Emerson Electric Co. filed an 8-K earnings press release on November 4, 2026, reporting fourth-quarter and full fiscal-year results for the period ended September 30, 2026, alongside a declared quarterly dividend increase and fiscal 2027 guidance.

Key Highlights

  • Full-year net sales of $18,982 million: up 5% from $18,016 million in fiscal 2025, according to the filing.
  • Fiscal 2026 GAAP diluted EPS of $4.79: a 20% increase from $3.99 in fiscal 2025, as reported.
  • Adjusted EPS of $6.59 for fiscal 2026: up 10% from $6.01 in fiscal 2025, per the company's disclosure.
  • Quarterly dividend raised 7%: to $0.595 per share of common stock, payable December 10, 2026 to stockholders of record November 13, 2026.
  • Full-year operating cash flow of $3,978 million: an 8% increase from $3,676 million in fiscal 2025.
  • Q4 underlying orders up 14%: the filing noted broad-based demand across all business groups and regions.
  • Fiscal 2027 adjusted EPS guidance of approximately $7.25: with net sales growth of approximately 5%, per the company's guidance framework.

Emerson Fiscal Year 2026 Financial Results and 2027 Guidance Framework

Emerson (NYSE:EMR) reported full-year net sales of $18,982 million for the fiscal year ended September 30, 2026, compared with $18,016 million in fiscal 2025, a 5% increase. Underlying sales growth, which the filing states excludes the impact of currency translation and significant acquisitions and divestitures, was 4% for the full year. Pretax earnings from continuing operations rose to $3,489 million from $2,905 million, with the pretax margin expanding 230 basis points to 18.4%. Adjusted segment EBITA, which the filing defines as segment earnings excluding restructuring and related costs and intangibles amortization expense, was $5,360 million for fiscal 2026, compared with $4,975 million in fiscal 2025, with margin improving 60 basis points to 28.2%.

For the fourth quarter ended September 30, 2026, net sales were $5,201 million versus $4,855 million in the prior-year quarter, a 7% increase. Q4 GAAP diluted earnings per share from continuing operations were $1.33, up 24% from $1.07, and Q4 adjusted EPS was $1.86, up 15% from $1.62. The company reported Q4 underlying orders growth of 14%, with the filing noting that underlying orders do not include AspenTech. Free cash flow for the full year was $3,535 million, up 9% from $3,245 million in fiscal 2025.

The company also provided a fiscal 2027 guidance framework. Full-year net sales growth is guided at approximately 5%, with underlying sales growth also approximately 5%. GAAP EPS is guided at approximately $5.70 and adjusted EPS at approximately $7.25 for fiscal 2027. Operating cash flow is guided at $4.3 billion to $4.4 billion, and free cash flow at $3.8 billion to $3.9 billion. The framework assumes returning approximately $3.8 billion to stockholders through approximately $2.5 billion of share repurchases and approximately $1.3 billion of dividends. The filing notes that guidance figures are approximate and that forward-looking statements are subject to the company's cautionary language and various risk factors described in its most recent Annual Report on Form 10-K.

What Was Disclosed

Emerson disclosed its fourth-quarter and full fiscal year 2026 operating results, balance sheet, and cash flow data, declared a 7% quarterly dividend increase to $0.595 per share, and provided a fiscal year 2027 guidance framework including sales, earnings, cash flow, and capital return targets.