Eaton (ETN) FCF Margin (2012 - 2026)
Eaton (ETN) reported FCF Margin of 10.24% for Q2 2026, up 0.06 percentage points from 10.19% a year earlier and up 6.03 percentage points from the prior quarter.
Eaton (ETN) FCF Margin (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Eaton's FCF Margin came in at 13.10%, up 0.50 percentage points year-over-year; for FY2025, it came in at 12.94%, down 1.20 percentage points from FY2024.
- FCF Margin has a five-year change of -1.36 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 14.15% in FY2024 (+1.79 pp), 12.36% in FY2023 (+3.04 pp), 9.32% in FY2022 (+1.23 pp) and 8.09% in FY2021 (-6.22 pp).
- Five-year quarterly FCF Margin spans a low of -1.51% in Q1 2022 and a high of 22.30% in Q4 2025.
- Year over year, FCF Margin has now increased in each of the last three quarters, with an average year-over-year change of +0.43 percentage points over the last eight quarters.
- The high point for year-over-year FCF Margin in five years was Q3 2022 (a gain of 8.90 percentage points); the low point was Q3 2021 (a drop of 11.66 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.21% (Q1 2026), 22.30% (Q4 2025) and 16.79% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 18.42% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 13.72% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 12.45% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 10.24% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 27.16% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 28.30% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 27.13% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 11.74% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 14.67% |
| 10 | Cummins | 71.78 Bn | 68.92 Bn | 2.47 Bn | 13.22% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.24% |
| Mar 31, 2026 | 4.21% |
| Dec 31, 2025 | 22.30% |
| Sep 30, 2025 | 16.79% |
| Jun 30, 2025 | 10.19% |
| Mar 31, 2025 | 1.43% |
| Dec 31, 2024 | 21.51% |
| Sep 30, 2024 | 17.75% |
| Jun 30, 2024 | 11.95% |
| Mar 31, 2024 | 4.91% |
| Dec 31, 2023 | 17.68% |
| Sep 30, 2023 | 15.53% |
| Jun 30, 2023 | 11.76% |
| Mar 31, 2023 | 3.81% |
| Dec 31, 2022 | 18.15% |
| Sep 30, 2022 | 15.62% |
| Jun 30, 2022 | 3.86% |
| Mar 31, 2022 | -1.51% |
| Dec 31, 2021 | 13.17% |
| Sep 30, 2021 | 6.72% |
Eaton FCF 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=fcf-margin&ticker=ETN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=ETN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();