Emerson Electric Co.

Emerson Q4 FY2026: 14% order growth and $13B project funnel signal durable acceleration into FY2027 5% growth guide.

Emerson exited FY2026 with the strongest order momentum in years — underlying orders up 14% in Q4, backlog up 11% to $8.2 billion, and a project funnel that grew $600 million sequentially to $13 billion — driven by power, LNG, and semiconductor demand. Management guided FY2027 underlying sales growth of 5% with adjusted EPS of $7.25 (up 10%) and $3.8 billion in shareholder returns, maintaining its trajectory toward 2028 commitments despite persistent headwinds in Europe and China. The front-loaded $1.5 billion Q1 share repurchase signals both valuation conviction and deliberate optionality for bolt-on M&A later in the year.

Emerson Electric is a global automation technology and software company serving process, hybrid, and discrete manufacturers across a diversified set of industrial end markets. The company operates through six segments organized into two business groups — Intelligent Devices and Software and Control — providing solutions ranging from control valves and instrumentation to distributed control systems and asset optimization software. A multiyear portfolio transformation, including the acquisitions of National Instruments and AspenTech and the divestiture of Climate Technologies, has repositioned Emerson as a focused industrial automation pure-play.

Primary products

• control valves
• isolation valves
• shutoff valves
• pressure relief valves
• pressure safety valves
• actuators

“Management believes Emerson has a market leadership position in many of its product lines.” Competitive position, as stated in the filing