Pricing Log in Create free account
Friday 6 November 2026 Export ETN’s income statement to Excel — free account

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.

Revenue
+28.0%
EPS
+6.79%
Free cash flow
−11.0%
Total debt
+87.1%

Quarter to September 2026, against a year earlier

342.26 15.24 +4.66%
Market cap
$127.1B
P/E
34.1×
Fwd P/E
32.9×
Dividend yield
0.96%
F-score
7/9
Altman Z
4.95
Beneish M
−2.37
Dividend safety
86/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Eaton Corporation, PLC (ETN) Operating margin

Alert me on Operating margin

Eaton Corporation, PLC's operating margin over the twelve months to 30 September 2026 was 17.3%, down 1.7 percentage points from fiscal 2025 (19.0%). Over the past ten years it has ranged from 10.2% (fiscal 2020) to 19.0% (fiscal 2025) — the current reading is the highest in ten years. That is above the Specialty Industrial Machinery industry median of 11.0% and above the Industrials sector median of 5.26%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 19.0% 0.36
FY2024 18.6% 1.87
FY2023 16.8% 2.32
FY2022 14.4% 1.88
FY2021 12.6% 2.34
FY2020 10.2% (3.17)
FY2019 13.4% 0.93
FY2018 12.5% 0.01
FY2017 12.4% 0.79
FY2016 11.7% 0.48

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 17.8% 1.44
Jun 2026 16.3% 0.59
Mar 2026 15.7% (3.90)
Dec 2025 19.6% 0.07
43 more quarters

Against its own ten years

Low 10.2% High 19.0%
Ten-year median 12.6%
Current reading's percentile 79

Operating margin against peers

Company Operating margin
ITW Illinois Tool Works Inc. compare 26.6%
AME AMETEK, Inc. compare 26.1%
EMR Emerson Electric Co. compare 25.5%
IR Ingersoll Rand Inc. compare 22.9%
PH Parker-Hannifin Corporation compare 21.4%
ROK Rockwell Automation, Inc. compare 20.2%
ETN Eaton Corporation, PLC 17.3%
CMI Cummins Inc. compare 12.5%
GEV GE Vernova Inc. compare 6.42%
Specialty Industrial Machinery industry median 11.0%
Industrials sector median 5.26%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on ETN