Eaton Corporation, PLC

ETN Industrials Specialty Industrial Machinery

Eaton Corporation, PLC’s revenue for fiscal 2025 (year ended December 2025) was $27.4 billion, up 10.3% from fiscal 2024. In the quarter to June 2026, revenue grew 21.4%, EPS fell 16.3%, free cash flow grew 21.5% and total debt rose 87.4%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for three; insiders bought in the last twelve months.

391.25 11.23 −2.79%
Market cap
$156.3B
P/E
39.7×
Fwd P/E
34.3×
Dividend yield
1.11%
F-score
7/9
Altman Z
4.95
Beneish M
−2.37
Dividend safety
86/100

Eaton Corporation, PLC (ETN) Gross margin

Alert me on Gross margin

Eaton Corporation, PLC's gross margin over the twelve months to 30 June 2026 was 35.9%, down 1.7 percentage points from fiscal 2025 (37.6%). Over the past ten years it has ranged from 30.5% (fiscal 2020) to 38.2% (fiscal 2024); the current reading is higher than 91% of that period. That is in line with the Specialty Industrial Machinery industry median of 35.9% and above the Industrials sector median of 30.5%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 37.6% (0.61)
FY2024 38.2% 1.84
FY2023 36.4% 3.17
FY2022 33.2% 0.91
FY2021 32.3% 1.76
FY2020 30.5% (2.45)
FY2019 33.0% 0.12
FY2018 32.9% 0.27
FY2017 32.6% 0.42
FY2016 32.2% 0.75

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 33.5% (2.12)
Mar 2026 35.6% (1.23)
Dec 2025 36.8% (1.46)
Sep 2025 38.3% 1.33
42 more quarters

Against its own ten years

Low 30.5% High 38.2%
Ten-year median 32.9%
Current reading's percentile 76

Gross margin against peers

Company Gross margin
EMR Emerson Electric Co. compare 53.2%
ROK Rockwell Automation, Inc. compare 49.1%
ITW Illinois Tool Works Inc. compare 44.2%
IR Ingersoll Rand Inc. compare 42.8%
PH Parker-Hannifin Corporation compare 37.7%
AME AMETEK, Inc. compare 36.4%
ETN Eaton Corporation, PLC 35.9%
CMI Cummins Inc. compare 25.3%
GEV GE Vernova Inc. compare 20.2%
Specialty Industrial Machinery industry median 35.9%
Industrials sector median 30.5%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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