Eaton annual free cash flow
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Eaton Free Cash Flow (FCF) History (ETN)
Eaton reported $3.55B in free cash flow for fiscal 2025, an increase of 0.97% from the previous fiscal year, with a free cash flow margin of 12.94%.
View full Eaton company overviewEaton free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.55B | $34.0M | +0.97% | +12.94% |
| 2024 | 2024-12-31 | $3.52B | $652.0M | +22.74% | +14.15% |
| 2023 | 2023-12-31 | $2.87B | $932.0M | +48.17% | +12.36% |
| 2022 | 2022-12-31 | $1.94B | $347.0M | +21.85% | +9.32% |
| 2021 | 2021-12-31 | $1.59B | −$967.0M | −37.85% | +8.09% |
| 2020 | 2020-12-31 | $2.56B | −$309.0M | −10.79% | +14.31% |
| 2019 | 2019-12-31 | $2.86B | $771.0M | +36.84% | +13.39% |
| 2018 | 2018-12-31 | $2.09B | −$53.0M | −2.47% | +9.69% |
| 2017 | 2017-12-31 | $2.15B | $73.0M | +3.52% | +10.52% |
| 2016 | 2016-12-31 | $2.07B | $170.0M | +8.93% | +10.50% |
| 2015 | 2015-12-31 | $1.90B | $657.0M | +52.73% | — |
| 2014 | 2014-12-31 | $1.25B | −$425.0M | −25.43% | — |
| 2013 | 2013-12-31 | $1.67B | $600.0M | +56.02% | — |
| 2012 | 2012-12-31 | $1.07B | $391.0M | +57.50% | — |
| 2011 | 2011-12-31 | $680.0M | −$208.0M | −23.42% | — |
| 2010 | 2010-12-31 | $888.0M | — | — | +6.47% |
Eaton quarterly free cash flow
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $874.0M | $158.0M | +22.07% | +10.24% |
| Q1 2026 | 2026-03-31 | $314.0M | $223.0M | +245.05% | +4.21% |
| Q4 2025 | 2025-12-31 | $1.57B | $231.0M | +17.21% | +22.30% |
| Q3 2025 | 2025-09-30 | $1.17B | $47.0M | +4.17% | +16.79% |
| Q2 2025 | 2025-06-30 | $716.0M | −$43.0M | −5.67% | +10.19% |
| Q1 2025 | 2025-03-31 | $91.0M | −$201.0M | −68.84% | +1.43% |
| Q4 2024 | 2024-12-31 | $1.34B | $287.0M | +27.20% | +21.51% |
| Q3 2024 | 2024-09-30 | $1.13B | $213.0M | +23.33% | +17.75% |
| Q2 2024 | 2024-06-30 | $759.0M | $69.0M | +10.00% | +11.95% |
| Q1 2024 | 2024-03-31 | $292.0M | $83.0M | +39.71% | +4.91% |
| Q4 2023 | 2023-12-31 | $1.05B | $78.0M | +7.98% | +17.68% |
| Q3 2023 | 2023-09-30 | $913.0M | $83.0M | +10.00% | +15.53% |
| Q2 2023 | 2023-06-30 | $690.0M | $489.0M | +243.28% | +11.76% |
| Q1 2023 | 2023-03-31 | $209.0M | $282.0M | — | +3.81% |
| Q4 2022 | 2022-12-31 | $977.0M | $345.0M | +54.59% | +18.15% |
| Q3 2022 | 2022-09-30 | $830.0M | $499.0M | +150.76% | +15.62% |
| Q2 2022 | 2022-06-30 | $201.0M | −$283.0M | −58.47% | +3.86% |
| Q1 2022 | 2022-03-31 | −$73.0M | −$214.0M | — | −1.51% |
| Q4 2021 | 2021-12-31 | $632.0M | −$213.0M | −25.21% | +13.17% |
| Q3 2021 | 2021-09-30 | $331.0M | −$501.0M | −60.22% | +6.72% |
| Q2 2021 | 2021-06-30 | $484.0M | −$183.0M | −27.44% | +9.28% |
| Q1 2021 | 2021-03-31 | $141.0M | −$70.0M | −33.18% | +3.01% |
