Eaton (ETN) EBIT Margin (2012 - 2026)
Eaton (ETN) recorded EBIT Margin of 17.76% in Q3 2026, down 1.80 percentage points from 19.56% a year earlier but up 1.44 percentage points from the prior quarter.
Eaton (ETN) EBIT Margin (2012 - 2026) Analysis & Trends
On a TTM basis, Eaton's EBIT Margin came in at 17.32% as of Sep 30, 2026, down 1.64 percentage points year-over-year; for FY2025, it was 18.98%, up 0.36 percentage points from FY2024.
- Annual EBIT Margin has increased for five straight years, with a five-year change of +8.76 percentage points (FY2020 to FY2025).
- Across earlier years, EBIT Margin came in at 18.62% in FY2024 (+1.87 pp), 16.75% in FY2023 (+2.32 pp), 14.43% in FY2022 (+1.88 pp) and 12.55% in FY2021 (+2.33 pp).
- Quarterly EBIT Margin has ranged from 12.78% in Q1 2022 to 19.65% in Q4 2025 over the past five years.
- On a year-over-year basis, EBIT Margin has declined for three consecutive quarters, with an average year-over-year change of -0.42 percentage points over the last eight quarters.
- Peak year-over-year performance for EBIT Margin in the last five years was a gain of 3.16 percentage points in Q3 2023, against a drop of 3.10 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 16.32% (Q2 2026), 15.73% (Q1 2026) and 19.65% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 268.42 Bn | 239.73 Bn | 7.35 Bn | 20.38% |
| 2 | Amphenol | 200.18 Bn | 194.88 Bn | 4.02 Bn | 29.53% |
| 3 | Deere | 182.33 Bn | 150.42 Bn | 4.66 Bn | 14.72% |
| 4 | Eaton | 139.45 Bn | 136.39 Bn | 3.11 Bn | 17.76% |
| 5 | Parker-Hannifin | 120.96 Bn | 118.84 Bn | 2.26 Bn | 19.96% |
| 6 | 3M | 97.01 Bn | 78.45 Bn | 2.78 Bn | 23.66% |
| 7 | Emerson Electric | 93.92 Bn | 86.65 Bn | 2.66 Bn | 26.92% |
| 8 | Illinois Tool Works | 80.83 Bn | 77.51 Bn | 1.91 Bn | 27.79% |
| 9 | Vertiv Holdings | 75.75 Bn | 64.60 Bn | 1.64 Bn | 22.81% |
| 10 | TE Connectivity | 63.95 Bn | 59.09 Bn | 1.84 Bn | 19.01% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.76% |
| Jun 30, 2026 | 16.32% |
| Mar 31, 2026 | 15.73% |
| Dec 31, 2025 | 19.65% |
| Sep 30, 2025 | 19.56% |
| Jun 30, 2025 | 17.87% |
| Mar 31, 2025 | 18.83% |
| Dec 31, 2024 | 19.63% |
| Sep 30, 2024 | 19.09% |
| Jun 30, 2024 | 18.79% |
| Mar 31, 2024 | 16.89% |
| Dec 31, 2023 | 18.07% |
| Sep 30, 2023 | 18.03% |
| Jun 30, 2023 | 16.13% |
| Mar 31, 2023 | 14.61% |
| Dec 31, 2022 | 16.25% |
| Sep 30, 2022 | 14.87% |
| Jun 30, 2022 | 13.64% |
| Mar 31, 2022 | 12.78% |
| Dec 31, 2021 | 13.73% |
Eaton EBIT Margin 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=ebit-margin&ticker=ETN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=ETN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();