Eaton (ETN) Tax Provisions (2012 - 2026)
Eaton's Tax Provisions came in at $321 million for Q2 2026, up 58.1% from $203 million a year earlier and up 33.8% from the prior quarter.
Eaton (ETN) Tax Provisions (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Eaton reported Tax Provisions of $986 million, up 22.8% year-over-year; for FY2025, it came in at $841 million, up 9.5% from FY2024.
- Tax Provisions has increased in each of the last three years, with a five-year compound annual growth rate of 20.5% (FY2020 to FY2025).
- Going back by year, Tax Provisions was $768 million in FY2024 (+27.2%), $604 million in FY2023 (+35.7%), $445 million in FY2022 (-40.7%) and $750 million in FY2021 (+126.6%).
- The Q2 2026 figure represents the highest quarterly Tax Provisions since Q3 2021.
- Year-over-year, Tax Provisions increased in seven of the last eight quarters, with growth averaging 19.0%.
- The fastest year-over-year change in Tax Provisions over five years came in Q3 2021 (growth of 519.2%), and the weakest in Q3 2022 (a decline of 76.8%).
- Business Quant data shows ETN's Tax Provisions at $240 million (Q1 2026), $161 million (Q4 2025) and $264 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 379.87 Bn | 351.57 Bn | 7.76 Bn | 1.06 Bn |
| 2 | Amphenol | 211.41 Bn | 206.11 Bn | 3.55 Bn | 604.30 Mn |
| 3 | Deere | 179.93 Bn | 188.69 Bn | 4.66 Bn | 529.00 Mn |
| 4 | Eaton | 169.93 Bn | 167.16 Bn | 2.86 Bn | 321.00 Mn |
| 5 | Parker-Hannifin | 121.78 Bn | 119.91 Bn | 2.25 Bn | 248.00 Mn |
| 6 | Vertiv Holdings | 94.75 Bn | 85.37 Bn | 1.23 Bn | 122.20 Mn |
| 7 | Emerson Electric | 88.42 Bn | 81.17 Bn | 2.66 Bn | 198.00 Mn |
| 8 | 3M | 84.08 Bn | 65.54 Bn | 2.68 Bn | 183.00 Mn |
| 9 | Illinois Tool Works | 74.29 Bn | 70.85 Bn | 1.90 Bn | 265.00 Mn |
| 10 | Cummins | 71.19 Bn | 68.32 Bn | 2.47 Bn | 325.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 321.00 Mn |
| Mar 31, 2026 | 240.00 Mn |
| Dec 31, 2025 | 161.00 Mn |
| Sep 30, 2025 | 264.00 Mn |
| Jun 30, 2025 | 203.00 Mn |
| Mar 31, 2025 | 212.00 Mn |
| Dec 31, 2024 | 195.00 Mn |
| Sep 30, 2024 | 193.00 Mn |
| Jun 30, 2024 | 201.00 Mn |
| Mar 31, 2024 | 179.00 Mn |
| Dec 31, 2023 | 141.00 Mn |
| Sep 30, 2023 | 187.00 Mn |
| Jun 30, 2023 | 153.00 Mn |
| Mar 31, 2023 | 123.00 Mn |
| Dec 31, 2022 | 129.00 Mn |
| Sep 30, 2022 | 112.00 Mn |
| Jun 30, 2022 | 119.00 Mn |
| Mar 31, 2022 | 86.00 Mn |
| Dec 31, 2021 | 74.00 Mn |
| Sep 30, 2021 | 483.00 Mn |
Eaton Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=ETN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "ETN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=ETN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();