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Eaton Corporation ETN Free cash flow

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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%

Valuation

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Market cap$163.04B+25.8%
Enterprise value$165.68B+21.0%
P/E40.9×+7.9×
P/S5.7×+0.6×

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

Calculated from Eaton Corporation’s reported figures.

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 free cash flow?
Eaton Corporation (ETN) reported free cash flow of $314M in Q1 2026.
How has Eaton Corporation's free cash flow changed year-over-year?
Eaton Corporation's free cash flow increased by 245.1% year-over-year, from $91M to $314M.
What is the long-term trend for Eaton Corporation's free cash flow?
Over 4 years (2021 to 2025), Eaton Corporation's free cash flow has grown at a 22.3% compound annual growth rate (CAGR), from $1.59B to $3.55B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.