Cash flow IMI plc

Equities

IMI

GB00BGLP8L22

Industrial Machinery & Equipment

Market Closed - London S.E. Other stock markets 16:35:12 18/05/2026 BST			5-day change	1st Jan Change
2,690.00 ^GBX	+1.66%		-3.24%	+8.12%

05-15	IMI plc Announces Appointment of Jackie Callaway as Member of the Remuneration Committee, Effective May 15, 2026	CI
05-15	Clarkson COO sells GBP3.9 million in shares	AN

e225902ab9a8d0a24f.UVq0xqwHx5LKKL_BVJvUkdNgfbs9gwFFEd80f0hVFro.ZwnOv5lSn6uIbI_5BsGx5bQsPNVotkU3XJ4HOgQCcYgOFOux4n61x4BRjw

Published financial data: IMI PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	1.87B	2.05B	2.2B	2.21B	2.3B
Total Revenues	1.87B	2.05B	2.2B	2.21B	2.3B
Cost of Goods Sold, Total	1B	1.11B	1.18B	1.17B	1.21B
Gross Profit	861M	937M	1.01B	1.04B	1.09B
Selling General & Admin Expenses, Total	567M	598M	642M	635M	645M
Other Operating Expenses, Total	567M	598M	642M	635M	645M
Operating Income	294M	339M	370M	410M	448M
Interest Expense, Total	-14.5M	-23.8M	-30.8M	-24.5M	-28.1M
Interest And Investment Income	2.4M	4.6M	8.1M	9.7M	12.3M
Net Interest Expenses	-12.1M	-19.2M	-22.7M	-14.8M	-15.8M
Other Non Operating Income (Expenses)	5.2M	4.9M	7M	-9.1M	13.8M
EBT, Excl. Unusual Items	287M	324M	354M	386M	446M
Restructuring Charges	-39.7M	-34.9M	-50.1M	-54.7M	-
Merger & Related Restructuring Charges	-3.1M	-4.2M	-1.6M	-700K	-900K
Impairment of Goodwill	-	-	-	-	-
Asset Writedown	-	-	-	-	-
Other Unusual Items	-	-	-	-	-27.1M
EBT, Incl. Unusual Items	245M	285M	302M	330M	418M
Income Tax Expense	48.3M	59.1M	65.1M	81.9M	109M
Earnings From Continuing Operations	196M	226M	237M	248M	310M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	196M	226M	237M	248M	310M
Minority Interest	-	-	-	-	-
Net Income - (IS)	196M	226M	237M	248M	310M
Net Income to Common Incl Extra Items	196M	226M	237M	248M	310M
Net Income to Common Excl. Extra Items	196M	226M	237M	248M	310M
Per Share Items
Net EPS - Basic	0.74	0.88	0.92	0.96	1.24
Basic EPS - Continuing Operations	0.74	0.88	0.92	0.96	1.24
Basic Weighted Average Shares Outstanding	267M	258M	259M	259M	249M
Net EPS - Diluted	0.73	0.87	0.91	0.96	1.24
Diluted EPS - Continuing Operations	0.73	0.87	0.91	0.96	1.24
Diluted Weighted Average Shares Outstanding	268M	260M	260M	260M	250M
Normalized Basic EPS	0.67	0.79	0.85	0.93	1.12
Normalized Diluted EPS	0.67	0.78	0.85	0.93	1.11
Dividend Per Share	0.24	0.26	0.28	0.31	0.34
Payout Ratio	31.48	27.49	28.99	30.58	26.01
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	349M	410M	447M	480M	517M
EBITA	309M	368M	402M	438M	474M
EBIT	294M	339M	370M	410M	448M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	19.75	20.71	21.53	24.79	25.95
