Eaton (ETN) Depreciation and Depletion (2024 - 2026)
Eaton's Depreciation and Depletion was $134 million in Q2 2026, up 10.7% from $121 million a year earlier and up 9.8% from the prior quarter.
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Analysis
Eaton (ETN) Depreciation and Depletion (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, Eaton's Depreciation and Depletion was $498 million through Jun 30, 2026, up 7.1% year-over-year; for FY2025, it was $477 million, up 7.0% from FY2024.
- Depreciation and Depletion has now increased for three consecutive years, with a five-year compound annual growth rate of 3.2% (FY2020 to FY2025).
- In earlier years, Depreciation and Depletion was $446 million in FY2024 (+4.0%), $429 million in FY2023 (+5.1%), $408 million in FY2022 (-4.2%) and $426 million in FY2021 (+4.4%).
- The Q2 2026 figure marks the highest quarterly Depreciation and Depletion in data going back to Q1 2024.
- Compared with a year earlier, Depreciation and Depletion has increased for six straight quarters, with growth averaging 7.8% over the last six quarters.
- Per Business Quant data, ETN's Depreciation and Depletion in the three quarters before Q2 2026 was $122 million (Q1 2026), $125 million (Q4 2025) and $117 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | - |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | - |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | - |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 134.00 Mn |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 89.00 Mn |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 39.40 Mn |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 96.00 Mn |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 82.00 Mn |
| 10 | Cummins | 72.76 Bn | 69.90 Bn | 2.47 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 134.00 Mn |
| Mar 31, 2026 | 122.00 Mn |
| Dec 31, 2025 | 125.00 Mn |
| Sep 30, 2025 | 117.00 Mn |
| Jun 30, 2025 | 121.00 Mn |
| Mar 31, 2025 | 115.00 Mn |
| Dec 31, 2024 | 116.00 Mn |
| Sep 30, 2024 | 113.00 Mn |
| Jun 30, 2024 | 109.00 Mn |
| Mar 31, 2024 | 107.00 Mn |
API Access
Eaton Depreciation and Depletion 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=depreciation-and-depletion&ticker=ETN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=ETN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();