EMR · 10-K · 2026A

EMERSON ELECTRIC CO

Filed 2026-11-09 · Technology · View original filing on EDGAR

Everything EMR's SEC filings said, ranked

Ranked Events

• Liquidity and Debt PositionImportance 76 · Surprise 56
  At September 30, 2026, Emerson reported total debt of $7.687 billion, down from $13.116 billion in 2025, and common stockholders’ equity of $21.636 billion. The debt-to-total-capital ratio declined to 26.2% from 39.3%…
• Guidance and OutlookImportance 74 · Surprise 68
  For fiscal 2027, Emerson expects consolidated net sales from continuing operations and underlying sales to each increase approximately 5%. The company projects diluted EPS of approximately $5.70 and adjusted diluted…
• Acquisition / Partnership / DivestitureImportance 71 · Surprise 60
  Emerson describes portfolio management as part of its strategy to build a higher-growth, higher-margin industrial technology portfolio and global automation leader. On March 12, 2025, it purchased the remaining…
• Capital Return ProgramImportance 63 · Surprise 50
  Emerson paid $1.244 billion in dividends during fiscal 2026, or $2.22 per share, compared with $1.192 billion and $2.11 per share in 2025. The company repurchased $1.000 billion of common stock in 2026, buying 7.2…
• Operating Income and MarginsImportance 59 · Surprise 48
  Fiscal 2026 pretax earnings from continuing operations increased 20% to $3.489 billion, while adjusted EBITA rose to $5.054 billion and its margin increased 0.5 percentage points to 26.6%. Software & Systems earnings…
• Quarterly Dividend DeclarationImportance 56 · Surprise 50
  Emerson paid $2.22 per share in dividends during fiscal 2026, totaling $1.244 billion. In November 2026, the Board voted to increase the quarterly cash dividend to an annualized rate of $2.38 per share. The fiscal 2026…
• Software & Systems DemandImportance 54 · Surprise 40
  Software & Systems sales reached $6.3 billion in fiscal 2026, up 8%, with underlying sales increasing 7% on 4% higher volume and 3% higher price. Demand in power and life sciences supported Control Systems & Software,…
• Segment Revenue PerformanceImportance 54 · Surprise 40
  Software & Systems generated $6.3 billion of fiscal 2026 sales, up 8%, with underlying sales up 7%; Control Systems & Software sales increased 6% and Test & Measurement sales increased 17%. Intelligent Devices sales…
• Income Tax Rate ChangesImportance 50 · Surprise 58
  Emerson’s effective tax rate was 23% in fiscal 2026, compared with 24% in 2025 and 21% in 2024; income taxes were $796 million, $690 million, and $420 million, respectively. The OBBBA increased the 2026 effective rate…
• Operating Cash Flow TrendsImportance 49 · Surprise 32
  Operating cash flow from continuing operations increased 8% to $3.978 billion in fiscal 2026, reflecting higher earnings partly offset by increased operating working capital. Operating working capital rose to 11.9% of…
• Geographic Revenue ShiftImportance 49 · Surprise 32
  International destination sales, including U.S. exports, increased 3% to $10.9 billion in fiscal 2026 and represented 58% of total sales. Underlying international destination sales increased 1%, with Asia, Middle East…
• Interest Expense IncreaseImportance 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…
• Market Demand TrendsImportance 43 · Surprise 32
  Fiscal 2026 underlying sales increased 4%, with price up 3% and volume up 1%; sales growth was achieved despite an approximately 1% negative effect from software-renewal timing and the Middle East conflict. Underlying…
• Revenue Performance and MixImportance 43 · Surprise 32
  Fiscal 2026 net sales rose 5% to $18.982 billion from $18.016 billion, while underlying sales increased 4% on 3% higher price and 1% higher volume. Software & Systems sales increased 8%, Intelligent Devices sales…
• Gross Margin DriversImportance 40 · Surprise 42
  Fiscal 2026 gross profit increased to $10.128 billion from $9.519 billion, and gross margin rose 0.6 percentage points to 53.4%. Favorable price less net material inflation and $121 million of IEEPA tariff refunds…
• Operating Expense TrendsImportance 36 · Surprise 14
  Fiscal 2026 SG&A expense increased $193 million to $5.296 billion, while SG&A declined 0.4 percentage points as a share of sales to 27.9%. Cost-reduction savings and leverage on higher sales drove the lower expense…
• Interest Rate EnvironmentImportance 35 · Surprise 48
  At September 30, 2026, the U.S. pension-plan discount rate was 6.41%, up from 5.27% in 2025. A 0.25 percentage-point decrease in U.S. and non-U.S. discount rates would have increased the total projected benefit…
• Headcount / RestructuringImportance 28 · Surprise 42
  Fiscal 2026 Safety & Productivity earnings decreased $2 million to $416 million, and its operating margin fell 0.6 percentage points to 19.2% because of increased restructuring costs. Intelligent Devices margin…

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