/
Pumps & pumping equipment company · PA · FY ends Dec · Revenue $438M · -12.73% margin · -$2M FCF
The business is unprofitable at the operating level (-12.55% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 3.8%, steady but not accelerating. Margins contracted 15.5pp, which offsets some of the top-line progress.
Free cash flow declined 238% versus the prior year, cash generation momentum has weakened. ROIC dropped from 4.87% to -23.55%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
$438M
▲ +3.8% YoY
Net Income (TTM)
-$68M
▼ -15183.8% YoY
Op. Margin
-12.73%
▼ -15.5pp YoY
ROIC
-23.56%
▼ -28.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$2M
▼ -238.2% YoY
Op. Cash Flow (TTM)
$8M
▼ -92.5% YoY
Net Debt
$131M
Cash & Equiv.
$9M
5Y CAGR: +5.7%
Continue Research