Eaton Balance Sheet Health
Financial Health criteria checks 5/6
Eaton has a total shareholder equity of $18.5B and total debt of $10.1B, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are $39.2B and $20.7B respectively. Eaton's EBIT is $4.9B making its interest coverage ratio 37.4. It has cash and short-term investments of $1.9B.
Key information
54.40%
Debt to equity ratio
US$10.09b
Debt
| Interest coverage ratio | 37.4x |
| Cash | US$1.94b |
| Equity | US$18.55b |
| Total liabilities | US$20.66b |
| Total assets | US$39.21b |
Recent financial health updates
Eaton (NYSE:ETN) Has A Pretty Healthy Balance Sheet
Feb 23
Is Eaton (NYSE:ETN) Using Too Much Debt?
Oct 30Is Eaton (NYSE:ETN) A Risky Investment?
Jun 27Recent updates
Eaton: A Solid Q1, But Signs Growth Will Decelerate Cap Upside
May 02Eaton Corporation: Powering Future Innovation
Apr 23Eaton Corporation plc's (NYSE:ETN) Popularity With Investors Is Clear
Apr 07If EPS Growth Is Important To You, Eaton (NYSE:ETN) Presents An Opportunity
Mar 18Eaton: A Nice Deal, But Waiting To See Appeal
Mar 12Eaton's (NYSE:ETN) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 03Eaton (NYSE:ETN) Has A Pretty Healthy Balance Sheet
Feb 23Eaton: Still Pricey After DeepSeek Dive
Feb 01What Is Eaton Corporation plc's (NYSE:ETN) Share Price Doing?
Jan 20Eaton: Recent Correction Is A Buying Opportunity
Dec 31Eaton (NYSE:ETN) Shareholders Will Want The ROCE Trajectory To Continue
Dec 24If EPS Growth Is Important To You, Eaton (NYSE:ETN) Presents An Opportunity
Dec 12Getting In Cheap On Eaton Corporation plc (NYSE:ETN) Might Be Difficult
Nov 30Is Eaton (NYSE:ETN) Using Too Much Debt?
Oct 30What Does Eaton Corporation plc's (NYSE:ETN) Share Price Indicate?
Oct 18Investors Will Want Eaton's (NYSE:ETN) Growth In ROCE To Persist
Sep 16With EPS Growth And More, Eaton (NYSE:ETN) Makes An Interesting Case
Sep 04Eaton Firmly Hitched To Several Top-Tier Multiyear Growth Drivers (Rating Downgrade)
Aug 29Eaton Corporation plc (NYSE:ETN) Not Flying Under The Radar
Aug 23Eaton Q2: Give The Knife More Time To Settle (Technical Analysis)
Aug 02Eaton: AI/Electrification Catalysts Persists - Buy The Dip
Jul 26Is There Now An Opportunity In Eaton Corporation plc (NYSE:ETN)?
Jul 11Is Eaton (NYSE:ETN) A Risky Investment?
Jun 27Eaton: Positive Outlook But Highly Overvalued
Jun 20Eaton: Positives Already Priced In
Jun 13The Returns At Eaton (NYSE:ETN) Aren't Growing
Jun 03Why We're Not Concerned About Eaton Corporation plc's (NYSE:ETN) Share Price
May 22Eaton: Data Center Demand Driving Shares Higher, Big EPS Growth Expected
May 11Eaton Keeps Finding More Ways To Grow
May 01
Strategic Investments and Restructuring Propel Revenue Growth and Margin Enhancement
Eaton's strategic investments and restructuring program aim to boost revenue through market-driven opportunities and enhanced efficiency, respectively.Eaton's Growth Is Reflected In Its High Valuation (Rating Downgrade)
Mar 06Financial Position Analysis
Short Term Liabilities: ETN's short term assets ($12.4B) exceed its short term liabilities ($9.5B).
Long Term Liabilities: ETN's short term assets ($12.4B) exceed its long term liabilities ($11.1B).
Debt to Equity History and Analysis
Debt Level: ETN's net debt to equity ratio (43.9%) is considered high.
Reducing Debt: ETN's debt to equity ratio has reduced from 60.3% to 54.4% over the past 5 years.
Debt Coverage: ETN's debt is well covered by operating cash flow (40.5%).
Interest Coverage: ETN's interest payments on its debt are well covered by EBIT (37.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/19 16:48 |
| End of Day Share Price | 2025/05/16 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Eaton Corporation plc is covered by 56 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| Richard Radbourne | Atlantic Equities LLP |
| Mircea Dobre | Baird |