Spirax-Sarco Engineering PLC

Chart & Performance

D1W1MN

P/E

11.83

P/S

1.36

EPS

2.59

Div Yield, %

2.44%

Shrs. gr., 5y

-12.94%

Rev. gr., 5y

6.03%

Revenues

1.67b

-1.03%

Net income

191m

+4.14%

CFO

313m

+4.76%

Dividend

Oct 18, 20240.26806 USD/sh

Earnings

Aug 12, 2025

Profile

Spirax-Sarco Engineering plc provides engineered solutions for the users of industrial and commercial steam systems, electrical heating and temperature management systems, and pumps and fluid path technologies. It offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating and curing, cleaning and sterilizing, hot water generation, space heating, and humidification; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies for industrial processes, heaters, and systems; and peristaltic and niche pumps and associated fluid path technologies, including pumps, tubing, and specialty filling systems and products for single-use applications. The company serves food, beverage, pharmaceutical and biotechnology, oil, gas, chemical, healthcare, power generation, buildings, mining and precious metal processing, water and wastewater, and pulp and paper, as well as original equipment manufacturers. The company sells its products directly, as well as through distributors. It operates in Europe, the Middle East, and Africa; the Asia Pacific; and the Americas. Spirax-Sarco Engineering plc was founded in 1888 and is headquartered in Cheltenham, the United Kingdom.

URL

https://www.spiraxsarcoengineering.com/

IPO date

Jan 02, 1986

Employees

10,000

Domiciled in

Incorporated in

Valuation

Order:

Title GBP in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title GBP in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	1,665,200 -1.03%	1,682,600 4.47%	1,610,600 19.79%
Cost of revenue	1,331,300	408,600	385,100
Unusual Expense (Income)
NOPBT	333,900	1,274,000	1,225,500
NOPBT Margin	20.05%	75.72%	76.09%
Operating Taxes	67,500	60,500	83,100
Tax Rate	20.22%	4.75%	6.78%
NOPAT	266,400	1,213,500	1,142,400
Net income	191,200 4.14%	183,600 -18.29%	224,700 -4.22%
Dividends	(119,300)	(114,500)	(103,600)
Dividend yield	2.35%	1.48%	0.66%
Proceeds from repurchase of equity		(10,800)	(19,000)
BB yield		0.14%	0.12%
Debt
Debt current	241,400	165,000	302,100
Long-term debt	879,200	1,054,800	847,600
Deferred revenue
Other long-term liabilities	118,600	138,600	67,100
Net debt	783,100	857,100	820,800
Cash flow
Cash from operating activities	312,800	298,600	241,100
CAPEX	(74,300)	(84,000)	(117,500)
Cash from investing activities	(65,300)	(95,700)	(571,000)
Cash from financing activities	(215,000)	(219,200)	346,700
FCF	294,600	1,136,500	915,600
Balance
Cash	334,200	359,700	328,900
Long term investments	3,300	3,000
Excess cash	254,240	278,570	248,370
Stockholders' equity	1,117,200	1,067,600	1,087,600
Invested Capital	2,099,060	2,140,830	2,032,630
ROIC	12.57%	58.15%	68.86%
ROCE	14.19%	52.66%	50.87%
EV
Common stock shares outstanding	73,900	73,800	147,600
Price	68.55 -34.75%	105.05 -1.04%	106.15 -33.86%
Market cap	5,065,845 -34.66%	7,752,690 -50.52%	15,667,740 -33.95%
EV	5,849,345	8,610,590	16,489,340
EBITDA	431,900	1,371,000	1,306,500
EV/EBITDA	13.54	6.28	12.62
Interest		51,200	16,200
Interest/NOPBT		4.02%	1.32%