Emerson Electric Co., commonly known as Emerson, is an American multinational corporation headquartered in St. Louis, Missouri. The Fortune 500 company manufactures and delivers a range of industrial automation and control systems, climate control solutions, measurement and analytical instrumentation, and provides engineering services for industrial, commercial, and consumer markets.3 It was founded by John Wesley Emerson.1 It employed about 134,900 people in 2012.1 Its revenue was $19.6 billion in 2022.1 Its shares trade on NYSE under the symbol EMR.1Wikipedia text CC BY-SA 4.0
$161.36down 0.79 (0.49%)Price as of Oct 16, 2026 at 19:58 UTC
Emerson Electric Co., commonly known as Emerson, is an American multinational corporation headquartered in St. Louis, Missouri. The Fortune 500 company manufactures and delivers a range of industrial automation and control systems, climate control solutions, measurement and analytical instrumentation, and provides engineering services for industrial, commercial, and consumer markets.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Revenue11121314156$18.0B in 2025+3% since 2018Gross profit1611121314176$9.5B in 2025+28% since 2018Net income11121314176$2.3B in 2025+4% since 2018
Revenue6181920$4.9B in Q3 FY2026+7% since Q4 FY2025Gross profit6$2.5B in Q4 FY2025+5% since Q4 FY2025Net income6181920$718.0M in Q3 FY2026+23% since Q4 FY2025
Every line of the income statement as filed: the last 3 fiscal years (annual) or 8 quarters (quarterly), latest first.6
Period ending
2025-09-30
2024-09-30
2023-09-30
Net sales
$18.0B
$17.5B
$15.2B
Cost of sales
$8.5B
$8.6B
$7.7B
Selling, general and administrative expenses
$5.1B
$5.1B
$4.2B
Gain on subordinated interest
$0
-$79.0M
-$161.0M
Loss on Copeland note receivable
$0
$279.0M
$0
Other deductions, net
$1.2B
$1.4B
$506.0M
Interest expense, net of interest income of: 2023, $227; 2024, $148; 2025, $150
$237.0M
$175.0M
$34.0M
Earnings from continuing operations before income taxes
$2.9B
$2.0B
$2.9B
Income taxes
$696.0M
$415.0M
$642.0M
Earnings from continuing operations
$2.2B
$1.6B
$2.3B
Discontinued operations, net of tax of $2,969, $85 and $(4), respectively
$8.0M
$350.0M
$10.9B
Net earnings
$2.2B
$2.0B
$13.2B
Less: Noncontrolling interests in earnings of subsidiaries
-$47.0M
-$13.0M
-$19.0M
Net income (loss) attributable to shareholders
$2.3B
$2.0B
$13.2B
Earnings from continuing operations
$2.3B
$1.6B
$2.3B
Discontinued operations
$8.0M
$350.0M
$10.9B
Earnings from continuing operations, basic (in dollars per share)
$4
$3
$4
Discontinued operations, basic (in dollars per share)
$0
$1
$19
Basic earnings per common share (in dollars per share)
$4.06
$3.44
$23.00
Earnings from continuing operations, diluted (in dollars per share)
$4
$3
$4
Discontinued operations, diluted (in dollars per share)
$0
$1
$19
Diluted earnings per common share (in dollars per share)
$4.04
$3.43
$22.88
Basic (in shares)
564.0M shares
571.3M shares
574.2M shares
Diluted (in shares)
566.7M shares
574.0M shares
577.3M shares
Interest income
$150.0M
$148.0M
$227.0M
Discontinued operation taxes
-$4.0M
$85.0M
$3.0B
Period ending
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
Net sales
$4.9B
$4.6B
$4.4B
$4.2B
$4.6B
$4.4B
$4.4B
$4.1B
Net income (loss) attributable to shareholders
$637.0M
$586.0M
$485.0M
$585.0M
$996.0M
$329.0M
$501.0M
$142.0M
Earnings from continuing operations
$636.0M
$580.0M
$485.0M
$585.0M
$558.0M
$344.0M
$547.0M
$169.0M
Earnings from continuing operations, basic (in dollars per share)
$1
$1
$1
$1
$1
$1
$1
$0
Basic earnings per common share (in dollars per share)
$1.13
$1.04
$0.86
$1.03
$1.74
$0.58
$0.88
$0.25
Earnings from continuing operations, diluted (in dollars per share)
