What is Eaton Corporation's goodwill?

Eaton Corporation (ETN) reported goodwill of $21.4B 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 $21.4B.

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 $12.9B to $15.77B.

What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

Eaton Corporation ETN Goodwill

Goodwill at other companies

HubbellHUBB

$3.06B+20.0%

Parker-HannifinPH

$11.1B+6.1%

Powell IndustriesPOWL

$6.04M+302%

Regal RexnordRRX

$6.58B+1.0%

WoodwardWWD

$825.5M+4.2%

Honeywell InternationalHON

$21.08B-4.3%

Segments

By segment

See full

Electrical Global$9B+129%

Electrical Americas$8.01B+8.2%

Aerospace$3.77B+30.0%

Mobility$625M—

By geography

See full

UNITED STATES$99M—

Other financials

Income statement

See full

Revenue$7.5B+16.8%

Gross profit$2.7B+8.4%

Net income$866.0M-10.2%

EPS (diluted)$2.22-9.4%

Balance sheet

See full

Cash & equivalents$565.0M-68.2%

Total debt$3.2B-64.6%

Total equity$19.7B+6.6%

Total assets$55.1B+40.5%

Cash flow

See full

Operating cash flow$507.0M+113%

CapEx$193.0M+31.3%

Free cash flow$314.0M+245%

Valuation

See full

Market cap$163.77B+30.3%

Enterprise value$166.42B+24.3%

P/E41.1×+9.1×

P/S5.7×+0.8×

Profitability

See full

Gross margin36.9%-1.6pp

Net margin14%-1.6pp

FCF margin13.2%+0.1pp

Returns & leverage

See full

Return on equity20.9%0.0pp

Debt / equity0.2×-0.3×

Current ratio1.2×-0.1×

Where this comes from

Reported directly by Eaton Corporation in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Eaton Corporation’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

Ask your AI about Eaton Corporation's goodwill.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Eaton Corporation's goodwill?: Eaton Corporation (ETN) reported goodwill of $21.4B 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 $21.4B.
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 $12.9B to $15.77B.
What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.