Eaton Historical Income Statement

ETN Stock

USD 320.50 6.17 1.96%

Historical analysis of Eaton PLC income statement accounts such as Gross Profit of 24.4 B or Other Operating Expenses of 4.3 B can show how well Eaton PLC performed in making a profits. Evaluating Eaton PLC income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Eaton PLC's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Eaton PLC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Eaton PLC is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.

About Eaton Income Statement Analysis

Eaton PLC Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Eaton PLC shareholders. The income statement also shows Eaton investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Eaton PLC Income Statement Chart

Eaton PLC Income Statement is one of the three primary financial statements used for reporting Eaton's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Eaton PLC revenue and expense. Eaton PLC Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Eaton PLC's Net Income is very stable compared to the past year. As of the 4th of May 2024, Income Tax Expense is likely to grow to about 634.2 M, though Depreciation And Amortization is likely to grow to (59.9 M).

Gross Profit Other Operating Expenses Operating Income Extraordinary Items

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Eaton PLC minus its cost of goods sold. It is profit before Eaton PLC operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Eaton PLC. It is also known as Eaton PLC overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Eaton PLC operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Eaton PLC is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Eaton PLC's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Eaton PLC current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.At this time, Eaton PLC's Net Income is very stable compared to the past year. As of the 4th of May 2024, Income Tax Expense is likely to grow to about 634.2 M, though Depreciation And Amortization is likely to grow to (59.9 M).

	2021	2022	2023	2024 (projected)
Gross Profit	6.3B	6.9B	23.2B	24.4B
Total Revenue	19.6B	20.8B	23.2B	12.9B

Gross Profit Total Revenue

Eaton PLC income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Selling General Administrative	Minority Interest	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items	Selling And Marketing Expenses
Depreciation And Amortization		0.56	0.58	-0.63	0.98	-0.27	-0.49	-0.14	0.64	0.59	-0.17	0.28	-0.11	-0.34	0.41	0.51	0.26	0.0	0.27	-0.11	-0.17	0.34	-0.22	-0.4	0.75	0.75
Interest Expense	0.56		0.7	0.07	0.61	0.42	0.2	0.47	0.72	0.74	0.31	-0.08	0.42	-0.17	0.63	0.74	0.27	0.44	0.23	-0.32	-0.05	0.31	-0.32	-0.08	0.1	0.1
Total Revenue	0.58	0.7		0.16	0.66	0.45	0.28	0.57	0.99	0.99	0.46	0.08	0.54	0.05	0.94	0.95	0.08	0.51	0.23	-0.37	0.23	-0.05	0.02	-0.12	0.18	0.18
Gross Profit	-0.63	0.07	0.16		-0.55	0.85	0.95	0.82	0.1	0.15	0.79	-0.18	0.78	0.57	0.34	0.27	-0.21	0.53	-0.02	-0.36	0.48	-0.52	0.37	0.53	-0.93	-0.93
Other Operating Expenses	0.98	0.61	0.66	-0.55		-0.17	-0.4	-0.04	0.73	0.67	-0.13	0.19	-0.05	-0.36	0.47	0.62	0.22	0.02	0.22	-0.07	-0.2	0.38	-0.27	-0.38	0.69	0.69
Operating Income	-0.27	0.42	0.45	0.85	-0.17		0.9	0.91	0.41	0.45	0.81	-0.32	0.87	0.35	0.53	0.58	0.06	0.64	0.1	-0.39	0.29	-0.14	0.01	0.59	-0.71	-0.71
Ebit	-0.49	0.2	0.28	0.95	-0.4	0.9		0.93	0.22	0.26	0.85	-0.15	0.86	0.59	0.44	0.36	-0.14	0.64	0.01	-0.45	0.52	-0.44	0.31	0.59	-0.84	-0.84
Ebitda	-0.14	0.47	0.57	0.82	-0.04	0.91	0.93		0.52	0.55	0.9	-0.05	0.93	0.53	0.67	0.62	-0.04	0.73	0.13	-0.56	0.52	-0.36	0.26	0.5	-0.64	-0.64
Cost Of Revenue	0.64	0.72	0.99	0.1	0.73	0.41	0.22	0.52		0.99	0.4	0.06	0.49	-0.02	0.91	0.95	0.06	0.44	0.22	-0.31	0.17	0.0	-0.02	-0.15	0.22	0.22
Total Operating Expenses	0.59	0.74	0.99	0.15	0.67	0.45	0.26	0.55	0.99		0.44	0.07	0.53	0.01	0.93	0.96	0.09	0.49	0.25	-0.35	0.19	-0.03	-0.01	-0.14	0.17	0.17
Income Before Tax	-0.17	0.31	0.46	0.79	-0.13	0.81	0.85	0.9	0.4	0.44		0.3	0.98	0.76	0.61	0.51	0.07	0.84	0.43	-0.7	0.72	-0.48	0.4	0.47	-0.64	-0.64
Total Other Income Expense Net	0.28	-0.08	0.08	-0.18	0.19	-0.32	-0.15	-0.05	0.06	0.07	0.3		0.19	0.59	0.15	-0.04	0.11	0.32	0.62	-0.51	0.65	-0.44	0.54	-0.22	0.2	0.2
Net Income	-0.11	0.42	0.54	0.78	-0.05	0.87	0.86	0.93	0.49	0.53	0.98	0.19		0.63	0.66	0.61	0.08	0.84	0.41	-0.65	0.6	-0.38	0.28	0.48	-0.61	-0.61
Income Tax Expense	-0.34	-0.17	0.05	0.57	-0.36	0.35	0.59	0.53	-0.02	0.01	0.76	0.59	0.63		0.24	0.01	0.0	0.57	0.35	-0.71	0.93	-0.71	0.67	0.29	-0.52	-0.52
Research Development	0.41	0.63	0.94	0.34	0.47	0.53	0.44	0.67	0.91	0.93	0.61	0.15	0.66	0.24		0.87	-0.03	0.63	0.24	-0.5	0.42	-0.31	0.25	0.0	-0.01	-0.01
Selling General Administrative	0.51	0.74	0.95	0.27	0.62	0.58	0.36	0.62	0.95	0.96	0.51	-0.04	0.61	0.01	0.87		0.08	0.5	0.23	-0.31	0.13	0.05	-0.09	0.0	0.01	0.01
Minority Interest	0.26	0.27	0.08	-0.21	0.22	0.06	-0.14	-0.04	0.06	0.09	0.07	0.11	0.08	0.0	-0.03	0.08		0.12	0.4	-0.39	-0.09	0.4	-0.41	-0.17	0.23	0.23
Net Income From Continuing Ops	0.0	0.44	0.51	0.53	0.02	0.64	0.64	0.73	0.44	0.49	0.84	0.32	0.84	0.57	0.63	0.5	0.12		0.43	-0.7	0.58	-0.21	0.12	0.31	-0.32	-0.32
Non Operating Income Net Other	0.27	0.23	0.23	-0.02	0.22	0.1	0.01	0.13	0.22	0.25	0.43	0.62	0.41	0.35	0.24	0.23	0.4	0.43		-0.34	0.44	-0.05	0.07	0.04	0.08	0.08
Non Recurring	-0.11	-0.32	-0.37	-0.36	-0.07	-0.39	-0.45	-0.56	-0.31	-0.35	-0.7	-0.51	-0.65	-0.71	-0.5	-0.31	-0.39	-0.7	-0.34		-0.62	0.4	-0.38	0.01	0.24	0.24
Tax Provision	-0.17	-0.05	0.23	0.48	-0.2	0.29	0.52	0.52	0.17	0.19	0.72	0.65	0.6	0.93	0.42	0.13	-0.09	0.58	0.44	-0.62		-0.74	0.71	0.21	-0.35	-0.35
Interest Income	0.34	0.31	-0.05	-0.52	0.38	-0.14	-0.44	-0.36	0.0	-0.03	-0.48	-0.44	-0.38	-0.71	-0.31	0.05	0.4	-0.21	-0.05	0.4	-0.74		-0.98	-0.14	0.45	0.45
Net Interest Income	-0.22	-0.32	0.02	0.37	-0.27	0.01	0.31	0.26	-0.02	-0.01	0.4	0.54	0.28	0.67	0.25	-0.09	-0.41	0.12	0.07	-0.38	0.71	-0.98		0.08	-0.34	-0.34
Reconciled Depreciation	-0.4	-0.08	-0.12	0.53	-0.38	0.59	0.59	0.5	-0.15	-0.14	0.47	-0.22	0.48	0.29	0.0	0.0	-0.17	0.31	0.04	0.01	0.21	-0.14	0.08		-0.6	-0.6
Extraordinary Items	0.75	0.1	0.18	-0.93	0.69	-0.71	-0.84	-0.64	0.22	0.17	-0.64	0.2	-0.61	-0.52	-0.01	0.01	0.23	-0.32	0.08	0.24	-0.35	0.45	-0.34	-0.6		1.0
Selling And Marketing Expenses	0.75	0.1	0.18	-0.93	0.69	-0.71	-0.84	-0.64	0.22	0.17	-0.64	0.2	-0.61	-0.52	-0.01	0.01	0.23	-0.32	0.08	0.24	-0.35	0.45	-0.34	-0.6	1.0

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Eaton PLC Account Relationship Matchups

Eaton PLC income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	884M	811M	922M	954M	(63M)	(59.9M)
Total Revenue	21.4B	17.9B	19.6B	20.8B	23.2B	12.9B
Gross Profit	7.1B	5.5B	6.3B	6.9B	23.2B	24.4B
Other Operating Expenses	18.5B	16.0B	17.2B	17.8B	4.5B	4.3B
Operating Income	1.9B	863M	1.5B	2.1B	3.8B	4.0B
Ebit	1.9B	863M	1.5B	2.1B	3.8B	4.0B
Ebitda	2.8B	1.7B	2.4B	3.0B	3.8B	4.0B
Cost Of Revenue	14.3B	12.4B	13.3B	13.9B	14.6B	8.9B
Total Operating Expenses	4.2B	3.6B	3.9B	3.9B	4.5B	2.6B
Income Before Tax	2.6B	1.7B	2.9B	2.9B	3.8B	4.0B
Total Other Income Expense Net	648M	883M	1.4B	834M	5M	4.8M
Net Income	2.2B	1.4B	2.1B	2.5B	3.2B	3.4B
Income Tax Expense	378M	331M	750M	445M	604M	634.2M
Research Development	606M	551M	616M	665M	754M	467.8M
Selling General Administrative	3.6B	3.1B	3.3B	3.2B	3.6B	3.1B
Net Income Applicable To Common Shares	2.2B	1.4B	2.1B	2.5B	2.8B	1.5B
Net Income From Continuing Ops	2.1B	3.0B	1.4B	2.5B	3.0B	2.4B
Non Operating Income Net Other	(36M)	71M	577M	60M	69M	65.6M
Tax Provision	378M	331M	750M	445M	592M	429.9M
Interest Income	270M	236M	149M	144M	129.6M	164.5M
Net Interest Income	(271M)	(236M)	(149M)	(144M)	(168M)	(176.4M)
Reconciled Depreciation	884M	811M	922M	954M	933M	993.3M

Pair Trading with Eaton PLC

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eaton PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eaton PLC will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eaton Stock

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Moving against Eaton Stock

0.86	ATS	ATS Corporation	Pair Corr
0.63	RR	Richtech Robotics Class	Pair Corr
0.48	CYD	China Yuchai Interna	Pair Corr
0.44	BW	Babcock Wilcox Enter Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Eaton PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eaton PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eaton PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eaton PLC to buy it.

The correlation of Eaton PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eaton PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eaton PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Eaton PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Eaton PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eaton PLC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eaton Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eaton Plc Stock:

How To Invest In Eaton

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Is Eaton Stock a good investment?

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What is Eaton PLC's Net Worth?

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To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.

You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Eaton Stock analysis

When running Eaton PLC's price analysis, check to measure Eaton PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eaton PLC is operating at the current time. Most of Eaton PLC's value examination focuses on studying past and present price action to predict the probability of Eaton PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eaton PLC's price. Additionally, you may evaluate how the addition of Eaton PLC to your portfolios can decrease your overall portfolio volatility.

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Is Eaton PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eaton PLC. If investors know Eaton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eaton PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.283

Dividend Share

3.52

Earnings Share

8.46

Revenue Per Share

59.221

Quarterly Revenue Growth

0.084

The market value of Eaton PLC is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton PLC's value that differs from its market value or its book value, called intrinsic value, which is Eaton PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eaton PLC's market value can be influenced by many factors that don't directly affect Eaton PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Eaton PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Eaton Historical Income Statement

About Eaton Income Statement Analysis

Eaton PLC Income Statement Chart

Gross Profit

Other Operating Expenses

Operating Income

Eaton PLC income statement Correlations

Eaton PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eaton PLC income statement Accounts

Pair Trading with Eaton PLC

Moving together with Eaton Stock

Moving against Eaton Stock

Complementary Tools for Eaton Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Selling And Marketing Expenses	+ 1.0	Extraordinary Items
Cost Of Revenue	+ 0.99	Total Revenue
Total Operating Expenses	+ 0.99	Total Revenue
Total Operating Expenses	+ 0.99	Cost Of Revenue
Other Operating Expenses	+ 0.98	Depreciation And Amortization
Net Income	+ 0.98	Income Before Tax

Net Interest Income	- 0.98	Interest Income
Selling And Marketing Expenses	- 0.93	Gross Profit
Extraordinary Items	- 0.93	Gross Profit
Selling And Marketing Expenses	- 0.84	Ebit
Extraordinary Items	- 0.84	Ebit
Interest Income	- 0.74	Tax Provision