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

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

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

Net sales

12,293,000,000 US dollars

Cost of products sold

7,665,000,000 US dollars

Gross profit (calculated)

4,628,000,000 US dollars

Operating expenses (calculated)

2,431,000,000 US dollars

Operating profit (calculated)

2,197,000,000 US dollars

Other income (expense), net (calculated)

negative 2,000,000 US dollars

Income before income taxes

2,195,000,000 US dollars

Income tax expense

379,000,000 US dollars

Net income

1,816,000,000 US dollars

Aerospace

1,826,000,000 US dollars

eMobility

348,000,000 US dollars

Electrical Americas - Systems

4,089,000,000 US dollars

Electrical Americas - Products

1,478,000,000 US dollars

Electrical Global - Systems

1,380,000,000 US dollars

Electrical Global - Products

1,726,000,000 US dollars

Vehicle - Commercial

889,000,000 US dollars

Vehicle - Passenger and Light Duty

558,000,000 US dollars

Selling and administrative expense

2,046,000,000 US dollars

Research and development expense

385,000,000 US dollars

Revenue before reconciliation (calculated)

12,294,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Components above reported revenue (calculated)

negative 1,000,000 US dollars. The disclosed components add up to more than reported revenue; this is the difference, calculated, not a reported item.

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.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
• Of which attributable to EATON CORPORATION plc: $1.81 B; to noncontrolling interests: $2.00 M.