ETN · Eaton Corp PLC - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.45B | - | $6.99B | $7.03B | $6.38B | - | $6.34B | $6.35B | $5.94B | - |
| Cost of Revenue | $4.80B | - | $4.31B | $4.43B | $3.93B | - | $3.90B | $3.94B | $3.73B | - |
| Gross Profit | $2.65B | - | $2.67B | $2.60B | $2.45B | - | $2.45B | $2.41B | $2.22B | - |
| R&D | $211.00M | - | $203.00M | $192.00M | $198.00M | - | $207.00M | $196.00M | $189.00M | - |
| SG&A | $1.27B | - | $1.10B | $1.15B | $1.05B | - | $1.03B | $1.02B | $1.02B | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $272.00M | - | $113.00M | $109.00M | $232.00M | - | - | - | $225.00M | - |
| Operating Income | $1.11B | - | $1.27B | $1.19B | $1.18B | - | $1.20B | $1.20B | $1.00B | - |
| Interest Expense | $33.00M | - | $29.00M | - | - | - | - | - | - | - |
| Income Tax | $240.00M | - | $264.00M | $203.00M | $212.00M | - | $193.00M | $201.00M | $179.00M | - |
| Net Income | $866.00M | - | $1.01B | $982.00M | $964.00M | - | $1.01B | $993.00M | $821.00M | - |
| EPS - Basic | $2.23 | - | $2.60 | $2.52 | $2.46 | - | $2.54 | $2.49 | $2.05 | - |
| EPS - Diluted | $2.22 | - | $2.59 | $2.51 | $2.45 | - | $2.53 | $2.48 | $2.04 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $565.00M | $622.00M | $328.00M | $398.00M | $1.78B | $555.00M | $473.00M | $540.00M | $473.00M | $488.00M |
| Accounts Receivable | $6.37B | $5.39B | $5.56B | $5.49B | $5.09B | $4.62B | $4.89B | $4.86B | $4.67B | $4.47B |
| Inventory | $5.15B | $4.72B | $4.61B | $4.58B | $4.39B | $4.23B | $4.18B | $3.96B | $3.87B | $3.74B |
| Accounts Payable | $4.91B | $4.17B | $3.83B | $3.76B | $3.65B | $3.68B | $3.61B | $3.50B | $3.40B | $3.37B |
| Current Assets | $14.01B | $12.36B | $12.13B | $11.90B | $12.43B | $11.80B | $12.15B | $12.65B | $11.85B | $11.68B |
| Total Assets | $55.09B | $41.25B | $40.65B | $40.51B | $39.21B | $38.38B | $39.24B | $39.38B | $38.53B | $38.43B |
| Current Liabilities | $11.74B | $9.37B | $9.47B | $9.59B | $9.52B | $7.86B | $7.94B | $8.12B | $7.61B | $7.75B |
| Long-term Debt | $18.62B | $9.89B | $9.89B | $9.88B | $9.28B | $9.15B | $9.39B | $9.83B | $9.19B | $9.26B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $19.72B | $19.43B | $18.84B | $18.61B | $18.51B | $18.49B | $19.12B | $19.22B | $19.29B | $19.04B |
| Retained Earnings | $11.14B | $10.70B | $10.17B | $9.92B | $10.04B | $10.10B | $10.37B | $10.62B | $10.61B | $10.30B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $507.00M | - | - | - | $238.00M | - | - | - | $475.00M | - |
| Investing Cash Flow | ($11.38B) | - | - | - | $1.23B | - | - | - | $33.00M | - |
| Financing Cash Flow | $10.80B | - | - | - | ($244.00M) | - | - | - | ($536.00M) | - |
