Eaton (ETN) Stock Analysis & Company Overview

Eaton Corporation plc (NYSE: ETN) is an intelligent power management company, founded in 1911, that makes products for the data center, utility, industrial, commercial, aerospace and mobility markets across 180 countries. This page profiles the listed company and its stock: it brings together TradingView market widgets, financial reference data taken from Eaton’s SEC filings, and a dated, clearly labelled third-party Shariah-screening snapshot for research purposes. Widgets update dynamically; the tables and screening notes are static and carry their own reporting periods and dates. For sector context see SaGeminieTech’s Artificial Intelligence hub and the NYSE hub.

Eaton Corporation plc (ETN) Symbol Information

ETN trades on the New York Stock Exchange, as stated on the cover of Eaton’s annual report, under the ticker symbol ETN. The panel below summarizes the current symbol — price, exchange and identifying details — as a quick reference before reviewing deeper fundamentals and charts.

ETN Advanced Stock Chart

The interactive chart below displays ETN price and volume history across time intervals from intraday to multi-year views. Developments that Eaton’s own filings highlight include fiscal 2025 acquisitions of Fibrebond and Resilient Power Systems to expand data-center power infrastructure offerings, the January 2026 acquisition of Ultra PCS for aerospace solutions, and a January 2026 announcement that Eaton intends to spin off its Mobility business (Vehicle and eMobility segments) into an independent, publicly traded company. Demand tied to data-center buildout, electrification and aerospace/defense spending can also influence price. Price history is one input among several and should be read alongside fundamentals.

Eaton Corporation plc Financial Statements and Fundamentals

Key figures worth examining for Eaton include net sales growth across its five business segments, the scale of its Electrical Americas segment relative to the rest of the portfolio, and the pending structural change from the planned Mobility spin-off. In fiscal 2025 net sales were $27,448 million, up from $24,878 million in fiscal 2024 and $23,196 million in fiscal 2023; net income attributable to Eaton ordinary shareholders was $4,087 million in fiscal 2025, up from $3,794 million in fiscal 2024 (10-K).

Electrical Americas was Eaton’s largest segment at $13,276 million of net sales in fiscal 2025 (48% of the total), followed by Electrical Global at $6,815 million and Aerospace at $4,249 million; the Vehicle and eMobility segments together were $3,109 million (11% of fiscal 2025 net sales) and are the segments Eaton has announced it intends to spin off as an independent company.

Eaton Corporation plc reported financial figures — US GAAP, $ millions, fiscal years
Metric	FY2023 (ended December 31, 2023)	FY2024 (ended December 31, 2024)	FY2025 (ended December 31, 2025)
Net sales (reported)	23,196	24,878	27,448
Gross profit (calculated: net sales − cost of products sold)	8,434	9,503	10,317
Research and development expense (reported)	754	794	797
Net income attributable to Eaton ordinary shareholders (reported)	3,218	3,794	4,087
Diluted net income per share (reported)	$8.02	$9.50	$10.45
Gross margin (calculated: gross profit ÷ net sales)	36.4%	38.2%	37.6%

Source: Eaton Corporation plc Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (SEC filing, filed 2026-02-26); fiscal 2024 and 2023 comparatives as presented in that filing. Rows marked “calculated” are derived by SaGeminieTech from the reported inputs shown.

Eaton Corporation plc selected balance-sheet measures — $ millions, as of December 31, 2025
Measure	Value (reported)
Cash and cash equivalents	622
Long-term debt (current + noncurrent)	9,894
Total assets	41,251
Total stockholders’ equity	19,425

Source: fiscal 2025 10-K consolidated balance sheet (filing). Eaton, like many industrial companies, carries a relatively small cash balance ($622 million) relative to its scale, using operating cash flow and debt markets rather than a large treasury reserve.

Eaton Corporation plc Company Profile and Business Model

Eaton describes itself as an intelligent power management company serving the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets, founded in 1911 and now serving customers in 180 countries. As reported in the fiscal 2025 10-K, the company operated five business segments: Electrical Americas, Electrical Global, Aerospace, Vehicle and eMobility.

On January 26, 2026 — after fiscal 2025 closed — Eaton announced its intention to pursue a spin-off of its Mobility business (the combined Vehicle and eMobility segments) into an independent, publicly traded company, and re-segmented its internal reporting structure in the first quarter of fiscal 2026 to reflect this. Eaton has also been acquisitive in data-center-adjacent power infrastructure, acquiring Fibrebond and a majority stake in Resilient Power Systems in fiscal 2025, and completing the acquisition of aerospace-solutions provider Ultra PCS in January 2026. Geographically, the United States was approximately 62% of fiscal 2025 net sales (table below).

The fiscal 2025 10-K (filed February 26, 2026) lists Paulo Ruiz as Chief Executive Officer (since June 2025) and Olivier Leonetti as Executive Vice President and Chief Financial Officer. Eaton is the first industrial power-management company profiled on this site, distinct from the semiconductor, software and cybersecurity companies covered elsewhere.

Eaton Corporation plc net sales by business segment — US GAAP, $ millions, fiscal years
Segment	FY2025	FY2024	FY2023	Share of FY2025 (reported)
Electrical Americas	13,276	11,436	10,098	48.4%
Electrical Global	6,815	6,248	6,084	24.8%
Aerospace	4,249	3,744	3,413	15.5%
Vehicle	2,505	2,790	2,965	9.1%
eMobility	604	662	636	2.2%

Source: fiscal 2025 10-K, Note 18, “Business Segment Information” (https://www.sec.gov/Archives/edgar/data/1551182/000155118226000007/etn-20251231.htm). On January 26, 2026 — after fiscal 2025 closed — Eaton announced its intention to pursue a spin-off of its Mobility business (the Vehicle and eMobility segments shown here) into an independent, publicly traded company, and re-segmented its reporting in the first quarter of fiscal 2026 accordingly. The segment structure shown in this table reflects how Eaton reported fiscal 2025 in this 10-K, before that re-segmentation.

Eaton Corporation plc net sales by geography — US GAAP, $ millions, fiscal years
Region	FY2025	FY2024	FY2023	Share of FY2025 (reported)
United States	17,122	15,151	14,071	62.4%
Europe	5,078	4,530	4,339	18.5%
Asia Pacific	2,704	2,459	2,288	9.9%
Latin America	1,461	1,680	1,549	5.3%
Canada	1,083	1,058	949	3.9%

Source: fiscal 2025 10-K, Note 18, “Geographic Region Information” (https://www.sec.gov/Archives/edgar/data/1551182/000155118226000007/etn-20251231.htm). Net sales are measured based on the geographic destination of sales.

Eaton Corporation plc Historical Stock-Price Overview

The overview below covers ETN price and percentage change across several date ranges, with volume and moving-average context. Eaton’s reported net sales rose from $23,196 million in fiscal 2023 to $27,448 million in fiscal 2025 (table above), while net income attributable to Eaton ordinary shareholders rose from $3,218 million to $4,087 million over the same period. Price history is best interpreted alongside those growth trends and the pending Mobility spin-off the company’s own filings describe, rather than in isolation.

Eaton Corporation plc Shariah Compliance Snapshot

The snapshot below reflects third-party Shariah screening for ETN based on AAOIFI-derived methodology, as reported by two providers, Zoya and Musaffa, plus figures independently calculated by SaGeminieTech from Eaton’s SEC filings and a market-capitalization snapshot, where the public disclosure allows. Both provider pages were read on 2026-09-29. Screening results change as market capitalization, debt, cash and non-permissible income change — treat this as a starting reference for further verification, not a certification, and not investment or religious guidance.

Current StatusZoya screens ETN as Shariah-compliant (zoya.finance/stocks/etn; AAOIFI standard) and Musaffa classifies it as HALAL, passing both business and financial screening criteria (musaffa.com/stock/ETN; AAOIFI-based methodology; last updated September 2026). The two sources agree as of 2026-09-29 on business activity and overall classification.

Debt / Market CapIndependently calculated: 5.90%. Eaton’s fiscal 2025 10-K reports $9,894 million of long-term debt (current + noncurrent) at December 31, 2025, divided by a market capitalization of $167,560 million as of market close 2026-09-28 (stockanalysis.com). Under the commonly cited 30–33% threshold.

