{"id":808967,"date":"2025-02-05T06:58:12","date_gmt":"2025-02-05T11:58:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/emerson-reports-first-quarter-2025-results-updates-2025-outlook\/"},"modified":"2025-02-05T06:58:12","modified_gmt":"2025-02-05T11:58:12","slug":"emerson-reports-first-quarter-2025-results-updates-2025-outlook","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/emerson-reports-first-quarter-2025-results-updates-2025-outlook\/","title":{"rendered":"Emerson Reports First Quarter 2025 Results; Updates 2025 Outlook"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n ST. LOUIS<\/span>
\n <\/span>, Feb. 5, 2025<\/span><\/span> \/PRNewswire\/ — Emerson (NYSE:\u00a0EMR) today reported results1<\/sup> for its first quarter ended December\u00a031, 2024 and updated its full year outlook for fiscal 2025. Emerson also declared a quarterly cash dividend of $0.5275<\/span> per share of common stock payable March 10, 2025<\/span> to stockholders of record on February 14, 2025<\/span>.<\/p>\n

\n

\n
\n \"Emerson
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

\n
\n (dollars in millions, except per share)<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 2024 Q1<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 2025 Q1<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Change<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Underlying Orders2<\/sup><\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n

\n 1\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net Sales<\/span>\n <\/p>\n<\/td>\n

\n

\n $4,117<\/span>\n <\/p>\n<\/td>\n

\n

\n $4,175<\/span>\n <\/p>\n<\/td>\n

\n

\n 1\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Underlying Sales3<\/sup><\/span><\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n 2\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Pretax Earnings<\/span>\n <\/p>\n<\/td>\n

\n

\n $175<\/span>\n <\/p>\n<\/td>\n

\n

\n $775<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n Margin<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 4.2\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 18.6\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 1440 bps<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Adjusted Segment EBITA4<\/sup><\/span>\n <\/p>\n<\/td>\n

\n

\n $1,014<\/span>\n <\/p>\n<\/td>\n

\n

\n $1,169<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n Margin<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 24.6\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 28.0\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 340 bps<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n GAAP Earnings Per Share<\/span>\n <\/p>\n<\/td>\n

\n

\n $0.29<\/span>\n <\/p>\n<\/td>\n

\n

\n $1.02<\/span>\n <\/p>\n<\/td>\n

\n

\n 252\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Adjusted Earnings Per Share5<\/sup><\/span>\n <\/p>\n<\/td>\n

\n

\n $1.22<\/span>\n <\/p>\n<\/td>\n

\n

\n $1.38<\/span>\n <\/p>\n<\/td>\n

\n

\n 13\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Operating Cash Flow<\/span>\n <\/p>\n<\/td>\n

\n

\n $444<\/span>\n <\/p>\n<\/td>\n

\n

\n $777<\/span>\n <\/p>\n<\/td>\n

\n

\n 75\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Free Cash Flow<\/span>\n <\/p>\n<\/td>\n

\n

\n $367<\/span>\n <\/p>\n<\/td>\n

\n

\n $694<\/span>\n <\/p>\n<\/td>\n

\n

\n 89\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n Management Commentary<\/b>\n <\/p>\n

“Emerson began the fiscal year on a strong note, exceeding first quarter expectations for incremental operating margins and earnings per share with strong cash flow generation,” said Emerson President<\/span> and Chief Executive Officer Lal Karsanbhai. “Our record gross profit margin and adjusted segment EBITA margin reflect the strength of our transformed industrial technology portfolio and Emerson Management System, as well as the talent and dedication of our world-class team.”<\/p>\n

Karsanbhai continued, “We reiterate our guide for underlying sales, earnings per share and cash flow driven by resilient demand in process and hybrid markets, expected second half discrete recovery and our proven ability to execute. Our team remains energized, and we look forward to continuing the positive momentum across our business, including progressing in the final phase of our portfolio transformation.”<\/p>\n

\n 2025 Outlook<\/b>\n <\/p>\n

The following tables summarize the fiscal year 2025 guidance framework and does not include any impact from the recently announced portfolio transactions6<\/sup> related to AspenTech and Safety & Productivity. The 2025 outlook assumes returning approximately $3.2 billion<\/span> to shareholders through approximately $2.0 billion<\/span> of share repurchases and approximately $1.2 billion<\/span> of dividend payments. Guidance figures are approximate.<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n
\n \n <\/td>\n\n

\n
\n 2025 Q2<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 2025<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net Sales Growth<\/span>\n <\/p>\n<\/td>\n

\n

\n (0.5%) – 0.5%<\/span>\n <\/p>\n<\/td>\n

\n

\n 1.5% – 3.5%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Underlying Sales Growth<\/span>\n <\/p>\n<\/td>\n

\n

\n 1% – 2%<\/span>\n <\/p>\n<\/td>\n

\n

\n 3% – 5%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Earnings Per Share<\/span>\n <\/p>\n<\/td>\n

\n

\n $1.01 – $1.05<\/span>\n <\/p>\n<\/td>\n

\n

\n $4.42 – $4.62<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Amortization of Intangibles<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n ~$0.31<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n ~$1.21<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Restructuring \/ Related Costs<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n ~$0.04<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n ~$0.14<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Acquisition \/ Divestiture Fees and Related Costs<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n ~$0.02<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n ~$0.08<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Adjusted Earnings Per Share<\/span>\n <\/p>\n<\/td>\n

\n

\n $1.38 – $1.42<\/span>\n <\/p>\n<\/td>\n

\n

\n $5.85 – $6.05<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Operating Cash Flow<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $3.6B – $3.7B<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Free Cash Flow<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $3.2B – $3.3B<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n\n\n\n\n\n\n\n\n
\n \n <\/td>\n<\/tr>\n
\n

