To the full analysis
Eaton stock: growth
ETNEaton reported $27.45B in revenue for fiscal 2025, up 10.3% on the prior year, up 9% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
4.3%
per year from 2006 to 2025, per share 2.9%
Earnings (Annual rate)
8%
per year from 2006 to 2025, per share 6.5%
Free cash flow (Annual rate)
6.5%
per year from 2006 to 2025, per share 5.1%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 9.0% | 2.8% | 4.3% |
| Revenue per share | 9.8% | 4.7% | 2.9% |
| Earnings | 23.7% | 7.5% | 8.0% |
| Earnings per share | 24.5% | 9.5% | 6.5% |
| Free cash flow | 6.8% | 6.4% | 6.5% |
| Free cash flow per share | 7.6% | 8.4% | 5.1% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $12.37B | $950M | $1.07B |
| 2007 | $13.03B | $994M | $807M |
| 2008 | $15.38B | $1.06B | $968M |
| 2009 | $11.87B | $383M | $1.21B |
| 2010 | $13.72B | $929M | $888M |
| 2011 | $16.05B | $1.35B | $680M |
| 2012 | $16.31B | $1.22B | $1.07B |
| 2013 | $22.05B | $1.86B | $1.67B |
| 2014 | $22.55B | $1.79B | $1.25B |
| 2015 | $20.86B | $1.98B | $1.9B |
| 2016 | $19.75B | $1.92B | $2.07B |
| 2017 | $20.4B | $2.99B | $2.15B |
| 2018 | $21.61B | $2.15B | $2.09B |
| 2019 | $21.39B | $2.21B | $2.86B |
| 2020 | $17.86B | $1.41B | $2.56B |
| 2021 | $19.63B | $2.14B | $1.59B |
| 2022 | $20.75B | $2.46B | $1.94B |
| 2023 | $23.2B | $3.22B | $2.87B |
| 2024 | $24.88B | $3.79B | $3.52B |
| 2025 | $27.45B | $4.09B | $3.55B |
Revenue by segment
How Eaton Corporation plc makes its money and how that has shifted. Names are as the company reports them.
- Electrical Americas48%
- Electrical Global25%
- Aerospace15%
- Vehicle9%
- eMobility2%
- Other< 1%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies.
Figures as a table
| 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|
| Electrical Americas | $7.24B | $8.5B | $10.1B | $11.44B | $13.28B | 48.4% |
| Electrical Global | $5.52B | $5.85B | $6.08B | $6.25B | $6.82B | 24.8% |
| Aerospace | $2.65B | $3.04B | $3.41B | $3.74B | $4.25B | 15.5% |
| Vehicle | $2.58B | $2.83B | $2.97B | $2.79B | $2.51B | 9.1% |
| eMobility | $343M | $538M | $636M | $669M | $618M | 2.3% |
| Other | $1.3B | $0 | $0 | $0 | $0 | 0% |
| Total revenue | $19.63B | $20.75B | $23.2B | $24.88B | $27.45B | 100% |
Revenue by region
Where Eaton Corporation plc generates its revenue.
- United States62%
- Europe19%
- Asia Pacific10%
- Latin America5%
- Canada4%
Figures as a table
| 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|
| United States | $10.87B | $12.35B | $14.07B | $15.15B | $17.12B | 62.4% |
| Europe | $4.28B | $3.96B | $4.34B | $4.53B | $5.08B | 18.5% |
| Asia Pacific | $2.53B | $2.19B | $2.29B | $2.46B | $2.7B | 9.9% |
| Latin America | $1.16B | $1.5B | $1.55B | $1.68B | $1.46B | 5.3% |
| Canada | $797M | $754M | $949M | $1.06B | $1.08B | 3.9% |
| Total revenue | $19.63B | $20.75B | $23.2B | $24.88B | $27.45B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 15 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.