Non-Current Assets
Goodwill
Eaton Corporation Goodwill increased by 35.7% to $21.40B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 44.1%, from $14.85B to $21.40B. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 4.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
High goodwill indicates a history of aggressive M&A; significant write-downs signal that acquired assets are underperforming expectations.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
Common in industries with high M&A activity; peers are compared based on the ratio of goodwill to total equity.
Metric ID:
goodwillHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $14.88B | $14.77B | $14.75B | $14.96B | $14.81B | $14.48B | $14.80B | $14.89B | $14.91B | $14.78B | $14.98B | $14.88B | $14.85B | $15.04B | $14.71B | $14.85B | $15.79B | $15.81B | $15.77B | $21.40B |
| QoQ Change | — | -0.8% | -0.1% | +1.4% | -1.0% | -2.2% | +2.2% | +0.7% | +0.1% | -0.9% | +1.3% | -0.7% | -0.2% | +1.3% | -2.2% | +0.9% | +6.3% | +0.1% | -0.2% | +35.7% |
| YoY Change | — | — | — | — | -0.5% | -2.0% | +0.3% | -0.4% | +0.7% | +2.1% | +1.2% | -0.1% | -0.4% | +1.8% | -1.8% | -0.2% | +6.3% | +5.1% | +7.2% | +44.1% |
Range$14.48B – $21.40B
CAGR+8.0%
Avg YoY Growth+4.0%
Median YoY Growth+0.5%
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Electrical Global | $3.93B | $4.05B | $3.84B | $3.93B | $4.18B | $4.16B | $4.16B | $9.00B |
| Electrical Americas | $7.42B | $7.43B | $7.40B | $7.40B | $8.00B | $8.05B | $8.01B | $8.01B |
| Aerospace | $2.88B | $2.95B | $2.86B | $2.90B | $2.99B | $2.98B | $2.98B | $3.77B |
| Mobility | — | — | — | — | — | — | — | $625.00M |
| Total | $14.85B | $15.04B | $14.71B | $14.85B | $15.79B | $15.81B | $15.77B | $21.40B |
Geographic Breakdown
| Segment | Q1 '26 |
|---|---|
| UNITED STATES | $99.00M |
| Total | $21.40B |
Goodwill at Other Companies
Frequently Asked Questions
- What is Eaton Corporation's goodwill?
- Eaton Corporation (ETN) reported goodwill of $21.40B in Q1 2026.
- How has Eaton Corporation's goodwill changed year-over-year?
- Eaton Corporation's goodwill increased by 44.1% year-over-year, from $14.85B to $21.40B.
- What is the long-term trend for Eaton Corporation's goodwill?
- Over 5 years (2020 to 2025), Eaton Corporation's goodwill has grown at a 4.1% compound annual growth rate (CAGR), from $12.90B to $15.77B.
- What does goodwill mean?
- The premium paid for an acquisition above the value of its tangible and identifiable assets.