Eaton (ETN) Interest Coverage Ratio (2012 - 2026)
Eaton's (ETN) Interest Coverage Ratio was 8.03 for Q3 2026, down 60.7% from 20.40 a year earlier but up 15.9% from the prior quarter.
Powered by 
Analysis
Eaton (ETN) Interest Coverage Ratio (2012 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Eaton's Interest Coverage Ratio came in at 9.63, down 59.4% year-over-year; for FY2025, it was 21.61, down 39.3% from FY2024.
- By year, Interest Coverage Ratio came in at 35.63 in FY2024 (+38.5%), 25.73 in FY2023 (+23.7%) and 20.80 in FY2022.
- Five-year quarterly Interest Coverage Ratio spans a low of 6.93 in Q2 2026 and a high of 41.76 in Q3 2024.
- Year over year, Interest Coverage Ratio has now declined in each of the last six quarters, with an average decline of 43.7% over the last eight quarters.
- The high point for year-over-year Interest Coverage Ratio in five years was Q3 2024 (growth of 30.0%); the low point was Q1 2026 (a decline of 69.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 6.93 (Q2 2026), 11.06 (Q1 2026) and 19.80 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 8.21 |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 14.23 |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 8.03 |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 8.19 |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | - |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | - |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 14.18 |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 153.72 |
| 10 | Tenaris | 64.57 Bn | 36.09 Bn | 1.07 Bn | 51.93 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.03 |
| Jun 30, 2026 | 6.93 |
| Mar 31, 2026 | 11.06 |
| Dec 31, 2025 | 19.80 |
| 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 |
| Mar 31, 2013 | 6.20 |
| Mar 31, 2012 | 14.25 |
API Access
Eaton Interest Coverage Ratio 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=interest-coverage-ratio&ticker=ETN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=ETN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();