EMERSON ELECTRIC CO

10-K & 10-Q Filings

Emerson is a global technology and software company that provides innovative solutions for customers in various end markets around the world. Its business strategy includes portfolio management through strategic acquisitions and divestitures to create a higher growth and cohesive industrial technology portfolio. The company operates in six segments and two business groups: Intelligent Devices, Software and Control. Intelligent Devices includes Final Control, Measurement & Analytical, Discrete Automation, and Safety & Productivity. Software and Control includes Control Systems & Software and AspenTech. Emerson's website is www.Emerson.com, and its ticker symbol is EMR. The Final Control segment is a leading global provider of control valves, isolation valves, shutoff valves, pressure relief valves, pressure safety valves, actuators, and regulators for process and hybrid industries. The Measurement & Analytical segment is a leading supplier of intelligent instrumentation measuring the physical properties of liquids or gases. The Discrete Automation segment includes solenoid valves, pneumatic valves, valve position indicators, pneumatic cylinders and actuators, air preparation equipment, pressure and temperature switches, electric linear motion solutions, programmable automation control systems and software, electrical distribution equipment, and materials joining solutions. The Safety & Productivity segment offers tools for professionals and homeowners that promote safety and productivity. The Software and Control segment provides control systems and software that control plant processes and software-defined automation systems. AspenTech is a global leader in asset optimization software that enables industrial manufacturers to design, operate, and maintain their operations for maximum performance. Test & Measurement, a new segment in the Software and Control business group, provides software-connected automated test and measurement systems that enable enterprises to bring products to market faster and at a lower cost. Emerson invests in innovation to accelerate organic growth and focuses on key growth initiatives across its software, control, and intelligent devices portfolio. These initiatives include disruptive measurement technologies, software-defined automation systems, self-optimizing asset software, and sustainability solutions. The company had approximately 67,000 employees at September 30, 2023. Emerson's website (www.Emerson.com) is where its reports on Forms 10-K, 10-Q, 8-K, and all amendments to those reports, as well as proxy statements, are available without charge as soon as reasonably practicable after they are electronically filed with or furnished to the U.S. Securities and Exchange Commission (SEC).

12 mos ending Sep 30, 201212 mos ending Sep 30, 201312 mos ending Sep 30, 201412 mos ending Sep 30, 201512 mos ending Sep 30, 201612 mos ending Sep 30, 201712 mos ending Sep 30, 201812 mos ending Sep 30, 201912 mos ending Sep 30, 202012 mos ending Sep 30, 202112 mos ending Sep 30, 202212 mos ending Sep 30, 20233 mos ending Dec 31, 20223 mos ending Dec 31, 2023CAGR %YoY %Revenue (+)
$24412.00
24669.00
24537.00
22304.00
14522.00
15264.00
17408.00
18372.00
16785.00
18236.00
19629.00
15206.00
3373.00
4148.00
-4.21%22.98%Cost of Revenue (-)
$14644.00
14717.00
14379.00
13256.00
8260.00
8860.00
9948.00
10557.00
9776.00
10673.00
11441.00
7738.00
1753.00
2201.00
-5.63%25.56%Gross Profit (+)
$9768.00
9952.00
10158.00
9048.00
6262.00
6404.00
7460.00
7815.00
7009.00
7563.00
8188.00
7468.00
1620.00
1947.00
-2.41%20.19%Selling, General & Administrative (-)
$5436.00
5648.00
5715.00
5184.00
3464.00
3618.00
4258.00
4457.00
3986.00
4179.00
4248.00
4186.00
1030.00
1277.00
-2.35%23.98%Non-recurring Operating Expenses (-)
$592.00
528.00
508.00
Operating Expenses (-)
$6028.00
6176.00
6223.00
4145.00
3464.00
3618.00
4258.00
4457.00
3986.00
4179.00
4248.00
4186.00
1030.00
1277.00
-3.26%23.98%Costs & Expenses (Total) (-)
$20896.00
21111.00
21189.00
18143.00
12206.00
12929.00
14206.00
15014.00
13762.00
14852.00
15689.00
11924.00
2783.00
3478.00
-4.97%24.97%Operating Income/Loss (+)
$3740.00
3776.00
3542.00
4332.00
2504.00
2500.00
3202.00
3358.00
3023.00
3384.00
3940.00
3282.00
590.00
670.00
-1.18%13.56%Non-operating Income/Expense (+)
$-401.00
-362.00
486.00
Interest Expense (-)
$224.00
218.00
194.00
171.00
188.00
165.00
159.00
174.00
156.00
154.00
193.00
34.00
48.00
44.00
-15.75%-8.33%Earnings before Tax (+)
$3115.00
3196.00
3348.00
4161.00
2316.00
2335.00
2667.00
2859.00
2335.00
2912.00
4085.00
2726.00
422.00
139.00
-1.21%-67.06%Tax Expense (-)
$1091.00
1130.00
1164.00
1428.00
697.00
660.00
443.00
531.00
345.00
585.00
855.00
599.00
98.00
7.00
-5.30%-92.86%Income/Loss (Continuing Operations) (+)
$2024.00
2066.00
2184.00
2733.00
1619.00
1675.00
2224.00
2328.00
1990.00
2327.00
3230.00
2127.00
324.00
132.00
0.45%-59.26%Income/Loss (Discontinued Operations) (+)
$
45.00
-125.00
11073.00
2002.00
Profit/Loss (+)
$2024.00
2066.00
2184.00
2733.00
1664.00
1550.00
2224.00
2328.00
1990.00
2327.00
3230.00
13200.00
2326.00
132.00
18.59%-94.33%Net Income/Loss (NCI) (-)
$56.00
62.00
37.00
23.00
29.00
32.00
21.00
22.00
25.00
24.00
-1.00
-19.00
-5.00
-10.00
-100.00%Net Income/Loss (+)
$1968.00
2004.00
2147.00
2710.00
1635.00
1518.00
2203.00
2306.00
1965.00
2303.00
3231.00
13219.00
2331.00
142.00
18.90%-93.91%Net Income/Loss (Common) (+)
$1968.00
2004.00
2147.00
2710.00
1635.00
1518.00
2203.00
2306.00
1965.00
2303.00
3231.00
13219.00
2331.00
142.00
18.90%-93.91%EPS (Basic)
$2.68
2.78
3.05
4.01
2.53
2.35
3.48
3.74
3.26
3.85
5.44
23.00
3.99
0.25
21.58%-93.73%EPS (Diluted)
$2.67
2.76
3.03
3.99
2.52
2.35
3.46
3.71
3.24
3.82
5.41
22.88
3.97
0.25
21.57%-93.70%Weighted Avg Shares (Basic)
724.14
703.96
693.63
654.56
642.78
641.82
626.16
609.15
598.04
598.10
592.90
574.20
583.60
570.80
-2.09%-2.19%Weighted Avg Shares (Diluted)
601.80
596.30
577.30
586.70
573.30
-2.28%Cash
$2367.00
3275.00
3149.00
3054.00
3182.00
3062.00
1093.00
1494.00
3315.00
2354.00
1804.00
8051.00
2271.00
2076.00
11.77%-8.59%Receivables
$4983.00
4808.00
5019.00
4319.00
2701.00
3072.00
3344.00
2985.00
2802.00
2971.00
3008.00
2518.00
2231.00
2759.00
-6.02%23.67%Inventory
$2125.00
1895.00
2057.00
1847.00
1208.00
1696.00
1813.00
1880.00
1928.00
2050.00
2191.00
2006.00
1999.00
2432.00
-0.52%21.66%Other Assets (Current)
$651.00
1021.00
642.00
829.00
2869.00
422.00
369.00
780.00
761.00
1057.00
1503.00
1244.00
2499.00
1399.00
6.06%-44.02%Assets (Current)
$10126.00
10999.00
10867.00
10049.00
9960.00
8252.00
6619.00
7139.00
8806.00
8432.00
8506.00
13819.00
9000.00
8666.00
2.87%-3.71%Property, Plant & Equipment (Net)
$3509.00
3605.00
3802.00
3585.00
2931.00
3321.00
3562.00
3642.00
