EMR · Technology

EMERSON ELECTRIC CO

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-08-08

• Capital Return ProgramImportance 58 · Surprise 42
  Emerson expects to return approximately $2.2 billion to shareholders during fiscal 2026. The planned shareholder returns are supported by robust cash generation and include dividends and other capital-return activity.…

News · 2026-08-07

• Capital Return ProgramImportance 58 · Surprise 42
  Emerson expects to return approximately $2.2 billion to shareholders during fiscal 2026. The planned shareholder returns are supported by robust cash generation and include dividends and other capital-return activity.…

News · 2026-08-06

• Capital Return ProgramImportance 58 · Surprise 42
  Emerson expects to return approximately $2.2 billion to shareholders during fiscal 2026. The planned shareholder returns are supported by robust cash generation and include dividends and other capital-return activity.…
• Segment Revenue PerformanceImportance 41 · Surprise 48
  Software & Systems underlying sales rose 11% in the fiscal third quarter of 2026. Test & Measurement revenue increased 23%, while the Ovation business also grew 23%, making both businesses major contributors to…
• Market Demand TrendsImportance 41 · Surprise 48
  Emerson reported broad-based order growth in fiscal Q3 2026, with particularly strong demand for industrial automation, power generation, semiconductor applications, and test and measurement. Software & Systems…
• Free Cash FlowImportance 40 · Surprise 24
  Emerson’s free-cash-flow margin increased to 27.1% in fiscal third-quarter 2026. Robust free cash flow supported the company’s higher fiscal 2026 outlook and approximately $2.2 billion of expected shareholder returns.…
• Acquisition / Partnership / DivestitureImportance 38 · Surprise 60
  Emerson acquired Glue Inc., a Seattle-based developer of AI-enabled software for intelligent validation and testing. Financial terms were not disclosed, so the transaction’s purchase price and immediate earnings impact…
• Industrial AI ExpansionImportance 31 · Surprise 42
  Emerson is expanding its industrial AI strategy through the DeltaV Automation Platform for Data Centers, Nigel AI enhancements, and Ovation AI Agents. The initiatives are intended to integrate AI-enabled automation…

News · 2026-08-05

• Capital Return ProgramImportance 58 · Surprise 42
  Emerson expects to return approximately $2.2 billion to shareholders during fiscal 2026. The planned shareholder returns are supported by robust cash generation and include dividends and other capital-return activity.…
• Segment Revenue PerformanceImportance 41 · Surprise 48
  Software & Systems underlying sales rose 11% in the fiscal third quarter of 2026. Test & Measurement revenue increased 23%, while the Ovation business also grew 23%, making both businesses major contributors to…
• Market Demand TrendsImportance 41 · Surprise 48
  Emerson reported broad-based order growth in fiscal Q3 2026, with particularly strong demand for industrial automation, power generation, semiconductor applications, and test and measurement. Software & Systems…
• Gross Margin DriversImportance 39 · Surprise 50
  Emerson’s gross margin expanded to 54.5% in fiscal third-quarter 2026. The company received $82 million of tariff refunds during the quarter, which materially supported the margin improvement. Adjusted segment EBITDA…

