Rockwell Automation (ROK) Barclays 43rd Annual Industrial Select Conference summary

Business performance and growth outlook

• Achieved increased resilience through diversified verticals, with process now the largest served market.

• Annual recurring revenue from software and services exceeds 10%, with profitable growth.

• Focus on operational excellence has led to expanding margins, with plans to continue margin improvement.

• Organic growth guidance for the year is 4% at midpoint, with potential to reach 5%-8%.

• Growth is broad-based across traditional and new verticals, including data centers and e-commerce.

Market trends and customer demand

• Customer sentiment is positive, with increased orders in e-commerce, warehouse automation, and chemicals.

• U.S. markets show higher orders for new capacity, especially in data centers and traditional industries.

• Double-digit order growth for new capacity is expected to be broad-based across industries.

• Lifecycle Services backlog is stabilizing, with a strong Book-to-Bill Ratio of 1.16.

Product and technology innovation

• Logix platform saw over 20% global year-over-year growth in Q1, with North America exceeding 25%.

• Destocking in PLCs is complete, and growth is expected to align with segment trends.

• Continued R&D investment, especially in Software and Control, supports ongoing product innovation.

• Data center vertical could reach 5% of business in the near future.

• Integration of mobile robots and advanced automation is driving new value in manufacturing.