Stock Analysis on Net

Emerson Electric Co. (NYSE:EMR)

This company has been moved to the archive! The financial data has not been updated since April 24, 2020.

Common-Size Income Statement

Emerson Electric Co., common-size consolidated income statement

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12 months ended: Sep 30, 2019 Sep 30, 2018 Sep 30, 2017 Sep 30, 2016 Sep 30, 2015 Sep 30, 2014
Net sales 100.00 100.00 100.00 100.00 100.00 100.00
Cost of sales -57.46 -57.15 -58.05 -56.88 -59.43 -58.60
Gross profit 42.54% 42.85% 41.95% 43.12% 40.57% 41.40%
Selling, general and administrative expenses -24.26 -24.46 -23.70 -23.85 -23.24 -23.29
Gains on divestitures of businesses 0.00 0.00 0.00 0.00 4.66 0.00
Goodwill impairment 0.00 0.00 0.00 0.00 0.00 -2.07
Amortization of intangibles (intellectual property and customer relationships) -1.30 -1.21 -0.89 -0.58 -0.96 -0.92
Restructuring costs -0.52 -0.37 -0.51 -0.66 -0.95 -0.22
Other 0.04 -0.57 -0.47 -0.79 -0.65 -0.46
Other deductions, net -1.77% -2.16% -1.87% -2.02% -2.56% -1.60%
Earnings from continuing operations before interest and income taxes 16.51% 16.23% 16.38% 17.24% 19.42% 14.44%
Interest income 0.15 0.25 0.24 0.19 0.13 0.10
Interest expense -1.09 -1.16 -1.32 -1.48 -0.90 -0.89
Interest expense, net of interest income -0.95% -0.91% -1.08% -1.29% -0.77% -0.79%
Earnings from continuing operations before income taxes 15.56% 15.32% 15.30% 15.95% 18.66% 13.64%
Income taxes -2.89 -2.54 -4.32 -4.80 -6.40 -4.74
Earnings from continuing operations 12.67% 12.78% 10.97% 11.15% 12.25% 8.90%
Discontinued operations, net of tax 0.00 0.00 -0.82 0.31 0.00 0.00
Net earnings 12.67% 12.78% 10.15% 11.46% 12.25% 8.90%
Noncontrolling interests in earnings of subsidiaries -0.12 -0.12 -0.21 -0.20 -0.10 -0.15
Net earnings common stockholders 12.55% 12.66% 9.94% 11.26% 12.15% 8.75%

Based on: 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30).

Income statement item Description The company
Earnings from continuing operations before interest and income taxes The net result for the period of deducting operating expenses from operating revenues. Emerson Electric Co. earnings from continuing operations before interest and income taxes as a percentage of net sales decreased from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level.
Earnings from continuing operations before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Emerson Electric Co. earnings from continuing operations before income taxes as a percentage of net sales increased from 2017 to 2018 and from 2018 to 2019.
Net earnings common stockholders The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Emerson Electric Co. net earnings common stockholders as a percentage of net sales increased from 2017 to 2018 but then slightly decreased from 2018 to 2019.