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.
Q4 revenue increased by 10% to $838 million, but organic revenue decreased by 1%.
GAAP EPS decreased to $0.17, while adjusted EPS decreased to $1.01.
Operating cash flow was strong at $167 million, up $93 million compared to the prior year.
Net leverage decreased sequentially to 3.3x.
Hillenbrand anticipates a mid-single-digit revenue decrease for fiscal year 2025 due to lower starting backlog and expected order trajectory, primarily in the APS segment. The company prioritizes debt reduction but expects the timeframe for achieving net leverage goals to extend beyond fiscal 2025.
Visualization of income flow from segment revenue to net income