EMR · Full Picture

EMERSON ELECTRIC CO — the full picture

Earnings window · 2026-07-14 to 2026-08-09 · anchored on the 10-Q report

One earnings window, everything merged: the filing, the call, press releases and news digests, folded into ranked threads.

What to look at first

  1. Guidance / Outlook · Guidance & outlookPriority 93
    +15.7% revenue; 3 sources (news, press_release, sec_filing); 14 forward row(s); quote_verified
    Fiscal 2026 operating cash flow expected approximately $4.1 billion and free cash flow expected approximately $3.6 billion (assuming capital spending of approximately $0.45 billion).
  2. Revenue Performance and Mix · Revenue growth & mixPriority 82
    +39.6% revenue (realized); 3 sources (news, press_release, sec_filing); structured_verified
    Q3 FY2026 Software & Systems sales: $1,644, increase of $164, or 11 percent; underlying sales up 11 percent on 7 percent higher volume and 4 percent higher price.
  3. Capital Return Program · Buybacks & dividendsPriority 78
    -4.4% cash; 3 sources (news, press_release, sec_filing); 3 forward row(s); structured_verified
    The 2026 outlook assumes returning approximately $2.2B through approximately $1B share repurchases and approximately $1.2B of dividends.
  4. Operating Cash Flow Trends · Cash flow generationPriority 70
    2 sources (news, press_release); 2 forward row(s); quote_verified
    2026 Q4 Operating Cash Flow guidance: ~$4.1B
  5. Operating Margin Drivers · UnclassifiedPriority 64
    +8.9% net_income (realized); quote_verified
    Q3 FY2026 pretax earnings from continuing operations: $916, increased $182, up 25 percent compared with the prior year.
  6. Gross Margin Drivers · Gross marginPriority 58
    2 sources (news, sec_filing); quote_verified
    Emerson's gross margin expanded to 54.5% in Q3, aided by $82 million in tariff refunds.
  7. Market Demand Trends · Demand, orders & backlogPriority 55
    2 sources (news, press_release); quote_verified
    2026 Q3 Underlying Orders: 7%
  8. Operating Expense Trends · Operating expenses (SG&A)Priority 55
    +3.8% operating_income (realized); structured_verified
    Nine months other deductions, net were $744 in 2026, a decrease of $200 compared with prior year due to $175 decrease in acquisition/divestiture fees and related costs and lower amortization.
  9. Interest Rate and Refinancing Exposure · Interest ratesPriority 54
    -2.3% net_income (realized); structured_verified
    During Q1 FY2026 the Company repaid €500 of 1.25% euro notes that matured in October 2025.
  10. Quarterly Dividend Declaration · Buybacks & dividendsPriority 53
    2 sources (news, press_release); 2 forward row(s); quote_verified
    Emerson declared a quarterly cash dividend of $0.555 per share of common stock payable September 10, 2026 to stockholders of record on August 14, 2026.
  11. FX / Currency Headwinds · Currency / FXPriority 52
    -1.3% revenue; 2 sources (press_release, sec_filing); 1 forward row(s); quote_verified
    2026 Underlying Growth Guidance shows (Favorable) / Unfavorable FX of - ~ (1.5 pts) for full year guidance
  12. Operating Income and Margins · Operating income & profitabilityPriority 51
    quote_verified
    2026 Q3 Pretax Earnings: $916 million, margin 18.8%

Threads by pillar

Revenue & Demand Priority 89 · 8 threads

Costs & Margins Priority 74 · 5 threads

Capital & Balance Sheet Priority 88 · 6 threads

Strategy & Portfolio Priority 36 · 2 threads

Legal, Regulatory & Policy Priority 41 · 1 thread

Guidance & Outlook Priority 93 · 1 thread

Macro & Market Conditions Priority 68 · 4 threads

Management & Governance Priority 30 · 1 thread

Unclassified Priority 64 · 1 thread

Expected impact by metric

metricforward netforward grossrealized
revenue+14.5%+17.0%+39.6%
cash-5.3%+5.3%+0.5%
operating_income——+8.1%
margin——-0.8%
net_income——+6.5%