Eaton profit margin ETN
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 12.8%
- Operating margin, 12 months
- 17.7%
- Net margin on a year earlier
- −2.4 pts
- Peer median
- 14.5%
Over the twelve months to Jun 30, 2026, Eaton kept 12.8% of its revenue as net profit, with an operating margin of 17.7% and a gross margin of 35.9%.
Five years earlier its net margin was 9.9%.
The median for 5 electrical Equipment and Parts stocks of a similar size is 14.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 14.9% | 19.0% | 37.6% |
| FY2024 | 15.3% | 18.6% | 38.2% |
| FY2023 | 13.9% | 16.8% | 36.4% |
| FY2022 | 11.9% | 14.4% | 33.2% |
| FY2021 | 10.9% | 12.5% | 32.3% |
| FY2020 | 7.9% | 10.2% | 30.5% |
| FY2019 | 10.3% | 13.4% | 33.0% |
| FY2018 | 9.9% | 12.5% | 32.8% |
| FY2017 | 14.6% | 17.7% | 32.6% |
| FY2016 | 9.7% | 11.4% | 32.1% |
| FY2015 | 9.5% | 11.2% | 31.5% |
| FY2014 | 8.0% | 8.0% | 30.6% |
| FY2013 | 8.4% | 9.7% | 30.3% |
| FY2012 | 7.5% | 9.4% | 29.8% |
| FY2011 | 8.4% | 10.2% | 29.8% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 12.8% | −2.4 pts | 17.7% | |
| Q1 FY26 | 14.0% | −1.6 pts | 18.2% | |
| Q4 FY25 | 14.9% | −0.4 pts | 19.0% | |
| Q3 FY25 | 14.7% | −0.6 pts | 19.0% | |
| Q2 FY25 | 15.1% | −0.0 pts | 18.8% | |
| Q1 FY25 | 15.6% | +1.2 pts | 19.1% | |
| Q4 FY24 | 15.3% | +1.4 pts | 18.6% | |
| Q3 FY24 | 15.3% | +2.1 pts | 18.2% | |
| Q2 FY24 | 15.1% | +2.8 pts | 18.0% | |
| Q1 FY24 | 14.4% | +2.4 pts | 17.3% | |
| Q4 FY23 | 13.9% | +2.0 pts | 16.8% | |
| Q3 FY23 | 13.2% | +1.9 pts | 16.3% |
Against its peers
Companies in Electrical Equipment & Parts nearest Eaton's size, closest first, today.
| Company | Profit margin |
|---|---|
| ETNEaton | 12.8% |
| VRTVertiv | 15.1% |
| BEBloom Energy | 7.9% |
| AMEAMETEK | 20.0% |
| HUBBHubbell | 14.5% |
| NVTnVent Electric | 12.4% |
| Peer median | 14.5% |
Where Eaton ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Eaton
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.