Rockwell Automation, Inc. · NYSE:ROK
Rockwell Automation — Q1 2025 Earnings Presentation
23 slides from Rockwell Automation's earnings presentation, Feb 10, 2025
Slide 1: Q1 Fiscal 2025 Earnings Presentation
Q1 Fiscal 2025 Earnings Presentation February 10, 2025 PUBLIC PUBLIC | Copyright ©2025 Rockwell Automation, Inc. | 1 1
Slide 2: Forward-looking statements and non-GAAP information
This presentation includes statements related to the expected future results of the company and are therefore forward-looking statements. Actual results may differ materially from those projections due to a wide range of risks and uncertainties, including those that are listed in our SEC filings. Th
Slide 3: Q1 FY25 Results Highlights
Q1 FY25 Results Highlights ▶ Orders up ~10% YOY and up mid single digits sequentially ▶ Reported sales down (8.4)% YOY; organic sales down (7.6)% YOY ▶ Currency decreased sales (0.9) pts YOY ▶ Total Annual Recurring Revenue (ARR) up 11% YOY ▶ Segment margin of 17.1% and adjusted EPS of $1.83, above
Slide 4: Q1 FY25 Organic Industry Segment Performance
Q1 FY25 Organic Industry Segment Performance Q1 FY25 Q1 FY25 vs. Q1 FY24 vs. Q1 FY24 Automotive down mid single digits Down low single digits Semiconductor down mid single digits DISCRETE e-Commerce & Warehouse Automation up ~30% Food & Beverage down high single digits Down high single digit
Slide 5: Q1 FY25 Year-Over-Year Organic Sales Growth
Q1 FY25 Year-Over-Year Organic Sales Growth EMEA North (14)% % of America Asia Reported (8)% Pacific Sales (9)% Latin America 15% Americas continue to be our strongest regions PUBLIC | Copyright ©2025 Rockwell Automation, Inc. | 5
Slide 6: Full Year Outlook Update
Full Year Outlook Update ▶ Updating reported sales midpoint to ~$8.1B due to currency headwinds ▶ Updating reported sales growth range to (5.5)% - 0.5% YOY; currency to decrease sales ~(1.5) pts ▶ Reaffirming organic sales growth range of (4)% - 2% YOY ▶ Total ARR expected to grow ~10% YOY ▶ Expect
Slide 7: Q1 FY25 Key Financial Information
Q1 FY25 Key Financial Information ($ in millions, except per share amounts) Q1 FY25 Q1 FY24 YOY B/(W) Organic Growth (7.6) % Inorganic Growth +0.1 % Sales $1,881 $2,052 Currency Translation (0.9) % Reported Growth (8.4) % Segment Operating Margin 17.1% 17.3% (20) bps Corporate and Other $38 $40 $2 A
Slide 8: Q1 FY25 Segment Results
Q1 FY25 Segment Results Sales ($ in millions; YOY growth %) Segment Operating Margin Q1 FY23 Segment Highlights Organic (12) % Intelligent Lower segment margin YOY driven by lower sales $806M Inorganic — % 14.9% volume partially offset by the benefits from cost Devices Currency (1) % (130) bps YOY r
Slide 9: Q1 FY24 to Q1 FY25 Adjusted EPS Walk
Q1 FY24 to Q1 FY25 Adjusted EPS Walk ~ $(0.55) ~ $0.50 ~ $(0.20) ~ $0.04 $2.04 $1.83 Q1 FY24 Core Cost Reduction and Margin Compensation* All Other** Q1 FY25 Expansion Actions *Compensation reflects merit and incentive compensation **All Other includes: Previous Year One-Time Acquisition Costs, Inte
Slide 10: Fiscal Year 2025 Guidance
Fiscal Year 2025 Guidance Updated Guidance Prior Guidance Reported Sales Midpoint ~ $8.1B ~ $8.2B Organic Growth (4)% - 2% (4)% - 2% Inorganic Growth ~ 0% ~ 0% Currency Translation ~ (1.5)% ~ 0% Segment Operating Margin ~ 19% ~ 19% Adjusted Effective Tax Rate ~ 17% ~ 17% Adjusted EPS Target $8.60 -
Slide 11: Appendix
Appendix PUBLIC | Copyright ©2025 Rockwell Automation, Inc. | 11
Slide 12: FY25 Organic Industry Segment Outlook
FY25 Organic Industry Segment Outlook FY25 Assumptions at B/(W) vs. vs. FY24 Guidance Midpoint Prior Guidance Automotive down low single digits Down low single digits Semiconductor down low single digits = e-Commerce & Warehouse Automation up DISCRETE high single digits Food & Beverage down
