ETN · 10-Q · 2026Q3 · Full report

Operating Cash Flow and Capex

Eaton Corp plc · 2026-11-03 · Importance 54 · Surprise 40 · In source text

Net cash provided by operating activities rose $436 million to $2.943 billion in the first nine months of 2026, with $263 million of the increase attributed to lower working-capital balances. Net cash used in investing activities increased by $11.224 billion, principally because business-acquisition cash spending rose to $11.079 billion from $1.504 billion. Capital expenditures increased to $721 million from $527 million, and Eaton expects approximately $1.15 billion of capex in 2026 to expand production capacity. Cash dividends paid were $1.285 billion in the first nine months of 2026, up from $1.222 billion in 2025.

Key facts

• Eaton's operating cash flow was $2,943 million for the first nine months of 2026, an increase of $436 million from 2025; working-capital balances being $263 million lower was the material factor. source
• Eaton's investing cash outflow increased by $11,224 million in the first nine months of 2026; cash paid for acquisitions was $11,079 million versus $1,504 million in 2025, and capital expenditures were $721 million versus $527 million. source

Impact estimates