Emerson Electric Co. (EMR) SEC Filings & Earnings Calls
EquiReason read 13 Emerson Electric Co. SEC filings in the last 12 months. Latest: 8-K on 2026-10-13 — Emerson Electric files recast historical financials for FY2024, FY2025, and first three quarters of FY2026, adjusting other deductions and tax items; net earnings changes are small.
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 90.1B
- P/E TTM
- 35.4
- Dividend yield
- 1.4%
- 52-week
- —
- Next earnings
- 4 Nov, in 11 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
13 Oct 20268-K · 2.02Emerson Electric files recast historical financials for FY2024, FY2025, and first three quarters of FY2026, adjusting other deductions and tax items; net earnings changes are small (e.g., FY2025 net earnings revised from $2,293M to $2,270M)open
Figures in the filing · each found in the filing text
| Net sales · FY2025 | $18.02B | |
| Net earnings common stockholders · FY2025 | $2.27B | |
| Diluted earnings per common share · FY2025 | $1.07 | |
| Adjusted earnings per common share · FY2025 | $1.62 | |
| Net sales · 9M FY2026 | $13.78B | |
| Net earnings common stockholders · 9M FY2026 | $1.95B | |
| Diluted earnings per common share · 9M FY2026 | $3.46 | |
| Adjusted earnings per common share · 9M FY2026 | $4.72 |
Risks flagged
Recast adjustments, though immaterial, may indicate complexity in accounting for other deductions and tax items; no operational impact.
“Adjustments range from -$28M to +$6M on net earnings; no change to net sales.”
4 Aug 20268-K · 2.02Net Sales $4.87B (+7% y/y); Underlying Orders 7; Adjusted Segment EBITA $1.39B (+13% y/y); Guidance: FY2026 Net Sales Growth ~5%, Underlying Sales Growth ~3.5%, Adjusted EPS ~$6.55, Free Cash Flow ~$3.6Bearningsopen
Figures in the filing · each found in the filing text
| Net Sales · Q3-2026 | $4.87B | +7% y/y |
| Underlying Orders · Q3-2026 | 7.0% | |
| Adjusted Segment EBITA · Q3-2026 | $1.39B | +13% y/y |
| Adjusted Earnings Per Share · Q3-2026 | $1.71 | +13% y/y |
| Free Cash Flow · Q3-2026 | $1.32B | +36% y/y |
| Operating Cash Flow · Q3-2026 | $1.43B | +34% y/y |
Guidance
FY2026 Net Sales Growth ~5%, Underlying Sales Growth ~3.5%, Adjusted EPS ~$6.55, Free Cash Flow ~$3.6B
Raising full-year guidance reflecting strong Q3 beat and healthy demand; secular tailwinds support sustained investment
Risks flagged
Geopolitical risk from Middle East conflict; company notes fluid situation
“The conflict in the Middle East remains fluid, and I am proud of our team's ability to deliver results” · word for word
4 Aug 202610-QEmerson reported strong Q3 2026 results with 7% sales growth, 24% EPS growth, and raised guidance.earningsopen
Figures in the filing · each found in the filing text
| Net sales · Q3-2026 | $4.87B | +7% y/y |
| Underlying sales growth · Q3-2026 | 6.0% | |
| Gross profit · Q3-2026 | $2.65B | +11% y/y |
| Gross margin · Q3-2026 | 54.5% | |
| SG&A expense · Q3-2026 | $1.34B | +6% y/y |
| Earnings from continuing operations before income taxes · Q3-2026 | $916M | +25% y/y |
| Earnings from continuing operations attributable to common stockholders · Q3-2026 | $718M | +24% y/y |
| Diluted EPS from continuing operations · Q3-2026 | $1.28 | +24% y/y |
| Adjusted diluted EPS from continuing operations · Q3-2026 | $1.71 | +13% y/y |
| Software & Systems sales · Software & Systems · Q3-2026 | $1.64B | +11% y/y |
Guidance
FY2026 net sales +5%, underlying sales +3.5%, adjusted EPS ~$6.55, operating cash flow ~$4.1B, free cash flow ~$3.6B
Fiscal 2026 outlook: net sales up ~5%, underlying sales up ~3.5%, adjusted EPS ~$6.55, free cash flow ~$3.6B.
