Eaton (ETN) Return on Capital Employed (2012 - 2026)
Eaton (ETN) reported Return on Capital Employed of 14.09% for Q1 2026, down 241.0% year-over-year from 9.99% in Q1 2025, and down 13.79% quarter-over-quarter 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.
- Return on Capital Employed for Q1 2026 came in at 14.09%, down 241.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.09% (down 241.0% YoY), and the FY2025 annual result was 16.95%, up 179.0% from the prior year.
- Return on Capital Employed eased to 14.09% in Q1 2026 per ETN's latest filing, from 16.35% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 16.5% in Q1 2025 and troughed at 9.55% in Q1 2022.
- A 5-year average of 13.16% and a median of 13.24% in 2024 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2025 and 2026: Return on Capital Employed surged 326 bps in 2025, then plunged 241 bps in 2026.
- A 5-year view of Return on Capital Employed shows it stood at 10.57% in 2022, then grew by 22 bps to 12.9% in 2023, then grew by 16 bps to 14.97% in 2024, then grew by 9 bps to 16.35% in 2025, then dropped by 14 bps to 14.09% in 2026.
- Business Quant data shows ETN's Return on Capital Employed at 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 | 251.14 Bn | 242.11 Bn | 1.78 Bn | 7.18% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 14.09% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 18.36% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 15.97% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 14.32% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 39.40% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 14.67% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 31.32% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 12.62% |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 6.93% |
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 | 9.89% |
| Jun 30, 2022 | 9.88% |
| Mar 31, 2022 | 9.55% |
| Dec 31, 2021 | 9.17% |
| Sep 30, 2021 | 8.15% |
| Jun 30, 2021 | 9.04% |