Emerson Electric Co. (NYSE: EMR)
Specialty Industrial Machinery · St. Louis, MO, United States · Founded 1890
- Market capitalization: $65.0 billion
- Annual revenue: $24.41 billion
- Net income: $2.29 billion
- Employees: 67,000
- Sector: Industrials
- Headquarters: St. Louis, United States
- Founded: 1890
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Emerson Electric is an industrial automation and software company that helps process manufacturers run their plants. After a major portfolio reshaping, they're now focused on intelligent devices, software, and control systems for industries like energy, chemicals, and life sciences. The old Emerson that made thermostats and garbage disposals is gone.
Revenue comes from selling automation hardware, software licenses, and ongoing service contracts to industrial customers. The shift toward software and recurring revenue has been the strategic priority under CEO Lal Karsanbhai.
Founded in 1890 in St. Louis as a maker of electric motors, Emerson diversified into a sprawling conglomerate over the next century. The 2023 acquisition of National Instruments for $8.2 billion and the $14 billion deal for AspenTech shares marked the pivot to pure-play automation. They spun off their climate and tools businesses as Copeland.
| Market Capitalization | $65.0B |
| Annual Revenue | $24.41B |
| Net Income | $2.29B |
| Profit Margin | 9% |
| Revenue per Employee | $364328K |
| Stock Exchange | NYSE |
| Ticker Symbol | EMR |
Financial data is approximate and based on most recent annual filings.
Emerson increased its dividend for 67 consecutive years before the portfolio restructuring complicated the streak. The company's DeltaV control system runs some of the world's most complex chemical plants and refineries.
Emerson's transformation into a focused automation player is the right call, but execution risk is high. They're betting the farm on industrial software.
What is Emerson Electric Co.'s revenue?
Emerson Electric Co. generates approximately $24.41 billion in annual revenue.
How many employees does Emerson Electric Co. have?
Emerson Electric Co. employs approximately 67,000 people worldwide.
What is Emerson Electric Co.'s market cap?
Emerson Electric Co. (EMR) has a market capitalization of approximately $65.0 billion on the NYSE.
When was Emerson Electric Co. founded?
Emerson Electric Co. was founded in 1890 and is headquartered in St. Louis, MO, United States.
Who is the CEO of Emerson Electric Co.?
Lal Karsanbhai is the current CEO of Emerson Electric Co..
What is Emerson Electric Co.'s website?
Emerson Electric Co.'s official website is emerson.com.
| CEO | Lal Karsanbhai |
| Sector | Industrials |
| Industry | Specialty Industrial Machinery |
| Founded | 1890 |
| HQ | St. Louis, MO |
| Country | United States |
| Website | emerson.com |
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