Eaton Corporation PLC (ETN) — Free Cash Flow Generation Index
Eaton Corporation PLC (ETN) has a Free Cash Flow Generation Index of 0.87x as of September 2025. Free cash flow of $1.17 Billion represents 1% of operating cash flow ($1.35 Billion). See ETN net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Eaton Corporation PLC Free Cash Flow Generation Index (1989–2024)
Historical FCF Generation Index trend for Eaton Corporation PLC across 36 annual periods. Explore ETN debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Eaton Corporation PLC (1989–2024)
Year-by-year Free Cash Flow Generation Index for Eaton Corporation PLC. For the full company profile including market capitalisation, see ETN company net worth.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.81x | $3.52 Billion | $4.33 Billion | $808.00 Million | ▲ +2.8% |
| 2023 | 0.79x | $2.87 Billion | $3.62 Billion | $757.00 Million | ▲ +3.6% |
| 2022 | 0.76x | $1.94 Billion | $2.53 Billion | $598.00 Million | ▲ +4.1% |
| 2021 | 0.73x | $1.59 Billion | $2.16 Billion | $575.00 Million | ▼ -15.4% |
| 2020 | 0.87x | $2.56 Billion | $2.94 Billion | $389.00 Million | ▲ +4.6% |
| 2019 | 0.83x | $2.86 Billion | $3.45 Billion | $587.00 Million | ▲ +5.4% |
| 2018 | 0.79x | $2.09 Billion | $2.66 Billion | $565.00 Million | ▼ -2.2% |
| 2017 | 0.80x | $2.15 Billion | $2.67 Billion | $520.00 Million | ▼ -0.2% |
| 2016 | 0.81x | $2.07 Billion | $2.57 Billion | $497.00 Million | ▲ +2.1% |
| 2015 | 0.79x | $1.90 Billion | $2.41 Billion | $506.00 Million | ▲ +19.1% |
| 2014 | 0.66x | $1.25 Billion | $1.88 Billion | $632.00 Million | ▼ -9.3% |
| 2013 | 0.73x | $1.67 Billion | $2.29 Billion | $614.00 Million | ▲ +13.6% |
| 2012 | 0.64x | $1.07 Billion | $1.66 Billion | $593.00 Million | ▲ +18.1% |
| 2011 | 0.54x | $680.00 Million | $1.25 Billion | $568.00 Million | ▼ -21.3% |
| 2010 | 0.69x | $888.00 Million | $1.28 Billion | $394.00 Million | ▼ -19.6% |
| 2009 | 0.86x | $1.21 Billion | $1.41 Billion | $195.00 Million | ▲ +26.0% |
| 2008 | 0.68x | $968.00 Million | $1.42 Billion | $448.00 Million | ▼ -1.7% |
| 2007 | 0.70x | $807.00 Million | $1.16 Billion | $354.00 Million | ▼ -7.1% |
| 2006 | 0.75x | $1.07 Billion | $1.43 Billion | $360.00 Million | ▲ +10.0% |
| 2005 | 0.68x | $772.00 Million | $1.14 Billion | $363.00 Million | ▲ +12.2% |
| 2004 | 0.61x | $508.00 Million | $838.00 Million | $330.00 Million | ▼ -11.8% |
| 2003 | 0.69x | $601.00 Million | $874.00 Million | $273.00 Million | ▼ -7.9% |
| 2002 | 0.75x | $672.00 Million | $900.00 Million | $228.00 Million | ▲ +21.5% |
| 2001 | 0.61x | $470.00 Million | $765.00 Million | $295.00 Million | ▲ +779.2% |
| 2000 | 0.07x | $29.00 Million | $415.00 Million | $386.00 Million | ▼ -74.4% |
| 1999 | 0.27x | $186.00 Million | $682.00 Million | $496.00 Million | ▲ +10.1% |
| 1998 | 0.25x | $159.00 Million | $642.00 Million | $483.00 Million | ▼ -41.9% |
| 1997 | 0.43x | $325.00 Million | $763.00 Million | $438.00 Million | ▼ -14.7% |
| 1996 | 0.50x | $346.00 Million | $693.00 Million | $347.00 Million | ▲ +30.3% |
| 1995 | 0.38x | $248.00 Million | $647.00 Million | $399.00 Million | ▼ -21.5% |
| 1994 | 0.49x | $255.00 Million | $522.00 Million | $267.00 Million | ▲ +2.2% |
| 1993 | 0.48x | $208.00 Million | $435.00 Million | $227.00 Million | ▼ -9.1% |
| 1992 | 0.53x | $191.00 Million | $363.00 Million | $172.00 Million | ▲ +110.8% |
| 1991 | -4.86x | $-141.00 Million | $29.00 Million | $170.00 Million | ▼ -834.3% |
| 1990 | 0.66x | $343.00 Million | $518.00 Million | $175.00 Million | ▲ +318.6% |
| 1989 | 0.16x | $48.10 Million | $304.10 Million | $256.00 Million | — |