Smiths reports FY2026 growth. GBP 7.5 billion values Smiths stock

Published on 10/15/2026 at 12:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Smiths stock costs EUR 31.80 on October 15, 2026. FY2026 revenue reached GBP 1.937 billion, up 2.1 percent, with a 20.6 percent margin.

Smiths strengthens its financial profile

FY2026 revenue rose to GBP 1.937 billion on September 22, 2026.
The company recommended a GBp 33.50 final dividend on September 21, 2026.
Smiths stock was trading at EUR 31.80 at 12:40 p.m. CEST at Lang & Schwarz on October 15, 2026.

Smiths, GB00B1WY2338, Illustration mit AI erstellt.

Smiths stock was trading at EUR 31.80 at Lang & Schwarz on October 15, 2026, while the company carried a GBP 7.5 billion market value. Smiths reported FY2026 revenue growth of 2.1 percent to GBP 1.937 billion on September 22, 2026.

FY2026 margin moved higher

The results show a business that expanded profitability despite uneven demand. Headline operating profit rose 2.7 percent to GBP 399 million in FY2026 from GBP 388 million in FY2025, while the headline operating margin reached 20.6 percent from 20.5 percent.

Smiths also reported 96 percent headline operating cash conversion for FY2026, compared with 97 percent in FY2025. The company said its medium-term targets remain 5-7 percent organic revenue growth and a 21-23 percent headline operating profit margin.

What changed across the portfolio

The chronology is clear. Smiths acquired DRC Heat Transfer for GBP 165 million in April 2026, reported FY2026 revenue of GBP 1.937 billion on September 22, 2026, and set a final dividend of GBp 33.50 for October 15, 2026, according to the company's results release.

The dividend is the immediate shareholder date. Smiths set October 16, 2026 as the final dividend record date and November 18, 2026 for its first-quarter trading update and annual general meeting, according to the same Smiths release.

Stock valuation and trading context

The company entered FY2027 with a stronger balance sheet after reporting GBP 1,747 million of net cash at July 31, 2026, versus GBP 462 million of net debt a year earlier. That change gives the portfolio reshaping a measurable financial consequence, although the operating picture remains mixed between John Crane and Flex-Tek.

Smiths stock was trading at EUR 31.80 at Lang & Schwarz on October 15, 2026 at 12:40 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Smiths stock.