Eaton Corporation plc (ETN) — Financial statements
Income statement, balance sheet, and cash flow for Eaton Corporation plc — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 27,448↑10.3% | 24,878↑7.3% | 23,196↑11.8% | 20,752↑5.7% | 19,628 | |
| Cost of Revenue | 17,131↑11.4% | 15,379↑4.2% | 14,763↑6.6% | 13,846↑4.0% | 13,313 | |
| Gross Profit | 10,317↑8.6% | 9,499↑12.6% | 8,433↑22.1% | 6,906↑9.4% | 6,315 | |
| Operating Expenses | ||||||
| R&D Expenses | 796↑0.3% | 794↑5.3% | 754↑13.4% | 665↑8.0% | 616 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 4,283↑11.6% | 3,839↑4.2% | 3,684↑22.8% | 3,000↑6.0% | 2,829 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 5,079↑9.6% | 4,633↑4.4% | 4,438↑21.1% | 3,665↑6.4% | 3,445 | |
| Total Costs & Expenses | 22,210↑11.0% | 20,012↑4.2% | 19,201↑9.7% | 17,511↑4.5% | 16,758 | |
| Operating Results | ||||||
| Operating Income | 5,229↑7.5% | 4,866↑21.8% | 3,995↑23.3% | 3,241↑12.9% | 2,870 | |
| Depreciation & Amortization | 751↓18.5% | 921↓0.5% | 926↓2.9% | 954↑3.5% | 922 | |
| EBITDA | 5,947↑5.6% | 5,631↑13.5% | 4,961↑25.5% | 3,953↓0.2% | 3,962 | |
| EBIT | 5,196↑10.3% | 4,710↑16.7% | 4,035↑34.5% | 2,999↓1.3% | 3,040 | |
| Interest & Other Income | ||||||
| Net Interest Income | -264↓83.3% | -144↑30.8% | -208↓136.4% | -88↑38.9% | -144 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 264↑83.3% | 144↓30.8% | 208↑136.4% | 88↓38.9% | 144 | |
| Non-Operating Income | 33↓78.8% | 156↑490.0% | -40↓116.5% | 242↑242.4% | -170 | |
| Other Income / Expenses | -297↑1.0% | -300↓78.6% | -168↑49.1% | -330↓1369.2% | 26 | |
| Income Before Tax | 4,932↑8.0% | 4,566↑19.3% | 3,827↑31.5% | 2,911↑0.5% | 2,896 | |
| Income Tax Expense | 840↑9.4% | 768↑27.2% | 604↑35.7% | 445↓40.7% | 750 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 4,092↑7.7% | 3,798↑17.8% | 3,223↑30.7% | 2,466↑14.9% | 2,146 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 4,089↑7.8% | 3,794↑17.9% | 3,218↑30.7% | 2,462↑14.8% | 2,144 | |
| Bottom-Line Net Income | 4,088↑7.7% | 3,794↑17.9% | 3,218↑30.7% | 2,462↑14.8% | 2,144 | |
| EPS (Basic) | 10.49↑10.0% | 9.54↑18.4% | 8.06↑30.4% | 6.18↑14.9% | 5.38 | |
| EPS (Diluted) | 10.46↑10.1% | 9.50↑18.5% | 8.02↑30.6% | 6.14↑15.0% | 5.34 | |
| Weighted Average Shares | 388↓2.4% | 398↓0.4% | 399↑0.1% | 399↑0.0% | 399 | |
| Weighted Average Diluted Shares | 390↓2.5% | 399↓0.4% | 401↑0.1% | 401↓0.2% | 402 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.