Eaton (ETN) Other Working Capital Changes (2012 - 2026)
Eaton (ETN) recorded Other Working Capital Changes of $219 million in Q2 2026, down 54.8% from $484 million a year earlier and down 64.3% from the prior quarter.
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Analysis
Eaton (ETN) Other Working Capital Changes (2012 - 2026) Analysis & Trends
On a TTM basis, Eaton's Other Working Capital Changes came in at -$362 million as of Jun 30, 2026; for FY2025, it was $202 million, up 137.6% from FY2024.
- Across earlier years, Other Working Capital Changes came in at $85 million in FY2024 (-28.6%), $119 million in FY2023 (-33.5%), $179 million in FY2022 (+54.3%) and $116 million in FY2021.
- Quarterly Other Working Capital Changes has ranged from -$1.11 billion in Q4 2025 to $913 million in Q1 2025 over the past five years.
- On a year-over-year basis, Other Working Capital Changes rose in two of the last four quarters, with growth averaging 18.2%.
- Peak year-over-year performance for Other Working Capital Changes in the last five years was growth of 626.9% in Q1 2022, against a decline of 65.5% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $614 million (Q1 2026), -$1.11 billion (Q4 2025) and -$84 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 316.25 Bn | 287.95 Bn | 7.76 Bn |
| 2 | Amphenol | 181.47 Bn | 176.05 Bn | 3.55 Bn |
| 3 | Deere | 172.60 Bn | 140.69 Bn | 4.66 Bn |
| 4 | Eaton | 143.01 Bn | 140.20 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 111.22 Bn | 109.35 Bn | 2.25 Bn |
| 6 | 3M | 90.15 Bn | 71.59 Bn | 2.78 Bn |
| 7 | Emerson Electric | 89.90 Bn | 82.64 Bn | 2.66 Bn |
| 8 | Illinois Tool Works | 78.95 Bn | 75.51 Bn | 1.90 Bn |
| 9 | Vertiv Holdings | 74.37 Bn | 65.00 Bn | 1.23 Bn |
| 10 | Cummins | 71.44 Bn | 67.52 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -219.00 Mn |
| Mar 31, 2026 | -614.00 Mn |
| Dec 31, 2025 | 304.00 Mn |
| Sep 30, 2025 | 84.00 Mn |
| Jun 30, 2025 | -484.00 Mn |
| Mar 31, 2025 | -913.00 Mn |
| Dec 31, 2024 | 58.00 Mn |
| Sep 30, 2024 | 127.00 Mn |
| Jun 30, 2024 | -260.00 Mn |
| Mar 31, 2024 | -524.00 Mn |
| Dec 31, 2023 | 42.00 Mn |
| Sep 30, 2023 | 186.00 Mn |
| Jun 30, 2023 | -124.00 Mn |
| Mar 31, 2023 | -498.00 Mn |
| Dec 31, 2022 | 1.01 Bn |
| Sep 30, 2022 | 176.00 Mn |
| Jun 30, 2022 | -359.00 Mn |
| Mar 31, 2022 | -785.00 Mn |
| Dec 31, 2021 | 321.00 Mn |
| Sep 30, 2021 | -130.00 Mn |
API Access
Eaton Other Working Capital Changes 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=other-working-capital-changes&ticker=ETN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=ETN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();