Eaton (ETN) Interest Coverage Ratio (2023 - 2026)

Eaton (ETN) reported Interest Coverage Ratio of 11.06 for Q1 2026, down 69.62% year-over-year from 36.39 in Q1 2025, and down 42.16% quarter-over-quarter from 19.11 in Q4 2025.

Eaton (ETN) Interest Coverage Ratio (2023 - 2026) Analysis & Trends

Eaton (ETN) has 4 years of Interest Coverage Ratio data on file, last reported at 11.06 in Q1 2026.

  • Interest Coverage Ratio for Q1 2026 came in at 11.06, down 69.62% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.35 (down 54.99% YoY), and the FY2025 annual result was 21.41, down 39.9% from the prior year.
  • Interest Coverage Ratio fell to 11.06 in Q1 2026 per ETN's latest filing, from 19.11 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 41.76 in Q3 2024 and troughed at 11.06 in Q1 2026.
  • A 4-year average of 29.29 and a median of 32.12 in 2023 frame the typical range for Interest Coverage Ratio.
  • The sharpest annual moves came in 2024 and 2026: Interest Coverage Ratio surged 30.0% in 2024, then plunged 69.62% in 2026.
  • A 4-year view of Interest Coverage Ratio shows it stood at 39.93 in 2023, then slipped by 26.95% to 29.17 in 2024, then plunged by 34.47% to 19.11 in 2025, then slumped by 42.16% to 11.06 in 2026.
  • Business Quant data shows ETN's Interest Coverage Ratio at 11.06 in Q1 2026, 19.11 in Q4 2025, and 20.4 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn -6.39
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 11.06
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 11.44
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 12.49
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn -
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 13.97
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 24.63
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 12.97
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 10.36
10 Ingersoll Rand 28.28 Bn 27.07 Bn 792.40 Mn 4.54

Historic Data

Download Data
DateValue
Mar 31, 2026 11.06
Dec 31, 2025 19.11
Sep 30, 2025 20.40
Jun 30, 2025 17.69
Mar 31, 2025 36.39
Dec 31, 2024 29.17
Sep 30, 2024 41.76
Jun 30, 2024 41.14
Mar 31, 2024 33.47
Dec 31, 2023 39.93
Sep 30, 2023 32.12