Emerson Electric (EMR) balance sheet

NYSE · Industrials · Industrial - Machinery · 71,000 employees · CEO Surendralal Lanca Karsanbhai

Price: $164.82 -3.47%
Market cap: $91.9B
Enterprise value: $104B
Last report: Q3 '26 filed 2026-08-04
Next report: 2026-11-04 EPS est. $1.85

At the end of Q3 '26 Emerson Electric (EMR) held $2.18B in cash and short-term investments against $13.8B of debt incl. leases. Total assets $42.2B, total liabilities $21.8B, shareholders' equity $20.4B.

Balance sheet

Balance sheet	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Assets
Cash & equivalents	$8.05B	$2.08B	$2.32B	$2.3B	$3.59B	$2.83B	$1.89B	$2.22B	$1.54B	$1.75B	$1.79B	$2.18B
Receivables	$2.52B	$2.76B	$2.88B	$2.76B	$2.93B	$2.69B	$2.9B	$2.91B	$3.1B	$2.97B	$3.16B	$3.06B
Inventory	$2.01B	$2.43B	$2.36B	$2.3B	$2.18B	$2.2B	$2.22B	$2.29B	$2.21B	$2.35B	$2.45B	$2.51B
Other current assets	$1.24B	$1.4B	$1.46B	$1.46B	$1.5B	$1.47B	$1.62B	$1.66B	$1.73B	$1.77B	$1.85B	$1.91B
Current assets	$13.8B	$8.67B	$9.01B	$8.82B	$10.2B	$9.19B	$8.63B	$9.07B	$8.58B	$8.84B	$9.25B	$9.66B
Property, plant & equipment (net)	$2.36B	$3.34B	$3.38B	$2.69B	$3.5B	$2.74B	$2.76B	$2.79B	$3.51B	$2.87B	$2.85B	$2.86B
Long-term investments	$3.26B	$3.25B	$3.19B	$2.91B	$0	$0	$0	$0	$676M	$660M	$640M	$643M
Goodwill	$14.5B	$18B	$18B	$17.9B	$18.1B	$17.9B	$18B	$18.2B	$18.2B	$18.2B	$18.2B	$18.1B
Intangible assets	$6.26B	$11.3B	$11B	$10.6B	$10.4B	$10B	$9.82B	$9.67B	$9.46B	$9.21B	$8.95B	$8.69B
Deferred tax assets	$0	$98M	$63M	$0	$64M	$0	$0	$0	$79M	$0	$0	$0
Other non-current assets	$2.57B	$1.91B	$1.86B	$2.61B	$1.99B	$2.74B	$2.77B	$2.83B	$1.47B	$2.18B	$2.24B	$2.24B
Non-current assets	$28.9B	$37.8B	$37.4B	$36.8B	$34.1B	$33.4B	$33.4B	$33.4B	$33.4B	$33.1B	$32.8B	$32.6B
Total assets	$42.7B	$46.5B	$46.4B	$45.6B	$44.2B	$42.6B	$42B	$42.5B	$42B	$41.9B	$42.1B	$42.2B
Liabilities
Accounts payable	$1.28B	$1.23B	$1.27B	$1.25B	$1.34B	$1.26B	$1.34B	$1.27B	$1.38B	$1.34B	$1.47B	$1.61B
