What does industrial systems — loss on sale of businesses mean?

The financial loss incurred from selling off parts of the Industrial Systems business segment.

How do you interpret industrial systems — loss on sale of businesses?

Frequent losses may signal poor historical capital allocation or strategic missteps in portfolio management.

How does industrial systems — loss on sale of businesses compare across companies?

Reported as a non-operating or special item in segment disclosures for companies undergoing portfolio restructuring.

Regal Rexnord RRX Industrial Systems — Loss on Sale of Businesses

Discontinued — last reported Q2 '24

Similar metrics at other companies

MOG.BIndustrial Systems — Gain (Loss) on Sale of Business

-$15.25M-893%

MOG.BIndustrial Systems — Gain (Loss) on Divestiture

-$1.54M—

CNHIndustrial Activities — Loss from sale of business, held for sale

$17M+6.3%

FTVIntelligent Operating Solutions — Loss from divestiture

$0—

FLSIndustrial Product Division — Gain Loss On Sale Of Business

$7.7M—

APTVIntelligent Systems — Loss on sale of assets

-$5M—

Other financials

Income statement

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Revenue$1.5B+4.3%

Gross profit$549.9M+4.2%

Operating income$152.7M-4.4%

Net income$64.3M+12.2%

EPS (diluted)$0.96+11.6%

Balance sheet

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Cash & equivalents$401.0M+31.3%

Total debt$5.0B-9.9%

Total equity$6.8B+6.0%

Total assets$13.8B-1.8%

Cash flow

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Operating cash flow$14.9M-85.4%

CapEx$17.4M+3.6%

Free cash flow-$2.5M-103%

Valuation

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Market cap$15.1B+65.1%

Enterprise value$19.67B+33.4%

P/E52.7×+13.5×

P/S2.5×+1.0×

Profitability

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Gross margin37.4%+0.7pp

Operating margin11.2%+0.1pp

Net margin4.8%+0.8pp

FCF margin13.4%+4.6pp

Returns & leverage

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Return on equity4.3%+0.6pp

Debt / equity0.7×-0.1×

Current ratio2.2×-0.1×

Where this comes from

Reported directly by Regal Rexnord in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnSaleOfBusiness.

The official record: Regal Rexnord’s 10-Q, filed August 1, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Regal Rexnord's industrial systems — loss on sale of businesses?: Regal Rexnord (RRX) reported industrial systems — loss on sale of businesses of $17.2M in Q2 2024.
What does industrial systems — loss on sale of businesses mean?: The financial loss incurred from selling off parts of the Industrial Systems business segment.
How do you interpret industrial systems — loss on sale of businesses?: Frequent losses may signal poor historical capital allocation or strategic missteps in portfolio management.
How does industrial systems — loss on sale of businesses compare across companies?: Reported as a non-operating or special item in segment disclosures for companies undergoing portfolio restructuring.