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Smiths Group Plc (SMIN.LN)

Smiths Group Plc (SMIN.LN)
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Smiths Group is a UK-based industrial technology company focused on engineered solutions for fluid and energy management, following the planned divestments of its detection and interconnect divisions. Its two core businesses—John Crane and Flex-Tek—generate over 75% of group EBIT and serve critical infrastructure, energy, aerospace, HVAC, and industrial markets. John Crane supplies mechanical seals, filtration systems, and condition-monitoring technologies used in rotating equipment, with a high-margin, recurring aftermarket business. Flex-Tek provides specialized tubing, heating components, and ducting systems primarily for US HVAC and aerospace OEMs.

Fiscal Year End Date: 07/31

(Values in U.S. Thousands) Jul, 2025 Jul, 2024 Jul, 2023 Jul, 2022 Jul, 2021
Sales 2,915,000 3,132,000 3,037,000 2,566,000 2,406,000
Sales Growth -6.93% +3.13% +18.36% +6.65% -5.57%
Net Income 290,000 250,000 231,000 1,033,000 284,000
Net Income Growth +16.00% +8.23% -77.64% +263.73% +7.17%
(Values in U.S. Thousands) Jul, 2025 Jul, 2024 Jul, 2023 Jul, 2022 Jul, 2021
Total Assets 4,011,000 4,232,000 4,355,000 5,223,000 5,337,000
Total Assets Growth -5.22% -2.82% -16.62% -2.14% -1.40%
Total Liabilities 1,951,000 1,980,000 1,949,000 2,502,000 2,914,000
Total Liabilities Growth -1.46% +1.59% -22.10% -14.14% -3.48%
(Values in U.S. Thousands) Jul, 2025 Jul, 2024 Jul, 2023 Jul, 2022 Jul, 2021
Operating Cash Flow 456,000 418,000 293,000 279,000 535,000
Operating Cash Flow Growth +9.09% +42.66% +5.02% -47.85% +24.71%
Net Cash Flow -221,000 188,000 -760,000 540,000 91,000
Change in Net Cash Flow -217.55% +124.74% -240.74% +493.41% -6.19%
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