ETN

Eaton
D

ETN

Arincen83/100B

If you had invested in Eaton ago, it would be worth $6,704 today, against $4,096 in SPY and $6,368 in QQQ.

ArincenArincen ScoreBeta

83/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

Eaton key facts

Style
Growth stock · 5.8/10Growth 5.8 · Value 4.2 · Dividend 4.5
Day range
347.99 – 362.99
52-week range
311.92 – 478.00
Market capitalization
135.87B USD
P/E
34.87
PEG ratio
2.14
EPS
10.03
Div Yield
1.26%
EPS growth forecast (FY2026)
+13.8%
Volume
13,724
Beta
1.14
ESG score
66.8/100Environment 63 · Social 67 · Governance 71
Sector
Industrials
Industry
Electrical Equipment & Parts
CEO
Paulo Ruiz Sternadt
Employees
97K
Website
eaton.com
IPO date
1 Jun 1972

Eaton earnings

Next earnings · Q4 FY2026
EPS estimate
4.11 USD
Revenue estimate
8.80B USD
Last quarter · Q3 FY2026
EPS3.68Beat +4.0%Revenue8.95BBeat +4.9%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q3 FY20274.31——+17.17%9.59B——+7.15%
Q2 FY20273.93——+24.80%9.23B——+8.24%
Q1 FY20273.55——+26.36%8.80B——+18.13%
Q4 FY20264.11——+23.42%8.80B——+24.74%
Q3 FY20263.543.68+3.95%+19.87%8.53B8.95B+4.89%+28.03%
Q2 FY20263.073.15+2.61%+6.78%8.16B8.53B+4.61%+21.39%
Q1 FY20262.732.81+2.93%+3.31%7.14B7.45B+4.30%+16.84%
Q4 FY20253.313.33+0.60%+17.67%7.09B7.06B-0.48%+13.06%
Q3 FY20253.053.07+0.66%+8.10%7.07B6.99B-1.19%+10.13%
Q2 FY20252.932.95+0.68%+8.06%6.91B7.03B+1.71%+10.68%

Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved

Eaton analyst forecast

12-month price target
499.00 USD
+42.68%

Analysts' 1-year price targets range from 485.00 to 520.00, with an average of 499.00.

Past year
1-year forecast
Strong sellStrong buy
Strong buy
12 ratings
Buy
11
Hold
1
Sell
0

12-month price target

Highest target520.00
Average target499.00
Lowest target485.00
Current price349.73

Eaton valuation

Price to earnings ratio (TTM)
34.87
Forward P/E (FY2026)
25.46
Price to sales (TTM)
4.25
Price to book
6.48
EV / EBITDA (TTM)
24.28

Capital structure

Market capitalization
135.87B USD
+
Total debt
20.92B USD
−
Cash and short-term investments
818.00M USD
=
Enterprise value
155.97B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)18.44————
FY2027 (est.)21.4718.44———
FY2026 (est.)25.4621.47———
Now (TTM)34.8721.924.256.4824.28
FY202530.3623.194.506.3721.64
FY202434.7927.525.307.1425.08
FY202329.8822.374.145.0521.25
FY202225.4017.453.023.6718.06
FY202132.1222.873.514.2019.57

Eaton against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Vertiv Holdings, AMETEK, Bloom Energy, and Hubbell, the US Electrical Equipment & Parts companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Above its median34.9
    22.546.6
  • Gross marginAbove its median37.6%
    32.2%38.2%
    Against its peers: 1 of 5Peers' median 35.9%
  • Operating marginAbove its median19.1%
    14.6%19.6%
    Against its peers: 3 of 5Peers' median 19.7%
  • Net marginAbove its median14.9%
    10.9%15.3%
    Against its peers: 3 of 5Peers' median 14.1%
  • Return on equityHighest in 5 years21.1%
    13.1%21.1%
    Against its peers: 3 of 5Peers' median 18.5%
  • Free cash flow marginAbove its median12.9%
    8.1%14.1%
    Against its peers: 4 of 5Peers' median 16.7%
  • Revenue growthAbove its median10.3%
    5.7%11.8%
    Against its peers: 3 of 5Peers' median 17.2%
  • EPS growthLowest in 5 years10.1%
    10.1%53.0%
    Against its peers: 3 of 4Peers' median 15.1%
  • Debt to EBITDABelow its median1.80×
    1.74×2.31×
    Against its peers: 3 of 5Peers' median 1.68×
  • Current ratioBelow its median1.32
    1.041.51
    Against its peers: 4 of 5Peers' median 1.63

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Eaton growth and profitability

