Trimble Announces Fourth Quarter and Full Year 2023 Results and Initiates 2024 Guidance

 

REPORTING SEGMENTS

(In millions)

(Unaudited)



Reporting Segments



Buildings and
Infrastructure


Geospatial


Resources
and Utilities


Transportation

FOURTH QUARTER OF 2023:









Segment revenue


$              388.5


$              169.5


$              179.6


$              194.8










Segment operating income


$              108.2


$                46.8


$                61.0


$                40.2










Segment operating income as a % of segment revenue


27.9 %


27.6 %


34.0 %


20.6 %










FOURTH QUARTER OF 2022:









Segment revenue


$              350.2


$              171.1


$              185.2


$              150.0










Segment operating income


$                87.5


$                44.2


$                66.0


$                21.8










Segment operating income as a % of segment revenue


25.0 %


25.8 %


35.6 %


14.5 %

 



Reporting Segments



Buildings and
Infrastructure


Geospatial


Resources and
Utilities


Transportation

YEAR 2023:









Segment revenue


$           1,593.1


$              695.5


$              769.1


$              741.0










Segment operating income


$              440.8


$              209.1


$              270.6


$              130.2










Segment operating income as a % of segment revenue


27.7 %


30.1 %


35.2 %


17.6 %










YEAR 2022:









Segment revenue


$           1,494.0


$              756.5


$              821.6


$              604.2










Segment operating income


$              406.3


$              221.4


$              278.3


$                58.8










Segment operating income as a % of segment revenue


27.2 %


29.3 %


33.9 %


9.7 %


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