Eaton (ETN) 10-K Summary — Year Ended Dec 31, 2023
Eaton Corporation plc filed its annual report for the most recent fiscal year. The filing covers the company's business overview, risk factors, and management discussion.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
Eaton Corporation plc filed its annual report for the most recent fiscal year. The filing covers the company's business overview, risk factors, and management discussion.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$23.2B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$3.2B
Net income reported for the year.
Operating cash flow
$3.6B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $19.6B | n/a |
| Dec 31, 2022 | $20.8B | +5.7% |
| Dec 31, 2023 | $23.2B | +11.8% |
Business overview
Eaton is an industrial company that operates in electrical and industrial segments. The business overview describes its products and services but does not provide specific operational details in the supplied context.
Financial performance
Revenue increased compared to the prior year, and net income was reported for the period. Operating cash flow was also generated during the year.
Material risks
The filing identifies risk factors that could affect the company, though specific risk descriptions are not detailed in the supplied context. Unresolved staff comments and cybersecurity matters are also mentioned as areas of consideration.
Liquidity and capital
The supplied context does not provide information on liquidity or capital allocation strategies.
What to watch
Changes in risk factor disclosures or any updates to unresolved staff comments should be monitored in the next filing.