Intelligent power management company providing energy-efficient solutions for electrical, hydraulic, and mechanical power.
Profile & Fundamentals
Eaton Corporation: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Eaton Corporation Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
Eaton Corporation plc operates as a power management company in the United States, Canada, Latin America, Europe, and the Asia Pacific. It operates through Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility segments. The company offers electrical and industrial components, power distribution and assemblies, residential products, single- and three-phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, and power reliability equipment; and hazardous duty electrical equipment, emergency lighting, fire detection, intrinsically safe explosion-proof instrumentation, and structural support systems. It also provides pumps, motors, hydraulic power units, hoses and fittings, and electro-hydraulic pumps; valves, cylinders, electronic controls, electromechanical actuators, sensors, aircraft flap and slat systems, and nose wheel steering systems; hose and thermoplastic tubing products, fittings, adapters, couplings, and sealing and ducting products; air-to-air refueling systems, fuel pumps, fuel inerting products, sensors, and adapters and regulators; oxygen generation systems, payload carriages, and thermal management products; wiring connectors and cables; and hydraulic and bag filters, strainers and cartridges, and golf grips for manufacturers of commercial and military aircraft, related aftermarket customers, and industrial applications. In addition, the company offers transmissions, clutches, hybrid power systems, superchargers, engine valves and valve actuation systems, locking and limited slip differentials, transmission controls, and fuel vapor components for the vehicle industry; and voltage inverters, converters, fuses, circuit protection units, vehicle controls, power distribution systems, fuel tank isolation valves, and commercial vehicle hybrid systems. The company was formerly known as Abeiron Limited. The company was founded in 1911 and is based in Dublin, Ireland.
Company profile record
Eaton Corporation PLC
Common Stock · Industrials · Electrical Components & Equipment
Company
- Company / asset
- Eaton Corporation PLC
- Security type
- Common Stock
- Sector
- Industrials
- Industry
- Electrical Components & Equipment
- HQ
- 🇮🇪 Ireland
- Head office
- Eaton House, Dublin, Ireland, D04 Y0C2
Leadership & scale
- Chief executive
- Mr. Paulo Ruiz Sternadt
- CEO year born
- 1975
- Full-time employees
- 97.3K
- Fiscal year end
- December
- IPO date
- 1972-06-01
Fundamentals snapshot
- Market Cap
- USD 173.4B
- P/E
- 45.3x
- Revenue (Q2 26)
- USD 8.5B
- Profit (Q2 26)
- USD 821.0M
- Dividend Yield
- 0.7%
- Revenue (FY 25)
- USD 27.4B
- Shares in public float
- 387.7M
- Insider ownership
- 0.07%
Reporting & identifiers
- Symbol
- ETN.NYSE
- Listing
- 🇺🇸 United States | Dividend Tax: 30%
- Ticker Currency
- USD
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- IE00B8KQN827
- Asset ID
- equity_d8c098bb-8cd8-5dc4-a9b4-cba2074b110d
Ownership
Shares Outstanding
Latest: 389.5M | Max: 443.3M | Min: 389.5M
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
99.54%
387.7M latest reported shares
Insider Ownership
0.07%
Latest reported insider stake
Short Float
0.02%
Latest reported short interest / float
Top Holders
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 443,300,000 |
| 2018-01-01 | 432,400,000 |
| 2019-01-01 | 415,800,000 |
| 2020-01-01 | 401,300,000 |
| 2021-01-01 | 402,100,000 |
| 2022-01-01 | 400,300,000 |
| 2023-01-01 | 401,800,000 |
| 2024-01-01 | 396,000,000 |
| 2025-01-01 | 389,500,000 |
| 2026-01-01 | 389,500,000 |
Top Holders
Available reported ownership records.
Scroll the table to see every column.
| Holder | Shares | Ownership | Reported date |
|---|---|---|---|
| BlackRock Inc | 30,544,170 | 7.86% | 2026-03-31 |
| Vanguard Capital Management, LLC | 25,246,116 | 6.5% | 2026-03-31 |
| JPMorgan Chase & Co | 19,300,911 | 4.97% | 2026-03-31 |
| State Street Corp | 16,976,823 | 4.37% | 2026-03-31 |
| Morgan Stanley - Brokerage Accounts | 13,111,623 | 3.38% | 2026-03-31 |
| Vanguard MStar Total Stk Mkt Idx Invest | 12,341,084 | 3.18% | 2026-08-31 |
| Bank of America Corp | 12,083,030 | 3.11% | 2026-03-31 |
| Vanguard 500 Index Investor | 10,314,512 | 2.66% | 2026-08-31 |
| Vanguard Portfolio Management, LLC | 9,185,593 | 2.37% | 2026-03-31 |
| Geode Capital Management, LLC | 8,852,541 | 2.28% | 2026-03-31 |
| FMR Inc | 8,442,254 | 2.17% | 2026-03-31 |
| Wellington Management Company LLP | 6,827,266 | 1.76% | 2026-06-30 |
| CI Private Wealth LLC | 6,332,872 | 1.63% | 2026-06-30 |
| The Goldman Sachs Group Inc | 5,353,533 | 1.38% | 2026-03-31 |
| iShares Core S&P 500 ETF | 5,170,958 | 1.33% | 2026-08-31 |
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
Eaton's recent financial results tell two contrasting stories. On the top line, business is surging, with trailing twelve-month revenue reaching 30.0 billion dollars behind 21 percent sales growth in the second quarter of 2026. However, reported statutory net income fell 16 percent to 821 million dollars due to integration charges, higher borrowing costs, and elevated depreciation following large acquisitions. This gap between rapid sales and lower headline profit is largely an accounting effect rather than operational weakness. Cash generation remains solid, with full-year free cash flow projected around four billion dollars. As acquisition integration winds down, underlying profit compounding should become much clearer to retail investors.