$1
$1
$1
$1
$1
$1
$1
$0
Diluted earnings per common share (in dollars per share)
$1.12
$1.04
$0.86
$1.02
$1.73
$0.57
$0.87
$0.25
Total assets11121314176$42.0B in 2025+106% since 2018Shareholders’ equity11121314176$20.3B in 2025+127% since 2018Cash12136$1.5B in 2025+41% since 2018Long-term debt1611121314176$8.3B in 2025+165% since 2018
Total assets181920$42.2B in Q3 FY2026+1% since Q1 FY2025Shareholders’ equity181920$20.4B in Q3 FY2026+0% since Q1 FY2025Cash181920$2.2B in Q3 FY2026+41% since Q1 FY2025Long-term debt181920$7.5B in Q3 FY2026−10% since Q1 FY2025
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.6
Period ending
2025-09-30
2024-09-30
2023-09-30
2022-09-30
Cash and equivalents
$1.5B
$3.6B
$8.1B
$1.8B
Receivables, less allowances of $121 in 2024 and $123 in 2025
$3.1B
$2.9B
Inventories
$2.2B
$2.2B
Other current assets
$1.7B
$1.5B
Total current assets
$8.6B
$10.2B
Property, plant and equipment, net
$2.9B
$2.8B
Goodwill
$18.2B
$18.1B
$14.5B
Other intangible assets
$9.5B
$10.4B
Other
$2.9B
$2.7B
Total other assets
$30.5B
$31.2B
Total assets
$42.0B
$44.2B
$42.7B
Short-term borrowings and current maturities of long-term debt
$4.8B
$532.0M
Accounts payable
$1.4B
$1.3B
Accrued expenses
$3.6B
$3.9B
Total current liabilities
$9.8B
$5.7B
Long-term debt
$8.3B
$7.2B
Other liabilities
$3.5B
$3.8B
Common stock, $0.50 par value; authorized, 1,200.0 shares; issued, 953.4 shares; outstanding, 570.2 shares in 2024; 562.8 shares in 2025
$477.0M
$477.0M
Additional paid-in-capital
$85.0M
$169.0M
Retained earnings
$40.6B
$40.8B
Accumulated other comprehensive income (loss)
-$821.0M
-$868.0M
Cost of common stock in treasury, 383.2 shares in 2024; 390.6 shares in 2025
-$20.1B
-$19.0B
Common stockholders equity
$20.3B
$21.6B
Noncontrolling interests in subsidiaries
$16.0M
$5.9B
Total equity
$20.3B
$27.5B
$26.6B
Total liabilities and equity
$42.0B
$44.2B
Allowance for doubtful accounts receivables
$123.0M
$121.0M
Common stock, par value (in dollars per share)
$0.50
$0.50
Common stock, shares authorized (in shares)
1.2B shares
1.2B shares
Common stock, shares issued (in shares)
953.4M shares
953.4M shares
Common stock, shares outstanding (in shares)
562.8M shares
570.2M shares
Treasury stock, shares (in shares)
390.6M shares
383.2M shares
Period ending
2025-09-30
2024-09-30
2023-09-30
2022-09-30
Cash and equivalents
$1.5B
$3.6B
$8.1B
$1.8B
Receivables, less allowances of $121 in 2024 and $123 in 2025
$3.1B
$2.9B
Inventories
$2.2B
$2.2B
Other current assets
$1.7B
$1.5B
Total current assets
$8.6B
$10.2B
Property, plant and equipment, net
$2.9B
$2.8B
Goodwill
$18.2B
$18.1B
$14.5B
Other intangible assets
$9.5B
$10.4B
Other
$2.9B
$2.7B
Total other assets
$30.5B
$31.2B
Total assets
$42.0B
$44.2B
$42.7B
Short-term borrowings and current maturities of long-term debt
$4.8B
$532.0M
Accounts payable
$1.4B
$1.3B
Accrued expenses
$3.6B
$3.9B
Total current liabilities
$9.8B
$5.7B
Long-term debt
$8.3B
$7.2B
Other liabilities
$3.5B
$3.8B
Common stock, $0.50 par value; authorized, 1,200.0 shares; issued, 953.4 shares; outstanding, 570.2 shares in 2024; 562.8 shares in 2025
$477.0M
$477.0M
Additional paid-in-capital
$85.0M
$169.0M
Retained earnings
$40.6B
$40.8B
Accumulated other comprehensive income (loss)
-$821.0M
-$868.0M
Cost of common stock in treasury, 383.2 shares in 2024; 390.6 shares in 2025
-$20.1B
-$19.0B
Common stockholders equity
$20.3B
$21.6B
Noncontrolling interests in subsidiaries
$16.0M
$5.9B
Total equity
$20.3B
$27.5B
$26.6B
Total liabilities and equity
$42.0B
$44.2B
Allowance for doubtful accounts receivables
$123.0M
$121.0M
Common stock, par value (in dollars per share)
$0.50
$0.50
Common stock, shares authorized (in shares)
1.2B shares
