Eaton Corp plc (ETN) Financial Statements (2026 and earlier)

Company Profile

Business Address 30 PEMBROKE ROAD
DUBLIN, DUBLIN 4
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 359 - Miscellaneous Industrial And Commercial (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,0802,6095555681,102591
Cash and cash equivalent555488294297438370
Short-term investments1,5252,121261271664221
Receivables4,6194,4754,0763,2972,9043,437
Inventory, net of allowances, customer advances and progress billings4,2273,7393,4302,9692,1092,805
Inventory4,2273,7393,4302,9692,1092,805
Disposal group, including discontinued operation     2,4871,377
Other undisclosed current assets875852685677576518
Total current assets:11,80111,6758,7467,5119,1788,728
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization      26
Operating lease, right-of-use asset806648570442428436
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization3,7293,5303,1463,0642,9643,496
Intangible asset, including goodwill, after accumulated amortization19,37120,06820,28120,60617,07818,094
Goodwill14,71314,97714,79614,75112,90313,456
Intangible asset, excluding goodwill, after accumulated amortization4,6585,0915,4855,8554,1754,638
Deferred income tax assets609458330392426 
Other noncurrent assets2,0662,0521,9402,0121,7501,679
Other undisclosed noncurrent assets(1)11  346
Total noncurrent assets:26,58026,75726,26826,51622,64624,077
TOTAL ASSETS:38,38138,43235,01434,02731,82432,805
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,3484,0413,5393,2982,3382,563
Employee-related liabilities✕✕✕✕501351449
Accounts payable3,6783,3653,0722,7971,9872,114
Accrued liabilities670676467   
Debt6741,0253341,7481,048503
Other liabilities2,8352,6802,4882,1662,0271,741
Other undisclosed current liabilities  1(1) 468325
Total current liabilities:7,8577,7476,3607,2125,8815,132
Noncurrent Liabilities
Long-term debt and lease obligation, including:8,4788,2448,3216,8317,0107,819
Finance lease, liability192218233021
Other undisclosed long-term debt and lease obligation8,4598,2228,3036,4716,6547,467
Liabilities, other than long-term debt3,5163,3723,2593,1963,6342,994
Deferred income tax liabilities275402530559277 
Liability, pension and other postretirement and postemployment benefits9059488261,1351,9181,790
Other liabilities1,6671,4891,4441,5021,4391,204
Operating lease, liability669533459337326331
Other undisclosed noncurrent liabilities    337326727
Total noncurrent liabilities:11,99411,61611,58010,36410,97011,540
Other undisclosed liabilities (1) (1)   
Total liabilities:19,85019,36317,93917,57616,85116,672
Equity
Equity, attributable to parent, including:18,48819,03617,03816,41314,93016,082
Additional paid in capital12,73112,63412,51212,44912,32912,200
Deferred compensation equity (1)(1)(1)(1)(2)(2)
Accumulated other comprehensive loss(4,342)(3,906)(3,946)(3,633)(4,195)(4,290)
Retained earnings10,09610,3058,4687,5946,7948,170
Other undisclosed equity, attributable to parent445444
Equity, attributable to noncontrolling interest433338384351
Other undisclosed equity   (1)   
Total equity:18,53119,06917,07516,45114,97316,133
TOTAL LIABILITIES AND EQUITY:38,38138,43235,01434,02731,82432,805

Income Statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Revenues24,87823,19620,75219,62817,85821,390
Cost of revenue(15,375)(14,762)(13,865)(13,293)(12,408)(14,338)
Gross profit:9,5038,4346,8876,3355,4507,052
Operating expenses(4,871)(4,549)(3,868)(3,255)(3,405)(4,532)
Operating income:4,6323,8853,0193,0802,0452,520
Nonoperating income (expense)
(Other Nonoperating Income (Expense))		649336(40)(150)(36)
Interest and debt expense(1)(1)(1)(144)(149)(236)
Other undisclosed income from continuing operations before equity method investments, income taxes      343
Income from continuing operations before equity method investments, income taxes:4,6953,9773,0542,8961,7462,591
Other undisclosed income (loss) from continuing operations before income taxes(129)(150)(143)   
Income from continuing operations before income taxes:4,5663,8272,9112,8961,7462,591
Income tax expense(768)(604)(445)(750)(331)(378)
Income from continuing operations:3,7983,2232,4662,1461,4152,213
Income before gain (loss) on sale of properties:✕✕✕✕2,1461,4152,213
Other undisclosed net loss  (1)   
Net income:3,7983,2232,4652,1461,4152,213
Net loss attributable to noncontrolling interest(4)(5)(4)(2)(5)(2)
Other undisclosed net income attributable to parent   1   
Net income available to common stockholders, diluted:3,7943,2182,4622,1441,4102,211

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Net income:3,7983,2232,4652,1461,4152,213
Other comprehensive income (loss)(436)39(313)56295(145)
Comprehensive income:3,3623,2622,1522,7081,5102,068
Comprehensive loss, net of tax, attributable to noncontrolling interest(4)(5)(4)(2)(5)(2)
Other undisclosed comprehensive income, net of tax, attributable to parent   1   
Comprehensive income, net of tax, attributable to parent:3,3583,2572,1492,7061,5052,066

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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