Eaton (ETN) Net Margin (2012 - 2026)
Eaton's (ETN) quarterly Net Margin came in at 9.65% in Q2 2026, down 434.0% year-over-year from 2.89% in Q2 2025, and down 17.09% quarter-over-quarter from 11.64% in Q1 2026.
Analysis
Eaton (ETN) Net Margin (2012 - 2026) Analysis & Trends
Eaton (ETN) has reported Net Margin for 15 consecutive years, with 9.65% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 434.0% year-over-year to 9.65% in Q2 2026; TTM through Jun 2026 was 12.77%, a 235.0% decrease from a year earlier, with the FY2025 full-year figure at 14.9%, down 36.0% from the prior year.
- Net Margin was 9.65% for Q2 2026 at Eaton, down 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.
- Across the five-year window, Net Margin surged 373 bps in 2023 and slumped 434 bps in 2026, its largest moves.
- Over 5 years, Net Margin stood at 13.41% in 2022, then advanced by 18 bps to 15.87% in 2023, then retreated by 2 bps to 15.58% in 2024, then advanced by 3 bps to 16.07% in 2025, then sank by 40 bps to 9.65% in 2026.
- The last three Net Margin figures came in at 9.65% (Q2 2026), 11.64% (Q1 2026), and 16.07% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 200.46 Bn | 194.35 Bn | 3.55 Bn | 20.37% |
| 2 | Eaton | 161.54 Bn | 160.85 Bn | 2.86 Bn | 9.65% |
| 3 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 15.20% |
| 4 | TE Connectivity | 59.59 Bn | 58.35 Bn | 1.84 Bn | 14.50% |
| 5 | nVent Electric | 25.65 Bn | 25.40 Bn | 558.00 Mn | 14.67% |
| 6 | Hubbell | 24.08 Bn | 23.69 Bn | 613.00 Mn | 14.15% |
| 7 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 9.42% |
| 8 | Aptiv | 9.45 Bn | 8.69 Bn | 775.00 Mn | 8.06% |
| 9 | Valmont Industries | 9.30 Bn | 9.17 Bn | 340.82 Mn | 10.72% |
| 10 | Vicor | 8.40 Bn | 7.95 Bn | 83.12 Mn | 34.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.65% |
| Mar 31, 2026 | 11.64% |
| Dec 31, 2025 | 16.07% |
| 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% |