Accrued expenses	$618M	$1.17B	$1.16B	$0	$1.3B	$3.63B	$1.26B	$1.46B	$1.49B	$1.38B	$1.34B	$3.57B
Short-term debt	$691M	$3.23B	$3.16B	$2.99B	$532M	$1.07B	$6.04B	$5.95B	$4.8B	$5.69B	$5.8B	$5.73B
Taxes payable	$0	$274M	$220M	$231M	$0	$0	$150M	$0	$0	$0	$0	$0
Deferred revenue	$1.76B	$1.13B	$1.1B	$1.09B	$1.04B	$0	$1.11B	$1.13B	$1.03B	$1.09B	$1.18B	$1.13B
Other current liabilities	$690M	$572M	$605M	$1.88B	$788M	$0	$794M	$772M	$830M	$685M	$663M	-$1.34B
Current liabilities	$5.03B	$7.77B	$7.66B	$7.59B	$5.74B	$5.96B	$10.8B	$10.7B	$9.8B	$10.5B	$10.7B	$10.8B
Long-term debt	$7.61B	$7.63B	$7.61B	$7.11B	$7.16B	$6.56B	$8.18B	$8.28B	$8.32B	$7.58B	$7.56B	$7.53B
Lease obligations (non-current)	$404M	$465M	$511M	$511M	$511M	$0	$488M	$488M	$505M	$513M	$554M	$547M
Deferred tax liabilities	$1.97B	$2.83B	$2.65B	$2.51B	$2.14B	$0	$2.01B	$1.91B	$1.82B	$1.79B	$1.75B	$1.7B
Other non-current liabilities	$1.13B	$1.27B	$1.22B	$1.18B	$1.19B	$3.72B	$1.19B	$1.22B	$1.22B	$1.25B	$1.26B	$1.27B
Non-current liabilities	$11.1B	$12.2B	$12B	$11.3B	$11B	$10.3B	$11.9B	$11.9B	$11.9B	$11.1B	$11.1B	$11B
Total liabilities	$16.1B	$20B	$19.7B	$18.9B	$16.7B	$16.2B	$22.7B	$22.6B	$21.7B	$21.6B	$21.8B	$21.8B
Equity
Common stock & paid-in capital	$477M	$477M	$477M	$477M	$477M	$477M	$477M	$477M	$477M	$477M	$477M	$477M
Retained earnings	$40.1B	$39.9B	$40.1B	$40.1B	$40.8B	$41.1B	$40B	$40.3B	$40.6B	$40.9B	$41.2B	$41.6B
Accumulated other comprehensive income	-$1.25B	-$1.09B	-$1.1B	-$1.24B	-$868M	-$1.34B	-$1.15B	-$850M	-$821M	-$828M	-$861M	-$895M
Shareholders' equity	$20.7B	$20.7B	$20.9B	$20.8B	$21.6B	$20.5B	$19.2B	$19.9B	$20.3B	$20.3B	$20.3B	$20.4B
Debt
Total debt (incl. leases)	$8.71B	$11.5B	$11.4B	$10.8B	$8.36B	$7.62B	$14.9B	$14.9B	$13.8B	$13.9B	$14.1B	$13.8B
Net debt (debt - cash)	$654M	$9.41B	$9.12B	$8.47B	$4.77B	$4.79B	$13B	$12.7B	$12.2B	$12.2B	$12.3B	$11.6B

