Filing Flows › Emerson Electric (EMR) › Q4 FY24
Emerson Electric (EMR) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Nov 12, 2024
Emerson Electric (EMR) reported revenue of $4.6B for the fourth quarter fiscal 2024 (Q4 FY24), +13% from a year earlier and +5% from the quarter before. Operating margin was 24.2%, net earnings $996M (21.6% of revenue).
Emerson Electric, Q4 FY24: revenue $4.6B (+13% year over year), operating margin 24.2%, net earnings $996M, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.6B | +5% | +13% |
| Gross profit | $2.4B | +2% | +18% |
| Operating profit | $1.1B | +154% | +14% |
| Net earnings | $996M | +203% | +34% |
| Operating cash flow | $1.1B | -0.6% | — |
| Free cash flow | $916M | -8% | — |
What changed
Revenue was $4.6B in Q4 FY24, up 13% year over year and up 5% from the previous quarter.
Gross margin was 51.3%, up 2.1 points from a year earlier. Operating profit was $1.1B, a 24.2% margin (up 0.2 points year over year). Of the extra revenue versus a year earlier, 26% reached operating profit, above the 24% margin then. Operating expenses grew 22% against revenue growth of 13%. Net earnings were $1.0B, up 34% year over year ($1.0B including minority interests, which bore $0.03B of losses). The effective tax rate was 13.3%.
Operating cash flow was $1.1B, 112% of net income including minority interests. Non-cash charges added back $0.43B of depreciation and amortization and $0.06B of share-based compensation. Working capital and other items used $0.37B. Capital expenditures of $0.17B left free cash flow of $0.92B.
Questions
What was Emerson Electric's revenue in the fourth quarter fiscal 2024?
Emerson Electric (EMR) reported revenue of $4.6B for the fourth quarter fiscal 2024 (Q4 FY24), +13% from a year earlier and +5% from the quarter before.
Was Emerson Electric profitable in the fourth quarter fiscal 2024?
Operating profit was $1.1B (24.2% of revenue) and net earnings $996M.
Source: Emerson Electric 10-K on SEC EDGAR.