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Eaton Corporation

ETN

Eaton is a global intelligent power management company that provides energy-efficient solutions to help customers manage electrical, hydraulic, and mechanical power.

Market cap
$162.91B+19.1%
Revenue$30.0B+15.5%
Net income$3.8B-2.5%
Free cash flow$3.9B+20.1%
EPS (diluted)$9.83-1.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Nov 3, 2026 (in 2 months)
Revenue estimate$8.5B
EPS estimate$3.52

Financials

Q2 2026

Income statement

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Revenue$8.5B+21.4%
Gross profit$2.9B+9.9%
Net income$821.0M-16.4%
EPS (diluted)$2.11-15.9%

Balance sheet

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Cash & equivalents$483.0M+21.4%
Total debt$2.8B-73.1%
Total equity$20.3B+9.1%
Total assets$56.2B+38.7%

Cash flow

See full
Operating cash flow$1.1B+22.8%
CapEx$253.0M+25.2%
Free cash flow$874.0M+22.1%

Valuation & ratios

Valuation

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Market cap$162.91B+19.1%
Enterprise value$165.23B+12.5%
P/E42.6×+7.7×
P/S5.4×+0.2×

Profitability

See full
Gross margin35.9%-2.3pp
Net margin12.8%-2.4pp
FCF margin13.1%+0.5pp

Returns & leverage

See full
Return on equity19.7%-1.1pp
Debt / equity0.1×-0.4×
Current ratio1.2×0.0×

Segments

By segment

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Electrical Americas$4.0B+17.9%
Electrical Global$2.5B+43.6%
Aerospace$1.2B+13.1%
Mobility$841.0M

Competitors

Profile

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.

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.

GeographiesNorth America, Global
Customer segmentsEnterprise, Government, Utilities, Industrial
Business modelManufacturing, B2B Engineering Services
SuppliersRaw material suppliers (copper, steel, aluminum), Electronic component manufacturers, Specialty chemical providers
CustomersData center operators, Utility companies, Aerospace OEMs, Construction contractors, Industrial manufacturers
CountryIreland
Listed1948
Employees94.0K
CEOPaulo Ruiz Sternadt
Websiteeaton.com
FilingsSEC EDGAR

FAQ

What is Eaton Corporation's market cap?
Eaton Corporation (ETN) has a market capitalization of $162.91B and trades on NYSE.
What is Eaton Corporation's revenue and profitability?
Eaton Corporation generated $30.0B in trailing twelve-month revenue with net income of $3.8B, representing a net margin of 12.8%. Gross margin stands at 35.9%, with free cash flow of $3.9B. These figures are based on the Q2 2026 filing.
Who are Eaton Corporation's competitors?
Eaton Corporation's key competitors include Honeywell International Inc., Parker-Hannifin Corporation, EnerSys, Inc., and others. These companies compete in similar markets and product categories.
What subsidiaries does Eaton Corporation have?
Eaton Corporation's subsidiaries include Fibrebond Corporation, Resilient Power Systems Inc., Ultra PCS Limited, and others.
Where is Eaton Corporation headquartered?
Eaton Corporation is headquartered in Ireland and employs approximately 94,000 people. It has been publicly traded since 1948.