Eaton Corporation PLC
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Eaton Corporation PLC (ETN). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Electrical Americas | $6.68B 37.4% | $7.24B 36.9% · +8.4% | $8.50B 40.9% · +17.3% | $10.10B 43.5% · +18.8% | $11.44B 46.0% · +13.3% | $13.28B 48.4% · +16.1% |
| Electrical Global | $4.70B 26.3% | $5.52B 28.1% · +17.3% | $5.85B 28.2% · +6.0% | $6.08B 26.2% · +4.0% | $6.25B 25.1% · +2.7% | $6.82B 24.8% · +9.1% |
| Aerospace | $2.22B 12.4% | $2.65B 13.5% · +19.1% | $3.04B 14.6% · +14.8% | $3.41B 14.7% · +12.3% | $3.74B 15.0% · +9.7% | $4.25B 15.5% · +13.5% |
| Vehicle | $2.12B 11.9% | $2.58B 13.1% · +21.8% | $2.83B 13.6% · +9.7% | $2.97B 12.8% · +4.8% | $2.79B 11.2% · -5.9% | $2.51B 9.1% · -10.2% |
| eMobility | $292.0M 1.6% | $343.0M 1.7% · +17.5% | $538.0M 2.6% · +56.9% | $636.0M 2.7% · +18.2% | $662.0M 2.7% · +4.1% | $604.0M 2.2% · -8.8% |
| Hydraulics | $1.84B 10.3% | $1.30B 6.6% · -29.4% | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| United States | $10.04B 56.2% | $10.87B 55.4% · +8.2% | $12.35B 59.5% · +13.7% | $14.07B 60.7% · +13.9% | $15.15B 60.9% · +7.7% | $17.12B 62.4% · +13.0% |
| Europe | $3.82B 21.4% | $4.28B 21.8% · +12.0% | $3.96B 19.1% · -7.5% | $4.34B 18.7% · +9.7% | $4.53B 18.2% · +4.4% | $5.08B 18.5% · +12.1% |
| Asia Pacific | $2.30B 12.9% | $2.53B 12.9% · +9.9% | $2.19B 10.5% · -13.5% | $2.29B 9.9% · +4.7% | $2.46B 9.9% · +7.5% | $2.70B 9.9% · +10.0% |
| Latin America | $939.0M 5.3% | $1.16B 5.9% · +23.5% | $1.50B 7.2% · +29.7% | $1.55B 6.7% · +3.0% | $1.68B 6.8% · +8.5% | $1.46B 5.3% · -13.0% |
| Canada | $757.0M 4.2% | $797.0M 4.1% · +5.3% | $754.0M 3.6% · -5.4% | $949.0M 4.1% · +25.9% | $1.06B 4.3% · +11.5% | $1.08B 3.9% · +2.4% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.