NYSE: ROK
Rockwell Automation
Industrials · Measuring & Controlling Devices, NEC
52-week range
$347.53$497.36
Stock price
Market cap
At each fiscal year end, then the latest quarter end: closing price × shares outstanding.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.$55.0B
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| Period | Market cap |
|---|---|
| FY2016, ended Sep 30, 2016 | $15.7B |
| FY2017, ended Sep 30, 2017 | $22.9B |
| FY2018, ended Sep 30, 2018 | $22.6B |
| FY2019, ended Sep 30, 2019 | $19.0B |
| FY2020, ended Sep 30, 2020 | $25.6B |
| FY2021, ended Sep 30, 2021 | $34.1B |
| FY2022, ended Sep 30, 2022 | $24.7B |
| FY2023, ended Sep 30, 2023 | $32.8B |
| FY2024, ended Sep 30, 2024 | $30.3B |
| FY2025, ended Sep 30, 2025 | $39.2B |
| Trailing 12 months to Jun 30, 2026 (through Q3 FY2026) | $55.0B |
Revenue
By fiscal year, then the trailing 12 months.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.$8.97B
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| Period | Revenue |
|---|---|
| FY2016, ended Sep 30, 2016 | $5.88B |
| FY2017, ended Sep 30, 2017 | $6.31B |
| FY2018, ended Sep 30, 2018 | $6.67B |
| FY2019, ended Sep 30, 2019 | $6.69B |
| FY2020, ended Sep 30, 2020 | $6.33B |
| FY2021, ended Sep 30, 2021 | $7.00B |
| FY2022, ended Sep 30, 2022 | $7.76B |
| FY2023, ended Sep 30, 2023 | $9.06B |
| FY2024, ended Sep 30, 2024 | $8.26B |
| FY2025, ended Sep 30, 2025 | $8.34B |
| Trailing 12 months to Jun 30, 2026 (through Q3 FY2026) | $8.97B |
Net income and free cash flow
By fiscal year, then the trailing 12 months. Free cash flow is operating cash flow minus capex.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.Show tableHide table
| Period | Net income | Free cash flow |
|---|---|---|
| FY2016, ended Sep 30, 2016 | $730M | $830M |
| FY2017, ended Sep 30, 2017 | $826M | $892M |
| FY2018, ended Sep 30, 2018 | $536M | $1.17B |
| FY2019, ended Sep 30, 2019 | $696M | $1.05B |
| FY2020, ended Sep 30, 2020 | $1.02B | $1.01B |
| FY2021, ended Sep 30, 2021 | $1.36B | $1.14B |
| FY2022, ended Sep 30, 2022 | $932M | $682M |
| FY2023, ended Sep 30, 2023 | $1.39B | $1.21B |
| FY2024, ended Sep 30, 2024 | $953M | $639M |
| FY2025, ended Sep 30, 2025 | $869M | $1.36B |
| Trailing 12 months to Jun 30, 2026 (through Q3 FY2026) | $1.20B | $1.50B |
Cash and cash equivalents
At each fiscal year end, then the latest quarter end.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.$479M
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| Period | Cash and cash equivalents |
|---|---|
| FY2016, ended Sep 30, 2016 | $1.53B |
| FY2017, ended Sep 30, 2017 | $1.41B |
| FY2018, ended Sep 30, 2018 | $619M |
| FY2019, ended Sep 30, 2019 | $1.02B |
| FY2020, ended Sep 30, 2020 | $705M |
| FY2021, ended Sep 30, 2021 | $662M |
| FY2022, ended Sep 30, 2022 | $491M |
| FY2023, ended Sep 30, 2023 | $1.07B |
| FY2024, ended Sep 30, 2024 | $471M |
| FY2025, ended Sep 30, 2025 | $468M |
| Trailing 12 months to Jun 30, 2026 (through Q3 FY2026) | $479M |
Total debt
At each fiscal year end, then the latest quarter end. Short- and long-term borrowings, excluding leases.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.$3.26B
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| Period | Total debt |
|---|---|
| FY2016, ended Sep 30, 2016 | $1.96B |
| FY2017, ended Sep 30, 2017 | $1.84B |
| FY2018, ended Sep 30, 2018 | $1.78B |
| FY2019, ended Sep 30, 2019 | $2.26B |
| FY2020, ended Sep 30, 2020 | $2.00B |
| FY2021, ended Sep 30, 2021 | $3.98B |
| FY2022, ended Sep 30, 2022 | $3.84B |
| FY2023, ended Sep 30, 2023 | $2.97B |
| FY2024, ended Sep 30, 2024 | $3.64B |
| FY2025, ended Sep 30, 2025 | $3.22B |
| Trailing 12 months to Jun 30, 2026 (through Q3 FY2026) | $3.26B |
Shares outstanding
