Emerson Electric’s restated fiscal 2026 results show a stronger third quarter and nine-month period than previously reported, with the revisions lifting earnings and pretax profit across the year.
For the fiscal third quarter ended June 30, net sales were unchanged at $4.873 billion, but pretax earnings rose to $918 million from $916 million and net earnings increased to $720 million from $718 million. Diluted earnings per share held at $1.28. Adjusted earnings per share also stayed flat at $1.71.
For the first nine months of fiscal 2026, net sales remained $13.781 billion, while pretax earnings increased to $2.492 billion from $2.484 billion. Net earnings rose to $1.948 billion from $1.942 billion, and net earnings common stockholders climbed to $1.947 billion from $1.941 billion. Diluted earnings per share increased to $3.46 from $3.45, and adjusted earnings per share moved up to $4.72 from $4.71.
The biggest quarterly revision came in the second quarter, where pretax earnings increased to $795 million from $793 million and net earnings to $620 million from $618 million. Diluted EPS remained $1.10, while adjusted EPS edged up to $1.55 from $1.54.
In the first quarter, pretax earnings rose to $778 million from $775 million and net earnings to $608 million from $606 million. Diluted EPS increased to $1.08 from $1.07, and adjusted EPS was unchanged at $1.46.
Looking at the full fiscal 2025 year, Emerson’s restatement lowered net earnings common stockholders to $2.270 billion from $2.293 billion, while diluted EPS from continuing operations fell to $3.99 from $4.03 and adjusted EPS ticked up slightly to $6.01 from $6.00. Net sales were unchanged at $18.016 billion.
The restated fiscal 2025 fourth quarter showed the sharpest change in that year: earnings from continuing operations fell to $608 million from $636 million, and diluted EPS from continuing operations dropped to $1.07 from $1.12. Adjusted EPS remained $1.62.
On an adjusted EBITA basis, Emerson reported $1.305 billion in the fiscal third quarter of 2026, up from $1.196 billion in the second quarter and $1.144 billion in the first quarter. For the first nine months, adjusted EBITA totaled $3.647 billion, with margins of 26.5%, compared with 26.3% in the first quarter, 26.2% in the second, and 26.8% in the third.
For fiscal 2025, adjusted EBITA was $4.698 billion, up from $4.226 billion in fiscal 2024. Adjusted earnings per share from continuing operations increased to $6.01 in fiscal 2025 from $5.35 in fiscal 2024. The market has reacted to these announcements by moving the company's shares 0.39% to a price of $162.46. If you want to know more, read the company's complete 8-K report here.
