Eaton (ETN) Asset Utilization Ratio (2012 - 2026)
Eaton's (ETN) Asset Utilization Ratio was 0.56 for Q3 2026, down 14.2% from 0.66 a year earlier but up 4.3% from the prior quarter.
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Analysis
Eaton (ETN) Asset Utilization Ratio (2012 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Eaton was 0.69, up 6.4% from FY2024.
- Asset Utilization Ratio has increased for five consecutive years.
- By year, Asset Utilization Ratio came in at 0.65 in FY2024 (+2.6%), 0.63 in FY2023 (+5.1%), 0.60 in FY2022 (+0.8%) and 0.60 in FY2021 (+7.9%).
- Five-year quarterly Asset Utilization Ratio spans a low of 0.54 in Q2 2026 and a high of 0.67 in Q4 2025.
- Year over year, Asset Utilization Ratio has now declined in each of the last three quarters, with an average decline of 1.9% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q2 2023 (growth of 8.5%); the low point was Q2 2026 (a decline of 17.2%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 0.54 (Q2 2026), 0.59 (Q1 2026) and 0.67 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 268.42 Bn | 239.73 Bn | 7.35 Bn | 0.74 |
| 2 | Amphenol | 200.18 Bn | 194.88 Bn | 4.02 Bn | 0.72 |
| 3 | Deere | 182.33 Bn | 150.42 Bn | 4.66 Bn | 0.45 |
| 4 | Eaton | 139.45 Bn | 136.39 Bn | 3.11 Bn | 0.56 |
| 5 | Parker-Hannifin | 120.96 Bn | 118.84 Bn | 2.26 Bn | 0.62 |
| 6 | 3M | 97.01 Bn | 78.45 Bn | 2.78 Bn | 0.68 |
| 7 | Emerson Electric | 93.92 Bn | 86.65 Bn | 2.66 Bn | 0.44 |
| 8 | Illinois Tool Works | 80.83 Bn | 77.51 Bn | 1.91 Bn | 1.01 |
| 9 | Vertiv Holdings | 75.75 Bn | 64.60 Bn | 1.64 Bn | 0.77 |
| 10 | TE Connectivity | 63.95 Bn | 59.09 Bn | 1.84 Bn | 0.75 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.56 |
| Jun 30, 2026 | 0.54 |
| Mar 31, 2026 | 0.59 |
| Dec 31, 2025 | 0.67 |
| Sep 30, 2025 | 0.66 |
| Jun 30, 2025 | 0.65 |
| Mar 31, 2025 | 0.65 |
| Dec 31, 2024 | 0.64 |
| Sep 30, 2024 | 0.63 |
| Jun 30, 2024 | 0.62 |
| Mar 31, 2024 | 0.61 |
| Dec 31, 2023 | 0.61 |
| Sep 30, 2023 | 0.61 |
| Jun 30, 2023 | 0.61 |
| Mar 31, 2023 | 0.61 |
| Dec 31, 2022 | 0.60 |
| Sep 30, 2022 | 0.58 |
| Jun 30, 2022 | 0.56 |
| Mar 31, 2022 | 0.57 |
| Dec 31, 2021 | 0.58 |
API Access
Eaton Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ETN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "ETN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ETN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();