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Weir Group plc (The)
(LSE:WEIR)
Weir Group plc (The) (WEIR) vs. S&P 500 (SPY)
Weir Group plc (The) Business Overview & Revenue Model
Weir Group plc (The) Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 2.54B | 2.64B | 2.47B | 1.93B | 1.96B | 2.05B | Gross Profit |
| 975.90M | 994.90M | 909.70M | 692.10M | 687.10M | 727.30M | EBIT |
| 418.50M | 368.40M | 360.30M | 249.80M | 265.10M | 265.70M | EBITDA |
| 506.50M | 489.50M | 420.70M | 362.80M | 334.50M | 346.80M | Net Income Common Stockholders |
| 218.80M | 227.90M | 213.40M | 153.30M | -154.70M | -358.20M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 263.00M | 707.20M | 691.20M | 564.40M | 351.70M | 273.80M | Total Assets |
| 4.74B | 3.89B | 4.06B | 3.50B | 3.54B | 3.85B | Total Debt |
| 1.40B | 1.40B | 1.49B | 1.34B | 1.36B | 1.43B | Net Debt |
| 1.16B | 690.10M | 797.20M | 772.50M | 1.01B | 1.16B | Total Liabilities |
| 2.60B | 2.19B | 2.32B | 2.04B | 2.24B | 2.34B | Stockholders Equity |
| 2.14B | 1.69B | 1.73B | 1.44B | 1.30B | 1.51B |
| Cash Flow | Free Cash Flow | ||||
| 319.00M | 307.60M | 215.50M | 61.00M | 152.30M | 105.80M | Operating Cash Flow |
| 394.80M | 394.30M | 278.20M | 113.80M | 224.00M | 222.40M | Investing Cash Flow |
| -74.60M | -70.60M | -75.60M | 191.90M | -69.00M | 140.30M | Financing Cash Flow |
| -336.90M | -322.50M | -253.90M | -171.70M | -37.80M | -347.30M |
Weir Group plc (The) Technical Analysis
Weir Group plc (The) Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | £6.52B | 21.69 | 13.99% | 2.27% | 6.10% | 33.05% | |
74 Outperform | £3.65B | 18.91 | 44.03% | 0.72% | 3.34% | 481.76% | |
74 Outperform | £1.56B | 11.80 | 21.67% | 3.60% | 10.41% | 11.04% | |
74 Outperform | £4.81B | 19.74 | 23.50% | 1.54% | 0.64% | 4.92% | |
69 Neutral | £5.98B | 19.16 | 17.83% | 1.67% | -4.95% | 36.95% | |
67 Neutral | £2.66B | 15.64 | 12.54% | 3.91% | -1.15% | -28.00% | |
62 Neutral | $8.08B | 13.63 | 3.82% | 3.13% | 3.58% | -14.35% |
Weir Group plc (The) Corporate Events
The Weir Group PLC announced that Rosemary McGinness, its Chief People Officer, sold 11,000 ordinary shares on 31 March 2025. This transaction, conducted on the London Stock Exchange, is part of a regulatory notification under the UK Market Abuse Regulation. Such transactions can impact stakeholder perceptions and reflect managerial confidence in the company’s stock performance.
The Weir Group PLC announced the vesting of restricted share awards granted to its Chief Financial Officer, Brian Puffer, under the company’s Share Reward Plan. These shares, awarded to compensate for incentives forfeited upon his departure from bp plc, were vested and released on March 31, 2025, with a portion sold to cover tax liabilities. This transaction reflects the company’s ongoing commitment to aligning executive compensation with shareholder interests, potentially impacting its financial strategies and stakeholder relations.
The Weir Group PLC has released its 2024 Annual Report and announced the 2025 Annual General Meeting. These documents, including the new Articles of Association and various share plans, have been made available to shareholders and submitted to the National Storage Mechanism. The AGM is scheduled for April 24, 2025, at the company’s registered office in Glasgow.
Principal Global Investors, LLC, an investment adviser registered in the United States, has acquired a 5.14% voting stake in Weir Group PLC, amounting to 13,343,555 ordinary shares. This acquisition signifies a notable investment in the company, potentially impacting its market dynamics and stakeholder interests by increasing the influence of a major US-based investment entity in its shareholder structure.
The Weir Group PLC announced the vesting of restricted share awards for its Chief Financial Officer, Brian Puffer, as part of the company’s Share Reward Plan. These shares, initially granted to compensate Puffer for forfeited awards from his previous employer, bp plc, were vested and released on February 28, 2025. A portion of these shares was sold to cover tax liabilities, reflecting the company’s adherence to regulatory requirements and its commitment to transparent financial practices.
The Weir Group PLC, a prominent player in the engineering sector, has announced its acquisition of Micromine. This strategic move is expected to enhance Weir Group’s capabilities in the mining technology space, potentially strengthening its market position. The announcement was released by Jennifer Haddouk, the Company Secretary, and contained inside information.
Weir Group PLC has announced its acquisition of Micromine, a prominent mining software solutions provider, for £657 million. This strategic move aims to create a digital optimization platform that enhances productivity and sustainability in mining operations. The acquisition is expected to accelerate Weir’s growth, being immediately accretive to its revenue and margins, and will leverage Weir’s global distribution channels to expand Micromine’s reach. This acquisition aligns with Weir’s strategy to lead in digital mining solutions, integrating Micromine’s offerings with its existing technologies to optimize the mining value chain.
Weir Group PLC reported strong financial results for 2024, driven by accelerated demand and robust execution in the mining sector. The company achieved significant growth in operating margins and cash conversion, with a positive outlook for 2025 and beyond, as it continues to enhance its Performance Excellence programme and expand its project pipeline.