RAL FY 2023 Earnings Report — Ralliant Corp. Revenue & Financial Results | Market Cap Arena

Ralliant Corp.RAL

FY 2023 Earnings

Reported December 31, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2023	Prior Q	FY 2022	QoQ Change	YoY Change
Revenue	$2.2B	—	$2.1B	—	3.2%
Op. Income	$512M	—	$474M	—	8.0%
Gross Margin	51.9%	—	50.2%	—	1.8pp
Net Margin	19.3%	—	17.7%	—	1.6pp
EPS (Diluted)	$3.70	—	$3.29	—	12.4%
Free Cash Flow	$433M	—	$361M	—	19.9%

Revenue Flow

Item	Amount
REVENUE	$2.2B
Cost of Revenue	$1.0B
GROSS PROFIT	$1.1B
R&D Expenses	$162M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$446M
Other Expenses	$0
Operating Expenses	$608M
Cost & Expenses	$1.6B
OPERATING INCOME	$512M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$510M
Income Tax Expense	$93M
Net Income from Continuing Ops	$417M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$417M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$417M
D&A	$31M
EBIT	$512M
EBITDA	$543M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$2.2B
Cost of Revenue	$1.0B
GROSS PROFIT	$1.1B
R&D Expenses	$162M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$446M
Other Expenses	$0
Operating Expenses	$608M
Cost & Expenses	$1.6B
OPERATING INCOME	$512M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$510M
Income Tax Expense	$93M
Net Income from Continuing Ops	$417M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$417M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$417M
D&A	$31M
EBIT	$512M
EBITDA	$543M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$417M
Depreciation & Amortization	$31M
Stock-Based Compensation	$25M
Deferred Income Tax	$0
Other Non-Cash Items	$0
Change in Working Capital	-$11M
OPERATING CASH FLOW	$462M
Capital Expenditure	-$29M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$7M
NET CASH FROM INVESTING	-$22M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$432M
NET CASH FROM FINANCING	-$432M
FREE CASH FLOW	$433M
Net Change in Cash	$0

Balance Sheet

Item	Amount
Cash & Equivalents	$0
Short-Term Investments	$0
Net Receivables	$296M
Inventory	$273M
Other Current Assets	$43M
TOTAL CURRENT ASSETS	$612M
PP&E (Net)	$207M
Goodwill	$1.9B
Intangible Assets	$252M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$133M
TOTAL NON-CURRENT ASSETS	$2.4B
TOTAL ASSETS	$3.1B
Account Payables	$233M
Short-Term Debt	$0
Deferred Revenue	$161M
Other Current Liabilities	$145M
TOTAL CURRENT LIABILITIES	$555M
Long-Term Debt	$0
Deferred Revenue NC	$25M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$185M
TOTAL NON-CURRENT LIABILITIES	$245M
TOTAL LIABILITIES	$800M
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	-$353M
Other Equity	$2.6B
TOTAL STOCKHOLDERS' EQUITY	$2.3B
Minority Interest	$0
TOTAL EQUITY	$2.3B
TOTAL LIABILITIES & EQUITY	$3.1B
Total Debt	$47M
Net Debt	$47M