Goodwill
Emerson Electric Goodwill decreased by 0.2% to $18.15B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.9%, from $18B to $18.15B. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 22.0% CAGR.
Analysis
How to read this metric
A large or growing balance indicates an active acquisition strategy, while sudden decreases signal impairment charges due to underperforming acquisitions.
Detailed definition
This intangible asset arises when a company acquires another business for a price higher than the fair market value of i...
Peer comparison
Companies with aggressive M&A strategies, such as those in the industrial software space, typically carry significant goodwill on their balance sheets.
goodwillHistorical Data
| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $7.78B | $6.97B | $7.7B | $7.63B | $14.75B | $13.95B | $14.09B | $14.1B | $14.13B | $14.48B | $17.98B | $17.96B | $17.94B | $18.07B | $17.91B | $18B | $18.16B | $18.19B | $18.18B | $18.15B |
| QoQ Change | — | -10.4% | +10.4% | -0.8% | +93.3% | -5.4% | +1.0% | +0.1% | +0.2% | +2.5% | +24.2% | -0.1% | -0.2% | +0.7% | -0.9% | +0.5% | +0.9% | +0.2% | -0.1% | -0.2% |
| YoY Change | — | — | — | — | +89.6% | +100.2% | +83.1% | +84.7% | -4.2% | +3.8% | +27.7% | +27.4% | +26.9% | +24.8% | -0.4% | +0.2% | +1.2% | +0.7% | +1.5% | +0.9% |
Product Breakdown
| Segment | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Software & Systems | — | — | — | — | — | — | — | $12.56B |
| Intelligent Devices | $5.51B | $5.6B | $5.45B | $5.53B | $5.66B | $5B | $5B | $4.97B |
| Safety & Productivity | — | — | — | — | — | — | $625M | $621M |
| Software and Control | $12.43B | $12.47B | $12.46B | $12.47B | $12.5B | $12.51B | — | — |
| Total | $17.94B | $18.07B | $17.91B | $18B | $18.16B | $18.19B | $18.18B | $18.15B |
Software and Control was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments
| Segment | Q4 '21 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 |
|---|---|---|---|---|---|---|
| Software and Control | — | — | — | $9.07B | $9B | $9B |
| AspenTech | $1.04B | $8.27B | $8.33B | $8.33B | $8.33B | $8.33B |
| Final Control | — | — | — | $2.66B | $2.68B | $2.69B |
| Measurement & Analytical Instrumentation | — | — | — | $1.13B | $1.19B | $1.19B |
| Discrete Automation | — | — | — | $839M | $843M | $851M |
| Control Systems & Software | — | — | — | $740M | $670M | $672M |
| Total | $6.97B | $14.75B | $13.95B | $14.09B | $14.1B | $14.13B |
AspenTech, Control Systems & Software, Discrete Automation, Final Control, Measurement & Analytical Instrumentation, Software and Control were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill at Other Companies
Frequently Asked Questions
- What is Emerson Electric's goodwill?
- Emerson Electric (EMR) reported goodwill of $18.15B in Q1 2026.
- How has Emerson Electric's goodwill changed year-over-year?
- Emerson Electric's goodwill increased by 0.9% year-over-year, from $18B to $18.15B.
- What is the long-term trend for Emerson Electric's goodwill?
- Over 5 years (2020 to 2025), Emerson Electric's goodwill has grown at a 22.0% compound annual growth rate (CAGR), from $6.73B to $18.19B.
- What does goodwill mean?
- The premium paid over the fair value of assets when acquiring another company.