Emerson Electric Co.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $15.26B | $14.52B | $16.25B | $17.73B | $24.67B | $24.41B | $24.22B | $21.04B |
| Intelligent Devices | $0 | $0 | — | — | — | — | — | — |
| Software and Control | $0 | $0 | — | — | — | — | — | — |
| Automation Solutions | $9.43B | $8.71B | — | — | — | — | — | — |
| Commercial and Residential Solutions | $5.87B | $5.85B | — | — | — | — | — | — |
| Process Management | $0 | $0 | — | — | — | — | — | — |
| Industrial Automation | $0 | $0 | — | — | — | — | — | — |
| Network Power | $0 | $0 | — | — | — | — | — | — |
| Climate Technologies | $0 | $0 | — | — | — | — | — | — |
| Eliminations and Other | $-40.0M | $-31.0M | — | — | — | — | — | — |
| Cost of Revenue | $8.83B | $8.26B | $9.24B | $9.97B | $14.72B | $14.64B | $14.67B | $12.71B |
| Gross Profit | $6.40B | $6.26B | $7.01B | $10.16B | $9.95B | $9.77B | $9.56B | $8.33B |
| Gross Margin | 42.0% | 43.1% | 43.1% | 57.3% | 40.3% | 40.0% | 39.5% | 39.6% |
| Operating Expenses | ||||||||
| Research & Development | $340.0M | $320.0M | $336.0M | $356.0M | $576.0M | $547.0M | $555.0M | $473.0M |
| SG&A Expense | $3.61B | $3.46B | $3.74B | $4.16B | $5.65B | $5.44B | $5.33B | $4.82B |
| Operating Income | $2.34B | $2.32B | $3.81B | $3.19B | $3.20B | $3.12B | $3.63B | $2.88B |
| Operating Margin | 15.3% | 15.9% | 23.4% | 18.0% | 13.0% | 12.8% | 15.0% | 13.7% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $2.34B | $2.32B | $3.81B | $3.19B | $3.20B | $3.12B | $3.63B | $2.88B |
| Income Tax Expense | $660.0M | $697.0M | $1.27B | $953.0M | $1.13B | $1.09B | $1.13B | $848.0M |
| Net Income | $1.52B | $1.64B | $2.71B | $2.15B | $2.00B | $1.97B | $2.48B | $2.16B |
| Net Margin | 9.9% | 11.3% | 16.7% | 12.1% | 8.1% | 8.1% | 10.2% | 10.3% |
| EPS (Basic) | $2.35 | $2.53 | $4.01 | $3.05 | $2.78 | $2.68 | $3.29 | $2.87 |
| EPS (Diluted) | $2.35 | $2.52 | $3.99 | $3.03 | $2.76 | $2.67 | $3.27 | $2.84 |
| Shares Outstanding (Basic) | 642.1M | 644.0M | 673.3M | 700.2M | 717.7M | 730.6M | 748.5M | 750.7M |
| Shares Outstanding (Diluted) | 643.4M | 646.8M | 676.5M | 704.1M | 722.9M | 734.6M | 753.5M | 757.0M |
| Dividends Per Share | $1.92 | $1.90 | $1.88 | $1.72 | $1.64 | $1.60 | $1.38 | $1.34 |