Return on Assets (ROA)
since 2005
Calculation
Eaton Corp. plc, ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income attributable to Eaton ordinary shareholders1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2024 | 9.89% | = | 100 | × | 3,794) | ÷ | 38,381) |
| Dec 31, 2023 | 8.37% | = | 100 | × | 3,218) | ÷ | 38,432) |
| Dec 31, 2022 | 7.03% | = | 100 | × | 2,462) | ÷ | 35,014) |
| Dec 31, 2021 | 6.30% | = | 100 | × | 2,144) | ÷ | 34,027) |
| Dec 31, 2020 | 4.43% | = | 100 | × | 1,410) | ÷ | 31,824) |
| Dec 31, 2019 | 6.74% | = | 100 | × | 2,211) | ÷ | 32,805) |
| Dec 31, 2018 | 6.90% | = | 100 | × | 2,145) | ÷ | 31,092) |
| Dec 31, 2017 | 9.15% | = | 100 | × | 2,985) | ÷ | 32,623) |
| Dec 31, 2016 | 6.32% | = | 100 | × | 1,922) | ÷ | 30,419) |
| Dec 31, 2015 | 6.38% | = | 100 | × | 1,979) | ÷ | 31,031) |
| Dec 31, 2014 | 5.35% | = | 100 | × | 1,793) | ÷ | 33,529) |
| Dec 31, 2013 | 5.24% | = | 100 | × | 1,861) | ÷ | 35,491) |
| Dec 31, 2012 | 3.39% | = | 100 | × | 1,217) | ÷ | 35,848) |
| Dec 31, 2011 | 7.55% | = | 100 | × | 1,350) | ÷ | 17,873) |
| Dec 31, 2010 | 5.38% | = | 100 | × | 929) | ÷ | 17,252) |
| Dec 31, 2009 | 2.35% | = | 100 | × | 383) | ÷ | 16,282) |
| Dec 31, 2008 | 6.35% | = | 100 | × | 1,058) | ÷ | 16,655) |
| Dec 31, 2007 | 7.40% | = | 100 | × | 994) | ÷ | 13,430) |
| Dec 31, 2006 | 8.32% | = | 100 | × | 950) | ÷ | 11,417) |
| Dec 31, 2005 | 7.88% | = | 100 | × | 805) | ÷ | 10,218) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
- Net Income Attributable to Eaton Ordinary Shareholders
- The net income exhibits a generally upward trend over the analyzed period with some fluctuations. Starting at 805 million USD in 2005, it increased significantly until 2008, reaching 1058 million USD, followed by a sharp decline to 383 million USD in 2009. After this drop, the net income recovered and continued to grow, peaking notably at 2985 million USD in 2017. A decline was observed in 2018 and 2019 but was followed by recovery and growth once again, reaching a high of 3794 million USD in 2024. This pattern shows resilience and capacity for recovery after downturns.
- Total Assets
- Total assets grew steadily from 10,218 million USD in 2005 to a peak of 35,848 million USD in 2012. After that, the asset base fluctuated somewhat but remained generally high, around the 30,000 to 38,000 million USD range throughout the subsequent years. The data indicates a phase of strong asset accumulation until 2012, followed by stabilization and moderate growth, ending with a total of 38,381 million USD in 2024.
- Return on Assets (ROA)
- The ROA trend presents some variability, reflecting the fluctuations in net income relative to total assets. Starting at 7.88% in 2005, the ROA rose to a maximum of 8.32% in 2006 before declining sharply to 2.35% in 2009, corresponding with the significant net income drop that year. Post-2009, the ROA recovered gradually, reaching 9.15% in 2017, the highest point in the dataset, indicating improved profitability efficiency. Although some fluctuations occurred thereafter, the ROA showed an upward trend from 2022 onwards, nearing 9.89% in 2024, which suggests increasing operational efficiency over the recent years.