Slide 13: Industry Segmentation
Industry Segmentation % of FY24 Sales ~25% ~35% ~40% of sales of sales of sales ~10% Automotive ~20% Food & Beverage ~15% Energy ~5% Semiconductor ~5% Life Sciences ~5% Mining ~5% e-Commerce & Warehouse ~5% Household & Personal Care ~5% Metals Automation ~5% Tire ~5% Chemicals ~5% General Industries
Slide 14: Q1 FY25 Results: Summary
Q1 FY25 Results: Summary Three Months Ended Financial Summary December 31, ($ in millions, except per share amounts) 2024 2023 Total sales $ 1,881 $ 2,052 Total segment operating earnings $ 321 $ 356 Purchase accounting depreciation and amortization (35) (36) Corporate and other (38) (40) Non-operat
Slide 15: Reconciliation to Non-GAAP Measures: Free Cash Flow
Reconciliation to Non-GAAP Measures Free Cash Flow Three Months Ended ($ in millions) December 31, 2024 2023 Net income $ 178 $ 213 Depreciation/Amortization 78 77 Change in fair value of investments — (3) Retirement benefits expense 10 5 Receivables/Inventory/Payables 75 52 Compensation and benefit
Slide 16: Reconciliation to Non-GAAP Measures: Organic Sales
Reconciliation to Non-GAAP Measures Organic Sales ($ in millions) Three Months Ended December 31, 2024 2023 Effect of Reported Sales Less: Effect of Effect of Changes Organic Sales Reported Less: Effect of Changes in Organic Reported Growth Acquisitions in Currency Growth Sales(a) Acquisitions(e) Cu
Slide 17: Reconciliation to Non-GAAP Measures: Segment Operating Margin
Reconciliation to Non-GAAP Measures Segment Operating Margin ($ in millions) Three Months Ended December 31, 2024 2023 Sales Intelligent Devices (a) $ 806 $ 927 Software & Control (b) 529 604 Lifecycle Services (c) 546 521 Total sales (d) $ 1,881 $ 2,052 Segment operating earnings Intelligent Device
Slide 18: Reconciliation to Non-GAAP Measures: Adjusted Income and EPS
Reconciliation to Non-GAAP Measures Adjusted Income, Adjusted EPS, and Adjusted Effective Tax Rate ($ in millions, except per share amounts) Three Months Ended December 31, 2024 2023 Net income attributable to Rockwell Automation $ 184 $ 215 Non-operating pension and postretirement benefit credit —
Slide 19: Reconciliation to Non-GAAP Measures: Return On Invested Capital
Reconciliation to Non-GAAP Measures Return On Invested Capital ($ in millions) Twelve Months Ended December 31, 2024 2023 (a) Return Net income $ 913 $ 1,112 Interest expense 160 135 Income tax provision 139 288 Purchase accounting depreciation and amortization 144 274 Return $ 1,356 $ 1,809 (b) Ave
Slide 20: Reconciliation to Non-GAAP Measures: Fiscal 2025 Guidance
Reconciliation to Non-GAAP Measures Fiscal 2025 Guidance ($ in billions, except per share amounts) Organic Sales Fiscal 2025 Guidance Organic sales growth (4)% - 2% Inorganic sales growth ~ 0% Foreign currency impact ~ (1.5)% Reported sales growth (5.5)% - 0.5% Segment Operating Margin Total sales (
Slide 21: Reconciliation to Non-GAAP Measures: Free Cash Flow Conversion
Reconciliation to Non-GAAP Measures Free Cash Flow Conversion ($ in billions) Fiscal 2025 Guidance Net income attributable to Rockwell Automation at the mid-point $ ~ 0.9 Non-operating pension and postretirement benefit credit, net of tax ~ — Purchase accounting depreciation and amortization attribu
Slide 22: Performance Metric Definition
Performance Metric Definition Total ARR Annual recurring revenue (ARR) is a key metric that enables measurement of progress in growing our recurring revenue business. It represents the annual contract value of all active recurring revenue contracts at any point in time. Recurring revenue is defined
Slide 23: Thank you
Thank you www.rockwellautomation.com www.rockwellautomation.com PUBLIC | Copyright ©2025 Rockwell Automation, Inc. | 23