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Eaton Corporation

ETNNYSEStock Fundamentals

Eaton is a global intelligent power management company that provides energy-efficient solutions to help customers manage electrical, hydraulic, and mechanical power. The company focuses on the megatrends of electrification, digitalization, and energy transition across diverse end markets including data centers, utilities, and aerospace.

Market Cap$151.96B
Revenue TTM$28.5B
Net Income TTM$4.0B
P/E Ratio38.10
Net Margin13.98%
EPS TTM$10.22
Free Cash Flow TTM$3.8B
Employees94.0K
CEOPaulo Ruiz Sternadt
CountryIreland
Industrials
Industrial - Machinery
SegmentsElectrical Equipment, Aerospace & Defense, Industrial Machinery
Business ModelsManufacturing, B2B Engineering Services
Most Recent EarningsMay 5, 2026 · 21 days agoQ1 2026
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Next EarningsAug 4, 2026 · in 2 monthsBefore Market Open · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin36.89%
ROE20.86%
D/E29.02%
Current Ratio1.19
Total Debt$5.7B
Cash$565.0M
CapEx TTM$965.0M

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Electrical

primary

Provides components and systems for power distribution, circuit protection, and modular infrastructure. This segment is a primary growth driver, particularly within the data center and utility sectors.

Products

Solid-state transformers, Modular data center solutions, Liquid cooling technology, Power distribution units

Customers

Hyperscale data center operators, Electric utilities, Commercial building developers, Industrial facilities

Aerospace

major

Supplies advanced power management systems and components for commercial and military aircraft. The segment benefits from long-cycle growth in global aviation and defense infrastructure.

Products

Next-generation aerospace solutions, Hydraulic systems, Fuel systems, Motion control components

Customers

Commercial aircraft manufacturers, Defense contractors, Airlines, Government agencies

Mobility

moderate

Focuses on vehicle and eMobility solutions for internal combustion and electric vehicle platforms. This segment is currently slated for a strategic spin-off into an independent public company.

Products

eMobility power electronics, Vehicle transmissions, Valvetrain systems

Customers

Automotive OEMs, Commercial vehicle manufacturers, Electric vehicle startups

Segment Financials

Electrical Americas — Total Assets

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Europe — Total Net Sales

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Electrical Global — Total Assets

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Aerospace — Total Assets

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Mobility — Total Assets

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Business Overview

Competitive Position

Eaton is a leading global provider of power management solutions, leveraging a massive installed base and deep technical expertise to capitalize on the global shift toward electrification.

Geographies

North America, Global

Customer Segments

Enterprise, Government, Utilities, Industrial

Upstream Dependencies

Raw material suppliers (copper, steel, aluminum), Electronic component manufacturers, Specialty chemical providers

Downstream Customers

Data center operators, Utility companies, Aerospace OEMs, Construction contractors, Industrial manufacturers

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Eaton Corporation FAQ

Common questions about Eaton Corporation

Eaton is a global intelligent power management company that provides energy-efficient solutions to help customers manage electrical, hydraulic, and mechanical power. The company focuses on the megatrends of electrification, digitalization, and energy transition across diverse end markets including data centers, utilities, and aerospace.

Eaton Corporation (ETN) has a market capitalization of $151.96B and trades on NYSE.

Eaton Corporation generated $28.5B in trailing twelve-month revenue with net income of $4.0B, representing a net margin of 14.0%. Gross margin stands at 36.9%, with free cash flow of $3.8B. These figures are based on the Q1 2026 filing.

Eaton Corporation's key competitors include Parker-Hannifin Corporation, Honeywell International Inc., TransDigm Group Incorporated, and others. These companies compete in similar markets and product categories.

Eaton Corporation has approximately 94,000 employees.