Emerson Electric (EMR) FY2022 results: revenue $13.8 billion, up 6.7% on the year
Emerson Electric Co. (EMR) reported revenue of $13.8 billion for fiscal 2022, the year ended 30 September 2022, up 6.7% on the year before. Net income was $3.2 billion, up 40.3%, and diluted earnings per share $5.41. The figures are the company's own, from the 10-K it filed with the SEC on 14 November 2022.
Revenue
$13.8 billion
+6.7% on the year
FY2015FY2022
Operating margin
n/a
FY2015FY2022
Net income
$3.2 billion
+40.3% on the year
FY2015FY2022
Diluted EPS
$5.41
+41.6% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
2,922
3,575
3,083
-18.3%
Capital expenditure
299
404
538
-26.0%
Free cash flow
2,623
3,171
2,545
-17.3%
Free cash flow margin
19.0%
24.5%
15.2%
Cash from investing
-5,334
-2,120
-740
Cash from financing
2,048
-2,422
-509
Depreciation and amortisation
842
762
854
+10.5%
Share-based compensation
125
197
110
-36.5%
Buybacks
500
500
942
0.0%
Dividends paid
1,223
1,210
1,209
+1.1%
Dividend per share
$2.06
$2.02
$2.00
+2.0%
Diluted shares, weighted
596m
602m
607m
-0.9%
Shares outstanding at period end
591m
596m
598m
-0.7%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
10,364
9,883
8,405
+4.9%
Non-controlling interest
5,952
40.0
42.0
+14,780.0%
Debt
10,374
6,665
7,486
+55.6%
Operating lease liabilities
312
413
373
-24.5%
Other liabilities
8,670
7,714
6,576
+12.4%
Total liabilities and equity
35,672
24,715
22,882
+44.3%
Fixed assets
2,239
3,738
3,688
-40.1%
Goodwill
13,946
6,967
6,734
+100.2%
Intangible assets
6,572
2,877
2,468
+128.4%
Cash and equivalents
1,804
2,354
3,315
-23.4%
Receivables
2,261
2,971
2,802
-23.9%
Inventory
1,742
2,050
1,928
-15.0%
Other assets
7,108
3,758
1,947
+89.1%
Total assets
35,672
24,715
22,882
+44.3%
10-K for the year ended 30 September 2022, filed 14 November 2022: the filing.