EMR · 10-K · 2026A · Full report

Interest Expense Increase

EMERSON ELECTRIC CO · 2026-11-09 · Importance 46 · Surprise 56

Net interest expense increased to $334 million in fiscal 2026 from $237 million in 2025, a 41% increase. The increase reflected short-term borrowings and long-term debt used to fund the March 2025 AspenTech transaction. Interest expense was $175 million in 2024, so the 2026 amount was nearly double the 2024 level.

Key facts

• Fiscal 2026 interest expense, net, was $334 million, compared with $237 million in 2025 and $175 million in 2024; the 2026 increase reflected borrowings to fund the AspenTech transaction. source