Eaton (ETN) Revenue & Revenue Breakdown


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Eaton Revenue Highlights


Latest Revenue (Y)

$23.20B

Latest Revenue (Q)

$6.35B

Main Segment (Y)

Aerospace

Main Geography (Y)

Europe

Eaton Revenue by Period


Eaton Revenue by Year

DateRevenueChange
2023-12-31$23.20B11.78%
2022-12-31$20.75B5.73%
2021-12-31$19.63B9.91%
2020-12-31$17.86B-16.51%
2019-12-31$21.39B-1.01%
2018-12-31$21.61B5.91%
2017-12-31$20.40B3.33%
2016-12-31$19.75B-5.31%
2015-12-31$20.86B-7.52%
2014-12-31$22.55B2.30%
2013-12-31$22.05B35.16%
2012-12-31$16.31B1.63%
2011-12-31$16.05B17.02%
2010-12-31$13.71B15.51%
2009-12-31$11.87B-22.78%
2008-12-31$15.38B17.98%
2007-12-31$13.03B5.36%
2006-12-31$12.37B11.29%
2005-12-31$11.12B13.22%
2004-12-31$9.82B21.78%
2003-12-31$8.06B11.82%
2002-12-31$7.21B-1.23%
2001-12-31$7.30B-12.16%
2000-12-31$8.31B-1.11%
1999-12-31$8.40B26.82%
1998-12-31$6.63B-12.40%
1997-12-31$7.56B8.65%
1996-12-31$6.96B2.04%
1995-12-31$6.82B12.72%
1994-12-31$6.05B37.51%
1993-12-31$4.40B-

Eaton generated $23.20B in revenue during NA 2023, up 11.78% compared to the previous quarter, and up 107.34% compared to the same period a year ago.

Eaton Revenue by Quarter

DateRevenueChange
2024-06-30$6.35B6.85%
2024-03-31$5.94B-0.40%
2023-12-31$5.97B1.48%
2023-09-30$5.88B0.24%
2023-06-30$5.87B6.99%
2023-03-31$5.48B1.84%
2022-12-31$5.38B1.34%
2022-09-30$5.31B1.94%
2022-06-30$5.21B7.62%
2022-03-31$4.84B0.94%
2021-12-31$4.80B-2.54%
2021-09-30$4.92B-5.60%
2021-06-30$5.21B11.15%
2021-03-31$4.69B0.11%
2020-12-31$4.69B3.56%
2020-09-30$4.53B17.38%
2020-06-30$3.86B-19.48%
2020-03-31$4.79B-8.57%
2019-12-31$5.24B-1.43%
2019-09-30$5.31B-3.96%
2019-06-30$5.53B4.30%
2019-03-31$5.30B-2.82%
2018-12-31$5.46B0.87%
2018-09-30$5.41B-1.37%
2018-06-30$5.49B4.49%
2018-03-31$5.25B0.73%
2017-12-31$5.21B0.04%
2017-09-30$5.21B1.54%
2017-06-30$5.13B5.86%
2017-03-31$4.85B-0.39%
2016-12-31$4.87B-2.41%
2016-09-30$4.99B-1.83%
2016-06-30$5.08B5.55%
2016-03-31$4.81B-4.82%
2015-12-31$5.06B-2.81%
2015-09-30$5.20B-3.15%
2015-06-30$5.37B2.85%
2015-03-31$5.22B-6.15%
2014-12-31$5.57B-2.85%
2014-09-30$5.73B-0.68%
2014-06-30$5.77B5.01%
2014-03-31$5.49B-0.63%
2013-12-31$5.53B-1.43%
2013-09-30$5.61B0.09%
2013-06-30$5.60B5.50%
2013-03-31$5.31B22.55%
2012-12-31$4.33B9.70%
2012-09-30$3.95B-2.90%
2012-06-30$4.07B2.73%
2012-03-31$3.96B-1.81%
2011-12-31$4.03B-2.18%
2011-09-30$4.12B0.81%
2011-06-30$4.09B7.55%
2011-03-31$3.80B3.82%
2010-12-31$3.66B2.58%
2010-09-30$3.57B5.71%
2010-06-30$3.38B8.86%
2010-03-31$3.10B-0.89%
2009-12-31$3.13B3.40%
2009-09-30$3.03B4.38%
2009-06-30$2.90B3.13%
2009-03-31$2.81B-19.33%
2008-12-31$3.49B-15.24%
2008-09-30$4.11B-3.86%
2008-06-30$4.28B22.40%
2008-03-31$3.50B-

Eaton generated $6.35B in revenue during Q2 2024, up 6.85% compared to the previous quarter, and up 115.81% compared to the same period a year ago.