Cash / Market CapIndependently calculated: 0.37%. Cash and cash equivalents of $622 million at December 31, 2025, divided by the same $167,560 million market capitalization. Well under the commonly cited 30–33% threshold.

Non-Permissible Income**Requires verification.** Eaton discloses only a combined “Interest expense – net” line ($241 million for fiscal 2025) with no separate gross interest-income figure anywhere in the 10-K. Since this line is a net expense, Eaton’s true interest income must be smaller than its gross interest expense, but SaGeminieTech could not derive the exact figure from public disclosure. Zoya’s public page states $0 interest income, which is plausible for an industrial company with only $622 million of cash but is not independently confirmed. This ratio is not asserted compliant or non-compliant on this page.

Business ActivityElectrical, aerospace and mobility power-management products and systems. No lending, conventional banking, insurance, gambling or alcohol-related activity was found in the 10-K’s description of the business.

Screening BasisAAOIFI Standard (per Zoya’s and Musaffa’s stated methodologies). Debt and cash ratios were cross-checked here against Eaton’s own fiscal 2025 Form 10-K, SEC XBRL data and a same-day market-capitalization snapshot; the non-permissible-income ratio could not be cross-checked due to incomplete public disclosure, as explained above.

Last ReviewedMusaffa last updated September 2026; both provider pages were read on 2026-09-29. The debt and cash figures were independently recalculated from the 10-K, SEC XBRL data and a 2026-09-28 market-capitalization snapshot as shown above.

Eaton Corporation plc AAOIFI-style screening ratios — independently calculated where possible
Ratio	Numerator	Denominator	Result	Commonly cited threshold
Interest-bearing debt ÷ market capitalization	Long-term debt: $9,894 million, current + noncurrent (10-K, December 31, 2025)	Market capitalization: $167,560 million ([stockanalysis.com](https://stockanalysis.com/stocks/etn/), close 2026-09-28)	5.90%	< 30–33%
Cash ÷ market capitalization	Cash and cash equivalents: $622 million (10-K, December 31, 2025)	Market capitalization: $167,560 million ([stockanalysis.com](https://stockanalysis.com/stocks/etn/), close 2026-09-28)	0.37%	< 30–33%
Non-permissible (interest) income ÷ (revenue + interest income)	Requires verification — see note	Net sales: $27,448 million	Not calculable from public disclosure	< 5%

Eaton’s income statement discloses only a single combined line, “Interest expense – net,” of $241 million for fiscal 2025 (up from $130 million in fiscal 2024) — interest income is netted against interest expense with no gross interest-income figure disclosed anywhere in the filing. Because this is a net *expense* rather than net income, Eaton’s actual gross interest income must be smaller than its gross interest expense, but the exact figure cannot be derived from public disclosure. Zoya’s public page states $0 interest income for fiscal 2025, which SaGeminieTech considers unlikely though not disprovable from the filing text alone. This ratio is marked **requires verification** rather than calculated, consistent with the standing policy of not asserting a compliance conclusion when the underlying evidence is incomplete.

This snapshot is a screening summary for research purposes, not a certification of Shariah compliance and not investment or religious guidance. The debt and cash AAOIFI-style ratios were independently calculated and fall comfortably under commonly cited thresholds. **The non-permissible-income ratio could not be independently verified** because Eaton discloses interest income and interest expense only on a combined net basis with no gross interest-income figure — this sub-item is marked requires verification rather than assumed compliant. Market capitalization changes daily and these figures should be recalculated before relying on them. Confirm the latest status directly with Zoya, with Musaffa, or with a qualified Shariah adviser before relying on any compliance conclusion.

