Eaton Corporation plc logo

Eaton Corporation plc

ETN

NYSEIndustrialsElectrical Equipment & Parts

Regular session

$407.85

−$11.35 · -2.71%

Aug 24, 11:18 AM ET

ETN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

66

Undervalued

Momentum

49

Neutral

Sentiment

71

Bullish

Risk resilience

62

Moderate Risk

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Company profile

Company website

Eaton Corp. Plc is a power management company, which provides energy-efficient solutions for electrical, hydraulic, and mechanical power. It operates through the following segments: Electrical Americas and Electrical Global; Aerospace, Vehicle, and eMobility. The Electrical Americas and Electrical Global segments engage in sales contracts for electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality, wiring devices, circuit protection, utility power distribution, power reliability equipment, and service. The Aerospace segment supplies aerospace fuel, hydraulics, and pneumatic systems for commercial and military use. The Vehicle segment deals with the design, manufacture, marketing, and supply of drivetrain and powertrain systems and critical components that reduce emissions and improve fuel economy, stability, performance and safety of cars, light trucks and commercial vehicles. The eMobility segment designs, manufactures, markets, and supplies electrical and electronic components and systems that improve the power management and performance of both on-road and off-road vehicles. The company was founded in 1911 and is headquartered in Dublin, Ireland.

Industry
Electrical Equipment & Parts
Sector
Industrials
Headquarters
IE
CEO
Paulo Ruiz Sternadt
Listed since
Jun 1, 1972
Employees
97,303

Market position

Day range

Current $407.85

52-week range

Current $407.85

Open
$415.5
Previous close
$419.2
Volume
377.22K
0.15× average
Average volume
2.49M
Average daily volume
Market cap
158.37B USD
Beta
1.18
Market reference 1
50-day average
$416.31
-2.03% below average
200-day average
$379.2
+7.56% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
134.19B USD
P/E (TTM)
41.36×
P/B (TTM)
7.82×
P/S (TTM)
5.27×
EV / EBITDA
22.56×
Earnings yield
3.31%
Free cash flow yield
2.87%
Dividend yield
1.06%

Profitability & efficiency

Gross margin
35.90%
Operating margin
17.68%
Net margin
12.76%
Return on equity
21.05%
Return on assets
9.91%
Return on invested capital
13.14%

Financial health

Debt / equity
1.05×
Current ratio
1.32×
Altman Z-score
3.91
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends41%30%19%8%Gross margin, FY2021: 32.17%Gross margin, FY2022: 33.28%Gross margin, FY2023: 36.36%Gross margin, FY2024: 38.18%Gross margin, FY2025: 37.59%Operating margin, FY2021: 14.62%Operating margin, FY2022: 15.62%Operating margin, FY2023: 17.22%Operating margin, FY2024: 19.56%Operating margin, FY2025: 19.05%Net margin, FY2021: 10.92%Net margin, FY2022: 11.86%Net margin, FY2023: 13.87%Net margin, FY2024: 15.25%Net margin, FY2025: 14.90%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 32.17%. Gross margin FY2022 33.28%. Gross margin FY2023 36.36%. Gross margin FY2024 38.18%. Gross margin FY2025 37.59%. Operating margin FY2021 14.62%. Operating margin FY2022 15.62%. Operating margin FY2023 17.22%. Operating margin FY2024 19.56%. Operating margin FY2025 19.05%. Net margin FY2021 10.92%. Net margin FY2022 11.86%. Net margin FY2023 13.87%. Net margin FY2024 15.25%. Net margin FY2025 14.90%.

