OverviewSuggest Edit

Eaton is a diversified power management company. It operates through six segments: Electrical Products, Electrical Systems and Services, Hydraulics, Aerospace, Vehicle, and eMobility. The Electrical Products and Electrical Systems and Services segments provide electrical and industrial components, residential products, power quality, emergency lighting, fire detection, wiring devices, structural support systems, circuit protection, and lighting products, as well as power distribution and assemblies, hazardous duty electrical equipment, safe explosion-proof instrumentation, power reliability equipment, and services. The Hydraulics segment offers hydraulics components, systems, and services for industrial and mobile equipment. The Aerospace segment supplies aerospace fuel, hydraulics, and pneumatic systems for commercial and military use. The Vehicle segment specializes in the drivetrain, powertrain systems, and critical components for cars, light trucks, and commercial vehicles. The eMobility segment provides electronic and mechanical components and systems for on-road and off-road vehicles.
TypePublic
Founded1911
HQDublin, IE
Websiteeaton.com
Employee Ratings3.9
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2021)85,947(-6%)
Job Openings3,877
Revenue (FY, 2021)$19.6 B(+10%)
Share Price (May 2022)$139(-1%)
Cybersecurity ratingBMore
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Key People/Management at Eaton

Craig Arnold

Craig Arnold

Chairman and Chief Executive Officer
Uday Yadav

Uday Yadav

President and Chief Operating Officer, Electrical Sector
Thomas B. Okray

Thomas B. Okray

Executive Vice President and Chief Financial Officer
Heath Monesmith

Heath Monesmith

President and Chief Operating Officer, Industrial Sector
April Miller Boise

April Miller Boise

Executive Vice President, Chief Legal Officer and Secretary
Aravind Yarlagadda

Aravind Yarlagadda

Executive Vice President and Chief Digital Officer
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Eaton Office Locations

Eaton has offices in Dublin, Maynooth, Beltsville, Bethel and in 78 other locations
Dublin, IE (HQ)
Eaton House, 30 Pembroke Rd
Maynooth, IE
F10, Business Campus, Moneyoly, Co., Moneycooly
El Mouradia, DZ
Impasse de I'olivage, lot B, El-Mouradia
Arndell Park, AU
47 Holbeche Rd
Tullamarine, AU
Unit 1/101-105 Keilor Park Dr
Wien, AT
Scheydgasse 42
Show all (90)

Eaton Financials and Metrics

Eaton Revenue

Eaton's revenue was reported to be $19.63 b in FY, 2021
USD

Revenue (FY, 2021)

19.6b

Gross profit (FY, 2021)

7.2b

Net income (FY, 2021)

2.1b

EBITDA (FY, 2021)

3.3b

EBIT (FY, 2021)

3.0b

Market capitalization (16-May-2022)

55.4b

Closing stock price (16-May-2022)

139.0

Cash (31-Dec-2021)

297.0m

EV

63.7b
Eaton's current market capitalization is $55.4 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

21.6b21.4b17.9b19.6b

Cost of goods sold

(13.7b)(13.5b)(11.6b)(12.4b)

Gross profit

8.0b7.9b6.2b7.2b

R&D expense

(584.0m)(606.0m)(551.0m)(616.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

5.3b5.5b5.3b4.8b3.9b4.5b4.7b5.2b4.9b

Cost of goods sold

(3.4b)(3.5b)(3.3b)(3.1b)(2.7b)(2.8b)(3.0b)(3.3b)(3.1b)

Gross profit

2.0b2.1b2.0b1.7b1.2b1.7b1.7b1.9b1.8b

R&D expense

(156.0m)(151.0m)(147.0m)(153.0m)(126.0m)(132.0m)(148.0m)(154.0m)(152.0m)
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

283.0m370.0m438.0m297.0m

Accounts Receivable

3.9b3.4b2.9b3.3b

Prepaid Expenses

507.0m456.0m415.0m414.0m

Inventories

2.8b2.8b2.1b3.0b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

303.0m412.0m549.0m239.0m292.0m429.0m354.0m279.0m271.0m

Accounts Receivable

3.9b3.9b3.8b3.0b2.6b2.9b3.1b3.3b3.4b

Prepaid Expenses

432.0m439.0m379.0m420.0m406.0m378.0m447.0m439.0m431.0m

Inventories

2.9b2.9b2.9b2.3b2.1b2.1b2.4b2.7b2.8b
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

2.1b2.2b1.4b2.1b

Depreciation and Amortization

903.0m884.0m811.0m922.0m

Inventories

(242.0m)(60.0m)371.0m(629.0m)

