| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $24.88B | $23.20B | $20.75B | $19.63B | $17.86B | $21.39B | $21.61B | $20.40B |
| Cost of Revenue | $15.38B | $14.76B | $13.85B | $13.31B | $12.41B | $14.34B | $14.49B | $13.74B |
| Gross Profit | $9.50B | $8.43B | $6.91B | $6.32B | $5.45B | $7.05B | $7.11B | $6.67B |
| Gross Margin | 38.18% | 36.36% | 33.28% | 32.17% | 30.49% | 32.97% | 32.92% | 32.67% |
| Operating Expenses | $4.63B | $4.44B | $3.67B | $3.44B | $3.12B | $3.99B | $4.13B | $3.99B |
| Operating Income | $4.87B | $4.00B | $3.24B | $2.87B | $2.32B | $3.06B | $2.98B | $2.67B |
| Operating Margin | 19.56% | 17.22% | 15.62% | 14.62% | 13.00% | 14.31% | 13.80% | 13.11% |
| Net Income | $3.79B | $3.22B | $2.46B | $2.14B | $1.41B | $2.21B | $2.15B | $2.98B |
| Net Margin | 15.25% | 13.87% | 11.86% | 10.92% | 7.90% | 10.34% | 9.93% | 14.63% |
| EPS (Basic) | $9.54 | $8.06 | $6.18 | $5.38 | $3.51 | $5.28 | $4.94 | $6.71 |
| EBITDA | $5.63B | $4.96B | $3.95B | $3.96B | $2.78B | $3.71B | $3.60B | $4.53B |
| Stock Option Compensation Expense | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $87.00M | $0.00 | $0.00 |
| Price To Earnings Ratio | 34.78 | 29.87 | 25.42 | 32.14 | 34.27 | 17.95 | 13.90 | 11.77 |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | $131.95B | $96.11B | $62.58B | $68.90B | $48.32B | $39.69B | $29.82B | $35.12B |
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Short Term Receivables | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Inventories | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Property, Plant & Equipment | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Investments and Advances | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Note Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Intangible Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Assets | $38.38B | $38.43B | $35.03B | $34.03B | $31.82B | $32.80B | $31.09B | $32.60B |
| Short Term Debt Incl. Current Port. of LT Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Provision for Risks Charges | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $19.85B | $19.36B | $17.95B | $17.58B | $16.85B | $16.67B | $14.95B | $15.31B |
| Non-Equity Reserves | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Preferred Stock - Carrying Value | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Common Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Shareholders Equity | $18.49B | $19.04B | $17.04B | $16.41B | $14.93B | $16.08B | $16.11B | $17.25B |
| Accumulated Minority Interest | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $18.49B | $19.04B | $17.04B | $16.41B | $14.93B | $16.08B | $16.11B | $17.25B |
| Total Liabilities & Stockholders Equity | $38.38B | $38.43B | $35.03B | $34.03B | $31.82B | $32.80B | $31.09B | $32.60B |
| Book Value Per Share | $46.61 | $47.78 | $42.83 | $41.26 | $37.23 | $38.50 | $37.17 | $38.90 |
| Tangible Book Value Per Share | $-2.11 | $-2.51 | $-8.04 | $-10.42 | $-5.23 | $-4.68 | $-4.68 | $-3.47 |
| Full-Time Employees | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Book Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 9.89% | 8.37% | 7.03% | 6.30% | 4.43% | 6.74% | 6.90% | 9.16% |
| Return on Equity | 20.52% | 16.90% | 14.45% | 13.06% | 9.44% | 13.75% | 13.32% | 17.30% |
| Return on Invested Capital | 12.97% | 10.61% | 9.47% | 7.45% | 6.97% | 9.28% | 9.89% | 8.44% |
| Quick Ratio | 0.96 | 1.02 | 0.84 | 0.63 | 1.20 | 1.15 | 0.93 | 1.12 |
| Current Ratio | 1.50 | 1.51 | 1.38 | 1.04 | 1.56 | 1.70 | 1.47 | 1.64 |
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Net Income | $3.79B | $3.22B | $2.46B | $2.14B | $1.41B | $2.21B | $2.15B | $2.98B |
| Depreciation | $921.00M | $926.00M | $954.00M | $922.00M | $811.00M | $884.00M | $903.00M | $914.00M |
| Other Funds (Non Cash) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Funds from Operations | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Extraordinary Item | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Changes in Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Taxes Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Operating Activities | $4.33B | $3.62B | $2.53B | $2.16B | $2.94B | $3.45B | $2.66B | $2.67B |
| Capital Expenditures | $808.00M | $757.00M | $598.00M | $575.00M | $389.00M | $587.00M | $565.00M | $520.00M |
| Net Assets From Acquisitions | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale of Fixed Assets and Businesses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase or Sale of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale Or Maturity of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Sources | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Investing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash Dividends Paid | $1.50B | $1.38B | $1.30B | $1.22B | $1.18B | $1.20B | $1.15B | $1.07B |
| Change in Capital Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Repurchase of Common Pref Stock | $2.49B | $0.00 | $286.00M | $122.00M | $1.61B | $1.03B | $1.27B | $850.00M |
| Sale of Common Pref Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Proceeds from Stock Options | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance or Reduction of Debt, Net | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Change in Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Reduction of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Financing Active Other Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Financing Activities Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Financing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Exchange Rate Effect | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Change in Cash | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | $3.52B | $2.87B | $1.94B | $1.59B | $2.56B | $2.86B | $2.09B | $2.15B |
| Preferred Dividends (Cash Flow) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Company coverage
Eaton Corp. Plc is a power management company, which provides energy-efficient solutions for electrical, hydraulic, and mechanical power. It operates through the following segments: Electrical Americas and Electrical Global; Aerospace, Vehicle, and eMobility. The Electrical Americas and Electrical Global segments engage in sales contracts for electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality, wiring devices, circuit protection, utility power distribution, power reliability equipment, and service. The Aerospace segment supplies aerospace fuel, hydraulics, and pneumatic systems for commercial and military use. The Vehicle segment deals with the design, manufacture, marketing, and supply of drivetrain and powertrain systems and critical components that reduce emissions and improve fuel economy, stability, performance and safety of cars, light trucks and commercial vehicles. The eMobility segment designs, manufactures, markets, and supplies electrical and electronic components and systems that improve the power management and performance of both on-road and off-road vehicles. The company was founded in 1911 and is headquartered in Dublin, Ireland.
Why it moved over time
Investors are reacting to upcoming Q2 earnings next week, where Wall Street expects double‑digit revenue growth driven by acquisitions and AI/data‑center demand — a beat could meaningfully lift guidance and valuation.
Key fact: Wall Street expects double-digit Q2 revenue growth for Eaton, citing acquisition gains and AI/data-center demand.
fool.com: Eaton vs. Tesla: A Difference in Absolute Revenue and Revenue VolatilityInvestors are positioning ahead of Eaton's Q2 earnings due next week amid expectations for double-digit revenue growth, acquisition-related gains and strong demand that could produce an earnings beat.
Key fact: Analysts expect double-digit Q2 revenue growth with acquisition gains and robust demand cited as drivers.
zacks.com: Should You Add Eaton Stock to Your Portfolio Ahead of Q2 Earnings?