Income trends

Revenue

27.45B USD+10.33%

Operating income

5.23B USD+7.46%

Net income

4.09B USD+7.78%
Income trends across reported periods29.98B USD19.86B USD9.74B USD−386.4M USDRevenue, FY2021: 19.63B USDRevenue, FY2022: 20.75B USDRevenue, FY2023: 23.2B USDRevenue, FY2024: 24.88B USDRevenue, FY2025: 27.45B USDOperating income, FY2021: 2.87B USDOperating income, FY2022: 3.24B USDOperating income, FY2023: 4B USDOperating income, FY2024: 4.87B USDOperating income, FY2025: 5.23B USDNet income, FY2021: 2.14B USDNet income, FY2022: 2.46B USDNet income, FY2023: 3.22B USDNet income, FY2024: 3.79B USDNet income, FY2025: 4.09B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 19.63B USD. Revenue FY2022 20.75B USD. Revenue FY2023 23.2B USD. Revenue FY2024 24.88B USD. Revenue FY2025 27.45B USD. Operating income FY2021 2.87B USD. Operating income FY2022 3.24B USD. Operating income FY2023 4B USD. Operating income FY2024 4.87B USD. Operating income FY2025 5.23B USD. Net income FY2021 2.14B USD. Net income FY2022 2.46B USD. Net income FY2023 3.22B USD. Net income FY2024 3.79B USD. Net income FY2025 4.09B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue27.45B USD24.88B USD23.2B USD20.75B USD19.63B USD
Cost of goods sold17.13B USD15.38B USD14.76B USD13.85B USD13.31B USD
Gross profit10.32B USD9.5B USD8.43B USD6.91B USD6.32B USD
Research and development796M USD794M USD754M USD665M USD616M USD
Selling, general, and administrative4.28B USD3.84B USD3.68B USD3B USD2.83B USD
Operating expenses5.08B USD4.63B USD4.44B USD3.67B USD3.45B USD
Interest expense264M USD144M USD208M USD88M USD144M USD
Depreciation and amortization751M USD921M USD926M USD954M USD922M USD
Operating income5.23B USD4.87B USD4B USD3.24B USD2.87B USD
Net income4.09B USD3.79B USD3.22B USD2.46B USD2.14B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+2.02%
11 comparable reports
Latest EPS result
3.15
Estimate 3.07 · Beat by 2.61%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates3.663.32.932.57Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 31, 2025: actual 2.83, estimate 2.82, surprise +0.35%, Beat. Q2 2025, reported May 2, 2025: actual 2.72, estimate 2.71, surprise +0.37%, Beat. Q3 2025, reported Aug 5, 2025: actual 2.95, estimate 2.93, surprise +0.68%, Beat. Q4 2025, reported Nov 4, 2025: actual 3.07, estimate 3.05, surprise +0.66%, Beat. Q1 2026, reported Feb 3, 2026: actual 3.33, estimate 3.31, surprise +0.60%, Beat. Q2 2026, reported May 5, 2026: actual 2.81, estimate 2.73, surprise +2.93%, Beat. Q3 2026, reported Jul 31, 2026: actual 3.15, estimate 3.07, surprise +2.61%, Beat. Q4 2026, reported Nov 3, 2026: actual —, estimate 3.52, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates8.87B7.88B6.89B5.9BQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 31, 2025: actual 6.24B USD, estimate 6.32B USD, surprise -1.34%, Miss. Q2 2025, reported May 2, 2025: actual 6.38B USD, estimate 6.25B USD, surprise +2.02%, Beat. Q3 2025, reported Aug 5, 2025: actual 7.03B USD, estimate 6.91B USD, surprise +1.71%, Beat. Q4 2025, reported Nov 4, 2025: actual 6.99B USD, estimate 7.07B USD, surprise -1.19%, Miss. Q1 2026, reported Feb 3, 2026: actual 7.06B USD, estimate 7.09B USD, surprise -0.48%, Miss. Q2 2026, reported May 5, 2026: actual 7.45B USD, estimate 7.14B USD, surprise +4.30%, Beat. Q3 2026, reported Jul 31, 2026: actual 8.53B USD, estimate 8.16B USD, surprise +4.61%, Beat. Q4 2026, reported Nov 3, 2026: actual —, estimate 8.48B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$496.83

21.82% upside
Past 12 months12-month forecastHigh $512Average $496.83Low $480

Recent analyst actions

12 institutions
BMO CapitalmaintainOutperform

ETN news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$4.16

2025 complete year+36.8% since 2021

2026 partial: $3.30

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 7, 2026

$1.10

Quarterly

Record Aug 7, 2026 · Payment Aug 28, 2026

Dividend

Ex-dividend May 8, 2026

$1.10

Quarterly

Record May 8, 2026 · Payment May 29, 2026

Dividend

Ex-dividend Mar 10, 2026

$1.10

Quarterly

Record Mar 10, 2026 · Payment Mar 27, 2026

Dividend

Ex-dividend Nov 6, 2025

$1.04

Quarterly

Record Nov 6, 2025 · Payment Nov 21, 2025

Dividend

Ex-dividend Aug 7, 2025

$1.04

Quarterly

Record Aug 7, 2025 · Payment Aug 22, 2025

Dividend

Ex-dividend May 5, 2025

$1.04

Quarterly

Record May 5, 2025 · Payment May 23, 2025

ETN peers

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