Eaton Corporation PLC (ETN)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,218,000 | 2,994,000 | 2,710,000 | 2,567,000 | 2,461,000 | 2,291,000 | 2,313,000 | 2,218,000 | 2,144,000 | 2,068,000 | 1,885,000 | 1,430,000 | 1,410,000 | 1,387,000 | 1,542,000 | 2,127,000 | 2,211,000 | 2,390,000 | 2,205,000 | 2,179,000 |
| Revenue (ttm) | US$ in thousands | 23,106,000 | 22,505,000 | 21,868,000 | 21,178,000 | 20,562,000 | 19,970,000 | 20,218,000 | 20,349,000 | 20,114,000 | 20,118,000 | 19,180,000 | 17,774,000 | 18,008,000 | 18,475,000 | 19,163,000 | 20,776,000 | 21,229,000 | 21,373,000 | 21,496,000 | 26,924,000 |
| Net profit margin | 13.93% | 13.30% | 12.39% | 12.12% | 11.97% | 11.47% | 11.44% | 10.90% | 10.66% | 10.28% | 9.83% | 8.05% | 7.83% | 7.51% | 8.05% | 10.24% | 10.41% | 11.18% | 10.26% | 8.09% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,218,000K ÷ $23,106,000K
= 13.93%
The net profit margin of Eaton Corporation plc has shown a generally positive trend over the past eight quarters. The company's net profit margin has steadily increased from 11.21% in Q1 2022 to 13.87% in Q4 2023. This indicates an improvement in the company's ability to convert revenues into profit over the period.
The average net profit margin for the latest four quarters (Q1 2023 to Q4 2023) stands at 12.85%, showcasing the company's ability to maintain a healthy level of profitability. This suggests that Eaton Corporation plc is effectively managing its expenses and operating efficiently to generate profits.
Overall, the increasing trend in net profit margin signifies improved profitability for Eaton Corporation plc, reflecting positively on the company's financial performance and management efficiency.
Peer comparison
Dec 31, 2023