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Saturday 17 October 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. 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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Eaton Corporation, PLC (ETN) Operating margin

Alert me on Operating margin

Eaton Corporation, PLC's operating margin over the twelve months to 30 June 2026 was 17.7%, down 1.3 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 11.2% and above the Industrials sector median of 5.13%.

Operating margin, annual

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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)
Jun 2026 16.3% 0.59
Mar 2026 15.7% (3.90)
Dec 2025 19.6% 0.07
Sep 2025 19.6% 1.69
42 more quarters

Against its own ten years

Low 10.2% High 19.0%
Ten-year median 12.6%
Current reading's percentile 81

Operating margin against peers

Company Operating margin
ITW Illinois Tool Works Inc. compare 26.5%
AME AMETEK, Inc. compare 25.9%
EMR Emerson Electric Co. compare 25.1%
PH Parker-Hannifin Corporation compare 21.6%
IR Ingersoll Rand Inc. compare 18.1%
ETN Eaton Corporation, PLC 17.7%
ROK Rockwell Automation, Inc. compare 16.2%
CMI Cummins Inc. compare 11.2%
GEV GE Vernova Inc. compare 4.36%
Specialty Industrial Machinery industry median 11.2%
Industrials sector median 5.13%
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 →

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