\n
\n 1\u00a0<\/sup>Results are presented on a continuing operations basis.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n 2<\/sup>\u00a0Underlying orders do not include AspenTech.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n 3 <\/sup>Underlying sales excludes the impact of currency translation, and significant acquisitions and divestitures.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n 4<\/sup>\u00a0Adjusted segment EBITA represents segment earnings excluding restructuring and intangibles amortization expense.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n 5<\/sup>\u00a0Adjusted EPS excludes intangibles amortization expense, restructuring and related costs, the amortization of acquisition-related inventory step-up, acquisition\/divestiture gains, losses, fees and related costs, and discrete taxes.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n 6<\/sup>\u00a0Guidance includes Safety & Productivity and assumes AspenTech at our current ownership of ~57% outstanding shares.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n Conference Call<\/b>\n <\/p>\n

Today, beginning at 7:30 a.m. Central Time<\/span> \/ 8:30 a.m. Eastern Time<\/span>, Emerson management will discuss the first quarter results during an investor conference call. Participants can access a live webcast available at www.emerson.com\/investors<\/a> at the time of the call. A replay of the call will be available for 90 days. Conference call slides will be posted in advance of the call on the company website.<\/p>\n

\n About Emerson<\/b>\n <\/p>\n

Emerson (NYSE: EMR) is a global technology and software company providing innovative solutions for the world’s essential industries. Through its leading automation portfolio, including its majority stake in AspenTech, Emerson helps hybrid, process and discrete manufacturers optimize operations, protect personnel, reduce emissions and achieve their sustainability goals. For more information, visit Emerson.com.<\/p>\n

\n Forward-Looking and Cautionary Statements<\/b>\n <\/p>\n

Statements in this press release that are not strictly historical may be “forward-looking” statements, which involve risks and uncertainties, and Emerson undertakes no obligation to update any such statements to reflect later developments. These risks and uncertainties include the scope, duration and ultimate impacts of the Russia<\/span>–Ukraine<\/span> and other global conflicts, as well as economic and currency conditions, market demand, pricing, protection of intellectual property, cybersecurity, tariffs, competitive and technological factors, inflation, among others, as set forth in the Company’s most recent Annual Report on Form 10-K and subsequent reports filed with the SEC. The outlook contained herein represents the Company’s expectation for its consolidated results, other than as noted herein.<\/p>\n

Emerson uses our Investor Relations website, www.Emerson.com\/investors<\/a>, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts and social media. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.<\/p>\n

\n\n\n\n\n\n
\n

\n
\n Investors:<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Media:<\/u>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Colleen Mettler<\/span>\n <\/p>\n<\/td>\n

\n

\n Joseph Sala \/ Greg Klassen<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n (314) 553-2197<\/span>\n <\/p>\n<\/td>\n

\n

\n Joele Frank, Wilkinson Brimmer Katcher<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n (212) 355-4449<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

(tables attached)<\/p>\n

\u00a0<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n
\n Table 1<\/u>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n EMERSON AND SUBSIDIARIES<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n CONSOLIDATED OPERATING RESULTS<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n (AMOUNTS IN MILLIONS EXCEPT PER SHARE, UNAUDITED)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n Quarter Ended Dec 31<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n 2023<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2024<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Net sales<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4,117<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4,175<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Cost and expenses<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n \u00a0\u00a0\u00a0\u00a0 Cost of sales<\/span>\n <\/p>\n<\/td>\n

\n

\n 2,201<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1,940<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0 SG&A expenses<\/span>\n <\/p>\n<\/td>\n

\n

\n 1,277<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1,224<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0 Other deductions, net<\/span>\n <\/p>\n<\/td>\n

\n

\n 451<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 228<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0 Interest expense, net<\/span>\n <\/p>\n<\/td>\n

\n

\n 44<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 8<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0 Interest income from related party1<\/sup><\/span>\n <\/p>\n<\/td>\n

\n

\n (31)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Earnings from continuing operations before income taxes<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 175<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 775<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Income taxes<\/span>\n <\/p>\n<\/td>\n

\n

\n 16<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 182<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Earnings from continuing operations<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 159<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 593<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Discontinued operations, net of tax<\/span>\n <\/p>\n<\/td>\n

\n

\n (27)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Net earnings<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 132<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 593<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Less: Noncontrolling interests in subsidiaries<\/span>\n <\/p>\n<\/td>\n

\n

\n (10)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 8<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Net earnings common stockholders<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 142<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 585<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Earnings common stockholders<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Earnings from continuing operations<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 169<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 585<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Discontinued operations<\/span>\n <\/p>\n<\/td>\n

\n

\n (27)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Net earnings common stockholders<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 142<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 585<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Diluted avg. shares outstanding<\/span>\n <\/p>\n<\/td>\n

\n

\n 573.3<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 571.1<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Diluted earnings per share common stockholders<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Earnings from continuing operations<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.29<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.02<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Discontinued operations<\/span>\n <\/p>\n<\/td>\n

\n

\n (0.04)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Diluted earnings per common share<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.25<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.02<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n Quarter Ended Dec 31<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n 2023<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2024<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Other deductions, net<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Amortization of intangibles<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 274<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 229<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Restructuring costs<\/span>\n <\/p>\n<\/td>\n

\n

\n 83<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 11<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Other<\/span>\n <\/p>\n<\/td>\n

\n

\n 94<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (12)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Total<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 451<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 228<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n 1 <\/sup>Represents interest on the Copeland note receivable<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n
\n Table 2<\/u>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n EMERSON AND SUBSIDIARIES<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n CONSOLIDATED BALANCE SHEETS<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n (DOLLARS IN MILLIONS, UNAUDITED)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n
\n Sept 30, 2024<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n Dec 31, 2024<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Assets<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n \u00a0\u00a0\u00a0\u00a0 Cash and equivalents<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,588<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,834<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0 Receivables, net<\/span>\n <\/p>\n<\/td>\n

\n

\n 2,927<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2,694<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0 Inventories<\/span>\n <\/p>\n<\/td>\n

\n

\n 2,180<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2,200<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0 Other current assets<\/span>\n <\/p>\n<\/td>\n

