Rockwell Automation, Inc. (ROK) financials

NYSE · Industrials · Industrial - Machinery · 26,000 employees · CEO Blake D. Moret

Price: $436.20 -3.37%
Market cap: $48.5B
Enterprise value: $51.7B
Last report: Q3 '26 filed 2026-08-04
Next report: 2026-11-05 EPS est. $3.69

Revenue (TTM)$8.97B+11.3% vs a year agoLast 4 quarters; bars = each quarter

Operating margin (TTM)21.7%+4.8 pp vs a year agoOperating income $1.95B

Net income (TTM)$1.2B+23.8% vs a year agoAfter tax, incl. non-operating gains

Free cash flow (TTM)$1.5B+13.9% vs a year agoCapex $228M

Diluted EPS (TTM)$10.64+24.9% vs a year agoSum of the last 4 quarters

Net cash-$3.13B+7.3% vs a year agoCash + short-term investments - debt

Valuation & key figures

Market cap: $48.5B
Revenue: $8.97B
Revenue growth: +9%
Profit margin: 13.4%
P/E: 40.8×
P/S: 5.4×
EV / EBITDA: 29.2×
Free cash flow: $1.5B
Net income: $1.2B
Revenue estimate: $9.06B
Earnings: 2026-11-05
Dividend: $5.52

Key takeaways

Computed from the reported numbers - every statement carries the figure it rests on.

Last report (2026-08-04): revenue beat by 3.0%, EPS beat by 3.3%Revenue $2.31B vs $2.24B expected (+3.0%); EPS $3.49 vs $3.38 (+3.3%).
Revenue growth slowing: 7.9% year on yearQ3 '26 revenue $2.31B, against an average of 10.5% over the four quarters before.
Operating margin 21.7% (TTM), +4.8 pp on a year agoOperating income grew 43.2% while revenue grew 11.3%.
48.0% of pre-tax profit is eaten by non-operating lossesPre-tax income $1.32B vs operating income $1.95B (TTM). Losses on equity stakes and other one-off items cut net income and EPS - operating income is the cleaner measure of the business.
Capex 2.5% of revenue (a year ago 2.5%)$228M invested in the last 4 quarters (+12.9% on a year earlier). Free cash flow $1.5B = 125.2% of net income.
Returned $1.43B to shareholders = 95.3% of free cash flowBuybacks $823M (a year earlier $474M), dividends $611M, stock-based pay -$6M (TTM).
Diluted share count down 0.4% in a year113M diluted shares in Q3 '26, 113M a year earlier.
Net debt $3.13BCash + short-term investments $479M, debt incl. leases $3.61B; a year ago net debt $3.38B.
Software And Control Segment: revenue +19.4%, margin 34.8% (was 31.6%)Fastest-growing reported segment in Q3 '26: operating income $261M on revenue $751M (from the segment note of the filing).

Last quarter: Q3 '26

Quarter ended 2026-06-30. Compared with the same quarter a year earlier and with the analyst consensus before the report.

Quarter vs a year ago

	Q3 '26	Year ago	Change
Revenue	$2.31B	$2.14B	+7.9%
Gross margin	49.5%	40.9%	+8.6 pp
Operating income	$654M	$388M	+68.6%
Operating margin	28.3%	18.1%	+10.2 pp
Net income	$408M	$295M	+38.3%
Diluted EPS	$3.62	$2.60	+39.2%
Operating cash flow	$724M	$527M	+37.4%
Capex	$70M	$38M	+84.2%
Free cash flow	$654M	$489M	+33.7%
R&D	$0	$0	–
Stock-based compensation	$74M	$21M	+252.4%

Reported vs consensus

2026-08-04

	Actual	Consensus	vs consensus
Revenue	$2.31B	$2.24B	+3.0%
EPS (as estimated)	$3.49	$3.38	+3.3%

From the report of 2026-08-04 for Q3 '26: revenue and the EPS analysts estimate (often adjusted), so it can differ from the EPS of the statements above.

EPS vs consensus

last 8 reports

Revenue

Where the money comes from - by business line and by region, quarter by quarter.

Revenue, operating income and growth

quarterly

Revenue by business line

stacked, quarterly

Segment	Q3 '26	y/y	Share	TTM	TTM y/y
Intelligent Devices Segment	$1.08B	+11.6%	46.7%	$4.13B	-9.8%
Lifecycle Services Segment	$482M	-11.9%	20.8%	$2.13B	-24.1%
Software And Control Segment	$751M	+19.4%	32.5%	$2.72B	-0.7%

Revenue by region

share of total

Segment	Q3 '26	y/y	Share	TTM	TTM y/y
North America	$1.48B	+9.5%	64.1%	$5.71B	+13.4%
EMEA	$404M	+3.1%	17.5%	$1.61B	+11.6%
Asia Pacific	$288M	+8.3%	12.5%	$1.08B	+6.9%
Latin America	$139M	+5.3%	6.0%	$570M	-0.2%

Segment profits

Operating income per reported segment, read from the segment note of each 10-Q / 10-K (the profit split most data feeds leave out).

Segments in Q3 '26

Segment	Revenue	y/y	Operating income	y/y	Margin	Margin a year ago	TTM operating income
Intelligent Devices Segment	$1.08B	+11.6%	$216M	+18.7%	20.0%	18.8%	$807M
Software And Control Segment	$751M	+19.4%	$261M	+31.2%	34.8%	31.6%	$901M
Lifecycle Services Segment	$482M	-11.9%	$73M	0.0%	15.1%	13.3%	$327M

Operating income by segment

quarterly

Segment operating margin

quarterly

Fourth quarters are derived: the 10-K reports the full year, minus the three quarters of the 10-Qs.

Margins & cost structure

How much of each unit of revenue is left at each level - and where the costs go.

Margins

quarterly

Costs as % of revenue

quarterly

Cash flow & capital allocation

Cash generated, what it is spent on, and what reaches shareholders.

Operating cash flow, capex, free cash flow

quarterly

Uses of cash vs operating cash flow

fiscal years

Last 4 quarters

cash flow statement

Operating cash flow: $1.73B
Capex: -$228M
Buybacks: -$823M
Dividends: -$611M
Acquisitions: $0
Net debt issued: $167M
Stock-based compensation: -$6M
Free cash flow: $1.5B
Returned to shareholders / FCF: 95.3%

Share count and EPS

quarterly, diluted

Balance sheet

Liquidity, investments and debt at each quarter end.

Cash, investments and debt

quarter ends

Valuation & returns

Today's multiples against the company's own last five fiscal years; analyst targets and ratings.

Multiples and returns

TTM vs 5 fiscal years

	Now	5y average	Where today sits in the 5-year range
P/E (TTM)	40.8×	30.7×	23.8× – 45.5×
EV / EBITDA	29.2×	23.6×	17.6× – 30.5×
EV / Sales	5.8×	4.4×	3.7× – 5.4×
Price / FCF	32.3×	34.1×	27.0× – 47.9×
Price / Book	14.0×	10.4×	8.7× – 14.3×
FCF yield	3.1%	3.1%	2.1% – 3.7%
Return on invested capital	19.7%	12.9%	7.7% – 16.6%
Return on equity	33.3%	36.2%	23.8% – 56.8%

Analysts

Consensus target $485.44 (+11.3%)
range $426.00 – $520.00 · rating Hold

Strong buy0

Buy11

Hold28

Sell2

Strong sell0

Outlook

Analyst consensus for the coming fiscal years and what it implies at today's price.

Consensus estimates

Fiscal year	Revenue	Growth	EPS	Growth	P/E at today's price	Analysts (EPS)
FY2026	$9.06B	+8.7%	$13.24	+72.6%	32.9×	18
FY2027	$9.59B	+5.8%	$14.90	+12.6%	29.3×	18
FY2028	$10.2B	+6.2%	$16.60	+11.4%	26.3×	10
FY2029	$10.7B	+4.8%	$18.11	+9.1%	24.1×	3
FY2030	$10.9B	+2.2%	$18.83	+3.9%	23.2×	1

Financial statements

Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.

Income statementRevenue, costs, operating income, net income and EPSOpen Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Every reported line

All 328 figures Rockwell Automation, Inc. tagged in its recent 10-Q / 10-K filings, with the official SEC label and definition - including the notes (leases, taxes, buybacks, employees, ...).

