Eaton Corporation plc (ETN)
NYSE: ETN · Real-Time Price · USD
391.94
+25.87 (7.07%)
Nov 3, 2026, 1:58 PM EST - Market open
Eaton Corporation Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 821 | 866 | 1,132 | 1,010 | 981 | 964 | 971 | 1,009 | 993 | 821 | 945 | 891 | 744 | 638 | 721 | 608 | 601 | 532 | 551 |
Depreciation & Amortization | 399 | 272 | 255 | 258 | 261 | 232 | 234 | 235 | 227 | 225 | 231 | 229 | 228 | 238 | 238 | 237 | 235 | 244 | 238 |
Loss (Gain) From Sale of Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -24 | - |
Other Operating Activities | 126 | -17 | -17 | -1 | 160 | -45 | -46 | -62 | -14 | -47 | -165 | -165 | 2 | -43 | -53 | -56 | -137 | 75 | 16 |
Change in Accounts Receivable | - | - | -420 | - | - | - | -215 | - | - | - | -341 | - | - | - | -743 | - | - | - | -271 |
Change in Inventory | - | - | -256 | - | - | - | -566 | - | - | - | -282 | - | - | - | -490 | - | - | - | -629 |
Change in Accounts Payable | - | - | 332 | - | - | - | 399 | - | - | - | 256 | - | - | - | 334 | - | - | - | 832 |
Change in Unearned Revenue | - | - | 202 | - | - | - | 2 | - | - | - | - | - | - | - | - | - | - | - | - |
Change in Income Taxes | - | - | -116 | - | - | - | 142 | - | - | - | 61 | - | - | - | 170 | - | - | - | -317 |
Change in Other Net Operating Assets | -219 | -614 | 853 | 84 | -484 | -913 | 676 | 127 | -260 | -524 | 593 | 186 | -124 | -498 | 1,009 | 176 | -359 | -785 | 375 |
Operating Cash Flow | 1,127 | 507 | 1,965 | 1,351 | 918 | 238 | 1,597 | 1,309 | 946 | 475 | 1,298 | 1,141 | 850 | 335 | 1,186 | 965 | 340 | 42 | 795 |
Operating Cash Flow Growth (YoY) | 22.77% | 113.02% | 23.04% | 3.21% | -2.96% | -49.90% | 23.04% | 14.72% | 11.29% | 41.79% | 9.44% | 18.24% | 150.00% | 697.62% | 49.18% | 104.88% | -46.63% | -83.85% | -15.70% |
Investing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -253 | -193 | -392 | -178 | -202 | -147 | -255 | -183 | -187 | -183 | -243 | -228 | -160 | -126 | -209 | -135 | -139 | -115 | -163 |
Sale of Property, Plant & Equipment | 1 | 38 | 27 | - | 4 | 49 | 1 | 7 | 19 | 58 | 22 | 54 | -3 | 3 | -3 | 74 | 88 | 4 | 14 |
Cash Acquisitions | - | -11,079 | 14 | -54 | -1,450 | - | - | 1 | -51 | - | - | - | - | - | 2 | - | - | -612 | - |
Divestitures | - | - | - | - | - | - | - | - | - | - | -2 | - | - | - | - | 9 | 22 | - | 19 |
Investment in Securities | -30 | -98 | 52 | -56 | -23 | 1,366 | -22 | 721 | -311 | 150 | -557 | -585 | -751 | -27 | 26 | -66 | -3 | -18 | 115 |
Other Investing Activities | -4 | -43 | -19 | -5 | -52 | -35 | 5 | -35 | -14 | 8 | -13 | 7 | 8 | 26 | -33 | -43 | -28 | -21 | -61 |
Investing Cash Flow | -286 | -11,375 | -318 | -293 | -1,723 | 1,233 | -271 | 511 | -544 | 33 | -793 | -752 | -906 | -124 | -217 | -161 | -60 | -762 | -76 |
Financing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 2,507 | - | - | - | 805 | - | - | - | - | - | - | - | - | - | - | - | 1,105 | - |
Long-Term Debt Issued | - | 9,871 | - | - | - | - | - | - | - | - | - | - | - | 318 | - | - | - | - | - |
Total Debt Issued | -419 | 12,378 | -760 | -350 | 1,364 | 805 | - | - | 1,084 | - | - | - | 500 | 318 | -579 | 1,507 | 279 | 1,105 | -410 |
