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Side-by-side financial comparison of Edison International (EIX) and Eaton Corporation (ETN). Click either name above to swap in a different company.

Eaton Corporation is the larger business by last-quarter revenue ($7.1B vs $5.2B, roughly 1.4× Edison International). Edison International runs the higher net margin — 35.4% vs 16.0%, a 19.4% gap on every dollar of revenue. On growth, Edison International posted the faster year-over-year revenue change (30.8% vs 13.1%). Eaton Corporation produced more free cash flow last quarter ($1.6B vs $-319.0M). Over the past eight quarters, Edison International's revenue compounded faster (13.1% CAGR vs 9.0%).

Edison International is a public utility holding company based in Rosemead, California. Its subsidiaries include Southern California Edison, and unregulated non-utility business assets Edison Energy. Edison's roots trace back to Holt & Knupps, a company founded in 1886 as a provider of street lights in Visalia, California.

Eaton Corporation plc is an Irish multinational power management company, with a primary administrative center in Beachwood, Ohio. Eaton has more than 85,000 employees and sells products to customers in more than 175 countries.

EIX vs ETN — Head-to-Head

Bigger by revenue
ETN
ETN
1.4× larger
ETN
$7.1B
$5.2B
EIX
Growing faster (revenue YoY)
EIX
EIX
+17.8% gap
EIX
30.8%
13.1%
ETN
Higher net margin
EIX
EIX
19.4% more per $
EIX
35.4%
16.0%
ETN
More free cash flow
ETN
ETN
$1.9B more FCF
ETN
$1.6B
$-319.0M
EIX
Faster 2-yr revenue CAGR
EIX
EIX
Annualised
EIX
13.1%
9.0%
ETN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EIX
EIX
ETN
ETN
Revenue
$5.2B
$7.1B
Net Profit
$1.8B
$1.1B
Gross Margin
36.8%
Operating Margin
52.8%
18.3%
Net Margin
35.4%
16.0%
Revenue YoY
30.8%
13.1%
Net Profit YoY
443.5%
16.5%
EPS (diluted)
$4.78
$2.90

