← Eaton Corp plc

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $19.7b $20.4b $21.6b $21.4b $17.9b $19.6b $20.8b $23.2b $24.9b $27.4b
Cost of Goods and Services Sold $13.4b $13.8b $14.5b $14.3b $12.4b $13.3b $13.9b $14.8b $15.4b $17.1b
Gross Profit (Calculated) ($13.4b) $6.6b $7.1b $7.1b $5.5b $6.3b $6.9b $8.4b $9.5b $10.3b
Operating Income (Loss) $3.0b $3.2b $3.6b $3.7b — — — — — —
Additional Financial Items
Amortization of Intangible Assets $392.0m $383.0m $368.0m $354.0m $342.0m $431.0m $483.0m $432.0m — —
Basic (in shares) $455.0m $444.5m $434.3m $419.0m $402.2m $398.7m $398.7m $399.1m $397.6m $389.9m
Gain (Loss) Related to Litigation Settlement $0 — $275.0m $0 $0 — — — — —
Income (Loss) from Equity Method Investments $0 $0 $0 $0 — — — — $12.0m $8.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $2.1b $3.4b $2.4b $2.6b $1.7b $2.9b $2.9b $3.8b $4.6b $4.9b
Income before income taxes $2.1b $3.4b $2.4b $2.6b $1.7b $2.9b $2.9b $3.8b $4.6b $4.9b
Net Income (Loss) Attributable to Parent $1.9b $3.0b $2.1b $2.2b $1.4b $2.1b $2.5b $3.2b $3.8b $4.1b
Net Income (Loss) Available to Common Stockholders, Basic $1.9b $3.0b $2.1b $2.2b $1.4b $2.1b $2.5b $3.2b $3.8b $4.1b
Less net income for noncontrolling interests ($3.0m) ($1.0m) ($1.0m) ($2.0m) ($5.0m) ($2.0m) ($4.0m) ($5.0m) ($4.0m) ($3.0m)
Net Income (Loss) Attributable to Noncontrolling Interest $3.0m $1.0m $1.0m $2.0m $5.0m $2.0m $4.0m $5.0m $4.0m $3.0m
Common Stock, Dividends, Per Share, Declared $2.28 $2.40 $2.64 $2.84 $2.92 $3.04 $3.24 $3.44 $3.76 $4.16
Earnings Per Share, Basic $4.22 $6.71 $4.93 $5.28 $3.51 $5.38 $6.17 $8.06 $9.54 $10.48
Earnings Per Share, Diluted $4.21 $6.68 $4.91 $5.25 $3.49 $5.34 $6.14 $8.02 $9.50 $10.45
Weighted Average Number of Shares Outstanding, Basic 455.0m 444.5m 434.3m 419.0m 402.2m 398.7m 398.7m 399.1m 397.6m 389.9m
Weighted Average Number of Shares Outstanding, Diluted 456.5m 447.0m 436.9m 420.8m 404.0m 401.6m 400.8m 401.1m 399.4m 391.2m
Cost of products sold $13.4b $13.8b $14.5b $14.3b $12.4b $13.3b $13.9b $14.8b $15.4b $17.1b
Current Income Tax Expense (Benefit) $304.0m $358.0m $417.0m $436.0m $456.0m $780.0m $573.0m $786.0m $922.0m $796.0m
Income tax expense $202.0m $382.0m $278.0m $378.0m $331.0m $750.0m $445.0m $604.0m $768.0m $841.0m
Interest Expense — — — $236.0m $149.0m $144.0m — — — —
Interest Expense (non-operating) — — — — — — — — — $241.0m
Interest Expense Operating — — — — — — — — $130.0m —
Interest expense - net $233.0m $246.0m $271.0m $236.0m $149.0m $144.0m $144.0m $151.0m $130.0m $241.0m
Other Nonoperating Income (Expense) $107.0m $38.0m $4.0m ($36.0m) ($150.0m) ($40.0m) $36.0m $93.0m — ($37.0m)
Other expense (income) - net ($107.0m) ($38.0m) ($4.0m) $36.0m $150.0m $40.0m ($36.0m) ($93.0m) ($64.0m) $37.0m
Research and Development Expense $589.0m $584.0m $584.0m $606.0m $551.0m $616.0m $665.0m $754.0m $794.0m $797.0m
Selling and administrative expense $3.5b $3.6b $3.5b $3.6b $3.1b $3.3b $3.2b $3.8b $4.1b $4.3b
Selling, General and Administrative Expense $3.5b $3.6b $3.5b $3.6b $3.1b $3.3b $3.2b $3.8b $4.1b $4.3b
Income Tax Expense (Benefit) $202.0m $382.0m $278.0m $378.0m $331.0m $750.0m $445.0m $604.0m $768.0m $841.0m
Interest Income (Expense), Net ($233.0m) ($246.0m) ($271.0m) ($236.0m) ($149.0m) ($144.0m) ($144.0m) ($151.0m) — —

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.