EMR · 10-Q · 2026Q2 · Full report

Supply Chain and Inventory

EMERSON ELECTRIC CO · 2026-08-04 · Importance 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. The filing does not identify component shortages, supplier disruptions or lead-time changes. Higher working capital partially offset the benefit of higher earnings in operating cash flow.

Key facts

• Operating working capital as of June 30, 2026: $2,290, increased $251 compared to September 30, 2025 ($2,039), primarily reflecting an increase in inventory. source