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. In the quarter to June 2026, revenue grew 21.4%, EPS fell 16.3%, free cash flow grew 21.5% and total debt rose 87.4%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for three; insiders bought in the last twelve months.
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Eaton Corporation, PLC (ETN) Free cash flow margin
Eaton Corporation, PLC's free cash flow margin over the twelve months to 30 June 2026 was 13.3%, up 0.1 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 9.51% and above the Industrials sector median of 2.43%.
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
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| GEV GE Vernova Inc. compare | 30.6% |
| AME AMETEK, Inc. compare | 23.2% |
| EMR Emerson Electric Co. compare | 18.6% |
| PH Parker-Hannifin Corporation compare | 18.4% |
| ITW Illinois Tool Works Inc. compare | 17.8% |
| ROK Rockwell Automation, Inc. compare | 16.8% |
| IR Ingersoll Rand Inc. compare | 15.4% |
| ETN Eaton Corporation, PLC | 13.3% |
| CMI Cummins Inc. compare | 9.70% |
| Specialty Industrial Machinery industry median | 9.51% |
| Industrials sector median | 2.43% |
| 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
More on ETN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement