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Assets by Segment
Breaks down the company’s asset base across divisions—inventory, plant and equipment, and receivables—to show capital intensity and working capital needs. Segments with large asset requirements can drag on returns and are more vulnerable to demand shocks or inventory write-downs, while lighter-asset businesses typically convert sales to cash more efficiently.Asset growth is concentrated in Americas Welding and Harris while International assets are largely flat and corporate eliminations have grown more negative — consistent with management’s deliberate inventory build to support product transitions and strong Americas order/backlog momentum that drove record Q1 sales but squeezed cash flow. Harris’s outsized asset rise reflects price-led strength plus capacity/investment activity. The path to improved cash conversion depends on the planned H2 inventory drawdown and pricing actions delivering the promised price/cost neutrality; failure to execute would keep working‑capital drag and margin risk elevated.
Date | Corporate & Eliminations | Americas Welding | International Welding | The Harris Products Group |
|---|---|---|---|---|
Jun 30, 2026 | -$364.97M | $2.54B | $1.17B | $475.65M |
Mar 31, 2026 | -$352.15M | $2.52B | $1.23B | $494.69M |
Dec 31, 2025 | -$362.18M | $2.46B | $1.24B | $431.26M |
Sep 30, 2025 | -$318.29M | $2.45B | $1.24B | $438.66M |
Jun 30, 2025 | -$323.98M | $2.47B | $1.16B | $422.56M |
Mar 31, 2025 | -$302.57M | $2.45B | $1.09B | $388.80M |