Emerson Electric Co
EMRQ4 2023Estimated2.5% AI
AI Revenue %
2.5%
AI Fair Value
$926.1M
AI Revenue (Q)
$102.9M
Total Revenue (Q)
$4.1B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Full year FY2023 10-K. Post-Copeland divestiture, EMR is now focused on automation. The 10-K describes two business groups: Intelligent Devices and Software & Control (including AspenTech, Control Systems & Software). With Climate Technologies gone, the relative share of software/AI increases slightly. Revenue base is smaller. AspenTech AI-powered products and DeltaV AI features now represent a slightly higher percentage of the leaner company. Approximately 10% of revenues relate to multiple performance obligations in the AspenTech and Control Systems & Software segments. Estimate ~2.5% AI revenue.
Analyzed by claude-opus-4-6
Quoted Figures
Revenue is recognized over time for approximately 10 percent of the Company's revenues. These revenues primarily relate to projects in the Control Systems & Software segment
10-K FY2023 Revenue Recognition
Approximately 10 percent of revenues relate to sales arrangements with multiple performance obligations, principally in the AspenTech and Control Systems & Software segments
10-K FY2023
AI Products Identified (Ring 1)
AspenTech MtellAspenTech AI optimizationDeltaV predictive analyticsPlantweb Optics
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 & SoftwareSoftware & Control business group
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix