Eaton Corporation, plc (ETN)
NYSE: ETN · Misc Industrial & Commercial Machinery & Equipment · Dublin, IE · filing with the SEC since 2012
Grade6.8
◀ Past 7.3● Present 7.1▶ Future 6.0
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
| Report filed | Feb 26, 2026 | Feb 27, 2025 | Feb 29, 2024 | Feb 23, 2023 | Feb 23, 2022 | Feb 24, 2021 | Feb 26, 2020 | Feb 27, 2019 | Feb 28, 2018 | Feb 22, 2017 |
| Revenue | 27,448 | 24,878 | 23,196 | 20,752 | 19,628 | 17,858 | 21,390 | 21,609 | 20,404 | 19,747 |
| For lenders | ||||||||||
| Interest expense on deposits and borrowings | · | 130 | 151 | 144 | · | · | · | · | · | · |
| Net interest income | · | · | -151 | -144 | -144 | -149 | -199r | -258r | -246 | -233 |
| Cost of revenue | 17,131 | 15,375 | 14,762 | 13,865 | 13,293 | 12,408 | 14,338 | 14,511 | 13,756 | 13,396r |
| Research and development | 797 | 794 | 754 | 665 | 616 | 551 | 606 | 584 | 584 | 587r |
| Selling, general and administrative | 4,311 | 4,077 | 3,795 | 3,227 | 3,256 | 3,075 | 3,583 | 3,548 | 3,526r | 3,464r |
| Operating income | · | · | · | · | · | · | 3,675 | 3,630 | 3,214 | 2,958 |
| Interest expense | 241 | 130 | 151 | · | 144 | 149 | 199r | · | · | · |
| Share of profit of equity-method investments | 8 | 12 | 20 | -5 | · | · | 0 | 0 | 0 | 0 |
| Other income (expense), net | -37 | 64 | 93 | 36 | -40 | -150 | -73r | -9r | -1r | 51r |
| Income before income taxes | 4,932 | 4,566 | 3,827 | 2,911 | 2,896 | 1,746 | 2,591 | 2,424 | 3,368 | 2,118r |
| Income tax expense | 841 | 768 | 604 | 445 | 750 | 331 | 378 | 278 | 382 | 199r |
| Net income including non-controlling interests | 4,090 | 3,798 | 3,223 | 2,465 | 2,146 | 1,415 | 2,213 | 2,146 | 2,986 | 1,919r |
| Net income to non-controlling interests | 3 | 4 | 5 | 4 | 2 | 5 | 2 | 1 | 1 | 3 |
| Net income | 4,087 | 3,794 | 3,218 | 2,462 | 2,144 | 1,410 | 2,211 | 2,145 | · | · |
| Net income to common shareholders | · | · | · | · | · | · | 2,211 | 2,145 | 2,985 | 1,916r |
| Earnings per share, basic | 10.48 | 9.54 | 8.06 | 6.17 | 5.38 | 3.51 | 5.28 | 4.93 | 6.71 | 4.21r |
| Earnings per share, diluted | 10.45 | 9.50 | 8.02 | 6.14 | 5.34 | 3.49 | 5.25 | 4.91 | 6.68 | 4.20r |
| Weighted average shares, basic | 389.9 | 397.6 | 399.1 | 398.7 | 398.7 | 402.2 | 419.0 | 434.3 | 444.5 | 455.0 |
| Weighted average shares, diluted | 391.2 | 399.4 | 401.1 | 400.8 | 401.6 | 404.0 | 420.8 | 436.9 | 447.0 | 456.5 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueNetInterest expense on deposits and borrowings what it paid for the money it lends
us-gaap:InterestExpenseOperatingNet interest income interest earned less interest paid
us-gaap:InterestIncomeExpenseNetCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfRevenueResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpenseShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding