canar.ai
Rankings/EMR/Q2 2023 Analysis

Emerson Electric Co

EMR
Q2 2023Estimated2% AI
AI Revenue %
2%
AI Fair Value
$709.2M
AI Revenue (Q)
$78.9M
Total Revenue (Q)
$3.9B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.gov

Analysis

Q2 FY2023 (Jan-Mar 2023). Same structure as Q1 FY2023. AspenTech fully consolidated. No AI-specific revenue breakout in filings. The Software & Control group includes Control Systems & Software, AspenTech, and (starting FY2024) Test & Measurement. Maintaining 2% estimate based on AspenTech AI features plus DeltaV AI analytics as a proportion of total EMR revenue (~$3.756B from manifest).
Analyzed by claude-opus-4-6

Quoted Figures

Revenue is recognized over time for approximately 10 percent of the Company's revenues
10-K FY2023 Revenue Recognition

AI Products Identified (Ring 1)

AspenTech MtellAspenTech optimizationDeltaV predictive analytics

AI-Enabled Items (Ring 2 — Not Counted)

These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.

AspenTech sub-segmentControl Systems & Software

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix