Eaton (ETN) Interest Coverage Ratio (2023 - 2026)
Eaton's (ETN) quarterly Interest Coverage Ratio came in at 6.93 in Q2 2026, down 60.85% year-over-year from 17.69 in Q2 2025, and down 37.36% quarter-over-quarter from 11.06 in Q1 2026.
Analysis
Eaton (ETN) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Eaton (ETN) has reported Interest Coverage Ratio for 4 consecutive years, with 6.93 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio fell 60.85% year-over-year to 6.93 in Q2 2026; TTM through Jun 2026 was 11.98, a 57.17% decrease from a year earlier, with the FY2025 full-year figure at 21.61, down 39.34% from the prior year.
- Interest Coverage Ratio was 6.93 for Q2 2026 at Eaton, down from 11.06 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 41.76 in Q3 2024 and troughed at 6.93 in Q2 2026.
- A 4-year average of 27.49 and a median of 30.64 in 2023 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio jumped 30.0% in 2024 and sank 69.62% in 2026, its largest moves.
- Over 4 years, Interest Coverage Ratio stood at 39.93 in 2023, then decreased by 26.95% to 29.17 in 2024, then slumped by 32.11% to 19.8 in 2025, then plunged by 65.02% to 6.93 in 2026.
- The last three Interest Coverage Ratio figures came in at 6.93 (Q2 2026), 11.06 (Q1 2026), and 19.8 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 197.45 Bn | 191.35 Bn | 3.55 Bn | 12.09 |
| 2 | Eaton | 159.08 Bn | 158.38 Bn | 2.86 Bn | 6.93 |
| 3 | Vertiv Holdings | 95.42 Bn | 92.31 Bn | 1.23 Bn | 36.66 |
| 4 | TE Connectivity | 59.47 Bn | 58.23 Bn | 1.84 Bn | 31.65 |
| 5 | nVent Electric | 25.12 Bn | 24.86 Bn | 558.00 Mn | 231.31 |
| 6 | Hubbell | 23.93 Bn | 23.53 Bn | 613.00 Mn | - |
| 7 | Advanced Energy Industries | 10.64 Bn | 9.23 Bn | 236.10 Mn | 28.82 |
| 8 | Aptiv | 9.63 Bn | 8.87 Bn | 775.00 Mn | 5.92 |
| 9 | Valmont Industries | 9.23 Bn | 9.10 Bn | 340.82 Mn | 17.62 |
| 10 | Vicor | 8.17 Bn | 7.72 Bn | 83.12 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |