Highest-materiality recent filing
Emerson Q2 adj EPS $1.54, orders +5%; adds Apple's Newstead to board, FY adj EPS $6.45-$6.55
Q2 net sales $4,562M (+3% YoY); GAAP EPS $1.10 (+28%); adjusted EPS $1.54 (+4%); underlying orders +5%.
Emerson Q1 sales $4.35B, adj EPS $1.46 beat; updates FY2026 outlook with $6.40-$6.55 adj EPS
Q1 net sales $4,346M (+4% YoY); GAAP EPS $1.07 (+5%); adjusted EPS $1.46 (+6% vs $1.38).
Emerson Q4 GAAP EPS $1.12 (+15%), adjusted EPS $1.62 (+9%); dividend raised 5% to $0.555
Q4 net sales $4,855M (+5% YoY); full-year net sales $18,016M (+3%); underlying orders +4% in Q4.
Emerson Q3 adj. EPS $1.52, raises FY 2025 guidance to ~$6.00
Q3 net sales $4,553M (+4% YoY); GAAP EPS $1.03 (+72%); adj. EPS $1.52 (+6%).
Emerson Q2 adj EPS $1.48 (+9% YoY); raises FY adj EPS outlook; retains Safety unit
Q2 net sales $4.43B (+1% YoY); underlying orders +4%; GAAP EPS $0.86 (-9%), adj EPS $1.48 (+9%).
Emerson completes acquisition of AspenTech for $265 per share in cash
Tender offer expired on March 11 after 19,479,909 shares tendered (~72% of outstanding).
Emerson raises ~$1.54B in debt: €1B + $500M notes; proceeds to fund AspenTech acquisition
€500M 3.000% Notes due 2031 and €500M 3.500% Notes due 2037 issued; $500M 5.000% Notes due 2035.
Emerson enters $3B 364-day credit facility to back Aspen Tech tender offer
Entered $3B 364-day unsecured credit facility with JPMorgan, BofA, Goldman Sachs on Feb 11, 2025.
Emerson Q1 beats; adj. EPS $1.38, revenue $4.18B; raises FY adj. EPS view to $5.85-$6.05
GAAP EPS $1.02 vs $0.29 YoY; adjusted EPS $1.38 vs $1.22, beating expectations.
Emerson to acquire remaining AspenTech shares for $265/share, valuing minority at $7.2B
Emerson (EMR) will acquire the ~43% of AspenTech (AZPN) it does not already own at $265/share cash via tender offer.
Emerson Q4 adj EPS $1.48 (+15% YoY); FY2025 adj EPS guide $5.85-$6.05
Q4 net sales $4.62B (+13% YoY), underlying sales +6%; adjusted segment EBITA margin 26.2% (+70 bps).
Emerson proposes $240/share cash buyout of remaining AspenTech; $2B buyback, S&P sale review
Proposed to acquire remaining ~43% of AspenTech (AZPN) for $240/share cash, ~$15.3B equity; 35% premium to undisturbed price.
Emerson Q3 2024: Adj EPS $1.43 (+11% YoY), sales $4.38B (+11%), Copeland exit advancing
GAAP EPS $0.60 vs $1.12 a year ago; adjusted EPS $1.43 vs $1.29, up 11%.
Emerson to sell 40% Copeland stake to Blackstone for $1.5B cash; plus $1.9B note repurchase
Emerson to sell its 40% common equity interest in Copeland JV to Blackstone affiliate for $1.5B in cash.
Q2 GAAP EPS $0.87 (-5% YoY); adjusted EPS $1.36 (+25%) on net sales $4.38B (+17% actual, +8% underlying).
Emerson Q1 beats: adj EPS $1.22 vs $0.78 YoY; raises FY2024 adj EPS outlook to $5.30-$5.45
Net sales $4,117M (+22% YoY); underlying sales +10% YoY; adjusted segment EBITA margin 24.6% (+190 bps).
Emerson posts Q4 adjusted EPS $1.29 (+21% YoY); provides FY 2024 outlook with adj. EPS $5.15-$5.35
Q4 net sales $4,090M (+5% YoY); FY net sales $15,165M (+10%).
