Emerson Electric (EMR) reports results: Provides Initial 2027 Outlook

Emerson Electric reported fourth-quarter net sales of $5.20 billion, up 7% year over year, with adjusted EPS of $1.86 (up 15%) and GAAP EPS of $1.33, while full-year sales reached $18.98 billion and adjusted EPS $6.59. The company declared a 7% dividend increase to $0.595 per share and guided fiscal 2027 to underlying sales growth of about 5%, adjusted EPS of roughly $7.25 and free cash flow of $3.8–3.9 billion, assuming about $2.5 billion in buybacks and $1.3 billion in dividends. Fourth-quarter underlying orders rose 14%, which CEO Lal Karsanbhai attributed to long-cycle project activity across growth verticals and all business groups and regions. The results and initial 2027 framework matter because they signal sustained demand and margin expansion (adjusted segment EBITA margin of 29.1% in the quarter) heading into the new fiscal year. Next, investors will watch the 7:30 a.m. Central conference call for detail on backlog conversion and the durability of order growth.