Eaton Corp PLC ETN

Morningstar Rating

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ETN is trading at a LOCK|>MH?< premium.
Price
$388.00
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

News

Trading Information

Previous Close Price
—
Day Range
—–—
52-Week Range
—–—
Bid/Ask
— / —
Shares Outstanding
388.40M
Market Cap
—
Volume/Avg
— / —

Key Statistics

Price/Earnings (Normalized)
31.39
Price/Sales
5.04
Dividend Yield (Trailing)
1.12%
Dividend Yield (Forward)
1.13%
Dividend Payment Schedule
Mar, May, Aug, Nov
Total Yield
1.45%

Company Profile

Founded in 1911 by Joseph Eaton, the eponymous company began by selling truck axles in New Jersey. Eaton has since become an industrial powerhouse largely through acquisitions in various end markets. Eaton’s portfolio can broadly be divided into two parts: its electrical and industrial businesses. Its electrical portfolio (representing around 70% of company revenue) sells components within data centers, utilities, and commercial and residential buildings, while its industrial business (30% of revenue) sells components within commercial and passenger vehicles and aircraft. Eaton receives favorable tax treatment as a domiciliary of Ireland, but it generates over half of its revenue within the US.
Sector
Industrials
Industry
Specialty Industrial Machinery
Stock Style Box
Large Core
Total Number of Employees
97,000

Competitors

Valuation

Metric
ETN
SU
ABBN
Price/Earnings (Normalized)
31.3928.3835.91
Price/Book Value
7.446.1211.25
Price/Sales
5.043.635.03
Price/Cash Flow
29.6220.1732.95
Price/Earnings
ETN
SU
ABBN

Financial Strength

Metric
ETN
SU
ABBN
Quick Ratio
0.620.810.82
Current Ratio
1.241.091.43
Interest Coverage
11.8612.3177.55
Quick Ratio
ETN
SU
ABBN

Profitability

Metric
ETN
SU
ABBN
Return on Assets (Normalized)
10.31%8.90%10.69%
Return on Equity (Normalized)
24.87%22.32%31.26%
Return on Invested Capital (Normalized)
14.90%13.76%18.66%
Return on Assets
ETN
SU
ABBN

Specialty Industrial Machinery Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
GE Vernova Inc
GEV
LOCK|?w!%?rMLOCK|Fsz<R$268B
Siemens AG ADR
SIEGY
LOCK|@b@zZG%jLOCK|KJ$234B
Eaton Corp PLC
ETN
LOCK|$YBYplLOCK|hC^$167B
Parker Hannifin Corp
PH
LOCK|r?<C<FLOCK|>C@B$121B
Emerson Electric Co
EMR
LOCK|<W^?vrrLOCK|rP$90B
Illinois Tool Works Inc
ITW
LOCK|z!#$K!dLOCK|Bn#$75B
Cummins Inc
CMI
LOCK|wW%@@@LOCK|kk?G>$72B
AMETEK Inc
AME
LOCK|<#g$Qx&>LOCK|FYT$57B
Rockwell Automation Inc
ROK
LOCK|<$KvblLOCK|?P$48B
Fanuc Corp ADR
FANUY
LOCK|VKkp#^$LOCK|!PJ$36B

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