NYSE$HI

Hillenbrand Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Hillenbrand's revenue increased by 9% and adjusted EPS increased by 9% compared to the prior year.

Hillenbrand reported a strong Q4 2021 with revenue increasing by 9% to $755 million and adjusted EPS increasing by 9% to $1.00. The company's total backlog increased by 43% to $1.72 billion. Hillenbrand is well positioned for growth in fiscal 2022 and beyond.

  • Revenue increased 9% compared to the prior year, or 12% on a pro forma basis.
  • GAAP EPS was $0.74 compared to a loss of $0.09 in the prior year; adjusted EPS was $1.00, an increase of 9%.
  • Total backlog increased 43% compared to the prior year on a pro forma basis.
  • The company completed portfolio simplification through announced divestitures of Red Valve and ABEL during fiscal year 2021 and TerraSource Global in October 2021.

Headline financials

Total Revenue

$755M

Previous: $694M+8.8%
EPS (adj)

$1.00

Previous: $0.92+8.7%
APS Order Backlog

$1.3B

Previous: $988M+31.6%
MTS Order Backlog

$366M

Previous: $243M+50.9%
Net Income

$55M

Previous: -$7.1M+874.6%
Operating Income

$69.5M

No prior period
Gross Profit

$241M

Previous: $241M+0.3%
Cash & Equivalents

$446M

Previous: $302M+47.6%
Total Assets

$4.01B

Previous: $3.99B+0.7%
Stock-Based Comp

$5M

Previous: $4.6M+8.7%

Revenue & EPS history

Hillenbrand · Revenue · Quarterly

$755M

Q4 2021+8.8%vs Q4 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Hillenbrand · $600M total across 2 segments · Q4 2021

  • Advanced Process Solutions
    $340M+3.2%
  • Molding Technology Solutions
    $260M+19.7%

Forward guidance

For fiscal year 2022, Hillenbrand is reinstating its practice of providing annual guidance. Revenue and EBITDA margin guidance is on a pro forma basis, excluding the divested Red Valve and ABEL businesses from the prior year, as well as the divested TerraSource Global business from the prior year and the period of October 1, 2021 through October 22, 2021.

Headwinds

  • We expect supply chain disruptions, elevated transportation costs, and labor market shortages to persist through the majority of the fiscal year.
  • We expect commodity costs to remain elevated through at least the first half of the fiscal year.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 8 quarterly earnings reports

Historical avg

-0.6%

Avg return

Earnings day

-0.9%

Avg return

5 days after

-3.7%

Avg return

30 days after

45%

29 / 64 earnings

Positive

+18.5%

Q3 2025

Best reaction

-16.3%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026
Q4 2025+0.0%+0.3%+0.1%
Q3 2025+18.5%+26.8%+29.6%
Q2 2025-10.6%-9.5%-13.8%
Q1 2025-7.3%+1.1%-18.7%
Q4 2024+9.8%+5.3%+4.9%
Q3 2024-6.9%-14.0%-25.7%
Q2 2024-16.3%-14.5%-7.4%
Q1 2024-6.6%-2.6%+1.1%
Q4 2023-3.6%
Q3 2023-6.3%
Q2 2023-4.5%
Q1 2023-6.1%
Q4 2022+6.0%
Q3 2022-0.1%
Q2 2022-4.2%
Q1 2022+0.8%
Q4 2021+0.5%
Q3 2021+0.7%
Q2 2021-7.2%
Q1 2021+0.1%
Q4 2020+0.3%
Q3 2020+6.5%
Q2 2020+1.6%
Q1 2020-2.1%
Q4 2019-1.8%
Q3 2019-7.3%
Q2 2019-5.8%
Q1 2019+6.5%
Q4 2018-2.8%
Q3 2018+4.0%
Q2 2018-5.3%
Q1 2018+2.6%
Q4 2017+9.0%
Q3 2017+0.4%
Q2 2017+3.1%
Q1 2017-3.1%
Q4 2016+2.7%
Q3 2016-0.7%
Q2 2016-0.6%
Q1 2016-6.4%
Q4 2015-1.1%
Q3 2015+5.7%
Q2 2015+10.5%
Q1 2015-6.4%
Q4 2014+1.6%
Q3 2014+1.4%
Q2 2014-2.0%
Q1 2014+7.0%
Q4 2013+2.7%
Q3 2013-1.1%
Q2 2013-2.6%
Q1 2013-1.0%
Q4 2012+1.6%
Q3 2012+2.1%
Q2 2012+1.4%
Q1 2012+0.0%
Q4 2011+7.0%
Q3 2011-8.4%
Q2 2011-0.9%
Q1 2011-0.7%
Q4 2010-4.7%
Q3 2010-4.8%
Q3 2009-4.8%
Q2 2010+1.6%

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