Q2 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$2.1B-2.7% YoY

Gross Profit

$759M36.1% margin

Operating Income

$324M15.5% margin

Net Income

$242M11.5% margin

EPS (Diluted)

$1.72

QoQ Revenue Growth

+1.0%

Cash Flow

Operating Cash Flow

$195M

Free Cash Flow

$155M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$10.9B

Total Liabilities

$6.2B

Stockholders' Equity

$4.7B

Cash & Equivalents

$286M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$2.2B	-2.7%
Gross Profit	$759M	$781M	-2.9%
Operating Income	$324M	$357M	-9.1%
Net Income	$242M	$290M	-16.4%

Revenue Segments

Engineered Products Segment

$474M23%

Pumps & Process Solutions Segment

$466M22%

Climate & Sustainability Technologies Segment

$449M21%

Clean Energy & Fueling Segment

$441M21%

Imaging & Identification Segment

$272M13%

Geographic Segments

UNITED STATES

$1.2B55%

Europe

$446M21%

Asia

$231M11%

Americas, Excluding United States

$169M8%

Other Geographical Area

$92M4%