Company / R&D Expense
Eaton Corporation R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$797.0M
FY2025
5-year range
$551.0M / $797.0M
FY2021-FY2025
Trend
+0.4%
vs FY2024
Sector context
#15 of 174
Industrials
What the data says
Among 174 Industrials companies, Eaton Corporation is in the top 9% for r&d expense. R&D Expense has increased for 3 consecutive years, from $551M in FY2022 to $797M in FY2025.
Based on SEC 10-K filings.
$797M in FY2025 with a 5-year CAGR of +6.4%. Top quartile in the Industrials sector.
Improved from $616M to $797M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +13.1%
- 5-Year CAGR
- +6.4%
- 10-Year CAGR
- -
Sector benchmark
Top 9% in IndustrialsTop 9% of 174This company $797.0M Sector average $273.7M
▼
+191.2% above sector average
Key checks
Key Insights
- Eaton Corporation's r&d expense has grown for 3 consecutive years.
- 5-year CAGR of +6.4%, indicating consistent growth.
- In FY2025, r&d expense increased 0.4% year-over-year.
- Ranks #15 out of 174 companies in the Industrials sector.
Company context
Key Data Points
- Strong return on equity: 20.8%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $797.0M | +0.4% |
| FY2024 | $794.0M | +28.9% |
| FY2023 | $616.0M | +11.8% |
| FY2022 | $551.0M | -9.1% |
| FY2021 | $606.0M | +3.8% |
| FY2020 | $584.0M | -3.6% |
| FY2019 | $606.0M | +3.8% |
| FY2018 | $584.0M | -6.6% |
| FY2017 | $625.0M | +6.5% |
| FY2016 | $587.0M | -6.1% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026