Risks flagged
China Demand Weakness
“China down 3 percent” · word for word
Tariff Refund Uncertainty
“The timing and amount of any further tariff refunds remain uncertain, and, accordingly, no benefit was recognized as of June 30, 2026 for any additional potential refunds related to IEEPA tariffs previously paid.” · word for word
Middle East Conflict Impact
“volume was negatively impacted by approximately 1.5 percent related to the timing of software renewals and the conflict in the Middle East.” · word for word
5 May 202610-QNet sales $4.56B (+3% y/y); Underlying sales growth 0.5; Gross margin 53.1; Guidance: FY2026 net sales +4.5%; underlying +3%; adjusted EPS $6.45-$6.55open
Figures in the filing · each found in the filing text
| Net sales · Q2-2026 | $4.56B | +3% y/y |
| Underlying sales growth · Q2-2026 | 0.5% | |
| Gross margin · Q2-2026 | 53.1% | |
| Adjusted diluted EPS · Q2-2026 | $1.54 | +4% y/y |
| Test & Measurement underlying sales growth · Test & Measurement · Q2-2026 | 12.0% | |
| Free cash flow · H1-2026 | $1.30B | -10% y/y |
Guidance
FY2026 net sales +4.5%; underlying +3%; adjusted EPS $6.45-$6.55
Guidance reaffirmed with moderate growth expectations; adjusted EPS range implies ~4% growth at midpoint.
Risks flagged
Middle East conflict impact
“Underlying sales were up 0.5 percent, including a negative 1 percent impact related to the conflict in the Middle East.” · word for word
Tariff uncertainty
“The amount and timing of any tariff refunds Emerson may be eligible for remains uncertain and accordingly, the Company did not record a benefit related to potential refunds of IEEPA tariffs paid as of March 31, 2026.” · word for word
China demand weakness
“China down 9 percent (underlying sales).”
3 Feb 20268-K · 2.02Underlying Orders 9; Net Sales $4.35B (+4% y/y); Underlying Sales 2; Guidance: FY2026 adj. EPS guidance raised to $6.40-$6.55; net sales growth ~5.5%; underlying sales ~4%earningsopen
Figures in the filing · each found in the filing text
| Underlying Orders · Q1-2026 | 9.0% | |
| Net Sales · Q1-2026 | $4.35B | +4% y/y |
| Underlying Sales · Q1-2026 | 2.0% | |
| Pretax Earnings · Q1-2026 | $775M | 0% y/y |
| Adjusted Segment EBITA · Q1-2026 | $1.20B | +3% y/y |
| GAAP Earnings Per Share · Q1-2026 | $1.07 | +5% y/y |
| Adjusted Earnings Per Share · Q1-2026 | $1.46 | +6% y/y |
| Operating Cash Flow · Q1-2026 | $699M | -10% y/y |
| Free Cash Flow · Q1-2026 | $602M | -13% y/y |
Guidance
FY2026 adj. EPS guidance raised to $6.40-$6.55; net sales growth ~5.5%; underlying sales ~4%
FY2026 guidance raised across sales, EPS, and cash flow; strong demand momentum; shareholder return program of ~$2.2B.
Risks flagged
Geopolitical and macroeconomic risks including Russia-Ukraine conflict, tariffs, inflation, and currency conditions could impact future results.
