Eaton Corporation Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	28,522	27,448	24,878	23,196	20,752	19,628
Revenue Growth (YoY)	12.68%	10.33%	7.25%	11.78%	5.73%	9.91%
Cost of Revenue	18,000	17,131	15,375	14,762	13,865	13,293
Gross Profit	10,522	10,317	9,503	8,434	6,887	6,335
Selling, General & Admin	4,532	4,311	4,077	3,795	3,227	3,256
Research & Development	809	797	794	754	665	616
Other Operating Expenses	-	-	-	-	-24	-617
Total Operating Expenses	5,341	5,108	4,871	4,549	3,868	3,255
Operating Income	5,181	5,209	4,632	3,885	3,019	3,080
Interest Income	-	135	204	-	-	-
Interest Expense	-314	-376	-334	-151	-144	-144
Other Non-Operating Income (Expense)	-5	-36	64	93	36	-40
Total Non-Operating Income (Expense)	-319	-277	-66	-58	-108	-184
Pretax Income	4,862	4,932	4,566	3,827	2,911	2,896
Provision for Income Taxes	868	841	768	604	445	750
Net Income	3,990	4,087	3,794	3,218	2,462	2,144
Minority Interest in Earnings	5	3	4	5	4	2
Net Income to Common	3,990	4,087	3,794	3,218	2,462	2,144
Net Income Growth	1.35%	7.72%	17.90%	30.71%	14.83%	52.06%
Shares Outstanding (Basic)	389	390	398	399	399	399
Shares Outstanding (Diluted)	390	391	399	401	401	402
Shares Change (YoY)	-1.84%	-2.05%	-0.42%	0.07%	-0.20%	-0.59%
EPS (Basic)	10.27	10.48	9.54	8.06	6.17	5.38
EPS (Diluted)	10.23	10.45	9.50	8.02	6.14	5.34
EPS Growth	3.23%	10.00%	18.45%	30.62%	14.98%	53.01%
Shares Outstanding	388.3	387.9	392.9	399.4	397.8	398.8
Free Cash Flow	3,776	3,553	3,519	2,867	1,935	1,588
Free Cash Flow Growth	6.28%	0.97%	22.74%	48.16%	21.85%	-37.85%
Free Cash Flow Per Share	9.68	9.08	8.81	7.15	4.83	3.95
Dividends Per Share	4.220	4.160	3.760	3.440	3.240	3.040
Dividend Growth	1.44%	10.64%	9.30%	6.17%	6.58%	4.11%
Gross Margin	36.89%	37.59%	38.20%	36.36%	33.19%	32.28%
Operating Margin	18.16%	18.98%	18.62%	16.75%	14.55%	15.69%
Profit Margin	14.00%	14.90%	15.27%	13.89%	11.88%	10.93%
FCF Margin	13.24%	12.94%	14.14%	12.36%	9.32%	8.09%
EBITDA	6,227	6,215	5,553	4,811	3,973	4,002
EBITDA Margin	21.83%	22.64%	22.32%	20.74%	19.15%	20.39%
EBIT	5,181	5,209	4,632	3,885	3,019	3,080
EBIT Margin	18.16%	18.98%	18.62%	16.75%	14.55%	15.69%
Effective Tax Rate	17.85%	17.05%	16.82%	15.78%	15.29%	25.90%

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q