---
title: "Eaton Corporation: Metrics Guide"
description: "Eaton Corporation revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained."
canonical: https://www.getswoopr.com/stocks/companies/eaton-corporation/metrics/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Eaton Corporation: Financial & Operating Metrics Guide

## Direct Answer

Eaton Corporation reported revenue of $27.4 billion for the fiscal year ended December 31, 2025, net income of $4.1 billion, according to its SEC filings. Revenue grew 10.3% from the prior year.

## What Are Eaton Corporation's Key Financial Figures?

| Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 |
| --- | --- | --- | --- | --- |
| Revenue | $27.4 billion | $24.9 billion | $23.2 billion | $20.8 billion |
| Operating income | Not reported | Not reported | Not reported | Not reported |
| Operating margin | n/a | n/a | n/a | n/a |
| Net income | $4.1 billion | $3.8 billion | $3.2 billion | $2.5 billion |
| Net margin | 14.9% | 15.3% | 13.9% | 11.9% |
| Operating cash flow | $4.5 billion | $4.3 billion | $3.6 billion | $2.5 billion |
| Capital expenditures | $919 million | $808 million | $757 million | $598 million |
| Free cash flow | $3.6 billion | $3.5 billion | $2.9 billion | $1.9 billion |

Free cash flow (operating cash flow minus capital expenditures) was $3.6 billion against net income of $4.1 billion; cash generation fell short of reported earnings, which is worth reconciling in the cash flow statement.

![Bar chart of Eaton Corporation revenue, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $27.4 billion and net income $4.1 billion.](https://www.getswoopr.com/images/charts/eaton-corporation-metrics-revenue-profit.webp)
*Eaton Corporation revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.*

![Line chart of Eaton Corporation net margin for fiscal 2022 to 2025. In fiscal 2025, net margin was 14.9%.](https://www.getswoopr.com/images/charts/eaton-corporation-metrics-margins.webp)
*Eaton Corporation operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.*

![Bar chart of Eaton Corporation operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $4.5 billion, capital expenditures was $919 million, free cash flow was $3.6 billion.](https://www.getswoopr.com/images/charts/eaton-corporation-metrics-cash-flow.webp)
*Eaton Corporation operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.*

## What Does Eaton Corporation's Balance Sheet Show?

| Cash and cash equivalents | $622 million |
| --- | --- |
| Long-term debt | $9.9 billion |
| Total assets | $41.3 billion |
| Total liabilities | Not reported |
| Shareholders' equity | $19.4 billion |
| Current ratio | 1.3x |

Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.

## Where These Numbers Come From

Every figure on this page is a value Eaton Corporation reported in its own SEC filings, read from the SEC's XBRL data (accession 0001551182-26-000007 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What was Eaton Corporation's revenue in fiscal 2025?

Eaton Corporation reported revenue of $27.4 billion for the fiscal year ended December 31, 2025, according to its SEC filings.

### What is Eaton Corporation's operating margin?

Eaton Corporation did not report operating income under the standard tag for fiscal 2025, so Swoopr does not compute an operating margin; the income statement in its 10-K shows how it presents profit.

### How much free cash flow did Eaton Corporation generate?

Operating cash flow of $4.5 billion less capital expenditures of $919 million gives free cash flow of $3.6 billion for fiscal 2025.

## References

- [SEC EDGAR: Eaton Corp plc Form 10-K filed February 26, 2026](https://www.sec.gov/Archives/edgar/data/1551182/000155118226000007/etn-20251231.htm)
- [SEC EDGAR: Eaton Corp plc annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1551182&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [Eaton Corporation company dossier](https://www.getswoopr.com/stocks/companies/eaton-corporation/)
- [Eaton Corporation financial metrics](https://www.getswoopr.com/stocks/companies/eaton-corporation/metrics/)
- [Eaton Corporation financial risk indicators](https://www.getswoopr.com/stocks/companies/eaton-corporation/risks/)
- [Eaton Corporation peer comparison](https://www.getswoopr.com/stocks/companies/eaton-corporation/competitors/)
- [Eaton Corporation business model and revenue mix](https://www.getswoopr.com/stocks/companies/eaton-corporation/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).
