Weir Group (Weir Group) Other Income (Expense) : $-79 Mil (TTM As of Dec. 2023)

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What is Weir Group Other Income (Expense)?

Weir Group's other income expense for the Weir Group's pretax income for the six months ended in Dec. 2023 was $-52 Mil. Its other income expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-79 Mil.

Weir Group Other Income (Expense) Historical Data

The historical data trend for Weir Group's Other Income (Expense) 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.

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Weir Group Other Income (Expense) Chart

Weir Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Income (Expense)

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-43.25

-43.95

-4.66

-60.17

-79.11

Weir Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Other Income (Expense)	Get a 7-Day Free Trial															17.02	-14.41	-45.92	-27.40	-51.65

Weir Group Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-79 Mil.

Weir Group (OTCPK:WEGRY) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Weir Group (Weir Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Weir Group PLC (OTCPK:WEGRY) » Definitions » Other Income (Expense)

Comparable Companies

Traded in Other Exchanges

WEIGF:USA WEIRl:UK WEIR:UK

Address

1 West Regent Street, Glasgow, GBR, G2 1RW

Website

https://www.global.weir

Weir Group PLC manufactures equipment for minerals and other industrial end markets. The company's operating segment includes Minerals and ESCO. The Minerals segment is into engineering, manufacturing and service processing technology used in abrasive, high-wear mining applications. It is also used in infrastructure and general industrial markets. The ESCO segment is into the provision of Ground Engaging Tools (G.E.T.) for large mining machines. It operates predominantly in mining and infrastructure markets where its technology improves productivity through extended wear life, increased safety and reduced energy consumption. The company generates maximum revenue from the Minerals segment. Geographically, the company derives a majority of its revenue from South America.

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