\n

\n 1,497<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1,466<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Total current assets<\/span>\n <\/p>\n<\/td>\n

\n

\n 10,192<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 9,194<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0 Property, plant & equipment, net<\/span>\n <\/p>\n<\/td>\n

\n

\n 2,807<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2,743<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0 Goodwill<\/span>\n <\/p>\n<\/td>\n

\n

\n 18,067<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 17,906<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0 Other Intangibles<\/span>\n <\/p>\n<\/td>\n

\n

\n 10,436<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 10,025<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0 Other<\/span>\n <\/p>\n<\/td>\n

\n

\n 2,744<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2,742<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Total assets<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 44,246<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 42,610<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Liabilities and equity<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n \u00a0\u00a0\u00a0\u00a0 Short-term borrowings and current maturities of long-term debt<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 532<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,066<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0 Accounts payable<\/span>\n <\/p>\n<\/td>\n

\n

\n 1,335<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1,260<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0 Accrued expenses<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,875<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 3,632<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Total current liabilities<\/span>\n <\/p>\n<\/td>\n

\n

\n 5,742<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 5,958<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0 Long-term debt<\/span>\n <\/p>\n<\/td>\n

\n

\n 7,155<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 6,557<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0 Other liabilities<\/span>\n <\/p>\n<\/td>\n

\n

\n 3,840<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 3,716<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Equity<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n \u00a0\u00a0\u00a0\u00a0 Common stockholders’ equity <\/span>\n <\/p>\n<\/td>\n

\n

\n 21,636<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 20,490<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0 Noncontrolling interests in subsidiaries<\/span>\n <\/p>\n<\/td>\n

\n

\n 5,873<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 5,889<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Total equity<\/span>\n <\/p>\n<\/td>\n

\n

\n 27,509<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 26,379<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Total liabilities and equity<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 44,246<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 42,610<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n
\n Table 3<\/u>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n EMERSON AND SUBSIDIARIES<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n CONSOLIDATED STATEMENTS OF CASH FLOWS<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n (DOLLARS IN MILLIONS, UNAUDITED)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n Three Months Ended Dec 31<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n

\n 2023<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2024<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Operating activities<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Net earnings<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 132<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 593<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Earnings from discontinued operations, net of tax<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 27<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Adjustments to reconcile net earnings to net cash provided by operating activities:<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Depreciation and amortization<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 422<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 383<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Stock compensation<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 74<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 68<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Amortization of acquisition-related inventory step-up<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 231<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Changes in operating working capital<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (238)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (154)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Other, net<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (204)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (113)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Cash from continuing operations<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 444<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 777<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Cash from discontinued operations<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (29)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Cash provided by operating activities<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 415<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 777<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Investing activities<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Capital expenditures<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (77)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (83)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Purchases of businesses, net of cash and equivalents acquired<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (8,339)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (37)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Other, net<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (37)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (22)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0 Cash from continuing operations<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (8,453)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (142)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0 Cash from discontinued operations<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0 Cash used in investing activities<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (8,452)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (142)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Financing activities<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Net increase in short-term borrowings<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2,647<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Payments of long-term debt<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (2)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Dividends paid<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (300)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (301)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Purchases of common stock<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (175)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (899)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n AspenTech purchases of common stock<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (72)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Other, net<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (45)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (91)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0 Cash provided by (used in) financing activities<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2,055<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (1,291)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Effect of exchange rate changes on cash and equivalents<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 7<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (98)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Decrease in cash and equivalents<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n (5,975)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n (754)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Beginning cash and equivalents<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 8,051<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 3,588<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Ending cash and equivalents<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,076<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,834<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

\n\n\n\n\n\n\n\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n
\n Table 4<\/u>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n EMERSON AND SUBSIDIARIES<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n SEGMENT SALES AND EARNINGS<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n (DOLLARS IN MILLIONS, UNAUDITED)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n

\n The following tables show results for the Company’s segments on an adjusted segment\u00a0EBITA basis and are intended
to supplement the Company’s results of operations, including its segment earnings which are defined as earnings before
interest and taxes. The Company defines adjusted segment and total segment EBITA as segment earnings excluding
intangibles amortization expense, and restructuring and related expense. Adjusted segment and total segment EBITA,
and adjusted segment and total segment EBITA margin are measures used by management and may be useful for
investors to evaluate the Company’s segments’ operational performance.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n Quarter Ended Dec 31<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n 2023<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2024<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Reported<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Underlying<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n Sales<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Final Control<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 940<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 976<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 5\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n Measurement & Analytical<\/span>\n <\/p>\n<\/td>\n

\n

\n 947<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 975<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 3\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n Discrete Automation<\/span>\n <\/p>\n<\/td>\n

\n

\n 613<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 580<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (5)\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (4)\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n Safety & Productivity<\/span>\n <\/p>\n<\/td>\n

\n

\n 322<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 312<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (3)\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (3)\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n Intelligent Devices<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,822<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,843<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 1\u00a0%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 2\u00a0%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Control Systems & Software<\/span>\n <\/p>\n<\/td>\n

\n

\n 675<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 690<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 3\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n Test & Measurement<\/span>\n <\/p>\n<\/td>\n

\n

\n 382<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 359<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (6)\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (5)\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n AspenTech<\/span>\n <\/p>\n<\/td>\n

\n

\n 257<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 303<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 18\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 18\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n Software and Control<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,314<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,352<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 3\u00a0%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 4\u00a0%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Eliminations<\/span>\n <\/p>\n<\/td>\n

\n

\n (19)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (20)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Total<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4,117<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4,175<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 1\u00a0%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 2\u00a0%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n<\/table><\/div>\n
\n\n\n\n\n\n\n\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Sales Growth by Geography <\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n Quarter Ended
Dec 31<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Americas<\/span>\n <\/p>\n<\/td>\n

\n

\n 3\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Europe <\/span>\n <\/p>\n<\/td>\n

\n

\n (2)\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Asia, Middle East & Africa<\/span>\n <\/p>\n<\/td>\n

