Emerson Electric Co. (EMR) Income Statement
EMR FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsEMR revenue and net income
Where EMR's revenue goes
FY2025Each bar shows an amount and its share of revenue. EMR kept 12.7% of revenue as net income.
EMR profit margins
EMR growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +3.0% | +9.3% | +1.4% | +1.0% |
| Gross profit | +7.1% | +14.7% | +6.3% | +3.1% |
| Operating income | +32.5% | +14.4% | +4.9% | +1.1% |
| Net income | +16.5% | −10.8% | +3.1% | −1.7% |
| EPS (diluted) | +9.3% | +4.6% | +11.6% | +6.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
EMR quarterly EPS vs estimates
Emerson beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 4, 2026 (estimate $1.84).
EMR income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.02B | $17.49B | $15.16B | $13.80B | $12.93B | $16.79B | $18.37B | $17.41B | $15.26B | $14.52B |
| Cost of revenue | $8.50B | $8.61B | $7.74B | $7.50B | $7.20B | $9.78B | $10.56B | $9.98B | $8.83B | $8.26B |
| Gross profit | $9.52B | $8.88B | $7.43B | $6.31B | $5.73B | $7.01B | $7.82B | $7.43B | $6.43B | $6.26B |
| Research & development | — | $781.0M | $523.0M | $385.0M | $485.0M | $439.0M | $454.0M | $436.0M | $340.0M | $320.0M |
| Sales, general & admin | $5.10B | $5.14B | $4.19B | $3.61B | $3.49B | $3.99B | $4.46B | $4.27B | $3.61B | $3.46B |
| Total operating expenses | $5.99B | $6.22B | $4.67B | $3.95B | $3.77B | $4.22B | $4.70B | $4.48B | $3.74B | $3.55B |
| Operating income | $3.53B | $2.67B | $2.76B | $2.36B | $1.96B | $2.78B | $3.12B | $2.95B | $2.69B | $2.71B |
| Interest income | $150.0M | $234.0M | $41.0M | $260.0M | $154.0M | $156.0M | $27.0M | $43.0M | $36.0M | $85.0M |
| Interest expense | $387.0M | $323.0M | $261.0M | $228.0M | $166.0M | $175.0M | $201.0M | $202.0M | $201.0M | $215.0M |
| Income before taxes | $2.93B | $2.02B | $2.90B | $2.43B | $1.76B | $2.33B | $2.86B | $2.67B | $2.33B | $2.32B |
| Income taxes | $696.0M | $415.0M | $642.0M | $549.0M | $346.0M | $345.0M | $531.0M | $443.0M | $660.0M | $697.0M |
| Net income | $2.29B | $1.97B | $13.22B | $3.23B | $2.30B | $1.97B | $2.31B | $2.20B | $1.52B | $1.64B |
| EBITDA | $4.84B | $4.03B | $4.21B | $3.50B | $2.69B | $3.36B | $3.88B | $3.63B | $3.17B | $3.10B |
| EPS (diluted) | $6.00 | $5.49 | $4.45 | $5.25 | $4.10 | $3.46 | $3.59 | $3.11 | $2.64 | $2.98 |
| Gross margin | 52.8% | 50.8% | 49.0% | 45.7% | 44.3% | 41.8% | 42.5% | 42.7% | 42.1% | 43.1% |
| Operating margin | 19.6% | 15.2% | 18.2% | 17.1% | 15.1% | 16.6% | 17.0% | 17.0% | 17.6% | 18.7% |
| Net margin | 12.7% | 11.3% | 87.2% | 23.4% | 17.8% | 11.7% | 12.6% | 12.7% | 9.9% | 11.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.87B | $4.56B | $4.35B | $4.86B | $4.55B | $4.43B | $4.17B | $4.62B | $4.38B | $4.38B | $4.12B | $4.09B |
| Cost of revenue | $2.22B | $2.14B | $2.04B | $2.34B | $2.16B | $2.06B | $1.94B | $2.25B | $2.07B | $2.09B | $2.20B | $2.08B |
| Gross profit | $2.65B | $2.42B | $2.31B | $2.52B | $2.39B | $2.37B | $2.23B | $2.37B | $2.31B | $2.28B | $1.92B | $2.01B |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | $523.0M |
| Sales, general & admin | $1.34B | $1.32B | $1.24B | $1.33B | $1.27B | $1.28B | $1.22B | $1.31B | $1.25B | $1.30B | $1.28B | $1.11B |