“Examples of risks and uncertainties that may cause our actual results or performance to be materially different include the scope, duration and ultimate impacts of the Russia-Ukraine and other global conflicts, as well as economic and currency conditions, market demand, pricing, protection of intellectual property, cybersecurity, tariffs, competitive and tec” · word for word
3 Feb 202610-QEmerson reported Q1 FY2026 results with 4% net sales growth, 2% underlying sales growth, and 6% adjusted EPS growth, while raising FY2026 guidance.earningsopen
Figures in the filing · each found in the filing text
| Net Sales · Q1-2026 | $4.35B | +4% y/y |
| Underlying Sales Growth · Q1-2026 | 2.0% | |
| Adjusted Diluted Earnings Per Share · Q1-2026 | $1.46 | +6% y/y |
| Diluted Earnings Per Share · Q1-2026 | $1.07 | +5% y/y |
| Gross Margin · Q1-2026 | 53.2% | |
| Adjusted EBITA Margin · Q1-2026 | 26.3% | |
| Free Cash Flow · Q1-2026 | $602M | -13% y/y |
| Backlog · 2025-12-31 | $9.20B | |
| Software & Systems Sales · Software & Systems · Q1-2026 | $1.45B | +5% y/y |
| Intelligent Devices Sales · Intelligent Devices · Q1-2026 | $2.39B | +4% y/y |
Guidance
FY2026 net sales +5.5%, underlying +4%, adjusted EPS $6.40-$6.55, free cash flow $3.5-$3.6B
FY2026 guidance raised: net sales +5.5%, underlying +4%, adjusted EPS $6.40-$6.55, free cash flow $3.5-$3.6B.
Risks flagged
Tariff Impact on Margins
“Gross margin was negatively impacted by tariffs, which were more than offset by targeted price actions but diluted margins, and the timing of software renewals. In total, these items negatively impacted gross margin by approximately 0.9 percentage points.” · word for word
China Demand Weakness
“The Americas was up 3 percent, Europe was up 3 percent, while Asia, Middle East & Africa was flat (China down 5 percent).” · word for word
Software Renewal Timing Volatility
“Underlying sales were up 2 percent on 3 percent higher price, offset by 1 percent lower volume due to a negative impact related to the timing of software renewals.” · word for word
12 Dec 2025DEF 14AEmerson filed its definitive proxy statement for the 2026 Annual Meeting, detailing executive compensation, board declassification proposal, and strong FY2025 financial results.open
Figures in the filing · each found in the filing text
| Net Sales · FY2025 | $18.02B | +3% y/y |
| Earnings Per Share · FY2025 | $4.03 | +43% y/y |
| Adjusted Earnings Per Share · FY2025 | $6.00 | +9% y/y |
| Pretax Earnings Margin · FY2025 | 16.3% | |
| Adjusted Segment EBITA Margin · FY2025 | 27.6% | |
| Capital Expenditures · FY2025 | $431M | +3% y/y |
| Dividends Paid · FY2025 | $1.20B | |
| Share Repurchases · FY2025 | $1.20B |
Guidance
Target to return $10 billion by 2028 through dividend growth and $6 billion in share repurchases; targeting organic growth +4-7% through the cycle
Management provided a positive forward outlook with specific targets for organic growth (4-7% through cycle), margin expansion, and a $10B capital return program by 2028.
Risks flagged
Portfolio Transformation Execution Risk
“The recent transformation of the portfolio has occurred through the Company’s large-scale and focused M&A.” · word for word
Geopolitical and Macroeconomic Risk
“Examples of risks and uncertainties that may cause our actual results or performance to be materially different from those expressed or implied by forward looking statements include the scope, duration and ultimate impacts of the Russia-Ukraine and other global conflicts, as well as economic and currency conditions, market demand, pricing, protection of inte” · word for word
20 Nov 20258-K · 2.02Control Systems & Software sales FY2025 $4.33B; Test & Measurement sales FY2025 $1.49B; Software & Systems sales FY2025 $5.82Bearningsopen
Figures in the filing · each found in the filing text
| Control Systems & Software sales FY2025 · Control Systems & Software · FY2025 | $4.33B | |
| Test & Measurement sales FY2025 · Test & Measurement · FY2025 | $1.49B | |
| Software & Systems sales FY2025 · Software & Systems · FY2025 | $5.82B | |
| Sensors sales FY2025 · Sensors · FY2025 | $4.13B | |
| Final Control sales FY2025 · Final Control · FY2025 | $5.95B | |
| Intelligent Devices sales FY2025 · Intelligent Devices · FY2025 | $10.09B | |
| Safety & Productivity sales FY2025 · Safety & Productivity · FY2025 | $2.11B |
Risks flagged
No material risk; segment reclassification is a reporting change.
“Supplemental segment data only; no adverse events.”
10 Nov 202510-KRevenue $18.02B (+2% y/y); Gross Margin 52.8; Adjusted EBITA $4.69B (+8% y/y); Guidance: FY2026 net sales +5.5% (underlying +4%), adjusted EPS $6.35-$6.55, operating cash flow $4.0-$4.1B, free cash flow $3.5-$3.6Bopen
Figures in the filing · each found in the filing text
| Revenue · FY2025 | $18.02B | +2% y/y |
| Gross Margin · FY2025 | 52.8% | |
| Adjusted EBITA · FY2025 | $4.69B | +8% y/y |
| Adjusted EBITA Margin · FY2025 | 26.0% | |
| Free Cash Flow · FY2025 | $3.25B | +12% y/y |
| Capital Expenditures · FY2025 | $431M | +3% y/y |
| Intelligent Devices Sales · Intelligent Devices · FY2025 | $12.40B | +2% y/y |
| Software and Control Sales · Software and Control · FY2025 | $5.69B | +5% y/y |
| Adjusted Diluted EPS · FY2025 | $6.00 | +9% y/y |
Guidance
FY2026 net sales +5.5% (underlying +4%), adjusted EPS $6.35-$6.55, operating cash flow $4.0-$4.1B, free cash flow $3.5-$3.6B
FY2026 guidance implies continued growth with underlying sales +4%, adjusted EPS +6-9%, and strong cash generation, supported by share repurchases and dividend increase.
Risks flagged
Elevated leverage from AspenTech acquisition
“Total debt-to-total capital ratio increased to 39.3% from 26.2% in 2024, reflecting increased short-term borrowings and long-term debt to fund the AspenTech transaction.”
China revenue decline
“China down 3% in Intelligent Devices and down 6% in Software and Control.”
Discrete Automation and Safety & Productivity softness
“Discrete Automation sales +1% U/L, Safety & Productivity -3% U/L, reflecting softness in Europe and Asia.”
5 Nov 20258-K · 2.02, 8.01Net Sales $4.86B (+5% y/y); Pretax Earnings $796M (+17% y/y); Adjusted Segment EBITA $1.33B (+10% y/y); Guidance: FY2026: net sales growth ~5.5%; adjusted EPS $6.35-6.55; free cash flow $3.5-3.6Bearningsopen
Figures in the filing · each found in the filing text
| Net Sales · global · Q4-2025 | $4.86B | +5% y/y |
| Pretax Earnings · global · Q4-2025 | $796M | +17% y/y |
| Adjusted Segment EBITA · global · Q4-2025 | $1.33B | +10% y/y |
| GAAP Earnings Per Share · global · Q4-2025 | $1.12 | +15% y/y |
| Adjusted Earnings Per Share · global · Q4-2025 | $1.62 | +9% y/y |
| Operating Cash Flow · global · Q4-2025 | $1.01B | -6% y/y |
| Free Cash Flow · global · Q4-2025 | $843M | -7% y/y |
| Underlying Orders Growth · global · Q4-2025 | 4.0% |
Guidance
FY2026: net sales growth ~5.5%; adjusted EPS $6.35-6.55; free cash flow $3.5-3.6B
Initial FY2026 outlook: ~5.5% net sales growth, ~4% underlying sales growth; adjusted EPS $6.35-6.55; ~$2.2B capital return to shareholders.
Risks flagged
Global economic uncertainty: Exposure to global conflicts, tariffs, and inflation could impact demand.
“Risks include Russia-Ukraine conflict, economic conditions, tariffs, inflation.”
Integration risk: Continued integration of AspenTech and Test & Measurement requires execution.
“Delivering on commitment to achieve $200M of run-rate cost synergies.”
Emerson Electric Co. — questions
- What did Emerson Electric Co. file recently?
- 13 SEC filings in the last 12 months. Latest: 8-K on 2026-10-13 — Emerson Electric files recast historical financials for FY2024, FY2025, and first three quarters of FY2026, adjusting other deductions and tax items; net earnings changes are small (e.g., FY2025 net earnings revised from $2,293M to $2,270M)
Every figure on this page comes from Emerson Electric Co.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.