Emerson Electric Company (EMR) Financial Statements (2024 and earlier)

Company Profile

Business Address 8000 W FLORISSANT AVE
ST LOUIS, MO 63136
State of Incorp. MO
Fiscal Year End September 30
Industry (SIC) 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
12/31/2022
MRQ
9/30/2022
9/30/2021
9/30/2020
9/30/2019
9/30/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments   2,3543,3151,4941,093
Cash and cash equivalents   2,3543,3151,4941,093
Receivables2,7473,4362,9712,8022,9853,344
Inventory, net of allowances, customer advances and progress billings1,9992,1912,0501,9281,8801,813
Inventory1,9992,1912,0501,9281,8801,813
Disposal group, including discontinued operation 1,209     
Other current assets1,2901,5031,057761780369
Other undisclosed current assets1,7551,376    
Total current assets:9,0008,5068,4328,8067,1396,619
Noncurrent Assets
Operating lease, right-of-use asset     
Property, plant and equipment2,2633,3613,7383,6883,6423,562
Intangible assets, net (including goodwill)20,54721,38610,6009,2029,1519,206
Goodwill14,08714,6627,7236,7346,5366,455
Intangible assets, net (excluding goodwill)6,4606,7242,8772,4682,6152,751
Disposal group, including discontinued operation, noncurrent assets 2,163     
Other noncurrent assets2,2682,4191,9451,1865651,003
Other undisclosed noncurrent assets      
Total noncurrent assets:27,24127,16616,28314,07613,35813,771
TOTAL ASSETS:36,24135,67224,71522,88220,49720,390
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities5,1685,6625,3744,6254,5324,541
Taxes payable   64
Accounts payable1,2192,0282,1081,7151,8741,943
Accrued liabilities3,9493,6343,2662,9102,6582,534
Debt1,7922,1158721,1601,4441,623
Disposal group, including discontinued operation 1,200     
Total current liabilities:8,1607,7776,2465,7855,9766,164
Noncurrent Liabilities
Long-term debt and lease obligation8,1598,6075,7936,3264,2773,137
Long-term debt, excluding current maturities8,1598,2595,7936,3264,2773,137
Liabilities, other than long-term debt, including:3,2083,3202,7532,3241,9712,099
Deferred tax liabilities, net327484
Liability, pension and other postretirement and postemployment benefits     775625
Disposal group, including discontinued operation, liabilities 151     
Other liabilities3,057   556656
Operating lease, liability  348   
Other undisclosed liabilities, other than long-term debt  3,3202,7532,324313334
Other undisclosed noncurrent liabilities  (348)    
Total noncurrent liabilities:11,36711,5798,5468,6506,2485,236
Total liabilities:19,52719,35614,79214,43512,22411,400
Equity
Equity, attributable to parent10,72710,3649,8838,4058,2338,947
Common stock477477477477477477
Treasury stock, value(18,683)(16,738)(16,291)(15,920)(15,114)(13,935)
Additional paid in capital11257522470393348
Accumulated other comprehensive loss(1,255)(1,485)(872)(1,577)(1,722)(1,015)
Retained earnings30,07628,05326,04724,95524,19923,072
Equity, attributable to noncontrolling interest5,9875,95240424043
Total equity:16,71416,3169,9238,4478,2738,990
TOTAL LIABILITIES AND EQUITY:36,24135,67224,71522,88220,49720,390

Income Statement (P&L) ($ in millions)

9/30/2023
12/31/2022
TTM
9/30/2022
9/30/2021
9/30/2020
9/30/2019
9/30/2018
Revenues18,52919,62918,23616,78518,37217,408
Revenue, net17,408
Cost of revenue
(Cost of Goods and Services Sold)
(10,543)(11,441)(10,673)(9,776)(10,557)(9,948)
Gross profit:7,9868,1887,5637,0097,8157,460
Operating expenses(4,409)(4,414)(4,329)(4,270)(4,552)(4,323)
Operating income:3,5773,7743,2342,7393,2633,137
Nonoperating income (expense)55254313248(100)
Investment income, nonoperating 486486    
Loss, foreign currency transaction, before tax(28)(7)    
Other nonoperating income (expense)946413248(100)
Income from continuing operations before equity method investments, income taxes:4,1294,3173,3662,7433,2713,037
Loss from equity method investments      
Other undisclosed loss from continuing operations before income taxes(797)(232)(454)(408)(412)(370)
Income from continuing operations before income taxes:3,3324,0852,9122,3352,8592,667
Income tax expense(673)(855)(585)(345)(531)(443)
Income from continuing operations:2,6593,2302,3271,9902,3282,224
Income before gain (loss) on sale of properties:2,3353,2302,3271,9902,3282,224
Income from discontinued operations2,002     
Net income:4,6613,2302,3271,9902,3282,224
Net income (loss) attributable to noncontrolling interest51(24)(25)(22)(21)
Net income available to common stockholders, diluted:4,6663,2312,3031,9652,3062,203

Comprehensive Income ($ in millions)

9/30/2023
12/31/2022
TTM
9/30/2022
9/30/2021
9/30/2020
9/30/2019
9/30/2018
Net income:4,6613,2302,3271,9902,3282,224
Other comprehensive income (loss)(336)(621)704147(707)4
Comprehensive income:4,3252,6093,0312,1371,6212,228
Comprehensive income (loss), net of tax, attributable to noncontrolling interest129(23)(27)(22)(21)
Other undisclosed comprehensive loss, net of tax, attributable to parent (4)     
Comprehensive income, net of tax, attributable to parent:4,3332,6183,0082,1101,5992,207

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: