Eaton (ETN) Total Debt (2011 - 2026)
Eaton (ETN) posted quarterly Total Debt of $20.6 billion for Q2 2026, up 87.05% year-over-year from $11.0 billion in Q2 2025, and down 2.45% on a QoQ basis from $21.1 billion in Q1 2026.
Eaton (ETN) Total Debt (2011 - 2026) Analysis & Trends
Eaton has reported Total Debt for 16 years, with the latest figure at $20.6 billion in Q2 2026.
- Total Debt for Q2 2026 came in at $20.6 billion, up 87.05% year-over-year; the trailing twelve-month figure through Jun 2026 was $20.6 billion (up 87.05% YoY), and the FY2025 annual result was $11.0 billion, up 12.25% from the prior year.
- Total Debt slipped to $20.6 billion in Q2 2026, from $21.1 billion in the prior quarter.
- Over five years, Total Debt peaked at $21.1 billion in Q1 2026 and troughed at $8.7 billion in Q4 2022.
- A 5-year average of $11.3 billion and a median of $10.2 billion in 2022 frame the typical range for Total Debt.
- The widest annual swing landed in 2022, when Total Debt decreased 15.98%; it then jumped 93.12% in 2026.
- A 5-year view of Total Debt shows it stood at $8.7 billion in 2022, then grew by 18.75% to $10.3 billion in 2023, then retreated by 4.4% to $9.8 billion in 2024, then rose by 12.25% to $11.0 billion in 2025, then soared by 86.86% to $20.6 billion in 2026.
- Per Business Quant data, the three most recent Total Debt figures were $20.6 billion in Q2 2026, $21.1 billion in Q1 2026, and $11.0 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 2.79 Bn |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 20.61 Bn |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 9.58 Bn |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 13.11 Bn |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 6.89 Bn |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 9.69 Bn |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 2.04 Bn |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 3.26 Bn |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 4.77 Bn |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 9.62 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.61 Bn |
| Mar 31, 2026 | 21.05 Bn |
| Dec 31, 2025 | 11.03 Bn |
| Sep 30, 2025 | 9.89 Bn |
| Jun 30, 2025 | 11.02 Bn |
| Mar 31, 2025 | 10.08 Bn |
| Dec 31, 2024 | 8.48 Bn |
| Sep 30, 2024 | 10.11 Bn |
| Jun 30, 2024 | 9.83 Bn |
| Mar 31, 2024 | 10.18 Bn |
| Dec 31, 2023 | 10.28 Bn |
| Sep 30, 2023 | 10.10 Bn |
| Jun 30, 2023 | 9.21 Bn |
| Mar 31, 2023 | 8.80 Bn |
| Dec 31, 2022 | 8.34 Bn |
| Sep 30, 2022 | 8.11 Bn |
| Jun 30, 2022 | 9.70 Bn |
| Mar 31, 2022 | 7.88 Bn |
| Dec 31, 2021 | 10.30 Bn |
| Sep 30, 2021 | 8.95 Bn |