Eaton (ETN) Debt Ratio (2011 - 2026)
Eaton's (ETN) quarterly Debt Ratio came in at 0.38 in Q1 2026, up 48.6% year-on-year from 0.26 in Q1 2025, and up 42.88% on a QoQ basis from 0.27 in Q4 2025.
Eaton (ETN) Debt Ratio (2011 - 2026) Analysis & Trends
Eaton (ETN) has 16 years of Debt Ratio data on file, last reported at 0.38 in Q1 2026.
- On a quarterly basis, Debt Ratio rose 48.6% year-over-year to 0.38 in Q1 2026; TTM through Mar 2026 was 0.38, a 48.6% increase from a year earlier, with the FY2025 full-year figure at 0.27, up 21.05% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.38, up from 0.27 in the prior quarter.
- Over the last five years, Debt Ratio for ETN reached as high as 3939.5 in Q1 2022 and fell as low as 0.22 in Q4 2024.
- Historically, Debt Ratio has averaged 270.0 across 5 years, with a median of 0.26 in 2024.
- Across the five-year window, Debt Ratio surged 1253945.96% in 2022 and slumped 99.99% in 2023, its largest moves.
- Year by year, Debt Ratio stood at 0.24 in 2022, then advanced by 12.26% to 0.27 in 2023, then declined by 17.4% to 0.22 in 2024, then gained by 21.05% to 0.27 in 2025, then soared by 42.88% to 0.38 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.38 in Q1 2026, 0.27 in Q4 2025, and 0.24 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 0.03 |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 0.38 |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 0.31 |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 0.20 |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 0.32 |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 0.56 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 0.13 |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 0.33 |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 0.26 |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | 0.11 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.38 |
| Dec 31, 2025 | 0.27 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.27 |
| Mar 31, 2025 | 0.26 |
| Dec 31, 2024 | 0.22 |
| Sep 30, 2024 | 0.26 |
| Jun 30, 2024 | 0.25 |
| Mar 31, 2024 | 0.26 |
| Dec 31, 2023 | 0.27 |
| Sep 30, 2023 | 0.27 |
| Jun 30, 2023 | 0.25 |
| Mar 31, 2023 | 0.25 |
| Dec 31, 2022 | 0.24 |
| Sep 30, 2022 | 0.24 |
| Jun 30, 2022 | 646.60 |
| Mar 31, 2022 | 3,939.50 |
| Dec 31, 2021 | 0.30 |
| Sep 30, 2021 | 0.26 |
| Jun 30, 2021 | 0.24 |