ETN Stock Analysis: Eaton | NYSE
Specialty Industrial Machinery | NYSE, USA | Market Cap: 164.880m USD | 12M Return: 14.9% | IE00B8KQN827 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 861M
EPS Trend: 97.9%
Qual. Beats: 2
Rev. Trend: 98.4%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Eaton Corporation plc (NYSE: ETN) is a Dublin-based power management company founded in 1911, operating across the United States, Canada, Latin America, Europe, and Asia Pacific. The company is organized into five segments: Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility, reflecting a diversified industrial portfolio spanning electrical components, aerospace systems, vehicle drivetrain products, and electric mobility solutions.
Within its Electrical segments, Eaton manufactures products such as circuit protection devices, power distribution assemblies, wiring devices, and utility power equipment. The Aerospace segment supplies pumps, motors, hydraulic systems, refueling systems, filtration products, and thermal management solutions to commercial and military aircraft manufacturers and aftermarket customers. The Vehicle and eMobility segments serve automotive and commercial vehicle OEMs with transmissions, clutches, hybrid power systems, and power electronics including voltage inverters, converters, and battery management-related components.
As a large-cap industrial classified within the GICS Electrical Components & Equipment sub-industry, Eaton operates as a B2B supplier whose products are embedded in the infrastructure, transportation, and aerospace value chains. The breadth of its segment portfolio, spanning both traditional hydraulic and electrical products and emerging electric mobility technologies, positions the company to benefit from electrification trends across commercial vehicles and aviation alongside steady demand for power distribution and reliability equipment.
- Data center power demand drives Electrical segment revenue growth
- Aerospace aftermarket margins expand on commercial aviation rebound
- eMobility segment faces headwinds as EV adoption slows
| Net Income: 3.83b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -1.08 > 1.0 |
| NWC/Revenue: 9.54% < 20% (prev 8.86%; Δ 0.67% < -1%) |
| CFO/TA 0.09 > 3% & CFO 4.95b > Net Income 3.83b |
| Net Debt (21.3b) to EBITDA (6.46b): 3.31 < 3 |
| Current Ratio: 1.24 > 1.5 & < 3 |
| Outstanding Shares: last quarter (389.5m) vs 12m ago -0.76% < -2% |
| Gross Margin: 35.90% > 18% (prev 38.15%; Δ -2.25% > 0.5%) |
| Asset Turnover: 62.11% > 50% (prev 64.16%; Δ -2.05% > 0%) |
| Interest Coverage Ratio: 11.88 > 6 (EBIT TTM 5.27b / Interest Expense TTM 444.0m) |
| A: 0.05 (Total Current Assets 14.8b - Total Current Liabilities 11.9b) / Total Assets 56.2b |
| B: 0.21 (Retained Earnings 11.5b / Total Assets 56.2b) |
| C: 0.11 (EBIT TTM 5.27b / Avg Total Assets 48.3b) |
| D: 0.56 (Book Value of Equity 20.3b / Total Liabilities 35.9b) |
| Altman-Z'' = 2.33 = BBB |
| DSRI: 1.05 (Receivables 6.67b/5.49b, Revenue 30.0b/26.0b) |
| GMI: 1.06 (GM 38.15% / 35.90%) |
| AQI: 1.08 (AQ_t 0.64 / AQ_t-1 0.59) |
| SGI: 1.16 (Revenue 30.0b / 26.0b) |
| TATA: -0.02 (NI 3.83b - CFO 4.95b) / TA 56.2b) |
| Beneish M = -2.77 (Cap -4..+1) = A |
As of October 13, 2026, the stock is trading at USD 426.69 with a total of 1,292,386 shares traded. Over the past week, the price has changed by -1.37%, over one month by +8.53%, over three months by +6.18% and over the past year by +14.93%.
Current recommended Stop Loss: 408.20 (which is 4.3% or 1.3 ATR below the current price).
Eaton has received a consensus analysts rating of 4.43. Therefore, it is recommended to buy ETN.
