Eaton (ETN) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter increased relative to the prior quarter and rose compared with the same period a year earlier.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter increased relative to the prior quarter and rose compared with the same period a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.9B
Revenue reported for this quarter.
Quarter-over-quarter
+0.2%
Change from the immediately preceding quarter.
Year-over-year
+10.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$22.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $5.4B | +12.2% |
| Mar 31, 2023 | $5.5B | +13.2% |
| Jun 30, 2023 | $5.9B | +12.5% |
| Sep 30, 2023 | $5.9B | +10.7% |
Revenue performance
Revenue moved higher, driven by continued growth in the business.
Quarterly comparison
Revenue was essentially unchanged from the immediately preceding quarter, while it increased significantly compared with the same quarter one year earlier.
What to watch
The sequential revenue growth rate has moderated, warranting attention to future trends.