10-Q · 2026-08-04

• Interest Rate and Refinancing ExposureImportance 83 · Surprise 82
  Net interest expense increased $113 million year over year to $258 million for the first nine months of fiscal 2026. The increase was attributed to higher short-term borrowings and long-term debt used to fund the…
• Guidance / OutlookImportance 78 · Surprise 50
  For fiscal 2026, management expects consolidated net sales to increase approximately 5 percent and underlying sales to increase approximately 3.5 percent, excluding a 1.5 percent favorable foreign currency translation…
• Income Tax Rate ChangesImportance 69 · Surprise 50
  Nine-month income taxes were $542 million versus $536 million, while the effective tax rate declined to 22% from 25%. The One Big Beautiful Bill Act increased the current-year effective tax rate by approximately 1…
• Operating Expense TrendsImportance 65 · Surprise 48
  Nine-month SG&A increased $129 million to $3.9 billion, while SG&A declined to 28.3% of sales from 28.7%. The lower ratio reflected savings from cost-reduction actions and operating leverage on higher sales.…
• Gross Margin DriversImportance 57 · Surprise 50
  Nine-month gross profit increased $388 million to $7.4 billion, and gross margin expanded 0.4 percentage points to 53.6%. The improvement reflected favorable price less net material inflation and $82 million of IEEPA…
• Operating Margin DriversImportance 54 · Surprise 40
  Nine-month pretax earnings increased $346 million to $2.484 billion, and pretax margin expanded 1.8 percentage points to 18.0%. Software & Systems earnings increased $109 million to $762 million, while Intelligent…
• Software & Systems DemandImportance 54 · Surprise 40
  Software & Systems sales increased 11% in the third quarter to $1,644 million, with underlying sales up 11% on 7% higher volume and 4% higher price. Control Systems & Software benefited from strong power demand, while…
• Revenue Performance and MixImportance 49 · Surprise 32
  Nine-month fiscal 2026 net sales increased 5% to $13.8 billion, with Software & Systems up 7%, Intelligent Devices up 4% and Safety & Productivity up 3%. Underlying sales increased 3%, driven by 3% higher price, while…
• Segment Revenue PerformanceImportance 49 · Surprise 32
  Software & Systems generated $4.6 billion in nine-month sales, up 7%, including 18% growth in Test & Measurement and 3% growth in Control Systems & Software. Intelligent Devices generated $7.6 billion, up 4%, with…
• Intelligent Devices DemandImportance 49 · Surprise 32
  Intelligent Devices sales increased 6% in the third quarter to $2,677 million, with underlying sales up 5% on 3% higher price and 2% higher volume. Sensors sales rose 8%, supported by strong growth in the Americas and…
• Safety & Productivity DemandImportance 49 · Surprise 32
  Safety & Productivity sales increased 3% in the third quarter to $552 million, but underlying sales rose only 2% because 4% higher price was offset by 2% lower volume. Underlying sales increased 4% in the Americas and…
• Trade Policy and TariffsImportance 47 · Surprise 60
  In February 2026, the U.S. Supreme Court ruled that the International Emergency Economic Powers Act (IEEPA) does not authorize the imposition of tariffs. Following an April 20, 2026 U.S. Customs and Border Protection…
• Middle East Conflict ImpactImportance 43 · Surprise 32
  The conflict in the Middle East negatively affected first-nine-month fiscal 2026 volume by approximately 1.5 percent across the Company. It also reduced Intelligent Devices underlying sales volume by 0.5 percent.…
• FX / Currency HeadwindsImportance 40 · Surprise 14
  Foreign currency translation favorably affected third-quarter fiscal 2026 sales by 1 percent and first-nine-month sales by 2 percent. The fiscal 2026 outlook assumes a 1.5 percent favorable foreign currency translation…
• Capital Return ProgramImportance 37 · Surprise 6
  During the first nine months of fiscal 2026, Emerson repurchased $898 million of shares and paid $935 million of dividends. Financing activities used $1.920 billion during the period, including the repurchases and…
• Liquidity and Debt PositionImportance 36 · Surprise 14
  At June 30, 2026, total debt-to-total capital was 39.2% and net debt-to-net capital was 34.9%, compared with 39.3% and 36.2%, respectively, at September 30, 2025. Operating working capital increased $251 million to…
• Geographic Market CommentaryImportance 30 · Surprise 40
  Third-quarter underlying sales increased 10% in the U.S. and 8% in the Americas, while Europe declined 1%. Asia, Middle East and Africa grew 8% overall, although China declined 3%. Over the first nine months, U.S.…
• Supply Chain and InventoryImportance 13 · Surprise 6
  Operating working capital increased $251 million from September 30, 2025, primarily because of higher inventory. The increase indicates that inventory levels rose materially during the first nine months of fiscal 2026.…

