Eaton Gross Margin 2010-2024 | ETN
- Eaton average gross margin for 2023 was 35.01%, a 6.97% increase from 2022.
- Eaton average gross margin for 2022 was 32.73%, a 2.73% increase from 2021.
- Eaton average gross margin for 2021 was 31.86%, a 2.21% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.