Rockwell Automation (ROK) FY2023 results: revenue $9.1 billion, up 16.7% on the year
Rockwell Automation, Inc. (ROK) reported revenue of $9.1 billion for fiscal 2023, the year ended 30 September 2023, up 16.7% on the year before. Net income was $1.4 billion, up 48.8%, and diluted earnings per share $11.95. The figures are the company's own, from the 10-K it filed with the SEC on 8 November 2023.
Revenue
$9.1 billion
+16.7% on the year
FY2016FY2023
Operating margin
21.3%
FY2016FY2023
Net income
$1.4 billion
+48.8% on the year
FY2016FY2023
Diluted EPS
$11.95
+49.9% on the year
FY2016FY2023
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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
1,375
823
1,261
+67.0%
Capital expenditure
160
141
120
+13.7%
Free cash flow
1,214
682
1,141
+78.0%
Free cash flow margin
13.4%
8.8%
16.3%
Cash from investing
854
-7.8
-2,627
Cash from financing
-1,676
-934
1,298
Depreciation and amortisation
250
239
190
+4.8%
Share-based compensation
88.0
68.1
51.7
+29.2%
Buybacks
312
301
300
+3.4%
Dividends paid
542
519
497
+4.4%
Dividend per share
$4.72
$4.48
$4.28
+5.4%
Diluted shares, weighted
116m
117m
117m
-0.9%
Shares outstanding at period end
115m
115m
116m
-0.3%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
3,562
2,726
2,390
+30.7%
Non-controlling interest
182
291
304
-37.5%
Debt
2,966
3,836
3,974
-22.7%
Operating lease liabilities
285
264
314
+8.3%
Other liabilities
4,309
3,642
3,720
+18.3%
Total liabilities and equity
11,304
10,759
10,702
+5.1%
Fixed assets
684
586
582
+16.7%
Goodwill
3,529
3,524
3,626
+0.1%
Intangible assets
852
902
1,022
-5.5%
Investments
158
1,069
1,364
-85.2%
Cash and equivalents
1,072
491
662
+118.4%
Receivables
2,167
1,737
1,424
+24.8%
Inventory
1,405
1,054
798
+33.3%
Other assets
1,436
1,396
1,223
+2.9%
Total assets
11,304
10,759
10,702
+5.1%
10-K for the year ended 30 September 2023, filed 8 November 2023: the filing.