Eaton Corporation PLC (ETN)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 3,794,000 | 3,218,000 | 2,462,000 | 2,144,000 | 1,410,000 |
| Revenue | US$ in thousands | 24,878,000 | 23,196,000 | 20,752,000 | 19,628,000 | 17,858,000 |
| Net profit margin | 15.25% | 13.87% | 11.86% | 10.92% | 7.90% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $3,794,000K ÷ $24,878,000K
= 15.25%
The net profit margin of Eaton Corporation PLC has shown a positive trend over the past five years, increasing from 7.90% in December 2020 to 15.25% in December 2024. This indicates that the company has been able to efficiently convert its revenue into net income, reflecting improved profitability over the period. The rising net profit margins demonstrate effective cost management and operational efficiency, resulting in a higher bottom line for the company. Overall, the consistent improvement in net profit margin suggests that Eaton Corporation PLC has been successful in generating more profits relative to its total revenue, which is a positive indicator of its financial performance and sustainability.
Peer comparison
Dec 31, 2024