| Q4 2020 | 2020-12-31 | $845.0M | $54.0M | +6.83% | +18.03% |
| Q3 2020 | 2020-09-30 | $832.0M | −$108.0M | −11.49% | +18.38% |
| Q2 2020 | 2020-06-30 | $667.0M | −$64.0M | −8.76% | +17.30% |
| Q1 2020 | 2020-03-31 | $211.0M | −$191.0M | −47.51% | +4.41% |
| Q4 2019 | 2019-12-31 | $791.0M | $125.0M | +18.77% | +15.10% |
| Q3 2019 | 2019-09-30 | $940.0M | $71.0M | +8.17% | +17.69% |
| Q2 2019 | 2019-06-30 | $731.0M | $381.0M | +108.86% | +13.21% |
| Q1 2019 | 2019-03-31 | $402.0M | $194.0M | +93.27% | +7.58% |
| Q4 2018 | 2018-12-31 | $666.0M | −$44.0M | −6.20% | +12.20% |
| Q3 2018 | 2018-09-30 | $869.0M | $224.0M | +34.73% | +16.06% |
| Q2 2018 | 2018-06-30 | $350.0M | −$94.0M | −21.17% | +6.38% |
| Q1 2018 | 2018-03-31 | $208.0M | −$139.0M | −40.06% | +3.96% |
| Q4 2017 | 2017-12-31 | $710.0M | $223.0M | +45.79% | +13.62% |
| Q3 2017 | 2017-09-30 | $645.0M | −$54.0M | −7.73% | +12.38% |
| Q2 2017 | 2017-06-30 | $444.0M | −$166.0M | −27.21% | +8.65% |
| Q1 2017 | 2017-03-31 | $347.0M | $70.0M | +25.27% | +7.16% |
| Q4 2016 | 2016-12-31 | $487.0M | −$155.0M | −24.14% | +10.01% |
| Q3 2016 | 2016-09-30 | $699.0M | −$152.0M | −17.86% | +14.02% |
| Q2 2016 | 2016-06-30 | $610.0M | $172.0M | +39.27% | +12.01% |
| Q1 2016 | 2016-03-31 | $277.0M | $305.0M | — | +5.76% |
| Q4 2015 | 2015-12-31 | $642.0M | −$48.0M | −6.96% | — |
| Q3 2015 | 2015-09-30 | $851.0M | $704.0M | +478.91% | +16.36% |
| Q2 2015 | 2015-06-30 | $438.0M | −$69.0M | −13.61% | +8.15% |
| Q1 2015 | 2015-03-31 | −$28.0M | $70.0M | — | −0.54% |
| Q4 2014 | 2014-12-31 | $690.0M | $60.0M | +9.52% | — |
| Q2 2014 | 2014-09-30 | $147.0M | −$436.0M | −74.79% | +2.57% |
| Q1 2014 · Jun 30 | 2014-06-30 | $507.0M | $27.0M | +5.63% | +8.79% |
| Q1 2014 · Mar 31 | 2014-03-31 | −$98.0M | −$76.0M | — | −1.78% |
| Q4 2013 | 2013-12-31 | $630.0M | — | — | — |
| Q3 2013 | 2013-09-30 | $583.0M | — | — | +10.40% |
| Q2 2013 | 2013-06-30 | $480.0M | $137.0M | +39.94% | +8.57% |
| Q1 2013 | 2013-03-31 | −$22.0M | $181.0M | — | −0.41% |
| Q2 2012 | 2012-06-30 | $343.0M | — | — | +8.43% |
| Q1 2012 | 2012-03-31 | −$203.0M | — | — | −5.13% |
Eaton free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $2.56B to $3.55B, a compound annual growth rate of 6.82%. Eaton's latest reported quarter, Q2 2026, generated $874.0M in free cash flow, an increase of 22.07% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Eaton source filings ↗Community posts
Eaton agrees to acquire COL Group for €810 million
Eaton ($ETN) signed an agreement to acquire COL Group from Oaktree’s Power Opportunities business at an enterprise value of €810 million. The Italian manufacturer supplies medium-voltage switchgear, grid-automation systems and modular power ...
