Emerson Electric — Feb 5, 2025 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000032604-25-000011
Showing in the filing
Capital expenditures
“~(0.4)”
Period
FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 22
Quarterly cash dividend for FY2025
“$0.5275 per share”
Capital Returned to Shareholders for FY2025
“approximately $3.2 billion”
Returning to shareholders for FY2025
“approximately $3.2 billion”
Share repurchases for FY2025
“approximately $2.0 billion”
Dividend payments for FY2025
“approximately $1.2 billion”
Net Sales Growth for Q2 FY2025
“(0.5%) - 0.5%”
Net Sales Growth for FY2025
“1.5% - 3.5%”
Underlying Sales Growth for Q2 FY2025
“1% - 2%”
Underlying Sales Growth for FY2025
“3% - 5%”
Earnings Per Share for Q2 FY2025
“$1.01 - $1.05”
Earnings Per Share for FY2025
“$4.42 - $4.62”
Amortization of Intangibles for Q2 FY2025
“~$0.31”
Amortization of Intangibles for FY2025
“~$1.21”
Restructuring / Related Costs for Q2 FY2025
“~$0.04”
Restructuring / Related Costs for FY2025
“~$0.14”
Acquisition / Divestiture Fees and Related C… for Q2 FY2025
“~$0.02”
Acquisition / Divestiture Fees and Related C… for FY2025
“~$0.08”
Adjusted Earnings Per Share for Q2 FY2025
“$1.38 - $1.42”
Adjusted Earnings Per Share for FY2025
“$5.85 - $6.05”
Operating cash flow for FY2025
“$3.6B - $3.7B”
Free cash flow for FY2025
“$3.2B - $3.3B”
Capital expenditures for FY2025
“~(0.4)”
Exhibit 99.1 · the passage around this item
… earlier in the release
2025 Q1 Underlying Sales Change Reported (Favorable) / Unfavorable FX (Acquisitions) / Divestitures Underlying Final Control 4 % 1 % — % 5 % Measurement & Analytical 3 % 1 % — % 4 % Discrete Automation (5) % 1 % — % (4) % Safety & Productivity (3) % — % — % (3) % Intelligent Devices 1 % 1 % — % 2 % Control Systems & Software 2 % 1 % — % 3 % Test & Measurement (6) % 1 % — % (5) % AspenTech 18 % — % — % 18 % Software and Control 3 % 1 % — % 4 % Emerson 1 % 1 % — % 2 % Underlying Growth Guidance 2025 Q2 Guidance 2025 Guidance Reported (GAAP) (0.5%) - 0.5% 1.5% - 3.5% (Favorable) / Unfavorable FX ~1.5 pts ~1.5 pts (Acquisitions) / Divestitures - - Underlying (non-GAAP) 1% - 2% 3% - 5% 2024 Q1 Adjusted Segment EBITA EBIT EBIT Margin Amortization of Intangibles Restructuring and Related Costs Adjusted Segment EBITA Adjusted Segment EBITA Margin Final Control $ 194 20.6 % $ 22 $ 7 $ 223 23.6 % Measurement & Analytical 235 24.9 % 20 3 258 27.3 % Discrete Automation 97 15.8 % 9 10 116 18.9 % Safety & Productivity 68 21.1 % 6 — 74 23.1 % Intelligent Devices $ 594 21.0 % $ 57 $ 20 $ 671 23.8 % Control Systems & Software 149 22.1 % 5 1 155 23.1 % Test & Measurement (78) (20.4) % 139 40 101 26.5 % AspenTech (35) (13.7) % 122 — 87 33.6 % Software and Control $ 36 2.8 % $ 266 $ 41 $ 343 26.1 % 2025 Q1 Adjusted Segment EBITA EBIT EBIT Margin Amortization of Intangibles Restructuring and Related Costs Adjusted Segment EBITA Adjusted Segment EBITA Margin Final Control $ 236 24.2 % $ 22 $ 2 $ 260 26.6 % Measurement & Analytical 285 29.2 % 10 1 296 30.4 % Discrete Automation 98 16.9 % 8 6 112 19.3 % Safety & Productivity 67 21.6 % 6 — 73 23.8 % Intelligent Devices $ 686 24.1 % $ 46 $ 9 $ 741 26.1 % Control Systems & Software 193 27.9 % 5 2 200 28.8 % Test & Measurement (13) (3.6) % 105 (1) 91 25.5 % AspenTech 15 4.8 % 122 — 137 45.1 % Software and Control $ 195 14.4 % $ 232 $ 1 $ 428 31.6 % Page 14 Total Adjusted Segment EBITA 2024 Q1 2025 Q1 Pretax earnings (GAAP) $ 175 $ 775 Margin 4.2 % 18.6 % Corporate items and interest expense, net 455 106 Amortization of intangibles 323 278 Restructuring and related costs 61 10 Adjusted segment EBITA (non-GAAP) $ 1,014 $ 1,169 Margin 24.6 % 28.0 % Free Cash Flow 2024 Q1 2025 Q1 2025E ($ in billions) Operating cash flow (GAAP) $ 444 $ 777 $3.6 - $3.7 Capital expenditures (77) (83) ~(0.4) Free cash flow (non-GAAP) $ 367 $ 694 $3.2 - $3.3 Note 1: Underlying sales and orders exclude the impact of currency translation and significant acquisitions and divestitures. Note 2: All fiscal year 2025E figures are approximate, except where range is given.
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.