- StrongBuy: 18
- Buy: 5
- Hold: 4
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 482.9 | 13.2% |
P/E Trailing = 43.1852
P/E Forward = 27.6243
P/S = 5.4912
P/B = 8.4139
P/EG = 2.6662
Revenue TTM = 30.0b USD
EBIT TTM = 5.27b USD
EBITDA TTM = 6.46b USD
Long Term Debt = 18.5b USD (from longTermDebt, last quarter)
Short Term Debt = 2.10b USD (from shortTermDebt, last quarter)
Debt = 22.0b USD (from shortLongTermDebtTotal, last quarter) + Leases 715.0m
Net Debt = 21.3b USD (calculated: Debt 22.0b - CCE 695.0m)
Enterprise Value = 186b USD (165b + Debt 22.0b - CCE 695.0m)
Interest Coverage Ratio = 11.88 (Ebit TTM 5.27b / Interest Expense TTM 444.0m)
EV/FCF = 47.35x (Enterprise Value 186b / FCF TTM 3.93b)
FCF Yield = 2.11% (FCF TTM 3.93b / Enterprise Value 186b)
FCF Margin = 13.10% (FCF TTM 3.93b / Revenue TTM 30.0b)
Net Margin = 12.76% (Net Income TTM 3.83b / Revenue TTM 30.0b)
Gross Margin = 35.90% ((Revenue TTM 30.0b - Cost of Revenue TTM 19.2b) / Revenue TTM)
Gross Margin QoQ = 33.47% (prev 35.59%)
Tobins Q-Ratio = 3.31 (Enterprise Value 186b / Total Assets 56.2b)
Interest Expense / Debt = 2.01% (Interest Expense 444.0m / Debt 22.0b)
Taxrate = 20.60% (995.0m / 4.83b)
NOPAT = 4.19b (EBIT 5.27b * (1 - 20.60%))
Current Ratio = 1.24 (Total Current Assets 14.8b / Total Current Liabilities 11.9b)
Debt / Equity = 1.09 (Debt 22.0b / totalStockholderEquity, last quarter 20.3b)
Debt / EBITDA = 3.31 (Net Debt 21.3b / EBITDA 6.46b)
Debt / FCF = 5.43 (Net Debt 21.3b / FCF TTM 3.93b)
Total Stockholder Equity = 19.6b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.92% (Net Income 3.83b / Total Assets 56.2b)
RoE = 19.56% (Net Income TTM 3.83b / Total Stockholder Equity 19.6b)
RoCE = 13.84% (EBIT 5.27b / Capital Employed (Equity 19.6b + L.T.Debt 18.5b))
RoIC = 9.17% (NOPAT 4.19b / Invested Capital 45.7b)
WACC = 11.14% (E(165b)/V(187b) * Re(12.42%) + D(22.0b)/V(187b) * Rd(2.01%) * (1-Tc(0.21)))
Discount Rate = 12.42% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.47 | Cagr: -1.38%
[DCF] Terminal Value 69.48% ; FCFF base≈3.67b ; Y1≈4.21b ; Y5≈6.19b
[DCF] Fair Price = 105.4 (EV 62.3b - Net Debt 21.3b = Equity 41.0b / Shares 388.4m; r=11.14% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 97.91 | EPS CAGR: 13.50% | SUE: 1.78 | # QB: 2
Revenue Correlation: 98.39 | Revenue CAGR: 9.81% | SUE: 2.66 | # QB: 2
EPS current Quarter (2026-09-30): EPS=3.54 | Chg30d=+0.24% | Revisions=+40% | Analysts=23
EPS current Year (2026-12-31): EPS=13.58 | Chg30d=+0.22% | Revisions=+50% | GrowthEPS=+12.5% | GrowthRev=+19.7%
EPS next Year (2027-12-31): EPS=16.25 | Chg30d=+1.11% | Revisions=+29% | GrowthEPS=+19.6% | GrowthRev=+11.9%
[Analyst] Revisions Ratio: +58% (up=8, down=1)