Accounts Payable

23.0m147.0m76.0m832.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

522.0m1.2b1.8b438.0m492.0m939.0m459.0m965.0m1.6b

Depreciation and Amortization

221.0m442.0m668.0m199.0m397.0m603.0m208.0m437.0m684.0m
USDFY, 2018

Revenue/Employee

218.3k
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Eaton Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021

Countries Covered

175175175175175175175175175175175175170

Countries (Offices)

595959596061616160606060

Countries (Manufacturing Sites)

42413936

Manufacturing Locations

284284267224
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Eaton Acquisitions / Subsidiaries

Company NameDateDeal Size
Royal Power SolutionsJanuary 05, 2022$600 m
HuanYu High TechMarch 29, 2021
Green Motion SAMarch 22, 2021
Tripp Lite Holdings, Inc.March 17, 2021$1.7 b
CobhamFebruary 01, 2021$2.8 b
Power Distribution, Inc.February 03, 2020
Innovative Switchgear Solutions, IncJuly 18, 2019
SOURIAUJuly 02, 2019$920 m
Ulusoy Elektrik Imalat Taahhut ve Ticaret ASApril 17, 2019
Ephesus LightingNovember 24, 2015
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Eaton Revenue Breakdown

Embed Graph

Eaton revenue breakdown by business segment: 36.9% from ELECTRICAL AMERICAS, 13.1% from VEHICLE, 28.1% from ELECTRICAL GLOBAL, 6.6% from HYDRAULICS, 13.5% from AEROSPACE and 1.7% from Other

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Eaton Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Eaton Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Eaton Online and Social Media Presence

Embed Graph

Eaton Company Culture

  • Overall Culture

    C-

    63/100

  • CEO Rating

    B

    71/100

  • Compensation

    C+

    64/100

  • Diversity

    C

    65/100

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Eaton News and Updates

Eaton completes 10 MW modular power system installation for Midrand data centre

Power solutions multinational Eaton Electric has installed a 10 MW modular power system facility, which is its largest installation on the continent to date, at data centre facilities company Africa Data Centres' (ADC's) Midrand premises.

We are proud to announce the launch of our brand new Supply Chain Digital Incubation Lab in Pune, India

We are proud to announce the launch of our brand new Supply Chain Digital Incubation Lab in Pune, India for our Global Supply Chain Management and Logistics function. This digital incubation lab will be an innovative thinking center to create new digital ideas in the industry, while helping our tale…

We're excited to announce that our medium-duty 4-speed #EV transmission was selected by Proterra Inc for their electric transit bus platform.

We're excited to announce that our medium-duty 4-speed #EV transmission was selected by Proterra Inc for their electric transit bus platform. Our EV transmissions improve acceleration, gradability, and efficiency for electric #CommercialVehicles. Read the full press release: https://lnkd.in/gZYyce7K…

Eaton to supply medium-duty transmissions to Proterra for electric transit vehicles

Power management company Eaton has announced its eMobility business has been chosen to supply a 4-speed medium-duty electrified vehicle (EV) transmission to Proterra, a leading innovator in commercial vehicle electrification technology, for the company’s ProDrive drivetrain used in Proterra ZX5 elec…

Eaton to participate in the Goldman Sachs Industrials and Materials Conference on May 12

Power management company Eaton (NYSE:ETN) today announced that its Executive Vice President and Chief Financial Officer, Tom Okray, will participate in the Goldman Sachs Industrials and Materials Conference on Thursday, May 12, at 8:50 a.m. Eastern time. Mr. Okray will participate in a virtual fire…

New Stifel & Eaton Partners Survey Finds Strong Investor Appetite for GP-Led Secondary Transactions

ROWAYTON, Conn., May 04, 2022 (GLOBE NEWSWIRE) -- A new survey from Stifel Financial Corp. (NYSE: SF) and Eaton Partners, a Stifel Company, suggests that institutional investors continue to have a strong appetite for GP-led secondary recap transactions across the globe, even in the face of increas…
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Eaton Frequently Asked Questions

  • When was Eaton founded?

    Eaton was founded in 1911.

  • Who are Eaton key executives?

    Eaton's key executives are Craig Arnold, Uday Yadav and Thomas B. Okray.

  • How many employees does Eaton have?

    Eaton has 85,947 employees.

  • What is Eaton revenue?

    Latest Eaton annual revenue is $19.6 b.

  • What is Eaton revenue per employee?

    Latest Eaton revenue per employee is $228.4 k.

  • Who are Eaton competitors?

    Competitors of Eaton include Amphenol, Cummins and Emerson.

  • Where is Eaton headquarters?

    Eaton headquarters is located at Eaton House, 30 Pembroke Rd, Dublin.

  • Where are Eaton offices?

    Eaton has offices in Dublin, Maynooth, Beltsville, Bethel and in 78 other locations.

  • How many offices does Eaton have?

    Eaton has 90 offices.