Emerson Electric Co. (EMR)

Annual Data

Quarterly Data

Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.

Emerson Electric Co., long-term (investment) activity ratios

	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015	Sep 30, 2014	Sep 30, 2013	Sep 30, 2012
Net fixed asset turnover	4.60	4.95	6.22	6.45	6.84	6.96
Total asset turnover	0.78	0.67	1.01	1.01	1.00	1.02
Equity turnover	1.75	1.92	2.76	2.42	2.33	2.37

Source: Based on data from Emerson Electric Co. Annual Reports

Ratio	Description	The company
Net fixed asset turnover	An activity ratio calculated as total revenue divided by net fixed assets.	Emerson Electric Co.'s net fixed asset turnover deteriorated from 2015 to 2016 and from 2016 to 2017.
Total asset turnover	An activity ratio calculated as total revenue divided by total assets.	Emerson Electric Co.'s total asset turnover deteriorated from 2015 to 2016 but then slightly improved from 2016 to 2017.
Equity turnover	An activity ratio calculated as total revenue divided by shareholders' equity.	Emerson Electric Co.'s equity turnover deteriorated from 2015 to 2016 and from 2016 to 2017.

Emerson Electric Co., net fixed asset turnover calculation, comparison to benchmarks

	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015	Sep 30, 2014	Sep 30, 2013	Sep 30, 2012
Selected Financial Data (USD $ in millions)
Net sales	15,264	14,522	22,304	24,537	24,669	24,412
Property, plant and equipment, net	3,321	2,931	3,585	3,802	3,605	3,509
Ratio
Net fixed asset turnover¹	4.60	4.95	6.22	6.45	6.84	6.96
Benchmarks
Net Fixed Asset Turnover, Industry
Industrials	2.93	2.90	2.97	2.98	2.94	–

Source: Based on data from Emerson Electric Co. Annual Reports

2017 Calculations

¹ Net fixed asset turnover = Net sales ÷ Property, plant and equipment, net
= 15,264 ÷ 3,321 = 4.60

Ratio	Description	The company
Net fixed asset turnover	An activity ratio calculated as total revenue divided by net fixed assets.	Emerson Electric Co.'s net fixed asset turnover deteriorated from 2015 to 2016 and from 2016 to 2017.

Emerson Electric Co., total asset turnover calculation, comparison to benchmarks

	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015	Sep 30, 2014	Sep 30, 2013	Sep 30, 2012
Selected Financial Data (USD $ in millions)
Net sales	15,264	14,522	22,304	24,537	24,669	24,412
Total assets	19,589	21,743	22,088	24,177	24,711	23,818
Ratio
Total asset turnover¹	0.78	0.67	1.01	1.01	1.00	1.02
Benchmarks
Total Asset Turnover, Industry
Industrials	0.63	0.62	0.58	0.53	0.52	–

Source: Based on data from Emerson Electric Co. Annual Reports

2017 Calculations

¹ Total asset turnover = Net sales ÷ Total assets
= 15,264 ÷ 19,589 = 0.78

Ratio	Description	The company
Total asset turnover	An activity ratio calculated as total revenue divided by total assets.	Emerson Electric Co.'s total asset turnover deteriorated from 2015 to 2016 but then slightly improved from 2016 to 2017.

Emerson Electric Co., equity turnover calculation, comparison to benchmarks

	Sep 30, 2017	Sep 30, 2016	Sep 30, 2015	Sep 30, 2014	Sep 30, 2013	Sep 30, 2012
Selected Financial Data (USD $ in millions)
Net sales	15,264	14,522	22,304	24,537	24,669	24,412
Common stockholders' equity	8,718	7,568	8,081	10,119	10,585	10,295
Ratio
Equity turnover¹	1.75	1.92	2.76	2.42	2.33	2.37
Benchmarks
Equity Turnover, Industry
Industrials	2.81	2.72	2.41	2.15	1.90	–

Source: Based on data from Emerson Electric Co. Annual Reports

2017 Calculations

¹ Equity turnover = Net sales ÷ Common stockholders' equity
= 15,264 ÷ 8,718 = 1.75

Ratio	Description	The company
Equity turnover	An activity ratio calculated as total revenue divided by shareholders' equity.	Emerson Electric Co.'s equity turnover deteriorated from 2015 to 2016 and from 2016 to 2017.

Long-term (Investment) Activity Analysis