And Blank raved about Morris’ staff, calling its depth “remarkable.” But it’s interesting that Blank didn’t tout that as a strength of Arthur Smith when he was hired in January 2021.

Atlas Copco is in solid financial shape. It ended 2024 with a net debt/EBITDA ratio of 0.3 times and has averaged below 0.5 times over the past decade. This conservative balance sheet gives the ...

We credit Atlas Copco with a wide economic moat. We think Atlas Copco’s reputation as an industry leader in innovation and product quality works in tandem with high customer switching costs to ...