Spirax Group plc

SPX · LSE · Industrials / Specialty Industrial Machinery

7,540.00GBX+90.00 (+1.21%)

Price History

Full chart

Market Stats

Previous Close7,450.00

Open7,415.00

Day Range7,395.00 – 7,540.00

52-Week Range5,950.00 – 7,919.18

Volume111.38K

Market Cap5.48B

P/E (TTM)27.79

Forward P/E19.16

EPS2.67

Dividend Yield2.34%

Beta1.11

50-Day Avg7,074.10

200-Day Avg7,092.01

About

Spirax Group plc provides thermal energy and fluid technology solutions in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. It operates through three segments: Steam Thermal Solutions, Electric Thermal Solutions, and Watson-Marlow Fluid Technology Solutions. 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 designs and manufactures peristaltic and niche pumps and associated fluid path technologies, including tubing, specialised 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.

Company Details

SectorIndustrials
IndustrySpecialty Industrial Machinery
CEOMr. Nimesh Balvir Patel B.Sc.
Employees10.00K
HeadquartersCharlton House, Cheltenham, United Kingdom, GL53 8ER, UK
Websitehttps://www.spiraxgroup.com

Leadership

Mr. Nimesh Balvir Patel B.Sc.Group CEO & Executive Director · b. 1977
Ms. Louisa Sachiko Burdett ACA, BSc HonsCFO & Executive Director · b. 1968
Mr. Mal PatelHead of Investor Relations
Ms. Celine Arlette Virginie Barroche L.L.M.Group General Counsel & Company Secretary · b. 1974
Mr. Jim DevineGroup Human Resources Director
Mr. Andrew John MinesManaging Director of Electric Thermal Solutions · b. 1971
Mr. Maurizio PreziosaManaging Director of Steam Thermal Solutions
Ms. Jennifer ForresterHead of Employee Experience
Mr. Darren TowersHead of Inclusion, Diversity & Wellbeing
Mr. Stuart RobyManaging Director of Watson-Marlow Fluid Technology Solutions

