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Revenue (Tables)
12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue by Reporting Unit
Revenue by reporting unit for the years ended December 31, 2025, 2024 and 2023 was as follows:
For the Year Ended December 31,
202520242023
Scientific Fluidics & Optics$859.3 $706.1 $681.5 
Performance Pneumatic Technologies259.2 237.4 250.0 
Sealing Solutions249.6 232.4 242.3 
Material Processing Technologies127.4 122.2 120.7 
Micropump(1)
— — 21.9 
Intersegment elimination(4.8)(4.1)(2.9)
Health & Science Technologies1,490.7 1,294.0 1,313.5 
Pumps426.6 408.3 402.9 
Water351.8 347.8 345.8 
Energy205.2 207.6 209.3 
Agriculture143.3 146.4 159.6 
Valves97.1 123.1 129.5 
Intersegment elimination(1.5)(1.4)(2.9)
Fluid & Metering Technologies1,222.5 1,231.8 1,244.2 
Fire & Safety478.4 467.2 431.9 
Dispensing147.2 161.3 167.5 
BAND-IT119.7 115.8 119.4 
Intersegment elimination(1.0)(1.3)(2.6)
Fire & Safety/Diversified Products744.3 743.0 716.2 
Net sales
$3,457.5 $3,268.8 $3,273.9 

(1) Revenue from Micropump (sold on August 3, 2023) has been included in the Company’s Consolidated Statements of Income through the date of disposition. See Note 2, “Acquisitions and Divestitures,” for further detail.
Schedule of External Net Sales Disaggregated by Geography
Revenue by geographical region for the years ended December 31, 2025, 2024 and 2023 was as follows:

For the Year Ended December 31, 2025
HSTFMTFSDPIDEX
U.S.$695.7 $693.3 $371.8 $1,760.8 
North America, excluding U.S.24.7 73.0 32.0 129.7 
Europe448.4 202.6 195.2 846.2 
Asia292.3 158.1 112.6 563.0 
Other(1)
34.4 97.0 33.7 165.1 
Intersegment elimination(4.8)(1.5)(1.0)(7.3)
Net sales
$1,490.7 $1,222.5 $744.3 $3,457.5 

For the Year Ended December 31, 2024
HSTFMTFSDPIDEX
U.S.$573.7 $693.1 $354.9 $1,621.7 
North America, excluding U.S.29.9 68.3 34.2 132.4 
Europe408.0 210.1 178.4 796.5 
Asia261.4 169.7 139.9 571.0 
Other(1)
25.1 92.0 36.9 154.0 
Intersegment elimination(4.1)(1.4)(1.3)(6.8)
Net sales
$1,294.0 $1,231.8 $743.0 $3,268.8 

For the Year Ended December 31, 2023
HSTFMTFSDPIDEX
U.S.$575.5 $695.7 $371.9 $1,643.1 
North America, excluding U.S.22.6 70.3 33.4 126.3 
Europe439.9 213.8 166.7 820.4 
Asia249.4 177.6 108.5 535.5 
Other(1)
29.0 89.7 38.3 157.0 
Intersegment elimination(2.9)(2.9)(2.6)(8.4)
Net sales
$1,313.5 $1,244.2 $716.2 $3,273.9 

(1) Other includes: South America, Middle East, Australia and Africa.
Schedule of Contract with Customer, Asset and Liability
The composition of customer receivables was as follows:
December 31, 2025December 31, 2024
Billed receivables$477.1 $443.2 
Unbilled receivables34.8 17.8 
Total customer receivables$511.9 $461.0 
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
The composition of deferred revenue was as follows:

December 31, 2025December 31, 2024
Deferred revenue - current$45.8 $50.7 
Deferred revenue - noncurrent22.0 13.2 
Total deferred revenue$67.8 $63.9