Eaton Corporation
1.76 %
-1.57 %
Yet to be announced
Company Overview
Eaton Corporation plc operates as a power management company worldwide. Its Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies. Its Aerospace segment offers pumps, motors, hydraulic power units, hoses and fittings, and electro-hydraulic pumps. Its Vehicle segment offers transmissions, clutches, hybrid power systems, superchargers, engine valves and valve actuation systems.
Revenue Sources
PassBased on Eaton's SEC filings and business operations, their revenue primarily comes from power management solutions, electrical products, aerospace systems, and vehicle components. These core business activities are halal as they involve the exchange of legitimate products and services that create real value. None of their major revenue streams come from prohibited activities like gambling, alcohol, tobacco, or other haram sources.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $6.38b | $5.21b | - | $33.0m | 0.00% | 0.63% |
| Dec. 31, 2024 | $6.24b | $5.06b | - | $42.0m | 0.00% | 0.83% |
| Sept. 30, 2024 | $6.34b | $5.16b | - | $29.0m | 0.00% | 0.56% |
| June 30, 2024 | $6.35b | $5.19b | - | $29.0m | 0.00% | 0.56% |
Analyzing the last four quarters of financial data: Interest expense has remained relatively stable between $26-30 million per quarter, while total expenses ranged from $4.9-5.2 billion. The ratio of interest expense to total expenses remains consistently below the 5% threshold for significance.
Interest income is reported as $0 across all quarters, indicating the company does not derive income from interest-bearing activities.
Operational Ethics
PassBased on review of Eaton's public disclosures and operations, there is no evidence of significant ongoing associations with entities involved in human rights violations. While the company has global operations, there are no documented material ties to the Chinese Communist Party or the state of Israel that would raise concerns.
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