Financials

Income Statement

Currency: GBP	1986-12-31	1987-12-31	1988-12-31	1989-12-31	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: GBP	1986-12-31	1987-12-31	1988-12-31	1989-12-31	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	94.89M	101.17M	109.35M	130.22M	148.22M	158.29M	168.38M	192.51M	217.88M	251.28M	271.98M	265.60M	249.03M	258.94M	278.15M	291.94M	296.36M	314.09M	315.99M	349.10M	384.25M	417.32M	502.32M	518.71M	589.75M	649.99M	661.72M	689.39M	678.28M	667.20M	757.40M	998.70M	1.15B	1.24B	1.19B	1.34B	1.61B	1.68B	1.67B	1.70B
Growth (%)	-	+6.62%	+8.08%	+19.08%	+13.83%	+6.79%	+6.37%	+14.33%	+13.18%	+15.33%	+8.24%	-2.35%	-6.24%	+3.98%	+7.42%	+4.96%	+1.51%	+5.98%	+0.61%	+10.48%	+10.07%	+8.61%	+20.37%	+3.26%	+13.70%	+10.22%	+1.80%	+4.18%	-1.61%	-1.63%	+13.52%	+31.86%	+15.48%	+7.73%	-3.94%	+12.66%	+19.79%	+4.47%	-1.03%	+2.26%
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	253.69M	268.34M	84.92M	92.28M	107.17M	118.60M	143.41M	135.14M	161.28M	180.33M	180.56M	179.21M	173.82M	164.50M	181.00M	241.90M	283.70M	808.60M	794.90M	852.20M	1.03B	402.50M	1.33B	1.16B
Gross Profit	94.89M	101.17M	109.35M	130.22M	148.22M	158.29M	168.38M	192.51M	217.88M	251.28M	271.98M	265.60M	249.03M	258.94M	278.15M	291.94M	42.67M	45.75M	231.07M	256.82M	277.08M	417.32M	502.32M	518.71M	589.75M	649.99M	481.16M	510.18M	504.45M	502.70M	576.40M	756.80M	869.60M	433.80M	398.50M	492.30M	576.70M	1.28B	333.90M	539.70M
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	14.40%	14.57%	73.13%	73.57%	72.11%	100.00%	100.00%	100.00%	100.00%	100.00%	72.71%	74.00%	74.37%	75.34%	76.10%	75.78%	75.40%	34.92%	33.39%	36.62%	35.81%	76.08%	20.05%	31.69%
Operating Expense	79.92M	84.25M	89.64M	108.24M	123.94M	134.33M	143.63M	164.42M	182.04M	207.27M	223.77M	217.02M	216.75M	216.22M	234.78M	251.14M	0	0	183.11M	201.65M	215.14M	348.98M	421.29M	442.18M	468.35M	520.49M	355.44M	365.10M	358.52M	357.60M	404.40M	539.70M	572.70M	180.20M	156.00M	172.60M	261.90M	981.70M	29.30M	239.60M
Operating Income	14.97M	16.93M	19.70M	21.97M	24.29M	23.96M	24.75M	28.09M	35.84M	44.02M	48.21M	48.57M	32.28M	42.72M	43.37M	40.80M	42.67M	45.75M	47.96M	55.17M	61.94M	68.34M	81.03M	76.52M	121.40M	129.50M	125.71M	145.08M	145.94M	145.10M	172.00M	217.10M	296.90M	253.60M	242.50M	319.70M	314.80M	298.40M	304.60M	300.10M
Operating Margin	15.78%	16.73%	18.02%	16.87%	16.39%	15.14%	14.70%	14.59%	16.45%	17.52%	17.73%	18.29%	12.96%	16.50%	15.59%	13.98%	14.40%	14.57%	15.18%	15.80%	16.12%	16.38%	16.13%	14.75%	20.58%	19.92%	19.00%	21.05%	21.52%	21.75%	22.71%	21.74%	25.74%	20.41%	20.32%	23.78%	19.55%	17.73%	18.29%	17.62%
EBITDA	2.85M	3.15M	3.39M	4.14M	29.38M	31.03M	31.50M	37.44M	44.98M	55.20M	60.39M	61.88M	44.49M	55.40M	54.43M	54.23M	55.36M	60.02M	62.83M	70.95M	78.48M	86.71M	101.00M	98.11M	145.50M	154.97M	153.51M	167.15M	168.54M	168.10M	206.00M	257.80M	356.30M	316.70M	324.30M	392.00M	402.10M	390.60M	378.30M	399.40M
EBITDA Margin	3.00%	3.11%	3.10%	3.18%	19.82%	19.60%	18.71%	19.45%	20.64%	21.97%	22.20%	23.30%	17.87%	21.39%	19.57%	18.57%	18.68%	19.11%	19.88%	20.32%	20.42%	20.78%	20.11%	18.91%	24.67%	23.84%	23.20%	24.25%	24.85%	25.19%	27.20%	25.81%	30.89%	25.49%	27.17%	29.16%	24.97%	23.21%	22.72%	23.45%
Net Income	8.86M	10.05M	11.65M	13.01M	13.00M	13.25M	12.72M	16.38M	21.67M	26.40M	29.90M	30.34M	19.22M	28.11M	26.37M	26.04M	26.13M	28.64M	32.31M	38.04M	43.92M	49.10M	59.55M	52.96M	86.45M	93.05M	90.04M	102.10M	100.33M	96.56M	121.10M	157.60M	223.10M	166.60M	173.60M	234.60M	224.70M	183.60M	191.20M	163.40M
Net Income Margin	9.34%	9.93%	10.66%	9.99%	8.77%	8.37%	7.55%	8.51%	9.95%	10.50%	10.99%	11.42%	7.72%	10.86%	9.48%	8.92%	8.82%	9.12%	10.23%	10.90%	11.43%	11.77%	11.85%	10.21%	14.66%	14.32%	13.61%	14.81%	14.79%	14.47%	15.99%	15.78%	19.34%	13.41%	14.55%	17.45%	13.95%	10.91%	11.48%	9.60%
R&D	-	-	1.65M	2.08M	2.84M	3.02M	3.15M	3.36M	3.62M	3.97M	4.72M	4.42M	4.10M	4.58M	4.57M	4.60M	4.41M	4.88M	4.37M	4.29M	4.83M	4.66M	4.89M	5.94M	7.11M	8.73M	11.89M	11.61M	11.88M	12.30M	13.40M	14.50M	12.00M	10.20M	10.00M	13.00M	15.80M	16.80M	13.90M	8.60M
R&D as % of Total Revenue	-	-	1.51%	1.60%	1.92%	1.91%	1.87%	1.75%	1.66%	1.58%	1.74%	1.66%	1.65%	1.77%	1.64%	1.57%	1.49%	1.55%	1.38%	1.23%	1.26%	1.12%	0.97%	1.14%	1.21%	1.34%	1.80%	1.68%	1.75%	1.84%	1.77%	1.45%	1.04%	0.82%	0.84%	0.97%	0.98%	1.00%	0.83%	0.51%
Interest Expense	251.00K	308.00K	440.00K	1.23M	2.83M	3.37M	2.34M	3.66M	3.32M	3.82M	3.84M	3.62M	3.35M	3.08M	3.41M	3.79M	1.98M	1.19M	10.92M	1.70M	1.14M	1.70M	1.48M	3.04M	1.59M	1.38M	16.86M	4.27M	5.23M	3.60M	4.00M	8.10M	11.40M	9.90M	10.10M	9.80M	16.30M	51.20M	54.80M	45.30M
Interest Expense % of Total Revenue	0.26%	0.30%	0.40%	0.94%	1.91%	2.13%	1.39%	1.90%	1.52%	1.52%	1.41%	1.36%	1.35%	1.19%	1.23%	1.30%	0.67%	0.38%	3.46%	0.49%	0.30%	0.41%	0.29%	0.59%	0.27%	0.21%	2.55%	0.62%	0.77%	0.54%	0.53%	0.81%	0.99%	0.80%	0.85%	0.73%	1.01%	3.04%	3.29%	2.66%

