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Side-by-side financial comparison of Eaton Corporation (ETN) and Coca-Cola Company (The) (KO). Click either name above to swap in a different company.
Coca-Cola Company (The) is the larger business by last-quarter revenue ($11.8B vs $7.1B, roughly 1.7× Eaton Corporation). Coca-Cola Company (The) runs the higher net margin — 19.2% vs 16.0%, a 3.2% gap on every dollar of revenue. On growth, Eaton Corporation posted the faster year-over-year revenue change (13.1% vs 2.4%). Coca-Cola Company (The) produced more free cash flow last quarter ($2.9B vs $1.6B). Over the past eight quarters, Eaton Corporation's revenue compounded faster (9.0% CAGR vs 2.3%).
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.
The Coca-Cola Company is an American multinational corporation founded in 1892 headquartered in Atlanta, Georgia. It manufactures, sells and markets soft drinks including Coca-Cola, other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. Its stock is listed on the New York Stock Exchange and is a component of the DJIA and the S&P 500 and S&P 100 indices.
ETN vs KO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $7.1B | $11.8B |
| Net Profit | $1.1B | $2.3B |
| Gross Margin | 36.8% | 60.0% |
| Operating Margin | 18.3% | 15.6% |
| Net Margin | 16.0% | 19.2% |
| Revenue YoY | 13.1% | 2.4% |
| Net Profit YoY | 16.5% | 3.5% |
| EPS (diluted) | $2.90 | $0.53 |
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.
| Q4 25 | $7.1B | $11.8B | ||
| Q3 25 | $7.0B | $12.5B | ||
| Q2 25 | $7.0B | $12.5B | ||
| Q1 25 | $6.4B | $11.1B | ||
| Q4 24 | $6.2B | $11.5B | ||
| Q3 24 | $6.3B | $11.9B | ||
| Q2 24 | $6.3B | $12.4B | ||
| Q1 24 | $5.9B | $11.3B |
| Q4 25 | $1.1B | $2.3B | ||
| Q3 25 | $1.0B | $3.7B | ||
| Q2 25 | $982.0M | $3.8B | ||
| Q1 25 | $964.0M | $3.3B | ||
| Q4 24 | $971.0M | $2.2B | ||
| Q3 24 | $1.0B | $2.8B | ||
| Q2 24 | $993.0M | $2.4B | ||
| Q1 24 | $821.0M | $3.2B |
| Q4 25 | 36.8% | 60.0% | ||
| Q3 25 | 38.3% | 61.5% | ||
| Q2 25 | 37.0% | 62.4% | ||
| Q1 25 | 38.4% | 62.6% | ||
| Q4 24 | 38.9% | 60.0% | ||
| Q3 24 | 38.6% | 60.7% | ||
| Q2 24 | 38.0% | 61.1% | ||
| Q1 24 | 37.3% | 62.5% |
| Q4 25 | 18.3% | 15.6% | ||
| Q3 25 | 18.2% | 32.0% | ||
| Q2 25 | 16.9% | 34.1% | ||
| Q1 25 | 18.5% | 32.9% | ||
| Q4 24 | 18.7% | 23.5% | ||
| Q3 24 | 19.0% | 21.2% | ||
| Q2 24 | 18.8% | 21.3% | ||
| Q1 24 | 16.8% | 18.9% |
| Q4 25 | 16.0% | 19.2% | ||
| Q3 25 | 14.5% | 29.7% | ||
| Q2 25 | 14.0% | 30.4% | ||
| Q1 25 | 15.1% | 29.9% | ||
| Q4 24 | 15.6% | 19.0% | ||
| Q3 24 | 15.9% | 24.0% | ||
| Q2 24 | 15.6% | 19.5% | ||
| Q1 24 | 13.8% | 28.1% |
| Q4 25 | $2.90 | $0.53 | ||
| Q3 25 | $2.59 | $0.86 | ||
| Q2 25 | $2.51 | $0.88 | ||
| Q1 25 | $2.45 | $0.77 | ||
| Q4 24 | $2.45 | $0.50 | ||
| Q3 24 | $2.53 | $0.66 | ||
| Q2 24 | $2.48 | $0.56 | ||
| Q1 24 | $2.04 | $0.74 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $803.0M | $10.3B |
| Total DebtLower is stronger | $8.8B | $42.1B |
| Stockholders' EquityBook value | $19.4B | $32.2B |
| Total Assets | $41.3B | $104.8B |
| Debt / EquityLower = less leverage | 0.45× | 1.31× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $803.0M | $10.3B | ||
