Eaton Balance Sheet Health
Financial Health criteria checks 5/6
Eaton has a total shareholder equity of $18.5B and total debt of $9.2B, which brings its debt-to-equity ratio to 49.4%. Its total assets and total liabilities are $38.4B and $19.9B respectively. Eaton's EBIT is $4.6B making its interest coverage ratio 35.6. It has cash and short-term investments of $2.1B.
Key information
49.4%
Debt to equity ratio
US$9.15b
Debt
| Interest coverage ratio | 35.6x |
| Cash | US$2.08b |
| Equity | US$18.53b |
| Total liabilities | US$19.85b |
| Total assets | US$38.38b |
Recent financial health updates
Is Eaton (NYSE:ETN) Using Too Much Debt?
Oct 30
Is Eaton (NYSE:ETN) A Risky Investment?
Jun 27Eaton (NYSE:ETN) Seems To Use Debt Rather Sparingly
Mar 17Recent updates
Eaton: 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 11Do Eaton's (NYSE:ETN) Earnings Warrant Your Attention?
May 04Eaton Keeps Finding More Ways To Grow
May 01Is Eaton Corporation plc (NYSE:ETN) Potentially Undervalued?
Apr 10Eaton (NYSE:ETN) Seems To Use Debt Rather Sparingly
Mar 17Eaton's Growth Is Reflected In Its High Valuation (Rating Downgrade)
Mar 06Slowing Rates Of Return At Eaton (NYSE:ETN) Leave Little Room For Excitement
Feb 17Eaton Corporation: A Good Company With A Limited Upside Potential
Feb 09Eaton: Bullish On This Electrical Equipment Superpower
Jan 19Eaton: Where Investors Go To Bet On Megatrends
Dec 14Eaton Corporation: Navigating A Complex Business Environment With Robust Results
Nov 26Eaton Delivers A Spectacular Q3 With Strong Secular Growth
Oct 31Financial Position Analysis
Short Term Liabilities: ETN's short term assets ($11.8B) exceed its short term liabilities ($7.9B).
Long Term Liabilities: ETN's short term assets ($11.8B) do not cover its long term liabilities ($12.0B).
Debt to Equity History and Analysis
Debt Level: ETN's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: ETN's debt to equity ratio has reduced from 51.7% to 49.4% over the past 5 years.
Debt Coverage: ETN's debt is well covered by operating cash flow (44%).
Interest Coverage: ETN's interest payments on its debt are well covered by EBIT (35.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 05:06 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/12/31 |
| 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 52 analysts. 24 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 |