Emerson completes acquisition of National Instruments for $60 per share cash
NATI shareholders received $60.00 cash per share; deal closed Oct 11, 2023.
Emerson Q3 FY2023: GAAP EPS $1.03 (+171% YoY), revenue $3.95B (+14%)
GAAP EPS $1.03 vs $0.38 prior year; adjusted EPS $1.29 vs $0.92 (+40%).
Emerson closes $14B sale of Climate Technologies to Blackstone; retains 40% stake in Copeland JV
Received $9.7B cash upfront and $2.25B note (5% PIK interest) from Blackstone for majority stake.
Emerson Q2 EPS beats, raises FY2023 guidance; CFO Dellaquila retiring, Baughman promoted
Q2 net sales $3.756B (+14% YoY); GAAP EPS $0.92 (+28%); adjusted EPS $1.09 (+25%).
Emerson to acquire National Instruments for $60 per share in cash
Emerson will pay $60 per share for National Instruments (NATI), valuing the deal at ~$8.2B.
Emerson Q1 FY2023 adj. EPS $0.78 flat YoY; revenue up 7% to $3.37B
GAAP EPS from continuing ops $0.56 vs $1.25 YoY, down 55% due to prior-year gain on subordinated interest.
Emerson recasts FY2022 continuing ops EPS $3.16 ($2.35 prior), revenue $13.8B (+7% YoY)
Continuing ops net earnings $1,883M in FY2022 vs $1,416M in FY2021; diluted EPS $3.16 vs $2.35.
Emerson to sell 55% of Climate Technologies to Blackstone for $9.5B; Q4 beat
Divests 55% stake in Climate Technologies to Blackstone for $9.5B cash and $2.25B note; retains 45% equity.
Emerson sells InSinkErator to Whirlpool for $3.0B; 18.1x EBITDA multiple
Sale price $3.0B; trailing twelve-month revenue $595M, EBITDA $166M as of March 31, 2022.
Emerson completes combination with AspenTech, owns 55% of new industrial software leader
Emerson contributed $6.014B cash and its OSI Inc. and Geological Simulation Software businesses to new AspenTech.
Emerson issues $3B in senior notes to fund portion of AspenTech acquisition
Issued $1B each of 2.000% notes due 2028, 2.200% notes due 2031, and 2.800% notes due 2051.
Emerson prices $3B notes offering to fund AspenTech acquisition contribution
Issued $1B each of 2.000% Notes due 2028, 2.200% Notes due 2031, and 2.800% Notes due 2051.
Emerson receives $438M Vertiv-related distribution; raises FY2022 GAAP EPS guidance by $0.58
Received ~$438M pretax distribution on Nov 10, 2021, from retained interest in Vertiv (sold in 2017).
On May 5, 2026, the Board of Directors of the Company elected Jennifer G. Newstead as a Director of the Company, effective as of August 3, 2026 (the “Effective Date”).
In accordance with the Emerson Electric Co. Statement of Corporate Governance Principles and Practices, Leticia Gonçalves Lourenco tendered her resignation from the Board of Directors (the “Board”) following a change in company and position relating to her principal occupation.
On May 7, 2024, the Board of Directors of Emerson Electric Co. (the “Company”) elected Calvin G. Butler, Jr. as a Director of the Company, effective as of August 1, 2024 (the “Effective Date”).
On November 30, 2023, the Company announced that on November 28, 2023 Sara Y. Bosco, the Company’s Senior Vice President, Secretary and Chief Legal Officer, indicated that she would be retiring effective December 31, 2023.
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.
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.
On May 2, 2023, the Board of Directors of Emerson Electric Co. (the “Company”) elected Leticia Gonçalves and Jim M. McKelvey as Directors of the Company.
On May 2, 2023, the Board of Directors of Emerson Electric Co. (the “Company”) elected Leticia Gonçalves and Jim M. McKelvey as Directors of the Company.
On November 22, 2022, Mark J. Bulanda indicated that he will retire from his current position as Executive President Automation Solutions of Emerson Electric Co. (the “Company”) effective as of December 31, 2022.
Max materiality 0.90 · Median 0.70 · Most common event earnings