Emerson Electric Co (Emerson Electric Co) Interest Expense

: $-277 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Emerson Electric Co's interest expense for the three months ended in Dec. 2023 was $ -84 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-277 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Emerson Electric Co's Operating Income for the three months ended in Dec. 2023 was $ 365 Mil. Emerson Electric Co's Interest Expense for the three months ended in Dec. 2023 was $ -84 Mil. Emerson Electric Co's Interest Coverage for the quarter that ended in Dec. 2023 was 4.35. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Emerson Electric Co Interest Expense Historical Data

The historical data trend for Emerson Electric Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Emerson Electric Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-201.00

-175.00

-165.00

-228.00

-261.00

Emerson Electric Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-68.00	-71.00	-68.00	-54.00	-84.00

Emerson Electric Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-277 Mil.

Emerson Electric Co (NYSE:EMR) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Emerson Electric Co's Interest Expense for the three months ended in Dec. 2023 was $-84 Mil. Its Operating Income for the three months ended in Dec. 2023 was $365 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $8,097 Mil.

Emerson Electric Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	365	/	-84
	=	4.35

The higher the ratio, the stronger the company's financial strength is.

Emerson Electric Co (Emerson Electric Co) Business Description

Industry

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Address

8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, USA, 63136

Website

https://www.emerson.com

Emerson Electric sells automation equipment and services under two segments: intelligent devices and software control. Within software and control, it also holds a majority interest in AspenTech, an industrial software business, and owns a test and measurement business that was formerly National Instruments. Intelligent devices also holds Emerson's tools business, which boasts several household brands, like Ridgid. Emerson's automation business is most known for its process manufacturing solutions, which consists of measurement and analytical instrumentation, as well as control valves and actuators, among other products and services. Nearly half of the firm's geographic sales come from the Americas.

Executives

Ram R. Krishnan	officer: Executive Vice Pres & COO	C/O EMERSON ELECTRIC CO., 8000 W. FLORISSANT AVENUE, ST. LOUIS MO 63136
Surendralal Lanca Karsanbhai	officer: Exec Pres Auto Sols	C/O EMERSON ELECTRIC CO., 8000 W. FLORISSANT AVENUE, ST. LOUIS MO 63136
Mckelvey James Morgan Jr.	director	2645 SOUTH BAYSHORE #802, MIAMI FL 33133
Joshua B. Bolten	director	ROCK CREEK GLOBAL ADVISORS, 1401 I STREET NW, SUITE 1120, WASHINGTON DC 20005
Arthur F Golden	director	450 LEXINGTON AVE, NEW YORK NY 10017
Easter William H Iii	director	370 17TH ST, STE 2500, DENVER CO 80202
Vidya Ramnath	officer: Senior VP & CMO	C/O EMERSON ELECTRIC CO., 8000 W. FLORISSANT AVENUE, ST. LOUIS MO 63136
Nicholas J. Piazza	officer: Senior VP & CPO	C/O EMERSON ELECTRIC CO., 8000 W. FLORISSANT AVENUE, ST. LOUIS MO 63136
Lisa Flavin	officer: Sr. VP & CCO	8300 MARYLAND AVENUE, ST. LOUIS MO 63105
Leticia Goncalves Lourenco	director	C/O EMERSON ELECTRIC CO., 8000 W. FLORISSANT AVENUE, ST. LOUIS MO 63136
Peter Zornio	officer: Chief Technology Officer	C/O EMERSON ELECTRIC CO., 8000 W. FLORISSANT AVENUE, ST. LOUIS MO 63136
Sara Yang Bosco	officer: Sr. VP, Secy & Gen. Counsel	8000 W. FLORISSANT AVENUE, ST. LOUIS MO 63136
Frank J Dellaquila	officer: Sr. V. P. and Controller	C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Mark J Bulanda	officer: VP-Acquisitions & Development	8000 W. FLORISSANT AVENUE, ST. LOUIS MO 63136
Elizabeth Adefioye	officer: Chief People Officer	5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154