\n

\n 4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n<\/table><\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n \n <\/td>\n<\/tr>\n
\n

\n
\n
\n Table 4 cont.<\/u>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n Quarter Ended Dec 31<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Quarter Ended Dec 31<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n 2023<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2024<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n As Reported
(GAAP)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Adjusted
EBITA
(Non-GAAP)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n As
Reported
(GAAP)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Adjusted
EBITA
(Non-GAAP)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Earnings<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Final Control<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 194<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 223<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 236<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 260<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n \u00a0Margins<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 20.6\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 23.6\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 24.2\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 26.6\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Measurement & Analytical<\/span>\n <\/p>\n<\/td>\n

\n

\n 235<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 258<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 285<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 296<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n \u00a0Margins<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 24.9\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 27.3\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 29.2\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 30.4\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Discrete Automation<\/span>\n <\/p>\n<\/td>\n

\n

\n 97<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 116<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 98<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 112<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n \u00a0Margins<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 15.8\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 18.9\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 16.9\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 19.3\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Safety & Productivity<\/span>\n <\/p>\n<\/td>\n

\n

\n 68<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 74<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 67<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 73<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n \u00a0Margins<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 21.1\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 23.1\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 21.6\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 23.8\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Intelligent Devices<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 594<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 671<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 686<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 741<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n
\n \u00a0Margins<\/i>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n
\n 21.0\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n
\n 23.8\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n
\n 24.1\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n
\n 26.1\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Control Systems & Software<\/span>\n <\/p>\n<\/td>\n

\n

\n 149<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 155<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 193<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 200<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n \u00a0Margins<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 22.1\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 23.1\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 27.9\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 28.8\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Test & Measurement<\/span>\n <\/p>\n<\/td>\n

\n

\n (78)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 101<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (13)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 91<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n \u00a0Margins<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n (20.4)\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 26.5\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n (3.6)\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 25.5\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n AspenTech<\/span>\n <\/p>\n<\/td>\n

\n

\n (35)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 87<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 15<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 137<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n \u00a0Margins<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n (13.7)\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 33.6\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 4.8\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 45.1\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Software and Control<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 36<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 343<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 195<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 428<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n
\n \u00a0Margins<\/i>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n
\n 2.8\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n
\n 26.1\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n
\n 14.4\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n
\n 31.6\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Corporate items and interest expense, net<\/u>:<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Stock compensation<\/span>\n <\/p>\n<\/td>\n

\n

\n (74)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (44)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (68)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (66)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Unallocated pension and postretirement costs<\/span>\n <\/p>\n<\/td>\n

\n

\n 31<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 31<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 27<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 27<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Corporate and other<\/span>\n <\/p>\n<\/td>\n

\n

\n (399)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (38)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (57)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (34)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Interest expense, net<\/span>\n <\/p>\n<\/td>\n

\n

\n (44)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (8)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Interest income from related party1<\/sup><\/span>\n <\/p>\n<\/td>\n

\n

\n 31<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Pretax Earnings \/ Adjusted EBITA<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 175<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 963<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 775<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,096<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n
\n \u00a0Margins<\/i>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n
\n 4.2\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n
\n 23.4\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n
\n 18.6\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n
\n 26.3\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Supplemental Total Segment Earnings:<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Adjusted Total Segment EBITA<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,014<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,169<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n
\n \u00a0Margins<\/i>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n
\n 24.6\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n
\n 28.0\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n 1<\/sup> Represents interest on the Copeland note receivable.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n \n <\/td>\n<\/tr>\n
\n

\n
\n
\n Table 4 cont.<\/u>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n Quarter Ended Dec 31<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Quarter Ended Dec 31<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n 2023<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2024<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n Amortization of <\/span>\n <\/p>\n

\n Intangibles1<\/sup><\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Restructuring <\/span>\n <\/p>\n

\n and <\/span>\n <\/p>\n

\n Related Costs2<\/sup><\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Amortization of <\/span>\n <\/p>\n

\n Intangibles1<\/sup><\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Restructuring <\/span>\n <\/p>\n

\n and <\/span>\n <\/p>\n

\n Related Costs2<\/sup><\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n Final Control<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 22<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 7<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 22<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n Measurement & Analytical<\/span>\n <\/p>\n<\/td>\n

\n

\n 20<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 3<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 10<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n Discrete Automation<\/span>\n <\/p>\n<\/td>\n

\n

\n 9<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 10<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 8<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 6<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n Safety & Productivity<\/span>\n <\/p>\n<\/td>\n

\n

\n 6<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 6<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n Intelligent Devices<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 57<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 20<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 46<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 9<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Control Systems & Software<\/span>\n <\/p>\n<\/td>\n

\n

\n 5<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 5<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n Test & Measurement<\/span>\n <\/p>\n<\/td>\n

\n

\n 139<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 40<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 105<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (1)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n AspenTech<\/span>\n <\/p>\n<\/td>\n

\n

\n 122<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 122<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n Software and Control<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 266<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 41<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 232<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Corporate<\/span>\n <\/p>\n<\/td>\n

\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 26<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 3<\/sup>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 3<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n Total<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 323<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 87<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 278<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 13<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n 1 <\/sup>Amortization of intangibles includes $49 and $49 reported in cost of sales for the three months ended December 31, 2023 and 2024, respectively.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n 2 <\/sup>Restructuring and related costs includes $4 reported in cost of sales for the three months ended December 31, 2023. The three months ended December 31, 2024
includes $2 reported in selling, general and administrative expenses.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n 3 <\/sup>Corporate restructuring of $26 for the three months ended December 31, 2023 is comprised entirely of integration-related stock compensation expense attributable to NI.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n Quarter Ended Dec 31<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Depreciation and Amortization<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 2023<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2024<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Final Control<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 40<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 40<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Measurement & Analytical<\/span>\n <\/p>\n<\/td>\n

\n

\n 40<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 31<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Discrete Automation<\/span>\n <\/p>\n<\/td>\n

