Eaton Corp (ETN) financials
Eaton revenue and earnings by year
Eaton's revenue was $27.4 billion in the fiscal year to December 31, 2025, up 10.3% from the year before. Net income was $4.09 billion, 14.9% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 3.7% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 27.4 | 24.9 | 23.2 | 20.8 | 19.6 | 17.9 | 21.4 | 21.6 | 20.4 | 19.7 |
| Revenue growth | 10.3% | 7.3% | 11.8% | 5.7% | 9.9% | -16.5% | -1.0% | 5.9% | 3.3% | — |
| Gross profit | 10.3 | 9.5 | 8.4 | 6.9 | 6.3 | 5.5 | 7.1 | 7.1 | 6.6 | 6.4 |
| Gross margin | 37.6% | 38.2% | 36.4% | 33.2% | 32.3% | 30.5% | 33.0% | 32.8% | 32.6% | 32.2% |
| Operating income | 5.2 | 4.6 | 3.9 | 3.0 | 2.5 | 1.8 | 2.9 | 2.7 | 2.5 | 2.3 |
| Operating margin | 19.0% | 18.6% | 16.7% | 14.6% | 12.5% | 10.2% | 13.4% | 12.5% | 12.4% | 11.6% |
| Net income | 4.1 | 3.8 | 3.2 | 2.5 | 2.1 | 1.4 | 2.2 | 2.1 | 3.0 | 1.9 |
| Net margin | 14.9% | 15.3% | 13.9% | 11.9% | 10.9% | 7.9% | 10.3% | 9.9% | 14.6% | 9.7% |
| Diluted EPS | $10.45 | $9.50 | $8.02 | $6.14 | $5.34 | $3.49 | $5.25 | $4.91 | $6.68 | $4.20 |
| Free cash flow | 3.6 | 3.6 | 2.9 | 2.1 | 1.6 | 2.6 | 2.9 | 2.1 | 2.1 | 2.1 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open ETN in Markets.
See also: ETN valuation and P/E history · ETN returns
No forecast, no recommendation. This page describes Eaton Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.