Eaton Corp plc R&D Expense 2010-2025 | ETN
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What is r&d expense?
Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.
What is Eaton Corp plc's current r&d expense?
Eaton Corp plc (ETN) annual r&d expense for 2024 was $794.0M, a 5.31% increase from 2023. Eaton Corp plc r&d expense for the quarter ending September 30, 2025 was $203.0M.
What was Eaton Corp plc's r&d expense in 2023?
Eaton Corp plc annual r&d expense for 2023 was $754.0M, a 13.38% increase from 2022.
What was Eaton Corp plc's r&d expense in 2022?
Eaton Corp plc annual r&d expense for 2022 was $665.0M, a 7.95% increase from 2021.
What is Eaton Corp plc's 5-year r&d expense CAGR?
Eaton Corp plc r&d expense grew at a compound annual growth rate (CAGR) of 5.55% from FY2019 to FY2024, going from $606.0M to $794.0M over 5 years.
R&D Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+5.6%
FY2019
$606.0M
→
FY2024
$794.0M
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5 years selected
R&D Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2024 | $794.0M | +5.3% | 10-K |
| FY2023 | $754.0M | +13.4% | 10-K |
| FY2022 | $665.0M | +8.0% | 10-K |
| FY2021 | $616.0M | +11.8% | 10-K |
| FY2020 | $551.0M | -9.1% | 10-K |
| FY2019 | $606.0M | +3.8% | 10-K |
| FY2018 | $584.0M | +0.0% | 10-K |
| FY2017 | $584.0M | -0.5% | 10-K |
| FY2016 | $587.0M | -6.1% | 10-K |
| FY2015 | $625.0M | -3.4% | 10-K |
| FY2014 | $647.0M | +0.5% | 10-K |
| FY2013 | $644.0M | +46.7% | 10-K |
| FY2012 | $439.0M | +5.3% | 10-K |
| FY2011 | $417.0M | -1.9% | 10-K |
| FY2010 | $425.0M | - | 10-K |
Company: Eaton Corp plcTicker: ETNSector: IndustrialIndustry: Misc Industrial & Commercial Machinery & EquipmentView company profile →