Eaton Corporation, PLC

ETN Industrials Specialty Industrial Machinery

Eaton Corporation, PLC’s revenue for fiscal 2025 (year ended December 2025) was $27.4 billion, up 10.3% from fiscal 2024.

Revenue
+28.0%
EPS
+6.79%
Free cash flow
−11.0%
Total debt
+87.1%

Quarter to September 2026, against a year earlier

342.26 15.24 +4.66%
Market cap
$127.1B
P/E
34.1×
Fwd P/E
32.9×
Dividend yield
0.96%
F-score
7/9
Altman Z
4.95
Beneish M
−2.37
Dividend safety
86/100

Eaton Corporation, PLC (ETN) Free cash flow margin

Alert me on Free cash flow margin

Eaton Corporation, PLC's free cash flow margin over the twelve months to 30 September 2026 was 12.1%, down 1.1 percentage points from fiscal 2025 (13.2%). Over the past ten years it has ranged from 8.31% (fiscal 2021) to 14.5% (fiscal 2024); the current reading is higher than 73% of that period. That is above the Specialty Industrial Machinery industry median of 9.09% and above the Industrials sector median of 1.74%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 13.2% (1.25)
FY2024 14.5% 1.80
FY2023 12.7% 2.58
FY2022 10.1% 1.80
FY2021 8.31% (6.06)
FY2020 14.4% 0.98
FY2019 13.4% 3.70
FY2018 9.69% (0.83)
FY2017 10.5% 0.02
FY2016 10.5% 1.38

Against its own ten years

Low 8.31% High 14.5%
Ten-year median 10.5%
Current reading's percentile 73

Free cash flow margin against peers

Company Free cash flow margin
GEV GE Vernova Inc. compare 39.4%
AME AMETEK, Inc. compare 23.6%
ROK Rockwell Automation, Inc. compare 18.9%
IR Ingersoll Rand Inc. compare 18.9%
EMR Emerson Electric Co. compare 18.6%
PH Parker-Hannifin Corporation compare 17.5%
ITW Illinois Tool Works Inc. compare 17.3%
ETN Eaton Corporation, PLC 12.1%
CMI Cummins Inc. compare 9.66%
Specialty Industrial Machinery industry median 9.09%
Industrials sector median 1.74%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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