Eaton (ETN) Total Non-Current Liabilities (2011 - 2026)
Eaton's Total Non-Current Liabilities was $23.97 billion in Q2 2026, up 95.5% from $12.27 billion a year earlier and up 1.7% from the prior quarter.
Eaton (ETN) Total Non-Current Liabilities (2011 - 2026) Analysis & Trends
At the end of FY2025, Total Non-Current Liabilities at Eaton came in at $12.41 billion, up 3.5% from FY2024.
- Total Non-Current Liabilities has now increased for four consecutive years, with a five-year compound annual growth rate of 2.5% (FY2020 to FY2025).
- In earlier years, Total Non-Current Liabilities was $11.99 billion in FY2024 (+3.3%), $11.62 billion in FY2023 (+0.3%), $11.58 billion in FY2022 (+11.7%) and $10.36 billion in FY2021 (-5.5%).
- The Q2 2026 figure marks the highest quarterly Total Non-Current Liabilities in data going back to Q4 2011.
- Compared with a year earlier, Total Non-Current Liabilities has increased for five straight quarters, with growth averaging 27.6% over the last eight quarters.
- The best year-over-year quarter for Total Non-Current Liabilities over five years was Q1 2026 (growth of 111.7%); the worst was Q2 2022 (a decline of 21.6%).
- Per Business Quant data, ETN's Total Non-Current Liabilities in the three quarters before Q2 2026 was $23.58 billion (Q1 2026), $12.41 billion (Q4 2025) and $12.29 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 75.57 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 28.16 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | - |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 23.97 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 14.72 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 10.73 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 18.30 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 23.79 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 7.65 Bn |
| 10 | Cummins | 71.14 Bn | 68.27 Bn | 2.47 Bn | 18.48 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.97 Bn |
| Mar 31, 2026 | 23.58 Bn |
| Dec 31, 2025 | 12.41 Bn |
| Sep 30, 2025 | 12.29 Bn |
| Jun 30, 2025 | 12.27 Bn |
| Mar 31, 2025 | 11.14 Bn |
| Dec 31, 2024 | 11.99 Bn |
| Sep 30, 2024 | 12.13 Bn |
| Jun 30, 2024 | 12.01 Bn |
| Mar 31, 2024 | 11.60 Bn |
| Dec 31, 2023 | 11.62 Bn |
| Sep 30, 2023 | 11.31 Bn |
| Jun 30, 2023 | 12.06 Bn |
| Mar 31, 2023 | 11.95 Bn |
| Dec 31, 2022 | 11.58 Bn |
| Sep 30, 2022 | 11.61 Bn |
| Jun 30, 2022 | 9.76 Bn |
| Mar 31, 2022 | 10.30 Bn |
| Dec 31, 2021 | 10.36 Bn |
| Sep 30, 2021 | 12.20 Bn |
Eaton Total Non-Current Liabilities 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=total-non-current-liabilities&ticker=ETN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-liabilities", "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=total-non-current-liabilities&ticker=ETN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();