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EIX
EIX
ETN
ETN
Q4 25
$5.2B
$7.1B
Q3 25
$5.8B
$7.0B
Q2 25
$4.5B
$7.0B
Q1 25
$3.8B
$6.4B
Q4 24
$4.0B
$6.2B
Q3 24
$5.2B
$6.3B
Q2 24
$4.3B
$6.3B
Q1 24
$4.1B
$5.9B
Net Profit
EIX
EIX
ETN
ETN
Q4 25
$1.8B
$1.1B
Q3 25
$832.0M
$1.0B
Q2 25
$343.0M
$982.0M
Q1 25
$1.4B
$964.0M
Q4 24
$340.0M
$971.0M
Q3 24
$516.0M
$1.0B
Q2 24
$439.0M
$993.0M
Q1 24
$-11.0M
$821.0M
Gross Margin
EIX
EIX
ETN
ETN
Q4 25
36.8%
Q3 25
38.3%
Q2 25
37.0%
Q1 25
38.4%
Q4 24
38.9%
Q3 24
38.6%
Q2 24
38.0%
Q1 24
37.3%
Operating Margin
EIX
EIX
ETN
ETN
Q4 25
52.8%
18.3%
Q3 25
24.9%
18.2%
Q2 25
17.1%
16.9%
Q1 25
56.0%
18.5%
Q4 24
19.8%
18.7%
Q3 24
19.1%
19.0%
Q2 24
20.8%
18.8%
Q1 24
6.0%
16.8%
Net Margin
EIX
EIX
ETN
ETN
Q4 25
35.4%
16.0%
Q3 25
14.5%
14.5%
Q2 25
7.6%
14.0%
Q1 25
37.7%
15.1%
Q4 24
8.5%
15.6%
Q3 24
9.9%
15.9%
Q2 24
10.1%
15.6%
Q1 24
-0.3%
13.8%
EPS (diluted)
EIX
EIX
ETN
ETN
Q4 25
$4.78
$2.90
Q3 25
$2.16
$2.59
Q2 25
$0.89
$2.51
Q1 25
$3.72
$2.45
Q4 24
$0.89
$2.45
Q3 24
$1.32
$2.53
Q2 24
$1.13
$2.48
Q1 24
$-0.03
$2.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EIX
EIX
ETN
ETN
Cash + ST InvestmentsLiquidity on hand
$158.0M
$803.0M
Total DebtLower is stronger
$38.0B
$8.8B
Stockholders' EquityBook value
$17.6B
$19.4B
Total Assets
$94.0B
$41.3B
Debt / EquityLower = less leverage
2.16×
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EIX
EIX
ETN
ETN
Q4 25
$158.0M
$803.0M
Q3 25
$364.0M
$565.0M
Q2 25
$140.0M
$584.0M
Q1 25
$1.3B
$1.9B
Q4 24
$193.0M
$2.1B
Q3 24
$200.0M
$2.0B
Q2 24
$465.0M
$2.8B
Q1 24
$992.0M
$2.4B
Total Debt
EIX
EIX
ETN
ETN
Q4 25
$38.0B
$8.8B
Q3 25
$36.4B
$8.8B
Q2 25
$37.7B
$8.8B
Q1 25
$38.4B
$7.6B
Q4 24
$35.6B
$8.5B
Q3 24
$34.9B
$8.7B
Q2 24
$34.8B
$8.6B
Q1 24
$34.7B
$8.2B
Stockholders' Equity
EIX
EIX
ETN
ETN
Q4 25
$17.6B
$19.4B
Q3 25
$17.2B
$18.8B
Q2 25
$16.7B
$18.6B
Q1 25
$16.6B
$18.5B
Q4 24
$15.6B
$18.5B
Q3 24
$15.7B
$19.1B
Q2 24
$15.4B
$19.2B
Q1 24
$15.2B
$19.3B
Total Assets
EIX
EIX
ETN
ETN
Q4 25
$94.0B
$41.3B
Q3 25
$90.5B
$40.6B
Q2 25
$88.8B
$40.5B
Q1 25
$88.4B
$39.2B
Q4 24
$85.6B
$38.4B
Q3 24
$84.7B
$39.2B
Q2 24
$84.8B
$39.4B
Q1 24
$83.6B
$38.5B
Debt / Equity
EIX
EIX
ETN
ETN
Q4 25
2.16×
0.45×
Q3 25
2.12×
0.46×
Q2 25
2.26×
0.47×
Q1 25
2.31×
0.41×
Q4 24
2.29×
0.46×
Q3 24
2.23×
0.45×
Q2 24
2.26×
0.45×
Q1 24
2.29×
0.42×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EIX
EIX
ETN
ETN
Operating Cash FlowLast quarter
$1.6B
$2.0B
Free Cash FlowOCF − Capex
$-319.0M
$1.6B
FCF MarginFCF / Revenue
-6.1%
22.3%
Capex IntensityCapex / Revenue
36.3%
5.6%
Cash ConversionOCF / Net Profit
0.85×
1.74×
TTM Free Cash FlowTrailing 4 quarters
$-715.0M
$3.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EIX
EIX
ETN
ETN
Q4 25
$1.6B
$2.0B
Q3 25
$2.1B
$1.4B
Q2 25
$882.0M
$918.0M
Q1 25
$1.2B
$238.0M
Q4 24
$1.2B
$1.6B
Q3 24
$2.5B
$1.3B
Q2 24
$329.0M
$946.0M
Q1 24
$1.0B
$475.0M
Free Cash Flow
EIX
EIX
ETN
ETN
Q4 25
$-319.0M
$1.6B
Q3 25
$618.0M
$1.2B
Q2 25
$-830.0M
$716.0M
Q1 25
$-184.0M
$91.0M
Q4 24
$-326.0M
$1.3B
Q3 24
$961.0M
$1.1B
Q2 24
$-1.1B
$759.0M
Q1 24
$-236.0M
$292.0M
FCF Margin
EIX
EIX
ETN
ETN
Q4 25
-6.1%
22.3%
Q3 25
10.7%
16.8%
Q2 25
-18.3%
10.2%
Q1 25
-4.8%
1.4%
Q4 24
-8.2%
21.5%
Q3 24
18.5%
17.7%
Q2 24
-25.2%
12.0%
Q1 24
-5.8%
4.9%
Capex Intensity
EIX
EIX
ETN
ETN
Q4 25
36.3%
5.6%
Q3 25
26.2%
2.5%
Q2 25
37.7%
2.9%
Q1 25
36.9%
2.3%
Q4 24
37.6%
4.1%
Q3 24
29.1%
2.9%
Q2 24
32.8%
2.9%
Q1 24
31.4%
3.1%
Cash Conversion
EIX
EIX
ETN
ETN
Q4 25
0.85×
1.74×
Q3 25
2.55×
1.34×
Q2 25
2.57×
0.93×
Q1 25
0.85×
0.25×
Q4 24
3.44×
1.64×
Q3 24
4.79×
1.30×
Q2 24
0.75×
0.95×
Q1 24
0.58×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EIX
EIX

Commercial$2.2B43%
Residential$1.2B23%
Other$966.0M19%
Other Operating Revenue$802.0M15%

ETN
ETN

Other$1.8B26%
Electrical Global Segment$1.7B24%
Aerospace Segment$1.1B16%
Vehicle Segment$586.0M8%
Original Equipment Manufacturers$438.0M6%
Aftermarket Distribution And End User$403.0M6%
Commercial$341.0M5%
Industrialand Other$269.0M4%
Passenger And Light Duty$244.0M3%
E Mobility Segment$124.0M2%

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