At each fiscal year end, then the latest quarter end, adjusted for splits. Down 13.4% since 2016.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.111M
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| Period | Shares outstanding |
|---|---|
| FY2016, ended Sep 30, 2016 | 128M |
| FY2017, ended Sep 30, 2017 | 129M |
| FY2018, ended Sep 30, 2018 | 121M |
| FY2019, ended Sep 30, 2019 | 116M |
| FY2020, ended Sep 30, 2020 | 116M |
| FY2021, ended Sep 30, 2021 | 116M |
| FY2022, ended Sep 30, 2022 | 115M |
| FY2023, ended Sep 30, 2023 | 115M |
| FY2024, ended Sep 30, 2024 | 113M |
| FY2025, ended Sep 30, 2025 | 112M |
| Trailing 12 months to Jun 30, 2026 (through Q3 FY2026) | 111M |
Buybacks and new shares
By fiscal year, then the trailing 12 months, in dollars. Below zero: bought back. Above zero: issued to employees, sold or used in acquisitions.Figures shown are for the trailing 12 months to Jun 30, 2026. Hover or tap a column for another year.Net: $734M more bought back than issued
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| Period | Bought back | Paid to employees |
|---|---|---|
| FY2016, ended Sep 30, 2016 | $508M | $40.5M |
| FY2017, ended Sep 30, 2017 | $343M | $38.5M |
| FY2018, ended Sep 30, 2018 | $1.48B | $38.5M |
| FY2019, ended Sep 30, 2019 | $1.01B | $43.1M |
| FY2020, ended Sep 30, 2020 | $264M | $46.1M |
| FY2021, ended Sep 30, 2021 | $300M | $51.7M |
| FY2022, ended Sep 30, 2022 | $301M | $68.1M |
| FY2023, ended Sep 30, 2023 | $312M | $88.0M |
| FY2024, ended Sep 30, 2024 | $595M | $100M |
| FY2025, ended Sep 30, 2025 | $425M | $85.0M |
| Trailing 12 months to Jun 30, 2026 (through Q3 FY2026) | $823M | $89.0M |
Revenue (TTM)
$8.97B
+11.3% YoY
Net income (TTM)
$1.20B
+23.7% YoY
Cash
$479M
−3.2% YoY
Total debt
$3.26B
−6.0% YoY
Valuation
At current price- Market Cap
- $48.4B
- P/E
- 40.3×
- Forward P/E
- —. Needs analyst estimates; not available from the current data provider
- Price / Sales
- 5.4×
- Price / Book
- 13.9×
- EV / EBITDA
- 21.7×
Growth
Trailing 12 months- Revenue (TTM)
- $8.97B
- Revenue Growth YoY
- 11.3%
- Revenue CAGR 3Y
- 2.4%
- Revenue CAGR 5Y
- 5.7%
- EPS Growth YoY
- 25.4%
- Net Income Growth YoY
- 23.7%
Profitability
Trailing 12 months- Gross Margin
- 49.1%
- Operating Margin
- 22.7%
- Net Margin
- 13.4%
- FCF Margin
- 16.8%
- Return on Equity
- 34.5%
Earnings
Trailing 12 months- Net Income
- $1.20B
- EPS (diluted)
- $10.68
- EBITDA
- $2.36B
- Operating Income
- $2.04B
Balance Sheet
As of Jun 30, 2026- Cash and cash equivalents
- $479M
- Total Debt
- $3.26B
- Net Debt
- $2.78B
- Total Assets
- $11.1B
- Total Liabilities
- $7.59B
- Shareholders' Equity
- $3.49B
Cash Flow
Trailing 12 months- Operating Cash Flow
- $1.73B
- Capital Expenditure
- $228M
- Free Cash Flow
- $1.50B
Dividends and risk
Last 12 months- Dividend Yield
- 1.3%
- Dividend / Share
- $5.52
- Beta (5Y)
- 1.50
Every ratio is calculated from the company’s reported figures.
Strength
Revenue is up 11.3% year over year, at $8.97B.
Note
Net margin of 13.4% over the last 12 months.
Note
Net debt of $2.78B is 1.2× EBITDA, a manageable load.
Strength
Turns 16.8% of revenue into free cash flow.
Written by fixed rules from the reported figures, not by a person or an AI.
Latest report
Pro10-K for the fiscal year ended Sep 30, 2025 · filed Nov 12, 2025
The score and findings for the newest report are part of CoreStock Pro, coming soon. Every earlier report is free.
Score of each annual report
0 to 100 · 60 means nothing notable · tap a column for its details
2024 · 10-K47Some concerns
47Some concerns
10-K for the fiscal year ended Sep 30, 2024
Filed Nov 12, 2024 · Read the filing on EDGAR
- Sales fell 9% to $8.26 billion and net income attributable to Rockwell fell 31% to $952.5 million. Diluted EPS dropped to $8.28 from $11.95.