Balance Sheet

Currency: GBP	1986-12-31	1987-12-31	1988-12-31	1989-12-31	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: GBP	1986-12-31	1987-12-31	1988-12-31	1989-12-31	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	94.99M	94.01M	104.90M	122.67M	129.36M	133.74M	159.96M	192.39M	199.00M	231.80M	237.15M	238.93M	256.76M	249.04M	272.42M	272.55M	280.37M	293.60M	313.21M	344.58M	323.03M	365.41M	514.31M	538.86M	613.49M	643.75M	679.74M	696.70M	739.48M	691.67M	864.00M	1.48B	1.55B	1.86B	1.74B	1.86B	2.78B	2.71B	2.65B	2.66B
Total Liabilities	32.91M	31.56M	36.77M	46.84M	65.87M	62.08M	71.03M	102.49M	96.14M	109.27M	117.25M	110.16M	120.56M	120.31M	134.16M	127.43M	131.08M	129.78M	146.93M	146.34M	123.31M	122.44M	218.31M	231.50M	233.96M	243.63M	243.19M	293.17M	297.61M	293.36M	339.60M	867.00M	786.90M	1.03B	889.10M	853.20M	1.62B	1.55B	1.44B	1.44B
Total Equity	61.39M	61.84M	67.43M	73.48M	61.29M	70.02M	86.66M	84.65M	98.17M	118.57M	116.13M	126.50M	133.84M	125.76M	134.92M	141.89M	146.33M	160.65M	165.48M	197.62M	198.51M	242.15M	295.31M	306.72M	378.73M	399.33M	435.75M	402.73M	441.00M	397.46M	523.40M	608.40M	765.80M	825.30M	851.30M	1.01B	1.17B	1.16B	1.21B	1.22B
Cash	16.10M	18.73M	17.03M	19.04M	11.88M	9.09M	15.48M	33.35M	28.53M	36.17M	35.58M	42.86M	41.54M	25.21M	21.07M	20.46M	4.88M	4.98M	48.76M	56.93M	22.09M	38.84M	54.14M	62.19M	74.48M	60.17M	99.83M	84.42M	117.98M	99.83M	119.20M	152.10M	187.10M	330.60M	246.20M	274.60M	328.90M	359.70M	334.20M	369.00M
Total Debt	10.20M	8.84M	9.79M	14.16M	30.28M	27.17M	33.62M	51.84M	37.38M	41.35M	50.98M	47.61M	58.92M	61.11M	68.06M	62.02M	60.18M	58.52M	47.46M	37.88M	28.64M	23.01M	36.75M	54.16M	40.09M	47.90M	48.16M	100.92M	89.92M	95.01M	91.80M	525.70M	422.90M	664.70M	509.10M	465.20M	1.08B	1.12B	1.03B	1.02B
Net Debt	-5.90M	-9.89M	-7.24M	-4.88M	18.39M	18.08M	18.14M	18.48M	8.85M	5.18M	15.41M	4.75M	17.38M	35.90M	46.99M	41.57M	55.30M	53.55M	-1.30M	-19.05M	6.55M	-15.83M	-17.39M	-8.03M	-34.39M	-12.27M	-51.68M	16.50M	-28.06M	-4.82M	-27.40M	373.60M	235.80M	334.10M	262.90M	190.60M	755.60M	763.40M	691.30M	654.90M

