Eaton (ETN) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter decreased from the immediately prior quarter but remained above the level reported a year ago. The sequential decline marks a reversal from the growth trend seen in recent quarters.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter decreased from the immediately prior quarter but remained above the level reported a year ago. The sequential decline marks a reversal from the growth trend seen in recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.2B
Revenue reported for this quarter.
Quarter-over-quarter
-1.7%
Change from the immediately preceding quarter.
Year-over-year
+4.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$24.9B
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 |
|---|---|---|
| Mar 31, 2024 | $5.9B | +8.4% |
| Jun 30, 2024 | $6.4B | +8.3% |
| Sep 30, 2024 | $6.3B | +7.9% |
| Dec 31, 2024 | $6.2B | +4.6% |
Revenue performance
The reported revenue was lower than the prior quarter, ending a sequence of sequential gains. On a year-over-year basis, revenue continued to show an increase compared with the same quarter one year earlier.
Quarterly comparison
Compared with the immediately preceding quarter, revenue contracted. However, when measured against the same quarter one year earlier, revenue expanded.
What to watch
The sequential decline warrants monitoring for any broader demand shifts after several quarters of consistent growth.