REV Group, Inc. (REVG)

REV Group, Inc. (REVG) is a leading designer and manufacturer of specialty vehicles that serve essential needs in public services and commercial infrastructure. Led by CEO Cynthia Augustine, REV Group’s mission is to "Deliver high-quality specialty vehicle solutions that help save lives and protect communities." The company holds a dominant industry position in the North American ambulance and fire apparatus markets, operating through a portfolio of iconic brands including Horton, Wheeled Coach, and E-ONE. By late 2025, the REVG stock has been revitalized by a strategic "Pure-Play Transition," following the divestiture of its bus and lower-margin commercial businesses, allowing the company to focus on its high-demand emergency response segments. Its vision is to be the global leader in "Smart Emergency Infrastructure."

The business operations of REV Group are organized into two primary segments: Specialty Vehicles and Recreational Vehicles. The Specialty Vehicles segment is the company’s crown jewel, contributing over 75% of total revenue and holding a record backlog of approximately $4.4 billion as of late 2025. The core growth driver in 2025 has been "The Fire & Emergency Replacement Cycle," where municipal budgets and federal grants have driven record orders for next-generation fire trucks and ambulances. In fiscal 2025, REV Group reported a significant expansion in its adjusted EBITDA margins to nearly 14% in the specialty segment, driven by improved throughput and pricing realization. The 2026 strategic roadmap focuses on "The EV-Emergency Pivot," aiming to lead the market in zero-emission fire trucks and electric ambulances as municipalities prioritize ESG goals. By utilizing its "Backlog Moat"—which provides visibility into nearly three years of revenue—REV Group maintains a highly predictable growth profile. This "Contractual Security" is a primary driver for the REVG stock price, as the company converts its massive order book into high-margin deliveries.

The REVG stock is listed on the New York Stock Exchange under the ticker symbol REVG. Following its 2025 restructuring, REV Group, Inc. has transformed into a leaner, more profitable entity focused on "Essential Infrastructure." For investors monitoring the REVG stock price, the company’s ability to manage supply chain lead times and its successful execution of the $4.4 billion backlog are the most critical metrics. The REV Group stock offers a unique "Defensive Industrial" play, where demand is decoupled from the broader economic cycle and tied instead to mandatory public safety spending.