Emerson Electric Co. reports 15 percent increase in net sales to $17.5 billion for 2024
Emerson Electric Co. reported net sales of $17.5 billion for fiscal year 2024, an increase of $2.3 billion, or 15 percent, compared with 2023. Intelligent Devices sales rose by 5 percent, while Software and Control sales increased by 48 percent, reflecting the impact of the Test & Measurement acquisition. Underlying sales were up 6 percent, driven by a 4 percent higher volume and a 2 percent higher price. The Test & Measurement acquisition contributed 9.5 percent to sales growth, while the divestiture of Metran reduced sales by 0.5 percent. International sales, including U.S. exports, represented 59 percent of total sales and grew by 1 percent to $10.6 billion in 2025. The company generated approximately $3.7 billion in operating cash flow from continuing operations in 2025. Total assets stood at $42 billion and stockholders' equity at $20 billion.
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