Key Investor Considerations for Eaton Corporation plc

Potential Strengths

Net sales of $27,448 million in fiscal 2025, up from $24,878 million in fiscal 2024 and $23,196 million in fiscal 2023 (company-reported)
Net income attributable to Eaton ordinary shareholders grew from $3,218 million in fiscal 2023 to $4,087 million in fiscal 2025 (company-reported)
Electrical Americas, Eaton’s largest segment, grew net sales from $10,098 million in fiscal 2023 to $13,276 million in fiscal 2025, benefiting from data-center and electrification demand
Diversified across five business segments and five geographic regions, with no single region above roughly 62% of fiscal 2025 net sales
Actively expanding data-center-adjacent power infrastructure through recent acquisitions (Fibrebond, Resilient Power Systems)

Material Risks

Interest-bearing debt: $9,894 million (current + noncurrent) at December 31, 2025, with fiscal 2025 interest expense – net of $241 million, up from $130 million in fiscal 2024
Cash of only $622 million relative to Eaton’s scale means the company relies on operating cash flow and debt markets for liquidity
Eaton’s announced spin-off of its Mobility business (Vehicle and eMobility segments, 11% of fiscal 2025 net sales) will change its reported segment structure and business mix going forward, adding execution and transition risk
Eaton’s combined interest income/expense disclosure prevented SaGeminieTech from independently verifying the non-permissible-income AAOIFI ratio for this page
Revenue is exposed to industrial, construction, utility and aerospace capital-spending cycles, which can be cyclical

Frequently Asked Questions

What does Eaton do?

Eaton is an intelligent power management company making products for the data center, utility, industrial, commercial, aerospace and mobility markets, according to its fiscal 2025 Form 10-K.

On which exchange is Eaton listed?

Eaton’s common stock trades on the New York Stock Exchange under the ticker symbol ETN, as confirmed against the SEC’s ticker-and-exchange listing.

How many business segments does Eaton have?

As reported in the fiscal 2025 10-K, Eaton operated five segments: Electrical Americas, Electrical Global, Aerospace, Vehicle and eMobility. Following a January 2026 announcement, Eaton intends to spin off the Vehicle and eMobility segments (as a combined Mobility business) into an independent, publicly traded company, and re-segmented its reporting in the first quarter of fiscal 2026.

Is Eaton profitable?

Yes. Eaton reported net income attributable to Eaton ordinary shareholders of $4,087 million in fiscal 2025, up from $3,794 million in fiscal 2024 and $3,218 million in fiscal 2023.

Does Eaton carry debt?

Yes. Eaton has $9,894 million of long-term debt (current and noncurrent combined) as of December 31, 2025.

Is Eaton stock currently Shariah compliant?

Zoya screens ETN as Shariah-compliant and Musaffa classifies it as HALAL, both under AAOIFI-based methodologies (checked 2026-09-29). SaGeminieTech independently calculated the debt and cash AAOIFI-style ratios from the 10-K and a same-day market-capitalization snapshot (5.90% and 0.37% respectively, both under thresholds), but **could not independently verify the non-permissible-income ratio** because Eaton discloses interest income and expense only on a combined net basis with no gross interest-income figure. This specific ratio is marked requires verification rather than asserted compliant — check a current, named screening source with access to non-public detail, or a qualified Shariah adviser, before relying on any status.

Conclusion

Eaton is an intelligent power management company whose fiscal 2025 net sales of $27,448 million and net income of $4,087 million (company-reported) reflect growth across its Electrical Americas, Electrical Global and Aerospace segments, particularly from data-center and electrification demand, alongside a January 2026 announcement that it intends to spin off its Mobility business (Vehicle and eMobility segments) as an independent, publicly traded company. That growth profile comes with $9,894 million of interest-bearing debt and a relatively small cash balance typical of an industrial business of Eaton’s scale. SaGeminieTech independently verified Eaton’s debt and cash AAOIFI-style ratios against its own SEC filings and a same-day market-capitalization snapshot, both comfortably under typical thresholds, but could not independently verify the non-permissible-income ratio because Eaton’s public disclosure combines interest income and interest expense into a single net line without a gross interest-income figure — that specific item is marked requires verification rather than assumed compliant. The tools on this page — charts, financials, technical indicators and news — support ongoing research into Eaton, but they do not replace a review of its official filings or independent financial, legal, tax or Shariah advice.

This page is informational and is not investment advice, a recommendation to buy, sell or hold any security, or a prediction of future returns. See SaGeminieTech’s Disclaimer.

Eaton Corporation plc (ETN) – Company Overview, Business Model & Stock Analysis