Eaton (ETN) Non-Current Debt (2011 - 2026)
Eaton's (ETN) quarterly Non-Current Debt came in at $18.5 billion in Q2 2026, up 87.35% year-over-year from $9.9 billion in Q2 2025, and down 0.53% quarter-over-quarter from $18.6 billion in Q1 2026.
Analysis
Eaton (ETN) Non-Current Debt (2011 - 2026) Analysis & Trends
Eaton (ETN) has reported Non-Current Debt for 16 consecutive years, with $18.5 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Non-Current Debt rose 87.35% year-over-year to $18.5 billion in Q2 2026; TTM through Jun 2026 was $18.5 billion, a 87.35% increase from a year earlier, with the FY2025 full-year figure at $9.9 billion, up 8.11% from the prior year.
- Non-Current Debt was $18.5 billion for Q2 2026 at Eaton, down from $18.6 billion in the prior quarter.
- Over five years, Non-Current Debt peaked at $18.6 billion in Q1 2026 and troughed at $8.1 billion in Q3 2022.
- A 5-year average of $10.2 billion and a median of $9.2 billion in 2023 frame the typical range for Non-Current Debt.
- Across the five-year window, Non-Current Debt fell 12.41% in 2022 and jumped 100.74% in 2026, its largest moves.
- Over 5 years, Non-Current Debt stood at $8.3 billion in 2022, then advanced by 11.16% to $9.3 billion in 2023, then declined by 1.18% to $9.2 billion in 2024, then rose by 8.11% to $9.9 billion in 2025, then soared by 87.18% to $18.5 billion in 2026.
- The last three Non-Current Debt figures came in at $18.5 billion (Q2 2026), $18.6 billion (Q1 2026), and $9.9 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 204.03 Bn | 198.05 Bn | 3.55 Bn | 17.18 Bn |
| 2 | Eaton | 159.57 Bn | 158.92 Bn | 2.86 Bn | 18.52 Bn |
| 3 | Vertiv Holdings | 107.98 Bn | 104.87 Bn | 1.23 Bn | 2.94 Bn |
| 4 | TE Connectivity | 60.39 Bn | 59.30 Bn | 1.84 Bn | 5.53 Bn |
| 5 | nVent Electric | 25.25 Bn | 25.00 Bn | 558.00 Mn | 1.49 Bn |
| 6 | Hubbell | 24.33 Bn | 23.94 Bn | 613.00 Mn | 4.80 Bn |
| 7 | Advanced Energy Industries | 11.24 Bn | 9.82 Bn | 236.10 Mn | 1.13 Bn |
| 8 | Aptiv | 9.99 Bn | 9.23 Bn | 775.00 Mn | 5.33 Bn |
| 9 | Valmont Industries | 9.29 Bn | 9.16 Bn | 340.82 Mn | 730.63 Mn |
| 10 | Vicor | 8.66 Bn | 8.21 Bn | 83.12 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.52 Bn |
| Mar 31, 2026 | 18.62 Bn |
| Dec 31, 2025 | 9.89 Bn |
| Sep 30, 2025 | 9.89 Bn |
| Jun 30, 2025 | 9.89 Bn |
| Mar 31, 2025 | 9.28 Bn |
| Dec 31, 2024 | 9.15 Bn |
| Sep 30, 2024 | 9.39 Bn |
| Jun 30, 2024 | 9.83 Bn |
| Mar 31, 2024 | 9.19 Bn |
| Dec 31, 2023 | 9.26 Bn |
| Sep 30, 2023 | 9.13 Bn |
| Jun 30, 2023 | 9.21 Bn |
| Mar 31, 2023 | 8.71 Bn |
| Dec 31, 2022 | 8.33 Bn |
| Sep 30, 2022 | 8.11 Bn |
| Jun 30, 2022 | 8.31 Bn |
| Mar 31, 2022 | 8.49 Bn |
| Dec 31, 2021 | 8.57 Bn |
| Sep 30, 2021 | 8.64 Bn |