Eaton (ETN) Return on Capital Employed (2012 - 2026)
Eaton's (ETN) quarterly Return on Capital Employed came in at 14.09% in Q1 2026, down 241.0% year-on-year from 9.99% in Q1 2025, and down 13.79% on a QoQ basis from 16.35% in Q4 2025.
Eaton (ETN) Return on Capital Employed (2012 - 2026) Analysis & Trends
Eaton (ETN) has 15 years of Return on Capital Employed data on file, last reported at 14.09% in Q1 2026.
- On a quarterly basis, Return on Capital Employed fell 241.0% year-over-year to 14.09% in Q1 2026; TTM through Mar 2026 was 14.09%, a 241.0% decrease from a year earlier, with the FY2025 full-year figure at 16.95%, up 179.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 14.09%, down from 16.35% in the prior quarter.
- Over the last five years, Return on Capital Employed for ETN reached as high as 28.74% in Q1 2022 and fell as low as 28.87% in Q2 2022.
- Historically, Return on Capital Employed has averaged 12.98% across 5 years, with a median of 14.09% in 2026.
- Across the five-year window, Return on Capital Employed slumped 3790 bps in 2022 and soared 4046 bps in 2023, its largest moves.
- Year by year, Return on Capital Employed stood at 10.57% in 2022, then gained by 22 bps to 12.9% in 2023, then gained by 16 bps to 14.97% in 2024, then gained by 9 bps to 16.35% in 2025, then retreated by 14 bps to 14.09% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 14.09% in Q1 2026, 16.35% in Q4 2025, and 16.23% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 8.04% |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 14.09% |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 18.36% |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 15.97% |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 14.32% |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 39.40% |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 14.67% |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 31.32% |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 6.93% |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | 8.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.09% |
| Dec 31, 2025 | 16.35% |
| Sep 30, 2025 | 16.23% |
| Jun 30, 2025 | 16.17% |
| Mar 31, 2025 | 16.50% |
| Dec 31, 2024 | 14.97% |
| Sep 30, 2024 | 14.30% |
| Jun 30, 2024 | 14.06% |
| Mar 31, 2024 | 13.24% |
| Dec 31, 2023 | 12.90% |
| Sep 30, 2023 | 12.50% |
| Jun 30, 2023 | 11.60% |
| Mar 31, 2023 | 10.89% |
| Dec 31, 2022 | 10.57% |
| Sep 30, 2022 | 26.37% |
| Jun 30, 2022 | -28.87% |
| Mar 31, 2022 | 28.74% |
| Dec 31, 2021 | 9.17% |
| Sep 30, 2021 | 8.15% |
| Jun 30, 2021 | 9.04% |