Eaton ETN
NYSE ETN
$415.32 -6.82 (-1.61%)
As of: Sep 9, 2026 · 3:59 PM EDT

Eaton (ETN) Gross Margin (2012 - 2026)

Eaton's (ETN) quarterly Gross Margin came in at 33.47% in Q2 2026, down 349.0% year-over-year from 13.44% in Q2 2025, and down 5.97% quarter-over-quarter from 35.59% in Q1 2026.

Analysis

Eaton (ETN) Gross Margin (2012 - 2026) Analysis & Trends

Eaton (ETN) has reported Gross Margin for 15 consecutive years, with 33.47% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 349.0% year-over-year to 33.47% in Q2 2026; TTM through Jun 2026 was 35.9%, a 226.0% decrease from a year earlier, with the FY2025 full-year figure at 37.59%, down 61.0% from the prior year.
  • Gross Margin was 33.47% for Q2 2026 at Eaton, down from 35.59% in the prior quarter.
  • Over five years, Gross Margin peaked at 38.93% in Q4 2024 and troughed at 32.5% in Q1 2022.
  • A 5-year average of 36.12% and a median of 36.89% in 2025 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin jumped 407 bps in 2023 and slumped 349 bps in 2026, its largest moves.
  • Over 5 years, Gross Margin stood at 34.14% in 2022, then grew by 10 bps to 37.46% in 2023, then grew by 4 bps to 38.93% in 2024, then dropped by 5 bps to 36.82% in 2025, then decreased by 9 bps to 33.47% in 2026.
  • The last three Gross Margin figures came in at 33.47% (Q2 2026), 35.59% (Q1 2026), and 36.82% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Amphenol 200.46 Bn 194.35 Bn 3.55 Bn 40.51%
2 Eaton 161.54 Bn 160.85 Bn 2.86 Bn 33.47%
3 Vertiv Holdings 100.83 Bn 97.72 Bn 1.23 Bn 37.71%
4 TE Connectivity 59.59 Bn 58.35 Bn 1.84 Bn 35.56%
5 nVent Electric 25.65 Bn 25.40 Bn 558.00 Mn 37.93%
6 Hubbell 24.08 Bn 23.69 Bn 613.00 Mn 35.81%
7 Advanced Energy Industries 11.11 Bn 9.69 Bn 236.10 Mn 41.13%
8 Aptiv 9.45 Bn 8.69 Bn 775.00 Mn 23.67%
9 Valmont Industries 9.30 Bn 9.17 Bn 340.82 Mn 30.47%
10 Vicor 8.40 Bn 7.95 Bn 83.12 Mn 57.98%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 33.47%
Mar 31, 2026 35.59%
Dec 31, 2025 36.82%
Sep 30, 2025 38.28%
Jun 30, 2025 36.95%
Mar 31, 2025 38.37%
Dec 31, 2024 38.93%
Sep 30, 2024 38.55%
Jun 30, 2024 37.95%
Mar 31, 2024 37.32%
Dec 31, 2023 37.46%
Sep 30, 2023 37.35%
Jun 30, 2023 36.12%
Mar 31, 2023 34.36%
Dec 31, 2022 34.14%
Sep 30, 2022 33.28%
Jun 30, 2022 32.75%
Mar 31, 2022 32.50%
Dec 31, 2021 32.76%
Sep 30, 2021 32.20%