Superworth

Eaton ETN

Electrical Equipment & Parts, Industrials
$366.11
−0.78%
Market cap
$142.2B
PE
37.2×
10y median 28.3×
Forward PE
24.2×
10y median 20.8×
Price to sales
4.7×
EV/EBIT
30.6×
Revenue, 12 months
$30B
+16% on a year ago
Net margin
12.8%
Free cash flow yield
2.8%

Eaton trades at 37.2× trailing earnings, pricier than 82% of the last ten years. Revenue was $30B over the last twelve months, up 16% on a year earlier with a 13% net margin.

Charts

Financials

Income statement for ETN, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$5.9B+11%$6B+11%$5.9B+8%$6.3B+8%$6.3B+8%$6.2B+5%$6.4B+7%$7B+11%$7B+10%$7.1B+13%$7.5B+17%$8.5B+21%
Cost of revenue$3.7B+4%$3.7B+5%$3.7B+4%$3.9B+5%$3.9B+6%$3.8B+2%$3.9B+6%$4.4B+13%$4.3B+11%$4.5B+17%$4.8B+22%$5.7B+28%
Gross profit$2.2B+24%$2.2B+22%$2.2B+18%$2.4B+14%$2.4B+11%$2.4B+9%$2.4B+10%$2.6B+8%$2.7B+9%$2.6B+7%$2.7B+8%$2.9B+10%
R&D$187M+13%$201M+20%$189M+6%$196M+5%$207M+11%$201M+0%$198M+5%$192M−2%$203M−2%$203M+1%$211M+7%$227M+18%
SG&A$949M+17%$956M+20%$1B+13%$1B+4%$1B+8%$1B+5%$1B+2%$1.1B+13%$1.1B+8%$1B+1%$1.3B+21%$1.2B+8%
$1.1B+34%$1.1B+23%$1B+26%$1.2B+26%$1.2B+14%$1.2B+14%$1.2B+20%$1.3B+5%$1.4B+13%$1.4B+13%$1.2B−2%$1.4B+11%
Interest expense$33M−11%$27M−39%$30M−40%$29M−31%$29M−12%$42M+56%$33M+10%$71M+145%$67M+131%$70M+67%$106M+221%$201M+183%
Pre-tax income$1.1B+50%$1.1B+28%$1B+31%$1.2B+33%$1.2B+12%$1.2B+7%$1.2B+18%$1.2B−1%$1.3B+6%$1.3B+11%$1.1B−6%$1.1B−4%
$187M+67%$141M+9%$179M+46%$201M+31%$193M+3%$195M+38%$212M+18%$203M+1%$264M+37%$161M−17%$240M+13%$321M+58%
Net income$891M+47%$945M+31%$821M+29%$993M+34%$1B+13%$971M+3%$964M+17%$982M−1%$1B+0%$1.1B+17%$866M−10%$821M−16%
$2.22+46%$2.35+31%$2.04+28%$2.48+33%$2.53+14%$2.45+4%$2.45+20%$2.51+1%$2.59+2%$2.91+19%$2.22−9%$2.11−16%
401.6M+0%401.8M+0%401.9M+0%401M+0%398.9M−1%396M−1%393.6M−2%391.4M−2%390.1M−2%389.5M−2%389.2M−1%389.5M−1%

Gross profit: 73 periods, Q2 FY08 to Q2 FY26: not printed by the filing, worked out from its own lines.

Operating income: 72 periods, Q2 FY08 to Q2 FY26: not printed by the filing, worked out from its own lines.

Net income: 11 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.

EPS, diluted: 9 periods, Q4 FY08 to Q4 FY19: quarter's net income to common over its shares, to the cent. 11 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.

Diluted shares: 7 periods, Q4 FY08 to Q4 FY19: share-days: the 12-month average less the 9-month, weighted by days. 11 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Estimates

Next earnings report: .

QuarterRevenueRangeEPSRangeAnalysts
Q3 FY26$8.5B$8.2B to $8.7B$3.54$3.50 to $3.5917
Q4 FY26$8.5B$8B to $8.8B$4.09$4.02 to $4.2314
Q1 FY27$8.7B$8.4B to $9B$3.50$3.32 to $3.648
Q2 FY27$9.3B$9B to $9.6B$3.99$3.80 to $4.156
Q3 FY27$9.3B$9B to $9.6B$4.27$4.06 to $4.456
Q4 FY27$9.4B$9B to $9.7B$4.55$4.33 to $4.7412
Q1 FY28$9.6B$9.2B to $9.9B$4.16$3.96 to $4.3313
Q2 FY28$10.3B$9.9B to $10.6B$4.65$4.42 to $4.847

Peers

Companies in Electrical Equipment & Parts nearest Eaton's size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
ETNEaton$142.2B37.2×28.3×24.2×4.7×+16%12.8%
VRTVertiv$74.8B44.0×76.3×24.6×6.5×+26%15.1%
BEBloom Energy$56.9B258×337×52.1×18.3×+91%7.9%
AMEAMETEK$55B35.1×28.8×27.4×7.0×+13%20.0%
HUBBHubbell$23.7B26.5×25.2×20.6×3.8×+11%14.5%
NVTnVent Electric$20.3B34.4×21.2×21.3×4.2×+46%12.4%
Peer median$55B35.1×28.8×24.6×6.5×+26%14.5%

Investors who own it

Investors we follow who held Eaton at the end of Jun 30, 2026, from their 13F filings.

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About

Industry
Electrical Equipment & Parts
Sector
Industrials

Valuation data, not investment advice. Prices as of .