Financial Snapshot

Revenue
$1.663B
TTM
Gross Margin
27.67%
TTM
Net Earnings
$180.3M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
211.46%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$221.2M
Q3 2024
Cash
Q3 2024
P/E
19.82
Nov 29, 2024 EST
Free Cash Flow
$72.30M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $1.628B $1.562B $1.439B $1.233B $1.281B
YoY Change 4.23% 8.57% 16.73% -3.77%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $1.628B $1.562B $1.439B $1.233B $1.281B
Cost Of Revenue $1.195B $1.203B $1.088B $923.2M $968.8M
Gross Profit $432.7M $358.9M $350.5M $309.4M $312.1M
Gross Profit Margin 26.58% 22.98% 24.36% 25.1% 24.37%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $174.7M $139.7M $126.2M $112.1M $118.6M
YoY Change 25.05% 10.7% 12.58% -5.48%
% of Gross Profit 40.37% 38.92% 36.01% 36.23% 38.0%
Research & Development $42.50M $38.60M $42.00M $39.00M $39.20M
YoY Change 10.1% -8.1% 7.69% -0.51%
% of Gross Profit 9.82% 10.76% 11.98% 12.61% 12.56%
Depreciation & Amortization $21.50M $21.60M $21.60M $21.10M $20.90M
YoY Change -0.46% 0.0% 2.37% 0.96%
% of Gross Profit 4.97% 6.02% 6.16% 6.82% 6.7%
Operating Expenses $217.2M $183.3M $168.2M $151.1M $157.8M
YoY Change 18.49% 8.98% 11.32% -4.25%
Operating Profit $248.4M $175.6M $182.3M $158.3M $154.3M
YoY Change 41.46% -3.68% 15.16% 2.59%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $25.80M $27.30M $31.60M $40.30M $26.50M
YoY Change -5.49% -13.61% -21.59% 52.08%
% of Operating Profit 10.39% 15.55% 17.33% 25.46% 17.17%
Other Income/Expense, Net $3.800M $8.800M $3.900M $2.000M $4.400M
YoY Change -56.82% 125.64% 95.0% -54.55%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income $226.4M $211.7M $217.8M $200.6M $182.5M
YoY Change 6.94% -2.8% 8.57% 9.92%
Income Tax $55.10M $41.60M $46.50M $57.80M $30.60M
% Of Pretax Income 24.34% 19.65% 21.35% 28.81% 16.77%
Net Earnings $171.3M $170.1M $171.3M $142.8M $151.9M
YoY Change 0.71% -0.7% 19.96% -5.99%
Net Earnings / Revenue 10.52% 10.89% 11.91% 11.59% 11.86%
Basic Earnings Per Share $2.06 $2.05 $2.04
Diluted Earnings Per Share $2.05 $2.04 $2.06 $1.71 $1.82

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $168.0M $0.00 $0.00 $0.00
YoY Change
Cash & Equivalents $168.0M $0.00 $0.00 $0.00
Short-Term Investments
Other Short-Term Assets $28.20M $19.30M $13.60M $24.00M
YoY Change 46.11% 41.91% -43.33%
Inventory $250.0M $251.8M $245.8M $198.2M
Prepaid Expenses
Receivables $184.5M $174.2M $161.9M $163.6M
Other Receivables $62.30M $67.00M $60.80M $53.40M
Total Short-Term Assets $693.0M $512.3M $482.1M $439.2M
YoY Change 35.27% 6.26% 9.77%
Property, Plant & Equipment $199.4M $180.8M $173.8M $161.5M
YoY Change 10.29% 4.03% 7.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $84.80M $77.00M $87.00M $85.50M
YoY Change 10.13% -11.49% 1.75%
Other Assets $23.60M $24.60M $20.70M $16.00M
YoY Change -4.07% 18.84% 29.38%
Total Long-Term Assets $395.6M $367.1M $366.2M $347.7M
YoY Change 7.76% 0.25% 5.32%
Total Assets $1.089B $879.4M $848.3M $786.9M
YoY Change
Accounts Payable $174.2M $145.9M $140.1M $122.7M
YoY Change 19.4% 4.14% 14.18%
Accrued Expenses $120.3M $96.70M $94.50M $79.40M
YoY Change 24.41% 2.33% 19.02%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.800M $400.0K $700.0K $600.0K
YoY Change 1850.0% -42.86% 16.67%
Total Short-Term Liabilities $375.0M $349.1M $319.9M $256.3M
YoY Change 7.42% 9.13% 24.81%
Long-Term Debt $593.0M $700.0K $1.400M $1.600M
YoY Change 84614.29% -50.0% -12.5%
Other Long-Term Liabilities $38.50M $80.10M $89.80M $81.40M
YoY Change -51.94% -10.8% 10.32%
Total Long-Term Liabilities $631.5M $80.80M $91.20M $83.00M
YoY Change 681.56% -11.4% 9.88%
Total Liabilities $1.008B $429.9M $411.1M $339.3M
YoY Change 134.45% 4.57% 21.16%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 83.30M shares 83.30M shares 83.30M shares
Diluted Shares Outstanding 83.40M shares 83.30M shares 83.30M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.574 Billion

About Atmus Filtration Technologies Inc.

Atmus Filtration Technologies, Inc. engages in the design, manufacture, and sale of filters, coolant, and chemical products. The company is headquartered in Nashville, Tennessee and currently employs 4,500 full-time employees. The company went IPO on 2023-05-26. The firm designs and manufactures advanced filtration products, principally under the Fleetguard brand, that enable lower emissions and provide superior asset protection. The company serves customers across truck, bus, agriculture, construction, mining, marine and power generation vehicle, and equipment markets, along with providing comprehensive aftermarket support and solutions. Its products include fuel filters, lube filters, air filters, crankcase ventilation, hydraulic filters and coolants and other chemicals. The company offers products for first fit and aftermarket applications to original equipment manufacturers, dealers/distributors, and end-users. The firm produces and sells Fleetguard branded products in over 140 countries, including countries in North America, Europe, South America, Asia, Australia, and Africa. Fleetguard branded products are available through distribution centers worldwide.

Industry: Motor Vehicle Parts & Accessories Peers: BORGWARNER INC