Q1 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$1.9B-9.4% YoY

Gross Profit

$697M37.0% margin

Operating Income

$254M13.5% margin

Net Income

$632M33.6% margin

EPS (Diluted)

$4.52

QoQ Revenue Growth

-10.5%

Cash Flow

Operating Cash Flow

$167M

Free Cash Flow

$122M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$12.0B

Total Liabilities

$6.8B

Stockholders' Equity

$5.2B

Cash & Equivalents

$930M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$2.1B	-9.4%
Gross Profit	$697M	$747M	-6.7%
Operating Income	$254M	$315M	-19.2%
Net Income	$632M	$229M	+176.6%

Revenue Segments

Engineered Products Segment

$543M26%

Pumps & Process Solutions Segment

$466M22%

Clean Energy & Fueling Segment

$445M21%

Climate & Sustainability Technologies Segment

$364M17%

Imaging & Identification Segment

$277M13%

Geographic Segments

UNITED STATES

$1.2B58%

Europe

$433M21%

Asia

$203M10%

Americas, Excluding United States

$164M8%

Other Geographical Area

$71M3%