TTM
36.9%
YoY change
−0.59pp
Trough year (2001)
24.6%
Peak year (2024)
38.2%
Latest annual
37.6%
Gross Margin history chart for Eaton Corporation (ETN) from 1985 to 2025
Latest: 37.6%
Gross Margin change chart for Eaton Corporation (ETN) from 1985 to 2025
Latest: −0.59pp
Gross Margin history table for Eaton Corporation (ETN) from 1985 to 2025
| 2025 | 37.6% | -0.59pp | ||
| 2024 | 38.2% | +1.83pp | ||
| 2023 | 36.4% | +3.08pp | ||
| 2022 | 33.3% | +1.11pp | ||
| 2021 | 32.2% | +1.68pp | ||
| 2020 | 30.5% | -2.48pp | ||
| 2019 | 33.0% | +0.05pp | ||
| 2018 | 32.9% | +0.26pp | ||
| 2017 | 32.7% | +0.53pp | ||
| 2016 | 32.1% | +0.74pp | ||
| 2015 | 31.4% | +0.80pp | ||
| 2014 | 30.6% | +0.31pp | ||
| 2013 | 30.3% | +0.42pp | ||
| 2012 | 29.9% | +0.02pp | ||
| 2011 | 29.8% | +0.11pp | ||
| 2010 | 29.7% | +3.50pp | ||
| 2009 | 26.2% | -1.00pp | ||
| 2008 | 27.2% | -0.80pp | ||
| 2007 | 28.0% | +1.17pp | ||
| 2006 | 26.8% | -1.14pp | ||
| 2005 | 28.0% | -0.30pp | ||
| 2004 | 28.3% | +1.43pp | ||
| 2003 | 26.8% | -0.02pp | ||
| 2002 | 26.9% | +2.26pp | ||
| 2001 | 24.6% | -7.64pp | ||
| 2000 | 32.2% | -1.11pp | ||
| 1999 | 33.3% | +0.19pp | ||
| 1998 | 33.2% | +0.78pp | ||
| 1997 | 32.4% | +1.98pp | ||
| 1996 | 30.4% | -0.02pp | ||
| 1995 | 30.4% | -1.08pp | ||
| 1994 | 31.5% | +1.66pp | ||
| 1993 | 29.8% | +1.51pp | ||
| 1992 | 28.3% | +0.47pp | ||
| 1991 | 27.9% | -1.02pp | ||
| 1990 | 28.9% | -1.60pp | ||
| 1989 | 30.5% | -1.04pp | ||
| 1988 | 31.5% | -0.50pp | ||
| 1987 | 32.0% | +4.59pp | ||
| 1986 | 27.4% | -1.63pp | ||
| 1985 | 29.0% | — |
- 202537.6%-0.59pp
- 202438.2%+1.83pp
- 202336.4%+3.08pp
- 202233.3%+1.11pp
- 202132.2%+1.68pp
- 202030.5%-2.48pp
- 201933.0%+0.05pp
- 201832.9%+0.26pp
- 201732.7%+0.53pp
- 201632.1%+0.74pp
- 201531.4%+0.80pp
- 201430.6%+0.31pp
- 201330.3%+0.42pp
- 201229.9%+0.02pp
- 201129.8%+0.11pp
- 201029.7%+3.50pp
- 200926.2%-1.00pp
- 200827.2%-0.80pp
- 200728.0%+1.17pp
- 200626.8%-1.14pp
- 200528.0%-0.30pp
- 200428.3%+1.43pp
- 200326.8%-0.02pp
- 200226.9%+2.26pp
- 200124.6%-7.64pp
- 200032.2%-1.11pp
- 199933.3%+0.19pp
- 199833.2%+0.78pp
- 199732.4%+1.98pp
- 199630.4%-0.02pp
- 199530.4%-1.08pp
- 199431.5%+1.66pp
- 199329.8%+1.51pp
- 199228.3%+0.47pp
- 199127.9%-1.02pp
- 199028.9%-1.60pp
- 198930.5%-1.04pp
- 198831.5%-0.50pp
- 198732.0%+4.59pp
- 198627.4%-1.63pp
- 198529.0%—
Gross 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 Gross Margin at Eaton Corporation (ETN)
According to Eaton Corporation's latest reported financial statements, the company's latest reported gross margin is 36.9%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
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) gross margin totalled 37.59% – contracted 0.6 percentage points year-over-year.
38.18% stands as the all-time-high annual gross margin, posted in 2024, against a low of 24.61% during 2001.
Eaton Corporation Gross Margin by Year
Eaton Corporation Gross Margin 2025: 37.6%
2025's gross margin for Eaton Corporation came in at 37.59%, contracted 0.6 percentage points from 2024.
Eaton Corporation Gross Margin 2024: 38.2%
Eaton Corporation posted gross margin of 38.18% in 2024, expanded 1.8 percentage points from 2023. This figure represents the highest annual value in the available history.
Eaton Corporation Gross Margin 2023: 36.4%
In 2023, Eaton Corporation reported gross margin of 36.36%, expanded 3.1 percentage points from 2022.
Eaton Corporation Gross Margin 2022: 33.3%
Eaton Corporation gross margin in 2022 was 33.28%, expanded 1.1 percentage points from 2021.
Eaton Corporation Gross Margin 2021: 32.2%
Eaton Corporation gross margin in 2021 was 32.17%.
See more financial history for Eaton Corporation (ETN).
Sector peers by Gross Margin
Industrials peers of Eaton Corporation (ETN), ranked by their latest gross margin
| 45.7% | |
| 36.9% | |
| 35.1% | |
| 34.8% | |
| 32.5% | |
| 20.2% | |
| 9.8% | |
| 4.8% |
- 45.7%
- 35.1%
- 34.8%
- 32.5%
- 20.2%
- 4.8%
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Eaton Corporation (ETN) Key Financials
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