Total Current Taxes	42.8M	61.1M	79.4M	86.1M	106M
Total Deferred Taxes	5.5M	-2M	-14.3M	-4.2M	2.6M
Normalized Net Income	180M	203M	221M	241M	279M
Interest on Long-Term Debt	2.8M	2.8M	2.9M	2.8M	2.9M
Non-Cash Pension Expense	-1.5M	-1.6M	300K	1.1M	2.6M
Supplemental Operating Expense Items
Selling and Marketing Expenses	233M	207M	224M	207M	207M
General and Administrative Expenses	310M	367M	387M	402M	426M
Research And Development Expense From Footnotes	49.7M	70.3M	73.6M	65.2M	64.9M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., Other (Total)	12M	11.7M	12.9M	10.8M	10.9M
Total Stock-Based Compensation	12M	11.7M	12.9M	10.8M	10.9M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	94.6M	133M	106M	148M	112M
Short Term Investments	2.9M	2M	1.7M	2.2M	2.5M
Total Cash And Short Term Investments	97.5M	135M	108M	150M	115M
Accounts Receivable, Total	325M	368M	403M	418M	438M
Other Receivables	72.9M	94.8M	101M	102M	110M
Total Receivables	398M	463M	504M	519M	548M
Inventory	335M	416M	437M	448M	396M
Prepaid Expenses	29.9M	23.6M	24.6M	25.3M	28M
Other Current Assets, Total	10M	15.7M	12.1M	6.9M	75.1M
Total Current Assets	871M	1.05B	1.09B	1.15B	1.16B
Gross Property Plant And Equipment	980M	1.07B	1.06B	993M	1.02B
Accumulated Depreciation	-620M	-666M	-664M	-605M	-616M
Net Property Plant And Equipment	359M	406M	400M	389M	406M
Goodwill	534M	734M	680M	671M	651M
Other Intangibles, Total	234M	270M	277M	225M	193M
Deferred Tax Assets Long-Term	39.7M	24.5M	22.7M	24.2M	31M
Deferred Charges Long-Term	-	-	-	29.3M	28.4M
Other Long-Term Assets, Total	131M	31.1M	4M	3.2M	8.8M
Total Assets	2.17B	2.52B	2.47B	2.49B	2.48B
Liabilities
Accounts Payable, Total	120M	151M	152M	146M	143M
Accrued Expenses, Total	27.5M	79.1M	76.7M	73.7M	85.7M
Short-term Borrowings	65.5M	93.8M	66.3M	91M	43.5M
Current Portion of Long-Term Debt	128M	150M	47.2M	124M	92.6M
Current Portion of Leases	23.9M	25.8M	25.2M	23.2M	23.8M
Current Income Taxes Payable	66M	70.1M	73M	61.8M	77M
Unearned Revenue Current, Total	73.2M	71.9M	97.1M	127M	91.7M
Other Current Liabilities	224M	177M	184M	197M	220M
Total Current Liabilities	728M	818M	722M	844M	778M
Long-Term Debt	430M	595M	531M	391M	430M
Long-Term Leases	70M	79.9M	75M	65.9M	54.3M
Pension & Other Post Retirement Benefits	66.5M	47.4M	50.6M	48.5M	44.4M
Deferred Tax Liability Non Current	70.2M	47.9M	33.3M	33.7M	40.9M
Other Non Current Liabilities	24.8M	25.2M	28.3M	22M	24.4M
Total Liabilities	1.39B	1.61B	1.44B	1.41B	1.37B
Common Stock, Total	78.6M	78.6M	78.6M	77.1M	74.2M
Additional Paid In Capital	15.2M	16.4M	17M	18.3M	19.6M
Retained Earnings	498M	589M	746M	830M	875M
Comprehensive Income and Other	188M	221M	189M	160M	141M
