Industrials · Electrical Components & Equipment · US stock · price as of 22 Oct 2026
Key indicators
Price
$423.87
52-week range
$347.53 – $497.36
Market cap
$47.3B
P/E (trailing)
39.7×
EV / EBITDA
21.2×
Free-cash-flow yield
3.2%
Dividend yield
1.3%
Revenue (last 12 months)
$9.0B
Revenue growth (3y a year)
2.4%
Operating margin
22.7%
Return on invested capital
26.9%
Net debt / EBITDA
1.2×
Fair value
Fair value (average of valid models)$359.42 middle half of models $315 – $412
Versus priceFair−15% to fair value
P/E multiple
$412.35
P/B multiple
$361.09
P/S multiple
$406.92
EV/EBITDA multiple
$453.08
EV/EBIT multiple
$446.00
EV/revenue multiple
$409.86
10-year DCF, EBITDA exit
$390.51
5-year DCF, EBITDA exit
$428.94
10-year DCF, revenue exit
$376.80
5-year DCF, revenue exit
$408.50
10-year DCF, growth exit
$206.51
5-year DCF, growth exit
$193.52
Dividend discount, multi-stage
$299.68
Earnings power value
$238.09
Model uncertainty
Medium
X-Ray Score
47/ 100 · High confidence · ahead of 36% of sector peers
Valuation24
Growth36
Profitability68
Financial health64
Dividends46
Five-year price chart navy: price · brown: 200-day average · blue band: fair value range
Executive summary
Rockwell Automation provides industrial automation and digital transformation products for manufacturers. Its offerings include programmable controllers and drives, sensors, industrial software and engineering and support services, many under the Allen-Bradley and FactoryTalk names. Customers are factories and process plants in industries such as automotive, food and beverage, life sciences and oil and gas, reached through distributors, system integrators and direct teams. Its operations are grouped into intelligent devices, software and control, and lifecycle services segments.
Revenue comes from hardware, software licences and subscriptions, and services that customers add over the life of a plant. Sales were $9.0 billion over the last twelve months, with growth of 2.4% a year across the last three years. The operating margin is 22.7%, and the business earns a profit of 27% on the capital invested in it. Net debt is 1.2 times EBITDA. A dividend is paid, with a yield of 1.3%.
StocksXray gives Rockwell Automation, Inc an X-Ray Score of 47 out of 100 (high confidence), ahead of 36% of the S&P 500 stocks in its sector. Its strongest lens is profitability (68) and its weakest is valuation (24).
Our fair value (the average of the valid models) is $359.42 (range $315.03 to $411.72). At $423.87 the stock trades 18% above that value, so the label is "Fair" with medium model uncertainty. Fair value is a range, not a price target.
XStocksXray
Rockwell Automation, Inc (ROK)
Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months
FY2021
FY2022
FY2023
FY2024
FY2025
Now
Price
$270.46
$201.33
$272.14
$260.42
$344.92
$423.87
Market cap
$31.7B
$23.5B
$31.5B
$29.8B
$39.0B
$47.3B
P/E
23.4×
25.3×
22.8×
31.5×
45.0×
39.7×
EV / revenue
5.0×
3.5×
3.7×
4.0×
5.0×
5.6×
EV / EBITDA
19.5×
18.9×
15.4×
17.3×
20.6×
21.2×
Price / free cash flow
27.8×
34.5×
25.9×
46.7×
28.7×
31.5×
Free-cash-flow yield
3.6%
2.9%
3.9%
2.1%
3.5%
3.2%
Price / book
13.3×
8.6×
8.8×
8.5×
10.7×
13.5×
Dividend yield
1.58%
2.23%
1.73%
1.92%
1.52%
1.30%
Fundamentals checklist ● 7 Good · ● 2 Average · ● 7 Bad · each check graded against the sector
Cash quality
Earnings backed by cash−4.8%Good
Free-cash-flow yield3.2%Bad
Risk models
Altman Z score3.6×Average
Piotroski F-Score8 of 9Good
Growth
EPS growth (3y)−1.3%Bad
Free-cash-flow growth (3y)25.8%Good
Revenue growth (3y)2.4%Bad
Growth consistency50%Bad
Balance sheet
Current ratio1.1×Bad
Net debt / EBITDA1.2×Good
Interest cover14.7×Average
Valuation
Fair value vs price0.8×Bad
EBIT / EV yield4.1%Bad
Profitability
Return on invested capital26.9%Good
Operating margin22.7%Good
Gross profitability39.7%Good
XStocksXray
Rockwell Automation, Inc (ROK)
Financials US$ millions, from SEC filings; last column is the last twelve months
Income statement
FY21
FY22
FY23
FY24
FY25
LTM
Revenue
6,997
7,760
9,058
8,264
8,342
8,973
Gross profit
2,898
3,102
4,423
3,851
4,016
4,405
Operating income
1,621
1,197
1,929
1,595
1,703
2,035
Net income
1,358
932
1,387
953
869
1,201
Diluted EPS ($)
11.58
7.97
11.95
8.28
7.67
10.67
Free cash flow
1,141
682
1,214
639
1,358
1,504
Gross margin
41.4%
40.0%
48.8%
46.6%
48.1%
49.1%
Operating margin
23.2%
15.4%
21.3%
19.3%
20.4%
22.7%
Net margin
19.4%
12.0%
15.3%
11.5%
10.4%
13.4%
Balance sheet
FY21
FY22
FY23
FY24
FY25
LTM
Total assets
10,702
10,759
11,304
11,232
11,219
11,091
Cash
662
491
1,072
471
468
479
Total debt
3,981
3,836
2,966
3,639
3,224
3,258
Equity
2,390
2,726
3,562
3,498
3,654
3,494
Dividend per share ($)
4.28
4.48
4.72
5.00
5.24
5.45
Revenue and net income US$ billions: navy revenue, teal net income
Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value is the average of up to 15 valuation models, most of them anchored to the company's own multiples, so it stays near the price and should be read as a range, not a point. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.