- Software & Control was hit hardest: sales fell 24% and segment earnings 44%. Lifecycle Services grew, with earnings up 146%.
- Rockwell booked $97.4 million in restructuring charges for a company-wide cost-cutting program. The order backlog shrank again, to $3.1 billion from $4.1 billion.
- Free cash flow roughly halved to $639 million, Rockwell began borrowing on commercial paper ($657 million), and S&P cut its credit ratings.
Business momentum
Weakening
“Sales in fiscal 2024 decreased 9 percent compared to 2023. Organic sales decreased 10 percent.”
Outlook
Cautious
“Manufacturing PMI results continued to soften in the fourth quarter of 2024.”
Financial stress
Low
“We were in compliance with all covenants under our credit facilities at September 30, 2024 and 2023.”
Tone against the previous report
More negative
Red flags
- Minor
Other
“In July 2024, Standard & Poor’s downgraded our short-term rating from A-1 to A-2 and our long-term rating from A to A- and also changed our outlook from negative to stable.”
Positives
Lifecycle Services profits more than doubled
“Lifecycle Services segment operating earnings increased 146 percent year over year.”
Recurring revenue keeps growing
“Total annual recurring revenue at September 30, 2024, grew approximately 16 percent compared to September 30, 2023.”
Price increases outpaced cost inflation
“partially offset by lower incentive compensation and the positive impact of price realization exceeding input costs”
Concerns
Steep drop in Software & Control profits
“Software & Control segment operating earnings decreased 44 percent year over year.”
Backlog fell sharply again
“Total Company $ 3,090.6 $ 4,108.9”
Free cash flow roughly halved
“Free cash flow was $639.1 million for the year ended September 30, 2024, compared to $1,214.1 million for the year ended September 30, 2023.”
New risks since the previous report
Credit rating downgrade could raise borrowing costs
“Our ability to access the commercial paper market, and the related costs of these borrowings, is affected by the strength of our credit ratings and market conditions.”
Global minimum tax to raise tax rate from fiscal 2026
“Enactment of this regulation in its current form would generally apply to the Company beginning in fiscal year 2026, resulting in an increase in our effective tax rate as well as in the amount of global corporate income tax paid.”
Cost-cutting program may not deliver expected savings
“There is a risk that these initiatives will not result in the projected savings that we anticipate and could negatively impact our business and financial results.”
Increased reliance on short-term commercial paper
“Our Short-term debt as of September 30, 2024, includes commercial paper borrowings of $657.0 million with a weighted average interest rate of 5.14 percent and a weighted average maturity period of 24 days.”
Biggest risks named
- Weak industrial demand and manufacturing slowdown
- Shrinking order backlog and volatile distributor orders
- Execution risk on cost-cutting and margin programs
- Oil and gas exposure through Sensia joint venture
- Cybersecurity threats to products and systems
Artificial intelligence in this business: Mentioned
How the score adds up
| Starting point | 60 | |
| Business momentum | −6 | |
| Outlook | −2 | |
| Tone against the previous report | −2 | |
| Financial stress | 0 | |
| Red flags | −0.9 | |
| New risks | −2 | |
| Score | 47 | |
Written by AI (Claude Opus 5.5) from the report’s text. 14 of 14 quotes were found word for word in the filing; the rest are left out. Not investment advice.
All scored reports
| Period | Report | Filed | Score | Momentum | Red flags |
|---|---|---|---|---|---|
| 10-K | Nov 12, 2025 | Pro | |||
| 10-K | Nov 12, 2024 | 47 | Weakening | 1 minor | |
| 10-K | Nov 8, 2023 | 69 | Strong improvement | 1 minor | |
| 10-K | Nov 8, 2022 | 55 | Mixed | 1 minor | |
| 10-K | Nov 9, 2021 | 74 | Strong improvement | 1 minor | |
| 10-K | Nov 10, 2020 | 58 | Mixed | None | |
| 10-K | Nov 12, 2019 | 58 | Improving | 1 medium | |
| 10-K | Nov 9, 2018 | 52 | Mixed | 1 minor | |
| 10-K | Nov 15, 2017 | 61 | Mixed | None | |
| 10-K | Nov 15, 2016 | 54 | Weakening | 1 minor |
How these scores work
An AI model reads the management discussion, risk factors and legal sections of each report and records what they say, quoting the filing word for word. Fixed rules then turn those findings into a score from 0 to 100, where 60 means nothing notable either way. A score describes the report, not whether the stock is a good investment, and the AI may know how things turned out later, which can colour older scores. Read the methodology
From the 10-Q for Q3 FY2026 (period ended Jun 30, 2026), filed Aug 4, 2026. View filings on SEC EDGAR