Emerson Electric 8-K
Earnings
Pension mark-to-market adoption recasts historical earnings and puts annual actuarial gains and losses into Q4 results.
Filed 2026-10-13 06:57 ET
- 2.02 Results of Operations
- 9.01 Financial Statements and Exhibits
Summary
Accounting-method change and historical results recast. Emerson adopted mark-to-market accounting for pension and other postretirement benefit actuarial gains and losses, recognizing them in earnings when they arise and recording the annual adjustment in Q4. It retrospectively recast prior periods; the recast is not a restatement. The annual adjustment is not allocated to reportable segments and does not affect cash flows, plan funding or benefits.
Key Figures
| Metric | FY2025 | FY2024 |
|---|---|---|
| Revenue | $18.0B, +3.0% Y/Y | $17.5B |
| Net earnings common stockholders | $2.27B, +15.0% Y/Y | $1.97B |
| Diluted EPS | $4.00, +16.3% Y/Y | $3.44 |
| Adjusted EPS (non-GAAP) | $6.01, +12.3% Y/Y | $5.35 |
- Recasting reduced FY2025 net earnings common stockholders by $23M and diluted EPS by $0.04; FY2024 figures increased by $6M and $0.01, respectively. Adjusted EPS (non-GAAP) changed to $6.01 from $6.00 in FY2025 and $5.35 from $5.49 in FY2024.
- For the nine months ended 6/30/2026, the change added $8M to pretax earnings, $6M to net earnings and $0.01 to diluted EPS.
- FY2026 Q4 mark-to-market adjustment: expected pretax gain of less than $5M based on current assumptions; actual results may differ. Emerson will exclude the adjustment from adjusted EPS because it is subject to significant variability and is not considered indicative of underlying operating performance.
Guidance
No guidance in this filing.
Investor Takeaways
- FY2026 Q4 results will show the first annual mark-to-market adjustment under the new method; the reported gain may differ from the current estimate as market conditions and actuarial assumptions change.
The summary is written by an AI model reading the filing.
Model 005 · prompt 8bef31e277