Eaton Corporation plc (ETN)

Eaton Corporation Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	3,993	4,090	3,798	3,223	2,465	2,146
Depreciation & Amortization	1,046	1,006	921	926	954	922
Other Adjustments	121	94	-173	-376	-198	-596
Change in Receivables	-	-777	-267	-395	-743	-271
Changes in Inventories	-	-256	-566	-282	-490	-629
Changes in Accounts Payable	-	332	399	256	334	832
Changes in Accrued Expenses	-	-50	21	197	-16	154
Changes in Income Taxes Payable	-	-116	142	61	170	-317
Changes in Unearned Revenue	-	202	2	119	-	-
Changes in Other Operating Activities	-1,014	-53	50	-105	57	-78
Operating Cash Flow	4,741	4,472	4,327	3,624	2,533	2,163
Operating Cash Flow Growth	15.92%	3.35%	19.40%	43.07%	17.11%	-26.53%
Capital Expenditures	-965	-919	-808	-757	-598	-575
Sale of Property, Plant & Equipment	69	80	85	76	163	44
Purchases of Investments	-93	-16	-70	-68	-42	-124
Proceeds from Sale of Investments	-40	1,339	608	-1,852	-18	379
Payments for Business Acquisitions	-12,569	-1,490	-50	-	-610	-4,500
Proceeds from Business Divestments	-	-	-	-	31	3,129
Other Investing Activities	-104.5	-95	-35	27	-127	-117
Investing Cash Flow	-13,709	-1,101	-271	-2,575	-1,200	-1,764
Short-Term Debt Issued	1,703	1	-8	-311	317	20
Net Short-Term Debt Issued (Repaid)	1,703	1	-8	-311	317	20
Long-Term Debt Issued	10,929	1,058	1,084	818	1,995	1,798
Long-Term Debt Repaid	-1,783	-717	-1,015	-19	-2,012	-1,013
Net Long-Term Debt Issued (Repaid)	9,146	341	69	799	-17	785
Issuance of Common Stock	42	39	69	78	28	63
Repurchase of Common Stock	-1,302	-1,914	-2,562	-49	-346	-169
Net Common Stock Issued (Repurchased)	-1,260	-1,875	-2,493	29	-318	-106
Common Dividends Paid	-1,644	-1,626	-1,500	-1,379	-1,299	-1,219
Other Financing Activities	-78	-14	-4	-9	-23	-15
Financing Cash Flow	7,867	-3,173	-3,936	-871	-1,340	-535
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-110	-131	-52	16	4	-5
Net Cash Flow	-1,212	67	67	194	-3	-141
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%
FCF Margin	13.24%	12.94%	14.14%	12.36%	9.32%	8.09%
Free Cash Flow Per Share	9.68	9.08	8.81	7.15	4.83	3.95
Levered Free Cash Flow	13,906	4,575	4,016	4,121	3,173	3,258
Unlevered Free Cash Flow	3,323	4,467	4,014	3,687	2,968	2,591

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

SEC Filings: 10-K · 10-Q