Total Common Equity	779M	906M	1.03B	1.09B	1.11B
Minority Interest	-	-	-	-	-
Total Equity	779M	906M	1.03B	1.09B	1.11B
Total Liabilities And Equity	2.17B	2.52B	2.47B	2.49B	2.48B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	259M	258M	260M	255M	246M
ECS Total Common Shares Outstanding	259M	258M	260M	255M	246M
Book Value / Share	3.01	3.5	3.96	4.25	4.51
Tangible Book Value	11M	-98.6M	72.5M	190M	265M
Tangible Book Value Per Share	0.04	-0.38	0.28	0.74	1.08
Total Debt	717M	945M	745M	696M	644M
Net Debt	620M	810M	637M	546M	529M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-62.5M	13.2M	48.5M	47.2M	36.7M
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	135M	169M	162M	161M	134M
Inventories - Work In Process, Total	107M	137M	174M	182M	152M
Inventories - Finished Goods, Total	92.8M	111M	101M	105M	110M
Land - (BS)	187M	198M	200M	193M	216M
Machinery, Total	675M	736M	729M	682M	696M
Full Time Employees	11.23K	10.99K	10.77K	10.35K	10.36K
Accumulated Allowance for Doubtful Accounts (Supple)	15.7M	16.4M	18M	18.8M	23M
Order Backlog	-	627M	760M	857M	875M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	196M	226M	237M	248M	310M
Depreciation & Amortization - CF	68.3M	74.2M	74.8M	71M	70.3M
Amortization of Goodwill and Intangible Assets - (CF)	15M	29.5M	32M	28.2M	25.6M
Depreciation & Amortization, Total	83.3M	104M	107M	99.2M	95.9M
Amortization of Deferred Charges, Total - (CF)	16.2M	18.5M	17.6M	19.8M	17.5M
(Gain) Loss From Sale Of Asset	2.5M	6.5M	-200K	-4.6M	-24.9M
Asset Writedown & Restructuring Costs	5.5M	-1.6M	5.2M	2.4M	1.6M
Stock-Based Compensation (CF)	12M	11.7M	12.9M	10.8M	10.9M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-3.7M	19.8M	5.2M	9.8M	13.7M
Change In Accounts Receivable	-44M	-38.8M	-56.5M	-40.5M	-26.3M
Change In Inventories	-37.3M	-47.6M	-32.3M	-24.1M	31.4M
Change In Accounts Payable	30.7M	1.3M	57.5M	43.1M	-2.6M
Change in Other Net Operating Assets	7.7M	-16.1M	9.7M	7.2M	-11.8M
Cash from Operations	269M	284M	363M	372M	415M
Capital Expenditure	-46.2M	-57.2M	-60.4M	-75.3M	-82.2M
Sale of Property, Plant, and Equipment	4.6M	2.9M	1.6M	15.6M	32.7M
Cash Acquisitions	-202M	-201M	-	-17.7M	-
Divestitures	100K	-2.1M	100K	15.2M	-
Sale (Purchase) of Intangible assets	-11.3M	-14.1M	-19.5M	-16.2M	-16.4M
Investment in Marketable and Equity Securities, Total	-	-	-	-1M	-400K
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-8M
Other Investing Activities, Total	22.9M	-1.7M	9.1M	21.4M	4.8M
Cash from Investing	-232M	-273M	-69.1M	-58M	-69.5M
Long-Term Debt Issued, Total	208M	259M	-	-	130M
Total Debt Issued	208M	259M	-	-	130M
Long-Term Debt Repaid, Total	-30M	-154M	-177M	-78.6M	-158M
Total Debt Repaid	-30M	-154M	-177M	-78.6M	-158M
Issuance of Common Stock	1M	1.2M	600K	3.3M	1.3M
Repurchase of Common Stock	-227M	-20M	-	-100M	-201M
Common Dividends Paid	-61.8M	-62.2M	-68.8M	-76M	-80.6M
Common & Preferred Stock Dividends Paid	-61.8M	-62.2M	-68.8M	-76M	-80.6M
Other Financing Activities, Total	-14.5M	-23.8M	-30.8M	-24.5M	-28.1M
Cash from Financing	-124M	700K	-276M	-276M	-337M
Foreign Exchange Rate Adjustments	-18.6M	-900K	-16.7M	-20.8M	6.5M
Net Change in Cash	-105M	10.1M	1M	16.6M	15.6M
Supplemental Items
Cash Interest Paid	14.5M	23.8M	30.8M	24.5M	28.1M
Cash Income Tax Paid (Refund)	50.9M	48.6M	76.1M	97.9M	99.7M
Levered Free Cash Flow	166M	152M	244M	280M	252M
Unlevered Free Cash Flow	175M	167M	263M	296M	270M
Change In Net Working Capital	63.1M	108M	25.1M	-1.2M	36.5M
Net Debt Issued / Repaid	178M	106M	-177M	-78.6M	-27.9M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	8.92	9.03	9.24	10.32	11.28
Return on Total Capital	13.04	12.65	12.75	14.4	15.87
Return On Equity %	24.87	26.87	24.52	23.5	28.25
Return on Common Equity	24.87	26.87	24.52	23.5	28.25
Margin Analysis
Gross Profit Margin %	46.16	45.72	46.1	47.27	47.46
SG&A Margin	30.39	29.19	29.26	28.73	27.99
EBITDA Margin %	18.72	20.02	20.36	21.73	22.43
EBITA Margin %	16.58	17.97	18.3	19.81	20.58
EBIT Margin %	15.77	16.53	16.84	18.54	19.47
Income From Continuing Operations Margin %	10.52	11.04	10.81	11.24	13.45
Net Income Margin %	10.52	11.04	10.81	11.24	13.45
Net Avail. For Common Margin %	10.52	11.04	10.81	11.24	13.45
Normalized Net Income Margin	9.63	9.9	10.08	10.91	12.11
Levered Free Cash Flow Margin	8.88	7.42	11.12	12.68	10.94
Unlevered Free Cash Flow Margin	9.37	8.14	12	13.37	11.7
Asset Turnover
Asset Turnover	0.9	0.87	0.88	0.89	0.93
Fixed Assets Turnover	5.25	5.35	5.45	5.6	5.8
Receivables Turnover (Average Receivables)	5.92	5.91	5.71	5.39	5.39
Inventory Turnover (Average Inventory)	3.2	2.96	2.77	2.63	2.87
Short Term Liquidity
Current Ratio	1.2	1.29	1.5	1.36	1.5
Quick Ratio	0.68	0.73	0.85	0.79	0.85
Operating Cash Flow to Current Liabilities	0.37	0.35	0.5	0.44	0.53
Days Sales Outstanding (Average Receivables)	61.7	61.8	63.97	67.91	67.76
Days Outstanding Inventory (Average Inventory)	114.18	123.32	131.82	138.98	127.28
Average Days Payable Outstanding	40.6	41.48	45.86	46.41	45.57
Cash Conversion Cycle (Average Days)	135.28	143.65	149.92	160.49	149.47
Long Term Solvency
Total Debt/Equity	92.08	104.35	72.33	64.1	58.04
Total Debt / Total Capital	47.94	51.06	41.97	39.06	36.72
LT Debt/Equity	64.22	74.57	58.86	42.14	43.62
Long-Term Debt / Total Capital	33.43	36.49	34.16	25.68	27.6