\n

\n 22<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 21<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Safety & Productivity<\/span>\n <\/p>\n<\/td>\n

\n

\n 14<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 15<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Intelligent Devices<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 116<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 107<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Control Systems & Software<\/span>\n <\/p>\n<\/td>\n

\n

\n 21<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 23<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Test & Measurement<\/span>\n <\/p>\n<\/td>\n

\n

\n 151<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 118<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n AspenTech<\/span>\n <\/p>\n<\/td>\n

\n

\n 123<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 124<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Software and Control<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 295<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 265<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Corporate<\/span>\n <\/p>\n<\/td>\n

\n

\n 11<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 11<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Total<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 422<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 383<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n \n <\/td>\n<\/tr>\n
\n

\n
\n
\n Table 5<\/u>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n EMERSON AND SUBSIDIARIES
ADJUSTED CORPORATE AND OTHER SUPPLEMENTAL
(DOLLARS IN MILLIONS, UNAUDITED)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n

\n The following table shows the Company’s stock compensation and corporate and other expenses on an adjusted basis.
The Company’s definition of adjusted stock compensation excludes integration-related stock compensation expense. The
Company’s definition of adjusted corporate and other excludes corporate restructuring and related costs, first year
purchase accounting related items and transaction fees, and certain gains, losses or impairments. This metric is useful for
reconciling from total adjusted segment EBITA to the Company’s consolidated adjusted EBITA.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n Quarter Ended Dec 31<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n 2023<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2024<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n \u00a0Stock compensation (GAAP)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (74)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (68)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0\u00a0\u00a0 Integration-related stock compensation expense1<\/sup><\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n 30<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n \u00a0Adjusted stock compensation (non-GAAP)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (44)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (66)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n Quarter Ended Dec 31<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n 2023<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2024<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n \u00a0Corporate and other (GAAP)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (399)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (57)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0Corporate restructuring and related costs<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 3<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0Acquisition \/ divestiture costs<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n 130<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 20<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0Amortization of acquisition-related inventory step-up<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n 231<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n \u00a0Adjusted corporate and other (non-GAAP)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (38)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (34)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n<\/table><\/div>\n
\n\n\n
\n

\n
\n 1<\/sup> Integration-related stock compensation expense relates to NI and includes $26 and $\u2014 reported as restructuring costs for the three months ended December 31,\u00a0
2023 and 2024, respectively<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

\n
\n
\n Table 6<\/u>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n EMERSON AND SUBSIDIARIES
ADJUSTED EBITA & EPS SUPPLEMENTAL
(AMOUNTS IN MILLIONS EXCEPT PER SHARE, UNAUDITED)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n

\n The following tables, which show results on an adjusted EBITA basis and diluted earnings per share on an adjusted basis,
are intended to supplement the Company’s discussion of its results of operations herein. The Company defines adjusted
EBITA as earnings excluding interest expense, net, income taxes, intangibles amortization expense, restructuring
expense, first year purchase accounting related items and transaction fees, and certain gains, losses or impairments.
Adjusted earnings per share excludes intangibles amortization expense, restructuring expense, first year purchase
accounting related items and transaction-related costs, and certain gains, losses or impairments. Adjusted EBITA,
adjusted EBITA margin, and adjusted earnings per share are measures used by management and may be useful for
investors to evaluate the Company’s operational performance.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n Quarter Ended Dec 31<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n 2023<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2024<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Pretax earnings <\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 175<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 775<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Percent of sales<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 4.2\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 18.6\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Interest expense, net<\/span>\n <\/p>\n<\/td>\n

\n

\n 44<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 8<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Interest income from related party1<\/sup><\/span>\n <\/p>\n<\/td>\n

\n

\n (31)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Amortization of intangibles<\/span>\n <\/p>\n<\/td>\n

\n

\n 323<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 278<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Restructuring and related costs<\/span>\n <\/p>\n<\/td>\n

\n

\n 87<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 13<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Acquisition\/divestiture fees and related costs<\/span>\n <\/p>\n<\/td>\n

\n

\n 134<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 22<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Amortization of acquisition-related inventory step-up<\/span>\n <\/p>\n<\/td>\n

\n

\n 231<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Adjusted EBITA<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 963<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,096<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Percent of sales<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 23.4\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 26.3\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n

\n Quarter Ended Dec 31<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n 2023<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2024<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n GAAP earnings from continuing operations per share<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.29<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.02<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Amortization of intangibles<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.36<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 0.31<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Restructuring and related costs<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.12<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 0.02<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Acquisition\/divestiture fees and related costs<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.17<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 0.03<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Amortization of acquisition-related inventory step-up<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.38<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Discrete taxes<\/span>\n <\/p>\n<\/td>\n

\n

\n (0.10)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Adjusted earnings from continuing operations per share<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.22<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.38<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n 1<\/sup> Represents interest on the Copeland note receivable<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n
\n \n <\/td>\n<\/tr>\n
\n

\n
\n
\n Table 6 cont.<\/u>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Quarter Ended December 31, 2024<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n Pretax
Earnings<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Income
Taxes<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Earnings from
Cont.
Ops.<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Non-
Controlling<\/span>\n <\/p>\n

\n Interests3<\/sup><\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Net
Earnings
Common
Stockholders<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Diluted
Earnings
Per
Share<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n As reported (GAAP)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 775<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 182<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 593<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 8<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 585<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.02<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Amortization of intangibles<\/span>\n <\/p>\n<\/td>\n

\n

\n 278<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 1<\/sup>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 62<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 216<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 41<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 175<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 0.31<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Restructuring and related costs<\/span>\n <\/p>\n<\/td>\n

\n

\n 13<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 2<\/sup>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 13<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 13<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 0.02<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Acquisition\/divestiture fees and related costs<\/span>\n <\/p>\n<\/td>\n

\n

\n 22<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 5<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 17<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 17<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 0.03<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Adjusted (non-GAAP)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0 1,088<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 249<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 839<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 49<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 790<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.38<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Interest expense, net<\/span>\n <\/p>\n<\/td>\n

