Emerson Electric Co.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $18.02B | $17.51B | $15.17B | $13.80B | $12.93B | $16.79B | $18.37B | $17.41B |
| Intelligent Devices | — | $12.38B | $11.16B | — | — | $0 | $0 | $0 |
| Software and Control | — | $5.13B | $4.02B | — | — | $0 | $0 | $0 |
| Automation Solutions | — | $0 | $0 | — | — | $11.18B | $12.18B | $11.44B |
| Commercial and Residential Solutions | — | $0 | $0 | — | — | $5.66B | $6.23B | $6.01B |
| Process Management | — | $0 | $0 | — | — | $0 | $0 | $0 |
| Industrial Automation | — | $0 | $0 | — | — | $0 | $0 | $0 |
| Network Power | — | $0 | $0 | — | — | $0 | $0 | $0 |
| Climate Technologies | — | $0 | $0 | — | — | $0 | $0 | $0 |
| Eliminations and Other | — | $-1.0M | $-12.0M | — | — | $-53.0M | $-37.0M | $-42.0M |
| Cost of Revenue | $8.50B | $8.61B | $7.74B | $7.50B | $7.20B | $9.78B | $10.56B | $9.98B |
| Gross Profit | $9.52B | $8.89B | $7.43B | $6.31B | $7.56B | $7.01B | $7.82B | $7.43B |
| Gross Margin | 52.8% | 50.8% | 49.0% | 45.7% | 58.5% | 41.8% | 42.5% | 42.7% |
| Operating Expenses | ||||||||
| Research & Development | $771.0M | $781.0M | $523.0M | $385.0M | $347.0M | $439.0M | $454.0M | $436.0M |
| SG&A Expense | $5.10B | $5.14B | $4.19B | $3.61B | $3.49B | $3.99B | $4.46B | $4.27B |
| Operating Income | $2.93B | $2.02B | $2.90B | $2.43B | $1.91B | $2.34B | $2.86B | $2.67B |
| Operating Margin | 16.3% | 11.5% | 19.1% | 17.6% | 14.8% | 13.9% | 15.6% | 15.3% |
| Interest Expense | — | — | — | — | $147.0M | — | — | — |
| Pretax Income | $2.93B | $2.02B | $2.90B | $2.43B | $1.76B | $2.34B | $2.86B | $2.67B |
| Income Tax Expense | $696.0M | $415.0M | $642.0M | $549.0M | $346.0M | $345.0M | $531.0M | $443.0M |
| Net Income | $2.29B | $1.97B | $13.22B | $3.23B | $2.30B | $1.97B | $2.31B | $2.20B |
| Net Margin | 12.7% | 11.2% | 87.2% | 23.4% | 17.8% | 11.7% | 12.6% | 12.7% |
| EPS (Basic) | $4.06 | $3.44 | $23.00 | $5.44 | $3.85 | $3.26 | $3.74 | $3.48 |
| EPS (Diluted) | $4.04 | $3.43 | $22.88 | $5.41 | $3.82 | $3.24 | $3.71 | $3.46 |
| Shares Outstanding (Basic) | 564.0M | 571.3M | 574.2M | 592.9M | 598.1M | 602.9M | 616.2M | 632.0M |
| Shares Outstanding (Diluted) | 566.7M | 574.0M | 577.3M | 596.3M | 601.8M | 606.6M | 620.6M | 635.3M |
| Dividends Per Share | $2.11 | $2.10 | $2.08 | $2.06 | $2.02 | $2.00 | $1.96 | $1.94 |