Eaton (ETN) Tax Rate (2012 - 2026)
Eaton (ETN) posted quarterly Tax Rate of 28.06% for Q2 2026, up 1094.0% year-over-year from 2.35% in Q2 2025, and up 29.42% on a QoQ basis from 21.68% in Q1 2026.
Eaton (ETN) Tax Rate (2012 - 2026) Analysis & Trends
Eaton has reported Tax Rate for 15 years, with the latest figure at 28.06% in Q2 2026.
- Tax Rate for Q2 2026 came in at 28.06%, up 1094.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 20.45% (up 349.0% YoY), and the FY2025 annual result was 17.05%, up 23.0% from the prior year.
- Tax Rate climbed to 28.06% in Q2 2026, from 21.68% in the prior quarter.
- Over five years, Tax Rate peaked at 28.06% in Q2 2026 and troughed at 12.43% in Q4 2025.
- A 5-year average of 17.23% and a median of 16.76% in 2024 frame the typical range for Tax Rate.
- The widest annual swing landed in 2022, when Tax Rate plunged 2784 bps; it then surged 1094 bps in 2026.
- A 5-year view of Tax Rate shows it stood at 15.16% in 2022, then declined by 15 bps to 12.96% in 2023, then gained by 29 bps to 16.71% in 2024, then decreased by 26 bps to 12.43% in 2025, then soared by 126 bps to 28.06% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 28.06% in Q2 2026, 21.68% in Q1 2026, and 12.43% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 29.84% |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 28.06% |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 19.21% |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 21.62% |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 25.14% |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 24.54% |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 17.36% |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 13.19% |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 21.13% |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 17.92% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 28.06% |
| Jun 30, 2026 | 28.06% |
| Jun 30, 2026 | 28.06% |
| 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% |