Posts by: Tim J. Smith, PhD

Trump’s Tariffs

By Tim J. Smith, PhD March 12, 2025

Trump initiated tariffs with major U.S. trading partners on 1 February, then retracted them on 3 February. Executives across the North American…

More

TransDigm Pricing Spineometer: 1 of 5 Vertebrae

By Tim J. Smith, PhD March 12, 2025

TransDigm, a global aerospace components provider to commercial and military aircraft, had a positive FY 2024. Revenue rose 21% to $7.9 billion…

More

Otis Pricing Spineometer: 2 of 5 Vertebrae

By Tim J. Smith, PhD March 12, 2025

Otis Worldwide Corporation, a global elevator and escalator company, had a challenging FY 2024. Revenue rose 0.4% to $14.3 while operating income…

More

Ametek Pricing Spineometer: 2 of 5 Vertebrae

By Tim J. Smith, PhD March 12, 2025

AMETEK, a global provider of electronic instruments and electromechanical devices, had a positive FY 2024. Revenue rose 5.2% to $6.9 billion and…

More

Expeditors Pricing Spineometer: 5 of 5 Vertebrae

By Tim J. Smith, PhD February 7, 2025

Expeditors International of Washington, a third-party logistics services company, had a positive Q3 2024. Revenue rose 37% to $3.0 billion and earnings…

More

Howmet Aerospace Pricing Spineometer: 2 of 5 Vertebrae

By Tim J. Smith, PhD February 7, 2025

Howmet Aerospace, a global provider of advanced engineered solutions for the aerospace and transportation industries, had a positive Q3 2024. Revenue rose…

More

Jacobs Solutions Pricing Spineometer: 4 of 5 Vertebrae

By Tim J. Smith, PhD February 7, 2025

Jacob Solutions, an infrastructure development company, had a positive 2024. Revenue rose 6% to $11.5 billion and earnings before interest and taxes…

More

Quanta Services Pricing Spineometer: 2 of 5 Vertebrae

By Tim J. Smith, PhD February 7, 2025

Quanta Services, Inc., a provider of infrastructure solutions for electric and gas utilities, renewable energy, communications, and pipelines, had a positive Q3…

More

IDEX Pricing Spineometer: 2 of 5 Vertebrae

By Tim J. Smith, PhD January 9, 2025

IDEX, a global applied solutions provider, had a mixed Q3 2024. Revenue rose 0.6% to $798 million while earnings before interest and…

More

Textron Pricing Spineometer: 3 of 5 Vertebrae

By Tim J. Smith, PhD January 9, 2025

Textron, an industrial conglomerate in the aviation, defense, automotive supply, golf cart, and other industrials, had a mixed Q3 2024. Revenue rose…

More

About The Author

timjsmith
Tim J. Smith, PhD, is the founder and CEO of Wiglaf Pricing, an Adjunct Professor of Marketing and Economics at DePaul University, and the author of Pricing Done Right (Wiley 2016) and Pricing Strategy (Cengage 2012). At Wiglaf Pricing, Tim leads client engagements. Smith’s popular business book, Pricing Done Right: The Pricing Framework Proven Successful by the World’s Most Profitable Companies, was noted by Dennis Stone, CEO of Overhead Door Corp, as "Essential reading… While many books cover the concepts of pricing, Pricing Done Right goes the additional step of applying the concepts in the real world." Tim’s textbook, Pricing Strategy: Setting Price Levels, Managing Price Discounts, & Establishing Price Structures, has been described by independent reviewers as “the most comprehensive pricing strategy book” on the market. As well as serving as the Academic Advisor to the Professional Pricing Society’s Certified Pricing Professional program, Tim is a member of the American Marketing Association and American Physical Society. He holds a BS in Physics and Chemistry from Southern Methodist University, a BA in Mathematics from Southern Methodist University, a PhD in Physical Chemistry from the University of Chicago, and an MBA with high honors in Strategy and Marketing from the University of Chicago GSB.