ATMU News

Stocks

Headlines

Atmus Filtration Technologies Reports Q4 2024 Earnings Results

Atmus Filtration Technologies shows positive growth despite market challenges. The company reported a 1.8% increase in Q4 sales year-over-year, driven by strategic initiatives and efficient operations.

Date: 
AI Rating:   7

Earnings Per Share (EPS): The adjusted EPS for the fourth quarter of 2024 was $0.58, a sizable increase from $0.49 in the same period last year. For the full year, adjusted EPS rose to $2.50 from $2.31 in 2023. This consistent growth in EPS indicates effective management and profitability improvements.

Revenue Growth: The company reported a sales increase of 1.8% in the fourth quarter, totaling $407 million, as well as a full-year sales growth of 2.5%, reaching $1.67 billion, despite facing soft end-market conditions. This shows the company's resilience in a challenging market environment.

Net Income: The specific net income figures were not provided in the report, but the positive operational performance, coupled with adjusted EPS growth, suggests maintained profitability amidst restructuring actions.

Profit Margins: The adjusted EBITDA margin improved to 19.1% in Q4 2024 from 17.9% in Q4 2023, reflecting significant advancements in operational efficiency and cost management.

Free Cash Flow (FCF): The adjusted free cash flow for Q4 was reported at $28 million. However, it saw a decline from $30 million in the prior year due to one-time separation-related costs, underscoring ongoing investment in the company's strategic positioning.

Return on Equity (ROE): While exact ROE figures were not disclosed, the positive adjustments in EPS and overall earnings suggest healthy returns for shareholders, particularly as the company continues its capital return initiatives.