| Total operating expenses | $1.65B | $1.52B | $1.45B | $1.54B | $1.49B | $1.51B | $1.45B | $1.58B | $1.52B | $1.57B | $1.55B | $1.24B |
| Operating income | $1.00B | $901.0M | $864.0M | $982.0M | $908.0M | $859.0M | $782.0M | $790.0M | $796.0M | $715.0M | $365.0M | $773.0M |
| Interest income | $25.0M | $26.0M | $26.0M | $150.0M | $126.0M | $45.0M | $44.0M | $148.0M | $24.0M | $64.0M | $71.0M | $108.0M |
| Interest expense | $85.0M | $110.0M | $116.0M | $242.0M | $126.0M | $86.0M | $52.0M | $166.0M | $56.0M | $90.0M | $84.0M | $54.0M |
| Income before taxes | $916.0M | $793.0M | $775.0M | $796.0M | $734.0M | $629.0M | $775.0M | $679.0M | $455.0M | $711.0M | $175.0M | $904.0M |
| Income taxes | $198.0M | $175.0M | $169.0M | $160.0M | $154.0M | $199.0M | $182.0M | $149.0M | $88.0M | $162.0M | $16.0M | $209.0M |
| Net income | $718.0M | $618.0M | $605.0M | $636.0M | $586.0M | $485.0M | $585.0M | $996.0M | $329.0M | $501.0M | $142.0M | $744.0M |
| EBITDA | $1.38B | $1.27B | $1.25B | $1.42B | $1.20B | $1.10B | $1.21B | $1.27B | $928.0M | $1.23B | $681.0M | $1.23B |
| EPS (diluted) | $1.71 | $1.54 | $1.46 | $1.62 | $1.52 | $1.48 | $1.38 | $1.48 | $1.43 | $1.36 | $1.22 | $1.29 |
| Gross margin | 54.5% | 53.1% | 53.2% | 51.9% | 52.6% | 53.5% | 53.5% | 51.3% | 52.8% | 52.2% | 46.5% | 49.2% |
| Operating margin | 20.5% | 19.8% | 19.9% | 20.2% | 19.9% | 19.4% | 18.7% | 17.1% | 18.2% | 16.3% | 8.9% | 18.9% |
| Net margin | 14.7% | 13.5% | 13.9% | 13.1% | 12.9% | 10.9% | 14.0% | 21.6% | 7.5% | 11.4% | 3.4% | 18.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in EMR's financial statements (latest annual report filed November 10, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
EMR financial results
In fiscal year 2025 (ended September 30, 2025), Emerson reported revenue of $18.0 billion, up 3.0% from the year before. It had net income of $2.3 billion (up 16.5%), a net profit margin of 12.7%. Diluted earnings per share came to $6.00. Over five years revenue grew at an average rate of 1.4% a year.
See the EMR stock overview for the latest quote and news, or the EMR chart for price history and technical indicators.
EMR income statement FAQ
What is Emerson's annual revenue?
Emerson reported total revenue of $18.0 billion for fiscal year 2025, which ended on September 30, 2025. That was up 3.0% from $17.5 billion the previous year.
Is Emerson profitable?
Yes. Emerson reported net income of $2.3 billion in fiscal 2025, a net profit margin of 12.7%; its operating margin was 19.6%.
What is Emerson's gross margin?
Emerson's gross margin was 52.8% in fiscal 2025: for every $100 of revenue, Emerson kept $53 after the direct cost of its products and services.
How fast is Emerson growing?
Revenue grew 1.4% a year on average over the last five fiscal years, from $16.8 billion to $18.0 billion.
What are Emerson's earnings per share?
Emerson earned $6.00 per diluted share in fiscal 2025, compared with $5.49 a year earlier.
When will Emerson report its next earnings?
Emerson is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens.
When does Emerson's fiscal year end?
Emerson's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on November 10, 2025.