Eaton (ETN) Tax Rate (2012 - 2026)
Eaton (ETN) reported Tax Rate of 21.68% for Q1 2026, up 367.0% year-over-year from 4.64% in Q1 2025, and up 74.38% quarter-over-quarter 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.
- Tax Rate for Q1 2026 came in at 21.68%, up 367.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.85% (up 96.0% YoY), and the FY2025 annual result was 17.05%, up 23.0% from the prior year.
- Tax Rate improved to 21.68% in Q1 2026 per ETN's latest filing, from 12.43% in the prior quarter.
- Over five years, Tax Rate peaked at 21.68% in Q1 2026 and troughed at 12.43% in Q4 2025.
- A 5-year average of 16.59% and a median of 16.71% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2025: Tax Rate plunged 2784 bps in 2022, then jumped 468 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 15.16% in 2022, then dropped by 15 bps to 12.96% in 2023, then rose by 29 bps to 16.71% in 2024, then retreated by 26 bps to 12.43% in 2025, then soared by 74 bps to 21.68% in 2026.
- Business Quant data shows ETN's Tax Rate at 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 | 251.14 Bn | 242.11 Bn | 1.78 Bn | 6.94% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 21.68% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 19.21% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 27.19% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 22.07% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 20.58% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 18.99% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 20.23% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 20.12% |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 15.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.68% |
| Mar 31, 2026 | 21.68% |
| Dec 31, 2025 | 12.43% |
| Dec 31, 2025 | 12.43% |
| Sep 30, 2025 | 20.71% |
| Sep 30, 2025 | 20.71% |
| Jun 30, 2025 | 17.12% |
| Jun 30, 2025 | 17.12% |
| Mar 31, 2025 | 18.01% |
| Mar 31, 2025 | 18.01% |
| Dec 31, 2024 | 16.71% |
| Dec 31, 2024 | 16.71% |
| Sep 30, 2024 | 16.03% |
| Sep 30, 2024 | 16.03% |
| Jun 30, 2024 | 16.82% |
| Jun 30, 2024 | 16.82% |
| Mar 31, 2024 | 17.88% |
| Mar 31, 2024 | 17.88% |
| Dec 31, 2023 | 12.96% |
| Dec 31, 2023 | 12.96% |