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
DateValue
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