Eaton (ETN) Net Income (2012 - 2026)
Eaton's Net Income was $823 million in Q2 2026, down 16.2% from $982 million a year earlier and down 5.2% from the prior quarter.
Eaton (ETN) Net Income (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Eaton's Net Income was $3.83 billion through Jun 30, 2026, down 2.4% year-over-year; for FY2025, it was $4.09 billion, up 7.7% from FY2024.
- Net Income has now increased for five consecutive years, with a five-year compound annual growth rate of 23.6% (FY2020 to FY2025).
- In earlier years, Net Income was $3.8 billion in FY2024 (+17.8%), $3.22 billion in FY2023 (+30.8%), $2.47 billion in FY2022 (+14.9%) and $2.15 billion in FY2021 (+51.7%).
- The Q2 2026 figure marks the lowest quarterly Net Income since Q1 2024.
- Compared with a year earlier, Net Income was higher in four of the last eight quarters, with growth averaging 2.8%.
- The best year-over-year quarter for Net Income over five years was Q3 2023 (growth of 46.7%); the worst was Q2 2026 (a decline of 16.2%).
- Per Business Quant data, ETN's Net Income in the three quarters before Q2 2026 was $868 million (Q1 2026), $1.13 billion (Q4 2025) and $1.01 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 351.37 Bn | 323.07 Bn | 7.76 Bn | 3.59 Bn |
| 2 | Amphenol | 209.04 Bn | 203.63 Bn | 3.55 Bn | 1.78 Bn |
| 3 | Deere | 173.76 Bn | 141.85 Bn | 4.66 Bn | 1.38 Bn |
| 4 | Eaton | 165.23 Bn | 162.42 Bn | 2.86 Bn | 823.00 Mn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 1.09 Bn |
| 6 | Emerson Electric | 90.68 Bn | 83.42 Bn | 2.66 Bn | 718.00 Mn |
| 7 | Vertiv Holdings | 90.65 Bn | 81.27 Bn | 1.23 Bn | 497.80 Mn |
| 8 | 3M | 83.69 Bn | 65.09 Bn | 2.68 Bn | 938.00 Mn |
| 9 | Illinois Tool Works | 75.68 Bn | 72.24 Bn | 1.90 Bn | 815.00 Mn |
| 10 | Cummins | 72.28 Bn | 68.36 Bn | 2.47 Bn | 968.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 823.00 Mn |
| Mar 31, 2026 | 868.00 Mn |
| Dec 31, 2025 | 1.13 Bn |
| Sep 30, 2025 | 1.01 Bn |
| Jun 30, 2025 | 982.00 Mn |
| Mar 31, 2025 | 965.00 Mn |
| Dec 31, 2024 | 971.00 Mn |
| Sep 30, 2024 | 1.01 Bn |
| Jun 30, 2024 | 994.00 Mn |
| Mar 31, 2024 | 822.00 Mn |
| Dec 31, 2023 | 946.00 Mn |
| Sep 30, 2023 | 892.00 Mn |
| Jun 30, 2023 | 745.00 Mn |
| Mar 31, 2023 | 639.00 Mn |
| Dec 31, 2022 | 722.00 Mn |
| Sep 30, 2022 | 608.00 Mn |
| Jun 30, 2022 | 601.00 Mn |
| Mar 31, 2022 | 533.00 Mn |
| Dec 31, 2021 | 551.00 Mn |
| Sep 30, 2021 | 630.00 Mn |
Eaton Net Income 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=net-income&ticker=ETN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=ETN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();