Eaton Corp plc(ETN)Stock Analysis
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This company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. Rankings refresh on Jan 1, Apr 1, Jul 1, Oct 1.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
ETN Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Eaton Corp plc (ETN), a Industrials sector company. ETN is not currently included in 13F Pro's AI-ranked quality universe — this company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. rankings refresh on jan 1, apr 1, jul 1, oct 1. Based on the latest XBRL financial filings (Q1 2026), Eaton Corp plc reports quarterly revenue of $7.5B, net income of $866.0M, an operating margin of 14.9%. Top institutional holders of ETN by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. ETN trades on the NYSE exchange and files with the SEC under CIK 1551182. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ETN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Eaton Corp plc directly from SEC EDGAR.
Revenue
Q1 2026
$7.5B
Net Income
Q1 2026
$866.0M
Free Cash Flow
Q1 2026
$314.0M
Operating Margin
Q1 2026
14.9%
D/E Ratio
Q1 2026
1.08
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+18.3% YoYNet Income
+27.0% YoYOperating Income
EPS (Diluted)
+30.3% YoYTotal Assets
+7.3% YoYTotal Debt
+7.2% YoYOp. Cash Flow
+23.4% YoY| Metric | FY 2025 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $27.45B +18.3% | $23.20B +11.8% | $20.75B +5.7% | $19.63B +9.9% | $17.86B -16.5% | $21.39B |
| Net Income | $4.09B +27.0% | $3.22B +30.7% | $2.46B +14.8% | $2.14B +52.1% | $1.41B -36.2% | $2.21B |
| Operating Income | — | — | — | — | — | $3.67B |
| EPS (Diluted) | $10.45 +30.3% | $8.02 +30.6% | $6.14 +15.0% | $5.34 +53.0% | $3.49 -33.5% | $5.25 |
| Total Assets | $41.25B +7.3% | $38.43B +9.8% | $35.01B +2.9% | $34.03B +6.9% | $31.82B -3.0% | $32.80B |
| Total Debt | $11.03B +7.2% | $10.29B +18.7% | $8.66B -16.0% | $10.31B +13.3% | $9.11B +6.2% | $8.57B |
| Operating Cash Flow | $4.47B +23.4% | $3.62B +43.1% | $2.53B +17.1% | $2.16B -26.5% | $2.94B -14.7% | $3.45B |
AI Insight: ETN Financial Trends
Revenue grew 17% year-over-year to $7,451M in Q1 2026, but net income collapsed 10% and debt surged 81% to $21,213M, signaling an aggressive acquisition or restructuring.
• Revenue expanded from $6,377M (Q1 2025) to $7,451M (Q1 2026), +17% YoY growth sustained across 2025.
• Operating cash flow recovered to $1,965M in Q4 2025, highest in trailing 8 quarters, before dropping to $507M in Q1 2026.
• Total debt jumped $9,467M (81%) from Q4 2025 ($11,031M) to Q1 2026 ($21,213M) while equity rose only $296M.
⚠ Net income fell to $866M in Q1 2026 from $1,132M in Q4 2025 (−23% sequential), despite 6% revenue growth.
⚠ Debt-to-equity ratio deteriorated sharply to 1.08x in Q1 2026 from 0.57x in Q4 2025; leverage at 8-quarter high.
AI Insight: ETN Ratio Trends
Profitability and capital efficiency collapsed in Q1 2026, with operating margin dropping 340bp and ROIC falling to 10.8%, the lowest in two years.
• Operating margin fell from 18.4% in Q4 2025 to 14.9% in Q1 2026, a sharp 350bp decline. Net profit margin compressed 45bp to 11.6%.
• ROIC deteriorated from 17.0% in Q4 2025 to 10.8% in Q1 2026, the weakest quarter since Q2 2024. ROA dropped 470bp to 6.3%.
• Leverage spiked: D/E ratio nearly doubled from 0.57 in Q4 2025 to 1.08 in Q1 2026, matching TTM average and signaling balance-sheet strain.
⚠ Q1 2026 marks the first material margin miss after three consecutive quarters above 18%. Determine if this is seasonal or structural.
⚠ ROE held at 17.6% despite profitability collapse, suggesting earnings were book-value-neutral but cash generation deteriorated sharply.
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Available Research
13F Pro tracks comprehensive data for Eaton Corp plc including:
Top Institutional Holders of ETN
BlackRock, Inc.
$10.9B30,544,170 shVANGUARD CAPITAL MANAGEMENT LLC
$9.0B25,246,116 shSTATE STREET CORP
$6.1B16,976,823 shMORGAN STANLEY
$4.7B13,111,623 shBANK OF AMERICA CORP /DE/
$4.3B12,083,030 shVANGUARD PORTFOLIO MANAGEMENT LLC
$3.3B9,185,593 shGEODE CAPITAL MANAGEMENT, LLC
$3.2B8,852,541 shFMR LLC
$3.0B8,442,254 shWELLINGTON MANAGEMENT GROUP LLP
$2.0B5,706,699 shRAYMOND JAMES FINANCIAL INC
$2.0B5,515,091 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $10.9B | 30,544,170 |
| VANGUARD CAPITAL MANAGEMENT LLC | $9.0B | 25,246,116 |
| STATE STREET CORP | $6.1B | 16,976,823 |
| MORGAN STANLEY | $4.7B | 13,111,623 |
| BANK OF AMERICA CORP /DE/ | $4.3B | 12,083,030 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $3.3B | 9,185,593 |
| GEODE CAPITAL MANAGEMENT, LLC | $3.2B | 8,852,541 |
| FMR LLC | $3.0B | 8,442,254 |
| WELLINGTON MANAGEMENT GROUP LLP | $2.0B | 5,706,699 |
| RAYMOND JAMES FINANCIAL INC | $2.0B | 5,515,091 |
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Popular Research
Is ETN a good stock to buy?
13F Pro's AI-powered analysis of Eaton Corp plc (ETN) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ETN are available on the ETN stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own ETN?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ETN. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Eaton Corp plc's investment landscape.