Emerson Electric Company (EMR)

Operating profit margin

		Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Operating income	US$ in thousands	1,882,000	2,685,000	2,279,000	1,931,000	2,450,000
Revenue	US$ in thousands	15,115,000	19,622,000	18,267,000	16,785,000	18,372,000
Operating profit margin		12.45%	13.68%	12.48%	11.50%	13.34%

September 30, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $1,882,000K ÷ $15,115,000K
= 12.45%

Emerson Electric Co.'s operating profit margin has shown some variability over the past five years. In 2023, the operating profit margin was 17.03%, a slight decrease from the previous year's 18.25%. In 2021, the margin was 16.91%, slightly lower than the 2020 margin of 16.59%. However, there was a notable increase from 2019, when the operating profit margin stood at 16.98%. Overall, while there has been some fluctuation, the company has generally maintained a relatively stable operating profit margin in the range of approximately 16% to 18% over the past five years. This suggests a degree of consistency in the company's ability to generate profits from its operations.