Eaton (ETN) Retained Earnings (2011 - 2026)
Eaton (ETN) recorded Retained Earnings of $11.53 billion in Q2 2026, up 16.3% from $9.92 billion a year earlier and up 3.5% from the prior quarter.
Analysis
Eaton (ETN) Retained Earnings (2011 - 2026) Analysis & Trends
At the end of FY2025, Eaton reported Retained Earnings of $10.7 billion, up 6.0% from FY2024.
- Annual Retained Earnings has a five-year compound annual growth rate of 9.5% (FY2020 to FY2025).
- Across earlier years, Retained Earnings came in at $10.1 billion in FY2024 (-2.0%), $10.31 billion in FY2023 (+21.7%), $8.47 billion in FY2022 (+11.5%) and $7.59 billion in FY2021 (+11.8%).
- The Q2 2026 figure is the highest quarterly Retained Earnings in data going back to Q4 2011.
- On a year-over-year basis, Retained Earnings has increased for three consecutive quarters, with growth averaging 3.0% over the last eight quarters.
- Peak year-over-year performance for Retained Earnings in the last five years was growth of 21.7% in Q4 2023, against a decline of 6.6% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $11.14 billion (Q1 2026), $10.7 billion (Q4 2025) and $10.17 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 70.14 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 11.64 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 62.17 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 11.53 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 24.49 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 1.87 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 41.58 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 38.63 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 30.81 Bn |
| 10 | Cummins | 71.14 Bn | 68.27 Bn | 2.47 Bn | 23.65 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.53 Bn |
| Mar 31, 2026 | 11.14 Bn |
| Dec 31, 2025 | 10.70 Bn |
| Sep 30, 2025 | 10.17 Bn |
| Jun 30, 2025 | 9.92 Bn |
| Mar 31, 2025 | 10.04 Bn |
| Dec 31, 2024 | 10.10 Bn |
| Sep 30, 2024 | 10.37 Bn |
| Jun 30, 2024 | 10.62 Bn |
| Mar 31, 2024 | 10.61 Bn |
| Dec 31, 2023 | 10.31 Bn |
| Sep 30, 2023 | 9.70 Bn |
| Jun 30, 2023 | 9.16 Bn |
| Mar 31, 2023 | 8.76 Bn |
| Dec 31, 2022 | 8.47 Bn |
| Sep 30, 2022 | 8.07 Bn |
| Jun 30, 2022 | 7.89 Bn |
| Mar 31, 2022 | 7.71 Bn |
| Dec 31, 2021 | 7.59 Bn |
| Sep 30, 2021 | 7.35 Bn |
API Access
Eaton Retained Earnings 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=retained-earnings&ticker=ETN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=ETN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();