Eaton (ETN) Net Margin (2012 - 2026)
Eaton (ETN) posted quarterly Net Margin of 9.65% for Q2 2026, down 434.0% year-over-year from 2.89% in Q2 2025, and down 17.09% on a QoQ basis from 11.64% in Q1 2026.
Eaton (ETN) Net Margin (2012 - 2026) Analysis & Trends
Eaton has reported Net Margin for 15 years, with the latest figure at 9.65% in Q2 2026.
- Net Margin for Q2 2026 came in at 9.65%, down 434.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 12.77% (down 235.0% YoY), and the FY2025 annual result was 14.9%, down 36.0% from the prior year.
- Net Margin slipped to 9.65% in Q2 2026, from 11.64% in the prior quarter.
- Over five years, Net Margin peaked at 16.07% in Q4 2025 and troughed at 9.65% in Q2 2026.
- A 5-year average of 13.6% and a median of 13.91% in 2024 frame the typical range for Net Margin.
- The widest annual swing landed in 2023, when Net Margin jumped 373 bps; it then sank 434 bps in 2026.
- A 5-year view of Net Margin shows it stood at 13.41% in 2022, then grew by 18 bps to 15.87% in 2023, then slipped by 2 bps to 15.58% in 2024, then grew by 3 bps to 16.07% in 2025, then tumbled by 40 bps to 9.65% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 9.65% in Q2 2026, 11.64% in Q1 2026, and 16.07% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 5.84% |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 9.65% |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 16.48% |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 14.73% |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 9.86% |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 18.95% |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 19.90% |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 17.64% |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 12.59% |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 11.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.65% |
| Mar 31, 2026 | 11.64% |
| Dec 31, 2025 | 16.18% |
| Sep 30, 2025 | 14.47% |
| Jun 30, 2025 | 13.99% |
| Mar 31, 2025 | 15.13% |
| Dec 31, 2024 | 15.58% |
| Sep 30, 2024 | 15.93% |
| Jun 30, 2024 | 15.65% |
| Mar 31, 2024 | 13.83% |
| Dec 31, 2023 | 15.87% |
| Sep 30, 2023 | 15.17% |
| Jun 30, 2023 | 12.70% |
| Mar 31, 2023 | 11.65% |
| Dec 31, 2022 | 13.41% |
| Sep 30, 2022 | 11.44% |
| Jun 30, 2022 | 11.53% |
| Mar 31, 2022 | 11.01% |
| Dec 31, 2021 | 11.48% |
| Sep 30, 2021 | 12.80% |