Specialty industrial machinery
34 companies · $180B combined revenue · $22.1B operating profit
The typical US-listed specialty industrial machinery company grew revenue 6.2% and earnings 9.7% in its latest year, at a 13.7% operating margin, and 9 of 33 earn a return on capital above 15%. Figures from each company's latest annual filing with the SEC, refreshed daily.
Growth engines: the 4 Cylinders
All four working: 4% of companiesA company's earnings per share can grow in only four ways: more sales, profits growing faster than sales (operating leverage), wider margins, and less debt. Each bar is the share of companies where that engine worked in their latest year.
- Sales growth · Revenue up 10% or more38%
- Operating leverage · Operating income growing faster than a growing revenue41%
- Margin expansion · Operating margin up 1 point or more36%
- Debt reduction · Debt down 5% or more, or net cash42%
Combined revenue · 33 companies reporting in US dollars
Combined operating margin
All 34 companies
| Median | – | 6.2% | 9.7% | 13.7% | 10.6% | 0.51x |
| ETNEaton | $27.4B | 10.3%▲ | 7.7%▼ | – | – | 0.51x |
| ITWIllinois Tool Works | $16.0B | 0.9%▼ | -12.1%▼ | 26.3%▲ | 38.3%▲ | 2.38x▼ |
| CMICummins | $33.7B | -1.3%▼ | -27.3%▼ | 12%▼ | 16.5%▲ | 0.56x▼ |
| IRIngersoll Rand | $7.7B | 5.7%▼ | -30.7%▼ | 15%▲ | 7.1%▼ | 0.47x▲ |
| NVTnVent Electric | $3.9B | 29.5%▲ | 114%▲ | 15.8%▲ | 10.5%▼ | 0.42x▲ |
| XYLXylem | $9.0B | 5.5%▼ | 7.5%▼ | 13.5%▼ | 8.3%▼ | 0.17x▲ |
| SYMSymbotic | $2.2B | 25.7%▲ | – | -5.1%▼ | -17.3%▼ | – |
| CWCurtiss Wright | $3.5B | 12.1%▲ | 19.6%▲ | 18.1%▲ | 16.6%▲ | 0.38x▲ |
| NDSNNordson | $2.8B | 3.8%▼ | 3.7%▼ | 25.5%▲ | 13.8%▲ | 0.66x▼ |
| ZBRAZebra Technologies | $5.4B | 8.3%▲ | -20.6%▼ | 13%▼ | 10.5%▼ | 0.70x▼ |
| HSAIHesai | CNY 3.0B | 45.8%▲ | – | 5.6%▼ | 1.8%▼ | 0.04x▲ |
| IEXIDEX | $3.5B | 5.8%▼ | -4.3%▼ | 20.2%▲ | 11%▲ | 0.45x▲ |
| RBCRBC Bearings | $1.9B | 14.3%▲ | 16.8%▲ | 22.5%▲ | 9.2%▼ | 0.26x▲ |
| LECOLincoln Electric | $4.2B | 5.6%▼ | 11.7%▲ | 17%▲ | 25.5%▲ | 0.78x▼ |
| GGGGRACO | $2.2B | 5.8%▼ | 7.4%▼ | 27.9%▲ | 22.3%▲ | – |
| BWXTBWX Technologies | $3.2B | 18.3%▲ | 16.7%▲ | 12.6%▼ | 11.2%▲ | 1.64x▼ |
| MOG-AMOOG | $3.9B | 7%▲ | 12.6%▲ | 11.6%▼ | 13.6%▲ | 0.47x▲ |
| RRXRegal Rexnord | $5.9B | -1.6%▼ | 42.5%▲ | 11.5%▼ | 5.4%▼ | 0.70x▼ |
| DCIDonaldson | $3.9B | 5.3%▼ | 23.7%▲ | 15.4%▲ | 18.8%▲ | 0.75x▼ |
| FLSFlowserve | $4.7B | 3.8%▼ | 22.5%▲ | 8.5%▼ | 9.5%▼ | 0.72x▼ |
| SPXCSPX Technologies | $2.3B | 14.2%▲ | 21.7%▲ | 15.5%▲ | 11.1%▲ | 0.22x▲ |
| PNRPentair | $4.2B | 2.3%▼ | 4.5%▼ | 20.5%▲ | 14.5%▲ | 0.42x▲ |
| ZWSZurn Elkay Water Solutions | $1.7B | 8.3%▲ | 23.6%▲ | 16.4%▲ | 11.5%▲ | 0.31x▲ |
| TKRTimken | $4.6B | 0.2%▼ | -18.2%▼ | 11.8%▼ | 9.4%▼ | 0.60x▼ |
| GTESGates Industrial | $3.4B | 1%▼ | 29%▲ | 13.5%▼ | 7.3%▼ | 0.67x▼ |
| JBTMJBT Marel | $3.8B | 121%▲ | -159%▼ | 5%▼ | 2.9%▼ | 0.42x▲ |
| BCBrunswick | $5.4B | 2.4%▼ | -206%▼ | -0.8%▼ | -1%▼ | 1.29x▼ |
| ESABESAB | $2.8B | 3.7%▼ | -14.4%▼ | 14.5%▲ | 10%▼ | 0.57x▼ |
| CECOCECO Environmental | $774M | 38.8%▲ | 286%▲ | 13.7% | 18%▲ | 0.67x▼ |
| EFXTEnerflex | $2.6B | 6.5%▲ | 100%▲ | 11.9%▼ | 16.9%▲ | 0.53x▼ |
| KAIKadant | $1.1B | -0.1%▼ | -8.6%▼ | 14.9%▲ | 10.6% | 0.38x▲ |
| KMTKennametal | $2.4B | 19.8%▲ | 268%▲ | 20.1%▲ | 19%▲ | 0.44x▲ |
| OUSTOuster | $169M | 52.5%▲ | – | -43.7%▼ | -26.6%▼ | – |
| CHRNChronoScale | $72M | 459%▲ | – | -52.4%▼ | -15.7%▼ | 0.02x▲ |
▲ better than the median, ▼ worse. n/a: the ratio doesn't apply to that kind of business (e.g. a bank's operating margin). Sort by any column. Figures from each company's latest 10-K (or 20-F/40-F).