R&D expense · 2011–2025

Eaton R&D expense

$797M+0.4% · FY2025

Eaton (ETN) reported $797M in R&D expense for fiscal 2025, +0.4% year on year.

$417M2011$439M2012$644M2013$647M2014$625M2015$587M2016$584M2017$584M2018$606M2019$551M2020$616M2021$665M2022$754M2023$794M2024$797M2025
Eaton — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$797M+0.4%Open →
FY20242024-12-31$794M+5.3%Open →
FY20232023-12-31$754M+13.4%Open →
FY20222022-12-31$665M+8.0%Open →
FY20212021-12-31$616M+11.8%Open →
FY20202020-12-31$551M−9.1%Open →
FY20192019-12-31$606M+3.8%Open →
FY20182018-12-31$584M0.0%Open →
FY20172017-12-31$584M−0.5%Open →
FY20162016-12-31$587M−6.1%Open →
FY20152015-12-31$625M−3.4%Open →
FY20142014-12-31$647M+0.5%Open →
FY20132013-12-31$644M+46.7%Open →
FY20122012-12-31$439M+5.3%Open →
FY20112011-12-31$417M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +4.7%

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Eaton R&D expense |url=https://companiesranked.com/en/company/eaton/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Eaton R&D expense. CompaniesRanked. https://companiesranked.com/en/company/eaton/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-eaton-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Eaton R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/eaton/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001551182-26-000007 · February 26, 2026

{{cite web |title=Eaton R&D expense — 10-K (0001551182-26-000007) |url=https://www.sec.gov/Archives/edgar/data/1551182/000155118226000007/etn-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-26}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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