Eaton annual free cash flow
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2025
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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Q2.25
Q3.25
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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% | — |
| Q3 2014 | 2014-09-30 | $147.0M | −$436.0M | −74.79% | +2.57% |
| Q2 2014 | 2014-06-30 | $507.0M | $27.0M | +5.63% | +8.79% |
| Q1 2014 | 2014-03-31 | −$98.0M | −$76.0M | — | −1.78% |
| Q4 2013 | 2013-12-31 | $630.0M | $287.0M | +83.67% | — |
| Q3 2013 | 2013-09-30 | $583.0M | $786.0M | — | +10.40% |
| Q2 2013 | 2013-06-30 | $480.0M | — | — | +8.57% |
| Q1 2013 | 2013-03-31 | −$22.0M | — | — | −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 SEC-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 filings at SEC.gov ↗