Emerson announces plan to return $10B to shareholders through 2028

Emerson (EMR) hosted its 2025 investor conference, during which it outlined its strategic priorities and introduced new 2028 financial targets. “The new Emerson is a global automation leader built for value creation – with a differentiated portfolio, broad exposure to high-growth markets and an unparalleled software-defined technology stack. With our successful transformation complete, Emerson is well positioned for the future, and we will continue to play a leading role as our customers invest in autonomous operations. The 2028 targets we provided today underscore our conviction in Emerson’s ability to extend our track record of strong financial performance and deliver even greater value for our shareholders. Emerson will capture significant organic growth from innovation and secular tailwinds across our key growth verticals: power, LNG, life sciences, semiconductors and aerospace & defense. Price realization, operational excellence and acquisition synergies will drive further margin expansion. Supported by robust cash generation, we will prioritize returning significant capital to shareholders,” said Emerson President and Chief Executive Officer Lal Karsanbhai. Emerson’s new 2028 financial targets include: $21B in net sales, a 5% organic CAGR; 30% adjusted segment EBITA margin, 2.4 percentage points of expansion; $8.00 adjusted EPS, a 10% CAGR; $12B of cumulative free cash flow from 2026 through 2028, with plans to return $10B to shareholders through share repurchases and increased dividends.