Company: ATMU
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001921963-25-000134
Chunk: 97

Company: Atmus Filtration Technologies Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Item 2
Chunk 97
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9)(4.3)%GROSS MARGIN370.9 355.0 15.9 4.5 %OPERATING EXPENSES AND INCOMESelling, general and administrative expenses137.9 138.8 0.9 0.6 %Research, development and engineering expenses29.8 30.2 0.4 1.3 %Equity, royalty and interest income from investees25.1 26.7 (1.6)(6.0)%Other operating (income) expense, net(0.2)1.1 (1.3)(118.2)%OPERATING INCOME228.5 211.6 16.9 8.0 %Interest expense25.4 31.4 6.0 19.1 %Other income, net2.1 3.7 (1.6)(43.2)%INCOME BEFORE INCOME TAXES205.2 183.9 21.3 11.6 %Income tax expense45.8 38.4 (7.4)(19.3)%NET INCOME$159.4 $145.5 $13.9 9.6 %PER SHARE DATA:Basic earnings per share$1.93 $1.75 $0.18 10.3 %Diluted earnings per share$1.91 $1.74 $0.17 9.8 %

For the Nine Months Ended September 30,Favorable(Unfavorable)Percent of Net sales20252024Percentage PointsGross margin28.1%28.1%—Selling, general and administrative expenses10.5%11.0%0.5Research, development and engineering expenses2.3%2.4%0.1

Net Sales

Net sales were $1,317.7 million for the nine months ended September 30, 2025, an increase of $54.8 million compared to $1,262.9 million for the nine months ended September 30, 2024. The increase in Net sales was mainly due to higher volumes of $37.3 million and favorable pricing impacts of $29.9 million, partially offset by the unfavorable impacts of currency of $12.4 million. The favorable impact from pricing is primarily driven by normal pricing initiatives and select increases as a result of tariffs.

Gross Margin