Eaton Operating Margin Growth & History (ETN)
Eaton's operating margin was 18.98% for fiscal 2025.
View full Eaton company overviewEaton annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 18.98% | +0.36 pp |
| 2024 | 2024-12-31 | 18.62% | +1.87 pp |
| 2023 | 2023-12-31 | 16.75% | +2.32 pp |
| 2022 | 2022-12-31 | 14.43% | — |
| 2019 | 2019-12-31 | 17.18% | +0.38 pp |
| 2018 | 2018-12-31 | 16.80% | +1.05 pp |
| 2017 | 2017-12-31 | 15.75% | +0.77 pp |
| 2016 | 2016-12-31 | 14.98% | — |
| 2010 | 2010-12-31 | 12.40% | — |
Eaton quarterly operating margin
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 16.32% | −1.55 pp |
| Q1 2026 | 2026-03-31 | 15.73% | — |
| Q4 2025 | 2025-12-31 | 19.65% | — |
| Q3 2025 | 2025-09-30 | 19.56% | — |
| Q2 2025 | 2025-06-30 | 17.87% | — |
| Q3 2013 | 2013-09-30 | 15.09% | +0.68 pp |
| Q2 2013 | 2013-06-30 | 15.03% | +0.48 pp |
| Q1 2013 | 2013-03-31 | 13.62% | −0.12 pp |
| Q3 2012 | 2012-09-30 | 14.41% | — |
| Q2 2012 | 2012-06-30 | 14.55% | — |
| Q1 2012 | 2012-03-31 | 13.74% | — |
Eaton operating margin trends
Between the periods ended 2010-12-31 and 2025-12-31, Eaton's operating margin increased from 12.40% to 18.98%, a change of +6.58 percentage points. The latest reported quarter, Q2 2026, shows 16.32%.
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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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Eaton agrees to acquire COL Group for €810 million
Eaton ($ETN) signed an agreement to acquire COL Group from Oaktree’s Power Opportunities business at an enterprise value of €810 million. The Italian manufacturer supplies medium-voltage switchgear, grid-automation systems and modular power ...