Eaton Corporation plc | Large-cap | Industrials

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 24.9B
Gross Profit 9.5B 38.20%
Operating Income 4.6B 18.62%
Net Income 3.8B 15.27%
EPS (Diluted) $9.50

Balance Sheet Metrics

Total Assets 38.4B
Total Liabilities 19.8B
Shareholders Equity 18.5B
Debt to Equity 1.07

Cash Flow Metrics

Operating Cash Flow 4.3B
Free Cash Flow 3.5B

Revenue & Profitability Trend

Eaton Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 24.9B 23.2B 20.8B 19.6B 17.9B
Cost of Goods Sold 15.4B 14.8B 13.9B 13.3B 12.4B
Gross Profit 9.5B 8.4B 6.9B 6.3B 5.4B
Operating Expenses 4.9B 4.5B 3.9B 3.9B 3.6B
Operating Income 4.6B 3.9B 3.0B 2.5B 1.8B
Pre-tax Income 4.6B 3.8B 2.9B 2.9B 1.7B
Income Tax 768.0M 604.0M 445.0M 750.0M 331.0M
Net Income 3.8B 3.2B 2.5B 2.1B 1.4B
EPS (Diluted) $9.50 $8.02 $6.14 $5.34 $3.49

Income Statement Trend

Eaton Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 11.8B 11.7B 8.7B 7.5B 9.2B
Non-Current Assets 26.6B 26.8B 26.3B 26.5B 22.6B
Total Assets 38.4B 38.4B 35.0B 34.0B 31.8B
Liabilities
Current Liabilities 7.9B 7.7B 6.4B 7.2B 5.9B
Non-Current Liabilities 12.0B 11.6B 11.6B 10.4B 11.0B
Total Liabilities 19.8B 19.4B 17.9B 17.6B 16.9B
Equity
Total Shareholders Equity 18.5B 19.1B 17.1B 16.5B 15.0B

Balance Sheet Composition

Eaton Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 3.8B 3.2B 2.5B 2.1B 1.4B
Operating Cash Flow 4.3B 3.7B 2.6B 2.7B 3.0B
Investing Activities
Capital Expenditures 85.0M 76.0M 163.0M 44.0M -
Investing Cash Flow -35.0M -49.0M -536.0M -1.5B 1.1B
Financing Activities
Dividends Paid -1.5B -1.4B -1.3B -1.2B -1.2B
Financing Cash Flow -4.0B -949.0M -1.4B -598.0M -3.3B
Free Cash Flow 3.5B 2.9B 1.9B 1.6B 2.6B

Cash Flow Trend

Eaton Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 33.56
Forward P/E 27.63
Price to Book 7.04
Price to Sales 5.15
PEG Ratio 27.63

Profitability Ratios

Profit Margin 15.55%
Operating Margin 18.93%
Return on Equity 20.81%
Return on Assets 7.82%

Financial Health

Current Ratio 1.31
Debt to Equity 58.00
Beta 1.14

Per Share Data

EPS (TTM) $9.92
Book Value per Share $47.29
Revenue per Share $63.97

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
etn 130.3B 33.56 7.04 20.81% 15.55% 58.00
Parker Hannifin 84.9B 25.57 6.34 27.15% 17.14% 69.95
Illinois Tool Works 71.6B 21.50 22.08 107.58% 21.37% 254.87
Emerson Electric 72.8B 37.40 3.78 8.34% 13.60% 77.86
Cummins 43.6B 15.58 3.99 26.19% 8.20% 67.79
Ametek 40.9B 29.01 4.11 14.96% 20.43% 21.76

Financial data is updated regularly. All figures are in the company's reporting currency.