Eaton Balance Sheet Health
Financial Health criteria checks 4/6
Eaton has a total shareholder equity of $19.5B and total debt of $9.9B, which brings its debt-to-equity ratio to 50.7%. Its total assets and total liabilities are $41.3B and $21.8B respectively. Eaton's EBIT is $5.3B making its interest coverage ratio 20.7. It has cash and short-term investments of $803.0M.
Key information
50.70%
Debt to equity ratio
US$9.87b
Debt
| Interest coverage ratio | 20.7x |
| Cash | US$803.00m |
| Equity | US$19.47b |
| Total liabilities | US$21.78b |
| Total assets | US$41.25b |
Recent financial health updates
Recent updates
Earnings Update: Eaton Corporation plc (NYSE:ETN) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts
Feb 06
Eaton's Conservative Outlook Limits Upside
Feb 03The Price Is Right For Eaton Corporation plc (NYSE:ETN)
Jul 14
Eaton (NYSE:ETN) Has A Pretty Healthy Balance Sheet
Jun 20Returns At Eaton (NYSE:ETN) Are On The Way Up
May 26Eaton 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: Still Pricey After DeepSeek Dive
Feb 01Eaton: Recent Correction Is A Buying Opportunity
Dec 31Financial Position Analysis
Short Term Liabilities: ETN's short term assets ($12.4B) exceed its short term liabilities ($9.4B).
Long Term Liabilities: ETN's short term assets ($12.4B) do not cover its long term liabilities ($12.4B).
Debt to Equity History and Analysis
Debt Level: ETN's net debt to equity ratio (46.6%) is considered high.
Reducing Debt: ETN's debt to equity ratio has reduced from 54.3% to 50.7% over the past 5 years.
Debt Coverage: ETN's debt is well covered by operating cash flow (45.3%).
Interest Coverage: ETN's interest payments on its debt are well covered by EBIT (20.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/03/08 22:44 |
| End of Day Share Price | 2026/03/06 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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 51 analysts. 26 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 |
| Mircea Dobre | Baird |
| Andrew Kaplowitz | Barclays |