Total Liabilities / Total Assets	64.08	64.06	58.3	56.43	55.28
EBIT / Interest Expense	20.3	14.24	12.01	16.72	15.96
EBITDA / Interest Expense	26.04	18.59	15.47	20.77	19.37
(EBITDA - Capex) / Interest Expense	22.86	16.19	13.51	17.7	16.45
Total Debt / EBITDA	1.9	2.14	1.56	1.37	1.18
Net Debt / EBITDA	1.64	1.83	1.34	1.07	0.97
Total Debt / (EBITDA - Capex)	2.16	2.45	1.79	1.6	1.39
Net Debt / (EBITDA - Capex)	1.87	2.1	1.53	1.26	1.14
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	2.25	9.81	7.17	0.64	4.25
Gross Profit, 1 Yr. Growth %	5.54	8.76	8.05	3.19	4.67
EBITDA, 1 Yr. Growth %	5.91	17.43	9.02	7.38	7.64
EBITA, 1 Yr. Growth %	9.14	19.08	9.1	8.98	8.27
EBIT, 1 Yr. Growth %	11.18	15.12	9.15	10.79	9.47
Earnings From Cont. Operations, 1 Yr. Growth %	15.33	15.28	4.86	4.72	24.71
Net Income, 1 Yr. Growth %	15.33	15.28	4.86	4.72	24.71
Normalized Net Income, 1 Yr. Growth %	14.05	12.91	9.12	8.95	15.73
Diluted EPS Before Extra, 1 Yr. Growth %	16.93	19.13	4.59	4.82	29.5
Accounts Receivable, 1 Yr. Growth %	6.51	13.25	9.67	3.7	4.91
Inventory, 1 Yr. Growth %	14.29	24.19	4.69	2.4	-11.46
Net Property, Plant and Equip., 1 Yr. Growth %	2.16	13.08	-1.53	-2.8	4.3
Total Assets, 1 Yr. Growth %	10.79	16.19	-2.35	0.81	-0.42
Tangible Book Value, 1 Yr. Growth %	-94.49	-996.36	-166.82	81.34	39.98
Common Equity, 1 Yr. Growth %	-2.55	16.24	13.76	5.33	2.21
Cash From Operations, 1 Yr. Growth %	-18.23	5.39	28.02	2.31	11.76
Capital Expenditures, 1 Yr. Growth %	21.9	23.81	5.59	24.67	9.16
Levered Free Cash Flow, 1 Yr. Growth %	-33.1	-8.32	60.35	14.77	-10.1
Unlevered Free Cash Flow, 1 Yr. Growth %	-31.98	-4.57	57.6	12.2	-8.81
Dividend Per Share, 1 Yr. Growth %	5.33	8.44	10.12	9.89	9.97
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-0.19	5.96	8.48	3.85	2.43
Gross Profit, 2 Yr. CAGR %	2.85	7.14	8.41	5.59	3.93
EBITDA, 2 Yr. CAGR %	4.14	11.53	13.15	8.2	7.51
EBITA, 2 Yr. CAGR %	5.54	14	13.98	9.04	8.62
EBIT, 2 Yr. CAGR %	6.76	13.13	12.1	9.97	10.13
Earnings From Cont. Operations, 2 Yr. CAGR %	13.16	15.31	9.95	4.79	14.28
Net Income, 2 Yr. CAGR %	12.14	15.31	9.95	4.79	14.28
Normalized Net Income, 2 Yr. CAGR %	8.6	13.48	11	9.04	12.29
Diluted EPS Before Extra, 2 Yr. CAGR %	13.82	18.02	11.62	4.71	16.51
Accounts Receivable, 2 Yr. CAGR %	-0.02	9.83	11.23	6.64	4.3
Inventory, 2 Yr. CAGR %	9.26	19.14	14.22	3.54	-4.78
Net Property, Plant and Equip., 2 Yr. CAGR %	-0.3	7.48	5.53	-2.17	0.69
Total Assets, 2 Yr. CAGR %	9.05	13.46	6.73	-0.78	0.2
Tangible Book Value, 2 Yr. CAGR %	-65.25	-29.73	156.73	32.16	59.36
Common Equity, 2 Yr. CAGR %	4.76	6.43	14.99	9.46	3.76
Cash From Operations, 2 Yr. CAGR %	-7.53	-7.17	16.15	14.45	6.93
