Eaton Corporation Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	27,448	24,878	23,196	20,752	19,628
Revenue Growth (YoY)	10.33%	7.25%	11.78%	5.73%	9.91%
Cost of Revenue	17,131	15,375	14,762	13,865	13,293
Gross Profit	10,317	9,503	8,434	6,887	6,335
Selling, General & Admin	4,311	4,077	3,795	3,227	3,256
Research & Development	797	794	754	665	616
Operating Income	5,209	4,632	3,885	2,995	2,463
Interest Expense	-241	-130	-151	-144	-144
Other Non-Operating Income (Expense)	-37	64	93	-12	577
Total Non-Operating Income (Expense)	-278	-66	-58	-156	433
Pretax Income	4,932	4,566	3,827	2,911	2,896
Provision for Income Taxes	841	768	604	445	750
Net Income	4,087	3,794	3,218	2,462	2,144
Minority Interest in Earnings	3	4	5	4	2
Net Income to Common	4,087	3,794	3,218	2,462	2,144
Net Income Growth	7.72%	17.90%	30.71%	14.83%	52.06%
Shares Outstanding (Basic)	390	398	399	399	399
Shares Outstanding (Diluted)	391	399	401	401	402
Shares Change (YoY)	-2.05%	-0.42%	0.07%	-0.20%	-0.59%
EPS (Basic)	10.48	9.54	8.06	6.17	5.38
EPS (Diluted)	10.45	9.50	8.02	6.14	5.34
EPS Growth	10.00%	18.45%	30.62%	14.98%	53.01%
Free Cash Flow	3,553	3,519	2,867	1,935	1,588
Free Cash Flow Growth	0.97%	22.74%	48.16%	21.85%	-37.85%
Free Cash Flow Per Share	9.08	8.81	7.15	4.83	3.95
Dividends Per Share	4.160	3.760	3.440	3.240	3.040
Dividend Growth	10.64%	9.30%	6.17%	6.58%	4.11%
Gross Margin	37.59%	38.20%	36.36%	33.19%	32.28%
Operating Margin	18.98%	18.62%	16.75%	14.43%	12.55%
Profit Margin	14.90%	15.27%	13.89%	11.88%	10.93%
FCF Margin	12.94%	14.15%	12.36%	9.32%	8.09%
EBITDA	6,215	5,553	4,811	3,949	3,385
EBITDA Margin	22.64%	22.32%	20.74%	19.03%	17.25%
EBIT	5,209	4,632	3,885	2,995	2,463
EBIT Margin	18.98%	18.62%	16.75%	14.43%	12.55%
Effective Tax Rate	17.05%	16.82%	15.78%	15.29%	25.90%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.