Eaton Corporation plc
ETNFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
24,878
Cost of Revenue
15,379
Gross Profit
9,499
Gross Margin
38.2%
Operating Income
4,866
Operating Margin
19.6%
Net Income
3,794
Net Margin
15.3%
EPS (Basic)
$9.54
EPS (Diluted)
$9.50
EBITDA
5,631
EBITDA Margin
22.6%
2023
12/31/2023
Revenue
23,196
Cost of Revenue
14,763
Gross Profit
8,433
Gross Margin
36.4%
Operating Income
3,995
Operating Margin
17.2%
Net Income
3,218
Net Margin
13.9%
EPS (Basic)
$8.06
EPS (Diluted)
$8.02
EBITDA
4,961
EBITDA Margin
21.4%
2022
12/31/2022
Revenue
20,752
Cost of Revenue
13,846
Gross Profit
6,906
Gross Margin
33.3%
Operating Income
3,241
Operating Margin
15.6%
Net Income
2,462
Net Margin
11.9%
EPS (Basic)
$6.18
EPS (Diluted)
$6.14
EBITDA
3,953
EBITDA Margin
19.0%
2021
12/31/2021
Revenue
19,628
Cost of Revenue
13,313
Gross Profit
6,315
Gross Margin
32.2%
Operating Income
2,870
Operating Margin
14.6%
Net Income
2,144
Net Margin
10.9%
EPS (Basic)
$5.38
EPS (Diluted)
$5.34
EBITDA
3,962
EBITDA Margin
20.2%
2020
12/31/2020
Revenue
17,858
Cost of Revenue
12,413
Gross Profit
5,445
Gross Margin
30.5%
Operating Income
2,321
Operating Margin
13.0%
Net Income
1,410
Net Margin
7.9%
EPS (Basic)
$3.51
EPS (Diluted)
$3.49
EBITDA
2,778
EBITDA Margin
15.6%