ETN
Eaton Corporation PLC
NYSE: ETN · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY
$433.01
+5.41% today
Updated 2026-04-30
Market cap
$168.00B
P/E ratio
41.48
P/S ratio
6.12x
EPS (TTM)
$10.44
Dividend yield
1.01%
52W range
$291 – $434
Volume
2.5M
Eaton Corporation PLC (ETN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.37B | $13.03B | $15.38B | $11.87B | $13.71B | $16.05B | $16.31B | $22.05B | $22.55B | $20.86B | $19.75B | $20.40B | $21.61B | $21.39B | $17.86B | $19.63B | $20.75B | $23.20B | $24.88B | $27.45B |
| Revenue growth (YoY) | — | +5.4% | +18.0% | -22.8% | +15.5% | +17.0% | +1.6% | +35.2% | +2.3% | -7.5% | -5.3% | +3.3% | +5.9% | -1.0% | -16.5% | +9.9% | +5.7% | +11.8% | +7.3% | +10.3% |
| Cost of revenue | $9.05B | $9.38B | $11.19B | $8.78B | $9.64B | $11.26B | $11.44B | $15.37B | $15.65B | $14.31B | $13.40B | $13.74B | $14.49B | $14.34B | $12.41B | $13.31B | $13.85B | $14.58B | $15.38B | $17.13B |
| Gross profit | $3.32B | $3.65B | $4.18B | $3.09B | $4.08B | $4.79B | $4.87B | $6.68B | $6.90B | $6.55B | $6.35B | $6.67B | $7.11B | $7.05B | $5.45B | $6.32B | $6.91B | $23.20B | $9.50B | $10.32B |
| Gross margin | 26.8% | 28.0% | 27.2% | 26.0% | 29.7% | 29.8% | 29.9% | 30.3% | 30.6% | 31.4% | 32.1% | 32.7% | 32.9% | 33.0% | 30.5% | 32.2% | 33.3% | 100.0% | 38.2% | 37.6% |
| R&D | $321.00M | $335.00M | $417.00M | $395.00M | $425.00M | $417.00M | $439.00M | $644.00M | $647.00M | $625.00M | $589.00M | $584.00M | $584.00M | $606.00M | $551.00M | $616.00M | $665.00M | $754.00M | $794.00M | $796.00M |
| SG&A | $2.27B | $2.47B | $2.93B | $2.65B | $2.91B | $3.15B | $2.89B | $3.89B | $3.81B | $3.60B | $3.50B | $3.56B | $3.55B | $3.58B | $3.08B | $3.26B | $3.23B | $3.63B | $4.08B | $4.31B |
| Operating income | $1.20B | $1.24B | $1.36B | $444.00M | $1.21B | $1.65B | $1.76B | $2.31B | $2.60B | $2.50B | $2.47B | $2.67B | $2.98B | $3.06B | $2.32B | $2.87B | $3.24B | $3.82B | $4.87B | $5.23B |
| Operating margin | 9.7% | 9.5% | 8.8% | 3.7% | 8.8% | 10.3% | 10.8% | 10.5% | 11.5% | 12.0% | 12.5% | 13.1% | 13.8% | 14.3% | 13.0% | 14.6% | 15.6% | 16.5% | 19.6% | 19.1% |
| EBITDA | $1.53B | $1.66B | $1.88B | $1.02B | $1.72B | $2.23B | $2.06B | $3.15B | $2.97B | $3.30B | $3.28B | $4.53B | $3.60B | $3.71B | $2.78B | $3.96B | $3.95B | $3.82B | $5.63B | $5.95B |
| EBITDA margin | 12.3% | 12.7% | 12.2% | 8.6% | 12.6% | 13.9% | 12.6% | 14.3% | 13.2% | 15.8% | 16.6% | 22.2% | 16.7% | 17.3% | 15.6% | 20.2% | 19.0% | 16.5% | 22.6% | 21.7% |
| EBIT | $1.09B | $1.19B | $1.28B | $444.00M | $1.17B | $1.67B | $1.46B | $2.15B | $1.99B | $2.38B | $2.35B | $3.61B | $2.69B | $2.83B | $1.97B | $3.04B | $3.00B | $3.82B | $4.71B | $5.20B |
| Interest expense | $104.00M | $147.00M | $157.00M | $150.00M | $136.00M | $118.00M | $208.00M | $270.00M | $226.00M | $232.00M | $233.00M | $246.00M | $271.00M | $236.00M | $221.00M | $144.00M | $88.00M | $151.00M | $144.00M | $264.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $950.00M | $994.00M | $1.06B | $383.00M | $929.00M | $1.35B | $1.22B | $1.86B | $1.79B | $1.98B | $1.92B | $2.98B | $2.15B | $2.21B | $1.41B | $2.14B | $2.46B | $3.22B | $3.79B | $4.09B |
| Net income growth (YoY) | — | +4.6% | +6.4% | -63.8% | +142.6% | +45.3% | -9.9% | +52.9% | -3.7% | +10.4% | -2.9% | +55.3% | -28.1% | +3.1% | -36.2% | +52.1% | +14.8% | +30.7% | +17.9% | +7.8% |
| Profit margin | 7.7% | 7.6% | 6.9% | 3.2% | 6.8% | 8.4% | 7.5% | 8.4% | 8.0% | 9.5% | 9.7% | 14.6% | 9.9% | 10.3% | 7.9% | 10.9% | 11.9% | 13.9% | 15.3% | 14.9% |