8-K · 2026-08-04

• Operating Cash Flow TrendsImportance 80 · Surprise 56
  Third-quarter operating cash flow increased 34% to $1,425 million from $1,062 million. Third-quarter free cash flow increased 36% to $1,323 million from $970 million after $102 million of capital expenditures.…
• Guidance and OutlookImportance 74 · Surprise 68
  Emerson raised its fiscal 2026 outlook following strong third-quarter performance and described demand as healthy. The company expects approximately 5% reported net sales growth and 3.5% underlying sales growth for…
• Capital Return ProgramImportance 68 · Surprise 42
  Emerson expects to return approximately $2.2 billion to shareholders during fiscal 2026. The planned return consists of approximately $1.0 billion of share repurchases and approximately $1.2 billion of dividends.…
• Headcount / RestructuringImportance 65 · Surprise 82
  Third-quarter restructuring and related costs increased to $99 million from $41 million, a 141% year-over-year increase. The largest 2026 charges were $48 million in Final Control, $19 million in Software & Systems,…
• Products and TechnologyImportance 65 · Surprise 48
  Software & Systems was Emerson’s fastest-growing major business in the quarter, with reported and underlying sales up 11% to $1,644 million. Within that business, Test & Measurement sales increased 23% to $445 million,…
• Liquidity and Debt PositionImportance 64 · Surprise 56
  Cash and equivalents increased to $2,180 million at June 30, 2026 from $1,544 million at September 30, 2025. Short-term borrowings and current maturities of long-term debt increased to $5,587 million from $4,797…
• Operating Income and MarginsImportance 59 · Surprise 48
  Third-quarter pretax earnings increased 25% to $916 million from $734 million, while pretax margin expanded 270 basis points to 18.8% from 16.1%. Adjusted segment EBITA increased 13% to $1,387 million, and adjusted…
• Market Demand TrendsImportance 59 · Surprise 48
  Underlying orders increased 7% year over year in the third quarter of fiscal 2026, while underlying sales rose 6% to $4,873 million. Emerson said demand was led by Software & Systems and broad-based growth in North…
• Revenue Performance and MixImportance 49 · Surprise 32
  Third-quarter net sales increased 7% year over year to $4,873 million from $4,553 million, while underlying sales rose 6% excluding currency and significant acquisitions or divestitures. Software & Systems sales rose…
• Capital ExpendituresImportance 47 · Surprise 32
  Emerson spent $284 million on capital expenditures during the first nine months of fiscal 2026, up from $263 million in the prior-year period. Third-quarter capital expenditures were $102 million, up from $92 million…
• Quarterly Dividend DeclarationImportance 43 · Surprise 6
  Emerson declared a quarterly cash dividend of $0.555 per common share on August 4, 2026. The dividend is payable on September 10, 2026. Stockholders of record on August 14, 2026 will receive the payment. Fiscal 2026…
• FX / Currency HeadwindsImportance 31 · Surprise 32
  Currency translation reduced Emerson's reported growth relative to underlying growth during fiscal 2026. For the quarter ended June 30, 2026, companywide reported sales growth was 7% versus 6% underlying growth,…
• Geographic Revenue ShiftImportance 22 · Surprise 32
  Third-quarter sales growth was 8% in the Americas and 8% in Asia, Middle East & Africa. Europe sales declined 1% in the third quarter. For the first nine months, Americas sales increased 6%, Asia, Middle East & Africa…
• Geographic Market CommentaryImportance 22 · Surprise 32
  Third-quarter sales grew 8% in the Americas and 8% in Asia, Middle East & Africa, while Europe declined 1%. Management specifically identified broad-based growth in North America and Asia as drivers of robust demand.…

News · 2026-08-04

• Guidance and OutlookImportance 63 · Surprise 60
  Emerson raised its fiscal 2026 adjusted diluted EPS outlook to approximately $6.55. Fiscal fourth-quarter 2026 EPS guidance is $1.85, above the $1.82 analyst consensus, while revenue guidance is approximately $5.1…
• Guidance / OutlookImportance 63 · Surprise 60
  Emerson raised its fiscal 2026 adjusted diluted EPS outlook to approximately $6.55. The company projects fourth-quarter fiscal 2026 EPS of $1.85 and revenue of approximately $5.1 billion. Management cited continued…
• Revenue Performance and MixImportance 43 · Surprise 32
  Emerson reported fiscal third-quarter 2026 revenue of $4.87 billion, up 7% year over year and above the $4.79 billion analyst estimate. Underlying sales increased 6%, supported by broad-based order growth and stronger…
• Segment Revenue PerformanceImportance 41 · Surprise 48
  Software & Systems underlying sales rose 11% in the fiscal third quarter of 2026. Test & Measurement revenue increased 23%, while the Ovation business also grew 23%, making both businesses major contributors to…
• Gross Margin DriversImportance 39 · Surprise 50
  Emerson’s gross margin expanded to 54.5% in fiscal third-quarter 2026. The company received $82 million of tariff refunds during the quarter, which materially supported the margin improvement. Adjusted segment EBITDA…
• Industrial AI ExpansionImportance 31 · Surprise 42
  Emerson is expanding its industrial AI strategy through the DeltaV Automation Platform for Data Centers, Nigel AI enhancements, and Ovation AI Agents. The initiatives are intended to integrate AI-enabled automation…
• Leadership TransitionImportance 31 · Surprise 42
  Emerson appointed Rudy Sengupta as Senior Vice President, Chief Technology and AI Officer effective August 15, 2026. He will succeed Peter Zornio, who is scheduled to retire at the end of calendar 2026 after two…
• Geographic Market CommentaryImportance 25 · Surprise 32
  North America and Asia were the strongest reported regions for Emerson's fiscal Q3 automation demand. European sales declined 1%, while separate earnings-call coverage cited softness in China and Europe. Demand…
• Macroeconomic Factors ImpactImportance 25 · Surprise 32
  Third-party reporting identified continued softness in China and Europe as a headwind to Emerson’s outlook. European sales were reported down 1%, while demand remained stronger in North America and Asia. The company…
• Quarterly Dividend DeclarationImportance 9 · Surprise 6
  Emerson declared a quarterly cash dividend of $0.555 per common share on August 4, 2026. The dividend is payable September 10, 2026, to shareholders of record as of August 14, 2026. The payment continues Emerson’s…