ETN
$391.25-2.79%
as of close, Oct 16, 2026
☾ AH $391.25 -2.79%
Eaton Corporation plcStock · IndustrialsS&P 500 0.3%Russell 1000 0.2%US Stock Market 0.2%Russell 3000 0.2%S&P 500 Equal Weight 0.2%MSCI World 0.2%MSCI ACWI 0.2%
ETN financial statements
The full income statement, balance sheet, and cash-flow statement for Eaton Corporation plc (ETN), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 398.1M2024-09 395.2M2024-12 392.0M2025-03 391.3M2025-06 389.3M2025-09 388.4M2025-12 387.9M2026-03 388.3M2026-06 388.4M-2.4% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 27.4B+10.3% | 24.9B+7.3% | 23.2B+11.8% | 20.8B+5.7% | 19.6B+9.9% | |
| Cost of revenue | 17.1B+11.4% | 15.4B+4.2% | 14.8B+6.5% | 13.9B+4.3% | 13.3B+7.1% | |
| Research & development | 797M+0.4% | 794M+5.3% | 754M+13.4% | 665M+8.0% | 616M+11.8% | |
| Selling, general & administrative | 4.31B+5.7% | 4.08B+7.4% | 3.79B+17.6% | 3.23B-0.9% | 3.26B+5.9% | |
| Restructuring | 133M-34.2% | 202M+254.4% | 57.0M+72.7% | 33.0M-57.7% | 78.0M-63.6% | |
| Amortization of intangibles | — | — | 432M-10.6% | 483M+12.1% | 431M+26.0% | |
| Interest expense | 241M+85.4% | 130M-13.9% | 151M | — | 144M-3.4% | |
| Net interest income | — | — | -151M-4.9% | -144M+0.0% | -144M+3.4% | |
| Other non-operating income | -37.0M-157.8% | 64.0M-31.2% | 93.0M+158.3% | 36.0M+190.0% | -40.0M+73.3% | |
| Equity-method income | 8.00M-33.3% | 12.0M-40.0% | 20.0M+500.0% | -5.00M | — | |
| Pre-tax income | 4.93B+8.0% | 4.57B+19.3% | 3.83B+31.5% | 2.91B+0.5% | 2.90B+65.9% | |
| Income tax | 841M+9.5% | 768M+27.2% | 604M+35.7% | 445M-40.7% | 750M+126.6% | |
| 4.09B+7.7% | 3.79B+17.9% | 3.22B+30.7% | 2.46B+14.8% | 2.14B+52.1% | ||
| Net income to non-controlling interest | 3.00M-25.0% | 4.00M-20.0% | 5.00M+25.0% | 4.00M+100.0% | 2.00M-60.0% | |
| $10.45+10.0% | $9.50+18.5% | $8.02+30.6% | $6.14+15.0% | $5.34+53.0% | ||
| EPS (basic) | $10.48+9.9% | $9.54+18.4% | $8.06+30.6% | $6.17+14.7% | $5.38+53.3% | |
| Weighted-avg shares (basic) | 390M-1.9% | 398M-0.4% | 399M+0.1% | 399M+0.0% | 399M-0.9% | |
| Weighted-avg shares (diluted) | 391M-2.1% | 399M-0.4% | 401M+0.1% | 401M-0.2% | 402M-0.6% | |
| Dividends per share | $4.16+10.6% | $3.76+9.3% | $3.44+6.2% | $3.24+6.6% | $3.04+4.1% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 12.4B+4.7% | 11.8B+1.1% | 11.7B+33.5% | 8.75B+16.4% | 7.51B-18.2% | ||
| Cash & equivalents | 622M+12.1% | 555M+13.7% | 488M+66.0% | 294M-1.0% | 297M-32.2% | |
| Short-term investments | 181M-88.1% | 1.52B-28.1% | 2.12B+712.6% | 261M-3.7% | 271M-59.2% | |
| Accounts receivable | 5.39B+16.6% | 4.62B+3.2% | 4.47B+9.8% | 4.08B+23.6% | 3.30B+13.5% | |
| Inventory | 4.72B+11.7% | 4.23B+13.1% | 3.74B+9.0% | 3.43B+15.5% | 2.97B+40.8% | |
| Prepaid expenses | 1.44B+65.2% | 874M+2.7% | 851M+24.2% | 685M+1.2% | 677M+17.5% | |
| 41.3B+7.5% | 38.4B-0.1% | 38.4B+9.8% | 35.0B+2.9% | 34.0B+6.9% | ||
| Property, plant & equipment | 4.32B+15.7% | 3.73B+5.6% | 3.53B+12.2% | 3.15B+2.7% | 3.06B+3.4% | |
| Operating lease right-of-use | 768M-4.7% | 806M+24.4% | 648M+13.7% | 570M+29.0% | 442M+3.3% | |
