The company reported revenue of $11.7 billion, net earnings of $1 billion and diluted EPS of $3.64 for Q4 2023. For the full year, it reported revenue of $42.3 billion, net earnings of $3.3 billion and diluted EPS of $12.02.

1. 01

   The company reported revenue of $11.7 billion, net earnings of $1 billion and diluted EPS of $3.64 for Q4 2023. For the full year, it reported revenue of $42.3 billion, net earnings of $3.3 billion and diluted EPS of $12.02.

2. 02

   The company said net cash provided by operating activities for 2023 was a record-high $4.7 billion, or 142% of net earnings. In the same year, it reduced debt by $1.2 billion, invested $904 million in capital expenditures, paid $1.4 billion in dividends and used $434 million to repurchase shares.

3. 03

   The company said its backlog at the end of 2023 was $93.6 billion, the highest year-end backlog in its history. Estimated potential contract value was $38.3 billion, and total estimated contract value was $132 billion.

4. 04

   The company reported that Aerospace operating earnings for Q4 2023 were $449 million, up 33.2% from $337 million in the year-ago quarter. In the same quarter, Marine Systems operating earnings were $217 million, down 8.4%.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.