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HI (Hillenbrand) Gross Property, Plant and Equipment : $730 Mil (As of Dec. 2024)


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What is Hillenbrand Gross Property, Plant and Equipment?

Hillenbrand's quarterly gross PPE increased from Jun. 2024 ($704 Mil) to Sep. 2024 ($751 Mil) but then declined from Sep. 2024 ($751 Mil) to Dec. 2024 ($730 Mil).

Hillenbrand's annual gross PPE increased from Sep. 2022 ($517 Mil) to Sep. 2023 ($659 Mil) and increased from Sep. 2023 ($659 Mil) to Sep. 2024 ($751 Mil).


Hillenbrand Gross Property, Plant and Equipment Historical Data

The historical data trend for Hillenbrand's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hillenbrand Gross Property, Plant and Equipment Chart

Hillenbrand Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 810.70 814.80 517.40 658.70 750.90

Hillenbrand Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 696.40 697.40 703.60 750.90 730.20

Hillenbrand Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Hillenbrand  (NYSE:HI) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Hillenbrand Gross Property, Plant and Equipment Related Terms

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Hillenbrand Business Description

Industry
Traded in Other Exchanges
Address
One Batesville Boulevard, Batesville, IN, USA, 47006
Hillenbrand Inc is a industrial company that provides engineered processing equipment and solutions to customers around the world. The company operates through two segments. The Advanced Process Solutions segment designs, develops, manufactures, and services engineered industrial equipment and also provider of engineered process and material handling equipment, systems, and aftermarket parts and services for a variety of industries, including durable plastics, food, and recycling. Molding Technology Solutions has a comprehensive product portfolio that includes injection molding and extrusion equipment, It earns it revenue from Advanced Process Solutions, and Geographically from America, following by Asia and EMEA.
Executives
Aneesha Arora officer: Senior VP and Chief HR Officer ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Robert M Vanhimbergen officer: Sr VP, Chief Financial Officer ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Kimberly K Ryan officer: Senior Vice President ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Nicholas R Farrell officer: See Remarks ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
J Michael Whitted officer: Sr. VP Strategy & Corp Dev ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Leo Kulmaczewski officer: See Remarks C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Jennifer Rumsey director 500 JACKSON STREET, COLUMBUS IN 47201
Daniel C. Hillenbrand director ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Helen W Cornell director 1800 GARDNER EXPRESSWAY, QUINCY IL 62305
Tamara Morytko officer: Sr. VP and President MTS 1250 NE LOOP 410, SUITE 1000, SAN ANTONIO TX 78209
Carole Anne Phillips officer: See Remarks 6365 BIRDIE CIRCLE, GRAYLING MI 49738
Ling An-heid officer: Senior Vice President ONE BATESVILLE BLVD., BATESVILLE IN 47006
Megan A Walke officer: VP, CAO ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Ulrich Bartel officer: Senior Vice President HILLENBRAND, INC., 1 BATESVILLE BOULEVARD, BATESVILLE IN 47006
Christopher H Trainor officer: Sr. Vice President ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006