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	$3.18B	$3.06B	$1.09B	$1.49B	$3.32B	$2.35B	$1.8B	$8.05B	$3.59B	$1.54B
Receivables	$2.7B	$3.07B	$3.02B	$2.99B	$2.8B	$2.97B	$2.26B	$2.52B	$2.93B	$3.1B
Inventory	$1.21B	$1.7B	$1.81B	$1.88B	$1.93B	$2.05B	$1.74B	$2.01B	$2.18B	$2.21B
Other current assets	$2.87B	$422M	$369M	$780M	$761M	$1.06B	$2.7B	$1.24B	$1.5B	$1.73B
Current assets	$9.96B	$8.25B	$6.62B	$7.14B	$8.81B	$8.43B	$8.51B	$13.8B	$10.2B	$8.58B
Property, plant & equipment (net)	$2.93B	$3.32B	$3.56B	$3.64B	$3.69B	$3.74B	$2.24B	$2.36B	$3.5B	$3.51B
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$3.26B	$0	$676M
Goodwill	$3.91B	$5.32B	$6.46B	$6.54B	$6.73B	$7.72B	$13.9B	$14.5B	$18.1B	$18.2B
Intangible assets	$902M	$1.89B	$2.75B	$2.62B	$2.47B	$2.88B	$6.57B	$6.26B	$10.4B	$9.46B
Deferred tax assets	$0	$0	$0	$0	$0	$0	$0	$0	$64M	$79M
Other non-current assets	$4.03B	$810M	$1B	$565M	$1.19B	$1.95B	$4.41B	$2.57B	$1.99B	$1.47B
Non-current assets	$11.8B	$11.3B	$13.8B	$13.4B	$14.1B	$16.3B	$27.2B	$28.9B	$34.1B	$33.4B
Total assets	$21.7B	$19.6B	$20.4B	$20.5B	$22.9B	$24.7B	$35.7B	$42.7B	$44.2B	$42B
Liabilities
Accounts payable	$1.52B	$1.78B	$1.94B	$1.87B	$1.72B	$2.11B	$1.28B	$1.28B	$1.34B	$1.38B
Accrued expenses	$2.13B	$2.34B	$2.6B	$2.66B	$2.91B	$690M	$523M	$618M	$1.3B	$1.49B
Short-term debt	$2.58B	$862M	$1.62B	$1.44B	$1.16B	$1.03B	$2.24B	$691M	$532M	$4.8B
Taxes payable	$180M	$65M	$64M	$0	$0	$0	$0	$0	$0	$0
Deferred revenue	$0	$0	$0	$0	$0	$730M	$1.53B	$1.76B	$1.04B	$1.03B
Other current liabilities	$1.6B	$0	$0	$0	$0	$1.69B	$2.21B	$690M	$788M	$830M
Current liabilities	$8.01B	$5.05B	$6.16B	$5.98B	$5.79B	$6.25B	$7.78B	$5.03B	$5.74B	$9.8B
Long-term debt	$4.05B	$3.79B	$3.14B	$4.28B	$6.33B	$5.79B	$8.26B	$7.61B	$7.16B	$8.32B
Lease obligations (non-current)	$0	$0	$0	$0	$373M	$413M	$312M	$404M	$511M	$505M
Deferred tax liabilities	$210M	$425M	$484M	$327M	$261M	$711M	$1.71B	$1.97B	$2.14B	$1.82B
Other non-current liabilities	$1.85B	$1.56B	$1.62B	$1.64B	$1.69B	$1.63B	$1.29B	$1.13B	$1.19B	$1.22B
Non-current liabilities	$6.11B	$5.77B	$5.24B	$6.25B	$8.65B	$8.55B	$11.6B	$11.1B	$11B	$11.9B
Total liabilities	$14.1B	$10.8B	$11.4B	$12.2B	$14.4B	$14.8B	$19.4B	$16.1B	$16.7B	$21.7B
Equity
Common stock & paid-in capital	$477M	$477M	$477M	$477M	$477M	$477M	$477M	$477M	$477M	$477M
Retained earnings	$21.7B	$22B	$23.1B	$24.2B	$25B	$26B	$28.1B	$40.1B	$40.8B	$40.6B
Accumulated other comprehensive income	-$2B	-$1.02B	-$1.02B	-$1.72B	-$1.58B	-$872M	-$1.49B	-$1.25B	-$868M	-$821M
Shareholders' equity	$7.57B	$8.72B	$8.95B	$8.23B	$8.41B	$9.88B	$10.4B	$20.7B	$21.6B	$20.3B
Debt
Total debt (incl. leases)	$6.64B	$4.66B	$4.76B	$5.72B	$7.86B	$7.23B	$10.8B	$8.71B	$8.36B	$13.8B
Net debt (debt - cash)	$3.45B	$1.59B	$3.67B	$4.23B	$4.54B	$4.88B	$9.01B	$654M	$4.77B	$12.2B

Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-Q 2025-12-31, 10-K 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-Q 2024-12-31, 10-K 2024-09-30, 10-Q 2024-06-30

Data as of 2026-11-01