| Goodwill | 15.8B+7.2% | 14.7B-1.8% | 15.0B+1.2% | 14.8B+0.3% | 14.8B+14.3% | |
| Intangible assets | 5.05B+8.5% | 4.66B-8.5% | 5.09B-7.2% | 5.49B-6.3% | 5.86B+40.2% | |
| Deferred tax assets | 707M+16.1% | 609M+33.0% | 458M+38.8% | 330M-15.8% | 392M-8.0% | |
| Other non-current assets | 2.28B+10.4% | 2.07B+0.7% | 2.05B+5.8% | 1.94B-3.6% | 2.01B+15.0% | |
| 9.37B+19.3% | 7.86B+1.4% | 7.75B+21.8% | 6.36B-11.8% | 7.21B+22.6% | ||
| Accounts payable | 4.17B+13.3% | 3.68B+9.3% | 3.37B+9.5% | 3.07B+9.8% | 2.80B+40.8% | |
| Deferred revenue | 899M+49.3% | 602M-1.3% | 610M+24.7% | 489M+23.8% | 395M+71.7% | |
| Short-term & current debt | 1.00B | 0.00-100.0% | 8.00M-97.5% | 324M+2392.3% | 13.0M-98.7% | |
| Current lease liability | 152M-6.7% | 163M+20.7% | 135M+6.3% | 127M+5.8% | 120M+3.4% | |
| Other current liabilities | 3.42B+20.7% | 2.83B+5.8% | 2.68B+7.7% | 2.49B+14.9% | 2.17B+6.9% | |
| Finance lease liability (current) | 7.00M-22.2% | 9.00M-30.8% | 13.0M+30.0% | 10.0M-33.3% | 15.0M+87.5% | |
| Long-term debt | 9.89B+8.1% | 9.15B-1.2% | 9.26B+11.2% | 8.33B-2.7% | 8.57B+6.3% | |
| Non-current lease liability | 637M-4.8% | 669M+25.5% | 533M+16.1% | 459M+36.2% | 337M+3.4% | |
| Operating lease liability (total) | 789M-5.2% | 832M+24.6% | 668M+14.0% | 586M+28.2% | 457M+3.4% | |
| Finance lease liability (total) | 25.0M-10.7% | 28.0M-20.0% | 35.0M+25.0% | 28.0M-26.3% | 38.0M+0.0% | |
| Finance lease liability | 18.0M-5.3% | 19.0M-13.6% | 22.0M+22.2% | 18.0M-21.7% | 23.0M-23.3% | |
| Deferred tax liabilities | 265M-3.6% | 275M-31.6% | 402M-24.2% | 530M-5.2% | 559M+101.8% | |
| Other non-current liabilities | 1.89B+13.3% | 1.67B+12.0% | 1.49B+3.1% | 1.44B-3.9% | 1.50B+4.4% | |
| Total non-current liabilities | 12.4B+3.5% | 12.0B+3.3% | 11.6B+0.3% | 11.6B+11.7% | 10.4B-5.5% | |
| 19.4B+5.1% | 18.5B-2.9% | 19.0B+11.7% | 17.0B+3.8% | 16.4B+9.9% | ||
| Additional paid-in capital | 12.8B+0.8% | 12.7B+0.8% | 12.6B+1.0% | 12.5B+0.5% | 12.4B+1.0% | |
| Retained earnings | 10.7B+6.0% | 10.1B-2.0% | 10.3B+21.7% | 8.47B+11.5% | 7.59B+11.8% | |
| Accumulated other comprehensive income | -4.12B+5.2% | -4.34B-11.2% | -3.91B+1.0% | -3.95B-8.6% | -3.63B+13.4% | |
| Non-controlling interest | 44.0M+2.3% | 43.0M+30.3% | 33.0M-13.2% | 38.0M+0.0% | 38.0M-11.6% | |
| Total equity incl. non-controlling | 19.5B+5.1% | 18.5B-2.8% | 19.1B+11.7% | 17.1B+3.8% | 16.5B+9.9% | |
| Total liabilities & equity | 41.3B+7.5% | 38.4B-0.1% | 38.4B+9.8% | 35.0B+2.9% | 34.0B+6.9% | |
| Common shares issued | 388M-1.3% | 393M-1.6% | 399M+0.4% | 398M-0.3% | 399M+0.2% | |
| Common shares outstanding | 388M-1.3% | 393M-1.6% | 399M+0.4% | 398M-0.3% | 399M+0.2% | |
| Shares outstanding (cover) | 388M-1.0% | 392M-1.9% | 400M+0.4% | 398M-0.2% | 399M+0.2% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 4.47B+3.4% | 4.33B+19.4% | 3.62B+43.1% | 2.53B+17.1% | 2.16B-26.5% | ||
| Depreciation & amortization | 1.01B+9.2% | 921M-0.5% | 926M-2.9% | 954M+3.5% | 922M+13.7% | |
| Intangible amortization | — | — | 432M-10.6% | 483M+12.1% | 431M+26.0% | |
