Such a decline was on account of the acquisition of Pentair Valves and Controls business. This reflected a reduction of 1.2 percentage points over 2016. Furthermore, Gross Profit Margin for the year 2017 was 42%. The company generated a Gross Profit of $6.4 billion in 2017 and $6.3 billion in 2016.
Eemrson is a technology and engineering company providing solutions to industrial, commercial and consumer markets worldwide.