
Rockwell Automation Sales Dip 9% to $8.3B Amid Demand Slowdown, Recurring Revenue Surges 16%
Rockwell Automation, Inc.Description
What this story covers
Rockwell Automation's 2024 10-K reveals 8 point 3 billion dollars sales down 9 percent due to industrial slowdowns, but recurring revenue grew 16 percent. Segments varied: Lifecycle Services up 10 percent, others down. Strong liquidity with 639 million dollars free cash flow supports dividends, repurchases, and acquisitions. Risks include economic volatility and cyber threats.
Story snapshot
CompanyRockwell Automation, Inc.
TickerROK
VariantStandard detailed
Duration17:26
Filing type10-K
PeriodAnnual 2024
IndustryIndustrials & Manufacturing
Accession0001024478-24-000107
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