Eaton Revenue Breakdown


Eaton Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
eMobility Segment$636.00M$538.00M$343.00M$292.00M-
Aerospace$3.41B$2.04B---
Hydraulics-$2.55B---
Vehicle Segment$2.96B$1.09B$1.14B$1.06B-
Aerospace Segment-$1.21B$1.02B$986.00M-
Electrical Global Segment-$2.42B$2.23B$2.10B-
Hydraulics Segment--$534.00M$796.00M-
eMobility----$321.00M
Electrical Systems and Services----$6.29B
Electrical Products----$7.15B
Vehicle----$3.04B

Eaton's latest annual revenue breakdown by segment (product or service), as of Dec 23: Aerospace (48.66%), Vehicle Segment (42.27%), and eMobility Segment (9.07%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
eMobility Segment$189.00M$158.00M$165.00M$163.00M$161.00M$147.00M$139.00M$137.00M$136.00M$126.00M$88.00M$84.00M$88.00M$83.00M------
Aerospace$955.00M$871.00M$895.00M$540.00M$461.00M$680.00M$512.00M$513.00M$517.00M-----------
Vehicle Segment$723.00M$724.00M$722.00M$753.00M$751.00M$739.00M$707.00M$744.00M$708.00M$671.00M$610.00M$640.00M$675.00M$654.00M------
Electrical Global Segment---$1.50B$1.57B$1.50B$1.43B$1.49B$1.50B$1.44B$1.42B$1.42B$1.42B$1.25B------
Aerospace Segment---$867.00M$848.00M$803.00M$812.00M$768.00M$742.00M$718.00M$759.00M$745.00M$625.00M$519.00M------
Hydraulics Segment-----------$179.00M$560.00M$561.00M------
eMobility--------------$79.00M$56.00M$72.00M$75.00M$79.00M$84.00M
Electrical Global--------------$1.20B$1.11B$1.14B---
Hydraulics--------------$439.00M$411.00M$507.00M$565.00M$603.00M$698.00M
Vehicle--------------$573.00M$327.00M$598.00M$664.00M$761.00M$803.00M
Electrical Systems and Services-----------------$1.67B$1.57B$1.58B
Electrical Products-----------------$1.75B$1.79B$1.85B

Eaton's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Aerospace (51.15%), Vehicle Segment (38.73%), and eMobility Segment (10.12%).

Eaton Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Asia Pacific$2.29B$2.19B$2.53B$2.30B$2.49B
Latin America$1.55B$1.50B$1.16B$939.00M$1.31B
Europe$4.34B$3.96B$4.28B$3.82B$4.31B
CANADA$949.00M$754.00M$797.00M$757.00M$941.00M

Eaton's latest annual revenue breakdown by geography, as of Dec 23: Europe (47.55%), Asia Pacific (25.07%), Latin America (16.98%), and CANADA (10.40%).

Quarterly Revenue by Country

CountrySep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20Mar 19Dec 18Sep 18Jun 18Mar 18
Electrical Americas Segment$2.59B$1.78B$1.58B$1.60B$1.44B$1.44B$1.29B$1.33B$1.26B$1.29B$1.10B--------
Electrical Americas-----------$1.14B$1.05B$1.06B-----
UNITED STATES--------------$290.00M$283.00M$301.00M$309.00M$297.00M
Countries Other Than The United States--------------$396.00M$370.00M$369.00M$414.00M$413.00M

Eaton's latest quarterly revenue breakdown by geography, as of Sep 23: Electrical Americas Segment (100.00%).

Eaton Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CMICummins$34.06B$15.40B
ETNEaton$23.20B$6.35B
PHParker-Hannifin$19.93B$5.07B
ITWIllinois Tool Works$16.11B$4.03B
EMREmerson Electric$15.16B$4.38B
DOVDover$8.44B$2.18B
IRIngersoll Rand$6.88B$1.81B
PNRPentair$4.10B$1.10B

ETN Revenue FAQ


Eaton's yearly revenue for 2023 was $23.2B, representing an increase of 11.78% compared to 2022. The company's yearly revenue for 2022 was $20.75B, representing an increase of 5.73% compared to 2021. ETN's yearly revenue for 2021 was $19.63B, representing an increase of 9.91% compared to 2020.

Eaton's quarterly revenue for Q2 2024 was $6.35B, a 6.85% increase from the previous quarter (Q1 2024), and a 8.25% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $5.94B, a -0.40% decrease from the previous quarter (Q4 2023), and a 8.39% increase year-over-year (Q1 2023). ETN's quarterly revenue for Q4 2023 was $5.97B, a 1.48% increase from the previous quarter (Q3 2023), and a 10.83% increase year-over-year (Q4 2022).

Eaton's revenue growth rate for the last 3 years (2021-2023) was 18.18%, and for the last 5 years (2019-2023) was 8.44%.

Eaton's revenue streams in c 23 are eMobility Segment, Aerospace, and Vehicle Segment. eMobility Segment generated $636M in revenue, accounting 9.07% of the company's total revenue, up 18.22% year-over-year. Aerospace generated $3.41B in revenue, accounting 48.66% of the company's total revenue, up 66.98% year-over-year. Vehicle Segment generated $2.96B in revenue, accounting 42.27% of the company's total revenue, up 171.02% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Eaton was Aerospace. This segment made a revenue of $3.41B, representing 48.66% of the company's total revenue.