1.2B shares
Common stock, shares issued (in shares)
953.4M shares
953.4M shares
Common stock, shares outstanding (in shares)
562.8M shares
570.2M shares
Treasury stock, shares (in shares)
390.6M shares
383.2M shares
Cash from operations11121314176$3.1B in 2025+7% since 2018Capital spending11121314176$431.0M in 2025−30% since 2018Free cash flow11121314176$2.7B in 2025+17% since 2018Dividends paid11121314176$1.2B in 2025−3% since 2018Share buybacks11121314176$1.2B in 2025+17% since 2018
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.6
Period ending
2025-09-30
2024-09-30
2023-09-30
Net earnings
$2.2B
$2.0B
$13.2B
Earnings from discontinued operations, net of tax
-$8.0M
-$350.0M
-$10.9B
Depreciation and amortization
$1.5B
$1.7B
$1.1B
Stock compensation
$263.0M
$260.0M
$250.0M
Amortization of acquisition-related inventory step-up
$0
$231.0M
$0
Pension expense (income)
-$12.0M
-$79.0M
-$71.0M
Pension funding
-$46.0M
-$38.0M
-$43.0M
Gain on subordinated interest
$0
-$79.0M
-$161.0M
Loss on Copeland note receivable
$0
$279.0M
$0
Other, net
-$276.0M
-$400.0M
-$429.0M
Cash from continuing operations
$3.7B
$3.3B
$2.7B
Cash from discontinued operations
-$578.0M
$15.0M
-$2.1B
Cash provided by operating activities
$3.1B
$3.3B
$637.0M
Capital expenditures
-$431.0M
-$419.0M
-$363.0M
Purchases of businesses, net of cash and equivalents acquired
-$37.0M
-$8.3B
-$705.0M
Proceeds from subordinated interest
$0
$79.0M
$176.0M
Other, net
-$125.0M
-$114.0M
-$141.0M
Cash from continuing operations
-$593.0M
-$8.8B
-$115.0M
Cash from discontinued operations
$0
$3.4B
$12.5B
Cash provided by (used in) investing activities
-$593.0M
-$5.4B
$12.4B
Net increase (decrease) in short-term borrowings
$1.1B
-$15.0M
-$1.6B
Proceeds from short-term borrowings greater than three months
$8.0B
$322.0M
$395.0M
Payments of short-term borrowings greater than three months
-$4.9B
-$327.0M
-$400.0M
Proceeds from long-term debt
$1.5B
$0
$0
Payments of long-term debt
-$503.0M
-$547.0M
-$741.0M
Dividends paid
-$1.2B
-$1.2B
-$1.2B
Purchases of common stock
-$1.2B
-$435.0M
-$2.0B
AspenTech purchases of common stock
$0
-$208.0M
-$214.0M
Purchase of noncontrolling interest
-$7.2B
$0
$0
Repurchase of AspenTech share awards
-$76.0M
$0
$0
Other, net
-$72.0M
-$44.0M
-$169.0M
Cash used in financing activities
-$4.5B
-$2.5B
-$6.8B
Effect of exchange rate changes on cash and equivalents
Emerson Electric sits at the top of its group. 589 entities, 67 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
"EMERSON PROCESS MANAGEMENT" SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA Subsidiary · Warszawa, Poland
AE VALVES Subsidiary · Saint Louis, Missouri, United States
Aegir Norge Holding AS Subsidiary · Norway
Afag Automation AG Subsidiary · Switzerland
Afag Automation Technology (Shanghai) Co., Ltd. Subsidiary · China
Afag Engineering GmbH Subsidiary · Germany
Afag GmbH Subsidiary · Germany
Afag Holding AG Subsidiary · Switzerland
AGI Mexicana S.A. de C.V. Subsidiary · Mexico
ai mo sheng dian qi (ya zhou) you xian gong si (艾默生電氣(亞洲)有限公司) Subsidiary · Kowloon, Hong Kong
ALCO Controls Subsidiary · Czechia
Alexander Schaeff, Inc. Subsidiary · Delaware, United States
Apex Optimisation SRO Subsidiary · Czechia
Apple JV Holding Corp. Subsidiary · Delaware, United States
APPLETON ELECTRIC LLC Subsidiary · Rosemont, Illinois, United States
APPLETON GROUP CANADA, LTD. Subsidiary · Toronto, Ontario, Canada
Appleton Grp LLC Subsidiary · Delaware, United States
Appleton Holding Corp. Subsidiary · Delaware, United States
and 485 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G; stakes of 5% or more it reported on Schedules 13D and 13G (1 companies). Each entity in the chart links to its source.
What it owns
What Emerson Electric reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
At September 30, 2025, the Company had approximately 120 manufacturing locations worldwide, of which approximately 35 were located in the United States and 85 were located outside the United States, primarily in Europe and Asia, and to a lesser extent in Canada and Latin America. Manufacturing locations by business are: Intelligent Devices, 105, including 35 in the Final Control segment, 25 in the Measurement & Analytical segment, 35 in the Discrete Automation segment, and 10 in the Safety & Productivity segment; and Software and Control, 10, including 2 in the Test & Measurement segment with the remaining in the Control Systems & Software segment. Additionally, there are 5 locations that support multiple segments. The majority of the locations are owned, with the remainder occupied under lease. The Company considers its facilities suitable and adequate for the purposes for which they are used. The Company also maintains a smaller number of administrative, sales, research and development, and distribution facilities.
Emerson was established 1890 in St. Louis, Missouri, as Emerson Electric Manufacturing Co. by Civil War Union veteran John Wesley Emerson to manufacture electric motors using a patent owned by the Scottish-born brothers Charles and Alexander Meston. In 1892, it became the first to sell electric fans in the United States. It expanded its product line to include electric sewing machines, electric dental drills, and power tools.
During World War II, under the leadership of Stuart Symington, Emerson became the world's largest manufacturer of airplane armament. Emerson ranked 52nd among United States corporations in the value of World War II military production contracts.
Emerson provides advanced process automation, control systems, and software to industries such as oil and gas, power generation, chemicals, pharmaceuticals, and water treatment.
Aerospace and Defense Solutions
Emerson Electric also plays a significant role in the aerospace and defense industry, producing high-performance avionics equipment. The AN/APQ series of radar systems, which provide advanced targeting and navigation capabilities for military aircraft, are key products in this segment. Notable products include:
AN/APG-69
AN/APQ-153
Read the full text
AN/APQ-157
AN/APQ-159
Operations
Operating in over 150 countries, Emerson supports industries such as oil and gas, power generation, chemicals, water treatment, and heating, ventilation, and air conditioning systems, aerospace and defense.
In 1962, it acquired the United States Electrical Manufacturing Company as the U.S. Electrical Motors Division, including the brand U.S. Motors. In 1968, it acquired the InSinkErator company.
On December 15, 1999, Emerson Electric acquired Jordan Industries Inc.'s telecommunications equipment division for a total of $440 million, expanding it's interest into the telecommunications industry.
In 2010, Emerson sold its U.S. Motors brand to Nidec Corporation, divesting from the electric motors industry.
On December 1, 2016, Platinum Equity acquired Emerson’s Network Power division for more than $4 billion, rebranding the business as Vertiv.
Read the full text
In July 2018, Emerson completed the acquisition of Textron Tools and Test Businesses for a total of $810 million, which included brands such as Greenlee, Klauke, HD Electric, and Sherman + Reilly. This acquisition further expanded Emerson’s offerings in the professional tools and test equipment market.
On April 1, 2020, Emerson acquired American Governor Company, a provider of technologies used to control hydroelectric turbines.
In October 2022, Emerson reached a deal to sell a controlling interest in its climate technologies business to private equity firm Blackstone Inc. for $14 billion, including debt. The remaining shares were purchased by Blackstone Inc. for $3.5 billion in June 2024.
Following a nearly year-long negotiation, in April 2023, Emerson finalized an agreement to acquire National Instruments for $8.2 billion. This acquisition was designed to enhance Emerson’s automation technology capabilities, adding advanced testing and measurement technologies.
