Non-Current Assets

Accumulated Depreciation

Eaton Corporation Accumulated Depreciation increased by 0.5% to $5.74B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.5%, from $5.39B to $5.74B. Over 5 years (FY 2020 to FY 2025), Accumulated Depreciation shows an upward trend with a 4.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026
Parent metricPP&E (Net)

How to read this metric

A rising balance relative to gross assets suggests an aging infrastructure, potentially signaling a need for future capital expenditure to replace equipment.

Detailed definition

This is the cumulative amount of depreciation expense charged against the company's tangible assets since their acquisit...

Peer comparison

Commonly found in the balance sheet or notes for all companies with significant physical property, plant, and equipment.

Metric ID: ppe_accumulated_depreciation

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$4.76B$4.79B$4.75B$4.83B$4.77B$4.70B$4.87B$4.99B$5.07B$5.06B$5.21B$5.23B$5.25B$5.40B$5.33B$5.39B$5.60B$5.66B$5.71B$5.74B
QoQ Change+0.6%-0.7%+1.6%-1.3%-1.4%+3.5%+2.5%+1.6%-0.2%+2.9%+0.5%+0.3%+2.8%-1.1%+1.1%+3.7%+1.1%+1.0%+0.5%
YoY Change+0.2%-1.8%+2.4%+3.2%+6.4%+7.7%+7.0%+4.9%+3.5%+6.6%+2.4%+3.1%+6.6%+4.8%+7.1%+6.5%
% of PP&E (Net)155.6%158.2%155.2%156.0%156.7%158.5%154.7%155.6%155.2%151.5%147.5%147.1%145.6%145.4%143.0%143.3%138.8%139.0%132.3%125.6%
Share Change+2.6pp-3.1pp+0.8pp+0.7pp+1.8pp-3.8pp+0.9pp-0.4pp-3.7pp-4.0pp-0.4pp-1.5pp-0.2pp-2.4pp+0.3pp-4.5pp+0.2pp-6.7pp-6.8pp
Range$4.70B$5.74B
CAGR+4.0%
Avg YoY Growth+4.4%
Median YoY Growth+4.9%
Current Streak5 quarters growth

Frequently Asked Questions

What is Eaton Corporation's accumulated depreciation?
Eaton Corporation (ETN) reported accumulated depreciation of $5.74B in Q1 2026.
How has Eaton Corporation's accumulated depreciation changed year-over-year?
Eaton Corporation's accumulated depreciation increased by 6.5% year-over-year, from $5.39B to $5.74B.
What is the long-term trend for Eaton Corporation's accumulated depreciation?
Over 5 years (2020 to 2025), Eaton Corporation's accumulated depreciation has grown at a 4.3% compound annual growth rate (CAGR), from $4.62B to $5.71B.
What does accumulated depreciation mean?
The total amount of depreciation recorded against physical assets over time.