Eaton Corporation PLC (ETN)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 4,567,000 | 4,488,000 | 4,363,000 | 4,066,000 | 3,827,000 | 3,590,000 | 3,231,000 | 3,053,000 | 2,910,000 | 2,684,000 | 3,077,000 | 2,977,000 | 2,896,000 | 2,824,000 | 2,236,000 | 1,663,000 | 1,746,000 | 1,725,000 | 1,918,000 | 2,609,000 |
| Revenue (ttm) | US$ in thousands | 24,878,000 | 24,605,000 | 24,140,000 | 23,656,000 | 23,196,000 | 22,613,000 | 22,046,000 | 21,392,000 | 20,752,000 | 20,166,000 | 19,776,000 | 19,779,000 | 19,628,000 | 19,517,000 | 19,120,000 | 17,761,000 | 17,858,000 | 18,409,000 | 19,197,000 | 20,874,000 |
| Pretax margin | 18.36% | 18.24% | 18.07% | 17.19% | 16.50% | 15.88% | 14.66% | 14.27% | 14.02% | 13.31% | 15.56% | 15.05% | 14.75% | 14.47% | 11.69% | 9.36% | 9.78% | 9.37% | 9.99% | 12.50% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $4,567,000K ÷ $24,878,000K
= 18.36%
Eaton Corporation PLC has shown a generally positive trend in its pretax margin over the periods provided. The pretax margin increased steadily from 12.50% as of March 31, 2020, reaching a peak of 18.36% by December 31, 2024.
The company experienced some fluctuations in its pretax margin during this period, with minor dips in mid-2020 and early 2021. However, overall, the trend showcases an improving profitability metric, indicating the company's ability to generate earnings before taxes as a percentage of its total revenue.
The increasing trend in pretax margin suggests that Eaton Corporation PLC has been managing its costs effectively, increasing operational efficiency, or potentially improving pricing strategies to enhance profitability. Investors and stakeholders may view this positive trend as a sign of the company's improving financial performance and management effectiveness.
Peer comparison
Dec 31, 2024