Recent News
June 22, 2026 — Rockwell announced FactoryTalk Orchestration at Automate, introducing coordination software for multi-system automation. June 18, 2026 — the company launched FactoryTalk ResilientEdge, a manufacturing execution platform for autonomous, scalable operations. May 14, 2026 — expanded EtherNet/IP in‑cabinet motor control connectivity. April–May 2026 — demonstrations at Hannover Messe and INTERPHEX highlighting cloud‑connected factory design, AI analytics and autonomous robotics for life‑sciences and packaging customers.
Technical Analysis
Directional indicators show a bullish signal mix: DI+ at 25.42 registered a dip‑and‑reversal (bullish) while DI‑ at 21.55 experienced a peak‑and‑reversal (bullish); ADX of 15.4 indicates no strong trend, so directional strength lacks conviction. That combination supports continuation of recent upside but warns the move may remain fragile.
MACD sits at 8.45 below its signal line of 8.70 with a peak‑and‑reversal in MACD trend, signaling waning bullish momentum. Momentum deterioration on MACD increases the chance of a short‑term pullback even as price holds higher bands.
MRO reads 25.93 and shows a peak‑and‑reversal, meaning the price sits above the target and downside potential exists as that oscillator contracts. The MRO signal reinforces momentum indicators that favor near‑term mean reversion risk against the current premium valuation.
RSI at 59.18 with a peak‑and‑reversal indicates momentum peaked. Price closed at $479.39, trading above the 12‑day EMA ($464.17), 20‑day average ($460.89) and 200‑day average ($393.72); the 12‑day EMA trend increases. Price sits near the upper Bollinger band range (~$485.72 2x), and 42‑day beta of 2.07 implies elevated short‑term volatility. Volume modestly below short‑ and long‑term averages. Net view: technicals remain mixed—directional bias bullish but momentum and oscillators warn of a likely pullback or consolidation in the near term, which fits a scenario of continued higher highs but episodic retracements given the stock’s premium valuation.
Fundamental Analysis
Profitability: EBIT equals $374,000,000 and EBITDA $452,000,000. EBIT margin registers 17.77%, below the industry peer mean of 19.13% and median of 20.50% but inside the peer range. QoQ, EBIT margin rose by 311.46%; YoY, it expanded by 32.62%, suggesting margin improvement versus recent periods.
Earnings: Reported EPS of $3.30 topped the estimate of $2.88, producing a positive surprise of +14.58%. Forward EPS sits near $3.44 and forward P/E at about 110.5x, reflecting elevated forward multiples relative to historical norms.
Valuation multiples: Trailing P/E near 145.4x and P/B of 11.99 appear high versus the industry peer mean P/B of 3.93 and peer high of 7.31, placing the company well above typical peer book multiples. PS at 21.34 also stands above the peer mean of 17.26. Free cash flow totaled $170,000,000 with a free cash flow yield of 0.38%, below the industry peer mean free cash flow yield of 0.87%.
Balance sheet and leverage: Total debt $3,773,000,000 and net debt roughly $2,956,000,000. Debt/EBITDA at 8.35 signals elevated leverage versus many peers; debt/equity sits at 1.01, above the peer mean of 0.51 and near peer high. Interest coverage remains constructive at 11.69x.
Growth and returns: Total revenue $2,105,000,000; revenue growth YoY +20.04% while reported revenue growth (aggregate label) shows -9.11% (use of different intervals); receivables and inventory turnover sit near peer medians. Return on equity equals 8.14% and return on assets 2.72%, both above peer means, indicating efficient capital returns despite heavy leverage.
Valuation summary: WMDST values the stock as over‑valued. Premium P/E and P/B multiples, low free cash flow yield, and elevated leverage offset improving margins and an EPS beat; those elements create a fundamental profile that supports upside potential tied to execution but raises downside risk if growth or margin expansion falters.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-12-31 |
| REPORT DATE: | 2026-05-05 |
| NEXT REPORT DATE: | 2026-08-04 |
| CASH FLOW | Begin Period Cash Flow | $ 468.0 M |
| Operating Cash Flow | $ 234.0 M | |
| Capital Expenditures | $ -64.00 M | |
| Change In Working Capital | $ -171.00 M | |
| Dividends Paid | $ -156.00 M | |
| Cash Flow Delta | $ -24.00 M | |
| End Period Cash Flow | $ 444.0 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 2.1 B | |
| Forward Revenue | $ 666.0 M | |
| COSTS | ||
| Cost Of Revenue | $ 1.1 B | |
| Depreciation | $ 44.0 M | |
| Depreciation and Amortization | $ 78.0 M | |
| Research and Development | $ 172.0 M | |
| Total Operating Expenses | $ 1.7 B | |
| PROFITABILITY | ||
| Gross Profit | $ 1.0 B | |
| EBITDA | $ 452.0 M | |
| EBIT | $ 374.0 M | |
| Operating Income | $ 366.0 M | |
| Interest Income | $ 3.0 M | |
| Interest Expense | $ 32.0 M | |
| Net Interest Income | $ -29.00 M | |
| Income Before Tax | $ 342.0 M | |
| Tax Provision | $ 40.0 M | |
| Tax Rate | 11.696 % | |
| Net Income | $ 305.0 M | |
| Net Income From Continuing Operations | $ 302.0 M | |
| EARNINGS | ||
| EPS Estimate | $ 2.88 | |
| EPS Actual | $ 3.30 | |
| EPS Difference | $ 0.42 | |
| EPS Surprise | 14.583 % | |
| Forward EPS | $ 3.44 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 11.2 B | |
| Intangible Assets | $ 4.6 B | |
| Net Tangible Assets | $ -881.00 M | |
| Total Current Assets | $ 4.0 B | |
| Cash and Short-Term Investments | $ 444.0 M | |
| Cash | $ 444.0 M | |
| Net Receivables | $ 1.8 B | |
| Inventory | $ 1.2 B | |
| Long-Term Investments | $ 825.0 M | |
| LIABILITIES | ||
| Accounts Payable | $ 774.0 M | |
| Short-Term Debt | $ 826.0 M | |
| Total Current Liabilities | $ 3.5 B | |
| Net Debt | $ 3.0 B | |
| Total Debt | $ 3.8 B | |
| Total Liabilities | $ 7.4 B | |
| EQUITY | ||
| Total Equity | $ 3.7 B | |
| Retained Earnings | $ 5.6 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 33.34 | |
| Shares Outstanding | 112.358 M | |
| Revenue Per-Share | $ 18.73 | |
| VALUATION | Market Capitalization | $ 44.9 B |
| Enterprise Value | $ 48.2 B | |
| Enterprise Multiple | 106.747 | |
| Enterprise Multiple QoQ | -53.271 % | |
| Enterprise Multiple YoY | 9.484 % | |
| Enterprise Multiple IPRWA | ROK: 106.747 high: 81.749 median: 72.625 mean: 70.582 low: -66.921 |
|
| EV/R | 22.921 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 2.998 | |
| Asset To Liability | 1.511 | |
| Debt To Capital | 0.502 | |
| Debt To Assets | 0.336 | |
| Debt To Assets QoQ | 3.356 % | |
| Debt To Assets YoY | 250.527 % | |
| Debt To Assets IPRWA | high: 0.556 ROK: 0.336 median: 0.332 mean: 0.258 low: 0.002 |
|
| Debt To Equity | 1.007 | |
| Debt To Equity QoQ | 0.915 % | |
| Debt To Equity YoY | 225.011 % | |
| Debt To Equity IPRWA | high: 1.057 ROK: 1.007 median: 0.686 mean: 0.51 low: -0.025 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 11.992 | |
| Price To Book QoQ | 12.117 % | |
| Price To Book YoY | 28.467 % | |
| Price To Book IPRWA | ROK: 11.992 high: 7.309 mean: 3.932 median: 3.877 low: -1.578 |
|
| Price To Earnings (P/E) | 145.382 | |
| Price To Earnings QoQ | 39.694 % | |
| Price To Earnings YoY | -4.792 % | |
| Price To Earnings IPRWA | high: 155.616 ROK: 145.382 mean: 100.194 median: 95.804 low: -59.489 |
|
| PE/G Ratio | 1.176 | |
| Price To Sales (P/S) | 21.34 | |
| Price To Sales QoQ | 26.461 % | |
| Price To Sales YoY | 27.039 % | |
| Price To Sales IPRWA | high: 30.036 ROK: 21.34 median: 18.088 mean: 17.262 low: 0.291 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 110.516 | |
| Forward PE/G | 0.894 | |
| Forward P/S | 67.45 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | -30.075 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.188 | |
| Asset Turnover Ratio QoQ | -9.256 % | |
| Asset Turnover Ratio YoY | 10.552 % | |
| Asset Turnover Ratio IPRWA | high: 0.367 ROK: 0.188 mean: 0.147 median: 0.124 low: 0.004 |
|
| Receivables Turnover | 1.137 | |
| Receivables Turnover Ratio QoQ | -6.804 % | |
| Receivables Turnover Ratio YoY | 5.05 % | |
