AI English summary of an SEC filing — figures as filed
Rockwell Automation ROKThe company said sales for fiscal 2024 decreased 9% from 2023, and organic sales decreased 10%. It said pricing increased sales by about 2 percentage points, volume decreased sales by about 12 percentage points, and acquisitions increased sales by 1 percentage point.
Key points
AI summaryThe company said sales for fiscal 2024 decreased 9% from 2023, and organic sales decreased 10%. It said pricing increased sales by about 2 percentage points, volume decreased sales by about 12 percentage points, and acquisitions increased sales by 1 percentage point.
The company said diluted EPS for fiscal 2024 was $8.28 (2023: $11.95), Adjusted EPS was $9.71 (2023: $12.12, down 20%), and total segment operating margin was 19.3% (2023: 21.3%).
The company said Software & Control sales fell 24% in fiscal 2024, bringing its segment operating margin to 24.2% (2023: 33.0%). Lifecycle Services sales rose 10%, bringing its segment operating margin to 16.1% (2023: 7.2%).
Rockwell Automation said cash provided by operating activities for fiscal 2024 was $863.8 million (2023: $1,374.6 million), and free cash flow was $639.1 million (2023: $1,214.1 million). The company also said it repurchased about 2.2 million shares for a total of $594.2 million in the same year.
Key figures
Fiscal year ended September 30, 2024
- Revenue
- $8.3B
- Net income
- $953M
- EPS
- $8.28
- Gross profit
- $3.2B
- Operating cash flow
- $864M
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Annual sales down 9%, organic sales down 10%
The company said sales for fiscal 2024 decreased 9% from 2023, and organic sales decreased 10%. It said pricing increased sales by about 2 percentage points, volume decreased sales by about 12 percentage points, and acquisitions increased sales by 1 percentage point.
Source · Based on the MD&A text of the filing
Adjusted EPS $9.71, total segment operating margin 19.3%
The company said diluted EPS for fiscal 2024 was $8.28 (2023: $11.95), Adjusted EPS was $9.71 (2023: $12.12, down 20%), and total segment operating margin was 19.3% (2023: 21.3%).
Source · Based on the MD&A text of the filing
Mixed segment sales and operating margin trends
The company said Software & Control sales fell 24% in fiscal 2024, bringing its segment operating margin to 24.2% (2023: 33.0%). Lifecycle Services sales rose 10%, bringing its segment operating margin to 16.1% (2023: 7.2%).
Source · Based on the MD&A text of the filing
Operating cash flow $863.8 million, free cash flow $639.1 million
Rockwell Automation said cash provided by operating activities for fiscal 2024 was $863.8 million (2023: $1,374.6 million), and free cash flow was $639.1 million (2023: $1,214.1 million). The company also said it repurchased about 2.2 million shares for a total of $594.2 million in the same year.
Source · Based on the MD&A text of the filing
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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