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EatonETN

Electrical Components & Equipment · Dublin, Ireland · In the S&P 500
Solid business
$369.97−6.03%After hours: $370.86 (+0.24%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 4.6% over 1 year
Eaton over 1 yearDaily close, $, to 30 Oct 2026
$350$400$450Nov2026MarMayJulSep$369.97$400NovMarJul$369.97
Source: Nasdaq daily closes
Market value$144B
Price to earnings37.1x
Forward P/E24.4x
Dividend yield1.19%
Year to date+16.2%
One year−4.6%
Next earningsTue 3 Nov, before the open
52-week range (closes)
$315.82$459.96

Quality and valuation

How Eaton compares with other industrials stocks. A description, not a recommendation.

Eaton and 5 electrical components & equipment peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: in line with its sector

An average business among industrials companies, priced about in line with them.

Eaton trades at 24.4 times the next 12 months of expected earnings, against a median of 21.4x for the 89 industrials stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +15.5% vs +8.0%
  • Keeps less of each sale (gross margin): 35.9% vs 38.1%
  • Turns less of its sales into cash: 13.1% vs 13.1%
  • Keeps less of its revenue as profit (net margin): 12.8% vs 13.0%
ETN trades at 24.4x forward earnings, above the sector medianForward p/e, Electrical Components & Equipment peers
EMR23.2xETN24.4xAME27.1xVRT28.8xROK30.1xBE50.8xSector median 21.4xEMR23.2xETN24.4xAME27.1xVRT28.8xROK30.1xBE50.8xSector median 21.4x
Source: CNBC quotes; Mostly Markets
At 37.7x earnings, ETN is pricier than its average since Aug 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
30x40xAverage 36.3x2025202637.7x30x40xAverage 36.3x2025202637.7x
Source: Nasdaq prices; SEC filings

Financials

From Eaton's SEC filings, through the quarter ending 30 Jun 2026. Hover or tap a bar for its value.

Revenue grew 21.4% from a year earlierQuarterly revenue, $bn, latest Q2 ’26
$0bn$2bn$5bn$8bnQ3 ’24Q1 ’25Q3 ’25$8.5bnQ2 ’26$0bn$5bnQ3 ’24Q1 ’25Q3 ’25$8.5bnQ2 ’26
Source: SEC filings
Growth sped up to +21.4% last quarterRevenue growth, year on year, %
0%10%20%Q3 ’24Q1 ’25Q3 ’2521.4%Q2 ’260%10%20%Q3 ’24Q1 ’25Q3 ’2521.4%Q2 ’26
Source: SEC filings
Free cash flow was $3.9 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0.0bn$0.5bn$1.0bn$1.5bnQ3 ’24Q1 ’25Q3 ’25$0.9bnQ2 ’26$0bn$1bnQ3 ’24Q1 ’25Q3 ’25$0.9bnQ2 ’26
Source: SEC filings
Diluted EPS was $2.11 last quarterQuarterly diluted earnings per share, $
$0$1$2Q3 ’24Q1 ’25Q3 ’25$2.11Q2 ’26$0$1$2Q3 ’24Q1 ’25Q3 ’25$2.11Q2 ’26
Source: SEC filings
Last 12 monthsETNSector median
Revenue growth+15.5%+8.0%
Gross margin35.9%38.1%
Free cash flow margin13.1%13.1%
Price to earnings37.1x25.8x

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Similar companies

Electrical Components & Equipment, by market value.

CompanyPriceTodayYTDValue
EMREmerson Electric$164.94−3.40%+24.3%$92.00B
VRTVertiv$232.50−5.46%+43.5%$89.53B
BEBloom Energy$203.17−8.61%+133.8%$60.07B
AMEAmetek$241.12−4.23%+17.4%$55.28B
ROKRockwell Automation$436.20−3.37%+12.1%$48.44B