Emerson Electric Co. filed its Annual Report on Form 10-K with the U.S. Securities and Exchange Commission for the fiscal year ended September 30, 2026, disclosing a reorganized five-segment structure, recent portfolio transactions, and key financial metrics.

Key Highlights

  • Fiscal year covered: The report covers the year ended September 30, 2026, for Emerson Electric Co., listed on the New York Stock Exchange as NYSE:EMR.
  • Shares outstanding: Common stock outstanding as of October 31, 2026, totaled 548.6 million shares.
  • Nonaffiliate voting stock value: The aggregate market value of the voting stock held by nonaffiliates as of March 31, 2026, was $73.2 billion, according to the filing.
  • AspenTech acquisition: On March 12, 2025, Emerson completed its purchase of remaining outstanding AspenTech shares for approximately $7.2 billion, making AspenTech a wholly owned subsidiary.
  • National Instruments acquisition: On October 11, 2023, the Company completed the acquisition of National Instruments Corporation at an equity value of $8.2 billion.
  • Copeland divestiture: In August 2024, Emerson sold its 40 percent non-controlling equity interest in Copeland to Blackstone-managed funds for $1.5 billion, plus its note receivable to Copeland for $1.9 billion.
  • Revised segment structure: Effective in fiscal 2026, Emerson reports results for five segments across three business groups, with prior year amounts reclassified to conform to the current presentation.

Emerson's Automation Portfolio and Restructured Reporting Segments in Fiscal 2026

According to the filing, Emerson Electric Co. describes itself as "a global automation company that provides innovative solutions for customers in a wide range of end markets around the world." The Company's portfolio spans intelligent devices, control systems, and design and optimization software, serving process industries such as power, chemical, and energy; hybrid industries including life sciences, metals and mining, and food and beverage; and discrete industries such as semiconductor, aerospace and defense, and automotive. Sales by geographic destination in 2026 were reported as: the Americas, 52 percent; Asia, Middle East and Africa, 30 percent (with China at 9 percent); and Europe, 18 percent.

The filing states that effective in fiscal 2026, Emerson revised its management organization and now reports results for five segments across three business groups. The Software and Systems business group includes the Control Systems and Software segment, which features brands such as DeltaV and Ovation control systems and AspenTech's asset optimization software, as well as the Test and Measurement segment, which operates under the NI brand and delivers automated test platforms, modular hardware, and software tools. The filing notes that AspenTech's results are reported within the Control Systems and Software segment following the March 2025 acquisition, and that NI, acquired in October 2023, is now referred to as Test and Measurement and reported as a segment within the Software and Systems business group.

The filing also details the Company's recent portfolio transactions. The sale of a majority stake in its Climate Technologies business to Blackstone-managed funds was completed on May 31, 2023, with Emerson initially retaining a 40 percent non-controlling common equity interest in the resulting joint venture, named Copeland. That remaining interest was subsequently sold in August 2024. The Company disclosed that Emerson was incorporated in Missouri in 1890 and is classified as a large accelerated filer and a well-known seasoned issuer under SEC definitions.

What Was Disclosed

Emerson Electric Co. filed its fiscal year 2026 Form 10-K reporting a five-segment structure, an aggregate market value of voting stock held by nonaffiliates of $73.2 billion as of March 31, 2026, 548.6 million common shares outstanding as of October 31, 2026, and details of portfolio transactions including the $7.2 billion AspenTech acquisition, the $8.2 billion NI acquisition, and the sale of the Copeland interest for $1.5 billion plus a $1.9 billion note receivable.