Ennis, Inc. produces and sells business forms and other printed products in the United States. The company sells snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under the Ennis, Royal Business Forms, Block Graphics, ColorWorx, Enfusion, Uncompromised Check Solutions, VersaSeal, Ad Concepts, FormSource Limited, Star Award Ribbon Company, Witt Printing, Genforms, PrintGraphics, Calibrated Forms, PrintXcel, Printegra, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hayes Graphics, Wright Business Graphics, Wright 360, Integrated Print & Graphics, the Flesh Company, AmeriPrint, Stylecraft, UMC Print, Eagle Graphics, Diamond Graphics, and Printing Technologies labels. It also provides point of purchase advertising under the Adams McClure brand; presentation and document folders under the Admore, Folder Express, and Independent Folders brands; custom printed products, labels, and custom and stock tags under the Ennis Tag & Label brand; custom and stock tags and labels under the Allen-Bailey Tag & Label, Atlas Tag & Label, Kay Toledo Tag, and Special Service Partners brands; custom and imprinted envelopes under the Trade Envelopes, Block Graphics, Wisco, and National Imprint Corporation brands; financial and security documents under the Northstar and General Financial Supply brands; and custom and stock pressure seal documents under the Infoseal and PrintXcel brands. In addition, it offers school photo marketing and national school forms for school portrait photographers and professional photo labs. The company distributes business forms and other business products through business forms distributors, resellers, direct mail, commercial printers, software companies, and advertising agencies. The company was formerly known as Ennis Business Forms, Inc. Ennis, Inc. was founded in 1909 and is headquartered in Midlothian, Texas.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2026
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2026 | $392M | $70M | $43M | $41M | 13.8% | -0.6% | 6.0% |
| 2025 | $395M | $68M | $40M | $60M | 13.3% | -6.1% | -5.6% |
| 2024 | $420M | $74M | $43M | $63M | 12.2% | -2.7% | -9.9% |
| 2023 | $432M | $78M | $47M | $42M | 14.3% | - | - |
| 2022 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Total Revenue | - | 431.84 | 420.11 | 394.62 | 392.40 |
| Operating Revenue | - | 431.84 | 420.11 | 394.62 | 392.40 |
| Cost Of Revenue | - | 300.79 | 294.77 | 277.32 | 271.99 |
| Gross Profit | - | 131.05 | 125.34 | 117.29 | 120.41 |
| Operating Expense | - | 70.79 | 68.83 | 65.38 | 67.73 |
| Selling General And Administration | - | 70.79 | 68.83 | 65.38 | 67.73 |
| Total Expenses | - | 371.58 | 363.60 | 342.70 | 339.73 |
| Operating Income | - | 60.26 | 56.51 | 51.92 | 52.68 |
| Total Operating Income As Reported | - | 66.15 | 56.46 | 51.97 | 52.69 |
| EBITDA | - | 77.61 | 74.02 | 68.48 | 69.80 |
| Normalized EBITDA | - | 71.72 | 74.08 | 68.43 | 69.79 |
| EBIT | - | 60.26 | 56.51 | 51.92 | 52.68 |
| Interest Income | - | 0.77 | 3.97 | 4.87 | 1.89 |
| Interest Expense | 0.01 | 0 | - | - | - |
| Net Interest Income | - | 0.77 | 3.97 | 4.87 | 1.89 |
| Other Non Operating Income Expenses | - | -1.99 | -1.31 | -1.39 | 4.01 |
| Other Income Expense | - | 3.90 | -1.36 | -1.33 | 4.02 |
| Interest Income Non Operating | - | 0.77 | 3.97 | 4.87 | 1.89 |
| Interest Expense Non Operating | 0.01 | 0 | - | - | - |
| Net Non Operating Interest Income Expense | - | 0.77 | 3.97 | 4.87 | 1.89 |
| Pretax Income | - | 64.93 | 59.12 | 55.45 | 58.59 |
| Tax Provision | - | 17.63 | 16.53 | 15.23 | 15.97 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 1.60 | -0.01 | 0.02 | 0 |
| Net Income Continuous Operations | - | 47.30 | 42.60 | 40.22 | 42.63 |
| Net Income From Continuing And Discontinued Operation | - | 47.30 | 42.60 | 40.22 | 42.63 |
| Net Income From Continuing Operation Net Minority Interest | - | 47.30 | 42.60 | 40.22 | 42.63 |
| Net Income | - | 47.30 | 42.60 | 40.22 | 42.63 |
| Net Income Common Stockholders | - | 47.30 | 42.60 | 40.22 | 42.63 |
| Net Income Including Noncontrolling Interests | - | 47.30 | 42.60 | 40.22 | 42.63 |
| Normalized Income | - | 43.01 | 42.64 | 40.18 | 42.62 |
| Diluted NI Availto Com Stockholders | - | 47.30 | 42.60 | 40.22 | 42.63 |
| Basic Average Shares | 26.03 | 25.82 | 25.84 | 26.03 | - |
| Diluted Average Shares | 26.11 | 25.95 | 25.94 | 26.16 | - |
| Reconciled Depreciation | - | 17.36 | 17.51 | 16.57 | 17.13 |
| Reconciled Cost Of Revenue | - | 300.79 | 294.77 | 277.32 | 271.99 |
| Total Unusual Items | - | 5.90 | -0.05 | 0.06 | 0.01 |
| Total Unusual Items Excluding Goodwill | - | 5.90 | -0.05 | 0.06 | 0.01 |
| Special Income Charges | - | 5.90 | -0.05 | 0.06 | 0.01 |
| Gain On Sale Of Ppe | - | 5.90 | -0.05 | 0.06 | 0.01 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Ennis, Inc.this co. | EBF | $519M | 12.18 | 1.68 | 13.8% | 7.07 |
| Insteel Industries Inc. | IIIN | $559M | 13.63 | 1.51 | 11.0% | 7.26 |
| Enviri Corporation | NVRI | $554M | -2.43 | -0.91 | 37.5% | 62.25 |
| Aspen Aerogels, Inc. | ASPN | $516M | -1.33 | 2.19 | -165.4% | -1.52 |
| Tejon Ranch Co. | TRC | $515M | 6870.53 | 1.08 |
| - |
| - |
| - |
| - |
| 0.0% |
| -309.29 |
| FTAI Infrastructure Inc. | FIP | $510M | -4.76 | 23.94 | -502.6% | 17.72 |
| American Battery Technology Company | ABAT | $506M | -10.82 | 7.17 | -66.2% | -12.18 |
| Titan International, Inc. | TWI | $502M | -7.91 | 0.98 | -12.3% | 10.69 |
| Park-Ohio Holdings Corp. | PKOH | $477M | 20.04 | 1.25 | 6.2% | 10.57 |
| Peer Median | - | -1.88 | 1.38 | -6.2% | 8.92 | |