Rockwell Automation (ROK) Revenue — Quarter Ended Jun 30, 2024
Revenue declined in the current quarter compared with both the prior quarter and the same quarter last year. The decrease reflects a continuation of the downward trend observed in recent periods.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q3
Revenue declined in the current quarter compared with both the prior quarter and the same quarter last year. The decrease reflects a continuation of the downward trend observed in recent periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
-3.5%
Change from the immediately preceding quarter.
Year-over-year
-8.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $2.6B | +20.5% |
| Dec 31, 2023 | $2.1B | +3.6% |
| Mar 31, 2024 | $2.1B | -6.6% |
| Jun 30, 2024 | $2.1B | -8.4% |
Revenue performance
Reported revenue for the quarter was lower than the immediately preceding quarter, marking a sequential decline. The year-over-year comparison also showed a decrease from the same quarter one year earlier.
Quarterly comparison
Compared with the prior quarter, revenue contracted, and the decline was more pronounced when measured against the same quarter a year ago. The trailing twelve-month revenue was lower than the peak level seen in the September 2023 quarter.
What to watch
The sequential and year-over-year revenue declines warrant monitoring for any further deterioration or stabilization in upcoming quarters.