Eaton (ETN) Interest Expenses (2023 - 2026)
Eaton (ETN) recorded Interest Expenses of $201 million in Q2 2026, up 183.1% from $71 million a year earlier and up 89.6% from the prior quarter.
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Analysis
Eaton (ETN) Interest Expenses (2023 - 2026) Analysis & Trends
On a TTM basis, Eaton's Interest Expenses came in at $444 million as of Jun 30, 2026, up 153.7% year-over-year; for FY2025, it was $241 million, up 85.4% from FY2024.
- Annual Interest Expenses has a three-year compound annual growth rate of 18.7% (FY2022 to FY2025).
- Across earlier years, Interest Expenses came in at $130 million in FY2024 (-13.9%), $151 million in FY2023 (+4.9%) and $144 million in FY2022.
- The Q2 2026 figure is the highest quarterly Interest Expenses in data going back to Q3 2023.
- On a year-over-year basis, Interest Expenses has increased for seven consecutive quarters, with growth averaging 100.0% over the last eight quarters.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 221.2% in Q1 2026, against a decline of 12.1% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $106 million (Q1 2026), $70 million (Q4 2025) and $67 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn | 497.00 Mn |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn | 213.70 Mn |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn | 661.00 Mn |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn | 201.00 Mn |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn | 95.00 Mn |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn | - |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn | - |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn | 17.40 Mn |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn | 79.00 Mn |
| 10 | Cummins | 74.79 Bn | 70.86 Bn | 2.47 Bn | 80.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 201.00 Mn |
| Mar 31, 2026 | 106.00 Mn |
| Dec 31, 2025 | 70.00 Mn |
| Sep 30, 2025 | 67.00 Mn |
| Jun 30, 2025 | 71.00 Mn |
| Mar 31, 2025 | 33.00 Mn |
| Dec 31, 2024 | 42.00 Mn |
| Sep 30, 2024 | 29.00 Mn |
| Jun 30, 2024 | 29.00 Mn |
| Mar 31, 2024 | 30.00 Mn |
| Dec 31, 2023 | 27.00 Mn |
| Sep 30, 2023 | 33.00 Mn |
API Access
Eaton Interest Expenses 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-expenses&ticker=ETN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=ETN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();