\n

\n 8<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Adjusted EBITA (non-GAAP)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0 1,096<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n<\/table><\/div>\n
\n\n\n\n\n\n
\n \n <\/td>\n<\/tr>\n
\n

\n
\n 1<\/sup> Amortization of intangibles includes $49 reported in cost of sales.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n 2<\/sup> Restructuring and related costs includes $2 reported in selling, general and administrative expenses.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n 3<\/sup> Represents the non-controlling interest in\u00a0AspenTech applied to AspenTech’s share of each adjustment presented herein and eliminated from Emerson’s consolidated results.\u00a0<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

\n
\n
\n Table 7<\/u>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n EMERSON AND SUBSIDIARIES
ASPENTECH CONTRIBUTION TO EMERSON RESULTS SUPPLEMENTAL
(AMOUNTS IN MILLIONS EXCEPT PER SHARE, UNAUDITED)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n

\n The following tables reconcile the financial results of AspenTech reported to its shareholders with the amounts included in
Emerson’s consolidated financial results. Emerson currently owns approximately 57 percent of the common shares
outstanding of AspenTech, a separately traded public company (NASDAQ: AZPN), and consolidates AspenTech in its
financial results. The 43 percent non-controlling interest in AspenTech is removed from Emerson’s net earnings common
stockholders through the non-controlling interest line item. AspenTech is also one of Emerson’s segments and its GAAP
segment earnings is reconciled below to its consolidated impact to clarify that certain items are reported outside of its
segment earnings within Emerson corporate, including interest income and stock compensation.\u00a0<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n

\n Quarter Ended December 31, 2024<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n Pretax
Earnings<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Income
Taxes
(Benefit)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Earnings
from
Cont.
Ops.<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Non-
Controlling
Interests4<\/sup><\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Net
Earnings
Common
Stockholders<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Diluted
Earnings
Per
Share<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Standalone reporting (GAAP)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 17<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 1<\/sup>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (3)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 20<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n \u00a0Other<\/span>\n <\/p>\n<\/td>\n

\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 2<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (2)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Reported in Emerson
consolidation (GAAP)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 17<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n (1)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 18<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 8<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 10<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.02<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Adjustments:<\/u>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Amortization of intangibles<\/span>\n <\/p>\n<\/td>\n

\n

\n 122<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 2<\/sup>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 26<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 96<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 41<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 55<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 0.09<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Adjusted (Non-GAAP)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 139<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 25<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 114<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 49<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 65<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.11<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0Interest income<\/span>\n <\/p>\n<\/td>\n

\n

\n (17)<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 3<\/sup>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n \u00a0Stock compensation<\/span>\n <\/p>\n<\/td>\n

\n

\n 15<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 3<\/sup>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Adjusted segment EBITA (non-
GAAP)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 137<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n
\n Reconciliation to Segment EBIT<\/u>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Pre-tax earnings<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 17<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Interest income<\/span>\n <\/p>\n<\/td>\n

\n

\n (17)<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 3<\/sup>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Stock compensation<\/span>\n <\/p>\n<\/td>\n

\n

\n 15<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 3<\/sup>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Segment EBIT (GAAP)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 15<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Amortization of intangibles<\/span>\n <\/p>\n<\/td>\n

\n

\n 122<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 2<\/sup>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Adjusted segment EBITA (non-
GAAP)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 137<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n<\/table><\/div>\n
\n\n\n\n\n\n
\n

\n
\n 1<\/sup> Amount reflects AspenTech’s pretax earnings for the three months ended December 31, 2024 as reported in its quarterly earnings release 8-K.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n 2<\/sup> Amortization of intangibles includes $49 reported in cost of sales.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n 3<\/sup> Reported in Emerson corporate line items.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n 4<\/sup> Represents the non-controlling interest in\u00a0AspenTech applied to each adjustment presented herein and eliminated from Emerson’s consolidated results.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

\n\n\n\n\n\n
\n

\n
\n Reconciliations of Non-GAAP Financial Measures & Other<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n
\n Table 8<\/u>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Reconciliations of Non-GAAP measures with the most directly comparable GAAP measure (dollars in millions,
except per share amounts). See tables\u00a04 through 7 for additional non-GAAP reconciliations.<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n<\/table><\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

\n
\n 2025 Q1 Underlying Sales Change<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Reported<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n (Favorable) \/
Unfavorable FX<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n (Acquisitions) \/
Divestitures<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Underlying<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Final Control<\/span>\n <\/p>\n<\/td>\n

\n

\n 4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 1\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n \u2014\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 5\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Measurement & Analytical<\/span>\n <\/p>\n<\/td>\n

\n

\n 3\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 1\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n \u2014\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 4\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Discrete Automation<\/span>\n <\/p>\n<\/td>\n

\n

\n (5)\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 1\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n \u2014\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n (4)\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Safety & Productivity<\/span>\n <\/p>\n<\/td>\n

\n

\n (3)\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n \u2014\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n \u2014\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n (3)\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Intelligent Devices<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 1\u00a0%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 1\u00a0%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n \u2014\u00a0%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 2\u00a0%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Control Systems & Software<\/span>\n <\/p>\n<\/td>\n

\n

\n 2\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 1\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n \u2014\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 3\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Test & Measurement<\/span>\n <\/p>\n<\/td>\n

\n

\n (6)\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 1\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n \u2014\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n (5)\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n AspenTech<\/span>\n <\/p>\n<\/td>\n

\n

\n 18\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n \u2014\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n \u2014\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 18\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Software and Control<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 3\u00a0%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 1\u00a0%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n \u2014\u00a0%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 4\u00a0%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Emerson<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 1\u00a0%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 1\u00a0%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n \u2014\u00a0%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 2\u00a0%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n\n\n\n\n\n\n\n
\n \n <\/td>\n<\/tr>\n
\n

\n
\n Underlying Growth Guidance<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 2025 Q2
Guidance<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 2025
<\/b>
\n Guidance<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Reported (GAAP)<\/span>\n <\/p>\n<\/td>\n

