Eaton (ETN) Net Margin (2012 - 2026)
Eaton's (ETN) quarterly Net Margin came in at 11.64% in Q1 2026, down 350.0% year-on-year from 4.65% in Q1 2025, and down 28.1% on a QoQ basis from 16.18% in Q4 2025.
Eaton (ETN) Net Margin (2012 - 2026) Analysis & Trends
Eaton (ETN) has 15 years of Net Margin data on file, last reported at 11.64% in Q1 2026.
- On a quarterly basis, Net Margin fell 350.0% year-over-year to 11.64% in Q1 2026; TTM through Mar 2026 was 14.03%, a 154.0% decrease from a year earlier, with the FY2025 full-year figure at 14.93%, down 34.0% from the prior year.
- Net Margin for Q1 2026 stood at 11.64%, down from 16.18% in the prior quarter.
- Over the last five years, Net Margin for ETN reached as high as 16.18% in Q4 2025 and fell as low as 11.01% in Q1 2022.
- Historically, Net Margin has averaged 13.83% across 5 years, with a median of 13.99% in 2025.
- Across the five-year window, Net Margin jumped 373 bps in 2023 and plunged 350 bps in 2026, its largest moves.
- Year by year, Net Margin stood at 13.41% in 2022, then rose by 18 bps to 15.87% in 2023, then declined by 2 bps to 15.58% in 2024, then advanced by 4 bps to 16.18% in 2025, then slipped by 28 bps to 11.64% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 11.64% in Q1 2026, 16.18% in Q4 2025, and 14.47% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 5.84% |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 11.64% |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 16.48% |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 7.79% |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 13.55% |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 19.12% |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 20.71% |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 15.68% |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 10.49% |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | 8.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 9.70% |