Smiths Group (SMIN.L) stock price, revenue, and financials

Smiths Group market cap is £4.9 b, and annual revenue was £2.50 b in FY 2019

£4.9 B

SMIN.L Mkt cap, 21-May-2020

£1.2 B

Smiths Group Revenue H1, 2020
Smiths Group Gross profit (H1, 2020)509 M
Smiths Group Gross profit margin (H1, 2020), %41%
Smiths Group Net income (H1, 2020)160 M
Smiths Group EBIT (H1, 2020)145 M
Smiths Group Cash, 31-Jan-2020206 M
Smiths Group EV6.2 B

Smiths Group Revenue

Smiths Group revenue was £2.50 b in FY, 2019 which is a 22.3% year over year decrease from the previous period.

Embed Graph

Smiths Group Revenue Breakdown

Embed Graph

Smiths Group revenue breakdown by business segment: 17.5% from Flex-Tek, 12.8% from Smiths Interconnect, 31.9% from Smiths Detection and 37.8% from John Crane

Smiths Group revenue breakdown by geographic segment: 16.4% from Asia-Pacific, 49.8% from Americas, 11.5% from Rest of the World and 22.3% from Europe

Smiths Group Income Statement

Annual

GBPFY, 2017FY, 2018FY, 2019

Revenue

3.3b3.2b2.5b

Revenue growth, %

11%(2%)(22%)