\n

\n (0.5%) – 0.5%<\/span>\n <\/p>\n<\/td>\n

\n

\n 1.5% – 3.5%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n (Favorable) \/ Unfavorable FX<\/span>\n <\/p>\n<\/td>\n

\n

\n ~1.5 pts<\/span>\n <\/p>\n<\/td>\n

\n

\n ~1.5 pts<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n (Acquisitions) \/ Divestitures<\/span>\n <\/p>\n<\/td>\n

\n

\n –<\/span>\n <\/p>\n<\/td>\n

\n

\n –<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Underlying (non-GAAP)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 1% – 2%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 3% – 5%<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n
\n \n <\/td>\n<\/tr>\n
\n

\n
\n 2024 Q1 Adjusted Segment EBITA<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n EBIT<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n
\n EBIT\u00a0
<\/i>
\n <\/b>
\n
\n Margin<\/i>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Amortization
<\/b>
\n of
<\/b>
\n Intangibles<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Restructuring
and Related
Costs<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Adjusted
Segment
EBITA<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n
\n Adjusted
Segment
EBITA
Margin<\/i>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Final Control<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 194<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 20.6\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 22<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 7<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 223<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 23.6\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Measurement & Analytical<\/span>\n <\/p>\n<\/td>\n

\n

\n 235<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 24.9\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 20<\/span>\n <\/p>\n<\/td>\n

\n

\n 3<\/span>\n <\/p>\n<\/td>\n

\n

\n 258<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 27.3\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Discrete Automation<\/span>\n <\/p>\n<\/td>\n

\n

\n 97<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 15.8\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 9<\/span>\n <\/p>\n<\/td>\n

\n

\n 10<\/span>\n <\/p>\n<\/td>\n

\n

\n 116<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 18.9\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Safety & Productivity<\/span>\n <\/p>\n<\/td>\n

\n

\n 68<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 21.1\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 6<\/span>\n <\/p>\n<\/td>\n

\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n

\n

\n 74<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 23.1\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Intelligent Devices<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 594<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n
\n 21.0\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 57<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 20<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 671<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n
\n 23.8\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Control Systems & Software<\/span>\n <\/p>\n<\/td>\n

\n

\n 149<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 22.1\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 5<\/span>\n <\/p>\n<\/td>\n

\n

\n 1<\/span>\n <\/p>\n<\/td>\n

\n

\n 155<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 23.1\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Test & Measurement<\/span>\n <\/p>\n<\/td>\n

\n

\n (78)<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n (20.4)\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 139<\/span>\n <\/p>\n<\/td>\n

\n

\n 40<\/span>\n <\/p>\n<\/td>\n

\n

\n 101<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 26.5\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n AspenTech<\/span>\n <\/p>\n<\/td>\n

\n

\n (35)<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n (13.7)\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 122<\/span>\n <\/p>\n<\/td>\n

\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n

\n

\n 87<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 33.6\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Software and Control<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 36<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n
\n 2.8\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 266<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 41<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 343<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n
\n 26.1\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n
\n \n <\/td>\n<\/tr>\n
\n

\n
\n 2025 Q1 Adjusted Segment EBITA<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n EBIT<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n
\n EBIT\u00a0
<\/i>
\n <\/b>
\n
\n Margin<\/i>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Amortization
<\/b>
\n of
<\/b>
\n Intangibles<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Restructuring
and Related
Costs<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Adjusted
Segment
EBITA<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n
\n Adjusted
Segment
EBITA
Margin<\/i>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Final Control<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 236<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 24.2\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 22<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 260<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 26.6\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Measurement & Analytical<\/span>\n <\/p>\n<\/td>\n

\n

\n 285<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 29.2\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 10<\/span>\n <\/p>\n<\/td>\n

\n

\n 1<\/span>\n <\/p>\n<\/td>\n

\n

\n 296<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 30.4\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Discrete Automation<\/span>\n <\/p>\n<\/td>\n

\n

\n 98<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 16.9\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 8<\/span>\n <\/p>\n<\/td>\n

\n

\n 6<\/span>\n <\/p>\n<\/td>\n

\n

\n 112<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 19.3\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Safety & Productivity<\/span>\n <\/p>\n<\/td>\n

\n

\n 67<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 21.6\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 6<\/span>\n <\/p>\n<\/td>\n

\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n

\n

\n 73<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 23.8\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Intelligent Devices<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 686<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n
\n 24.1\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 46<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 9<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 741<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n
\n 26.1\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Control Systems & Software<\/span>\n <\/p>\n<\/td>\n

\n

\n 193<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 27.9\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 5<\/span>\n <\/p>\n<\/td>\n

\n

\n 2<\/span>\n <\/p>\n<\/td>\n

\n

\n 200<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 28.8\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Test & Measurement<\/span>\n <\/p>\n<\/td>\n

\n

\n (13)<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n (3.6)\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 105<\/span>\n <\/p>\n<\/td>\n

\n

\n (1)<\/span>\n <\/p>\n<\/td>\n

\n

\n 91<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 25.5\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n AspenTech<\/span>\n <\/p>\n<\/td>\n

\n

\n 15<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 4.8\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 122<\/span>\n <\/p>\n<\/td>\n

\n

\n \u2014<\/span>\n <\/p>\n<\/td>\n

\n

\n 137<\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 45.1\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Software and Control<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 195<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n
\n 14.4\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 232<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 428<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n
\n 31.6\u00a0%<\/b>
\n <\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n\n\n\n\n\n\n\n\n\n\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Total Adjusted Segment EBITA<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 2024 Q1<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 2025 Q1<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Pretax earnings (GAAP)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 175<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 775<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Margin<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 4.2\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 18.6\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Corporate items and interest expense, net<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 455<\/span>\n <\/p>\n<\/td>\n

\n

\n 106<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Amortization of intangibles<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 323<\/span>\n <\/p>\n<\/td>\n

