Eaton (ETN) Capital Expenditures (2012 - 2026)
Eaton (ETN) reported Capital Expenditures of $253 million for Q2 2026, up 25.2% from $202 million a year earlier and up 31.1% from the prior quarter.
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Analysis
Eaton (ETN) Capital Expenditures (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Eaton's Capital Expenditures came in at $1.02 billion, up 29.1% year-over-year; for FY2025, it came in at $919 million, up 13.7% from FY2024.
- Capital Expenditures has increased for five consecutive years, with a five-year compound annual growth rate of 18.8% (FY2020 to FY2025).
- By year, Capital Expenditures came in at $808 million in FY2024 (+6.7%), $757 million in FY2023 (+26.6%), $598 million in FY2022 (+4.0%) and $575 million in FY2021 (+47.8%).
- Five-year quarterly Capital Expenditures spans a low of $115 million in Q1 2022 and a high of $392 million in Q4 2025.
- Year over year, Capital Expenditures has now increased in each of the last three quarters, with growth averaging 10.1% over the last eight quarters.
- The high point for year-over-year Capital Expenditures in five years was Q3 2023 (growth of 68.9%); the low point was Q3 2024 (a decline of 19.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $193 million (Q1 2026), $392 million (Q4 2025) and $178 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 587.00 Mn |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 355.50 Mn |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 638.00 Mn |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 253.00 Mn |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 173.00 Mn |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 173.30 Mn |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 102.00 Mn |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 223.00 Mn |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 92.00 Mn |
| 10 | Cummins | 72.76 Bn | 69.90 Bn | 2.47 Bn | 249.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 253.00 Mn |
| Mar 31, 2026 | 193.00 Mn |
| Dec 31, 2025 | 392.00 Mn |
| Sep 30, 2025 | 178.00 Mn |
| Jun 30, 2025 | 202.00 Mn |
| Mar 31, 2025 | 147.00 Mn |
| Dec 31, 2024 | 255.00 Mn |
| Sep 30, 2024 | 183.00 Mn |
| Jun 30, 2024 | 187.00 Mn |
| Mar 31, 2024 | 183.00 Mn |
| Dec 31, 2023 | 243.00 Mn |
| Sep 30, 2023 | 228.00 Mn |
| Jun 30, 2023 | 160.00 Mn |
| Mar 31, 2023 | 126.00 Mn |
| Dec 31, 2022 | 209.00 Mn |
| Sep 30, 2022 | 135.00 Mn |
| Jun 30, 2022 | 139.00 Mn |
| Mar 31, 2022 | 115.00 Mn |
| Dec 31, 2021 | 163.00 Mn |
| Sep 30, 2021 | 140.00 Mn |
API Access
Eaton Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=ETN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "ETN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=ETN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();