Eaton Corporation plc (ETN)

Solvency & Capital Structure

Total Debt

$21.33B

Net Debt

$20.63B

Eaton Corporation plc currently has $21.33B in total debt. Net debt is $20.63B after cash offsets.

Financial Fundamentals

ETN • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	21.33	0.69	20.63	56.18	38.0%
2026-03-31	21.83	0.75	21.08	55.09	39.6%
2025-12-31	11.17	0.80	10.37	41.25	27.1%
2025-09-30	11.22	0.56	10.66	40.65	27.6%
2025-06-30	11.58	0.58	11.00	40.51	28.6%
2025-03-31	10.75	1.94	8.81	39.21	27.4%
2024-12-31	9.82	2.08	7.74	38.38	25.6%
2024-09-30	10.08	1.99	8.08	39.24	25.7%
2024-06-30	10.49	2.78	7.71	39.38	26.6%
2024-03-31	9.79	2.44	7.35	38.53	25.4%
2023-12-31	9.80	2.61	7.19	38.43	25.5%
2023-09-30	9.63	1.91	7.73	37.29	25.8%
2023-06-30	9.78	1.33	8.45	36.77	26.6%
2023-03-31	9.26	0.52	8.74	35.52	26.1%
2022-12-31	9.11	0.56	8.56	35.03	26.0%
2022-09-30	9.46	0.52	8.94	34.36	27.5%
2022-06-30	10.09	0.62	9.46	35.15	28.7%
2022-03-31	9.95	0.51	9.44	35.21	28.3%
2021-12-31	8.92	0.57	8.35	34.03	26.2%
2021-09-30	9.41	0.66	8.75	34.13	27.6%
2021-06-30	12.47	0.54	11.93	36.80	33.9%
2021-03-31	10.49	1.30	9.19	34.08	30.8%
2020-12-31	8.38	1.10	7.28	31.82	26.3%
2020-09-30	8.52	0.76	7.76	30.98	27.5%
2020-06-30	8.59	0.50	8.09	30.35	28.3%
2020-03-31	8.76	0.42	8.35	30.84	28.4%
2019-12-31	8.65	0.59	8.06	32.80	26.4%
2019-09-30	8.35	0.83	7.52	31.89	26.2%
2019-06-30	8.40	0.80	7.60	32.24	26.0%
2019-03-31	7.87	0.45	7.43	31.65	24.9%
2018-12-31	7.52	0.44	7.08	31.09	24.2%
2018-09-30	7.25	0.51	6.74	31.63	22.9%
2018-06-30	7.68	0.49	7.19	31.86	24.1%
2018-03-31	7.88	0.83	7.05	32.67	24.1%
2017-12-31	7.75	1.09	6.66	32.60	23.8%
2017-09-30	8.77	1.63	7.14	32.73	26.8%
2017-06-30	8.61	0.84	7.77	31.36	27.4%
2017-03-31	8.21	0.52	7.69	30.61	26.8%
2016-12-31	8.28	0.75	7.53	30.42	27.2%
2016-09-30	8.43	0.71	7.72	31.24	27.0%
2016-06-30	8.41	0.47	7.95	31.15	27.0%
2016-03-31	8.64	0.57	8.07	31.58	27.4%
2015-12-31	8.45	0.45	8.00	31.03	27.2%
2015-09-30	8.67	0.57	8.10	32.20	26.9%
2015-06-30	8.75	0.43	8.32	32.58	26.9%
2015-03-31	9.34	0.80	8.54	32.70	28.6%
2014-12-31	9.03	1.03	8.01	33.53	26.9%
2014-09-30	9.00	0.99	8.01	34.24	26.3%
2014-06-30	9.03	1.26	7.77	35.26	25.6%
2014-03-31	9.31	1.14	8.17	35.26	26.4%
2013-12-31	9.55	1.71	7.84	35.49	26.9%
2013-09-30	9.69	1.34	8.35	35.31	27.4%
2013-06-30	9.76	1.00	8.76	35.26	27.7%
2013-03-31	10.13	1.04	9.09	34.98	29.0%
2012-12-31	10.83	1.10	9.73	36.28	29.9%
2012-09-30	4.11	1.04	3.06	18.80	21.8%
