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Side-by-side financial comparison of Eaton Corporation (ETN) and Kenvue (KVUE). Click either name above to swap in a different company.
Eaton Corporation is the larger business by last-quarter revenue ($7.1B vs $3.8B, roughly 1.9× Kenvue). Eaton Corporation runs the higher net margin — 16.0% vs 8.7%, a 7.3% gap on every dollar of revenue. On growth, Eaton Corporation posted the faster year-over-year revenue change (13.1% vs 3.2%). Eaton Corporation produced more free cash flow last quarter ($1.6B vs $744.0M). Over the past eight quarters, Eaton Corporation's revenue compounded faster (9.0% CAGR vs -1.5%).
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.
Kenvue Inc. is an American consumer health company. Formerly the Consumer Healthcare division of Johnson & Johnson, Kenvue owns well-known brands such as Aveeno, Band-Aid, Benadryl, Combantrin, Zyrtec, Johnson's, Listerine, Lactaid, Mylanta, Neutrogena, Trosyd, Calpol, Tylenol, and Visine. Kenvue is incorporated in Delaware and was originally headquartered in the Skillman section of Montgomery Township, New Jersey, before relocating to Summit, New Jersey.
ETN vs KVUE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $7.1B | $3.8B |
| Net Profit | $1.1B | $330.0M |
| Gross Margin | 36.8% | 56.5% |
| Operating Margin | 18.3% | 14.2% |
| Net Margin | 16.0% | 8.7% |
| Revenue YoY | 13.1% | 3.2% |
| Net Profit YoY | 16.5% | 12.6% |
| EPS (diluted) | $2.90 | $0.16 |
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 | $3.8B | ||
| Q3 25 | $7.0B | $3.8B | ||
| Q2 25 | $7.0B | $3.8B | ||
| Q1 25 | $6.4B | $3.7B | ||
| Q4 24 | $6.2B | $3.7B | ||
| Q3 24 | $6.3B | $3.9B | ||
| Q2 24 | $6.3B | $4.0B | ||
| Q1 24 | $5.9B | $3.9B |
| Q4 25 | $1.1B | $330.0M | ||
| Q3 25 | $1.0B | $398.0M | ||
| Q2 25 | $982.0M | $420.0M | ||
| Q1 25 | $964.0M | $322.0M | ||
| Q4 24 | $971.0M | $293.0M | ||
| Q3 24 | $1.0B | $383.0M | ||
| Q2 24 | $993.0M | $58.0M | ||
| Q1 24 | $821.0M | $296.0M |
| Q4 25 | 36.8% | 56.5% | ||
| Q3 25 | 38.3% | 59.1% | ||
| Q2 25 | 37.0% | 58.9% | ||
| Q1 25 | 38.4% | 58.0% | ||
| Q4 24 | 38.9% | 56.5% | ||
| Q3 24 | 38.6% | 58.5% | ||
| Q2 24 | 38.0% | 59.1% | ||
| Q1 24 | 37.3% | 57.6% |
| Q4 25 | 18.3% | 14.2% | ||
| Q3 25 | 18.2% | 16.7% | ||
| Q2 25 | 16.9% | 18.0% | ||
| Q1 25 | 18.5% | 14.9% | ||
| Q4 24 | 18.7% | 13.2% | ||
| Q3 24 | 19.0% | 16.8% | ||
| Q2 24 | 18.8% | 3.9% | ||
| Q1 24 | 16.8% | 14.1% |
| Q4 25 | 16.0% | 8.7% | ||
| Q3 25 | 14.5% | 10.6% | ||
| Q2 25 | 14.0% | 10.9% | ||
| Q1 25 | 15.1% | 8.6% | ||
| Q4 24 | 15.6% | 8.0% | ||
| Q3 24 | 15.9% | 9.8% | ||
| Q2 24 | 15.6% | 1.5% | ||
| Q1 24 | 13.8% | 7.6% |
| Q4 25 | $2.90 | $0.16 | ||
| Q3 25 | $2.59 | $0.21 | ||
| Q2 25 | $2.51 | $0.22 | ||
| Q1 25 | $2.45 | $0.17 | ||
| Q4 24 | $2.45 | $0.16 | ||
| Q3 24 | $2.53 | $0.20 | ||
| Q2 24 | $2.48 | $0.03 | ||
| Q1 24 | $2.04 | $0.15 |
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 | $1.1B |
