Financial Highlights
Increased dividends chart
ONE-YEAR PERFORMANCE
Years ended September 30
Dollars in millions, except per share amounts
2016 2017 PERCENT CHANGE
Sales $14,522 $15,264 5%
Gross profit $6,262 $6,404 2%
Earnings before interest and taxes $2,504 $2,500 –%
Earnings from continuing operations $1,590 $1,643 3%
Earnings per share from continuing operations $2.45 $2.54 4%
Adjusted earnings per share from continuing operations* $2.45 $2.64 8%
Dividends per share $1.90 $1.92 1%
Operating cash flow from continuing operations $2,499 $2,690 8%
Dividends as a percent of free cash flow from continuing operations 60% 56%
FIVE-YEAR PERFORMANCE
Years ended September 30
Dollars in millions, except per share amounts
2012 2017 FIVE-YEAR CAGR
Sales $17,349 $15,264 (3)%
Gross profit $7,227 $6,404 (2)%
Earnings before interest and taxes $2,602 $2,500 (1)%
Earnings from continuing operations $1,444 $1,643 3%
Earnings per share from continuing operations $1.96 $2.54 5%
Adjusted earnings per share from continuing operations* $2.54 $2.64 1%
Dividends per share $1.60 $1.92 4%
Operating cash flow from continuing operations $2,336 $2,690 3%
Dividends as a percent of free cash flow from continuing operations 65% 56%

* Adjusted earnings per share exclude Valves & Controls’ first year acquisition accounting charges of $65 million after-tax, $0.10 per share in 2017, and a goodwill impairment charge of $425 million after-tax, $0.58 per share in 2012.

For more financial information, visit our website

More