profit from every £100 of sales.

Smiths Group
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2024.
You pay £29.26 for every £1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Smiths Group sold, what it kept, and what it did with the cash.
Sales went from £2.41 billion in 2021 to £2.78 billion in 2024, with £250 million of profit last year.
Smiths Group handed back 71% of the cash it generated last year.
Smiths Group vs. similar companies
Smiths Group grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from £100 of sales | Sales growth a year | Price per £1 of profit |
|---|---|---|---|
Smiths Group | 29.3× · Fair price | ||
GE Vernova | 43.5× · Expensive | ||
Schneider Electric S.E. | 34.4× · Expensive | ||
Eaton | 33.6× · Expensive | ||
Siemens Energy | 79.0× · Very expensive |
AI analysis
An AI analyst reads Smiths Group's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of GBP | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 2,406 | 2,566 | 3,037 | 2,778 | |
| 915 | 961 | 1,118 | 1,036 | |
| 313 | 152 | 448 | 527 | |
| 430 | 287 | 580 | 534 | |
| 284 | 1,033 | 231 | 250 | |
| – | 2.66 | 0.65 | 0.72 | |
| 38.0% | 37.5% | 36.8% | 37.3% | |
| 13.0% | 5.9% | 14.8% | 19.0% | |
| 11.8% | 40.3% | 7.6% | 9.0% |
Balance sheet
| In millions of GBP | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Total assets | 5,337 | 5,223 | 4,381 | 4,232 |
| Cash | 405 | 1,056 | 285 | 459 |
| Total debt | 1,502 | 1,166 | 654 | 659 |
| Total liabilities | 2,914 | 2,502 | 1,975 | 1,980 |
| 2,402 | 2,699 | 2,384 | 2,230 | |
| – | 388 | 355 | 347 | |
| 5.6% | 3.1% | 11.0% | 10.4% | |
| 11.8% | 38.3% | 9.7% | 11.2% |
Cash flow
| In millions of GBP | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 535 | 279 | 293 | 418 | |
| 117 | 88 | 81 | 86 | |
| 418 | 191 | 212 | 332 | |
| Dividends paid | 185 | 150 | 143 | 147 |
| 16 | 527 | 231 | 90 | |
| 13 | 13 | 13 | 13 |
Valuation
- 29.3×
- –
- –
- 3.3×
- 2.6×
- 22.0×
- 14.1×
- 4.5%
- 3.4%
- 2.0%
Profitability
- 37.3%
- 19.0%
- 9.0%
- –
- 10.4%
- 7.5%
- –
- –
- –
- –
Growth
- +4.9%
- –
- –
- –
- −4.3%
Financial health
- 0.4×
- 0.30
- –
- 5.5×
- 2.07
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
58.8% of its profit
Room to growStretchedMore than it earns: 44.3%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Smiths Group
Is Smiths Group a good stock to buy?
A solid business at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Smiths Group AI analysis
What does Smiths Group do?
Smiths Group plc operates as an industrial technology company in Americas, Europe, the Asia Pacific, and internationally. The company operates through four segments: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. It is in Specialty Industrial Machinery, based in London, United Kingdom, with 16,000 employees.
Does Smiths Group pay a dividend?
Yes. At today's price the dividend is 2.0% a year, about 59% of its yearly profit. In 2024 it paid out £147 million in dividends.
Is Smiths Group stock halal?
Yes. Smiths Group passes our halal screen: its business is permitted and its debt is 9% of its market value, under the 30% limit. How we check
How has Smiths Group stock done over the past year?
Up 7.5% over the past twelve months, to £26.92. It traded between £21.18 and £28.47 and is 5.4% below its high.
Who are Smiths Group's competitors?
The largest listed companies in the same industry are GE Vernova, Schneider Electric S.E., Eaton and Siemens Energy. The peers table on this page compares their profit, growth and price with Smiths Group's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



