Eaton financials
$433.27+0.43%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.45B | $24.88B | $23.20B | $20.75B | $19.63B | $17.86B | $21.39B | $21.61B | $20.40B | $19.75B |
| Gross profit | $10.32B | $9.50B | $8.43B | $6.89B | $6.33B | $5.45B | $7.05B | $7.10B | $6.65B | $6.35B |
| Gross margin | 37.6% | 38.2% | 36.4% | 33.2% | 32.3% | 30.5% | 33.0% | 32.8% | 32.6% | 32.2% |
| Operating income | $5.21B | $4.63B | $3.88B | $3.00B | $2.46B | $1.82B | $2.86B | $2.97B | $2.54B | $2.30B |
| Net income | $4.09B | $3.79B | $3.22B | $2.46B | $2.14B | $1.41B | $2.21B | $2.15B | $2.98B | $1.92B |
| Net margin | 14.9% | 15.3% | 13.9% | 11.9% | 10.9% | 7.9% | 10.3% | 9.9% | 14.6% | 9.7% |
| Diluted EPS | $10.45 | $9.50 | $8.02 | $6.14 | $5.34 | $3.49 | $5.25 | $4.91 | $6.68 | $4.20 |
| EBITDA | $6.21B | $5.55B | $4.81B | $3.95B | $3.38B | $2.63B | $3.75B | $3.87B | $3.45B | $3.23B |
| Operating cash flow | $4.47B | $4.33B | $3.62B | $2.53B | $2.16B | $2.94B | $3.45B | $2.66B | $2.67B | $2.57B |
| Free cash flow | $3.55B | $3.52B | $2.87B | $1.94B | $1.59B | $2.56B | $2.86B | $2.09B | $2.15B | $2.07B |
| Diluted shares | 391.2M | 399.4M | 401.1M | 400.8M | 401.6M | 404.0M | 420.8M | 436.9M | 447.0M | 456.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $622.0M | $555.0M | $488.0M | $294.0M | $297.0M | $438.0M |
| Short-term investments | $181.0M | $1.52B | $2.12B | $261.0M | $271.0M | $664.0M |
| Total debt | $9.89B | $9.15B | $9.27B | $8.65B | $8.58B | $8.06B |
| Total assets | $41.25B | $38.38B | $38.43B | $35.01B | $34.03B | $31.82B |
| Total liabilities | $21.78B | $19.85B | $19.36B | $17.94B | $17.58B | $16.85B |
| Shareholders' equity | $19.47B | $18.53B | $19.07B | $17.07B | $16.45B | $14.97B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology