Eaton (ETN) Non-Current Debt (2011 - 2026)
Eaton (ETN) recorded Non-Current Debt of $18.51 billion in Q2 2026, up 111.5% from $8.75 billion a year earlier but down 0.1% from the prior quarter.
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Analysis
Eaton (ETN) Non-Current Debt (2011 - 2026) Analysis & Trends
At the end of FY2025, Eaton reported Non-Current Debt of $8.76 billion, up 3.3% from FY2024.
- Annual Non-Current Debt has a five-year compound annual growth rate of 4.6% (FY2020 to FY2025).
- Across earlier years, Non-Current Debt came in at $8.48 billion in FY2024 (+2.8%), $8.24 billion in FY2023 (-0.9%), $8.32 billion in FY2022 (+21.8%) and $6.83 billion in FY2021 (-2.6%).
- Quarterly Non-Current Debt has ranged from $6.28 billion in Q2 2022 to $18.54 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Non-Current Debt has increased for five consecutive quarters, with growth averaging 33.0% over the last eight quarters.
- Peak year-over-year performance for Non-Current Debt in the last five years was growth of 143.6% in Q1 2026, against a decline of 28.0% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $18.54 billion (Q1 2026), $8.76 billion (Q4 2025) and $8.76 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 32.04 Bn |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 17.18 Bn |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 6.10 Bn |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 18.51 Bn |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 6.77 Bn |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 2.94 Bn |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 7.53 Bn |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 10.90 Bn |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 6.55 Bn |
| 10 | Cummins | 71.78 Bn | 68.92 Bn | 2.47 Bn | 6.74 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.51 Bn |
| Mar 31, 2026 | 18.54 Bn |
| Dec 31, 2025 | 8.76 Bn |
| Sep 30, 2025 | 8.76 Bn |
| Jun 30, 2025 | 8.75 Bn |
| Mar 31, 2025 | 7.61 Bn |
| Dec 31, 2024 | 8.48 Bn |
| Sep 30, 2024 | 8.68 Bn |
| Jun 30, 2024 | 8.56 Bn |
| Mar 31, 2024 | 8.19 Bn |
| Dec 31, 2023 | 8.24 Bn |
| Sep 30, 2023 | 8.15 Bn |
| Jun 30, 2023 | 8.80 Bn |
| Mar 31, 2023 | 8.70 Bn |
| Dec 31, 2022 | 8.32 Bn |
| Sep 30, 2022 | 8.08 Bn |
| Jun 30, 2022 | 6.28 Bn |
| Mar 31, 2022 | 6.76 Bn |
| Dec 31, 2021 | 6.83 Bn |
| Sep 30, 2021 | 8.52 Bn |
API Access
Eaton Non-Current Debt 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=non-current-debt&ticker=ETN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=ETN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();