Emerson Electric (EMR) Tax Rate (2009 - 2026)
Emerson Electric (EMR) reported Tax Rate of 21.62% for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 0.63 percentage points from 20.98% a year earlier but down 0.45 percentage points from the prior quarter.
Emerson Electric (EMR) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Emerson Electric's Tax Rate came in at 21.40%, down 2.88 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 23.72%, up 3.18 percentage points from FY2024.
- Tax Rate has a five-year change of +8.95 percentage points (FY2020 to FY2025).
- By fiscal year, Tax Rate came in at 20.54% in FY2024 (-1.57 pp), 22.12% in FY2023 (-0.46 pp), 22.57% in FY2022 (+2.94 pp) and 19.64% in FY2021 (+4.86 pp).
- Five-year quarterly Tax Rate spans a low of 9.14% in fiscal Q1 2024 and a high of 32.54% in fiscal Q3 2022.
- Year over year, Tax Rate gained in four of the last eight quarters, with an average year-over-year change of +1.32 percentage points.
- The high point for year-over-year Tax Rate in five years was fiscal Q4 2021 (a gain of 21.82 percentage points); the low point was fiscal Q1 2024 (a drop of 14.08 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 22.07% (Q2 2026), 21.81% (Q1 2026) and 20.10% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 24.54% |
| 10 | Cummins | 71.14 Bn | 68.27 Bn | 2.47 Bn | 25.14% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.62% |
| Mar 31, 2026 | 22.07% |
| Dec 31, 2025 | 21.81% |
| Sep 30, 2025 | 20.10% |
| Jun 30, 2025 | 20.98% |
| Mar 31, 2025 | 31.64% |
| Dec 31, 2024 | 23.48% |
| Sep 30, 2024 | 21.94% |
| Jun 30, 2024 | 19.34% |
| Mar 31, 2024 | 22.78% |
| Dec 31, 2023 | 9.14% |
| Sep 30, 2023 | 23.73% |
| Jun 30, 2023 | 20.44% |
| Mar 31, 2023 | 20.97% |
| Dec 31, 2022 | 23.22% |
| Sep 30, 2022 | 24.88% |
| Jun 30, 2022 | 32.54% |
| Mar 31, 2022 | 15.72% |
| Dec 31, 2021 | 20.81% |
| Jun 30, 2021 | 19.26% |
Emerson Electric Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=EMR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "EMR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=EMR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();