On October 2, 2006, Emerson filed suit in federal court against NBC regarding a scene that appeared in the pilot episode of the network's TV series Heroes. The scene depicted Claire Bennet reaching into an active garbage disposal, severely injuring her hand. Emerson's suit claims the scene "casts the disposer in an unsavory light, irreparably tarnishing the product" by suggesting that serious injuries will result "in the event consumers were to accidentally insert their hand into one".
Emerson asked for a ruling barring future broadcasts of the pilot and to block NBC from using any Emerson trademarks in the future.
On February 23, 2007, the case was dropped. NBC Universal and Emerson Electric settled the lawsuit outside of court.
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
411 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 54 major events, 214 insider forms, 8 large holders, 115 other. The latest 20:
32 open-market trades by officers, directors and large owners since October 2021: 5 buys and 27 sales. Grants, option exercises and gifts are left out.
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
Year
Executive
Age
Salary
Total pay
2025
S. L. KarsanbhaiPresident and Chief Executive Officer
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
From the cover page of the 10-K filed Nov 10, 2025 (Section 12(b) of the Exchange Act).21
Risk factors and legal proceedings
The risks Emerson Electric names in Item 1A of its 10-K filed Nov 10, 2025: 17 risks under these headings, as written.21
Business and Operational Risks
We Operate in Businesses That Are Subject to Competitive Pressures That Could Affect Prices or Demand for Our Products
Our Operating Results Depend in Part on Continued Successful Research, Development and Marketing of New and/or Improved Products and Services, and There Can Be No Assurance That We Will Continue to Successfully Introduce New Products and Services
If We Are Unable to Defend or Protect Our Intellectual Property Rights, the Company's Competitive Position Could Be Adversely Affected
We Engage in Acquisitions and Divestitures, Which Are Subject to Domestic and Foreign Regulatory Requirements, and May Encounter Difficulties in Integrating and Separating These Businesses and Therefore We May Not Realize the Anticipated Benefits
We Use a Variety of Raw Materials and Components in Our Businesses, and Significant Shortages or Price Increases Could Increase Our Operating Costs and Adversely Impact the Competitive Positions of Our Products
Our Operations Depend on Production Facilities Throughout the World, a Majority of Which Are Located Outside the United States and Subject to Increased Risks of Disrupted Production, Causing Delays in Shipments and Loss of Customers and Revenue
Access to Funding Through the Capital Markets is Essential to the Execution of Our Business Plan, and if We Are Unable to Maintain Such Access We Could Experience a Material Adverse Effect on Our Business and Financial Results
Our Business Success Depends on the Ability to Attract, Develop and Retain Key Personnel
Security and/or Data Privacy Breaches, or Disruptions of Our Information Technology Systems Could Adversely Affect Our Business
Our Products and Services are Highly Sophisticated and Specialized, and a Major Product Failure or Similar Event Caused by Defects, Cybersecurity Incidents or Other Failures Could Adversely Affect Our Business, Reputation, Financial Position and Results of Operations
We May Use Artificial Intelligence in Our Businesses and in Our Products and Services, and Challenges With Managing its Use Could Result in Reputational Harm, Competitive Harm, and Legal Liability, and Adversely Affect Our Results of Operations
The other 6 risks
Industry and General Economic Risks
Our Substantial Sales Both in the U.S. and Abroad Subject Us to Economic Risk as Our Results of Operations May Be Adversely Affected by Changes in Government Regulations and Policies and Currency Fluctuations
Recessions, Adverse Market Conditions or Downturns in End Markets We Serve May Negatively Affect Our Operations
Legal and Regulatory Risks
Changes in Tax Rates, Laws or Regulations and the Resolution of Tax Disputes Could Adversely Impact Our Financial Results
Our Reputation, Ability To Do Business and Results of Operations Could Be Impaired By Improper Conduct By Any of Our Employees, Agents or Business Partners
We Are Subject to Litigation and Environmental Regulations That Could Adversely Impact Our Operating Results
Increasing Interest and Expectations with Respect to Environmental, Social, and Governance (ESG) Matters by Our Various Stakeholders Could Adversely Affect Our Business and Operating Results
Legal proceedings
The Company and its subsidiaries are party to various legal proceedings, some of which claim substantial amounts of damages. It is not possible to predict the outcome of these matters, but historically the Company has been largely successful in both prosecuting and defending claims and lawsuits.
Given the uncertainties of litigation, a remote possibility exists that litigation could have a material adverse impact on the Company; however, the Company believes a material adverse impact of any pending litigation is unlikely.
Information regarding legal proceedings is set forth in Note 15.
