Eaton (ETN) Tax Rate (2012 - 2026)
Eaton's (ETN) quarterly Tax Rate came in at 21.68% in Q1 2026, up 367.0% year-on-year from 4.64% in Q1 2025, and up 74.38% on a QoQ basis from 12.43% in Q4 2025.
Eaton (ETN) Tax Rate (2012 - 2026) Analysis & Trends
Eaton (ETN) has 15 years of Tax Rate data on file, last reported at 21.68% in Q1 2026.
- On a quarterly basis, Tax Rate rose 367.0% year-over-year to 21.68% in Q1 2026; TTM through Mar 2026 was 17.85%, a 96.0% increase from a year earlier, with the FY2025 full-year figure at 17.05%, up 23.0% from the prior year.
- Tax Rate for Q1 2026 stood at 21.68%, up from 12.43% in the prior quarter.
- Over the last five years, Tax Rate for ETN reached as high as 21.68% in Q1 2026 and fell as low as 12.43% in Q4 2025.
- Historically, Tax Rate has averaged 16.59% across 5 years, with a median of 16.71% in 2024.
- Across the five-year window, Tax Rate slumped 2784 bps in 2022 and surged 468 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 15.16% in 2022, then retreated by 15 bps to 12.96% in 2023, then climbed by 29 bps to 16.71% in 2024, then dropped by 26 bps to 12.43% in 2025, then soared by 74 bps to 21.68% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 21.68% in Q1 2026, 12.43% in Q4 2025, and 20.71% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 29.84 |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 21.68 |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 19.21 |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 27.19 |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 22.07 |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 20.58 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 18.99 |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 20.23 |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 15.70 |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | 22.54 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.68 |
| Mar 31, 2026 | 21.68 |
| Mar 31, 2026 | 21.68 |
| Dec 31, 2025 | 12.43 |
| Dec 31, 2025 | 12.43 |
| Dec 31, 2025 | 12.43 |
| Sep 30, 2025 | 20.71 |
| Sep 30, 2025 | 20.71 |
| Sep 30, 2025 | 20.71 |
| Jun 30, 2025 | 17.12 |
| Jun 30, 2025 | 17.12 |
| Jun 30, 2025 | 17.12 |
| Mar 31, 2025 | 18.01 |
| Mar 31, 2025 | 18.01 |
| Mar 31, 2025 | 18.01 |
| Dec 31, 2024 | 16.71 |
| Dec 31, 2024 | 16.71 |
| Dec 31, 2024 | 16.71 |
| Sep 30, 2024 | 16.03 |
| Sep 30, 2024 | 16.03 |