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Eaton Corporation ETN Systems — Total Net Sales

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Other financials

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

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

Valuation

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Market cap$174.08B+24.8%
Enterprise value$176.4B+18.0%
P/E45.5×+9.9×
P/S5.8×+0.4×

Profitability

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

Returns & leverage

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

Where this comes from

Reported directly by Eaton Corporation in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Eaton Corporation’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 12:23 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001551182-26-000013
(In millions except for per share data)Three months ended March 31 / 2026Three months ended March 31 / 2025
Net sales$7,451$6,377
Cost of products sold4,7993,930
Selling and administrative expense1,2691,048
Research and development expense211198
Interest expense - net10633
Other income - net(41)(9)
Income before income taxes1,1071,177
Income tax expense240212

ITEM 1.FINANCIAL STATEMENTS.

FAQ

What is Eaton Corporation's systems — total net sales?
Eaton Corporation (ETN) reported systems — total net sales of $3.47B in Q1 2026.
How has Eaton Corporation's systems — total net sales changed year-over-year?
Eaton Corporation's systems — total net sales increased by 18.0% year-over-year, from $2.94B to $3.47B.
What is the long-term trend for Eaton Corporation's systems — total net sales?
Over 4 years (2021 to 2025), Eaton Corporation's systems — total net sales has grown at a 15.7% compound annual growth rate (CAGR), from $7.22B to $12.96B.
What does systems — total net sales mean?
This metric represents the total revenue generated from the sale of goods and services within the specific systems-oriented product segment. It reflects the market demand and commercial success of the company's integrated solutions and systems-level offerings. Tracking this figure helps investors assess the growth trajectory and competitive positioning of the segment relative to the broader corporate portfolio.

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