Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Smiths Group plc is a FTSE 100 public limited company specializing in the design, manufacture, and delivery of engineering solutions for mission-critical applications across global markets. Founded in 1914 and headquartered in London, the company has pioneered progress for over 170 years, investing approximately 4% of revenue annually in research and development to drive innovation in technology and engineering. Its portfolio addresses pressing global challenges, including decarbonization, safety and security, energy efficiency, and data transmission demands. Key businesses include John Crane, providing mission-critical flow control solutions for energy and process industries; Flex-Tek, offering fluid movement and temperature management for diverse sectors; and formerly Smiths Detection and Smiths Interconnect, with sales agreements announced in late 2025 to refocus on premium flow management and thermal solutions. Operating in multiple countries with thousands of engineers and colleagues worldwide, Smiths Group plc holds leading positions in attractive, growing markets, supported by a robust financial model featuring high recurring revenues and resilient margins.
18.97% operating margin is respectable but not wide. ROIC at 11.98%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue declined 8.5% YoY. The question is whether this is cyclical or a structural shift.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (TTM)
£2.78B
▼ -8.5% YoY
Net Income (TTM)
£251M
▲ +8.2% YoY
Op. Margin
18.97%
▲ +4.2pp YoY
ROIC
11.98%
▲ +3.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
£332M
▲ +56.6% YoY
Op. Cash Flow (TTM)
£356M
▲ +29.0% YoY
Net Debt
£200M
Cash & Equiv.
£459M
3Y CAGR: +4.9%
3Y CAGR: -7.4%
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