How Does Emerson Electric Make its Money?
Emerson Electric is a global technology and industrial automation company that has undergone a dramatic transformation in recent years. After divesting its Climate Technologies business (now Copeland) and acquiring National Instruments and a majority stake in AspenTech, Emerson has repositioned itself as a pure-play industrial automation and software company. The company provides measurement and analytical instrumentation, control systems, software, and valves used in process and hybrid industries including energy, chemicals, life sciences, and food & beverage production.
Emerson Electric (EMR) Business Model
Emerson Electric operates in the industrials sector. Below is a summary of Emerson Electric’s revenue streams, how the company generates income, and the key financial metrics from its most recent annual report. This breakdown uses data from Emerson Electric’s 2024 fiscal year filings with the SEC.
Emerson Electric Competitors
Emerson Electric’s key competitors and comparable public companies in the industrials sector include Honeywell, Caterpillar, 3M, and GE Aerospace. Each of these companies competes for market share, investor attention, and revenue in overlapping segments. See how Emerson Electric stacks up by comparing their revenue breakdown, margins, and growth metrics.
Emerson Electric Competitors
Emerson Electric’s key competitors and comparable public companies in the industrials sector include Honeywell, Caterpillar, 3M, and GE Aerospace. Each of these companies competes for market share, investor attention, and revenue in overlapping segments. See how Emerson Electric stacks up by comparing their revenue breakdown, margins, and growth metrics.
Emerson Electric Competitors
Emerson Electric’s key competitors and comparable public companies in the industrials sector include Honeywell, Caterpillar, 3M, and GE Aerospace. Each of these companies competes for market share, investor attention, and revenue in overlapping segments. See how Emerson Electric stacks up by comparing their revenue breakdown, margins, and growth metrics.
Emerson Electric Competitors
Emerson Electric’s key competitors and comparable public companies in the industrials sector include Honeywell, Caterpillar, 3M, and GE Aerospace. Each of these companies competes for market share, investor attention, and revenue in overlapping segments. See how Emerson Electric stacks up by comparing their revenue breakdown, margins, and growth metrics.
Emerson Electric Competitors
Emerson Electric’s key competitors and comparable public companies in the industrials sector include Honeywell, Caterpillar, 3M, and GE Aerospace. Each of these companies competes for market share, investor attention, and revenue in overlapping segments. See how Emerson Electric stacks up by comparing their revenue breakdown, margins, and growth metrics.
Revenue Breakdown
| Segment | 2024 | 2023 | YoY Growth |
|---|---|---|---|
| Intelligent Devices (Measurement, Valves, Actuators) | $8,800 | $8,200 | +7.3% |
| Software & Control (DeltaV, AspenTech, NI) | $4,400 | $3,600 | +22.2% |
| Test & Measurement (National Instruments) | $3,800 | $3,500 | +8.6% |
| Total Revenue | $17,400 | $15,200 | +14.5% |
Intelligent Devices (Measurement, Valves, Actuators) — 51% of Revenue
Software & Control (DeltaV, AspenTech, NI) — 25% of Revenue
Test & Measurement (National Instruments) — 22% of Revenue
Income Statement Overview
| Metric | 2024 | 2023 |
|---|---|---|
| Total Revenue | $17,400 | $15,200 |
| Cost of Revenue | $9,200 | $8,200 |
| Gross Profit | $8,200 | $7,000 |
| Operating Expenses | $4,600 | $4,200 |
| Operating Income | $3,600 | $2,800 |
| Net Income | $2,600 | $2,100 |
All values in millions USD unless otherwise stated.
Key Financial Metrics
- Gross Margin: 47.1%
- Operating Margin: 20.7%
- Revenue Growth: 14.5%
Is Emerson Electric Profitable?
Yes, Emerson Electric is profitable. The company reported net income of $2,600 on total revenue of $17,400. With an operating margin of 20.7%, Emerson Electric demonstrates solid profitability for the industrials sector. The gross margin of 47.1% reflects Emerson Electric’s pricing power and cost structure.
What to Watch
- AspenTech integration and industrial software recurring revenue growth
- Operational leverage as portfolio transformation completes
- Energy transition investment driving demand for process automation
- National Instruments recovery and cross-selling with existing Emerson customers
Emerson Electric (EMR) Financial Summary
Emerson Electric (EMR) is an industrials company that generated $17,400 in total revenue in fiscal year 2024. Revenue grew 14.5% year-over-year. The company earned $2,600 in net income, making it profitable. For a deeper look at Emerson Electric’s revenue breakdown, business segments, and financial performance, review the detailed analysis above.