EMERSON ELECTRIC CO
Business
Emerson Electric Co. is a global technology and software company providing automation solutions for process, hybrid, and discrete manufacturers to optimize operations, reduce emissions, and achieve sustainability goals. The company offers intelligent devices (control valves, instrumentation, discrete automation components, professional tools), control systems, optimization software (including AspenTech), and test & measurement systems. Emerson operates through six reportable segments organized into two business groups—Intelligent Devices and Software and Control—serving diverse end markets across the Americas, Asia-Middle East-Africa, and Europe.
Summary from 10-K filed 2025-11-10
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-09-30 | FY 2024 2024-09-30 | FY 2023 2023-09-30 | FY 2022 2022-09-30 | FY 2021 2021-09-30 |
|---|---|---|---|---|---|---|
| Net sales | 18,016 | 17,492 | 15,165 | 13,804 | 12,932 | |
| Cost of sales | 8,497 | 8,607 | 7,738 | 7,498 | 7,202 | |
| Selling, general and administrative expenses | 5,103 | 5,142 | 4,186 | 3,614 | 3,494 | |
| Gain on subordinated interest | 0 | −79 | −161 | −453 | 0 | |
| Loss on Copeland note receivable | 0 | 279 | 0 | 0 | — | |
| Other deductions, net | 1,245 | 1,434 | 506 | 519 | 319 | |
| Interest expense, net of interest income of: 2023, $227; 2024, $148; 2025, $150 | 237 | 175 | 34 | 194 | 155 | |
| Earnings from continuing operations before income taxes | 2,934 | 2,020 | 2,903 | 2,432 | 1,762 | |
| Income taxes | 696 | 415 | 642 | 549 | 346 | |
| Earnings from continuing operations | 2,238 | 1,605 | 2,261 | 1,883 | 1,416 | |
| Discontinued operations, net of tax of $2,969, $85 and $(4), respectively | 8 | 350 | 10,939 | 1,347 | 911 | |
| Net earnings | 2,246 | 1,955 | 13,200 | 3,230 | 2,327 | |
| Less: Noncontrolling interests in earnings of subsidiaries | −47 | −13 | −19 | −1 | 24 | |
| Net income (loss) attributable to shareholders | 2,293 | 1,968 | 13,219 | 3,231 | 2,303 | |
| Earnings from continuing operations | 2,285 | 1,618 | 2,286 | 1,886 | 1,414 | |
| Discontinued operations | 8 | 350 | 10,933 | 1,345 | 889 | |
| Earnings from continuing operations, basic (in dollars per share) | 4.05 | 2.83 | 3.98 | 3.17 | 2.36 | |
| Discontinued operations, basic (in dollars per share) | 0.01 | 0.61 | 19.02 | 2.27 | 1.49 | |
| Basic earnings per common share (in dollars per share) | 4.06 | 3.44 | 23 | 5.44 | 3.85 | |
| Earnings from continuing operations, diluted (in dollars per share) | 4.03 | 2.82 | 3.96 | 3.16 | 2.35 | |
| Discontinued operations, diluted (in dollars per share) | 0.01 | 0.61 | 18.92 | 2.25 | 1.47 | |
| Diluted earnings per common share (in dollars per share) | 4.04 | 3.43 | 22.88 | 5.41 | 3.82 | |
| Basic (in shares) | 564 | 571 | 574 | 593 | 598 | |
| Diluted (in shares) | 567 | 574 | 577 | 596 | 602 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-09-30 | FY 2024 2024-09-30 | FY 2023 2023-09-30 | FY 2022 2022-09-30 | FY 2021 2021-09-30 |
|---|---|---|---|---|---|---|
| Cash and equivalents | 1,544 | 3,588 | 8,051 | 1,804 | 2,354 | |
| Receivables, less allowances of $121 in 2024 and $123 in 2025 | 3,101 | 2,927 | 2,518 | 2,261 | 2,971 | |
| Inventories | 2,213 | 2,180 | 2,006 | 1,742 | 2,050 | |
| Other current assets | 1,725 | 1,497 | 1,244 | 1,301 | 1,057 | |
| Total current assets | 8,583 | 10,192 | 13,819 | 8,506 | 8,432 | |
| Property, plant and equipment, net | 2,871 | 2,807 | 2,363 | 2,239 | 3,738 | |
| Goodwill | 18,193 | 18,067 | 14,480 | 13,946 | 6,967 | |
| Other intangible assets | 9,458 | 10,436 | 6,263 | 6,572 | 2,877 | |
| Other | 2,859 | 2,744 | 2,566 | 2,151 | 1,945 | |
| Total other assets | 30,510 | 31,247 | 26,564 | 24,927 | 12,545 | |
| Total assets | 41,964 | 44,246 | 42,746 | 35,672 | 24,715 | |
| Short-term borrowings and current maturities of long-term debt | 4,797 | 532 | 547 | 2,115 | 872 | |
| Accounts payable | 1,384 | 1,335 | 1,275 | 1,276 | 2,108 | |
| Accrued expenses | 3,616 | 3,875 | 3,210 | 3,038 | 3,266 | |
| Total current liabilities | 9,797 | 5,742 | 5,032 | 7,777 | 6,246 | |
| Long-term debt | 8,319 | 7,155 | 7,610 | 8,259 | 5,793 | |
| Other liabilities | 3,550 | 3,840 | 3,506 | 3,153 | — | |
| Common stock, $0.50 par value; authorized, 1,200.0 shares; issued, 953.4 shares; outstanding, 570.2 shares in 2024; 562.8 shares in 2025 | 477 | 477 | 477 | 477 | 477 | |
