Emerson Electric Co., a technology and software company, provides various solutions in the Americas, Asia, the Middle East, Africa, and Europe. It operates through Final Control, Measurement & Analytical, Discrete Automation, Safety & Productivity, Control Systems & Software, and Test & Measurement segments. The Final Control segment provides control valves, isolation valves, shutoff valves, pressure relief valves, pressure safety valves, actuators, and regulators for process and hybrid industries under Anderson Greenwood, Bettis, Crosby, Fisher, Keystone, KTM, and Vanessa brands. The Measurement & Analytical segment supplies intelligent instrumentation measuring the physical properties of liquids or gases, such as pressure, temperature, level, flow, acoustics, corrosion, pH, conductivity, water quality, toxic gases, and flame under the Flexim, Micro Motion, and Rosemount brands. The Discrete Automation segment includes solenoid valves, pneumatic valves, valve position indicators, pneumatic cylinders and actuators, air preparation equipment, pressure and temperature switches, electric linear motion solutions, programmable automation control systems and software, electrical distribution equipment, and materials joining solutions used primarily in discrete industries under the Afag, Appleton, ASCO, Aventics, Branson, Movicon, PACSystems, SolaHD, TESCOM, and TopWorx brands. The Safety & Productivity segment delivers tools for professionals and homeowners that support infrastructure, promote safety, and enhance productivity under the Greenlee, Klauke, ProTeam, and RIDGID brands. The Control Systems & Software segment provides control systems and software that control plant processes by collecting and analyzing information from measurement devices in the plant under the DeltaV and Ovation brands. The Test & Measurement offers software-connected automated test and measurement systems. The company was incorporated in 1890 and is headquartered in Saint Louis, Missouri.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $18.0B | $4.8B | $2.3B | $2.7B | 11.3% | 3.0% | 16.5% |
| 2024 | $17.5B | $4.0B | $2.0B | $2.9B | 9.1% | 15.3% | -85.1% |
| 2023 | $15.2B | $4.2B | $13.2B | $274M | 63.9% | 9.9% | 309.1% |
| 2022 | $13.8B | $3.5B | $3.2B | $2.6B | 31.2% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 13,804 | 15,165 | 17,492 | 18,016 |
| Operating Revenue | - | 13,804 | 15,165 | 17,492 | 18,016 |
| Cost Of Revenue | - | 7,498 | 7,738 | 8,607 | 8,497 |
| Gross Profit | - | 6,306 | 7,427 | 8,885 | 9,519 |
| Operating Expense | - | 3,950 | 4,668 | 6,219 | 5,987 |
| Selling General And Administration | - | 3,614 | 4,186 | 5,142 | 5,103 |
| Total Expenses | - | 11,448 | 12,406 | 14,826 | 14,484 |
| Operating Income | - | 2,356 | 2,759 | 2,666 | 3,532 |
| EBITDA | - | 3,502 | 4,215 | 4,032 | 4,839 |
| Normalized EBITDA | - | 3,785 | 4,384 | 4,461 | 5,281 |
| EBIT | - | 2,660 | 3,164 | 2,343 | 3,321 |
| Interest Income | - | 34 | 268 | 234 | 150 |
| Interest Expense | - | 228 | 261 | 323 | 387 |
| Net Interest Income | - | -194 | 7 | -89 | -237 |
| Other Non Operating Income Expenses | - | 100 | 145 | -207 | 81 |
| Other Income Expense | - | 270 | 137 | -557 | -361 |
| Interest Income Non Operating | - | 34 | 268 | 234 | 150 |
| Interest Expense Non Operating | - | 228 | 261 | 323 | 387 |
| Net Non Operating Interest Income Expense | - | -194 | 7 | -89 | -237 |
| Pretax Income | - | 2,432 | 2,903 | 2,020 | 2,934 |
| Tax Provision | - | 549 | 642 | 415 | 696 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -63.96 | -37.35 | -88.37 | -104.75 |
| Net Income Continuous Operations | - | 1,883 | 2,261 | 1,605 | 2,238 |
| Net Income From Continuing And Discontinued Operation | - | 3,231 | 13,219 | 1,968 | 2,293 |
| Net Income From Continuing Operation Net Minority Interest | - | 1,884 | 2,280 | 1,618 | 2,285 |
| Net Income | - | 3,231 | 13,219 | 1,968 | 2,293 |
| Net Income Common Stockholders | - | 3,231 | 13,219 | 1,968 | 2,293 |
| Net Income Including Noncontrolling Interests | - | 3,230 | 13,200 | 1,955 | 2,246 |
| Normalized Income | - | 2,103.04 | 2,411.65 | 1,958.63 | 2,622.25 |
| Diluted NI Availto Com Stockholders | - | 3,231 | 13,219 | 1,968 | 2,293 |
| Basic Average Shares | - | 591.40 | 572 | 570.20 | 562.80 |
| Diluted Average Shares | - | 596.30 | 577.30 | 574 | 566.70 |
| Reconciled Depreciation | - | 842 | 1,051 | 1,689 | 1,518 |
| Reconciled Cost Of Revenue | - | 6,992 | 7,169 | 7,995 | 7,863 |
| Total Unusual Items | - | -283 | -169 | -429 | -442 |
| Total Unusual Items Excluding Goodwill | - | -283 | -169 | -429 | -442 |
| Minority Interests | - | 1 | 19 | 13 | 47 |
| Net Income Discontinuous Operations | - | 1,347 | 10,939 | 350 | 8 |
| Special Income Charges | - | -301 | -188 | -324 | -350 |
| Gain On Sale Of Business | - | -135 | -47 | 0 | 0 |
| Write Off | - | - | - | - | 0 |
| Restructuring And Mergern Acquisition | - | 166 | 141 | 324 | 350 |
| Gain On Sale Of Security | - | 18 | 19 | -105 | -92 |
| Depreciation Amortization Depletion Income Statement | - | 336 | 482 | 1,077 | 884 |
| Depreciation And Amortization In Income Statement | - | 336 | 482 | 1,077 | 884 |
| General And Administrative Expense | - | 3,614 | 4,186 | 5,142 | 5,103 |
| Other Gand A | - | 3,614 | 4,186 | 5,142 | 5,103 |
| Earnings From Equity Interest | - | 453 | 161 | 79 | 0 |
| Amortization | - | 336 | 482 | 1,077 | 884 |
| Amortization Of Intangibles Income Statement | - | 336 | 482 | 1,077 | 884 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Emerson Electric Co.this co. | EMR | $79.6B | 34.70β premium | 3.92 | 11.3% | 18.97 |
| Johnson Controls International plc | JCI | $89.9B | 27.33 | 6.96 | 25.5% | 32.48 |
| Waste Management, Inc. | WM | $87.9B | 32.48 | 8.80 | 27.1% | 15.37 |
| CSX Corporation | CSX | $85.9B | 29.73 | 6.53 | 22.0% | 16.62 |
| 3M Company | MMM | $79.7B |
| - |
| - |
| - |
| - |
| - |
| 24.52 |
| 16.95 |
| 69.1% |
| 13.46 |
| FedEx Corporation | FDX | $78.3B | 19.13 | 2.79 | 14.6% | 10.50 |
| Northrop Grumman Corporation | NOC | $77.4B | 18.52 | 4.64 | 25.1% | 12.50 |
| Illinois Tool Works Inc. | ITW | $72.2B | 23.56 | 22.40 | 95.1% | 17.32 |
| Cintas Corporation | CTAS | $72.0B | 39.73 | 15.37 | 38.7% | 26.02 |
| Peer Median | - | 25.92 | 7.88 | 26.3% | 15.99 | |