| Q3 25 | $565.0M | $12.7B | ||
| Q2 25 | $584.0M | $9.6B | ||
| Q1 25 | $1.9B | $8.4B | ||
| Q4 24 | $2.1B | $10.8B | ||
| Q3 24 | $2.0B | $13.9B | ||
| Q2 24 | $2.8B | $13.7B | ||
| Q1 24 | $2.4B | $10.4B |
| Q4 25 | $8.8B | $42.1B | ||
| Q3 25 | $8.8B | $43.2B | ||
| Q2 25 | $8.8B | $45.0B | ||
| Q1 25 | $7.6B | $43.5B | ||
| Q4 24 | $8.5B | $42.4B | ||
| Q3 24 | $8.7B | $43.0B | ||
| Q2 24 | $8.6B | $38.1B | ||
| Q1 24 | $8.2B | $36.5B |
| Q4 25 | $19.4B | $32.2B | ||
| Q3 25 | $18.8B | $31.2B | ||
| Q2 25 | $18.6B | $28.6B | ||
| Q1 25 | $18.5B | $26.2B | ||
| Q4 24 | $18.5B | $24.9B | ||
| Q3 24 | $19.1B | $26.5B | ||
| Q2 24 | $19.2B | $25.9B | ||
| Q1 24 | $19.3B | $26.4B |
| Q4 25 | $41.3B | $104.8B | ||
| Q3 25 | $40.6B | $106.0B | ||
| Q2 25 | $40.5B | $104.3B | ||
| Q1 25 | $39.2B | $101.7B | ||
| Q4 24 | $38.4B | $100.5B | ||
| Q3 24 | $39.2B | $106.3B | ||
| Q2 24 | $39.4B | $101.2B | ||
| Q1 24 | $38.5B | $99.4B |
| Q4 25 | 0.45× | 1.31× | ||
| Q3 25 | 0.46× | 1.38× | ||
| Q2 25 | 0.47× | 1.57× | ||
| Q1 25 | 0.41× | 1.66× | ||
| Q4 24 | 0.46× | 1.70× | ||
| Q3 24 | 0.45× | 1.62× | ||
| Q2 24 | 0.45× | 1.47× | ||
| Q1 24 | 0.42× | 1.38× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.0B | $3.8B |
| Free Cash FlowOCF − Capex | $1.6B | $2.9B |
| FCF MarginFCF / Revenue | 22.3% | 24.3% |
| Capex IntensityCapex / Revenue | 5.6% | 7.5% |
| Cash ConversionOCF / Net Profit | 1.74× | 1.65× |
| TTM Free Cash FlowTrailing 4 quarters | $3.6B | $5.3B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0B | $3.8B | ||
| Q3 25 | $1.4B | $5.0B | ||
| Q2 25 | $918.0M | $3.8B | ||
| Q1 25 | $238.0M | $-5.2B | ||
| Q4 24 | $1.6B | $4.0B | ||
| Q3 24 | $1.3B | $-1.3B | ||
| Q2 24 | $946.0M | $3.6B | ||
| Q1 24 | $475.0M | $528.0M |
| Q4 25 | $1.6B | $2.9B | ||
| Q3 25 | $1.2B | $4.6B | ||
| Q2 25 | $716.0M | $3.4B | ||
| Q1 25 | $91.0M | $-5.5B | ||
| Q4 24 | $1.3B | $3.1B | ||
| Q3 24 | $1.1B | $-1.7B | ||
| Q2 24 | $759.0M | $3.2B | ||
| Q1 24 | $292.0M | $158.0M |
| Q4 25 | 22.3% | 24.3% | ||
| Q3 25 | 16.8% | 36.6% | ||
| Q2 25 | 10.2% | 26.9% | ||
| Q1 25 | 1.4% | -49.5% | ||
| Q4 24 | 21.5% | 27.3% | ||
| Q3 24 | 17.7% | -14.6% | ||
| Q2 24 | 12.0% | 25.6% | ||
| Q1 24 | 4.9% | 1.4% |
| Q4 25 | 5.6% | 7.5% | ||
| Q3 25 | 2.5% | 3.8% | ||
| Q2 25 | 2.9% | 3.5% | ||
| Q1 25 | 2.3% | 2.8% | ||
| Q4 24 | 4.1% | 7.0% | ||
| Q3 24 | 2.9% | 4.0% | ||
| Q2 24 | 2.9% | 3.4% | ||
| Q1 24 | 3.1% | 3.3% |
| Q4 25 | 1.74× | 1.65× | ||
| Q3 25 | 1.34× | 1.36× | ||
| Q2 25 | 0.93× | 1.00× | ||
| Q1 25 | 0.25× | -1.56× | ||
| Q4 24 | 1.64× | 1.80× | ||
| Q3 24 | 1.30× | -0.44× | ||
| Q2 24 | 0.95× | 1.49× | ||
| Q1 24 | 0.58× | 0.17× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ETN
| Other | $1.8B | 26% |
| Electrical Global Segment | $1.7B | 24% |
| Aerospace Segment | $1.1B | 16% |
| Vehicle Segment | $586.0M | 8% |
| Original Equipment Manufacturers | $438.0M | 6% |
| Aftermarket Distribution And End User | $403.0M | 6% |
| Commercial | $341.0M | 5% |
| Industrialand Other | $269.0M | 4% |
| Passenger And Light Duty | $244.0M | 3% |
| E Mobility Segment | $124.0M | 2% |
KO
| Other | $7.0B | 59% |
| Finished Product Operations | $2.4B | 21% |
| Concentrate Operations | $2.4B | 20% |
