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Eaton Corporation plc(ETN)Earnings, Financials & Key Ratios
ETN•NYSE
$395.68
37.8× P/E·Price updated Jul 7, 2026
AboutEaton Corporation plc operates as a power management company worldwide. The company's Electrical Americas and Electrical Global segment provides electrical components, 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, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems. Its Aerospace segment offers 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, thermoplastic tubing products, fittings, adapters, couplings, and sealing and ducting products; air-to-air refueling systems, fuel pumps, fuel inerting products, sensors, valves, and adapters and regulators; oxygen generation system, payload carriages, and thermal management products; and wiring connectors and cables, as well as hydraulic and bag filters, strainers and cartridges, and golf grips for manufacturers of commercial and military aircraft, and related after-market customers, as well as industrial applications. The company's Vehicle segment 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. Its eMobility segment provides voltage inverters, converters, fuses, onboard chargers, circuit protection units, vehicle controls, power distribution systems, fuel tank isolation valves, and commercial vehicle hybrid systems. Eaton Corporation plc was founded in 1911 and is based in Dublin, Ireland.Show more
- Revenue$27.45B+10.3%
- EBITDA$5.98B+3.3%
- Net Income$4.09B+7.8%
- EPS (Diluted)10.46+10.1%
- Gross Margin37.59%-1.6%
- EBITDA Margin21.79%-6.3%
- Operating Margin19.05%-2.6%
- Net Margin14.9%-2.3%
- ROE21.52%+6.6%
ETN Price & Volume
Eaton Corporation plc (ETN) stock price & volume — 10-year historical chart
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Aggressive Inorganic Growth Pressures Eaton's Margin Profile
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Accelerating
Profitability:Strong
Financial:Mixed
Cash Flow:Mixed
Primary Risk:Integration and Leverage Risk
Key Thesis Takeaways
- Eaton is currently navigating a period of rapid transformation, characterized by double-digit revenue growth of 16.8% in 2026Q1 driven by robust electrical infrastructure demand.
- However, this expansion has necessitated a significant shift in capital structure, with total debt rising to $21.8 billion and goodwill ballooning to $21.4 billion.
- Investors should monitor whether the company can successfully integrate these acquisitions to restore operating margins, which recently compressed to 15.7% from a 2024Q4 peak of 20.9%.
Verdict Logic
while top-line growth is accelerating at 16.8%, the current P/E of 38.50 and the significant increase in debt-to-equity to 1.10 suggest that the market may be overestimating the immediate bottom-line benefits of recent capital deployment.
ETN Growth Metrics
Eaton Corporation plc (ETN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years2.79%
5 Years8.98%
3 Years9.77%
TTM12.68%
Profit CAGR
10 Years7.53%
5 Years23.73%
3 Years18.42%
TTM1.37%
EPS CAGR
10 Years9.5%
5 Years24.55%
3 Years19.43%
TTM3.23%
Return on Capital
10 Years11.97%
5 Years13.74%
3 Years15.37%
Last Year16.76%
ETN Recent Earnings
Eaton Corporation plc (ETN) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 5, 2026Metric
Actual
Est
EPS
$2.81+2.9%
$2.73
Rev
$7.5B+4.3%
$7.1B
Q1 2026
Feb 3, 2026Metric
Actual
Est
EPS
$3.33+0.6%
$3.31
Rev
$7.1B-0.5%
$7.1B
Q4 2025
Nov 4, 2025Metric
Actual
Est
EPS
$3.07+0.7%
$3.05
Rev
$7.0B-1.2%
$7.1B
Q3 2025
Aug 5, 2025Metric
Actual
Est
EPS
$2.95+0.7%
$2.93
Rev
$7.0B+1.7%
$6.9B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $2.81vs $2.73+2.9% | $7.5Bvs $7.1B+4.3% |
| Q1 2026 | Feb 3, 2026 | $3.33vs $3.31+0.6% | $7.1Bvs $7.1B-0.5% |
| Q4 2025 | Nov 4, 2025 | $3.07vs $3.05+0.7% | $7.0Bvs $7.1B-1.2% |
| Q3 2025 | Aug 5, 2025 | $2.95vs $2.93+0.7% | $7.0Bvs $6.9B+1.7% |
Based on last 12 quarters of dataView full earnings history →
Latest ETN News
Recent stock market news and headlines for Eaton Corporation plc (ETN)
Zacks Investment Research·1 day ago
4 Manufacturing Electronics Stocks to Consider on Promising Industry TrendsThe Zacks Manufacturing - Electronics industry gains from solid momentum in the manufacturing sector and strength across major end markets. ETN, EMR, ENS and FELE are some notable stocks in the industry.
Fool - Investing News·1 day ago
This Critical Infrastructure Stock Could Be a Hidden AI WinnerAI needs more than chips. Eaton may control a critical power grid bottleneck that could reshape its growth story, but the stock's valuation raises a tough question.
Zacks Investment Research·4 days ago
VWDRY or ETN: Which Is the Better Value Stock Right Now?Investors with an interest in Manufacturing - Electronics stocks have likely encountered both Vestas Wind Systems AS (VWDRY) and Eaton (ETN). But which of these two stocks presents investors with the better value opportunity right now?
Zacks Investment Research·5 days ago
Eaton Corporation, PLC (ETN) Is a Trending Stock: Facts to Know Before Betting on ItEaton (ETN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Peers Comparison
Key metrics vs top competitors for Eaton Corporation plc (ETN)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $395.68 | $153.64B | 37.83 | 10.33% | 14.9% | 21.52% | 1.05% | |
| $137.91 | $77.24B | 34.14 | 3% | 13.35% | 12.1% | — | |
| $225.05 | $71.3B | 15.29 | 7.85% | 11.16% | 23.05% | — | |
| $468.90 | $52.68B | 61.13 | 0.97% | 12.36% | 29.58% | — | |
| $957.51 | $120.85B | 35.31 | -0.4% | 16.58% | 24.26% | — | |
| $78.70 | $30.82B | 54.28 | 5.75% | 7.54% | 5.76% | — |
Compare ETN vs Peers
Eaton Corporation plc (ETN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ETN SEC Filings & Documents
Eaton Corporation plc (ETN) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 5, 2026·SEC
Material company update
Apr 23, 2026·SEC
Material company update
Mar 10, 2026·SEC
10-K Annual Reports
210-Q Quarterly Reports
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ETN Frequently Asked Questions
Eaton Corporation plc (ETN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Eaton Corporation plc's revenue?
Eaton Corporation plc (ETN) reported $28.52B in revenue for fiscal year 2025. This represents a 310% increase from $6.96B in 1996.
How fast is Eaton Corporation plc growing?
Eaton Corporation plc (ETN) grew revenue by 10.3% over the past year. This is steady growth.
Is ETN profitable?
Yes, Eaton Corporation plc (ETN) is profitable, generating $3.99B in net income for fiscal year 2025 (14.9% net margin).
Dividend & Returns
Does ETN pay dividends?
Yes, Eaton Corporation plc (ETN) pays a dividend with a yield of 1.05%. This makes it attractive for income-focused investors.
What is ETN's return on equity?
Eaton Corporation plc (ETN) has a return on equity (ROE) of 21.5%. This is excellent, indicating efficient use of shareholder capital.
What is Eaton Corporation plc's free cash flow?
Eaton Corporation plc (ETN) generated $4.70B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.