Eaton Corporation plc (ETN)
NYSE: ETN · Real-Time Price · USD
444.96
-3.72 (-0.83%)
At close: Aug 10, 2026, 4:00 PM EDT
445.31
+0.35 (0.08%)
After-hours: Aug 10, 2026, 5:27 PM EDT
Eaton Corporation Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Net Income | 3,833 | 4,090 | 3,798 | 3,223 | 2,465 | 2,146 |
Depreciation & Amortization | 1,184 | 1,006 | 921 | 926 | 954 | 922 |
Other Adjustments | 87 | 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 | -749 | -53 | 50 | -105 | 57 | -78 |
Operating Cash Flow | 4,950 | 4,472 | 4,327 | 3,624 | 2,533 | 2,163 |
Operating Cash Flow Growth | 21.86% | 3.35% | 19.40% | 43.07% | 17.11% | -26.53% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Capital Expenditures | -1,016 | -919 | -808 | -757 | -598 | -575 |
Sale of Property, Plant & Equipment | 66 | 80 | 85 | 76 | 163 | 44 |
Purchases of Investments | -85 | -16 | -70 | -68 | -42 | -124 |
Proceeds from Sale of Investments | -47 | 1,339 | 608 | -1,852 | -18 | 379 |
Cash Acquisitions | -11,119 | -1,490 | -50 | - | -610 | -4,500 |
Proceeds from Business Divestments | - | - | - | - | 31 | 3,129 |
Other Investing Activities | -89 | -95 | -35 | 27 | -127 | -117 |
Investing Cash Flow | -12,272 | -1,101 | -271 | -2,575 | -1,200 | -1,764 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Short-Term Debt Issued | 978 | 1 | -8 | -311 | 317 | 20 |
Net Short-Term Debt Issued (Repaid) | 978 | 1 | -8 | -311 | 317 | 20 |
Long-Term Debt Issued | 9,871 | 1,058 | 1,084 | 818 | 1,995 | 1,798 |
Long-Term Debt Repaid | -1,147 | -717 | -1,015 | -19 | -2,012 | -1,013 |
Net Long-Term Debt Issued (Repaid) | 8,724 | 341 | 69 | 799 | -17 | 785 |
Issuance of Common Stock | 45 | 39 | 69 | 78 | 28 | 63 |
Repurchase of Common Stock | -614 | -1,914 | -2,562 | -49 | -346 | -169 |
Net Common Stock Issued (Repurchased) | -569 | -1,875 | -2,493 | 29 | -318 | -106 |
Common Dividends Paid | -1,666 | -1,626 | -1,500 | -1,379 | -1,299 | -1,219 |
Other Financing Activities | -69 | -14 | -4 | -9 | -23 | -15 |
Financing Cash Flow | 7,398 | -3,173 | -3,936 | -871 | -1,340 | -535 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Foreign Exchange Rate Adjustments | 8 | -131 | -52 | 16 | 4 | -5 |
Net Cash Flow | 85 | 67 | 67 | 194 | -3 | -141 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 3,934 | 3,553 | 3,519 | 2,867 | 1,935 | 1,588 |
Free Cash Flow Growth | 20.12% | 0.97% | 22.74% | 48.16% | 21.85% | -37.85% |
FCF Margin | 13.10% | 12.94% | 14.14% | 12.36% | 9.32% | 8.09% |
Free Cash Flow Per Share | 10.10 | 9.08 | 8.81 | 7.15 | 4.83 | 3.95 |
Levered Free Cash Flow | 12,950 | 4,575 | 4,016 | 4,121 | 3,173 | 3,258 |
Unlevered Free Cash Flow | 3,649 | 4,467 | 4,014 | 3,687 | 2,968 | 2,591 |