Cash Flow

Currency: GBP	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: GBP	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	10.11M	11.91M	15.93M	18.51M	17.90M	20.31M	21.79M	15.84M	16.63M	15.42M	20.88M	30.59M	21.15M	44.30M	41.72M	29.41M	54.67M	64.25M	71.68M	81.49M	73.84M	107.54M	117.21M	113.66M	130.30M	157.90M	159.40M	212.60M	227.40M	259.20M	273.40M	241.10M	298.60M	312.80M	259.60M
Investing Cash Flow	-11.08M	-9.46M	-8.63M	-10.09M	-22.18M	-33.26M	-25.13M	-21.46M	-3.13M	-12.78M	-15.50M	-27.26M	-17.92M	-13.64M	-16.71M	-22.93M	-16.23M	-38.13M	-59.72M	-33.62M	-44.27M	-31.47M	-62.26M	-29.23M	-14.70M	-96.40M	-375.90M	18.40M	-175.40M	-51.10M	-58.70M	-571.00M	-95.70M	-65.30M	-75.30M
Financing Cash Flow	658.00K	1.17M	3.67M	-2.63M	5.02M	15.41M	-3.23M	-1.06M	-17.98M	-3.11M	-4.16M	-3.35M	-7.03M	-15.87M	-16.33M	-40.73M	-20.23M	-17.73M	-3.25M	-38.79M	-44.54M	-30.98M	-68.77M	-52.92M	-134.30M	-52.60M	242.40M	-191.40M	-57.50M	-152.50M	-213.30M	346.70M	-219.20M	-215.00M	-178.00M
Capital Expenditure	10.91M	12.69M	8.95M	10.55M	14.79M	19.44M	14.52M	17.30M	15.75M	16.15M	18.58M	11.68M	12.57M	14.39M	13.90M	20.60M	17.12M	27.42M	36.55M	36.29M	48.95M	32.41M	20.45M	27.03M	26.00M	28.10M	29.70M	33.50M	62.40M	49.60M	64.10M	117.50M	105.40M	74.30M	47.80M
Free Cash Flow	-795.00K	-784.00K	6.98M	7.97M	3.12M	864.00K	7.27M	-1.46M	878.00K	-733.00K	2.29M	18.90M	8.58M	29.91M	27.82M	8.81M	37.54M	36.83M	35.13M	45.20M	24.88M	75.13M	96.76M	86.63M	104.30M	129.80M	129.70M	179.10M	165.00M	209.60M	209.30M	123.60M	193.20M	238.50M	211.80M
Dividends Paid	-	-	-	-	-	-	-	-	-	-	-	13.93M	14.52M	15.32M	16.80M	18.84M	20.83M	24.25M	25.76M	29.77M	54.17M	39.34M	120.96M	45.91M	140.48M	52.10M	58.40M	67.30M	76.30M	82.50M	91.00M	103.60M	114.50M	119.30M	122.80M
FCF to OCF	-7.86%	-6.58%	43.84%	43.03%	17.41%	4.25%	33.37%	-9.19%	5.28%	-4.75%	10.98%	61.80%	40.55%	67.51%	66.68%	29.94%	68.68%	57.32%	49.00%	55.46%	33.70%	69.86%	82.55%	76.22%	80.05%	82.20%	81.37%	84.24%	72.56%	80.86%	76.55%	51.27%	64.70%	76.25%	81.59%
Dividend Paid to FCF	-	-	-	-	-	-	-	-	-	-	-	73.70%	169.27%	51.23%	60.38%	213.98%	55.48%	65.85%	73.35%	65.86%	217.69%	52.37%	125.01%	52.99%	134.69%	40.14%	45.03%	37.58%	46.24%	39.36%	43.48%	83.82%	59.27%	50.02%	57.98%

Earnings

Report Date	Mar 6, 2014	Aug 7, 2014	Mar 5, 2015	Aug 5, 2015	Mar 3, 2016	Aug 9, 2016	Mar 9, 2017	Aug 9, 2017	Mar 15, 2018	Aug 8, 2018	Mar 7, 2019	Aug 7, 2019	Mar 5, 2020	Aug 12, 2020	Mar 10, 2021	Aug 11, 2021	Mar 10, 2022	Aug 11, 2022	Mar 9, 2023	Apr 8, 2025	Aug 12, 2025	Mar 9, 2027
EPS Estimate	0.00	64.30	85.30	65.21	79.45	65.50	102.20	93.28	57.69	113.61	138.14	127.36	130.95	94.57	131.36	145.81	166.60	175.46	164.08	1.51	1.44	-
EPS Actual	0.61	0.61	0.60	0.82	0.73	0.73	0.98	0.95	1.25	1.19	1.97	1.02	1.23	1.04	1.31	1.47	1.70	1.32	1.73	1.35	1.37	-
Surprise	-	-99.05%	-99.30%	-98.74%	-99.08%	-98.89%	-99.04%	-98.98%	-97.83%	-98.95%	-98.57%	-99.20%	-99.06%	-98.90%	-99.00%	-98.99%	-98.98%	-99.25%	-98.95%	-10.60%	-4.86%	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Pre-market	Pre-market	Pre-market	-	After-hours	Pre-market

Key Statistics & Ratios

Market Cap5.48B

Enterprise Value5.95B

Trailing P/E27.79

Forward P/E19.16

PEG Ratio1.59

Price / Sales3.14

Price / Book4.19

EPS2.67

Book Value16.95

Revenue (TTM)1.74B

Gross Profit (TTM)1.31B

EBITDA386.60M

Profit Margin11.36%

Operating Margin17.78%

Return on Equity16.62%

Return on Assets7.47%

Shares Outstanding73.80M

Shares Float73.00M

Beta1.11

Dividend Yield2.34%

Dividend Rate1.70

Payout Ratio63.34%

Dividends

20262×

0.50Oct 15, 20261.21Apr 23, 2026

20252×

0.49Oct 16, 20251.18Apr 24, 2025

20242×

0.47Oct 17, 20241.14Apr 25, 2024

20232×

0.46Oct 12, 20231.09Apr 20, 2023

20222×

0.42Oct 13, 20220.97Apr 21, 2022

20212×

0.39Oct 14, 20210.84Apr 22, 2021

20202×

0.34Oct 8, 20200.78Apr 23, 2020

20192×

0.32Oct 10, 20190.71Apr 25, 2019

20182×

0.29Oct 11, 20180.62Apr 26, 2018

20172×

0.26Oct 12, 20170.54Apr 27, 2017

20162×

0.23Oct 13, 20160.48Apr 28, 2016

20152×

0.21Oct 8, 20151.20Jun 15, 2015

Stock Splits

Jun 15, 201527:28
Jun 3, 201326:27