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

- Company: EATON CORPORATION plc (ETN)
- Period: 2024-01-01 to 2024-06-30
- Filing: Q2 FY2024 10-Q, filed 2024-08-01, accession number 0001551182-24-000035
- Page: https://plicit.ai/financials/etn/fy2024-ytd-q2-income-statement
- Chart image: https://plicit.ai/charts/etn-fy2024-ytd-q2-income-statement-sankey.png

## Chart details: Revenue by Business Segment by Product and Service

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.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/etn/fy2024-ytd-q2-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/etn-fy2024-ytd-q2-revenue-by-business-segment-sankey.png

Income statement for 2024-01-01 through 2024-06-30. View: Business segment. 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
- **Electrical Americas**: 5,567,000,000 US dollars
- **Electrical Global**: 3,105,000,000 US dollars
- **Aerospace**: 1,826,000,000 US dollars
- **Vehicle**: 1,447,000,000 US dollars
- **eMobility**: 348,000,000 US dollars
- **Selling and administrative expense**: 2,046,000,000 US dollars
- **Research and development expense**: 385,000,000 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: $1.81 B; to noncontrolling interests: $2.00 M.

## Chart details: Revenue by Business Segment by Customer

- Page: https://plicit.ai/financials/etn/fy2024-ytd-q2-income-statement/revenue-by-business-segment-by-customer
- Chart image: https://plicit.ai/charts/etn-fy2024-ytd-q2-revenue-by-business-segment-by-customer-sankey.png

Income statement for 2024-01-01 through 2024-06-30. View: Business segment by customer. 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
- **eMobility**: 348,000,000 US dollars
- **Electrical Americas**: 5,567,000,000 US dollars
- **Electrical Global**: 3,105,000,000 US dollars
- **Vehicle**: 1,447,000,000 US dollars
- **Aerospace - Aftermarket**: 620,000,000 US dollars
- **Aerospace - Industrial and Other**: 462,000,000 US dollars
- **Aerospace - Original Equipment Manufacturers**: 744,000,000 US dollars
- **Selling and administrative expense**: 2,046,000,000 US dollars
- **Research and development expense**: 385,000,000 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: $1.81 B; to noncontrolling interests: $2.00 M.