Cost of goods sold

1.8b1.7b1.4b

Gross profit

1.5b1.5b1.1b

Gross profit Margin, %

46%46%43%

Sales and marketing expense

449.0m435.0m267.0m

General and administrative expense

577.0m542.0m375.0m

Operating expense total

1.0b977.0m642.0m

EBIT

674.0m494.0m427.0m

EBIT margin, %

21%15%17%

Interest expense

66.0m64.0m62.0m

Interest income

5.0m7.0m11.0m

Pre tax profit

601.0m435.0m304.0m

Income tax expense

29.0m156.0m162.0m

Net Income

564.0m279.0m142.0m

EPS

0.30.6

Half Year

GBPH1, 2017H1, 2018H1, 2019H1, 2020

Revenue

1.6b1.5b1.6b1.2b

Cost of goods sold

870.0m838.0m856.0m731.0m

Gross profit

747.0m711.0m717.0m509.0m

Gross profit Margin, %

46%46%46%41%

Sales and marketing expense

223.0m219.0m219.0m138.0m

General and administrative expense

273.0m262.0m302.0m226.0m

Operating expense total

496.0m481.0m521.0m364.0m

EBIT

377.0m229.0m213.0m145.0m

EBIT margin, %

23%15%14%12%

Interest expense

30.0m33.0m34.0m30.0m

Interest income

1.0m3.0m4.0m4.0m

Pre tax profit

346.0m199.0m174.0m146.0m

Income tax expense

43.0m95.0m53.0m40.0m

Net Income

303.0m104.0m121.0m160.0m

Smiths Group Balance Sheet

Annual

GBPFY, 2017FY, 2018FY, 2019

Cash

782.0m717.0m289.0m

Accounts Receivable

653.0m701.0m574.0m

Inventories

452.0m466.0m417.0m

Current Assets

2.0b2.0b2.7b

PP&E

315.0m320.0m232.0m

Goodwill

1.6b1.6b1.3b

Total Assets

5.2b5.2b5.3b

Accounts Payable

202.0m244.0m221.0m

Short-term debt

151.0m203.0m9.0m

Current Liabilities

867.0m961.0m918.0m

Long-term debt

1.6b1.4b1.5b

Non-Current Liabilities

2.2b1.9b1.6b

Total Debt

1.7b1.6b1.5b

Total Liabilities

3.1b2.9b2.9b

Common Stock

148.0m148.0m148.0m

Additional Paid-in Capital

148.0m358.0m360.0m

Retained Earnings

403.0m1.8b2.0b

Total Equity

2.1b2.3b2.4b

Debt to Equity Ratio

0.8 x0.7 x0.6 x

Debt to Assets Ratio

0.3 x0.3 x0.3 x

Financial Leverage

2.5 x2.3 x2.3 x

Half Year

GBPH1, 2017H1, 2018H1, 2019H1, 2020

Cash

816.0m591.0m480.0m206.0m

Inventories

484.0m439.0m513.0m470.0m

Current Assets

2.0b1.7b1.8b2.5b

PP&E

319.0m291.0m324.0m218.0m

Goodwill

1.4b1.5b1.6b1.2b

Total Assets

4.6b4.7b4.8b5.1b

Short-term debt

286.0m21.0m18.0m47.0m

Current Liabilities

948.0m699.0m744.0m922.0m

Long-term debt

1.2b1.5b1.4b1.5b

Non-Current Liabilities

1.8b2.0b1.9b2.0b

Total Debt

1.5b1.6b1.4b1.5b

Total Liabilities

2.8b2.7b2.7b2.9b

Common Stock

148.0m148.0m148.0m149.0m

Additional Paid-in Capital

354.0m358.0m360.0m361.0m

Retained Earnings

1.4b1.4b1.7b1.7b

Total Equity

1.8b2.0b2.2b2.2b

Debt to Equity Ratio

0.8 x0.8 x0.7 x0.7 x

Debt to Assets Ratio

0.3 x0.3 x0.3 x0.3 x

Financial Leverage

2.5 x2.4 x2.2 x2.3 x

Smiths Group Cash Flow

Annual

GBPFY, 2017FY, 2018FY, 2019

Net Income

572.0m279.0m142.0m

Depreciation and Amortization

119.0m126.0m137.0m

Accounts Receivable

39.0m(17.0m)(105.0m)

Inventories

52.0m(17.0m)(48.0m)

Accounts Payable

16.0m21.0m66.0m

Cash From Operating Activities

479.0m405.0m346.0m

Purchases of PP&E

(62.0m)(68.0m)(79.0m)

Cash From Investing Activities

(234.0m)(145.0m)(367.0m)

Long-term Borrowings

(256.0m)(135.0m)(194.0m)

Dividends Paid

(167.0m)(172.0m)(178.0m)

Cash From Financing Activities

116.0m(316.0m)(391.0m)

Net Change in Cash

361.0m(56.0m)(412.0m)

Interest Paid

65.0m71.0m64.0m

Income Taxes Paid

82.0m65.0m99.0m

Half Year

GBPH1, 2017H1, 2018H1, 2019H1, 2020

Net Income

303.0m104.0m121.0m145.0m

Depreciation and Amortization

58.0m65.0m61.0m55.0m

Accounts Receivable

67.0m33.0m1.0m149.0m

Inventories

(2.0m)(18.0m)(50.0m)(98.0m)

Accounts Payable

(28.0m)(31.0m)(16.0m)(78.0m)

Cash From Operating Activities

225.0m159.0m123.0m187.0m

Purchases of PP&E

(29.0m)(28.0m)(35.0m)(29.0m)

Cash From Investing Activities

271.0m(55.0m)(23.0m)(79.0m)

Long-term Borrowings

(1.0m)(132.0m)(194.0m)

Dividends Paid

(114.0m)(117.0m)(122.0m)(126.0m)

Cash From Financing Activities

(123.0m)(257.0m)(337.0m)(166.0m)

Net Change in Cash

373.0m(153.0m)(237.0m)(58.0m)

Interest Paid

23.0m34.0m29.0m17.0m

Income Taxes Paid

46.0m38.0m52.0m60.0m

Smiths Group Ratios

GBPY, 2020

EV/EBIT

42.9 x

EV/CFO

33.2 x

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.3 x

Smiths Group Operating Metrics

FY, 2016FY, 2017H1, 2018FY, 2018H1, 2019FY, 2019H1, 2020

Adjusted Claims

247 k273 k275 k277 k281 k285 k287 k

Countries

200 200 50 50 50

Locations

350 350

Suppliers

12 k

Smiths Group Employee Rating

3.949 votes
Culture & Values
3.9
Work/Life Balance
3.8
Senior Management
3.6
Salary & Benefits
3.3
Career Opportunities
3.2
Source