2012-06-30	4.37	1.18	3.20	18.55	23.6%
2012-03-31	3.75	0.81	2.94	17.99	20.8%
2011-12-31	3.77	1.08	2.69	17.87	21.1%
2011-09-30	3.77	0.81	2.96	17.63	21.4%
2011-06-30	3.77	0.88	2.88	18.12	20.8%
2011-03-31	3.45	0.70	2.75	17.34	19.9%
2010-12-31	3.46	1.17	2.29	17.25	20.0%
2010-09-30	3.50	0.89	2.62	17.02	20.6%
2010-06-30	3.48	0.79	2.69	15.93	21.8%
2010-03-31	3.44	0.49	2.95	15.85	21.7%
2009-12-31	3.47	0.77	2.69	16.28	21.3%
2009-09-30	3.78	0.67	3.12	16.50	22.9%
2009-06-30	4.04	0.58	3.46	16.19	25.0%
2009-03-31	4.19	0.43	3.75	16.00	26.2%
2008-12-31	4.27	0.53	3.74	16.66	25.6%
2008-09-30	4.36	0.46	3.90	16.97	25.7%
2008-06-30	4.64	0.72	3.93	17.92	25.9%
2008-03-31	4.17	0.58	3.58	14.65	28.4%
2007-12-31	3.42	0.65	2.77	13.43	25.4%
2007-09-30	3.10	0.74	2.36	12.74	24.3%
2007-06-30	3.28	0.49	2.78	12.42	26.4%
2007-03-31	3.29	0.42	2.87	12.24	26.9%
2006-12-31	2.59	0.79	1.80	11.42	22.7%
2006-09-30	2.47	0.70	1.77	11.25	22.0%
2006-06-30	2.42	0.48	1.94	10.88	22.3%
2006-03-31	2.63	0.44	2.19	10.69	24.6%
2005-12-31	2.46	0.34	2.13	10.22	24.1%
2005-09-30	2.14	0.34	1.80	9.75	22.0%
2005-06-30	2.21	0.45	1.77	9.51	23.3%
2005-03-31	2.10	0.34	1.76	9.27	22.6%
2004-12-31	1.77	0.30	1.48	9.07	19.5%
2004-09-30	1.94	0.35	1.59	8.88	21.9%
2004-06-30	1.91	0.29	1.62	8.55	22.3%
2004-03-31	1.96	0.58	1.38	8.19	23.9%
2003-12-31	1.95	0.86	1.09	8.22	23.8%
2003-09-30	1.94	0.59	1.35	7.90	24.6%
2003-06-30	1.97	0.43	1.54	7.66	25.7%
2003-03-31	2.08	0.10	1.98	7.26	28.6%
2002-12-31	2.09	0.43	1.66	7.14	29.3%
2002-09-30	2.03	0.38	1.65	7.47	27.2%
2002-06-30	2.28	0.32	1.96	7.66	29.8%
2002-03-31	2.34	0.26	2.08	7.55	31.0%
2001-12-31	2.44	0.31	2.13	7.65	31.9%
2001-09-30	2.52	0.21	2.31	7.89	31.9%
2001-06-30	2.65	0.21	2.44	7.87	33.7%
2001-03-31	2.98	0.38	2.60	8.19	36.4%
2000-12-31	3.00	0.13	2.88	8.18	36.7%
2000-09-30	2.82	0.20	2.62	8.68	32.5%
2000-06-30	2.92	0.14	2.77	8.61	33.8%
2000-03-31	3.03	0.10	2.93	8.60	35.2%
1999-12-31	2.88	0.17	2.72	8.44	34.2%
1999-09-30	3.15	0.07	3.08	8.37	37.6%
1999-06-30	3.59	0.04	3.54	8.34	43.0%
1999-03-31	1.59	0.02	1.57	5.66	28.0%
1998-12-31	1.52	0.08	1.44	5.67	26.9%
1998-09-30	1.59	0.05	1.54	5.49	28.9%
1998-06-30	1.57	0.04	1.53	5.30	29.6%
1998-03-31	1.58	0.05	1.53	5.32	29.7%
1997-12-31	1.38	0.05	1.32	5.46	25.2%
1997-09-30	1.42	0.02	1.39	5.84	24.2%
1997-06-30	1.08	0.02	1.06	5.40	20.1%
1997-03-31	1.15	0.03	1.13	5.36	21.5%
1996-12-31	1.09	0.02	1.07	5.31	20.6%
1996-09-30	1.16	0.03	1.13	5.28	21.9%