Rockwell Automation Reports Fourth Quarter and Full Year 2023 Results; Introduces Fiscal 2024 Guidance

Fourth quarter reported sales up 20.5% year over year; organic sales up 17.7% year over year 

• Fourth quarter diluted EPS of $2.61 down (10)% year over year; adjusted EPS of $3.64 up 20% year over year 

• Full year reported sales up 16.7% year over year; organic sales up 16.9% year over year 

• Total ARR grew 16% year over year 

• Full year fiscal 2023 diluted EPS of $11.95 and adjusted EPS of $12.12; up 50% and 28% year over year, respectively 

• Full year fiscal 2023 cash provided by operating activities of $1.4 billion and free cash flow of $1.2 billion; up 67% and 78% year over year, respectively 

• Fiscal 2024 guidance: 

• Reported sales growth of 0.5% - 6.5%; organic sales growth of (2.0)% - 4.0% 

• Diluted EPS $11.49 - $12.99; Adjusted EPS $12.00 - $13.50 

Read full press release here