Companies / Industrials
ETN
Eaton Corporation
Electrical Components & Equipment
Electrical Components & EquipmentAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health65
Growth58
Profitability58
Cash generation61
Balance sheet61
Dilution control88
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)28.0%Revenue growth (FY)10.3%Revenue CAGR (3y)9.8%Gross margin37.6%Operating margin—Net margin14.9%Free cash flow margin12.9%R&D / revenue2.9%Stock comp / revenue—Net debt / operating cash flow2.07xCurrent ratio1.32Diluted share count change-2.1%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $19.6B | $20.8B | $23.2B | $24.9B | $27.4B |
| Gross profit | $6.3B | $6.9B | $8.4B | $9.5B | $10.3B |
| Net income | $2.1B | $2.5B | $3.2B | $3.8B | $4.1B |
| Operating cash flow | $2.2B | $2.5B | $3.6B | $4.3B | $4.5B |
| Capital expenditure | $575M | $598M | $757M | $808M | $919M |
| Free cash flow | $1.6B | $1.9B | $2.9B | $3.5B | $3.6B |
| R&D | $616M | $665M | $754M | $794M | $797M |
| Buybacks | $122M | $286M | $0 | $2.5B | $1.9B |
| Dividends | $1.2B | $1.3B | $1.4B | $1.5B | $1.6B |
| Cash | $297M | $294M | $488M | $555M | $622M |
| Total debt | $8.6B | $8.7B | $9.3B | $9.2B | $9.9B |
| Equity | $16.4B | $17.0B | $19.0B | $18.5B | $19.4B |
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