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FCF Margin for Eaton Corporation (ETN)

As of · Reported

Metric

TTM

16.5%

YoY change

+2.15pp

Trough year (1991)

-4.2%

Peak year (2025)

16.3%

FCF Margin history chart for Eaton Corporation (ETN) from 1989 to 2025

Latest: 16.3%

FCF Margin change chart for Eaton Corporation (ETN) from 1989 to 2025

Latest: +2.15pp

FCF Margin history table for Eaton Corporation (ETN) from 1989 to 2025

  • 202516.3%+2.15pp
  • 202414.1%+1.79pp
  • 202312.4%+3.04pp
  • 20229.3%+1.23pp
  • 20218.1%-6.22pp
  • 202014.3%+0.92pp
  • 201913.4%+3.70pp
  • 20189.7%-0.83pp
  • 201710.5%+0.02pp
  • 201610.5%+1.37pp
  • 20159.1%+3.60pp
  • 20145.5%-2.05pp
  • 20137.6%+1.01pp
  • 20126.6%+2.33pp
  • 20114.2%-2.24pp
  • 20106.5%-3.74pp
  • 200910.2%+3.92pp
  • 20086.3%+0.10pp
  • 20076.2%-2.47pp
  • 20068.7%+1.65pp
  • 20057.0%+1.83pp
  • 20045.2%-2.28pp
  • 20037.5%-1.87pp
  • 20029.3%+2.88pp
  • 20016.4%+6.09pp
  • 20000.3%-1.86pp
  • 19992.2%-0.19pp
  • 19982.4%-1.90pp
  • 19974.3%-0.67pp
  • 19965.0%+1.34pp
  • 19953.6%-0.58pp
  • 19944.2%-0.51pp
  • 19934.7%-0.21pp
  • 19924.9%+9.11pp
  • 1991-4.2%-13.60pp
  • 19909.4%+8.12pp
  • 19891.3%—

FCF Margin values are taken from Eaton Corporation's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About FCF Margin at Eaton Corporation (ETN)

According to Eaton Corporation's latest reported financial statements, the company's latest reported free cash flow margin is 16.5%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

In 2025, Eaton Corporation (ETN) free cash flow margin totalled 16.29% – expanded 2.1 percentage points year-over-year.

16.29% stands as the all-time-high annual free cash flow margin, posted in 2025, against a low of -4.17% during 1991.

Eaton Corporation FCF Margin by Year

Eaton Corporation FCF Margin 2025: 16.3%

Eaton Corporation posted free cash flow margin of 16.29% in 2025, expanded 2.1 percentage points from 2024. This figure represents the highest annual value in the available history.

Eaton Corporation FCF Margin 2024: 14.1%

In 2024, Eaton Corporation reported free cash flow margin of 14.15%, expanded 1.8 percentage points from 2023.

Eaton Corporation FCF Margin 2023: 12.4%

Eaton Corporation free cash flow margin in 2023 was 12.36%, expanded 3.0 percentage points from 2022.

Eaton Corporation FCF Margin 2022: 9.3%

2022's free cash flow margin for Eaton Corporation came in at 9.32%, expanded 1.2 percentage points from 2021.

Eaton Corporation FCF Margin 2021: 8.1%

Eaton Corporation free cash flow margin in 2021 was 8.09%.

See more financial history for Eaton Corporation (ETN).

Sector peers by FCF Margin

Industrials peers of Eaton Corporation (ETN), ranked by their latest free cash flow margin

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