Also trades as: 0Y3K.L (LSE) · $vol 1M

$384.20

+12.28 (+3.30%)

Weekly Expected Move ±5.2%

$328 $347 $366 $385 $404

NYSE · Industrials · Electrical Equipment & Parts · Tech Score Sell · Power 44 · $149.2B mcap · 388M float · 0.578% daily turnover · Short 41% of daily vol

Credit Risk of going bust: lower than 66% of companies Debt: 12.5% of company value Bonds: $584.4M held by 348 funds, 51 bp over Treasuries → details ▾

If the stock fell to about $4.91 (down 99%), Eaton Corporation plc would be worth roughly what it owes.
Total debt $21.33B against a stock market value of $149.22B.
Distance to default 6.97 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $11.36B (short-term plus half of long-term), stock volatility 40.3%; Altman Z'' 2.23. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Overview Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest Supply Chain

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$27.4B +10.3% ▲

5Y CAGR: +9.0%

Gross Profit

$10.3B +8.6% ▲

5Y CAGR: +13.6%

Operating Income

$5.2B +7.5% ▲

5Y CAGR: +17.6%

Net Income

$4.1B +7.8% ▲

5Y CAGR: +23.7%

EPS (Diluted)

$10.46 +10.1% ▲

5Y CAGR: +24.5%

EBITDA

$5.9B +5.6% ▲

5Y CAGR: +16.4%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$19.6B	$20.8B	$23.2B	$24.9B	$27.4B
YoY Growth	+9.9%	+5.7%	+11.8%	+7.3%	+10.3%
Cost of Revenue	$13.3B	$13.8B	$14.8B	$15.4B	$17.1B
Gross Profit	$6.3B	$6.9B	$8.4B	$9.5B	$10.3B
Gross Margin	32.2%	33.3%	36.4%	38.2%	37.6%
R&D Expenses	$616M	$665M	$754M	$794M	$796M
SG&A Expenses	$2.8B	$3.0B	$3.7B	$3.8B	$4.3B
Operating Expenses	$3.4B	$3.7B	$4.4B	$4.6B	$5.1B
Operating Income	$2.9B	$3.2B	$4.0B	$4.9B	$5.2B
Operating Margin	14.6%	15.6%	17.2%	19.6%	19.1%
Interest Expense	$144M	$88M	$208M	$144M	$264M
Income Before Tax	$2.9B	$2.9B	$3.8B	$4.6B	$4.9B
Tax Expense	$750M	$445M	$604M	$768M	$840M
Net Income	$2.1B	$2.5B	$3.2B	$3.8B	$4.1B
Net Margin	10.9%	11.9%	13.9%	15.3%	14.9%
EPS (Diluted)	$5.34	$6.14	$8.02	$9.50	$10.46
EBITDA	$4.0B	$4.0B	$5.0B	$5.6B	$5.9B
Shares Outstanding	402M	401M	401M	399M	390M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$6.3B	$6.2B	$6.4B	$7.0B	$7.0B	$7.1B	$7.5B	$8.5B
Cost of Revenue	$3.9B	$3.8B	$3.9B	$4.4B	$4.3B	$4.5B	$4.8B	$5.7B
Gross Profit	$2.4B	$2.4B	$2.4B	$2.6B	$2.7B	$2.6B	$2.7B	$2.9B
Gross Margin	38.5%	38.9%	38.4%	37.0%	38.3%	36.8%	35.6%	33.5%
R&D Expenses	$207M	$201M	$198M	$192M	$203M	$203M	$211M	$227M
SG&A Expenses	$978M	$920M	$1.0B	$1.1B	$1.1B	$1.0B	$1.3B	$1.2B
Operating Expenses	$1.2B	$1.1B	$1.2B	$1.3B	$1.3B	$1.2B	$1.5B	$1.5B
Operating Income	$1.3B	$1.3B	$1.2B	$1.3B	$1.4B	$1.4B	$1.2B	$1.4B
Operating Margin	19.8%	20.9%	19.3%	17.9%	19.6%	19.5%	15.7%	16.3%
Interest Expense	$33M	$46M	$56M	$71M	$67M	$70M	$106M	$201M
Income Before Tax	$1.2B	$1.2B	$1.2B	$1.2B	$1.3B	$1.3B	$1.1B	$1.1B
Tax Expense	$193M	$195M	$212M	$203M	$264M	$170M	$240M	$321M
Net Income	$1.0B	$971M	$964M	$982M	$1.0B	$1.1B	$866M	$821M
Net Margin	15.9%	15.6%	15.1%	14.0%	14.5%	16.1%	11.6%	9.6%
EPS (Diluted)	$2.53	$2.45	$2.45	$2.51	$2.59	$2.91	$2.22	$2.11
EBITDA	$1.5B	$1.4B	$1.5B	$1.5B	$1.6B	$1.6B	$1.5B	$1.7B
Shares Outstanding	399M	396M	394M	392M	390M	390M	389M	390M

ETN NYSE