Operating Income for Eaton Corporation (ETN)
According to Eaton Corporation's latest reported financial statements, the company's current operating income (TTM) is $5.23B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$5.23B
YoY change
+7.5%
5Y CAGR
+17.6%
Peak year (2025)
$5.23B
Cumulative operating income
$60.60B
Operating Income history chart for Eaton Corporation (ETN) from 1985 to 2025
Operating Income history table for Eaton Corporation (ETN) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $5.23B | +7.5% | ||
| 2024 | $4.87B | +21.8% | ||
| 2023 | $4.00B | +23.3% | ||
| 2022 | $3.24B | +12.9% | ||
| 2021 | $2.87B | +23.7% | ||
| 2020 | $2.32B | -24.2% | ||
| 2019 | $3.06B | +2.6% | ||
| 2018 | $2.98B | +11.5% | ||
| 2017 | $2.67B | +8.4% | ||
| 2016 | $2.47B | -1.4% | ||
| 2015 | $2.50B | -3.7% | ||
| 2014 | $2.60B | +12.5% | ||
| 2013 | $2.31B | +31.3% | ||
| 2012 | $1.76B | +6.8% | ||
| 2011 | $1.65B | +36.7% | ||
| 2010 | $1.21B | +119.9% | ||
| 2009 | $548.00M | -59.7% | ||
| 2008 | $1.36B | +9.3% | ||
| 2007 | $1.24B | +3.7% | ||
| 2006 | $1.20B | +14.7% | ||
| 2005 | $1.04B | +12.6% | ||
| 2004 | $928.00M | +57.3% | ||
| 2003 | $590.00M | +14.1% | ||
| 2002 | $517.00M | +48.6% | ||
| 2001 | $348.00M | -46.4% | ||
| 2000 | $649.00M | -11.0% | ||
| 1999 | $729.00M | +51.2% | ||
| 1998 | $482.00M | -31.1% | ||
| 1997 | $700.00M | +31.1% | ||
| 1996 | $534.00M | -16.6% | ||
| 1995 | $640.00M | +14.3% | ||
| 1994 | $560.00M | +76.7% | ||
| 1993 | $317.00M | +38.4% | ||
| 1992 | $229.00M | +69.6% | ||
| 1991 | $135.00M | -53.9% | ||
| 1990 | $293.00M | -21.9% | ||
| 1989 | $375.40M | -6.2% | ||
| 1988 | $400.40M | +6.6% | ||
| 1987 | $375.70M | +21.4% | ||
| 1986 | $309.40M | -15.3% | ||
| 1985 | $365.50M | — |
Operating Income values are taken from Eaton Corporation's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Eaton Corporation (ETN) operating income is $5.23B – grew 7.5% year-over-year.
Over 2020–2025 (5 years), Eaton Corporation operating income expanded at a +17.6% compound annual rate, sustaining 5 straight years of year-over-year growth.
The highest annual operating income of $5.23B was reported in 2025. The lowest in the available history was $135.00M in 1991.
Within Industrials, Eaton Corporation (ETN) ranks 7th among 8 peers we track. The peer median for operating income is $8.59B.
Eaton Corporation Operating Income by Year
Eaton Corporation Operating Income 2025: $5.23B
Eaton Corporation operating income in 2025 was $5.23B, grew 7.5% from 2024. This figure represents the highest annual value in the available history.
Eaton Corporation Operating Income 2024: $4.87B
Eaton Corporation operating income in 2024 was $4.87B, grew 21.8% from 2023.
Eaton Corporation Operating Income 2023: $4.00B
Eaton Corporation operating income in 2023 was $4.00B, grew 23.3% from 2022.
Eaton Corporation Operating Income 2022: $3.24B
Eaton Corporation operating income in 2022 was $3.24B, grew 12.9% from 2021.
Eaton Corporation Operating Income 2021: $2.87B
Eaton Corporation operating income in 2021 was $2.87B.
See more financial history for Eaton Corporation (ETN).
Sector peers — Operating Income
Companies in the same sector as Eaton Corporation, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $11.21B | Industrials |
| Union Pacific Corporation (UNP) | $9.84B | Industrials |
| RTX Corporation (RTX) | $8.89B | Industrials |
| GE Aerospace (GE) | $8.77B | Industrials |
| Deere & Company (DE) | $8.42B | Industrials |
| Honeywell International Inc. (HON) | $6.57B | Industrials |
| Parker-Hannifin Corporation (PH) | $4.06B | Industrials |
| The Boeing Company (BA) | -$5.42B | Industrials |
Frequently asked questions
What is Eaton Corporation's operating income?
- Latest reported operating income for Eaton Corporation (ETN) is $5.23B (period ending December 31, 2025).
How has Eaton Corporation operating income changed year-over-year?
- Eaton Corporation (ETN) operating income changed +7.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Eaton Corporation operating income?
- Eaton Corporation (ETN) operating income compound annual growth rate is +17.6% over the most recent 5 years available.
When did Eaton Corporation operating income hit its highest annual value?
- Eaton Corporation operating income reached its highest annual value of $5.23B in 2025.
What was Eaton Corporation operating income in 2024?
- Eaton Corporation (ETN) operating income in 2024 was $4.87B.
What was Eaton Corporation operating income in 2025?
- Eaton Corporation (ETN) operating income in 2025 was $5.23B.
Metrics overview
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