Emerson Reports Fourth Quarter and Full Year 2024 Results

Emerson reported results¹ for its fourth quarter and fiscal year ended September?30, 2024. Emerson also declared a quarterly cash dividend increase to $0.5275 per share of common stock payable December 10, 2024 to stockholders of record November 15, 2024.

Management Commentary

“Emerson completed an outstanding fiscal 2024, with strong underlying sales growth, operating leverage, adjusted earnings per share and cash generation. I want to thank our employees around the world for their commitment and passion which were integral to delivering these results,” said Emerson President and Chief Executive Officer Lal Karsanbhai. “We have done an exceptional job integrating Test & Measurement with $100 million of synergies realized in the first year, and we remain resolute in our focus on executing at a world-class level, guided by our Emerson Management System. Emerson’s leading technology, alignment with secular trends and customer focus provide confidence for continued momentum in fiscal 2025.” Karsanbhai continued, “We have made significant progress on our value-creation roadmap over the past three years, and the strategic actions announced today mark the final phase of our portfolio transformation to an industrial technology leader delivering advanced automation solutions. The actions we are taking, combined with our solid fiscal 2024 financial results, demonstrate the benefits and potential of Emerson’s higher growth and higher margin portfolio. We are energized to complete our transformation and continue creating value for shareholders over the near- and long-term.”

2025 Outlook

The 2025 outlook assumes approximately $1.2 billion of dividend payments. Guidance figures are approximate. 

For full results click here.

About Emerson

Emerson (NYSE: EMR) is a global technology and software company providing innovative solutions for the world’s essential industries. Through its leading automation portfolio, including its majority stake in AspenTech, Emerson helps hybrid, process and discrete manufacturers optimize operations, protect personnel, reduce emissions and achieve their sustainability goals. For more information, visit Emerson.com.

Contact:

Joseph Sala / Greg Klassen – Joele Frank, Wilkinson Brimmer Katcher – (212) 355-4449

Source: Emerson Electric Co.