Q2 2025 Performance Highlights - Emerson's underlying orders grew by 4%, with positive contributions from all regions[7] - Process and hybrid businesses increased by 6%, while Test & Measurement (T&M) rose by 8%[7] - Underlying sales grew by 2%, reaching the top of the guided range[7] - Adjusted EPS exceeded the high end of guidance by $006, reaching $148[7, 13] - Free cash flow reached $738 million[13] - Adjusted Segment EBITA Margin was 280%[13] Updated 2025 Guidance - The company expects underlying sales to grow by approximately 4%[9] - The adjusted EPS midpoint is raised to a range of $590 - $605[9] - Free cash flow is updated to $31 billion - $32 billion[9] - The company plans to return $23 billion to shareholders through dividends and share repurchases[9] Tariff Impact and Mitigation - Emerson faces approximately $245 million in tariff exposure for 2025, but expects to fully mitigate the earnings impact[11]