| CapEx | $193.00M | - | - | - | $147.00M | - | - | - | $183.00M | - |
| Free Cash Flow | $314.00M | - | - | - | $91.00M | - | - | - | $292.00M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 35.6% | - | 38.3% | 37.0% | 38.4% | - | 38.6% | 38.0% | 37.3% | - |
| Operating margin | 14.9% | - | 18.2% | 16.9% | 18.5% | - | 19.0% | 18.8% | 16.8% | - |
| EBITDA margin | 18.5% | - | 19.9% | 18.4% | 22.1% | - | - | - | 20.6% | - |
| Net margin | 11.6% | - | 14.5% | 14.0% | 15.1% | - | 15.9% | 15.6% | 13.8% | - |
| Free cash flow margin | 4.2% | - | - | - | 1.4% | - | - | - | 4.9% | - |
| FCF / Net income | 0.36 | - | - | - | 0.09 | - | - | - | 0.36 | - |
| R&D / Revenue | 2.8% | - | 2.9% | 2.7% | 3.1% | - | 3.3% | 3.1% | 3.2% | - |
| SG&A / Revenue | 17.0% | - | 15.8% | 16.3% | 16.4% | - | 16.2% | 16.1% | 17.2% | - |
| Effective tax rate | 21.7% | - | 20.7% | 17.1% | 18.0% | - | 16.1% | 16.8% | 17.9% | - |
| Return on assets | 1.6% | - | 2.5% | 2.4% | 2.5% | - | 2.6% | 2.5% | 2.1% | - |
| Return on equity | 4.4% | - | 5.4% | 5.3% | 5.2% | - | 5.3% | 5.2% | 4.3% | - |
| Return on invested capital | 2.3% | - | 3.5% | 3.4% | 3.5% | - | 3.5% | 3.4% | 2.9% | - |
| Liquidity | ||||||||||
| Current ratio | 1.19 | 1.32 | 1.28 | 1.24 | 1.31 | 1.50 | 1.53 | 1.56 | 1.56 | 1.51 |
| Quick ratio | 0.75 | 0.81 | 0.79 | 0.76 | 0.84 | 0.96 | 1.00 | 1.07 | 1.05 | 1.02 |
| Cash ratio | 0.05 | 0.07 | 0.03 | 0.04 | 0.19 | 0.07 | 0.06 | 0.07 | 0.06 | 0.06 |
| Leverage | ||||||||||
| Debt / Equity | 0.94 | 0.51 | 0.52 | 0.53 | 0.50 | 0.50 | 0.49 | 0.51 | 0.48 | 0.49 |
| Debt / Assets | 0.34 | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 | 0.25 | 0.24 | 0.24 |
| Debt / EBITDA | 13.50 | - | 7.13 | 7.63 | 6.58 | - | - | - | 7.49 | - |
| Interest coverage | 33.5x | - | 44.0x | - | - | - | - | - | - | - |
| Equity multiplier | 2.79 | 2.12 | 2.16 | 2.18 | 2.12 | 2.08 | 2.05 | 2.05 | 2.00 | 2.02 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.14 | - | 0.17 | 0.17 | 0.16 | - | 0.16 | 0.16 | 0.15 | - |
| Inventory turnover | 0.93 | - | 0.93 | 0.97 | 0.89 | - | 0.93 | 0.99 | 0.96 | - |
| Days sales outstanding | 312d | - | 290d | 285d | 292d | - | 281d | 279d | 287d | - |
| Days inventory outstanding | 391d | - | 390d | 377d | 408d | - | 391d | 367d | 379d | - |
| Days payable outstanding | 373d | - | 324d | 310d | 339d | - | 338d | 324d | 333d | - |
| Cash conversion cycle | 330d | - | 357d | 352d | 360d | - | 334d | 323d | 333d | - |
| Valuation | ||||||||||
| P / E | 161.1x | - | 144.5x | 142.2x | 111.0x | - | 131.0x | 126.4x | 153.3x | - |
| P / B | 7.1x | - | 7.7x | 7.5x | 5.8x | - | 6.9x | 6.5x | 6.5x | - |
| P / S | 18.7x | - | 20.9x | 19.9x | 16.8x | - | 20.8x | 19.8x | 21.1x | - |
| EV / EBITDA | 114.0x | - | 112.1x | 115.2x | 81.3x | - | - | - | 109.6x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 16.8% | - | 10.1% | 10.7% | 7.3% | - | 7.9% | 8.3% | 8.4% | - |
| Revenue CAGR (3y) | 10.8% | - | 9.6% | 10.5% | 9.6% | - | 8.8% | 6.8% | 8.2% | - |
| Revenue CAGR (5y) | 9.7% | - | 9.1% | 12.8% | 5.9% | - | 3.6% | 2.8% | 2.3% | - |
| Gross profit growth (YoY) | 8.4% | - | 9.4% | 7.8% | 10.3% | - | 11.4% | 13.7% | 17.7% | - |
| Operating income growth (YoY) | -5.9% | - | 5.9% | -0.8% | 17.6% | - | 11.6% | 33.1% | 31.4% | - |
| Net income growth (YoY) | -10.2% | - | 0.1% | -1.1% | 17.4% | - | 13.2% | 33.5% | 28.7% | - |
| EPS growth (YoY) | -9.4% | - | 2.4% | 1.2% | 20.1% | - | 14.0% | 33.3% | 28.3% | - |
| EPS CAGR (3y) | 11.8% | - | 19.4% | 18.7% | 22.6% | - | 17.2% | 25.3% | 21.4% | - |
| EPS CAGR (5y) | 14.3% | - | 18.5% | 80.8% | 18.0% | - | 11.9% | 10.6% | 10.6% | - |
| FCF growth (YoY) | 245.1% | - | - | - | -68.8% | - | - | - | 39.7% | - |
| FCF CAGR (5y) | 17.4% | - | - | - | -15.5% | - | - | - | -6.2% | - |
| Book value growth (YoY) | 6.6% | 5.1% | -1.4% | -3.2% | -4.1% | -2.9% | 4.0% | 7.1% | 10.6% | 11.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$24.84B totalElectrical Americas Segment$13.28B · 53.4%
Electrical Global Segment$6.82B · 27.4%
Vehicle Segment$2.50B · 10.1%
Aerospace Segment$1.64B · 6.6%
EMobility Segment$604.00M · 2.4%
Product / service
$15.78B totalSystems$10.07B · 63.8%
Product$3.21B · 20.3%
Commercial$1.45B · 9.2%
Passenger And Light Duty$1.06B · 6.7%
Geographic
$27.45B totalUS$17.12B · 62.4%
Europe$5.08B · 18.5%
Asia Pacific$2.70B · 9.9%
Latin America$1.46B · 5.3%
CA$1.08B · 3.9%
Peer comparison
Same SIC group: Misc Industrial & Commercial Machinery & Equipment
Comparing Eaton Corp plc against the 5 most active filers in the same SIC group.
Dividends
$4.28/share trailing 12 months · +8.1% YoY
| Ex-date | Per share |
|---|---|
| May 8, 2026 | $1.1000 |
| Mar 10, 2026 | $1.1000 |
| Nov 5, 2025 | $1.0400 |
| Aug 7, 2025 | $1.0400 |
| May 5, 2025 | $1.0400 |
| Mar 10, 2025 | $1.0400 |
| Nov 4, 2024 | $0.9400 |
| Aug 5, 2024 | $0.9400 |
| May 3, 2024 | $0.9400 |
| Mar 8, 2024 | $0.9400 |
| Nov 3, 2023 | $0.8600 |
| Aug 4, 2023 | $0.8600 |
| May 5, 2023 | $0.8600 |
| Mar 3, 2023 | $0.8600 |
| Nov 9, 2022 | $0.8100 |
| Aug 11, 2022 | $0.8100 |
| May 12, 2022 | $0.8100 |
| Mar 10, 2022 | $0.8100 |
| Nov 10, 2021 | $0.7600 |
| Aug 12, 2021 | $0.7600 |
| May 13, 2021 | $0.7600 |
| Mar 15, 2021 | $0.7600 |
| Nov 5, 2020 | $0.7300 |
| Aug 13, 2020 | $0.7300 |