| Additional paid-in-capital | 85 | 169 | 62 | 57 | 522 | |
| Retained earnings | 40,603 | 40,830 | 40,070 | 28,053 | 26,047 | |
| Accumulated other comprehensive income (loss) | −821 | −868 | −1,253 | −1,485 | −872 | |
| Cost of common stock in treasury, 383.2 shares in 2024; 390.6 shares in 2025 | −20,062 | −18,972 | — | — | — | |
| Common stockholders equity | 20,282 | 21,636 | 20,689 | 10,364 | 9,883 | |
| Noncontrolling interests in subsidiaries | 16 | 5,873 | 5,909 | 5,952 | 40 | |
| Total equity | 20,298 | 27,509 | 26,598 | 16,316 | 9,923 | |
| Total liabilities and equity | 41,964 | 44,246 | 42,746 | 35,672 | 24,715 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-09-30 | FY 2024 2024-09-30 | FY 2023 2023-09-30 | FY 2022 2022-09-30 | FY 2021 2021-09-30 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 1,518 | 1,689 | 1,051 | 842 | 762 | |
| Stock compensation | 263 | 260 | 250 | 125 | 197 | |
| Amortization of acquisition-related inventory step-up | 0 | 231 | 0 | 0 | — | |
| Pension expense (income) | −12 | −79 | −71 | 2 | 28 | |
| Pension funding | −46 | −38 | −43 | −43 | −41 | |
| Changes in operating working capital | −9 | −151 | −148 | −312 | 167 | |
| Other, net | −276 | −400 | −429 | 4 | −71 | |
| Cash from continuing operations | 3,676 | 3,317 | 2,710 | 2,048 | 2,458 | |
| Cash from discontinued operations | −578 | 15 | −2,073 | 874 | 1,117 | |
| Cash provided by operating activities | 3,098 | 3,332 | 637 | 2,922 | 3,575 | |
| Capital expenditures | −431 | −419 | −363 | −299 | −404 | |
| Purchases of businesses, net of cash and equivalents acquired | −37 | −8,342 | −705 | −5,702 | −1,592 | |
| Proceeds from subordinated interest | 0 | 79 | 176 | 438 | 0 | |
| Other, net | −125 | −114 | −141 | −138 | −25 | |
| Cash from continuing operations | −593 | −8,796 | −115 | −5,684 | −1,991 | |
| Cash from discontinued operations | 0 | 3,436 | 12,530 | 350 | −129 | |
| Cash provided by (used in) investing activities | −593 | −5,360 | 12,415 | −5,334 | −2,120 | |
| Net increase (decrease) in short-term borrowings | 1,110 | −15 | −1,578 | 1,241 | −504 | |
| Proceeds from short-term borrowings greater than three months | 8,008 | 322 | 395 | 1,162 | 71 | |
| Payments of short-term borrowings greater than three months | −4,918 | −327 | −400 | — | — | |
| Proceeds from long-term debt | 1,544 | 0 | 0 | 2,975 | 0 | |
| Payments of long-term debt | −503 | −547 | −741 | −522 | −308 | |
| Dividends paid | −1,192 | −1,201 | −1,198 | −1,223 | −1,210 | |
| Purchases of common stock | −1,167 | −435 | −2,000 | −500 | −500 | |
| AspenTech purchases of common stock | 0 | −208 | −214 | 0 | 0 | |
| Purchase of noncontrolling interest | −7,244 | 0 | 0 | — | — | |
| Repurchase of AspenTech share awards | −76 | 0 | 0 | — | — | |
| Other, net | −72 | −44 | −169 | 80 | 100 | |
| Cash used in financing activities | −4,510 | −2,455 | −6,823 | 2,048 | −2,422 | |
| Effect of exchange rate changes on cash and equivalents | −39 | 20 | 18 | −186 | 6 | |
| Increase (Decrease) in cash and equivalents | −2,044 | −4,463 | 6,247 | −550 | −961 | |
| Receivables | −171 | −99 | −191 | −143 | −18 | |
| Inventories | −1 | 122 | −160 | −334 | −11 | |
| Other current assets | −152 | −149 | −1 | −56 | −91 | |
| Accounts payable | 34 | −16 | −17 | 147 | 107 | |
| Accrued expenses | 281 | −9 | 221 | 74 | 180 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is EMERSON ELECTRIC CO's CIK number?
EMERSON ELECTRIC CO's SEC CIK number is 0000032604 (32604). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find EMERSON ELECTRIC CO's SEC filings?
All of EMERSON ELECTRIC CO's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did EMERSON ELECTRIC CO last report earnings?
EMERSON ELECTRIC CO (EMR) most recently filed an earnings 8-K with the SEC on May 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000032604-26-000034). This is EMERSON ELECTRIC CO's most recent earnings filing of record — not a forecast of its next earnings date.
What is EMERSON ELECTRIC CO's most recent earnings 8-K?
EMERSON ELECTRIC CO's latest earnings 8-K (Item 2.02) was filed May 5, 2026 under accession 0000032604-26-000034. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View EMERSON ELECTRIC CO's latest earnings 8-K →
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