3688.00
3738.00
3361.00
2363.00
2263.00
2701.00
-3.53%19.35%Accumulated Depreciation
$5425.00
Goodwill & Intangibles
$9864.00
9181.00
8871.00
8179.00
4811.00
7206.00
9206.00
9151.00
9202.00
10600.00
21386.00
20743.00
20547.00
29253.00
6.99%42.37%Other Assets
$319.00
926.00
637.00
275.00
4041.00
810.00
1003.00
565.00
1186.00
1945.00
2419.00
5821.00
4431.00
5893.00
30.21%32.99%Assets (Non-current)
$13692.00
13712.00
13310.00
12039.00
11783.00
11337.00
13771.00
13358.00
14076.00
16283.00
27166.00
28927.00
27241.00
37847.00
7.04%38.93%Assets (Total)
$23818.00
24711.00
24177.00
22088.00
21743.00
19589.00
20390.00
20497.00
22882.00
24715.00
35672.00
42746.00
36241.00
46513.00
5.46%28.34%Accounts Payable
$5627.00
6038.00
5989.00
5247.00
3823.00
4127.00
4541.00
4532.00
4625.00
5374.00
5662.00
4485.00
5168.00
4538.00
-2.04%-12.19%Debt (Current)
$1506.00
1587.00
2465.00
2553.00
2584.00
862.00
1623.00
1444.00
1160.00
872.00
2115.00
547.00
1792.00
3227.00
-8.80%80.08%Other Liabilities (Current)
$
1601.00
56.00
1200.00
Liabilities (Current)
$7133.00
7625.00
8454.00
7800.00
8008.00
5045.00
6164.00
5976.00
5785.00
6246.00
7777.00
5032.00
8160.00
7765.00
-3.12%-4.84%Debt (Non-current)
$3787.00
4055.00
3559.00
4289.00
4062.00
3794.00
3137.00
4277.00
6326.00
5793.00
8259.00
7610.00
8159.00
7632.00
6.55%-6.46%Other Liabilities
$2456.00
2313.00
1997.00
1871.00
2055.00
1980.00
2099.00
1971.00
2324.00
2753.00
3320.00
3506.00
3057.00
4561.00
3.29%49.20%Liabilities (Non-current)
$6243.00
6368.00
5556.00
6160.00
6117.00
5774.00
5236.00
6248.00
8650.00
8546.00
11579.00
11116.00
11216.00
12193.00
5.38%8.71%Liabilities (Total)
$13376.00
13993.00
14010.00
13960.00
14125.00
10819.00
11400.00
12224.00
14435.00
14792.00
19356.00
16148.00
19376.00
19958.00
1.73%3.00%Treasury Stock
$7882.00
8985.00
9811.00
12257.00
12831.00
13032.00
13935.00
15114.00
15920.00
16291.00
16738.00
18667.00
18683.00
18763.00
8.15%0.43%Retained Earnings
$18107.00
18930.00
19867.00
21308.00
21716.00
21995.00
23072.00
24199.00
24955.00
26047.00
28053.00
40070.00
30076.00
39910.00
7.49%32.70%AOCI
$-731.00
-189.00
-575.00
-1617.00
-1999.00
-1019.00
-1015.00
-1722.00
-1577.00
-872.00
-1485.00
-1253.00
-1255.00
-1090.00
13.15%Shareholder's Equity
$10442.00
10718.00
10167.00
8128.00
7618.00
8770.00
8990.00
8273.00
8447.00
9923.00
16316.00
26598.00
16714.00
26555.00
8.87%58.88%Liabilities & Equity
$23818.00
24711.00
24177.00
22088.00
21743.00
19589.00
20390.00
20497.00
22882.00
24715.00
35672.00
42746.00
36241.00
46513.00
5.46%28.34%Net Income/Loss
$2024.00
2066.00
2184.00
2733.00
1664.00
1550.00
2224.00
2328.00
1990.00
2327.00
3230.00
13200.00
2326.00
132.00
18.59%-94.33%Depreciation & Amortization
$823.00
819.00
831.00
815.00
568.00
636.00
758.00
822.00
854.00
969.00
1039.00
1051.00
260.00
653.00
2.25%151.15%Increase/Decrease in Working Capital
$-340.00
-42.00
-114.00
142.00
-93.00
-160.00
83.00
150.00
-148.00
-203.00
515.00
190.00
289.00
247.00
-14.53%Share-based Compensation
$163.00
-160.00
-130.00
-53.00
-66.00
-45.00
120.00
110.00
224.00
144.00
179.00
102.00
74.00
0.85%-27.45%Adjustments to Reconcile Net Income
$1029.00
1583.00
1508.00
-204.00
835.00
1140.00
646.00
678.00
1093.00
1248.00
-308.00
-12563.00
-1908.00
283.00
114.83%Net Cash (Operating)
$3053.00
3649.00
3692.00
2529.00
2499.00
2690.00
2892.00
3006.00
3083.00
3575.00
2922.00
637.00
418.00
415.00
-13.28%-0.72%Capital Expenditure
