Eaton Corp plc (ETN) stock
ETNNYSEMisc Industrial & Commercial Machinery & EquipmentFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 3, 2026Score 14/3054% above fair value
$352.97−6.07 (-1.69%)
Close on Nov 13, 2026Market cap $137.09BP/E 35.9Yield 1.18%
Eaton gross margin
Gross margin is gross profit as a percentage of revenue.
Eaton's gross margin for the twelve months ending Jun 30, 2026 was 35.9%. For fiscal 2025 it was 37.6%, against 38.2% the year before. The highest annual figure on record is 38.2% in fiscal 2024.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 37.6% | −0.6 |
| FY2024 | Dec 31, 2024 | 38.2% | +1.8 |
| FY2023 | Dec 31, 2023 | 36.4% | +3.2 |
| FY2022 | Dec 31, 2022 | 33.2% | +0.9 |
| FY2021 | Dec 31, 2021 | 32.3% | +1.8 |
| FY2020 | Dec 31, 2020 | 30.5% | −2.5 |
| FY2019 | Dec 31, 2019 | 33.0% | +0.1 |
| FY2018 | Dec 31, 2018 | 32.8% | +0.3 |
| FY2017 | Dec 31, 2017 | 32.6% | +0.4 |
| FY2016 | Dec 31, 2016 | 32.2% | +0.7 |
| FY2015 | Dec 31, 2015 | 31.4% | +1.6 |
| FY2010 | Dec 31, 2010 | 29.8% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 33.5% | −3.5 |
| Q1 FY2026 | Mar 31, 2026 | 35.6% | −2.8 |
| Q4 FY2025 | Dec 31, 2025 | 36.8% | −2.1 |
| Q3 FY2025 | Sep 30, 2025 | 38.3% | −0.3 |
| Q2 FY2025 | Jun 30, 2025 | 37.0% | −1.0 |
| Q1 FY2025 | Mar 31, 2025 | 38.4% | +1.1 |
| Q4 FY2024 | Dec 31, 2024 | 38.9% | +1.5 |
| Q3 FY2024 | Sep 30, 2024 | 38.6% | +1.2 |
| Q2 FY2024 | Jun 30, 2024 | 38.0% | +1.8 |
| Q1 FY2024 | Mar 31, 2024 | 37.3% | +3.0 |
| Q4 FY2023 | Dec 31, 2023 | 37.5% | +3.3 |
| Q3 FY2023 | Sep 30, 2023 | 37.3% | +4.1 |
| Q2 FY2023 | Jun 30, 2023 | 36.1% | +3.4 |
| Q1 FY2023 | Mar 31, 2023 | 34.4% | +1.9 |
| Q4 FY2022 | Dec 31, 2022 | 34.1% | +1.4 |
| Q3 FY2022 | Sep 30, 2022 | 33.3% | +1.1 |
| Q2 FY2022 | Jun 30, 2022 | 32.8% | +0.7 |
| Q1 FY2022 | Mar 31, 2022 | 32.5% | +0.4 |
| Q4 FY2021 | Dec 31, 2021 | 32.8% | +0.6 |
| Q3 FY2021 | Sep 30, 2021 | 32.2% | −0.4 |
| Q2 FY2021 | Jun 30, 2021 | 32.0% | +6.6 |
| Q1 FY2021 | Mar 31, 2021 | 32.1% | +1.1 |
| Q4 FY2020 | Dec 31, 2020 | 32.2% | +0.1 |
| Q3 FY2020 | Sep 30, 2020 | 32.6% | −1.3 |
| Q2 FY2020 | Jun 30, 2020 | 25.4% | −7.8 |
| Q1 FY2020 | Mar 31, 2020 | 31.1% | −1.6 |
| Q4 FY2019 | Dec 31, 2019 | 32.1% | −0.7 |
| Q3 FY2019 | Sep 30, 2019 | 33.9% | +0.4 |
| Q2 FY2019 | Jun 30, 2019 | 33.2% | +0.1 |
| Q1 FY2019 | Mar 31, 2019 | 32.6% | +0.7 |
| Q4 FY2018 | Dec 31, 2018 | 32.8% | +0.6 |
| Q3 FY2018 | Sep 30, 2018 | 33.5% | +0.0 |
| Q2 FY2018 | Jun 30, 2018 | 33.1% | +0.3 |
| Q1 FY2018 | Mar 31, 2018 | 32.0% | +0.2 |
| Q4 FY2017 | Dec 31, 2017 | 32.2% | +0.3 |
| Q3 FY2017 | Sep 30, 2017 | 33.5% | +1.1 |
| Q2 FY2017 | Jun 30, 2017 | 32.8% | – |
| Q1 FY2017 | Mar 31, 2017 | 31.8% | – |
| Q4 FY2016 | Dec 31, 2016 | 31.9% | – |
| Q3 FY2016 | Sep 30, 2016 | 32.3% | – |
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