Smiths Group Income Statement

Financials in millions GBP. Fiscal year is August - July.

Millions GBP. Fiscal year is Aug - Jul.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Revenue	2,915	2,778	3,037	2,566	2,406
Revenue Growth (YoY)	4.93%	-8.53%	18.36%	6.65%	-5.57%
Cost of Revenue	1,839	1,742	1,919	1,605	1,491
Gross Profit	1,076	1,036	1,118	961	915
Selling, General & Admin	588	556	678	604	574
Research & Development	-2	-2	-	-	-
Amortization of Goodwill & Intangibles	50	47	-	-	-
Operating Expenses	636	601	678	604	574
Operating Income	440	435	440	357	341
Interest Expense	-67	-63	-85	-55	-49
Interest & Investment Income	40	26	36	14	9
Currency Exchange Gain (Loss)	-3	-2	-1	19	-50
Other Non Operating Income (Expenses)	1	-	7	3	-
EBT Excluding Unusual Items	411	396	397	338	251
Merger & Restructuring Charges	-28	-7	-37	-24	-2
Gain (Loss) on Sale of Investments	-3	-9	-	1	-
Legal Settlements	9	-30	-7	-3	-2
Other Unusual Items	-14	-23	7	-209	-7
Pretax Income	375	327	360	103	240
Income Tax Expense	99	105	134	90	83
Earnings From Continuing Operations	276	222	226	13	157
Earnings From Discontinued Operations	16	29	6	1,022	128
Net Income to Company	292	251	232	1,035	285
Minority Interest in Earnings	-2	-1	-1	-2	-1
Net Income	290	250	231	1,033	284
Net Income to Common	290	250	231	1,033	284
Net Income Growth	16.00%	8.22%	-77.64%	263.73%	7.17%
Shares Outstanding (Basic)	338	346	353	387	396
Shares Outstanding (Diluted)	340	347	355	388	399
Shares Change (YoY)	-2.11%	-2.08%	-8.67%	-2.57%	-0.06%
EPS (Basic)	0.86	0.72	0.65	2.67	0.72
EPS (Diluted)	0.85	0.72	0.65	2.66	0.71
EPS Growth	18.40%	10.69%	-75.53%	273.47%	7.17%
Free Cash Flow	384	350	240	221	457
Free Cash Flow Per Share	1.13	1.01	0.68	0.57	1.15
Dividend Per Share	0.460	0.438	0.416	0.396	0.377
Dividend Growth	5.14%	5.17%	5.05%	5.04%	7.71%
Gross Margin	36.91%	37.29%	36.81%	37.45%	38.03%
Operating Margin	15.09%	15.66%	14.49%	13.91%	14.17%
Profit Margin	9.95%	9.00%	7.61%	40.26%	11.80%
Free Cash Flow Margin	13.17%	12.60%	7.90%	8.61%	18.99%
EBITDA	537	529	534	446	434
EBITDA Margin	18.42%	19.04%	17.58%	17.38%	18.04%
D&A For EBITDA	97	94	94	89	93
EBIT	440	435	440	357	341
EBIT Margin	15.09%	15.66%	14.49%	13.91%	14.17%
Effective Tax Rate	26.40%	32.11%	37.22%	87.38%	34.58%

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.