| Deferred income taxes | 45.0M+129.2% | -154M+15.4% | -182M-42.2% | -128M-326.7% | -30.0M+76.0% | |
| Change in receivables | 420M+95.3% | 215M-37.0% | 341M-54.1% | 743M+174.2% | 271M+223.7% | |
| Change in inventory | 256M-54.8% | 566M+100.7% | 282M-42.4% | 490M-22.1% | 629M+269.5% | |
| Change in payables | 332M-16.8% | 399M+55.9% | 256M-23.4% | 334M-59.9% | 832M+994.7% | |
| Other operating activities | 146M+71.8% | 85.0M+211.8% | -76.0M-290.0% | 40.0M+81.8% | 22.0M | |
| -1.10B-306.3% | -271M+89.5% | -2.58B-114.6% | -1.20B+32.0% | -1.76B-544.3% | ||
| Capital expenditure | 919M+13.7% | 808M+6.7% | 757M+26.6% | 598M+4.0% | 575M+47.8% | |
| Free cash flow | 3.55B+1.0% | 3.52B+22.7% | 2.87B+48.2% | 1.94B+21.9% | 1.59B-37.8% | |
| Acquisitions | 1.49B+2880.0% | 50.0M | 0.00-100.0% | 610M-86.4% | 4.50B+2150.0% | |
| Purchases of investments | 16.0M-77.1% | 70.0M+2.9% | 68.0M+61.9% | 42.0M-66.1% | 124M+552.6% | |
| Proceeds from sale of PP&E | 80.0M-5.9% | 85.0M+11.8% | 76.0M-53.4% | 163M+270.5% | 44.0M+266.7% | |
| Other investing activities | 98.0M+206.3% | 32.0M-50.8% | 65.0M-18.8% | 80.0M-11.1% | 90.0M+32.4% | |
| -3.17B+19.4% | -3.94B-351.9% | -871M+35.0% | -1.34B-150.5% | -535M+83.6% | ||
| Long-term debt issued | 1.06B-2.4% | 1.08B+32.5% | 818M-59.0% | 2.00B+11.0% | 1.80B | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net short-term debt | 1.00M+112.5% | -8.00M+97.4% | -311M-198.1% | 317M+1485.0% | 20.0M+107.9% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 1.86B-25.3% | 2.49B | 0.00-100.0% | 286M+134.4% | 122M-92.4% | |
| Dividends paid | 1.63B+8.4% | 1.50B+8.8% | 1.38B+6.2% | 1.30B+6.6% | 1.22B+3.7% | |
| Other financing activities | -14.0M-250.0% | -4.00M+55.6% | -9.00M+60.9% | -23.0M-53.3% | -15.0M-150.0% | |
| FX effect on cash | -131M-151.9% | -52.0M-425.0% | 16.0M+300.0% | 4.00M+180.0% | -5.00M+66.7% | |
| Net change in cash | 67.0M+0.0% | 67.0M-65.5% | 194M+6566.7% | -3.00M+97.9% | -141M-307.4% | |
| Interest paid | 351M+6.7% | 329M+3.1% | 319M+27.6% | 250M+20.8% | 207M-4.2% | |
| Income taxes paid | 909M+20.9% | 752M+3.4% | 727M+85.0% | 393M-47.8% | 753M+92.6% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 124B-5.0% | 130B+35.3% | 96.2B+54.1% | 62.4B-9.4% | 68.9B+44.1% | |
| P/E | 30.2×-11.8% | 34.3×+6.8% | 32.1×+17.9% | 27.2×-15.2% | 32.1×-5.2% | |
| P/S | 4.5×-13.9% | 5.2×+23.0% | 4.3×+37.4% | 3.1×-11.8% | 3.5×+31.1% | |
| P/B | 6.4×-9.6% | 7.0×+34.5% | 5.2×+34.7% | 3.9×-7.5% | 4.2×+31.1% | |
| P/FCF | 34.8×-5.9% | 37.0×+7.2% | 34.5×-12.2% | 39.3×-9.5% | 43.4×+131.9% | |
| Earnings yield | 3.3%+13.4% | 2.9%-6.3% | 3.1%-15.2% | 3.7%+18.0% | 3.1%+5.5% | |
| FCF yield | 2.9%+6.3% | 2.7%-6.7% | 2.9%+13.9% | 2.5%+10.6% | 2.3%-56.9% | |
| Dividend yield | 1.3%+15.3% | 1.1%-20.7% | 1.4%-30.8% | 2.1%+17.4% | 1.8%-27.6% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
One company, more than one SEC registrant: these statements were filed by Eaton Corp until Dec 4, 2012 and by EATON CORPORATION plc since.
About this data
Source: ETN’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ETN filings on SEC EDGAR → Not investment advice.