Emerson Electric is a multinational American corporation that designs, produce and delivers products, systems and solutions in commercial, consumer, and industrial markets.
The company, based in Ferguson, Missouri, is publicly listed on the New York Stock Exchange (NYSE) under the stock ticker symbol ‘EMR’.
Emerson has nine main business platforms:
Emerson Process Management™ – measurement and analytical technologies for process clarity and insight and final control technologies.
Emerson Industrial Automation™ – electrical protection, power generation, power quality, fluid automation, materials joining, power transmission, machine motion and precision cleaning.
Emerson Network Power™ – secures critical infrastructure for healthcare, data centers, communication networks, and industrial facilities.
Emerson Climate Technologies™ – provides ventilation, heating, air conditioning, and refrigeration solutions for industrial, residential, and commercial applications.
Emerson Commercial & Residential Solutions™ – offers technologies in the Appliances, Tools, and Storage markets.
Emerson was founded by John Wesley Emerson in 1890 in St. Louis, Missouri under the name Emerson Electric Manufacturing to manufacture electric motors. It became the first company to sell electric fans in America.
Overview
- Chairman and CEO: D. N. Farr
- CFO: F. J. Dellaquila
- Type: Public
- Industry: Electrical Equipment
- Publicly listed on the New York Stock Exchange (NYSE)
- NYSE stock ticker symbol: EMR
- S&P 500 Component
- Revenue: $24.222 billion USD (2013)
- Net income: $2.530 billion USD (2013)
- Diluted earnings per share: $3.27 USD (2013)
- Founded: 1890
- Founder(s): John Wesley Emerson
- Employees: 131,600 (2013)
- Corporate headquarters: 8000 W. Florissant Ave., St. Louis, Missouri, USA
- Corporate contact number: (314) 553-2000
- Website: http://www.emerson.com/
| Operating data (in $ millions) | 2013 | 2012 |
| Net sales | $24,222 | $24,412 |
| Cost of sales | $14,665 | $14,644 |
| Selling, general and administrative expenses | $5,328 | $5,436 |
| Goodwill impairment | $19 | $592 |
| Earnings from continuing operations | $2,504 | $2,024 |
| Net earnings | $2,530 | $2,024 |
| Comprehensive income | $2,398 | $1,854 |
| Balance sheet data (in $ millions) | ||
| Total assets | $23,818 | $24,711 |
| Long-term debt | $2,456 | $2,313 |
| Total stockholders’ equity | $10,295 | $10,585 |
| Cash flow data (in $ millions) | ||
| Net cash provided by operating activities | $3,179 | $4,849 |
| Net cash provided by (used in) investing activities | $2,945 | $(1,346) |
| Net cash used in financing activities | $(1,474) | $(2,697) |
| Cash and cash equivalents at end of period | $8,941 | $4,284 |
| Common share data (in $) | ||
| Basic earnings (loss) per common share | $3.29 | $2.68 |
| Diluted earnings (loss) per common share | $3.27 | $2.67 |
Source: “Emerson Electric Company 2013 Annual Report”