EMERSON ELECTRIC CO

EMR· NYSE· Electronic & Other Electrical Equipment (No Computer Equip)

Market cap
–
P/FCF
–
EV/Sales
–
FCF margin
14.8%
ROIC, 5 yr avg
–
Revenue, 5 yr CAGR
+1.4%
We record prices for the companies we cover; EMR is not one of them yet.

Company statistics

From the 10-Ks, computed in code · point at a figure for its formula

Profile · FY2025

Market cap
–
Enterprise value
–
Diluted shares
566.7M
Revenue
$18.0B
Free cash flow
$2.7B
Owner earnings
$2.4B

Valuation · FY2025

P/E
–
P/FCF
–
P/Owner earnings
–
EV/Sales
–
EV/FCF
–
P/B
–

Margins · FY2025

Gross
52.8%
Operating
–
Net
12.7%
Free cash flow
14.8%
Owner earnings
13.3%
Stock pay
1.5%

Returns

ROIC, FY2025
–
ROIC, 5 yr avg
–
ROE, FY2025
11.3%
ROE, 5 yr avg
27.8%

Growth (CAGR)

Revenue, 3 yr
9.3%
Revenue, 5 yr
1.4%
Revenue, 9 yr
2.4%
Diluted EPS, 3 yr
-9.3%
Diluted EPS, 5 yr
4.5%
Diluted EPS, 9 yr
5.4%
Free cash flow, 3 yr
0.6%
Free cash flow, 5 yr
0.9%
Free cash flow, 9 yr
1.0%

Financial health · FY2025

Cash and investments
$1.5B
Total debt
$13.1B
Net debt
$11.6B
Debt/Equity
0.6x
Debt/FCF
4.9x

Shareholder returns · FY2025

Dividend yield
–
Payout ratio
52.0%
Buyback yield
–
Shareholder yield
–
Share count, 5 yr
-1.4%

Financials: ten years from the 10-Ks

Reported numbers open their filing · computed ones show the formula · ˢ split-adjusted

Revenue

$18.0B

+2.4% a year over 9 years

FY2016: Revenue $14.5BFY2017: Revenue $15.3BFY2018: Revenue $17.4BFY2019: Revenue $18.4BFY2020: Revenue $16.8BFY2021: Revenue $12.9BFY2022: Revenue $13.8BFY2023: Revenue $15.2BFY2024: Revenue $17.5BFY2025: Revenue $18.0B
FY2016FY2025

Margins

Gross52.8%Net12.7%

FY2025

FY2016: Gross 43.1%, Net 11.3%FY2017: Gross 42.0%, Net 9.9%FY2018: Gross 42.7%, Net 12.7%FY2019: Gross 42.5%, Net 12.6%FY2020: Gross 41.8%, Net 11.7%FY2021: Gross 58.5%, Net 17.8%FY2022: Gross 45.7%, Net 23.4%FY2023: Gross 49.0%, Net 87.2%FY2024: Gross 50.8%, Net 11.3%FY2025: Gross 52.8%, Net 12.7%
FY2016FY2025

Free cash flow and owner earnings

Free cash flow$2.7BOwner earnings$2.4B

Free cash flow +1.0% a year

FY2016: Free cash flow $2.4B, Owner earnings $2.3BFY2017: Free cash flow $1.4B, Owner earnings $1.3BFY2018: Free cash flow $2.3B, Owner earnings $2.1BFY2019: Free cash flow $2.4B, Owner earnings $2.3BFY2020: Free cash flow $2.5B, Owner earnings $2.4BFY2021: Free cash flow $3.2B, Owner earnings $3.0BFY2022: Free cash flow $2.6B, Owner earnings $2.5BFY2023: Free cash flow $274.0M, Owner earnings $24.0MFY2024: Free cash flow $2.9B, Owner earnings $2.7BFY2025: Free cash flow $2.7B, Owner earnings $2.4B
FY2016FY2025

