Rockwell Automation — Nov 7, 2024 release

See Adjusted Income, Adjusted EPS, and Adjusted Effective Tax Rate Reconciliation for more information on these non-GAAP measures. “Given the uncertainty in the current macroeconomic environment and the typical seasonality in our longer cycle business, we are expecting our fiscal Q1 sales to be down from Q4 levels, followed by a gradual sequential improvement through the year. We will continue to fuel high-growth areas and drive margin expansion projects that increase our business resilience. Our market position remains strong given our portfolio and our leadership in North America, which continues to be the best-performing market,” Moret continued. Page 4 Following is a discussion of quarter and full year results for our business segments. Intelligent Devices Intelligent Devices fiscal 2024 fourth quarter sales were $946 million, a decrease of (19)% compared to $1,171 million in the same period last year. Organic sales decreased (20)% and acquisitions increased sales by 1%. Segment operating earnings were $195 million in the fourth quarter of fiscal 2024 compared to $249 million in the same period last year. Segment operating margin decreased to 20.6% in the fourth quarter of fiscal 2024 from 21.3% a year ago driven by lower sales volume and unfavorable mix, partially offset by the benefits from cost reduction actions, lower incentive compensation, and an adjustment to an earnout accrual tied to achievement of the seller’s revenue target on our Clearpath Robotics acquisition. Intelligent D