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
DateValue
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