Record Q3 Performance
Adjusted diluted EPS of $1.24, up 63% year over year, driven by higher adjusted operating profit. Organic sales grew 28% with the Americas up 43% and APAC up 21%. Adjusted operating profit reached $596 million, up 43% year on year.
Strong Order Momentum
Trailing twelve-month organic orders growth of about 21% with Q3 orders up 60% year over year and 20% sequentially. The book-to-bill ratio was 1.4 times, showcasing competitive advantages.
Raised Full-Year Guidance
Full-year guidance raised for adjusted EPS, net sales, adjusted operating profit, and adjusted free cash flow. Adjusted operating profit expected to be $2.602 billion, up 33% from last year.
Robust Free Cash Flow
Generated $462 million of adjusted free cash flow, up 38% from last year, translating into approximately 95% free cash flow conversion.
Strategic Capacity Investments
Accelerating investments in supply chain and services capabilities, particularly in the Americas, to meet growing demand.
Technology and R&D Expansion
Engineering and R&D spending will grow 20% plus in 2026 to maintain technology leadership and expand capabilities.