| Total DebtLower is stronger | $8.8B | — |
| Stockholders' EquityBook value | $19.4B | $10.8B |
| Total Assets | $41.3B | $27.1B |
| Debt / EquityLower = less leverage | 0.45× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $803.0M | $1.1B | ||
| Q3 25 | $565.0M | $1.1B | ||
| Q2 25 | $584.0M | $1.1B | ||
| Q1 25 | $1.9B | $1.1B | ||
| Q4 24 | $2.1B | $1.1B | ||
| Q3 24 | $2.0B | $1.1B | ||
| Q2 24 | $2.8B | $1.0B | ||
| Q1 24 | $2.4B | $1.2B |
| Q4 25 | $8.8B | — | ||
| Q3 25 | $8.8B | — | ||
| Q2 25 | $8.8B | — | ||
| Q1 25 | $7.6B | — | ||
| Q4 24 | $8.5B | — | ||
| Q3 24 | $8.7B | — | ||
| Q2 24 | $8.6B | — | ||
| Q1 24 | $8.2B | — |
| Q4 25 | $19.4B | $10.8B | ||
| Q3 25 | $18.8B | $10.6B | ||
| Q2 25 | $18.6B | $10.7B | ||
| Q1 25 | $18.5B | $10.1B | ||
| Q4 24 | $18.5B | $9.7B | ||
| Q3 24 | $19.1B | $10.6B | ||
| Q2 24 | $19.2B | $10.2B | ||
| Q1 24 | $19.3B | $10.6B |
| Q4 25 | $41.3B | $27.1B | ||
| Q3 25 | $40.6B | $27.2B | ||
| Q2 25 | $40.5B | $27.1B | ||
| Q1 25 | $39.2B | $26.3B | ||
| Q4 24 | $38.4B | $25.6B | ||
| Q3 24 | $39.2B | $26.9B | ||
| Q2 24 | $39.4B | $26.4B | ||
| Q1 24 | $38.5B | $27.3B |
| Q4 25 | 0.45× | — | ||
| Q3 25 | 0.46× | — | ||
| Q2 25 | 0.47× | — | ||
| Q1 25 | 0.41× | — | ||
| Q4 24 | 0.46× | — | ||
| Q3 24 | 0.45× | — | ||
| Q2 24 | 0.45× | — | ||
| Q1 24 | 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $2.0B | $854.0M |
| Free Cash FlowOCF − Capex | $1.6B | $744.0M |
| FCF MarginFCF / Revenue | 22.3% | 19.7% |
| Capex IntensityCapex / Revenue | 5.6% | 2.9% |
| Cash ConversionOCF / Net Profit | 1.74× | 2.59× |
| TTM Free Cash FlowTrailing 4 quarters | $3.6B | $1.7B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0B | $854.0M | ||
| Q3 25 | $1.4B | $294.0M | ||
| Q2 25 | $918.0M | $621.0M | ||
| Q1 25 | $238.0M | $428.0M | ||
| Q4 24 | $1.6B | $793.0M | ||
| Q3 24 | $1.3B | $249.0M | ||
| Q2 24 | $946.0M | $440.0M | ||
| Q1 24 | $475.0M | $287.0M |
| Q4 25 | $1.6B | $744.0M | ||
| Q3 25 | $1.2B | $196.0M | ||
| Q2 25 | $716.0M | $533.0M | ||
| Q1 25 | $91.0M | $249.0M | ||
| Q4 24 | $1.3B | $661.0M | ||
| Q3 24 | $1.1B | $190.0M | ||
| Q2 24 | $759.0M | $350.0M | ||
| Q1 24 | $292.0M | $134.0M |
| Q4 25 | 22.3% | 19.7% | ||
| Q3 25 | 16.8% | 5.2% | ||
| Q2 25 | 10.2% | 13.9% | ||
| Q1 25 | 1.4% | 6.7% | ||
| Q4 24 | 21.5% | 18.1% | ||
| Q3 24 | 17.7% | 4.9% | ||
| Q2 24 | 12.0% | 8.8% | ||
| Q1 24 | 4.9% | 3.4% |
| Q4 25 | 5.6% | 2.9% | ||
| Q3 25 | 2.5% | 2.6% | ||
| Q2 25 | 2.9% | 2.3% | ||
| Q1 25 | 2.3% | 4.8% | ||
| Q4 24 | 4.1% | 3.6% | ||
| Q3 24 | 2.9% | 1.5% | ||
| Q2 24 | 2.9% | 2.3% | ||
| Q1 24 | 3.1% | 3.9% |
| Q4 25 | 1.74× | 2.59× | ||
| Q3 25 | 1.34× | 0.74× | ||
| Q2 25 | 0.93× | 1.48× | ||
| Q1 25 | 0.25× | 1.33× | ||
| Q4 24 | 1.64× | 2.71× | ||
| Q3 24 | 1.30× | 0.65× | ||
| Q2 24 | 0.95× | 7.59× | ||
| Q1 24 | 0.58× | 0.97× |
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% |
KVUE
| Self Care | $1.6B | 42% |
| Essential Health | $1.1B | 30% |
| Skin Health And Beauty | $1.0B | 28% |