Comparison to Competitors
Eaton Corp. plc, ROA, long-term trends, comparison to competitors
| Eaton Corp. plc | Boeing Co. | Caterpillar Inc. | GE Aerospace | Honeywell International Inc. | Lockheed Martin Corp. | RTX Corp. | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2024 | 9.89% | -7.56% | 12.30% | 5.32% | 7.59% | 9.59% | 2.93% |
| Dec 31, 2023 | 8.37% | -1.62% | 11.81% | 5.81% | 9.20% | 13.19% | 1.97% |
| Dec 31, 2022 | 7.03% | -3.60% | 8.18% | 0.12% | 7.97% | 10.84% | 3.27% |
| Dec 31, 2021 | 6.30% | -3.03% | 7.84% | -3.28% | 8.60% | 12.41% | 2.39% |
| Dec 31, 2020 | 4.43% | -7.80% | 3.83% | 2.25% | 7.40% | 13.47% | -2.17% |
| Dec 31, 2019 | 6.74% | -0.48% | 7.77% | -1.87% | 10.47% | 13.11% | 3.96% |
| Dec 31, 2018 | 6.90% | 8.91% | 7.83% | -7.23% | 11.71% | 11.24% | 3.93% |
| Dec 31, 2017 | 9.15% | 8.88% | 0.98% | -1.53% | 2.79% | 4.30% | 4.70% |
| Dec 31, 2016 | 6.32% | 5.44% | -0.09% | 2.42% | 8.88% | 11.09% | 5.64% |
| Dec 31, 2015 | 6.38% | 5.48% | 2.68% | -1.24% | 9.67% | 7.34% | 8.70% |
| Dec 31, 2014 | 5.35% | 5.49% | 4.36% | 2.35% | 9.33% | 9.75% | 6.81% |
| Dec 31, 2013 | 5.24% | 4.95% | 4.46% | 1.99% | 8.64% | 8.24% | 6.31% |
| Dec 31, 2012 | 3.39% | 4.39% | 6.36% | 1.99% | 6.99% | 7.10% | 5.74% |
| Dec 31, 2011 | 7.55% | 5.02% | 6.05% | 1.97% | 5.19% | 7.00% | 8.10% |
| Dec 31, 2010 | 5.38% | 4.82% | 4.22% | 1.55% | 5.34% | 8.34% | 7.48% |
| Dec 31, 2009 | 2.35% | 2.11% | 1.49% | 1.41% | 5.98% | 8.61% | 6.87% |
| Dec 31, 2008 | 6.35% | 4.97% | 5.25% | 2.18% | 7.87% | 9.62% | 8.30% |
| Dec 31, 2007 | 7.40% | 6.91% | 6.31% | 2.79% | 7.23% | 10.49% | 7.74% |
| Dec 31, 2006 | 8.32% | 4.28% | 6.95% | 2.99% | 6.73% | 8.96% | 7.92% |
| Dec 31, 2005 | 7.88% | 4.28% | 6.06% | 2.43% | 5.12% | 6.58% | 6.68% |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Capital Goods)
Eaton Corp. plc, ROA, long-term trends, comparison to sector (capital goods)
| Eaton Corp. plc | Capital Goods | |
|---|---|---|
| Dec 31, 2024 | 9.89% | 3.59% |
| Dec 31, 2023 | 8.37% | 5.21% |
| Dec 31, 2022 | 7.03% | 2.84% |
| Dec 31, 2021 | 6.30% | 1.86% |
| Dec 31, 2020 | 4.43% | 0.80% |
| Dec 31, 2019 | 6.74% | 2.72% |
| Dec 31, 2018 | 6.90% | 1.74% |
| Dec 31, 2017 | 9.15% | 1.83% |
| Dec 31, 2016 | 6.32% | 4.09% |
| Dec 31, 2015 | 6.38% | 2.17% |
| Dec 31, 2014 | 5.35% | 3.87% |
| Dec 31, 2013 | 5.24% | 3.45% |
| Dec 31, 2012 | 3.39% | 3.30% |
| Dec 31, 2011 | 7.55% | 3.30% |
| Dec 31, 2010 | 5.38% | 2.70% |
| Dec 31, 2009 | 2.35% | 2.16% |
| Dec 31, 2008 | 6.35% | 3.33% |
| Dec 31, 2007 | 7.40% | 3.89% |
| Dec 31, 2006 | 8.32% | 3.91% |
| Dec 31, 2005 | 7.88% | 3.25% |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Industrials)
Eaton Corp. plc, ROA, long-term trends, comparison to industry (industrials)
| Eaton Corp. plc | Industrials | |
|---|---|---|
| Dec 31, 2024 | 9.89% | 5.24% |
| Dec 31, 2023 | 8.37% | 5.61% |
| Dec 31, 2022 | 7.03% | 3.31% |
| Dec 31, 2021 | 6.30% | 3.40% |
| Dec 31, 2020 | 4.43% | 0.04% |
| Dec 31, 2019 | 6.74% | 2.56% |
| Dec 31, 2018 | 6.90% | 3.16% |
| Dec 31, 2017 | 9.15% | 3.59% |
| Dec 31, 2016 | 6.32% | 4.55% |
| Dec 31, 2015 | 6.38% | 3.52% |
| Dec 31, 2014 | 5.35% | 4.31% |
| Dec 31, 2013 | 5.24% | 3.91% |
| Dec 31, 2012 | 3.39% | 3.38% |
| Dec 31, 2011 | 7.55% | 3.69% |
| Dec 31, 2010 | 5.38% | 3.03% |
| Dec 31, 2009 | 2.35% | 2.24% |
| Dec 31, 2008 | 6.35% | 3.10% |
| Dec 31, 2007 | 7.40% | 3.87% |
| Dec 31, 2006 | 8.32% | 6.41% |
| Dec 31, 2005 | 7.88% | 1.42% |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).