🔹 EPS: $2.47 (Est. $2.46) 🟢
🔹 Revenue: $10.1B (Est. $9.97B) 🟢; UP +7% YoY
🔹 Free Cash Flow: $1.9B; DOWN -27% YoY
🔸 To separate Automation & Aerospace by 2H26
FY 2025 Guidance:
🔹 Revenue: $39.6B-$40.6B (Est. $41.3B) 🔴
🔹 Adj. EPS: $10.10-$10.50 (Est. $10.91) 🔴
🔹 Organic Growth: +2% to +5%
🔹 Segment Margin: 23.2%-23.6%; UP +60-100 bps
🔹 Operating Cash Flow: $6.7B-$7.1B
🔹 Free Cash Flow: $5.4B-$5.8B
Segment Performance:
Aerospace Technologies:
🔹 Q4 Revenue: $3.99B (Est. $3.86B) 🟢; UP +9% YoY
🔹 Organic Growth: +1% YoY
🔹 Segment Profit: $811M; DOWN -21% YoY
🔹 Segment Margin: 20.3% (Prev. 28.1%) 🔴; DOWN -780 bps
Key Highlights:
🔸Defense & Space Sales: UP +14% YoY
🔸Commercial Aftermarket Sales: UP +17% YoY
🔸Bombardier Agreement Impact: Excluding impact, segment margin was 27.1%
Industrial Automation:
🔹 Q4 Revenue: $2.57B (Est. $2.56B) 🟡; DOWN -1% YoY
🔹 Organic Growth: Flat YoY
🔹 Segment Profit: $503M; DOWN -10% YoY
🔹 Segment Margin: 19.6% (Prev. 21.6%) 🔴; DOWN -200 bps
Key Highlights:
🔸 Process Solutions: UP +3% YoY
🔸 Sensing & Safety Technologies: DOWN -4% YoY
🔸 Orders: UP +7% YoY
Building Automation:
🔹 Q4 Revenue: $1.80B (Est. $1.77B) 🟢; UP +20% YoY
🔹 Organic Growth: +8% YoY
🔹 Segment Profit: $482M; UP +32% YoY
🔹 Segment Margin: 26.8% (Prev. 24.3%) 🟢; UP +250 bps
Key Highlights:
🔸 Building Solutions Sales: UP +11% YoY
🔸 Fire Products Sales: UP Double Digits
Energy & Sustainability Solutions (ESS):
🔹 Q4 Revenue: $1.73B (Est. $1.74B) 🟡; UP +4% YoY
🔹 Organic Growth: +1% YoY
🔹 Segment Profit: $431M; DOWN -3% YoY
🔹 Segment Margin: 24.9% (Prev. 26.7%) 🔴; DOWN -180 bps