Eaton's recent financial results tell two contrasting stories. On the top line, business is surging, with trailing twelve-month revenue reaching 30.0 billion dollars behind 21 percent sales growth in the second quarter of 2026. However, reported statutory net income fell 16 percent to 821 million dollars due to integration charges, higher borrowing costs, and elevated depreciation following large acquisitions. This gap between rapid sales and lower headline profit is largely an accounting effect rather than operational weakness. Cash generation remains solid, with full-year free cash flow projected around four billion dollars. As acquisition integration winds down, underlying profit compounding should become much clearer to retail investors.
Revenue, Net Income, and Free Cash Flow
Latest: USD 27.4B | Max: USD 27.4B | Min: USD 1.4B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 30x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Profit margins have experienced short-term turbulence despite strong long-term progress. Operating margins in the core Electrical Americas division remain healthy around 27.5 percent, but consolidated net profit margins compressed recently due to factory startup expenses, deal amortization, and sharp price spikes in raw copper. This margin compression appears cyclical and temporary rather than a permanent loss of competitive advantage. Because electrical equipment contracts have built-in price escalators that take several months to catch up with metal costs, profit margins are expected to rebound toward long-term targets as factory efficiency normalizes.
Profit margins have experienced short-term turbulence despite strong long-term progress. Operating margins in the core Electrical Americas division remain healthy around 27.5 percent, but consolidated net profit margins compressed recently due to factory startup expenses, deal amortization, and sharp price spikes in raw copper. This margin compression appears cyclical and temporary rather than a permanent loss of competitive advantage. Because electrical equipment contracts have built-in price escalators that take several months to catch up with metal costs, profit margins are expected to rebound toward long-term targets as factory efficiency normalizes.
Profitability Margins
Latest: 37.6% | Max: 100.0% | Min: 7.9%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
37.6%
Gross profit / revenue
Operating Margin
19.1%
Operating income / revenue
Net Margin
14.9%
Net income / revenue
FCF Margin
12.9%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2016-12-31 | 19,747,000,000 | 1,922,000,000 | 2,073,000,000 |
| 2017-12-31 | 20,404,000,000 | 2,985,000,000 | 2,146,000,000 |
| 2018-12-31 | 21,609,000,000 | 2,145,000,000 | 2,093,000,000 |
| 2019-12-31 | 21,390,000,000 | 2,211,000,000 | 2,864,000,000 |
| 2020-12-31 | 17,858,000,000 | 1,410,000,000 | 2,555,000,000 |
| 2021-12-31 | 19,628,000,000 | 2,144,000,000 | 1,588,000,000 |
| 2022-12-31 | 20,752,000,000 | 2,462,000,000 | 1,935,000,000 |
| 2023-12-31 | 23,196,000,000 | 3,218,000,000 | 2,867,000,000 |
| 2024-12-31 | 24,878,000,000 | 3,794,000,000 | 3,519,000,000 |
| 2025-12-31 | 27,448,000,000 | 4,089,000,000 | 3,553,000,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
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| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-12-31 | 30.34 | Trailing four quarters |
| 2024-12-31 | 34.64 | Trailing four quarters |
| 2023-12-31 | 30.07 | Trailing four quarters |
| 2022-12-31 | 25.52 | Annual net income |
| 2021-12-31 | 32.41 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2016-12-31 | 32.14 | 12.49 | 9.73 | 10.5 |
| 2017-12-31 | 32.67 | 13.11 | 14.63 | 10.52 |
| 2018-12-31 | 32.92 | 13.8 | 9.93 | 9.69 |
| 2019-12-31 | 32.97 | 14.31 | 10.34 | 13.39 |
| 2020-12-31 | 30.49 | 13 | 7.9 | 14.31 |
| 2021-12-31 | 32.17 | 14.62 | 10.92 | 8.09 |
| 2022-12-31 | 33.28 | 15.62 | 11.86 | 9.32 |
| 2023-12-31 | 100 | 16.48 | 13.87 | 12.36 |
| 2024-12-31 | 38.18 | 19.56 | 15.25 | 14.15 |
| 2025-12-31 | 37.59 | 19.05 | 14.9 | 12.94 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-29.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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