Company
Emerson Electric Co.
Headquarters: Saint Louis, MO, United States
Founded: 1890
Employees: 86,700
CEO: Mr. Surendralal Lanca Karsanbhai
Market Cap
$54.35 Billion
USD as of Jan. 1, 2024
Emerson Electric Co. Categories
United States Industrials Specialty Industrial MachineryUnited States Industrials United States Specialty Industrial Machinery
Company Description
Emerson Electric Co. is a diversified manufacturer of products and software dedicated to the industrial, commercial, and residential industries and a provider of engineering services. Its automated solutions division helps heavy industries improve their processes, and through its commercial and residential solutions, Emerson Electric enhances comfort and utilities for housing and business.
Top Competitors by Market Capitalization
Industry: Specialty Industrial Machinery
| Company | Market Cap (USD) |
|---|---|
| Siemens | $138.51 B |
| General Electric | $135.68 B |
| Honeywell | $135.08 B |
| Schneider Electric SE | $110.11 B |
| Open Joint Stock Company OMZ | $101.93 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Boeing | $148.18 B |
| Union Pacific | $147.34 B |
| Caterpillar | $145.65 B |
| Siemens | $138.51 B |
| General Electric | $135.68 B |
Detailed Description
Emerson Electric Co. designs and manufactures technology and engineering products for industrial, commercial, and consumer markets worldwide. The company operates through Automation Solutions and Commercial & Residential Solutions segments. The Automation Solutions segment offers measurement and analytical instrumentation, industrial valves and equipment, and process control software and systems. It serves the oil and gas, refining, chemicals, power generation, life sciences, food and beverage, automotive, pulp and paper, metals and mining, and municipal water supplies markets. The Commercial & Residential Solutions segment offers residential and commercial heating and air conditioning products, such as residential and variable speed scroll compressors; system protector and flow control devices; standard, programmable, and Wi-Fi thermostats; monitoring equipment and electronic controls for gas and electric heating systems; gas valves for furnaces and water heaters; ignition systems for furnaces; sensors and thermistors for home appliances; and temperature sensors and controls. The company also provides reciprocating, scroll, and screw compressors; precision flow controls; system diagnostics and controls; and environmental control systems for use in medical, food processing, and cold storage applications. In addition, this segment offers air conditioning, refrigeration, and lighting control technologies, as well as facility design and product management, site commissioning, facility monitoring, and energy modeling services; and professional and homeowner tools, and appliance solutions. The company was formerly known as The Emerson Electric Manufacturing Company and changed its name to Emerson Electric Co. in 2000. Emerson Electric Co. was incorporated in 1890 and is headquartered in St. Louis, Missouri.
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Stocks & Indices
Emerson Electric Co. has the following listings and related stock indices.
Stock: NYSE: EMR wb_incandescent
Stock: BMV: EMR wb_incandescent
Stock: Bovespa: E1MR34 wb_incandescent
Stock: XETR: EMR wb_incandescent
Product & Services
Process control systemsClimate technologiesPower technologiesIndustrial automationElectric motorsStorage systemsNetwork powerProfessional tools
Key People
Founder(s): John W. Emerson
Jim Turley (Chairman) Lal Karsanbhai (CEO) Frank Dellaquila (CFO)
Financials
Revenue: US$16.785 billion (2020)
Operating income: US$2.49 billion (2020)
Net income: US$1.99 billion (2020)
Total assets: US$22.88 billion (2020)
Total equity: US$8.45 billion (2020)