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.

391.25 11.23 −2.79%
Market cap
$156.3B
P/E
39.7×
Fwd P/E
34.3×
Dividend yield
1.11%
F-score
7/9
Altman Z
4.95
Beneish M
−2.37
Dividend safety
86/100

Eaton Corporation, PLC (ETN) Return on invested capital

Alert me on Return on invested capital

Eaton Corporation, PLC's return on invested capital over the twelve months to 30 June 2026 was 8.71%, down 2.7 percentage points from fiscal 2025 (11.4%). Over the past ten years it has ranged from 5.20% (fiscal 2020) to 11.4% (fiscal 2025) — the current reading is the highest in ten years. That is above the Specialty Industrial Machinery industry median of 5.36% and above the Industrials sector median of 2.30%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 11.4% 0.09
FY2024 11.3% 1.87
FY2023 9.44% 1.91
FY2022 7.53% 1.23
FY2021 6.30% 1.10
FY2020 5.20% (2.38)
FY2019 7.58% 0.21
FY2018 7.37% 0.74
FY2017 6.63% 0.25
FY2016 6.38% (0.01)

Against its own ten years

Low 5.20% High 11.4%
Ten-year median 7.37%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
GEV GE Vernova Inc. compare 40.4%
ITW Illinois Tool Works Inc. compare 23.2%
ROK Rockwell Automation, Inc. compare 14.7%
CMI Cummins Inc. compare 14.4%
PH Parker-Hannifin Corporation compare 13.4%
AME AMETEK, Inc. compare 9.95%
EMR Emerson Electric Co. compare 9.33%
ETN Eaton Corporation, PLC 8.71%
IR Ingersoll Rand Inc. compare 6.48%
Specialty Industrial Machinery industry median 5.36%
Industrials sector median 2.30%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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