Q1 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$2.1B+1.3% YoY

Gross Profit

$747M35.9% margin

Operating Income

$315M15.1% margin

Net Income

$229M11.0% margin

EPS (Diluted)

$1.63

QoQ Revenue Growth

-2.8%

Cash Flow

Operating Cash Flow

$241M

Free Cash Flow

$193M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$10.8B

Total Liabilities

$6.3B

Stockholders' Equity

$4.5B

Cash & Equivalents

$272M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$2.1B	+1.3%
Gross Profit	$747M	$743M	+0.5%
Operating Income	$315M	$299M	+5.1%
Net Income	$229M	$226M	+1.1%

Revenue Segments

Engineered Products Segment

$498M24%

Climate & Sustainability Technologies Segment

$455M22%

Clean Energy & Fueling Segment

$431M21%

Pumps & Process Solutions Segment

$414M20%

Imaging & Identification Segment

$283M14%

Geographic Segments

UNITED STATES

$1.2B56%

Europe

$433M21%

Asia

$215M10%

Americas, Excluding United States

$172M8%

Other Geographical Area

$88M4%