| Receivables Turnover Ratio IPRWA | high: 2.952 mean: 1.737 median: 1.715 ROK: 1.137 low: 0.513 |
|
| Inventory Turnover | 0.884 | |
| Inventory Turnover Ratio QoQ | 55.998 % | |
| Inventory Turnover Ratio YoY | -3.673 % | |
| Inventory Turnover Ratio IPRWA | high: 2.152 mean: 0.986 median: 0.891 ROK: 0.884 low: 0.204 |
|
| Days Sales Outstanding (DSO) | 80.283 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 129.323 | |
| Cash Conversion Cycle Days QoQ | 27.932 % | |
| Cash Conversion Cycle Days YoY | 11.489 % | |
| Cash Conversion Cycle Days IPRWA | high: 342.062 ROK: 129.323 median: 99.751 mean: 94.645 low: -9.339 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 3.92 | |
| CapEx To Revenue | -0.03 | |
| CapEx To Depreciation | -1.455 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 6.3 B | |
| Net Invested Capital | $ 7.1 B | |
| Invested Capital | $ 7.1 B | |
| Net Tangible Assets | $ -881.00 M | |
| Net Working Capital | $ 537.0 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.129 | |
| Current Ratio | 1.156 | |
| Current Ratio QoQ | 1.787 % | |
| Current Ratio YoY | 7.17 % | |
| Current Ratio IPRWA | high: 12.516 mean: 1.437 ROK: 1.156 median: 1.062 low: 0.527 |
|
| Quick Ratio | 0.803 | |
| Quick Ratio QoQ | 3.806 % | |
| Quick Ratio YoY | 10.988 % | |
| Quick Ratio IPRWA | high: 10.539 mean: 0.963 ROK: 0.803 median: 0.673 low: 0.513 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 8.347 | |
| Cost Of Debt | 0.762 % | |
| Interest Coverage Ratio | 11.688 | |
| Interest Coverage Ratio QoQ | 332.438 % | |
| Interest Coverage Ratio YoY | 80.878 % | |
| Interest Coverage Ratio IPRWA | high: 21.707 mean: 12.228 ROK: 11.688 median: 7.681 low: -37.803 |
|
| Operating Cash Flow Ratio | 0.12 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 109.809 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 1.955 | |
| Dividend Payout Ratio | 0.511 | |
| Dividend Rate | $ 1.39 | |
| Dividend Yield | 0.003 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 0.098 % | |
| Revenue Growth | -9.111 % | |
| Revenue Growth QoQ | -213.575 % | |
| Revenue Growth YoY | 20.04 % | |
| Revenue Growth IPRWA | high: 33.477 % mean: -3.188 % median: -5.409 % ROK: -9.111 % low: -53.48 % |
|
| Earnings Growth | 123.577 % | |
| Earnings Growth QoQ | 570.157 % | |
| Earnings Growth YoY | -576.929 % | |
| Earnings Growth IPRWA | high: 137.864 % ROK: 123.577 % mean: -0.698 % median: -9.808 % low: -93.333 % |
|
| MARGINS | ||
| Gross Margin | 48.266 % | |
| Gross Margin QoQ | -30.483 % | |
| Gross Margin YoY | 25.745 % | |
| Gross Margin IPRWA | high: 67.596 % ROK: 48.266 % mean: 43.308 % median: 42.132 % low: -20.898 % |
|
| EBIT Margin | 17.767 % | |
| EBIT Margin QoQ | 311.464 % | |
| EBIT Margin YoY | 32.619 % | |
| EBIT Margin IPRWA | high: 27.289 % median: 20.502 % mean: 19.131 % ROK: 17.767 % low: -50.815 % |
|
| Return On Sales (ROS) | 17.387 % | |
| Return On Sales QoQ | -12.076 % | |
| Return On Sales YoY | 29.783 % | |
| Return On Sales IPRWA | high: 27.289 % median: 19.88 % mean: 18.982 % ROK: 17.387 % low: -109.381 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 170.0 M | |
| Free Cash Flow Yield | 0.378 % | |
| Free Cash Flow Yield QoQ | -63.514 % | |
| Free Cash Flow Yield YoY | -59.223 % | |
| Free Cash Flow Yield IPRWA | high: 3.828 % mean: 0.87 % median: 0.766 % ROK: 0.378 % low: -15.768 % |
|
| Free Cash Growth | -58.025 % | |
| Free Cash Growth QoQ | 237.787 % | |
| Free Cash Growth YoY | 186.543 % | |
| Free Cash Growth IPRWA | high: 351.098 % mean: -12.193 % median: -28.504 % ROK: -58.025 % low: -318.157 % |
|
| Free Cash To Net Income | 0.557 | |
| Cash Flow Margin | 19.667 % | |
| Cash Flow To Earnings | 1.357 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 2.717 % | |
| Return On Assets QoQ | 120.715 % | |
| Return On Assets YoY | 63.773 % | |
| Return On Assets IPRWA | high: 6.193 % ROK: 2.717 % mean: 1.932 % median: 1.843 % low: -24.156 % |
|
| Return On Capital Employed (ROCE) | 4.808 % | |
| Return On Equity (ROE) | 0.081 | |
| Return On Equity QoQ | 115.568 % | |
| Return On Equity YoY | 49.779 % | |
| Return On Equity IPRWA | high: 0.236 ROK: 0.081 mean: 0.036 median: 0.03 low: -0.087 |
|
| DuPont ROE | 8.243 % | |
| Return On Invested Capital (ROIC) | 4.622 % | |
| Return On Invested Capital QoQ | 302.263 % | |
| Return On Invested Capital YoY | -87.319 % | |
| Return On Invested Capital IPRWA | high: 5.302 % ROK: 4.622 % mean: 2.721 % median: 2.701 % low: -14.79 % |
|