Eaton (ETN) EBITDA Margin (2012 - 2026)
Eaton's EBITDA Margin came in at 22.95% for Q3 2026, down 0.31 percentage points from 23.25% a year earlier but up 1.95 percentage points from the prior quarter.
Eaton (ETN) EBITDA Margin (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Eaton reported EBITDA Margin of 21.66%, down 0.99 percentage points year-over-year; for FY2025, it was 22.64%, up 0.32 percentage points from FY2024.
- EBITDA Margin has increased in each of the last five years, with a five-year change of +7.89 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 22.32% in FY2024 (+1.58 pp), 20.74% in FY2023 (+1.71 pp), 19.03% in FY2022 (+1.78 pp) and 17.25% in FY2021 (+2.49 pp).
- The five-year range for quarterly EBITDA Margin is 17.82% (Q1 2022) to 23.38% (Q4 2024).
- Year-over-year, EBITDA Margin has declined for four consecutive quarters, with an average year-over-year change of -0.15 percentage points over the last eight quarters.
- The fastest year-over-year change in EBITDA Margin over five years came in Q3 2023 (a gain of 2.59 percentage points), and the weakest in Q1 2026 (a drop of 3.09 percentage points).
- Business Quant data shows ETN's EBITDA Margin at 20.99% (Q2 2026), 19.38% (Q1 2026) and 23.26% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 268.42 Bn | 239.73 Bn | 7.35 Bn | 23.35% |
| 2 | Amphenol | 200.18 Bn | 194.88 Bn | 4.02 Bn | 32.93% |
| 3 | Deere | 182.33 Bn | 150.42 Bn | 4.66 Bn | 19.50% |
| 4 | Eaton | 139.45 Bn | 136.39 Bn | 3.11 Bn | 22.95% |
| 5 | Parker-Hannifin | 120.96 Bn | 118.84 Bn | 2.26 Bn | 24.73% |
| 6 | 3M | 97.01 Bn | 78.45 Bn | 2.78 Bn | 28.77% |
| 7 | Emerson Electric | 93.92 Bn | 86.65 Bn | 2.66 Bn | 34.66% |
| 8 | Illinois Tool Works | 80.83 Bn | 77.51 Bn | 1.91 Bn | 30.15% |
| 9 | Vertiv Holdings | 75.75 Bn | 64.60 Bn | 1.64 Bn | 25.35% |
| 10 | TE Connectivity | 63.95 Bn | 59.09 Bn | 1.84 Bn | 23.97% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.95% |
| Jun 30, 2026 | 20.99% |
| Mar 31, 2026 | 19.38% |
| Dec 31, 2025 | 23.26% |
| Sep 30, 2025 | 23.25% |
| Jun 30, 2025 | 21.59% |
| Mar 31, 2025 | 22.47% |
| Dec 31, 2024 | 23.38% |
| Sep 30, 2024 | 22.79% |
| Jun 30, 2024 | 22.36% |
| Mar 31, 2024 | 20.68% |
| Dec 31, 2023 | 21.94% |
| Sep 30, 2023 | 21.92% |
| Jun 30, 2023 | 20.01% |
| Mar 31, 2023 | 18.95% |
| Dec 31, 2022 | 20.67% |
| Sep 30, 2022 | 19.33% |
| Jun 30, 2022 | 18.15% |
| Mar 31, 2022 | 17.82% |
| Dec 31, 2021 | 18.70% |
Eaton EBITDA 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=ebitda-margin&ticker=ETN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-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=ebitda-margin&ticker=ETN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();