Eaton Corporation PLC (ETN)

Debt-to-capital ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 18,488,000 19,117,000 19,219,000 19,292,000 19,036,000 18,383,000 17,953,000 17,449,000 17,038,000 16,068,000 16,380,000 16,620,000 16,413,000 15,971,000 15,408,000 14,995,000 14,930,000 14,476,000 14,188,000 14,245,000
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $18,488,000K)
= 0.00

Eaton Corporation PLC has consistently maintained a debt-to-capital ratio of 0.00 across all reported quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to finance its operations and investments. A debt-to-capital ratio of 0.00 suggests that Eaton Corporation PLC relies solely on equity financing for its capital structure, which may imply a lower financial risk compared to companies with higher debt levels. Additionally, a consistent 0.00 debt-to-capital ratio signifies financial stability and strong financial health, as the company does not have significant debt obligations relative to its capital base.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-capital ratio
Eaton Corporation PLC
ETN
0.00
Curtiss-Wright Corporation
CW
0.28
Enerpac Tool Group Corp
EPAC
0.33

See also:

Eaton Corporation PLC Debt to Capital (Quarterly Data)