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Spirax Group plc

Industrials GB SPX

6925.0GBX
25.00(0.36%)

Last update at 2026-06-04T15:35:00Z

Day Range

6855.006951.25
LowHigh

52 Week Range

5494.368050.00
LowHigh

Fundamentals

  • Previous Close 6900.00
  • Market Cap5344.30M
  • Volume148040
  • P/E Ratio32.77
  • Dividend Yield2.55%
  • EBITDA384.20M
  • Revenue TTM1702.90M
  • Revenue Per Share TTM23.11
  • Gross Profit TTM 339.90M
  • Diluted EPS TTM2.21

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 226.50M 258.90M 244.50M 308.10M 314.50M
Minority interest - -0.20000M -0.40000M -0.30000M -0.30000M
Net income 163.40M 191.20M 183.60M 224.70M 234.60M
Selling general administrative - - - - -
Selling and marketing expenses - - - - -
Gross profit 305.30M 333.90M 1280.10M 1225.50M 1039.80M
Reconciled depreciation - 98.00M 97.00M 81.00M 69.00M
Ebit 305.30M 297.90M 293.60M 318.80M 320.90M
Ebitda 407.50M 378.30M 390.60M 438.80M 391.30M
Depreciation and amortization 102.20M 80.40M 97.00M 120.00M 70.40M
Non operating income net other - - - - -
Operating income 305.30M 304.60M 298.40M 318.80M 320.90M
Other operating expenses 1397.60M 1360.60M 1398.20M 1258.30M 1025.60M
Interest expense 45.30M 54.80M 51.20M 16.20M 9.80M
Tax provision - 67.50M 60.50M 83.10M 79.60M
Interest income - 13.00M 11.30M 5.60M 3.40M
Net interest income - -43.70000M -39.90000M -10.70000M -6.40000M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 62.90M 67.50M 60.50M 83.10M 79.60M
Total revenue 1702.90M 1665.20M 1682.60M 1610.60M 1344.50M
Total operating expenses - 29.30M 989.60M 1258.30M 1025.60M
Cost of revenue 1397.60M 1331.30M 402.50M 385.10M 304.70M
Total other income expense net -78.80000M -45.70000M -53.90000M -10.70000M -6.40000M
Discontinued operations - - - - -
Net income from continuing ops - 191.40M 184.00M 225.00M 234.90M
Net income applicable to common shares - - - 224.70M 234.60M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 2661.10M 2645.00M 2708.40M 2784.90M 1863.20M
Intangible assets 396.10M 420.40M 448.80M 500.30M 255.70M
Earning assets - - - - -
Other current assets 89.90M 58.40M 63.10M 79.60M 44.70M
Total liab 1438.80M 1435.80M 1550.70M 1615.10M 853.20M
Total stockholder equity 1222.10M 1208.80M 1156.90M 1169.00M 1009.00M
Deferred long term liab - - - - 10.70M
Other current liab 43.10M 168.50M 148.60M 52.40M 38.30M
Common stock 19.90M 19.80M 19.80M 19.80M 19.80M
Capital stock - 19.80M 19.80M 19.80M 19.80M
Retained earnings 1236.80M 1190.60M 1120.30M 1067.00M 961.10M
Other liab - - - 195.20M 132.70M
Good will 663.30M 669.70M 680.50M 703.30M 411.20M
Other assets - - - 76.10M 52.30M
Cash 369.00M 334.20M 359.70M 328.90M 274.60M
Cash and equivalents - - - - -
Total current liabilities 565.60M 533.10M 454.00M 637.50M 381.70M
Current deferred revenue - - 32.90M - -
Net debt 654.90M 691.30M 763.40M 755.60M 190.60M
Short term debt 253.60M 241.40M 165.00M 302.10M 126.40M
Short long term debt - 224.20M 150.50M 288.00M 115.20M
Short long term debt total 1023.90M 1025.50M 1123.10M 1084.50M 465.20M
Other stockholder equity 92.10M 83.70M 16.80M 82.20M 28.10M
Property plant equipment - - - 451.70M 340.30M
Total current assets 1047.60M 986.90M 1024.80M 1053.50M 803.70M
Long term investments - - - - -
Net tangible assets - - - -34.60000M 342.10M
Short term investments - - - - -
Net receivables 336.30M 341.10M 316.80M 355.00M 283.10M
Long term debt - 706.20M 875.90M 731.30M 289.90M
Inventory 252.40M 253.20M 285.20M 290.00M 201.30M
Accounts payable 268.90M 86.00M 79.20M 283.00M 217.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -126.70000M -85.30000M -57.30000M - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 2.40M 1.80M 6.80M 7.10M 6.20M
Deferred long term asset charges - - - - -
Non current assets total 1613.50M 1658.10M 1683.60M 1731.40M 1059.50M
Capital lease obligations - 95.10M 96.70M 65.20M 60.10M
Long term debt total - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -65.30000M -95.70000M -571.00000M -58.70000M
Change to liabilities - - - 23.50M 59.50M
Total cashflows from investing activities -75.30000M -65.30000M -95.70000M -571.00000M -58.70000M
Net borrowings - -26.20000M -28.30000M 484.80M -89.20000M
Total cash from financing activities -178.00000M -215.00000M -219.20000M 346.70M -213.30000M
Change to operating activities - - - -0.80000M -1.00000M
Net income 163.40M 191.20M 183.60M 308.10M 314.50M
Change in cash 34.80M 21.10M -31.00000M 24.80M -5.00000M
Begin period cash flow 334.20M 212.80M 243.80M 219.00M 224.00M
End period cash flow 369.00M 233.90M 212.80M 243.80M 219.00M
Total cash from operating activities 259.60M 312.80M 298.60M 241.10M 273.40M
Issuance of capital stock - 1.90M -10.80000M 19.00M 1.50M
Depreciation 102.20M 98.00M 97.00M 81.00M 69.00M
Other cashflows from investing activities - 9.30M -6.50000M 5.60M 3.40M
Dividends paid 122.80M 119.30M 114.50M 103.60M 91.00M
Change to inventory -6.10000M 21.90M -13.10000M -58.30000M -26.70000M
Change to account receivables -26.00000M -34.50000M 12.60M -56.30000M -71.30000M
Sale purchase of stock - - -12.80000M - -26.10000M
Other cashflows from financing activities -18.00000M -54.80000M -65.60000M 980.40M 5.90M
Change to netincome - - - 27.30M 9.30M
Capital expenditures 47.80M 74.30M 105.40M 117.50M 64.10M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -18.60000M -15.10000M -9.20000M -91.90000M -39.50000M
Stock based compensation - 3.10M 6.10M 8.90M 9.20M
Other non cash items 12.60M 35.60M 21.10M -65.00000M 6.40M
Free cash flow 211.80M 238.50M 193.20M 123.60M 209.30M

Peer Comparison

Sector: Industrials Industry: Specialty Industrial Machinery

Company Change (GBX) Price (GBX) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SPX
Spirax Group plc
25.00 0.36% 6925.00 32.77 21.60 3.14 4.16 3.37 15.26
MYSE
Ming Yang Smart Energy Group Ltd. GDR
- -% 11.70 0.81 12.08 0.0036 0.81 0.11 2.09
WEIR
Weir Group PLC
52.00 2.18% 2438.00 32.23 20.92 3.10 3.93 3.42 15.64
SMIN
Smiths Group PLC
44.00 1.78% 2515.00 33.28 14.84 2.58 4.36 2.78 14.32
IMI
IMI PLC
2.00 0.07% 2802.00 22.27 18.59 2.92 5.70 2.97 12.23

Reports Covered

Stock Research & News

Profile

Spirax Group plc provides thermal energy and fluid technology solutions in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. The company offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating, curing, cooking, drying, cleaning, sterilizing, space heating, humidifying, vacuum packing, and producing hot water; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies; and peristaltic and niche pumps and associated fluid path technologies, including tubing, specialty filling systems, and products for single-use applications. The company serves food and beverage, pharmaceutical and biotechnology, oil and gas, chemical, power generation, healthcare, buildings, water and wastewater, semiconductor, transport, original equipment manufacturers machinery, and mining and precious metal processing industries. The company was formerly known as Spirax-Sarco Engineering plc and changed its name to Spirax Group PLC in June 2024. Spirax Group PLC was founded in 1888 and is headquartered in Cheltenham, the United Kingdom.

Spirax Group plc

Charlton House, Cheltenham, United Kingdom, GL53 8ER

Key Executives

Name Title Year Born
Mr. Nicholas J. Anderson B.Sc., Eng., MBA Group Chief Exec. & Exec. Director 1961
Mr. Nimesh B. Patel B.Sc. CFO & Exec. Director NA
Mr. Andy J. Robson L.L.B., LLB Law, Barrister Group Gen. Counsel & Company Sec. 1963
Mr. Jim Devine Group HR Director NA
Mr. Shaun Laubscher Head of Talent & Organisational Devel. NA
Mr. Dan Harvey Head of Internal Audit NA
Mr. Andrew Mines Managing Director of Watson-Marlow 1972
Ms. Sarah Peers Group Head of Sustainability NA
Maurizio Preziosa Managing Director of Steam Specialties NA
Ms. Jennifer Forrester Head of Employee Experience NA

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