---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-133091"
form_type: "8-K"
ticker: "EMR"
cik: "0000032604"
company_name: "EMERSON ELECTRIC CO"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:48:54.697955+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Emerson Q2 EPS beats, raises FY2023 guidance; CFO Dellaquila retiring, Baughman promoted

## Summary
- Q2 net sales $3.756B (+14% YoY); GAAP EPS $0.92 (+28%); adjusted EPS $1.09 (+25%).
- Adjusted segment EBITA margin 24.6% (+320 bps); operating cash flow $575M, free cash flow $513M.
- FY2023 adjusted EPS guidance raised to $4.15-$4.25; Q3 adjusted EPS seen $1.07-$1.11.
- CFO Frank Dellaquila retiring May 10, remains senior advisor through Sept 30; Mike Baughman promoted to CFO effective May 10.
- Quarterly dividend maintained at $0.52/share, payable June 9 to holders of record May 12.

## SEC filing metadata
- accession: 0001193125-23-133091
- form_type: 8-K
- ticker: EMR
- cik: 0000032604
- company_name: EMERSON ELECTRIC CO
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/32604/000119312523133091/0001193125-23-133091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/32604/000119312523133091/d476266d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-133091
- JSON: https://secwatch.observer/filing/0001193125-23-133091.json
- Plain text: https://secwatch.observer/filing/0001193125-23-133091.txt

## Key facts
- Earnings Releases
  EMERSON ELECTRIC CO reported second quarter ended March 31, 2023 results: revenue Net Sales $3,756, EPS GAAP Earnings Per Share $0.92. Guidance raised.
  - Period: second quarter ended March 31, 2023
  - Revenue: Net Sales $3,756
  - EPS: GAAP Earnings Per Share $0.92
  - Guidance: raised
  - Result: reported results
  source text: stock payable June 9, 2023 to stockholders of record May 12, 2023. (dollars in millions, except per share) 2022 Q2 2023 Q2 Change Underlying Orders 1 7 % Net Sales $ 3,291 $ 3,756 14 % Underlying Sales 2 14 % Pretax Earnings $ 509 $ 639 Margin 15.5 % 17.0 % 150 bps Adjusted Segment EBITA 3 $ 703 $ 924 Margin 21.4 % 24.6 % 320 bps GAAP Earnings Per Share $
  evidence_url: https://www.sec.gov/Archives/edgar/data/32604/000119312523133091/0001193125-23-133091-index.htm
- Executive change
  Frank J. Dellaquila departed as Chief Financial Officer at EMERSON ELECTRIC CO.
  - Action: retiring
  - Role: Chief Financial Officer
  source text: Frank J. Dellaquila, the Company’s Senior Executive Vice President and Chief Financial Officer, indicated that he would be retiring from his role as Chief Financial Officer effective May 10, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/32604/000119312523133091/0001193125-23-133091-index.htm
- Executive change
  Michael J. Baughman was appointed as Executive Vice President, Chief Financial Officer and Chief Accounting Officer at EMERSON ELECTRIC CO.
  - Action: promoted
  - Role: Executive Vice President, Chief Financial Officer and Chief Accounting Officer
  source text: the Company announced the promotion of Michael J. Baughman to Executive Vice President, Chief Financial Officer and Chief Accounting Officer of the Company, effective May 10, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/32604/000119312523133091/0001193125-23-133091-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.