EATON CORPORATION plc (ETN) FY2024 Q2 P&L / Income Statement

Revenue by Business Segment by Product and Service

2024-04-01 to 2024-06-30

Swipe to see the full flow
EATON CORPORATION plc (ETN) FY2024 Q2 P&L / Income StatementIncome statement for 2024-04-01 through 2024-06-30. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETElectrical Americas - SystemsAerospaceElectrical Global - ProductsElectrical Americas - ProductsElectrical Global - SystemsVehicle - CommercialVehicle - Passenger and Light DutyeMobilityNet salesGross profit (calculated)Cost of products soldOperating profit (calculated)Operating expenses (calculated)Selling and administrative expenseResearch and development expenseOther income (expense), net (calculated)Income before income taxesNet incomeIncome tax expenseOther income (expense), net (calculated)Other income,net (calculated)$2.00 MGross profit (calculated)Gross profit(calculated)$2.41 BOperating profit (calculated)Operating profit(calculated)$1.19 BIncome before income taxesPretax income$1.20 BNet salesNet sales$6.35 BNet incomeNet income$994.00 MElectrical Americas - SystemsElectrical Americas - Systems$2.13 BOperating expenses (calculated)Operating expenses(calculated)$1.22 BIncome tax expenseIncome tax expense$201.00 MAerospaceAerospace$955.00 MSelling and administrative expenseSelling and administrative expense$1.02 BCost of products soldCost of products sold$3.94 BElectrical Global - ProductsElectrical Global - Products$882.00 MResearch and development expenseResearch anddevelopment expense$196.00 MElectrical Americas - ProductsElectrical Americas - Products$745.00 MElectrical Global - SystemsElectrical Global - Systems$724.00 MVehicle - CommercialVehicle - Commercial$454.00 MVehicle - Passenger and Light DutyVehicle - Passenger and Light Duty$269.00 MeMobilityeMobility$189.00 M
Chart details

EATON CORPORATION plc (ETN) FY2024 Q2 P&L / Income Statement

Income statement for 2024-04-01 through 2024-06-30. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales
6,350,000,000 US dollars
Cost of products sold
3,940,000,000 US dollars
Gross profit (calculated)
2,410,000,000 US dollars
Operating expenses (calculated)
1,217,000,000 US dollars
Operating profit (calculated)
1,193,000,000 US dollars
Other income (expense), net (calculated)
2,000,000 US dollars
Income before income taxes
1,195,000,000 US dollars
Income tax expense
201,000,000 US dollars
Net income
994,000,000 US dollars
Aerospace
955,000,000 US dollars
eMobility
189,000,000 US dollars
Electrical Americas - Systems
2,132,000,000 US dollars
Electrical Americas - Products
745,000,000 US dollars
Electrical Global - Systems
724,000,000 US dollars
Electrical Global - Products
882,000,000 US dollars
Vehicle - Commercial
454,000,000 US dollars
Vehicle - Passenger and Light Duty
269,000,000 US dollars
Selling and administrative expense
1,021,000,000 US dollars
Research and development expense
196,000,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Of which attributable to EATON CORPORATION plc: $993.00 M; to noncontrolling interests: $1.00 M.
EATON CORPORATION plc (ETN) FY2024 Q2 P&L / Income Statement Sankey chart, Segments by Product and Service view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

38.0%

Gross profit / revenue

Operating margin

18.8%

Operating profit / revenue

Cash conversion

95.2%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!