10-KPeriod: FY2010

ROCKWELL AUTOMATION, INC Annual Report, Year Ended Sep 30, 2010

Filed November 18, 2010For Securities:ROK

Summary

Rockwell Automation, Inc.'s 2010 10-K filing reveals a company focused on industrial automation and information technology solutions. The report highlights the company's performance for the fiscal year ending September 29, 2010, a period that likely reflects the ongoing economic recovery following the 2008-2009 recession. Investors would be keen to understand the company's revenue streams, its competitive positioning within the industrial automation market, and its strategies for growth and profitability. Key areas of focus for investors include the company's financial health, its ability to generate cash flow, and its management of risks inherent in the global industrial sector. The filing provides a comprehensive overview of its operations, financial results, and forward-looking statements, offering insights into management's perspective on the business environment and strategic priorities. Understanding these elements is crucial for assessing Rockwell Automation's long-term value and investment potential.

Financial Highlights

51 data points
Beta

Revenue

$4.86B

39.9% Gross Margin

Net Income

$464.30M

9.6% Net Margin

EPS (Diluted)

$3.22

Total Assets

$4.75B

Cash & Equivalents

$813.40M

Free Cash Flow

$394.60M

Financial Statements
Beta
Revenue$4.86B
Cost of Revenue$2.92B
Gross Profit$1.94B
R&D Expenses$198.90M
SG&A Expenses$1.32B
Operating Income$440.40M
Interest Expense$60.50M
Net Income$464.30M
EPS (Basic)$3.26
EPS (Diluted)$3.22
Shares Outstanding (Basic)142.00M
Shares Outstanding (Diluted)144.00M

Key Highlights

  • 1The company operates in the industrial automation and information technology sector, serving a global customer base.
  • 2The fiscal year ending September 29, 2010, likely saw the company navigating a post-recessionary economic environment, impacting demand for its products and services.
  • 3Key financial statements, including the Consolidated Balance Sheet, Statement of Operations, and Statement of Cash Flows, provide a detailed look at the company's financial performance and position.
  • 4The Management's Discussion and Analysis (MD&A) section is a critical component for investors to understand the drivers of financial results, liquidity, and capital resources.
  • 5Risk Factors (Item 1A) are crucial for investors to assess potential challenges and uncertainties the company faces, such as economic downturns, competition, and technological changes.
  • 6The filing details executive officers and corporate governance practices, offering insights into the company's leadership and management structure.
  • 7Information on Market for the Company's Common Equity and Related Stockholder Matters (Item 5) provides context on share performance and shareholder value.

Frequently Asked Questions

While the filing doesn't provide specific segment revenue breakdowns within the provided structure, Rockwell Automation's business is primarily driven by the sale of industrial automation and information technology solutions. This typically includes hardware (like control systems, sensors, drives), software (for manufacturing execution, analytics), and related services (support, consulting, integration).

Based on the typical risks for a company in this sector and the economic climate of 2010, key risks likely included global economic conditions impacting industrial capital spending, intense competition from other automation providers, technological obsolescence, supply chain disruptions, and currency fluctuations due to its global operations.

The Management's Discussion and Analysis (Item 7) and the Consolidated Statement of Cash Flows would provide the most insight into this. Investors would look for details on operating cash flow generation, debt levels, available credit facilities, and capital expenditure plans to assess the company's ability to fund operations and investments.

The audited financial statements (Item 8) provide a certified, independent verification of the company's financial performance and position. They are essential for investors to evaluate profitability, asset values, liabilities, cash generation, and overall financial health, forming the bedrock of any investment decision.