“we are committed to our plans to return approximately $2.2 billion of capital to shareholders.”

In context

“st and Measurement, up 11% year over year, and our 20%, driven by the secular demand for power. Profitability exceeded expectations with an adjusted segment EBITDA margin of 27.7% and adjusted earnings per share of $1.46. Annual contract value of our software grew 9% year over year and ended the quarter at $1.6 billion. We remain confident in our plans for 2026, supported by a good start to the year and our proven track record of operational excellence. We are reiterating our guidance of 5.5% sales growth, 4% underlying sales growth, and an adjusted segment EBITDA margin of approximately 28%. We are also raising the bottom and midpoint of our adjusted EPS guide and now expect $6.4 to $6.55 per share. Emerson Electric Co. completed $250 million of share repurchase in the first quarter, and we are committed to our plans to return approximately $2.2 billion of capital to shareholders. Finally, I want to highlight multiple key developments in technology and innovation at Emerson Electric Co. In January, Emerson Electric Co. was named the 2026 Industrial IoT Company of the Year by IoT Breakthrough, marking the fourth time in the past five years we have received this recognition. Over 4,000 companies were nominated globally for the 2026 competition, and Emerson Electric Co. was selected for having the most complete industrial IoT technology stack. Additionally, we released DeltaV version 16, which advances our software-defined automation vision and is an integral piece of our enterprise operations platform. With flexible architecture and enterprise integration, DeltaV version 16 empowers customers to make smarter decisions by improving access and providing context to oper”