Line (SEC label)	Latest quarter	Year ago	y/y	Latest FY	Prior FY	y/y
	$612M	–	–	–	–	–
	$666M	–	–	–	–	–
	$1.28B	–	–	–	–	–
	$131M	–	–	–	–	–
	$71M	–	–	–	–	–
	$122M	–	–	–	–	–
	$73M	–	–	–	–	–
	$111M	–	–	–	–	–
Accounts Payable, Current	$935M	$840M	+11.3%	$930M	$860M	+8.1%
Accounts Receivable, Allowance for Credit Loss, Current	$17M	$25M	-32.0%	$21M	$22M	-4.5%
Accrued Environmental Loss Contingencies, Current	$34M	–	–	$34M	$15M	+126.7%
Accrued Income Taxes, Current	$122M	$161M	-24.2%	$163M	$139M	+17.3%
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$2.05B	$1.96B	+4.6%	$2B	$1.86B	+7.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax	-$669M	-$737M	+9.2%	-$657M	-$772M	+14.9%
Additional Paid in Capital, Common Stock	$2.36B	$2.26B	+4.7%	$2.28B	$2.19B	+4.3%
Amortization of Intangible Assets	$32M	$38M	-15.8%	$152M	$155M	-1.9%
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	300K	400K	-25.0%	500K	500K	0.0%
Assets	$11.1B	$11.2B	-0.9%	$11.2B	$11.2B	-0.1%
Assets, Current	$3.95B	$3.91B	+0.9%	$3.91B	$3.88B	+0.8%
Buildings and Improvements, Gross	$490M2025-09-30	$464M	+5.6%	$490M	$464M	+5.6%
Capital Expenditures Incurred but Not yet Paid	-$16M	$1M	-1,700.0%	$56M	$42M	+33.3%
Capitalized Computer Software, Accumulated Amortization	$90M	–	–	–	–	–
Capitalized Computer Software, Gross	$110M	–	–	$636M	$586M	+8.5%
Capitalized Computer Software, Net	$20M	–	–	–	–	–
Cash and Cash Equivalents, at Carrying Value	$479M	$495M	-3.2%	$468M	$471M	-0.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$479M	$495M	-3.2%	$468M	$471M	-0.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Disposal Group, Including Discontinued Operations	$47M2026-03-31	$0	–	–	–	–
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations	$470M2026-03-31	$450M	+4.4%	–	–	–
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	$9M	$45M	-80.0%	-$3M	-$609M	+99.5%
Common Stock, Capital Shares Reserved for Future Issuance	10.6M2025-09-30	12.2M	-13.1%	10.6M	12.2M	-13.1%
Common Stock, Dividends, Per Share, Declared	$1.38	$1.31	+5.3%	$5.24	$5.00	+4.8%
Common Stock, Par or Stated Value Per Share	$1.00	$1.00	0.0%	$1.00	$1.00	0.0%
Common Stock, Shares Authorized	1B2025-09-30	1B	0.0%	1B	1B	0.0%
Common Stock, Shares, Issued	141M	141M	0.0%	141M	181M	-22.1%
Common Stock, Shares, Outstanding	112M2025-09-30	113M	-0.6%	112M	113M	-0.6%
Common Stock, Value, Issued	$141M	$141M	0.0%	$141M	$181M	-22.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	$1M	-$1M	+200.0%	-$120M	-$5M	-2,300.0%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$378M	$391M	-3.3%	$984M	$971M	+1.3%
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	$379M	$390M	-2.8%	$864M	$966M	-10.6%
Construction in Progress, Gross	$130M2025-09-30	$178M	-27.0%	$130M	$178M	-27.0%
Contract with Customer, Liability	$714M	$720M	-0.8%	$695M	$653M	+6.4%
Contract with Customer, Liability, Current	$651M	$648M	+0.5%	$621M	$584M	+6.3%
Contract with Customer, Liability, Revenue Recognized	$81M	$32M	+153.1%	$545M	$584M	-6.7%
Contract with Customer, Performance Obligation Satisfied in Previous Period	$0	$0	–	$0	$0	–
Cost of Goods and Services Sold	$1.17B	$1.1B	+6.5%	$4.33B	$4.41B	-2.0%
Current Federal Tax Expense (Benefit)	–	–	–	$97M	$78M	+24.4%
Current Foreign Tax Expense (Benefit)	–	–	–	$169M	$128M	+32.0%
Current Income Tax Expense (Benefit)	–	–	–	$282M	$220M	+28.2%
Current State and Local Tax Expense (Benefit)	–	–	–	$16M	$14M	+14.3%
Deferred Federal Income Tax Expense (Benefit)	–	–	–	-$87M	-$42M	-107.1%
Deferred Foreign Income Tax Expense (Benefit)	–	–	–	-$11M	-$12M	+8.3%
Deferred Income Tax Assets, Net	$620M	$550M	+12.7%	$596M	$517M	+15.3%
Deferred Income Tax Expense (Benefit)	–	–	–	-$114M	-$68M	-67.6%
Deferred State and Local Income Tax Expense (Benefit)	–	–	–	-$16M	-$14M	-14.3%
Deferred Tax Assets, Capital Loss Carryforwards	$16M2025-09-30	$15M	+6.7%	$16M	$15M	+6.7%
Deferred Tax Assets, Gross	$895M2025-09-30	$784M	+14.2%	$895M	$784M	+14.2%
Deferred Tax Assets, Inventory	$24M2025-09-30	$23M	+4.3%	$24M	$23M	+4.3%
Deferred Tax Assets, Net	$556M2025-09-30	$477M	+16.6%	$556M	$477M	+16.6%
Deferred Tax Assets, Net of Valuation Allowance	$766M2025-09-30	$686M	+11.7%	$766M	$686M	+11.7%
Deferred Tax Assets, Operating Loss Carryforwards	$62M2025-09-30	$70M	-11.4%	$62M	$70M	-11.4%

Source: SEC companyfacts (XBRL of every 10-Q / 10-K). Cash-flow quarters are derived from the year-to-date figures the 10-Q tags. Segment breakdowns are tagged with dimensions and are shown in the segment section instead.

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 2026-11-02