Eaton Corp plc (ETN)

Eaton Corporation plc operates as a power management company in the United States, Canada, Latin America, Europe, and the Asia Pacific. It operates through Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility segments. The company offers electrical and industrial components, power distribution and assemblies, residential products, single- and three-phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, and power reliability equipment; and hazardous duty electrical equipment, emergency lighting, fire detection, intrinsically safe explosion-proof instrumentation, and structural support systems. It also provides pumps, motors, hydraulic power units, hoses and fittings, and electro-hydraulic pumps; valves, cylinders, electronic controls, electromechanical actuators, sensors, aircraft flap and slat systems, and nose wheel steering systems; hose and thermoplastic tubing products, fittings, adapters, couplings, and sealing and ducting products; air-to-air refueling systems, fuel pumps, fuel inerting products, sensors, and adapters and regulators; oxygen generation systems, payload carriages, and thermal management products; wiring connectors and cables; and hydraulic and bag filters, strainers and cartridges, and golf grips for manufacturers of commercial and military aircraft, related aftermarket customers, and industrial applications. In addition, the company offers transmissions, clutches, hybrid power systems, superchargers, engine valves and valve actuation systems, locking and limited slip differentials, transmission controls, and fuel vapor components for the vehicle industry; and voltage inverters, converters, fuses, circuit protection units, vehicle controls, power distribution systems, fuel tank isolation valves, and commercial vehicle hybrid systems. The company was formerly known as Abeiron Limited. The company was founded in 1911 and is based in Dublin, Ireland.

Symbol
ETN
Exchange
NYSE
Sector
Industrials
Industry
Specialty Industrial Machinery
Market cap
$169.39B
52 week range
311.92 - 478

Valuation

Share price
$436.11 (close of 2026-10-02)
P/E (TTM)
44.32x
Price to book
8.34x
Price to free cash flow
43.06x
Enterprise value
$190.02B
Book value per share
$52.26

Price performance

PeriodChange
1 day-0.27%
5 days-0.88%
1 month+11.58%
3 months+9.43%
6 months+20.77%
Year to date+36.92%
1 year+15.75%
3 years+107.43%
5 years+189.49%
10 years+563.69%
All time+19111.89%

Members of Congress who disclosed ETN trades

Julie Johnson · Lisa McClain · David Taylor · Gilbert Ray Cisneros · Josh Gottheimer · John Boozman · Kevin Hern · Markwayne Mullin · Val Hoyle · Alan Armstrong · John Hickenlooper · Lizzie Fletcher

And 3 others

Super investors holding ETN

Philippe Laffont (Coatue Management) · Ken Griffin (Citadel) · David Katz (Matrix Asset Advisors Inc)

Profitability and growth

Return on equity
20.99%
Return on assets
9.91%
Gross margin
37.59%
Net margin
14.89%
EBITDA margin
21.62%
Revenue growth
10.33%
Net income growth
7.72%
Free cash flow growth
0.97%

Cash flow and balance sheet

Free cash flow yield (TTM)
2.32%
Current ratio
1.24x
Net debt to EBITDA
3.20x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$27.45B
Cost of revenue
$17.13B
Gross profit
$10.32B
EBITDA
$5.93B
Net income
$4.09B
Earnings per share
$10.48
Research and development
$797.00M
Shares outstanding
389.90M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$27.45B$10.32B$4.09B$10.48
2024-12-31$24.88B$9.50B$3.79B$9.54
2023-12-31$23.20B$8.43B$3.22B$8.06
2022-12-31$20.75B$6.89B$2.46B$6.17
2021-12-31$19.63B$6.33B$2.14B$5.38
2020-12-31$17.86B$5.45B$1.41B$3.51
2019-12-31$21.39B$7.05B$2.21B$5.28
2018-12-31$21.61B$7.10B$2.15B$4.93
2017-12-31$20.40B$6.65B$2.99B$6.71
2016-12-31$19.75B$6.35B$1.92B$4.21

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3137.59%14.89%20.99%-
2024-12-3138.20%15.25%20.47%-
2023-12-3136.36%13.87%16.88%-
2022-12-3133.19%11.86%14.42%-
2021-12-3132.28%10.92%13.03%-
2020-12-3130.52%7.90%9.42%-
2019-12-3132.97%10.34%13.70%13.54%
2018-12-3132.85%9.93%13.29%14.43%
2017-12-3132.58%14.63%17.27%11.83%
2016-12-3132.16%9.72%12.80%12.25%

Cash and debt by year

Period endCashDebt
2025-12-31$803.00M$9.89B
2024-12-31$2.08B$9.15B
2023-12-31$2.61B$9.26B
2022-12-31$555.00M$8.33B
2021-12-31$568.00M$8.57B
2020-12-31$1.10B$8.06B
2019-12-31$591.00M$8.07B
2018-12-31$440.00M$7.11B
2017-12-31$1.09B$7.75B
2016-12-31$746.00M$8.26B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$3.55B-
2024-12-31$3.52B-
2023-12-31$2.87B-
2022-12-31$1.94B-
2021-12-31$1.59B-
2020-12-31$2.56B-
2019-12-31$2.86B$9.00M
2018-12-31$2.09B$11.00M
2017-12-31$2.15B$11.00M
2016-12-31$2.07B$14.00M

Dividend history

Most recent payment
2026-08-07
Paid in the last twelve months
$4.34
Payment dateDividend per share
2026-08-07$1.10
2026-05-08$1.10
2026-03-10$1.10
2025-11-05$1.04
2025-08-07$1.04
2025-05-05$1.04
2025-03-10$1.04
2024-11-04$0.94

Investor relations

Next earnings report

Next confirmed report
2026-11-03
Consensus EPS estimate
$3.53

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-31Jun/2026$3.08
2026-05-05Mar/2026$2.74
2026-02-03Dec/2025$3.33
2025-11-04Sep/2025$3.06
2025-08-05Jun/2025$2.92
2025-05-02Mar/2025$2.70
2025-01-31Dec/2024$2.81
2024-10-31Sep/2024$2.80

Filings and sources

Company website
eaton.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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