Owen coming Full-Year Report 2023

Highlights

“These outstanding results for the fourth quarter and full year demonstrate the strength of our team, the value of our products, and the impact of our enterprise strategy to increase the earnings power of the company and create value for our customers and shareholders,” said Chair and Chief Executive Officer Brian Chambers.

Highlights

  • Reported Net Sales of $9.7 Billion, Down Slightly from Prior Year
  • Expanded 2023 Adjusted EBIT Margins to 19% and Adjusted EBITDA Margins to 24%
  • Delivered Diluted EPS of $13.14 and Adjusted Diluted EPS of $14.42
  • Generated Operating Cash Flow of $1.7 Billion and Free Cash Flow of $1.2 Billion
  • Returned $812 Million, or 68%, of Free Cash Flow to Shareholders through Dividends and Share Repurchases

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