Eaton (ETN) Invested Capital (2011 - 2026)
Eaton's (ETN) quarterly Invested Capital came in at $43.0 billion in Q2 2026, up 39.72% year-over-year from $30.8 billion in Q2 2025, and down 0.93% quarter-over-quarter from $43.4 billion in Q1 2026.
Eaton (ETN) Invested Capital (2011 - 2026) Analysis & Trends
Eaton (ETN) has reported Invested Capital for 16 consecutive years, with $43.0 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Invested Capital rose 39.72% year-over-year to $43.0 billion in Q2 2026; TTM through Jun 2026 was $43.0 billion, a 39.72% increase from a year earlier, with the FY2025 full-year figure at $30.5 billion, up 7.56% from the prior year.
- Invested Capital was $43.0 billion for Q2 2026 at Eaton, down from $43.4 billion in the prior quarter.
- Over five years, Invested Capital peaked at $43.4 billion in Q1 2026 and troughed at $26.0 billion in Q3 2022.
- A 5-year average of $30.4 billion and a median of $29.3 billion in 2023 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital slipped 8.99% in 2022 and jumped 43.28% in 2026, its largest moves.
- Over 5 years, Invested Capital stood at $26.1 billion in 2022, then grew by 12.67% to $29.4 billion in 2023, then dropped by 3.4% to $28.4 billion in 2024, then gained by 7.56% to $30.5 billion in 2025, then surged by 40.99% to $43.0 billion in 2026.
- The last three Invested Capital figures came in at $43.0 billion (Q2 2026), $43.4 billion (Q1 2026), and $30.5 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.58 Bn | 364.86 Bn | 7.76 Bn | 53.85 Bn |
| 2 | Amphenol | 204.28 Bn | 198.29 Bn | 3.55 Bn | 34.42 Bn |
| 3 | Deere | 189.58 Bn | 180.70 Bn | 12.32 Bn | 51.21 Bn |
| 4 | Eaton | 171.87 Bn | 171.22 Bn | 2.86 Bn | 43.00 Bn |
| 5 | Parker-Hannifin | 121.60 Bn | 121.11 Bn | 2.25 Bn | 24.64 Bn |
| 6 | Vertiv Holdings | 97.62 Bn | 94.51 Bn | 1.23 Bn | 7.70 Bn |
| 7 | 3M | 87.32 Bn | 84.04 Bn | 2.68 Bn | 15.56 Bn |
| 8 | Emerson Electric | 86.05 Bn | 83.88 Bn | 2.66 Bn | 33.51 Bn |
| 9 | Illinois Tool Works | 77.02 Bn | 76.18 Bn | 1.90 Bn | 12.59 Bn |
| 10 | Cummins | 72.43 Bn | 68.82 Bn | 2.47 Bn | 21.25 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.00 Bn |
| Mar 31, 2026 | 43.40 Bn |
| Dec 31, 2025 | 30.50 Bn |
| Sep 30, 2025 | 30.67 Bn |
| Jun 30, 2025 | 30.78 Bn |
| Mar 31, 2025 | 30.29 Bn |
| Dec 31, 2024 | 28.36 Bn |
| Sep 30, 2024 | 29.27 Bn |
| Jun 30, 2024 | 30.37 Bn |
| Mar 31, 2024 | 29.51 Bn |
| Dec 31, 2023 | 29.36 Bn |
| Sep 30, 2023 | 28.54 Bn |
| Jun 30, 2023 | 27.69 Bn |
| Mar 31, 2023 | 26.37 Bn |
| Dec 31, 2022 | 26.05 Bn |
| Sep 30, 2022 | 26.01 Bn |
| Jun 30, 2022 | 28.15 Bn |
| Mar 31, 2022 | 27.99 Bn |
| Dec 31, 2021 | 26.77 Bn |
| Sep 30, 2021 | 25.51 Bn |
Eaton Invested Capital 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=invested-capital&ticker=ETN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=ETN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();