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Eaton Corporation ETN Electrical Global — Goodwill

Other segment segments

Electrical Americas
$8.01B+8.2%
Aerospace
$3.77B+30.0%
Mobility
$625M

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Other financials

Income statement

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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

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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

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Operating cash flow$507.0M+113%
CapEx$193.0M+31.3%
Free cash flow$314.0M+245%

Valuation

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Market cap$161.19B+7.0%
Enterprise value$163.84B+2.0%
P/E40.4×+2.0×
P/S5.7×-0.1×

Profitability

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Gross margin36.9%-1.6pp
Net margin14%-1.6pp
FCF margin13.2%+0.1pp

Returns & leverage

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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 →

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Questions, answered.

What is Eaton Corporation's electrical global — goodwill?
Eaton Corporation (ETN) reported electrical global — goodwill of $9B in Q1 2026.
How has Eaton Corporation's electrical global — goodwill changed year-over-year?
Eaton Corporation's electrical global — goodwill increased by 129.1% year-over-year, from $3.93B to $9B.
What is the long-term trend for Eaton Corporation's electrical global — goodwill?
Over 4 years (2021 to 2025), Eaton Corporation's electrical global — goodwill has grown at a -0.8% compound annual growth rate (CAGR), from $16.96B to $16.42B.
What does electrical global — goodwill mean?
An intangible asset representing the premium paid over the fair value of net identifiable assets during the acquisition of businesses within the Electrical Global segment. It reflects the value of brand reputation, customer relationships, and intellectual property acquired. This balance is subject to periodic impairment testing.