Eaton (ETN) Return on Capital Employed (2012 - 2026)
Eaton (ETN) posted quarterly Return on Capital Employed of 32.86% for Q2 2026, up 1669.0% year-over-year from 1.86% in Q2 2025, and down 43.65% on a QoQ basis from 58.31% in Q1 2026.
Eaton (ETN) Return on Capital Employed (2012 - 2026) Analysis & Trends
Eaton has reported Return on Capital Employed for 15 years, with the latest figure at 32.86% in Q2 2026.
- Return on Capital Employed for Q2 2026 came in at 32.86%, up 1669.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 32.86% (up 1669.0% YoY), and the FY2025 annual result was 17.11%, up 195.0% from the prior year.
- Return on Capital Employed eased to 32.86% in Q2 2026, from 58.31% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 58.31% in Q1 2026 and troughed at 28.87% in Q2 2022.
- A 5-year average of 16.55% and a median of 14.64% in 2024 frame the typical range for Return on Capital Employed.
- The widest annual swing landed in 2022, when Return on Capital Employed plunged 3790 bps; it then jumped 4180 bps in 2026.
- A 5-year view of Return on Capital Employed shows it stood at 10.57% in 2022, then increased by 22 bps to 12.9% in 2023, then increased by 16 bps to 14.97% in 2024, then rose by 10 bps to 16.5% in 2025, then jumped by 99 bps to 32.86% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 32.86% in Q2 2026, 58.31% in Q1 2026, and 16.5% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | 8.04% |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 32.86% |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 18.36% |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | 14.90% |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 15.98% |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 41.86% |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 14.77% |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 23.62% |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 9.23% |
| 10 | Otis Worldwide | 27.38 Bn | 26.57 Bn | 1.14 Bn | 87.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 32.86% |
| 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% |