Short-Term Debt Repaid | - | - | - | - | - | - | - | - | - | -7 | - | - | - | -236 | - | - | - | - | - |
Long-Term Debt Repaid | - | -1,069 | - | - | - | -3 | - | - | - | -4 | - | - | - | -3 | - | - | - | -4 | - |
Total Debt Repaid | -74 | -1,069 | -3 | -1 | -710 | -3 | -6 | -614 | -392 | -11 | -24 | -76 | 9 | -239 | -4 | -2,002 | -2 | -4 | -2 |
Net Debt Issued (Repaid) | -493 | 11,309 | -763 | -351 | 654 | 802 | -6 | -614 | 692 | -11 | -24 | -76 | 509 | 79 | -583 | -495 | 277 | 1,101 | -412 |
Issuance of Common Stock | 25 | 10 | 2 | 8 | 22 | 7 | 15 | 8 | 5 | 41 | 5 | 27 | 29 | 17 | 12 | 3 | 5 | 8 | 15 |
Repurchase of Common Stock | -9 | -44 | -195 | -366 | -697 | -656 | -880 | -881 | -607 | -194 | - | -2 | -7 | -40 | - | -102 | -108 | -136 | -1 |
Common Dividends Paid | -443 | -415 | -404 | -404 | -421 | -397 | -370 | -374 | -388 | -368 | -344 | -343 | -358 | -334 | -322 | -323 | -334 | -320 | -303 |
Other Financing Activities | -2 | -64 | -1 | -2 | -11 | - | -3 | 8 | -5 | -4 | -1 | - | -5 | -3 | -2 | -20 | - | -1 | - |
Financing Cash Flow | -922 | 10,796 | -1,361 | -1,115 | -453 | -244 | -1,244 | -1,853 | -303 | -536 | -364 | -394 | 168 | -281 | -895 | -937 | -160 | 652 | -701 |
Net Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -1 | 14 | 7 | -12 | -119 | -7 | - | -32 | -33 | 13 | -2 | 2 | 5 | 11 | -11 | - | 7 | 8 | 8 |
Miscellaneous Cash Flow Adjustments | - | 1 | 1 | -1 | -2 | 2 | - | -2 | 1 | - | 1 | -2 | 1 | - | 1 | - | -1 | - | - |
Net Cash Flow | -82 | -57 | 294 | -70 | -1,379 | 1,222 | 82 | -67 | 67 | -15 | 140 | -5 | 118 | -59 | 64 | -133 | 126 | -60 | 26 |
Free Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 874 | 314 | 1,573 | 1,173 | 716 | 91 | 1,342 | 1,126 | 759 | 292 | 1,055 | 913 | 690 | 209 | 977 | 830 | 201 | -73 | 632 |
Free Cash Flow Growth (YoY) | 22.07% | 245.05% | 17.21% | 4.17% | -5.67% | -68.84% | 27.20% | 23.33% | 10.00% | 39.71% | 7.98% | 10.00% | 243.28% | - | 54.59% | 150.75% | -58.47% | - | -25.21% |
Free Cash Flow Margin | 10.24% | 4.21% | 22.30% | 16.79% | 10.19% | 1.43% | 21.51% | 17.75% | 11.95% | 4.91% | 17.68% | 15.53% | 11.76% | 3.81% | 18.15% | 15.62% | 3.86% | -1.51% | 13.17% |
Free Cash Flow Per Share | 2.24 | 0.81 | 4.04 | 3.01 | 1.83 | 0.23 | 3.39 | 2.82 | 1.89 | 0.73 | 2.63 | 2.27 | 1.72 | 0.52 | 2.44 | 2.07 | 0.50 | -0.18 | 1.57 |
Levered Free Cash Flow | 740.5 | 124.25 | 1,343 | 877.5 | 310.25 | 75.75 | 1,061 | 895.88 | 550.63 | 329.25 | 764 | 871.38 | 512.88 | 250.75 | 633.38 | 814 | 306.63 | -179.13 | 458.5 |
Unlevered Free Cash Flow | 866.13 | 193 | 1,388 | 919.38 | 354.63 | 96.38 | 1,095 | 912.13 | 550.63 | 363 | 804.63 | 900.75 | 542.88 | 288.88 | 679 | 814 | 310.38 | -164.13 | 484.13 |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | - | - | 352 | - | - | - | 330 | - | - | - | 320 | - | - | - | 252 | - | - | - | 209 |
Cash Income Tax Paid | - | - | 909 | - | - | - | 752 | - | - | - | 727 | - | - | - | 393 | - | - | - | 753 |
Change in Working Capital | -219 | -614 | 595 | 84 | -484 | -913 | 438 | 127 | -260 | -524 | 287 | 186 | -124 | -498 | 280 | 176 | -359 | -785 | -10 |