Capital Expenditures, 2 Yr. CAGR %	-0.85	22.85	14.34	14.74	16.66
Levered Free Cash Flow, 2 Yr. CAGR %	-16.97	-21.68	21.36	35.66	1.58
Unlevered Free Cash Flow, 2 Yr. CAGR %	-16.8	-19.43	22.75	32.98	1.15
Dividend Per Share, 2 Yr. CAGR %	-24.06	6.87	9.27	10.01	9.93
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-0.72	3.04	6.36	5.8	3.99
Gross Profit, 3 Yr. CAGR %	1.75	4.78	7.44	6.64	5.28
EBITDA, 3 Yr. CAGR %	2.11	8.39	10.68	11.19	8.01
EBITA, 3 Yr. CAGR %	2.73	9.87	12.34	12.29	8.78
EBIT, 3 Yr. CAGR %	5.81	9.48	11.79	11.66	9.8
Earnings From Cont. Operations, 3 Yr. CAGR %	5.04	13.86	11.72	8.18	11.05
Net Income, 3 Yr. CAGR %	5.04	13.18	11.72	8.18	11.05
Normalized Net Income, 3 Yr. CAGR %	7.55	10.02	12.01	10.31	11.22
Diluted EPS Before Extra, 3 Yr. CAGR %	5.47	15.56	13.36	9.31	12.39
Accounts Receivable, 3 Yr. CAGR %	-4.21	4.22	9.64	8.66	6.06
Inventory, 3 Yr. CAGR %	7.15	14.03	14.24	10.14	-1.72
Net Property, Plant and Equip., 3 Yr. CAGR %	8.09	3.97	4.39	2.67	-0.06
Total Assets, 3 Yr. CAGR %	6.35	11.38	8.07	4.72	-0.66
Tangible Book Value, 3 Yr. CAGR %	-43.03	2.67	-28.66	158.27	34.74
Common Equity, 3 Yr. CAGR %	5.36	8.45	8.82	11.68	6.99
Cash From Operations, 3 Yr. CAGR %	9.15	-3.41	3.33	11.34	13.54
Capital Expenditures, 3 Yr. CAGR %	6.73	6.77	16.81	17.68	12.85
Levered Free Cash Flow, 3 Yr. CAGR %	19.53	-14.18	-0.49	19.13	18.28
Unlevered Free Cash Flow, 3 Yr. CAGR %	17.15	-12.91	0.82	19.13	17.26
Dividend Per Share, 3 Yr. CAGR %	-16.43	-14.49	7.94	9.48	9.99
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	2.4	3.19	2.86	3.36	4.77
Gross Profit, 5 Yr. CAGR %	3.28	3.98	4.36	5.1	6.02
EBITDA, 5 Yr. CAGR %	2.88	6.04	6.39	8.31	9.4
EBITA, 5 Yr. CAGR %	3.12	6.62	7.09	9.54	10.84
EBIT, 5 Yr. CAGR %	4.44	7.13	8.28	9.67	11.12
Earnings From Cont. Operations, 5 Yr. CAGR %	8.06	9.27	6.97	10.14	12.73
Net Income, 5 Yr. CAGR %	8.46	6.9	6.97	9.74	12.73
Normalized Net Income, 5 Yr. CAGR %	5.91	7.54	8.92	9.62	12.12
Diluted EPS Before Extra, 5 Yr. CAGR %	8.81	10.26	7.89	11.09	14.61
Accounts Receivable, 5 Yr. CAGR %	-0.7	1.63	1.69	5.1	7.47
Inventory, 5 Yr. CAGR %	5.6	10.62	9.92	9.78	6.22
Net Property, Plant and Equip., 5 Yr. CAGR %	6.18	8.48	7.06	1.47	2.89
Total Assets, 5 Yr. CAGR %	5.63	9.44	6.5	6.43	4.85
Tangible Book Value, 5 Yr. CAGR %	-12.94	0.04	4.03	15.78	5.85
Common Equity, 5 Yr. CAGR %	7.48	8.32	9.11	8.86	6.77
Cash From Operations, 5 Yr. CAGR %	1.36	5.79	11.9	3.37	4.76
Capital Expenditures, 5 Yr. CAGR %	-8.21	-3.9	9.71	9.89	16.75
Levered Free Cash Flow, 5 Yr. CAGR %	1.86	4.6	20.26	3.11	0.33
Unlevered Free Cash Flow, 5 Yr. CAGR %	1.19	4.52	19.36	3.19	0.95
Dividend Per Share, 5 Yr. CAGR %	-9.34	-8.19	-6.96	-5.42	8.73