$727.00
694.00
1014.00
-803.00
579.00
3427.00
2619.00
1049.00
664.00
2158.00
5632.00
1068.00
59.00
8416.00
3.56%14164.41%Net Cash (Investing)
$-806.00
-789.00
-1159.00
591.00
-626.00
1514.00
-2720.00
-1174.00
-740.00
-2120.00
-5334.00
12415.00
2886.00
-8452.00
-392.86%Increase/Decrease in Debt
$90.00
349.00
294.00
841.00
-198.00
-1979.00
102.00
1029.00
1640.00
-812.00
3691.00
-3242.00
-548.00
2647.00
583.03%Increase/Decrease in Equity
$-797.00
-1110.00
-1048.00
-2501.00
-601.00
-400.00
-1000.00
-1250.00
-942.00
-500.00
-500.00
-2000.00
-2000.00
-175.00
91.25%Dividends Paid
$1171.00
1181.00
1210.00
1269.00
1227.00
1239.00
1229.00
1209.00
1209.00
1210.00
1223.00
1198.00
306.00
300.00
0.21%-1.96%Net Cash (Financing)
$-1899.00
-1933.00
-2559.00
-2948.00
-2045.00
-3591.00
-2092.00
-1391.00
-509.00
-2422.00
2048.00
-6823.00
-2895.00
2055.00
170.98%Effect of Exchange Rate
$-33.00
-19.00
-100.00
-267.00
-82.00
45.00
-49.00
-40.00
-13.00
6.00
-186.00
18.00
58.00
7.00
-87.93%Increase/Decrease in Cash
$315.00
908.00
-126.00
-95.00
128.00
-120.00
-1969.00
401.00
1821.00
-961.00
-550.00
6247.00
467.00
-5975.00
31.20%-1379.44%Cash (Beginning)
$2052.00
2367.00
3275.00
3149.00
3054.00
3182.00
3062.00
1093.00
1494.00
3315.00
2354.00
1804.00
1804.00
8051.00
-1.16%346.29%Cash (Ending)
$2367.00
3275.00
3149.00
3054.00
3182.00
3062.00
1093.00
1494.00
3315.00
2354.00
8051.00
2271.00
2076.00
11.77%-8.59%NOPAT
$2430.10
2440.93
2310.55
2845.32
1750.42
1793.36
2670.13
2734.32
2576.35
2704.18
3115.35
4003.17
727.01
703.74
4.64%-3.20%Gross Margin %
40.01%
40.34%
41.40%
40.57%
43.12%
41.95%
42.85%
42.54%
41.76%
41.47%
41.71%
49.11%
48.03%
46.94%
Operating Margin %
15.32%
15.31%
14.44%
19.42%
17.24%
16.38%
18.39%
18.28%
18.01%
18.56%
20.07%
21.58%
17.49%
16.15%
NOPAT Margin %
9.95%
9.89%
9.42%
12.76%
12.05%
11.75%
15.34%
14.88%
15.35%
14.83%
15.87%
26.33%
21.55%
16.97%
Net Margin %
8.06%
8.12%
8.75%
12.15%
11.26%
9.94%
12.66%
12.55%
11.71%
12.63%
16.46%
86.93%
69.11%
3.42%
Tax Rate %
35.02%
35.36%
34.77%
34.32%
30.09%
28.27%
16.61%
18.57%
14.78%
20.09%
20.93%
-21.97%
-23.22%
-5.04%
ROA
10.20%
9.88%
9.56%
12.88%
8.05%
9.15%
13.10%
13.34%
11.26%
10.94%
8.73%
9.37%
2.01%
1.51%
ROE
23.27%
22.77%
22.73%
35.01%
22.98%
20.45%
29.70%
33.05%
30.50%
27.25%
19.09%
15.05%
4.35%
2.65%
ROIC
14.11%
15.33%
14.25%
19.08%
20.64%
14.16%
18.44%
18.70%
17.56%
17.11%
11.94%
16.23%
3.36%
2.13%
Asset Turnover
1.02
1.00
1.01
1.01
0.67
0.78
0.85
0.90
0.73
0.74
0.55
0.36
0.09
0.09
Inventory Turnover
6.89
7.77
6.99
7.18
6.84
5.22
5.49
5.62
5.07
5.21
5.22
3.86
0.88
0.91
Equity Multiplier
2.28
2.31
2.38
2.72
2.85
2.23
2.27
2.48
2.71
2.49
2.19
1.61
2.17
1.75
Current Ratio
1.42
1.44
1.29
1.29
1.24
1.64
1.07
1.19
1.52
1.35
1.09
2.75
1.10
1.12
Quick Ratio
1.03
1.06
0.97
0.95
0.73
1.22
0.72
0.75
1.06
0.85
0.62
2.10
0.55
0.62
Debt/Equity Ratio
0.51
0.53
0.59
0.84
0.87
0.53
0.53
0.69
0.89
0.67
0.64
0.31
0.60
0.41
Working Capital/Sales
0.16
0.13
0.14
0.14
0.05
0.14
0.10
0.10
0.11
0.08
0.07
0.10
-0.36
0.26
Dividend Payout Ratio %
48.19%
48.38%
52.37%
44.60%
70.10%
69.09%
46.03%
44.22%
46.93%
44.75%
39.26%
29.93%
42.09%
42.63%
Total Payout
$1878.00
1942.00
1964.00
2929.00
2026.00
3618.00
2127.00
1430.00
511.00
2522.00
-1968.00
6440.00
2854.00
-2172.00
11.85%-176.10%Payout Ratio %
77.28%
79.56%
85.00%
102.94%
115.74%
201.74%
79.66%
52.30%
19.83%
93.26%
-63.17%
160.87%
392.56%
-308.64%