ETN

Eaton
D

ETN

Arincen83/100B

Eaton income statement 1985–2026

31.98B USD over the last twelve months, and 27.45B USD in fiscal year 2025.

Revenue Operating income Net income

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Fiscal year
TTM
30 Sept 2026
FY2025
31 Dec 2025
FY2024
31 Dec 2024
FY2023
31 Dec 2023
FY2022
31 Dec 2022
FY2021
31 Dec 2021
FY2020
31 Dec 2020
FY2019
31 Dec 2019
FY2018
31 Dec 2018
FY2017
31 Dec 2017
FY2016
31 Dec 2016
Revenue
31.98B27.45B24.88B23.20B20.75B19.63B17.86B21.39B21.61B20.40B19.75B
Revenue growth
+20.09%+10.33%+7.25%+11.78%+5.73%+9.91%-16.51%-1.01%+5.91%+3.33%-5.31%
Cost of revenue
20.77B17.13B15.38B14.76B13.85B13.31B12.41B14.34B14.50B13.74B13.40B
Gross profit
11.21B10.32B9.50B8.43B6.91B6.32B5.45B7.05B7.11B6.67B6.35B
Gross margin
35.05%37.59%38.18%36.36%33.28%32.17%30.49%32.97%32.92%32.67%32.14%
Research and development
879.00M796.00M794.00M754.00M665.00M616.00M551.00M606.00M584.00M584.00M589.00M
Selling, general and administrative
4.79B4.28B3.84B3.68B3.00B2.83B2.57B3.39B3.55B3.41B3.29B
Operating expenses
5.67B5.08B4.63B4.44B3.67B3.45B3.12B3.99B4.13B3.99B3.88B
5.53B5.23B4.87B4.00B3.24B2.87B2.32B3.06B2.98B2.68B2.47B
Operating income growth
+7.19%+7.46%+21.80%+23.26%+12.93%+23.65%-24.18%+2.65%+11.48%+8.43%-1.40%
Operating margin
17.29%19.05%19.56%17.22%15.62%14.62%13.00%14.31%13.80%13.11%12.49%
Interest expense
575.00M264.00M144.00M208.00M88.00M144.00M221.00M236.00M271.00M246.00M233.00M
Other non-operating income
-606.00M-297.00M-300.00M-168.00M-330.00M26.00M-575.00M-470.00M-558.00M693.00M-349.00M
Pretax income
4.92B4.93B4.57B3.83B2.91B2.90B1.75B2.59B2.42B3.37B2.13B
Income tax
1.02B840.00M768.00M604.00M445.00M750.00M331.00M378.00M278.00M382.00M202.00M
Effective tax rate
20.76%17.03%16.82%15.78%15.29%25.90%18.96%14.59%11.47%11.34%9.50%
3.90B4.09B3.79B3.22B2.46B2.14B1.41B2.21B2.15B2.99B1.92B
Net income growth
-0.74%+7.78%+17.90%+30.71%+14.83%+52.06%-36.23%+3.08%-28.14%+55.31%-2.88%
Net margin
12.19%14.90%15.25%13.87%11.86%10.92%7.90%10.34%9.93%14.63%9.73%
Basic shares
388.38M388.20M397.60M399.10M398.70M398.70M402.20M419.00M434.30M444.50M455.00M
Diluted shares
389.45M389.50M399.40M401.10M400.80M401.60M404.00M420.80M436.90M447.00M456.50M
Change in diluted shares
-0.92%-2.48%-0.42%+0.07%-0.20%-0.59%-3.99%-3.69%-2.26%-2.08%-2.27%
EPS (basic)
10.0310.499.548.066.185.383.515.284.946.714.21
EPS (diluted)
10.0110.469.508.026.145.343.495.254.916.684.20
EPS growth
+0.10%+10.11%+18.45%+30.62%+14.98%+53.01%-33.52%+6.92%-26.50%+59.05%-0.47%
Dividends per share
4.344.163.763.443.243.042.922.842.642.402.28
Dividend growth
+6.90%+10.64%+9.30%+6.17%+6.58%+4.11%+2.82%+7.58%+10.00%+5.26%+3.64%
EBITDA
6.43B6.20B5.63B4.96B3.95B3.96B2.78B3.71B3.60B4.53B3.28B
EBITDA margin
20.09%22.60%22.63%21.39%19.05%20.19%15.56%17.35%16.65%22.19%16.61%
EBIT
5.50B5.20B4.71B4.04B3.00B3.04B1.97B2.83B2.70B3.61B2.35B

Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.

Common questions about Eaton's income statement

Source: Financial Modeling PrepVerified against SEC filings