Eaton Corporation ETN
Eaton Corporation plc (Eaton or the Company) is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. 10-K, Item 1
- Headquarters
- Dublin, L2
- Next results
- around Feb 2, 2027
Where each dollar of revenue went, FY2025
Revenue of $27.4B through the costs to a net profit of $4.1B · income statement of the 10-K
ETN among Industrials peers
Six ratios from the latest 10-K. Each corner is the share of 81 peers the company is above, not a score.
What changed
27 new risk paragraphs. 10-K filed Feb 26, 2026 against Feb 27, 2025.
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
Accounting checks
11 checks on the latest 10-K. Checks, not verdicts.
0facts worth reading about all 11 checks found nothing to note
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Receivables +16.6% vs revenue +10.3% (+6.3 pts)
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Cash from operations $4.5B vs net income $4.1B (FY ending Dec 31, 2025)
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Inventory +11.7% vs revenue +10.3% (+1.4 pts)
8 more checks with nothing to note
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Same auditor in both 10-Ks: Ernst & Young LLP
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No statement of substantial doubt about going concern
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No 8-K item 4.02 in the last 2 years
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No NT 10-K or NT 10-Q in the last 2 years
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The same matters as last year: Unrecognized Income Tax Benefits
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No sentence in the 10-K concludes that controls were not effective because of a material weakness
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No 8-K item 2.06 in the last 2 years
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No 8-K item 1.03 in the last 2 years
In their words
27 paragraphs in Risk Factors that were not in the 10-K filed Feb 27, 2025. Quoted as filed.
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Item 1A · new paragraph · not in the 10-K filed Feb 27, 2025 10-K, ITEM 1A
We are subject to risks relating to acquisitions, joint ventures and investments, and risks relating to the integration of acquired companies. As part of our strategy, we pursue strategic transactions, including but not limited to acquisitions, joint ventures, and investments. Acquisitions and investments may involve significant cash…
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Item 1A · new paragraph · not in the 10-K filed Feb 27, 2025 10-K, ITEM 1A
Our business requires that we buy raw materials, components, and services from third parties. Supplier relationships have in the past been and could in the future be interrupted or terminated. Our reliance on suppliers involves certain risks, including: •shortages of commodities, components, or other materials, which could adversely…
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Item 1A · new paragraph · not in the 10-K filed Feb 27, 2025 10-K, ITEM 1A
Extreme weather events may create physical risks to our operating locations and supply chains, as well as to our suppliers’ and customers’ operations. Operational, environmental and social regulations may pose stringent obligations on our operations, which could impact our financial results and adversely affect our ability to conduct…
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Item 1A · new paragraph · not in the 10-K filed Feb 27, 2025 10-K, ITEM 1A
Eaton’s success depends in part on our ability to anticipate and offer products and services that appeal to the changing needs and preferences of our customers in the various markets we serve. Developing new products and service offerings requires high levels of innovation, and the development process is often lengthy and costly. If we…
New risk paragraphs, against peers
Latest 10-K of each, Industrials companies closest in revenue
Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.
Financial performance
Last 4 fiscal years · 10-K XBRL
| Metric | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | $20.8B | $23.2B | $24.9B | $27.4B |
| Net income | $2.5B | $3.2B | $3.8B | $4.1B |
| Operating cash flow | $2.5B | $3.6B | $4.3B | $4.5B |
| Free cash flow | $1.9B | $2.9B | $3.5B | $3.6B |
Revenue, FY2016 to FY2025
Ten fiscal years, each from its own 10-K · XBRL · USD
$27.4B ▲ 10.3% in FY2025$4.1B ▲ 7.7% in FY2025$3.6B ▲ 1.0% in FY2025
Recent filings
3 filings in the last 30 days · SEC EDGAR
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8-KNov 3, 2026Quarterly results 8-K item 2.02
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10-QNov 3, 2026Quarterly report (10-Q) period ended Sep 30, 2026
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8-KOct 16, 2026Other events 8-K item 8.01
About the company
Eaton Corporation, Dublin, L2 · from the 10-K filed Feb 26, 2026
Eaton Corporation plc (Eaton or the Company) is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. We are capitalizing on the megatrends of the electrification, digitalization, and the reindustrialization of and growth of megaprojects in North America and increased global infrastructure spending, all of which are expanding our end markets and positioning Eaton for growth for years to come.
- Headquarters
- Dublin, L2
- Country
- United States
- Reports in
- USD
- Listed on
- NYSE
- Fiscal year ends
- December 31
- Last results
- Nov 3, 2026
Email alerts
Sources
The 10-K filed Feb 26, 2026 (open at SEC), compared with the 10-K filed Feb 27, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.
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