Eaton (ETN) 10-K Summary — Year Ended Dec 31, 2024
Eaton Corporation plc filed its annual report for the most recent period. The filing includes discussions of business, risk factors, and financial results.
Key takeaway
Year ended Dec 31, 2024 · FY2025 10-K
Eaton Corporation plc filed its annual report for the most recent period. The filing includes discussions of business, risk factors, and financial results.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$24.9B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$3.8B
Net income reported for the year.
Operating cash flow
$4.3B
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% |
| Dec 31, 2024 | $24.9B | +7.3% |
Business overview
The filing describes the company's business in Item 1. It also references risk factors, unresolved staff comments, and cybersecurity in separate sections.
Financial performance
Revenue increased compared to the prior year. Net income and operating cash flow were also reported for the period.
Material risks
The filing identifies risk factors, including unresolved staff comments and cybersecurity matters. These are outlined in Item 1A and related sections.
Liquidity and capital
The Management Discussion and Analysis section addresses financial condition and results of operations. No specific capital allocation themes are detailed beyond this discussion.
What to watch
Readers should monitor the resolution of the unresolved staff comments referenced in the filing.