Diluted shares

566.7M

-12.4% over 9 years, net buybacks

FY2016: Diluted shares 646.8MFY2017: Diluted shares 643.4MFY2018: Diluted shares 635.3MFY2019: Diluted shares 620.6MFY2020: Diluted shares 606.6MFY2021: Diluted shares 601.8MFY2022: Diluted shares 596.3MFY2023: Diluted shares 577.3MFY2024: Diluted shares 574.0MFY2025: Diluted shares 566.7M
FY2016FY2025

Net debt (below zero)

-$11.6B

$11.6B more debt than cash

FY2016: Net cash -$3.4BFY2017: Net cash -$1.6BFY2018: Net cash -$3.7BFY2019: Net cash -$4.2BFY2020: Net cash -$4.2BFY2021: Net cash -$4.3BFY2022: Net cash -$8.6BFY2023: Net cash -$106.0MFY2024: Net cash -$4.1BFY2025: Net cash -$11.6B
FY2016FY2025

Every figure, year by year

Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
The business
Revenue$14.5B$15.3B$17.4B$18.4B$16.8B$12.9B$13.8B$15.2B$17.5B$18.0B
Revenue growth-10.6%5.1%14.0%5.5%-8.6%-23.0%6.7%9.9%15.3%3.0%
Gross margin43.1%42.0%42.7%42.5%41.8%58.5%45.7%49.0%50.8%52.8%
Operating margin––––––––––
Net income$1.6B$1.5B$2.2B$2.3B$2.0B$2.3B$3.2B$13.2B$2.0B$2.3B
Net margin11.3%9.9%12.7%12.6%11.7%17.8%23.4%87.2%11.3%12.7%
Diluted EPS$2.52$2.35$3.46$3.71$3.24$3.82$5.41$22.88$3.43$4.04
Return on invested capital?––––––––––
Cash
Operating cash flow$2.9B$1.9B$2.9B$3.0B$3.1B$3.6B$2.9B$637.0M$3.3B$3.1B
Capital expenditure$447.0M$476.0M$617.0M$594.0M$538.0M$404.0M$299.0M$363.0M$419.0M$431.0M
Free cash flow$2.4B$1.4B$2.3B$2.4B$2.5B$3.2B$2.6B$274.0M$2.9B$2.7B
Stock-based compensation$145.0M$110.0M$216.0M$120.0M$110.0M$197.0M$125.0M$250.0M$260.0M$263.0M
Owner earnings?$2.3B$1.3B$2.1B$2.3B$2.4B$3.0B$2.5B$24.0M$2.7B$2.4B
Free cash flow per share$3.76$2.23$3.58$3.89$4.20$5.27$4.40$0.47$5.07$4.71
Capital allocation
Dividends paid$1.2B$1.2B$1.2B$1.2B$1.2B$1.2B$1.2B$1.2B$1.2B$1.2B
Share repurchases$601.0M$400.0M$1.0B$1.3B$942.0M$500.0M$500.0M$2.0B$435.0M$1.2B
Diluted shares646.8M643.4M635.3M620.6M606.6M601.8M596.3M577.3M574.0M566.7M
Share count change?-4.4%-0.5%-1.3%-2.3%-2.3%-0.8%-0.9%-3.2%-0.6%-1.3%
Balance sheet
Cash and equivalents$3.2B$3.1B$1.1B$1.5B$3.3B$2.4B$1.8B$8.1B$3.6B$1.5B
Short-term investments$99.0M–––––––––
Total debt$6.6B$4.7B$4.8B$5.7B$7.5B$6.7B$10.4B$8.2B$7.7B$13.1B
Net debt$3.4B$1.6B$3.7B$4.2B$4.2B$4.3B$8.6B$106.0M$4.1B$11.6B
Shareholders' equity$7.6B$8.7B$8.9B$8.2B$8.4B$9.9B$10.4B$20.7B$21.6B$20.3B

Latest filings

All on EDGAR
2026-10-138-KEarnings release
2026-08-0410-QQuarterly report
2026-08-048-KEarnings release
2026-05-0510-QQuarterly report
2026-05-058-KEarnings release
2026-02-0310-QQuarterly report
2026-02-038-KEarnings release
2025-12-12DEF 14AProxy statement
2025-11-208-KEarnings release
2025-11-1010-KAnnual report

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