Eaton Corp plc (ETN)
Industrials · Electrical Components & Equipment · US stock · S&P 500 component
$391.25
▼ -11.23 (2.79%)
Fair valueOvervalued
$232 −40.7% to fair value
$116fair band $162–$301$348
Day's range
$390.05 – $403.73
52-week range
$309.33 – $478.00
About Eaton Corp plc
Eaton is a power management company, incorporated in Ireland, that makes electrical, aerospace and vehicle products. Its electrical lines include switchgear, circuit protection, power distribution and backup power systems for utilities, data centres, buildings and industry. It also makes hydraulics and fuel systems for aircraft and components for trucks and cars. Customers are utilities, builders, data centre operators, aircraft makers and vehicle manufacturers.
Eaton earns revenue from supplying these products and related services to industrial, commercial and utility customers. It totals $30.0 billion over the last twelve months, growing at 9.8% a year across three years. The operating margin is 17.5%, and the business earns a profit of 10% on the capital invested in it. The company has net debt of 3.1 times EBITDA, and the dividend yield is 1.1%. On the site's X-Ray Score it receives 38 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $309.33 – $478.00Volume 3,101,500Daily, split-adjusted
Vitals
Market cap$152.4B
52-week range$309.33 – $478.00
Volume (last day)3,101,500
P/E (TTM)39.9
EBIT / EV yield3.1%
Free-cash-flow yield2.6%
Dividend yield1.1%
Revenue (TTM)$30.0B
Net income (TTM)$3.8B
Operating margin17.5%
Return on capital10.4%
Debt incl. leases$20.6B
Cash & securities$695M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$232model spread $224 – $240
Overvalued
−40.7% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $391
Undervalued < $162Fair $162 – $301Overvalued > $301
10-year DCF (market-scaled)
$155
Peer multiples
$258
Earnings power floor (not blended)
$53
Fundamentals-adjusted multiple
$283
Growth the price implies
27.0%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Weak business, priced high
Our models put fair value below today's price, so a lot of good news may already be in the price. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
Valuation
Weak
16/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield3.1%
Free-cash-flow yield2.6%
Fair value vs price0.6×
Growth
Strong
78/100
Growing faster than most of its sector.
See the numbers →
Revenue growth (3y)9.8%
EPS growth (3y)19.4%
Growth consistency100%
Profitability
Weak
34/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital10.4%
Operating margin17.5%
Gross profitability19.2%
Financial health
Weak
32/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA3.1×
Interest cover11.9×
Dividends
Weak
37/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield1.1%
Dividends vs free cash flow43%
Dividend growth7.8%
Quarterly results: last 6 quarters
+7.3%
Mar '25
+10.7%
Jun '25
+10.1%
Sep '25
+13.1%
Dec '25
+16.8%
Mar '26
+21.4%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $8.5B, diluted EPS $2.11.
Compare with peers
VRT Vertiv Holdings Co55 ROK Rockwell Automation, I...48 AME Ametek Inc/48 EMR Emerson Electric Co47Other Electrical Components & Equipment companies by X-Ray Score.
Fundamentals checklist
● 4 Good · ● 4 Average · ● 8 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldBad
Risk models
Altman Z''Bad
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Good
Free-cash-flow growth (3y)Good
Revenue growth (3y)Good
Growth consistencyGood
Balance sheet
Current ratioAverage
Net debt / EBITDABad
Interest coverAverage
Valuation
Fair value vs priceBad
EBIT / EV yieldBad
Profitability
Return on invested capitalBad
Operating marginAverage
Gross profitabilityBad
Each check is graded against the company's sector, not a fixed number. Checklist score 38/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $19.6B | $20.8B | $23.2B | $24.9B | $27.4B |
| Operating income | $3.0B | $2.9B | $4.0B | $4.7B | $5.2B |
| Net income | $2.1B | $2.5B | $3.2B | $3.8B | $4.1B |
| Operating cash flow | $2.2B | $2.5B | $3.6B | $4.3B | $4.5B |
| Operating margin | 15.5% | 14.0% | 17.1% | 18.9% | 18.8% |
| Free cash flow | $1.6B | $1.9B | $2.9B | $3.5B | $3.6B |
| Diluted EPS | $5.34 | $6.14 | $8.02 | $9.50 | $10.45 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bearish
3 bullish · 1 neutral · 12 bearish
Weekly
Neutral
5 bullish · 1 neutral · 6 bearish
Monthly
Bullish
5 bullish · 1 neutral · 2 bearish
Moving averages (daily)
| SMA 10 | 422.1 | Bearish |
| EMA 10 | 416.5 | Bearish |
| SMA 20 | 429.3 | Bearish |
| EMA 20 | 421.3 | Bearish |
| SMA 50 | 423.7 | Bearish |
| EMA 50 | 420.4 | Bearish |
| SMA 100 | 415.3 | Bearish |
| EMA 100 | 413.3 | Bearish |
| SMA 200 | 392.8 | Bearish |
| EMA 200 | 397.4 | Bearish |
Oscillators (daily)
| RSI (14) | 34.86 | Neutral |
| MACD (12, 26) | -3.50 | Bearish |
| Momentum (12) | -8.95 | Bearish |
| Stochastic %K (14) | 7.94 | Bullish |
| Williams %R (14) | -92.06 | Bullish |
| CCI (20) | -253.4 | Bullish |
Pivot points (classic, last session)
S3 372.6 | S2 381.3 | S1 386.3 | Pivot 395.0 | R1 400.0 | R2 408.7 | R3 413.7 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
4.34 USD
Yield on today's price
1.11%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 7 Aug 2026 | 1.1000 |
| 8 May 2026 | 1.1000 |
| 10 Mar 2026 | 1.1000 |
| 6 Nov 2025 | 1.0400 |
| 7 Aug 2025 | 1.0400 |
| 5 May 2025 | 1.0400 |
| 10 Mar 2025 | 1.0400 |
| 4 Nov 2024 | 0.9400 |
| 5 Aug 2024 | 0.9400 |
| 3 May 2024 | 0.9400 |
| 8 Mar 2024 | 0.9400 |
| 3 Nov 2023 | 0.8600 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETN SEC filings
16 Oct 2026
8-KSEC EDGAR
Other events
5 Oct 2026
8-KSEC EDGAR
Director or officer change
31 Jul 2026
10-QSEC EDGAR
Quarterly report
31 Jul 2026
8-KSEC EDGAR
Results of operations
11 Jun 2026
8-KSEC EDGAR
Regulation FD disclosure; Other events
5 May 2026
10-QSEC EDGAR
Quarterly report
5 May 2026
8-KSEC EDGAR
Results of operations
23 Apr 2026
8-KSEC EDGAR
Shareholder vote results
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.