Eaton (ETN) Debt Ratio (2011 - 2026)
Eaton's (ETN) quarterly Debt Ratio came in at 0.4 in Q2 2026, up 34.94% year-over-year from 0.3 in Q2 2025, and down 5.84% quarter-over-quarter from 0.43 in Q1 2026.
Analysis
Eaton (ETN) Debt Ratio (2011 - 2026) Analysis & Trends
Eaton (ETN) has reported Debt Ratio for 16 consecutive years, with 0.4 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Debt Ratio rose 34.94% year-over-year to 0.4 in Q2 2026; TTM through Jun 2026 was 0.4, a 34.94% increase from a year earlier, with the FY2025 full-year figure at 0.27, up 4.45% from the prior year.
- Debt Ratio was 0.4 for Q2 2026 at Eaton, down from 0.43 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.43 in Q1 2026 and troughed at 0.25 in Q1 2023.
- A 5-year average of 0.29 and a median of 0.28 in 2023 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio retreated 22.31% in 2023 and surged 43.24% in 2026, its largest moves.
- Over 5 years, Debt Ratio stood at 0.26 in 2022, then advanced by 4.37% to 0.27 in 2023, then retreated by 4.35% to 0.26 in 2024, then gained by 4.45% to 0.27 in 2025, then soared by 51.11% to 0.4 in 2026.
- The last three Debt Ratio figures came in at 0.4 (Q2 2026), 0.43 (Q1 2026), and 0.27 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 197.45 Bn | 191.35 Bn | 3.55 Bn | 0.42 |
| 2 | Eaton | 159.08 Bn | 158.38 Bn | 2.86 Bn | 0.40 |
| 3 | Vertiv Holdings | 95.42 Bn | 92.31 Bn | 1.23 Bn | 0.18 |
| 4 | TE Connectivity | 59.47 Bn | 58.23 Bn | 1.84 Bn | 0.22 |
| 5 | nVent Electric | 25.12 Bn | 24.86 Bn | 558.00 Mn | 0.21 |
| 6 | Hubbell | 23.93 Bn | 23.53 Bn | 613.00 Mn | 0.45 |
| 7 | Advanced Energy Industries | 10.64 Bn | 9.23 Bn | 236.10 Mn | 0.37 |
| 8 | Aptiv | 9.63 Bn | 8.87 Bn | 775.00 Mn | 0.30 |
| 9 | Valmont Industries | 9.23 Bn | 9.10 Bn | 340.82 Mn | 0.21 |
| 10 | Vicor | 8.17 Bn | 7.72 Bn | 83.12 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.40 |
| Mar 31, 2026 | 0.43 |
| Dec 31, 2025 | 0.27 |
| Sep 30, 2025 | 0.29 |
| Jun 30, 2025 | 0.30 |
| Mar 31, 2025 | 0.30 |
| Dec 31, 2024 | 0.26 |
| Sep 30, 2024 | 0.26 |
| Jun 30, 2024 | 0.28 |
| Mar 31, 2024 | 0.26 |
| Dec 31, 2023 | 0.27 |
| Sep 30, 2023 | 0.27 |
| Jun 30, 2023 | 0.26 |
| Mar 31, 2023 | 0.25 |
| Dec 31, 2022 | 0.26 |
| Sep 30, 2022 | 0.29 |
| Jun 30, 2022 | 0.33 |
| Mar 31, 2022 | 0.32 |
| Dec 31, 2021 | 0.30 |
| Sep 30, 2021 | 0.28 |