Q4 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$2.1B-1.6% YoY

Gross Profit

$786M37.3% margin

Operating Income

$354M16.8% margin

Net Income

$296M14.1% margin

EPS (Diluted)

$2.11

QoQ Revenue Growth

+7.5%

Cash Flow

Operating Cash Flow

$516M

Free Cash Flow

$455M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$11.3B

Total Liabilities

$6.2B

Stockholders' Equity

$5.1B

Cash & Equivalents

$399M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$2.1B	-1.6%
Gross Profit	$786M	$766M	+2.5%
Operating Income	$354M	$353M	+0.5%
Net Income	$296M	$264M	+12.4%

Revenue Segments

Engineered Products Segment

$529M25%

Clean Energy & Fueling Segment

$449M21%

Pumps & Process Solutions Segment

$445M21%

Climate & Sustainability Technologies Segment

$398M19%

Imaging & Identification Segment

$286M14%

Geographic Segments

UNITED STATES

$1.2B61%

Europe

$445M23%

Asia

$244M13%

Other Geographical Area

$66M3%