Hillenbrand Earnings Reports

Hillenbrand's fiscal third quarter 2025 saw a significant 24% decrease in revenue to $599 million and a 40% drop in adjusted EPS to $0.51, largely impacted by the divestiture of the MIME business and reduced capital equipment volume. Despite these challenges, the company made progress on strategic initiatives, including debt reduction through asset sales and achieving cost synergies from recent acquisitions, demonstrating resilience amidst macroeconomic uncertainties.

Hillenbrand reported a decrease in revenue and GAAP EPS for the second quarter of fiscal year 2025 compared to the prior year, primarily due to lower volume in the Advanced Process Solutions segment and a loss on the sale of a majority stake in the Milacron injection molding and extrusion business. Adjusted EPS also decreased.

Hillenbrand's fiscal first quarter 2025 results were in line with expectations, with revenue decreasing 9% year-over-year to $707 million and adjusted EPS decreasing 19% to $0.56. The company announced the sale of a majority stake in its Milacron injection molding and extrusion business for $287 million, with net proceeds of approximately $250 million to be used for debt paydown. This transaction is part of Hillenbrand's portfolio transformation towards less cyclical, higher-growth opportunities.

Hillenbrand reported a 10% increase in Q4 revenue to $838 million, driven by the FPM acquisition, though organic revenue decreased by 1%. GAAP EPS decreased to $0.17 from $0.24, while adjusted EPS decreased to $1.01. The company generated strong operating cash flow of $167 million and reduced net leverage to 3.3x.

Hillenbrand's revenue increased by 10% to $787 million, primarily due to the FPM acquisition, though organic revenue decreased by 8%. GAAP EPS decreased significantly due to non-cash impairment charges, while adjusted EPS also decreased. The company is focused on cost management and synergy realization amidst a challenging macro environment, updating its full-year adjusted EPS guidance to $3.20 - $3.30 and Q4 adjusted EPS to $0.90 - $1.00.

Hillenbrand's Q2 2024 revenue increased by 14% to $785 million, driven by the FPM acquisition, while organic revenue decreased by 5%. GAAP EPS decreased to $0.09, but adjusted EPS increased to $0.76. The company is updating its FY24 adjusted EPS outlook to $3.30 - $3.50 and implementing cost-saving initiatives.

Hillenbrand's first quarter results showed an 18% increase in revenue to $773 million, driven by acquisitions, though organic revenue decreased by 7%. GAAP EPS decreased to $0.25, while adjusted EPS decreased slightly to $0.69. The company is implementing cost savings measures in its Molding Technology Solutions segment due to sustained demand softness.

Hillenbrand's Q4 2023 results showed a significant increase in revenue and adjusted EPS, primarily due to recent acquisitions, particularly Schenck FPM. However, organic revenue experienced a slight decrease. The company is focused on managing economic uncertainties and integrating acquisitions for future growth.

Hillenbrand's Q3 2023 results showed revenue growth driven by acquisitions and organic growth in the Advanced Process Solutions segment. The company is managing customer delays in the Molding Technology Solutions segment and focusing on executing its backlog and driving operating efficiencies. They also entered into an agreement to acquire the Schenck Food and Performance Materials business.

Hillenbrand reported a 22% increase in revenue to $691 million, with organic revenue growth of 9%. Adjusted EPS increased by 14% to $0.74. The company exited the quarter with a record backlog of $1.97 billion, up 16% year-over-year.

Hillenbrand's fiscal first quarter 2023 showed a 16% increase in revenue from continuing operations to $656 million, with a 4% organic increase. GAAP EPS from continuing operations increased 21% to $0.35, while adjusted EPS increased 25% to $0.70. The company updated its FY23 adjusted EPS guidance to $3.25 - $3.55.

Hillenbrand reported a slight decrease in revenue compared to the prior year, but an increase on a pro forma basis. GAAP EPS increased by 9%, and adjusted EPS increased by 5%. The company's record backlog was driven by strong order intake in Advanced Process Solutions.

Hillenbrand's fiscal third quarter 2022 saw a revenue increase of 4% to $721 million, driven by pricing and volume growth in Molding Technology Solutions and Advanced Process Solutions. GAAP EPS rose by 28% to $0.68, and adjusted EPS increased by 8% to $0.92, benefiting from higher volume in Molding Technology Solutions and fewer shares outstanding. The company reaffirms midpoint of full year adj. EPS, narrowing range to $3.85 - $3.95.

Hillenbrand's fiscal second quarter 2022 results showed a 3% increase in revenue to $742 million and a 3% increase in adjusted EPS to $1.01. The company's total backlog increased by 14% to $1.7 billion. They reaffirmed full year adjusted EPS guidance of $3.80 to $4.00 and fiscal Q3 adjusted EPS of $0.83 to $0.90.

Hillenbrand reported a solid start to fiscal year 2022, with revenue increasing by 5% to $728 million. Demand for industrial products and solutions remained healthy, and the company focused on mitigating the impact of inflation and supply chain disruptions.

Hillenbrand reported a strong Q4 2021 with revenue increasing by 9% to $755 million and adjusted EPS increasing by 9% to $1.00. The company's total backlog increased by 43% to $1.72 billion. Hillenbrand is well positioned for growth in fiscal 2022 and beyond.

Hillenbrand's Q3 2021 results showed a 14% increase in revenue to $695 million, driven by growth in Molding Technology Solutions. GAAP EPS increased by 66% to $0.53, and adjusted EPS rose by 5% to $0.85. The company's total backlog reached a record $1.77 billion, a 57% increase year over year. Cash flow from operations increased to $184 million, and net leverage decreased to 1.4x.

Hillenbrand's Q2 2021 results showed an 11% increase in revenue to $722 million, driven by Molding Technology Solutions and COVID-19 related demand at Batesville. GAAP EPS was $1.03, and adjusted EPS increased 40% to $0.98. The company's backlog increased 30% year over year to a record $1.52 billion.

Hillenbrand's first-quarter revenue increased by 22% year-over-year to $693 million, driven by strong COVID-19 related demand at Batesville and the inclusion of 50 additional days of Milacron revenue. GAAP EPS was $1.01, an increase of $1.06, and adjusted EPS was $0.96, a 28% increase. The company's record backlog increased 32% year-over-year to $1.36 billion.

Hillenbrand reported a 36% increase in revenue to $608 million, driven by the acquisition of Milacron. GAAP EPS decreased by 33% to $0.32, while adjusted EPS increased by 25% to $0.81. The company is increasing its Milacron cost synergy target and exiting the TerraSource and Flow Control businesses.

Hillenbrand's Q2 2020 results showed a revenue increase of 40% to $649 million due to the Milacron acquisition, although organic revenue decreased by 3%. GAAP EPS was ($0.99), while adjusted EPS was $0.53. The company's order backlog increased by 22% to $1.17 billion. They also completed the divestiture of Cimcool during the quarter.

Hillenbrand reported a 38% increase in revenue to $567 million, driven by the acquisition of Milacron. GAAP EPS decreased to ($0.05), while adjusted EPS increased to $0.63. The company updated its fiscal 2020 adjusted EPS guidance to $2.30 - $2.55 to incorporate the Milacron acquisition.