Skip to content

Eaton

US · ETN #124 by market cap Listed 1970
431.33 -13.76 -3.09%
Live - 5344 symbols - heartbeat 4s ago · 2026-10-08 08:26
Pre-market 427.00 -1.00%
After-hours 432.00 +0.16%
Overnight 428.00 -0.77%
Market cap
167.53B
P/B
8.27
EPS
10.48
Reader sentiment Are you bullish or bearish on ETN?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good
  • Altman Z-Score is 6.15, above the 3.0 "safe zone" threshold.
  • Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year +10.33% YoY

Margins

Gross margin
37.59%
Operating margin
18.98%
Net margin
14.89%

Key ratios & quality

PEG uses trailing P/E against the 3-year net income growth rate (18.41%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item 2018 2019 2020 2021 2022 2023 2024 2025
Revenue 21.61B21.39B17.86B19.63B20.75B23.20B24.88B27.45B
Gross profit 7.10B7.05B5.45B6.34B6.89B8.43B9.50B10.32B
Selling & admin expenses 3.55B3.58B3.08B3.26B3.23B3.80B4.08B4.31B
Research & development 584.00M606.00M551.00M616.00M665.00M754.00M794.00M797.00M
Operating profit 2.97B2.86B1.82B2.46B3.00B3.89B4.63B5.21B
Pretax profit 2.42B2.59B1.75B2.90B2.91B3.83B4.57B4.93B
Tax 278.00M378.00M331.00M750.00M445.00M604.00M768.00M841.00M
Net profit 2.15B2.21B1.42B2.15B2.47B3.22B3.80B4.09B
Basic EPS 5545681010
Diluted EPS 4.915.253.495.346.148.029.5010.45

Balance sheet

Line item 2018 2019 2020 2021 2022 2023 2024 2025
Total current assets 7.59B8.73B9.18B7.51B8.75B11.68B11.80B12.36B
Cash & ST investments 440.00M591.00M1.10B568.00M555.00M2.61B2.08B803.00M
Inventory 2.79B2.81B2.11B2.97B3.43B3.74B4.23B4.72B
Total assets 31.09B32.81B31.82B34.03B35.01B38.43B38.38B41.25B
Total current liabilities 5.15B5.13B5.88B7.21B6.36B7.75B7.86B9.37B
Short-term debt 753.00M503.00M1.05B1.75B334.00M1.03B674.00M1.14B
Long-term debt 6.77B7.82B7.01B6.83B8.32B8.24B8.48B8.76B
Total liabilities 14,950,000,000.0016,672,000,000.0016,851,000,000.0017,576,000,000.0017,939,000,000.0019,363,000,000.0019,850,000,000.0021,782,000,000.00
Total equity 16.14B16.13B14.97B16.45B17.08B19.07B18.53B19.47B
Retained earnings 8.16B8.17B6.79B7.59B8.47B10.31B10.10B10.70B

Cash flow

Line item 2018 2019 2020 2021 2022 2023 2024 2025
Operating cash flow 2.66B3.45B2.94B2.16B2.53B3.62B4.33B4.47B
Depreciation & amortization 903.00M884.00M811.00M922.00M954.00M926.00M921.00M1.01B
Free cash flow 2.09B2.86B2.56B1.59B1.94B2.87B3.52B3.55B
Dividends paid -1.15B-1.20B-1.18B-1.22B-1.30B-1.38B-1.50B-1.63B
Stock buybacks / issuance -1.27B-1.03B-1.61B-122.00M-286.00M0-2.49B-1.86B
Ending cash balance 283.00M370.00M438.00M297.00M294.00M488.00M555.00M622.00M

Returns & efficiency

Line item 2018 2019 2020 2021 2022 2023 2024 2025
ROE % 12.8613.749.0913.6814.7217.8420.2221.56
ROA % 6.736.924.366.517.138.769.8810.26
ROIC % 9.819.986.379.2510.0412.1713.6614.71
5-year avg ROE % 13.5714.1213.3913.5812.8213.8115.1117.60
EBIT margin % 12.4713.2210.6115.4914.7217.1518.8818.85
FCF / sales % 9.6913.3914.318.099.3212.3614.1512.94
Current ratio 1.471.701.561.041.381.511.501.32
Quick ratio 0.830.780.680.540.730.910.850.66
Debt / assets 24.1926.3826.3426.2026.0325.5025.5925.53
LT debt / equity 42.0250.6849.1443.6751.5346.1149.4848.37
Interest coverage 9.9411.9812.7221.1121.2226.3436.1221.46
Revenue CAGR (3Y) % 1.192.70-4.35-3.15-1.009.118.229.77
Net income CAGR (3Y) % 2.844.89-22.12-0.023.6531.6620.9618.41
FCF CAGR (3Y) % 3.2211.385.99-8.79-12.253.9230.3722.45

✦ Quant Revenue Concentration how this is computed

Lead segment, long tail
  • Electrical Americas is the largest reported line at 46.31% of revenue, across 4 reported segments.
  • Electrical Global follows at 29.50%, so the top line still matters most but isn’t the whole story.

Revenue breakdown most recent period

Business

Electrical Americas46.31%
Electrical Global29.50%
Aerospace14.32%
Mobility9.86%

Quote time 2026-10-08 08:26:47 · For reference only, not investment advice and not tailored to your situation.