Company: NPO
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001164863-25-000009
Chunk: 330

Company: Enpro Inc.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 7
Chunk 330
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 Results of Operations".

24

Results of Operations

 Years Ended December 31, 202420232022 (in millions)SalesSealing Technologies$687.2 $658.4 $624.3 Advanced Surface Technologies362.2 401.2 476.1 1,049.4 1,059.6 1,100.4 Intersegment sales(0.7)(0.3)(1.2)Total sales$1,048.7 $1,059.3 $1,099.2 Income from continuing operations attributable to Enpro Inc.$72.9 $10.8 $6.7 Adjusted Segment EBITDASealing Technologies$224.1 $192.3 $157.8 Advanced Surface Technologies76.7 95.5 146.2 Total Adjusted Segment EBITDA$300.8 $287.8 $304.0 Reconciliations of Income from continuing operations attributable to Enpro Inc. to Adjusted Segment EBITDAIncome from continuing operations attributable to Enpro Inc.$72.9 $10.8 $6.7 Plus: net loss attributable to redeemable non-controlling interests— (3.9)(2.8)Income from continuing operations72.9 6.9 3.9 Income tax expense(21.5)(30.8)(24.4)Income from continuing operations before income taxes94.4 37.7 28.3 Acquisition and divestiture expenses4.3 1.1 0.5 Non-controlling interest compensation allocation— (0.3)(0.6)Amortization of the fair value adjustment to acquisition date inventory1.7 — 13.3 Restructuring and impairment costs5.8 4.0 1.9 Depreciation and amortization expense100.3 94.3 102.8 Corporate expenses46.4 51.1 48.7 Interest expense, net34.5 30.1 33.9 Goodwill impairment— 60.8 65.2 Other expense, net13.4 9.0 10.0 Adjusted Segment EBITDA$300.8 $287.8 $304.0 

We measure operating performance of our reportable segments based on segment earnings before interest,