Eaton (ETN) Total Debt (2011 - 2026)
Eaton's (ETN) quarterly Total Debt came in at $22.7 billion in Q2 2026, up 87.16% year-over-year from $12.1 billion in Q2 2025, and down 3.96% quarter-over-quarter from $23.6 billion in Q1 2026.
Analysis
Eaton (ETN) Total Debt (2011 - 2026) Analysis & Trends
Eaton (ETN) has reported Total Debt for 16 consecutive years, with $22.7 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Total Debt rose 87.16% year-over-year to $22.7 billion in Q2 2026; TTM through Jun 2026 was $22.7 billion, a 87.16% increase from a year earlier, with the FY2025 full-year figure at $11.0 billion, up 12.26% from the prior year.
- Total Debt was $22.7 billion for Q2 2026 at Eaton, down from $23.6 billion in the prior quarter.
- Over five years, Total Debt peaked at $23.6 billion in Q1 2026 and troughed at $8.9 billion in Q1 2023.
- A 5-year average of $12.0 billion and a median of $10.7 billion in 2023 frame the typical range for Total Debt.
- Across the five-year window, Total Debt decreased 24.21% in 2022 and jumped 101.25% in 2026, its largest moves.
- Over 5 years, Total Debt stood at $9.0 billion in 2022, then rose by 14.56% to $10.3 billion in 2023, then decreased by 4.47% to $9.8 billion in 2024, then gained by 12.26% to $11.0 billion in 2025, then surged by 105.8% to $22.7 billion in 2026.
- The last three Total Debt figures came in at $22.7 billion (Q2 2026), $23.6 billion (Q1 2026), and $11.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 204.03 Bn | 198.05 Bn | 3.55 Bn | 18.81 Bn |
| 2 | Eaton | 159.57 Bn | 158.92 Bn | 2.86 Bn | 22.70 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 | 5.63 Bn |
| 5 | nVent Electric | 25.25 Bn | 25.00 Bn | 558.00 Mn | 1.51 Bn |
| 6 | Hubbell | 24.33 Bn | 23.94 Bn | 613.00 Mn | 5.37 Bn |
| 7 | Advanced Energy Industries | 11.24 Bn | 9.82 Bn | 236.10 Mn | 1.26 Bn |
| 8 | Aptiv | 9.99 Bn | 9.23 Bn | 775.00 Mn | 5.38 Bn |
| 9 | Valmont Industries | 9.29 Bn | 9.16 Bn | 340.82 Mn | 730.69 Mn |
| 10 | Vicor | 8.66 Bn | 8.21 Bn | 83.12 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.70 Bn |
| Mar 31, 2026 | 23.64 Bn |
| Dec 31, 2025 | 11.03 Bn |
| Sep 30, 2025 | 11.79 Bn |
| Jun 30, 2025 | 12.13 Bn |
| Mar 31, 2025 | 11.75 Bn |
| Dec 31, 2024 | 9.83 Bn |
| Sep 30, 2024 | 10.11 Bn |
| Jun 30, 2024 | 11.12 Bn |
| Mar 31, 2024 | 10.18 Bn |
| Dec 31, 2023 | 10.29 Bn |
| Sep 30, 2023 | 10.12 Bn |
| Jun 30, 2023 | 9.70 Bn |
| Mar 31, 2023 | 8.88 Bn |
| Dec 31, 2022 | 8.98 Bn |
| Sep 30, 2022 | 9.91 Bn |
| Jun 30, 2022 | 11.73 Bn |
| Mar 31, 2022 | 11.34 Bn |
| Dec 31, 2021 | 10.31 Bn |
| Sep 30, 2021 | 9.49 Bn |