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	17,080	15,375	14,762	13,865	13,293
Gross Profit	10,368	9,503	8,434	6,887	6,335
Selling, General & Admin	4,295	4,036	3,747	3,194	3,212
Research & Development	797	794	754	665	616
Operating Expenses	5,092	4,830	4,501	3,859	3,828
Operating Income	5,276	4,673	3,933	3,028	2,507
Interest Expense	-241	-131	-220	-88	-144
Currency Exchange Gain (Loss)	-	1	69	-56	-
Other Non Operating Income (Expenses)	-22	-51	-28	-44	-84
EBT Excluding Unusual Items	5,013	4,492	3,754	2,840	2,279
Merger & Restructuring Charges	-82	-	-	-29	-
Gain (Loss) on Sale of Investments	-	12	20	-5	-
Gain (Loss) on Sale of Assets	-	56	53	105	617
Other Unusual Items	-	6	-	-	-
Pretax Income	4,931	4,566	3,827	2,911	2,896
Income Tax Expense	841	768	604	445	750
Earnings From Continuing Operations	4,090	3,798	3,223	2,466	2,146
Minority Interest in Earnings	-3	-4	-5	-4	-2
Net Income	4,087	3,794	3,218	2,462	2,144
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	6.18	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	-	3,519	2,867	1,935	1,588
Free Cash Flow Per Share	-	8.81	7.15	4.83	3.95
Dividend 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	37.77%	38.20%	36.36%	33.19%	32.27%
Operating Margin	19.22%	18.78%	16.96%	14.59%	12.77%
Profit Margin	14.89%	15.25%	13.87%	11.86%	10.92%
Free Cash Flow Margin	-	14.14%	12.36%	9.32%	8.09%
EBITDA	6,277	5,594	4,859	3,982	3,429
EBITDA Margin	22.87%	22.49%	20.95%	19.19%	17.47%
D&A For EBITDA	1,001	921	926	954	922
EBIT	5,276	4,673	3,933	3,028	2,507
EBIT Margin	19.22%	18.78%	16.96%	14.59%	12.77%
Effective Tax Rate	17.05%	16.82%	15.78%	15.29%	25.90%

Updated Feb 3, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q