Revenue (TTM)
31.98B USD
Net income (TTM)
3.90B USD
Gross margin
35.05%
Operating margin
17.29%
Net margin
12.19%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202527.45B+10.33%4.09B+7.78%37.59%19.05%14.90%6.20B+10.14%
FY202424.88B+7.25%3.79B+17.90%38.18%19.56%15.25%5.63B+13.51%
FY202323.20B+11.78%3.22B+30.71%36.36%17.22%13.87%4.96B+25.50%
FY202220.75B+5.73%2.46B+14.83%33.28%15.62%11.86%3.95B-0.23%
FY202119.63B+9.91%2.14B+52.06%32.17%14.62%10.92%3.96B+42.62%

Eaton revenue breakdown

By product

FY2025
Electrical Americas: 48.3%Electrical Global: 24.8%Aerospace: 15.5%Vehicle: 9.1%eMobility: 2.3%48.3%Electrical Americas24.8%Electrical Global15.5%Aerospace9.1%Vehicle2.3%eMobility
SegmentRevenueShare of revenueChange on the year
Electrical Americas13.28B48.3%+16.1%
Electrical Global6.82B24.8%+9.1%
Aerospace4.25B15.5%+13.5%
Vehicle2.51B9.1%-10.2%
eMobility618.00M2.3%-7.6%

By region

FY2025
United States: 62.4%Europe: 18.5%Asia Pacific: 9.9%Latin America: 5.3%Canada: 3.9%62.4%United States18.5%Europe9.9%Asia Pacific5.3%Latin America3.9%Canada
RegionRevenueShare of revenueChange on the year
United States17.12B62.4%+13.0%
Europe5.08B18.5%+12.1%
Asia Pacific2.70B9.9%+10.0%
Latin America1.46B5.3%-13.0%
Canada1.08B3.9%+2.4%

How Eaton makes its money

Electrical Americas13.28B 48.4%
Electrical Global6.82B 24.8%
Aerospace4.25B 15.5%
Vehicle2.51B 9.1%
eMobility618.00M 2.3%
Revenue27.45B 100.0%
Cost of revenue17.13B 62.4%
Gross profit10.32B 37.6%
Research and development796.00M 2.9%
Selling and administration4.28B 15.6%
Operating income5.23B 19.1%
Tax840.00M 3.1%
Other expense300.00M 1.1%
Net income4.09B 14.9%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Eaton dividends

Annual dividend
4.40 USD
Dividend yield (indicated)
1.26%
Payout ratio
43.87%
Years of dividend growth
17
Frequency
Quarterly
Next payment
1.10 USD
Last ex-dividend date
10 Nov 2026
Next payment date
27 Nov 2026

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share4.163.763.443.243.042.922.842.642.402.28

Eaton financial health

Cash and short-term investments
818.00M USD
Total debt
20.92B USD
Net cash
-20.10B USD
Free cash flow (TTM)
3.80B USD
Current ratio
1.23
Debt to equity
1.00
Piotroski score
5 / 9
Altman Z-score
3.42

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY2025803.00M11.17B3.55B
FY20242.08B9.82B3.52B
FY20232.61B9.80B2.87B
FY2022555.00M9.11B1.94B
FY2021568.00M8.92B1.59B

Eaton ownership

Institutions
85.89%
Institutional holders
2,766 (+162)
Free float
99.82%

Who owns the shares

Institutions 85.9% Others 14.1%
As of 30 Jun 2026

Shares free to trade

Free float 387.81M shares ·99.8% Closely held 687.62K shares ·0.2%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q4 2026003.91K5.24K
Q3 20262225.50K40.13K
Q2 20262422.40K28.55K
Q1 202602120.43K57.70K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY2025388.20M389.50M-2.48%
FY2024397.60M399.40M-0.42%
FY2023399.10M401.10M+0.07%
FY2022398.70M400.80M-0.20%
FY2021398.70M401.60M-0.59%

Source: Financial Modeling PrepVerified against SEC filings

Related Instruments

Title: Eaton Corp

Sector: Industrials
Industry: Electrical Equipment & Parts
Eaton Corporation plc is an American-Irish power utility company. It was founded in the US, and its global headquarters are in Dublin, Ireland. The company has over 86,000 employees and distributes its products to customers in more than 175 countries. Its business units are split into the following divisions: Electrical Americas and Electrical Global, Hydraulics, Aerospace, Vehicle and eMobility. Its electrical division manufactures electrical components, power distribution and assemblies, residential products, single-phase power quality, and other products. Its vehicle division manufactures drivetrain systems, powertrain systems and others, while its aerospace division supplies fuel, hydraulics, and pneumatic systems for commercial and military use. eMobility designs and manufactures electrical and electronic components and systems.

Common questions about Eaton stock