Rockwell Automation — Nov 7, 2024 release

Second Street Milwaukee, WI 53204 USA News Release         Contact   Ed Moreland Media Relations Rockwell Automation 571.296.0391 Aijana Zellner Investor Relations Rockwell Automation 414.382.8510 Rockwell Automation Reports Fourth Quarter and Full Year 2024 Results; Introduces Fiscal 2025 Guidance • Fourth quarter reported and organic sales down (21)% year over year • Fourth quarter diluted EPS of $2.09 down (20)% year over year, includes a restructuring charge of $0.18; adjusted EPS of $2.47 down (32)% year over year • Full year reported sales down (9)% year over year; organic sales down (10)% year over year • Total ARR grew 16% year over year • Full year fiscal 2024 diluted EPS of $8.28 down (31)% year over year, includes restructuring charges of $0.64; adjusted EPS of $9.71 down (20)% year over year • Full year fiscal 2024 cash provided by operating activities of $864 million and free cash flow of $639 million; down (37%) and (47%) year over year, respectively • Fiscal 2025 guidance: ◦ Reported and organic sales growth of (4)% to 2% ◦ Diluted EPS $7.65 - $8.85; Adjusted EPS $8.60 - $9.80 MILWAUKEE (November 7, 2024) – Rockwell Automation, Inc. (NYSE: ROK) today reported fiscal 2024 fourth quarter and full year results and introduced fiscal 2025 guidance. "Orders for the quarter came in lower than expected, reflecting continued softness in many of our end markets. Operating performance was solid, with good sales conversion, margin, and EPS. The performance of our Lifecycle Services segment stands out, with its higher exposure to process end markets, growth in digital services, and continued margin expansion. Reflecting on the full year, our people around the world have demonstrated remarkable dedication to serve our customers and bring new innovation to market, and to make the changes necessary to position us for market-beating growth and profit,” said Blake Moret, Chairman and CEO. Page 1 Fiscal Q4 2024 Financial Results Fiscal 2024 fourth quarter sales were $2,036 million, down (21)% compared to $2,563 million in the fourth quarter of fiscal 2023. Organic sales decreased (21)% and acquisitions increased sales by 1%, which was mostly offset by currency translation. Fiscal 2024 fourth quarter net income attributable to Rockwell Automation was $239 million or $2.09