Eaton annual gross margin
2010
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Eaton Gross Margin Growth & History (ETN)
Eaton's gross margin was 37.59% for fiscal 2025.
View full Eaton company overviewEaton annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 37.59% | −0.61 pp |
| 2024 | 2024-12-31 | 38.20% | +1.84 pp |
| 2023 | 2023-12-31 | 36.36% | +3.17 pp |
| 2022 | 2022-12-31 | 33.19% | +0.91 pp |
| 2021 | 2021-12-31 | 32.28% | +1.76 pp |
| 2020 | 2020-12-31 | 30.52% | −2.45 pp |
| 2019 | 2019-12-31 | 32.97% | +0.12 pp |
| 2018 | 2018-12-31 | 32.85% | +0.27 pp |
| 2017 | 2017-12-31 | 32.58% | +0.42 pp |
| 2016 | 2016-12-31 | 32.16% | — |
| 2010 | 2010-12-31 | 29.76% | — |
Eaton quarterly gross margin
Q1.12
Q2.12
Q3.12
Q1.13
Q2.13
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Q2.16
Q3.16
Q4.16
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Q4.17
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Q3.18
Q4.18
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Q3.19
Q4.19
Q1.20
Q2.20
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Q4.20
Q1.21
Q2.21
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Q1.23
Q2.23
Q3.23
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Q1.25
Q2.25
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 33.47% | −3.49 pp |
| Q1 2026 | 2026-03-31 | 35.59% | −2.78 pp |
| Q4 2025 | 2025-12-31 | 36.82% | −2.10 pp |
| Q3 2025 | 2025-09-30 | 38.28% | −0.27 pp |
| Q2 2025 | 2025-06-30 | 36.95% | −1.00 pp |
| Q1 2025 | 2025-03-31 | 38.37% | +1.05 pp |
| Q4 2024 | 2024-12-31 | 38.93% | +1.47 pp |
| Q3 2024 | 2024-09-30 | 38.55% | +1.20 pp |
| Q2 2024 | 2024-06-30 | 37.95% | +1.83 pp |
| Q1 2024 | 2024-03-31 | 37.32% | +2.96 pp |
| Q4 2023 | 2023-12-31 | 37.46% | +3.32 pp |
| Q3 2023 | 2023-09-30 | 37.35% | +4.07 pp |
| Q2 2023 | 2023-06-30 | 36.12% | +3.37 pp |
| Q1 2023 | 2023-03-31 | 34.36% | +1.86 pp |
| Q4 2022 | 2022-12-31 | 34.14% | +1.37 pp |
| Q3 2022 | 2022-09-30 | 33.28% | +1.08 pp |
| Q2 2022 | 2022-06-30 | 32.75% | +0.73 pp |
| Q1 2022 | 2022-03-31 | 32.50% | +0.36 pp |
| Q4 2021 | 2021-12-31 | 32.76% | +0.57 pp |
| Q3 2021 | 2021-09-30 | 32.20% | −0.39 pp |
| Q2 2021 | 2021-06-30 | 32.02% | +6.63 pp |
| Q1 2021 | 2021-03-31 | 32.14% | +1.09 pp |
| Q4 2020 | 2020-12-31 | 32.20% | +0.08 pp |
| Q3 2020 | 2020-09-30 | 32.59% | −1.32 pp |
| Q2 2020 | 2020-06-30 | 25.39% | −7.79 pp |
| Q1 2020 | 2020-03-31 | 31.05% | −1.60 pp |
| Q4 2019 | 2019-12-31 | 32.11% | −0.66 pp |
| Q3 2019 | 2019-09-30 | 33.91% | +0.37 pp |
| Q2 2019 | 2019-06-30 | 33.18% | +0.09 pp |
| Q1 2019 | 2019-03-31 | 32.65% | +0.69 pp |
| Q4 2018 | 2018-12-31 | 32.77% | +0.58 pp |
| Q3 2018 | 2018-09-30 | 33.54% | +0.05 pp |
| Q2 2018 | 2018-06-30 | 33.10% | +0.28 pp |
| Q1 2018 | 2018-03-31 | 31.96% | +0.17 pp |
| Q4 2017 | 2017-12-31 | 32.19% | +0.12 pp |
| Q3 2017 | 2017-09-30 | 33.49% | +1.14 pp |
| Q2 2017 | 2017-06-30 | 32.81% | +0.18 pp |
| Q1 2017 | 2017-03-31 | 31.79% | +0.23 pp |
| Q4 2016 | 2016-12-31 | 32.07% | — |
| Q3 2016 | 2016-09-30 | 32.34% | +1.48 pp |
| Q2 2016 | 2016-06-30 | 32.64% | +1.05 pp |
| Q1 2016 | 2016-03-31 | 31.56% | +0.35 pp |
| Q3 2015 | 2015-09-30 | 30.87% | −0.77 pp |
| Q2 2015 | 2015-06-30 | 31.59% | +1.38 pp |
| Q1 2015 | 2015-03-31 | 31.21% | +1.46 pp |
| Q2 2014 | 2014-09-30 | 31.63% | +0.89 pp |
| Q1 2014 · Jun 30 | 2014-06-30 | 30.21% | −0.71 pp |
| Q1 2014 · Mar 31 | 2014-03-31 | 29.75% | +0.09 pp |
| Q3 2013 | 2013-09-30 | 30.75% | +0.29 pp |
| Q2 2013 | 2013-06-30 | 30.92% | +0.12 pp |
| Q1 2013 | 2013-03-31 | 29.66% | −0.79 pp |
| Q3 2012 | 2012-09-30 | 30.46% | — |
| Q2 2012 | 2012-06-30 | 30.80% | — |
| Q1 2012 | 2012-03-31 | 30.45% | — |
Eaton gross margin trends
Over the last five fiscal years, Eaton's gross margin increased from 30.52% to 37.59%, a change of +7.07 percentage points. The latest reported quarter, Q2 2026, shows 33.47%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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