\n

\n 278<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Restructuring and related costs<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 61<\/span>\n <\/p>\n<\/td>\n

\n

\n 10<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Adjusted segment EBITA (non-GAAP)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,014<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,169<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Margin<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 24.6\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 28.0\u00a0%<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n\n\n\n\n\n\n\n
\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Free Cash Flow<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 2024 Q1<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n 2025 Q1<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 2025E
<\/b>
\n ($ in billions)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n Operating cash flow (GAAP)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 444<\/span>\n <\/p>\n<\/td>\n

\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 777<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $3.6 – $3.7<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n Capital expenditures<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (77)<\/span>\n <\/p>\n<\/td>\n

\n

\n (83)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n ~(0.4)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n Free cash flow (non-GAAP)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 367<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 694<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n $3.2 – $3.3<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n<\/table><\/div>\n
\n\n\n\n
\n

\n Note 1: Underlying sales and orders exclude the impact of currency translation and significant acquisitions and divestitures.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Note 2: All fiscal year 2025E figures are approximate, except where range is given. <\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/emerson-reports-first-quarter-2025-results-updates-2025-outlook-302368226.html<\/a><\/p>\n

SOURCE Emerson<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire ST. LOUIS , Feb. 5, 2025 \/PRNewswire\/ — Emerson (NYSE:\u00a0EMR) today reported results1 for its first quarter ended December\u00a031, 2024 and updated its full year outlook for fiscal 2025. Emerson also declared a quarterly cash dividend of $0.5275 per share of common stock payable March 10, 2025 to stockholders of record on February 14, 2025. (dollars in millions, except per share) 2024 Q1 2025 Q1 Change Underlying Orders2 1\u00a0% Net Sales $4,117 $4,175 1\u00a0% Underlying Sales3 2\u00a0% Pretax Earnings $175 $775 Margin 4.2\u00a0% 18.6\u00a0% 1440 bps Adjusted Segment EBITA4 $1,014 $1,169 Margin 24.6\u00a0% 28.0\u00a0% 340 bps GAAP Earnings Per Share $0.29 $1.02 252\u00a0% Adjusted Earnings Per Share5 $1.22 $1.38 13\u00a0% Operating Cash Flow $444 $777 75\u00a0% Free Cash … <\/p>\n

Continue reading “Emerson Reports First Quarter 2025 Results; Updates 2025 Outlook”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-808967","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nEmerson Reports First Quarter 2025 Results; Updates 2025 Outlook - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/emerson-reports-first-quarter-2025-results-updates-2025-outlook\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Emerson Reports First Quarter 2025 Results; Updates 2025 Outlook - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire ST. LOUIS , Feb. 5, 2025 \/PRNewswire\/ — Emerson (NYSE:\u00a0EMR) today reported results1 for its first quarter ended December\u00a031, 2024 and updated its full year outlook for fiscal 2025. Emerson also declared a quarterly cash dividend of $0.5275 per share of common stock payable March 10, 2025 to stockholders of record on February 14, 2025. (dollars in millions, except per share) 2024 Q1 2025 Q1 Change Underlying Orders2 1\u00a0% Net Sales $4,117 $4,175 1\u00a0% Underlying Sales3 2\u00a0% Pretax Earnings $175 $775 Margin 4.2\u00a0% 18.6\u00a0% 1440 bps Adjusted Segment EBITA4 $1,014 $1,169 Margin 24.6\u00a0% 28.0\u00a0% 340 bps GAAP Earnings Per Share $0.29 $1.02 252\u00a0% Adjusted Earnings Per Share5 $1.22 $1.38 13\u00a0% Operating Cash Flow $444 $777 75\u00a0% Free Cash … Continue reading "Emerson Reports First Quarter 2025 Results; Updates 2025 Outlook"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/emerson-reports-first-quarter-2025-results-updates-2025-outlook\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-05T11:58:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/2316737\/Emerson_Logo_1.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"12 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/emerson-reports-first-quarter-2025-results-updates-2025-outlook\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/emerson-reports-first-quarter-2025-results-updates-2025-outlook\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Emerson Reports First Quarter 2025 Results; 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Updates 2025 Outlook - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/emerson-reports-first-quarter-2025-results-updates-2025-outlook\/","og_locale":"en_US","og_type":"article","og_title":"Emerson Reports First Quarter 2025 Results; Updates 2025 Outlook - Market Newsdesk","og_description":"PR Newswire ST. LOUIS , Feb. 5, 2025 \/PRNewswire\/ — Emerson (NYSE:\u00a0EMR) today reported results1 for its first quarter ended December\u00a031, 2024 and updated its full year outlook for fiscal 2025. Emerson also declared a quarterly cash dividend of $0.5275 per share of common stock payable March 10, 2025 to stockholders of record on February 14, 2025. (dollars in millions, except per share) 2024 Q1 2025 Q1 Change Underlying Orders2 1\u00a0% Net Sales $4,117 $4,175 1\u00a0% Underlying Sales3 2\u00a0% Pretax Earnings $175 $775 Margin 4.2\u00a0% 18.6\u00a0% 1440 bps Adjusted Segment EBITA4 $1,014 $1,169 Margin 24.6\u00a0% 28.0\u00a0% 340 bps GAAP Earnings Per Share $0.29 $1.02 252\u00a0% Adjusted Earnings Per Share5 $1.22 $1.38 13\u00a0% Operating Cash Flow $444 $777 75\u00a0% Free Cash … Continue reading \"Emerson Reports First Quarter 2025 Results; Updates 2025 Outlook\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/emerson-reports-first-quarter-2025-results-updates-2025-outlook\/","og_site_name":"Market Newsdesk","article_published_time":"2025-02-05T11:58:12+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/2316737\/Emerson_Logo_1.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"12 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/emerson-reports-first-quarter-2025-results-updates-2025-outlook\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/emerson-reports-first-quarter-2025-results-updates-2025-outlook\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Emerson Reports First Quarter 2025 Results; 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