Smiths Group/£SMIN
1D1W1MYTD1Y5YMAX
Capital at risk
About Smiths Group
Smiths Group is a British multinational company headquartered in London, United Kingdom. It operates in the engineering sector with a focus on designing, manufacturing, and delivering products and services for various industries, including energy, security, general industrial, and healthcare markets. Key segments include John Crane, providing products for energy and process industries; Smiths Detection, specializing in threat detection and protection; and Smiths Medical, offering medical devices and equipment. Established in 1851, Smiths Group has a global footprint, serving customers in over 50 countries. The company emphasizes innovation and technical expertise as part of its strategic positioning, contributing to its long-standing presence in diverse yet technologically driven markets.
- Ticker
- £SMIN
- Sector
- Industrials
- Primary listing
- LSE
- Employees
- 15,650
- Headquarters
- London, United Kingdom
- Website
- www.smiths.com
Smiths Group Metrics
BasicAdvanced
£8.3B
4.49
£6.26
0.74
£0.47
1.66%
Price and volume
Market cap
£8.3B
Beta
0.74
52-week high
£28.48
52-week low
£20.88
Average daily volume
986K
Dividend rate
£0.47
Financial strength
Current ratio
2.774
Quick ratio
2.517
Long term debt to equity
0.245
Total debt to equity
0.471
Dividend payout ratio (TTM)
7.56%
Interest coverage (TTM)
3.81%
Profitability
EBITDA (TTM)
370
Gross margin (TTM)
41.71%
Net profit margin (TTM)
101.70%
Operating margin (TTM)
15.75%
Effective tax rate (TTM)
35.92%
Revenue per employee (TTM)
£120,000
Management effectiveness
Return on assets (TTM)
4.31%
Return on equity (TTM)
6.73%
Valuation
Price to earnings (TTM)
4.488
Price to revenue (TTM)
4.546
Price to book
3.21
Price to tangible book (TTM)
4.23
Price to free cash flow (TTM)
50.607
Free cash flow yield (TTM)
1.98%
Free cash flow per share (TTM)
0.555
Dividend yield (TTM)
1.66%
Growth
Revenue change (TTM)
-33.55%
Earnings per share change (TTM)
634.17%
3-year revenue growth (CAGR)
-13.92%
10-year revenue growth (CAGR)
-4.12%
3-year earnings per share growth (CAGR)
112.69%
10-year earnings per share growth (CAGR)
25.45%
3-year dividend per share growth (CAGR)
5.25%
10-year dividend per share growth (CAGR)
1.45%
What the Analysts think about Smiths Group
Analyst ratings (Buy, Hold, Sell) for Smiths Group stock.
Analyst projections of the future price of Smiths Group stock.
Bulls say / Bears say
The portfolio overhaul has turned Smiths into a more focused industrial group and raised £3.3bn from selling Detection and Interconnect. It ended FY2026 with £1.75bn of net cash and had completed a £1.5bn buyback, giving shareholders a substantial return of capital and management more flexibility. (Smiths Group, Reuters)
Smiths exceeded expectations with FY2026 headline operating profit of £399m and lifted its margin to 20.6%. Management expects roughly 4% organic growth and a margin around 21% in FY2027, supported by a robust order book and ongoing efficiency savings. (Reuters, Smiths Group)
The remaining businesses have new exposure to potentially attractive growth areas. DRC Heat Transfer adds data-centre cooling, while energy-security spending supports John Crane; Flex-Tek’s aerospace strength also partly offset weaker construction and thermal markets in FY2026. (Smiths Group, Smiths Group)
Underlying growth is still modest relative to the long-term ambition. FY2026 organic revenue growth was only 1.2%, while FY2027 guidance of about 4% remains below Smiths’ 5% to 7% medium-term target. (Smiths Group, Reuters)
After selling Detection and Interconnect, Smiths is more dependent on John Crane and Flex-Tek, leaving it exposed to energy, industrial and construction cycles. Flex-Tek’s FY2026 organic revenue fell 0.4%, while John Crane absorbed about £20m of Middle East disruption. (Smiths Group, Smiths Group)
Smiths has only just begun a process to transfer its legacy US asbestos liability, so the outcome and timing are uncertain. Until it is completed, the liability remains an execution and potential cash-flow risk alongside the wider demands of integrating DRC and reshaping the group. (Reuters, Smiths Group)
Data summarised monthly by Lightyear AI. Last updated on 22 Sept 2026.
Smiths Group Financial Performance
Revenues and expenses
Smiths Group Earnings Performance
Company profitability
Upcoming events
Funds containing Smiths Group
AllEURGBPUSD
Fund name | Fund size | £SMIN weighting |
|---|---|---|
iShares STOXX Europe Mid 200€EXSD | €610M | 0.59% |
iShares STOXX Europe 600 Industrial Goods & Services€EXH4 | €582M | 0.47% |
iShares MSCI Europe ESG Enhanced€EMNU | €5B | 0.44% |
iShares MSCI Europe ESG Enhanced£EEUD | £4.3B | 0.44% |
iShares MSCI Europe Industrials Sector€ESIN | €1.3B | 0.43% |
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by London Stock Exchange, through Infront.