EMR · Emerson Electric Co.

0000032604-26-000035

Summary

Solid Q2 with revenue and net income growth driven by pricing strength offsetting volume softness, though cash flow softened from working capital increases despite higher earnings.

Key takeaways

Gross profit $2.4B, up 2.2% from $2.4B, with gross margin of 53.1%.
Net income $618.0M, up 27.4% from $485.0M.
Operating cash flow $1.02B, down from $1.16B due to rising working capital partially offset by higher earnings.
Free cash flow $848.0M after $170M capex, reflecting operating cash less capital spending.

Full analysis

Net income advanced sharply to $618 million, a 27.4% gain from $485 million, benefiting from normalized expense patterns following prior-year acquisition-related costs. This profit expansion highlights Emerson's operational leverage as revenue gains and margin resilience flowed through to the bottom line, supporting shareholder returns.