Skip to Content

Eaton Corp PLC ETN

Morningstar Rating
$320.06 −3.18 (0.98%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

Eaton Continues to Capitalize on Strong Growth Tailwinds

Eaton is a mission-critical manufacturer of highly engineered products and services. These offerings are designed to solve customer pain points in vital portions of the world’s infrastructure. We believe Eaton has successfully repositioned its portfolio to fully benefit from an energy supercycle and capture secular trends like the global energy transition, digitization, and electrification. Eaton’s portfolio can be divided into two portions: its legacy industrial sector and its electrical sector.

Price vs Fair Value

ETN is trading at a 729% premium.
Price
$320.06
Fair Value
$924.00
Uncertainty
Medium
1-Star Price
$195.71
5-Star Price
$641.70
Economic Moat
Wzrlyj
Capital Allocation
Gnvxwjy

Bulls Say, Bears Say

Bulls

Eaton’s portfolio moves could create value for shareholders and transform the firm from a 10% ROIC generator to one in the mid- to upper teens.

Bears

Even when baking in all of management's targets by 2025, the stock is priced for perfection, and any misstep in the strategic plan's execution could cause the stock to contract.

Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if ETN is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$323.24
Day Range
$316.51322.94
52-Week Range
$191.82345.19
Bid/Ask
$315.01 / $329.89
Market Cap
$127.99 Bil
Volume/Avg
223 / 2.3 Mil

Key Statistics

Price/Earnings (Normalized)
33.24
Price/Sales
5.43
Dividend Yield (Trailing)
1.12%
Dividend Yield (Forward)
1.17%
Total Yield
1.23%

Company Profile

Eaton is a diversified power management company operating for over 100 years. The company operates through various segments, including electrical Americas, electrical global, aerospace, vehicle, and eMobility. Eaton’s portfolio can broadly be divided into two halves. One part of its portfolio is housed under its industrial sector umbrella, which serves a large variety of end markets like commercial vehicles, general aviation, and trucks. The other portion is Eaton’s electrical sector portfolio, which serves data centers, utilities, and the residential end market, among others. While the company receives favorable tax treatment with its Ireland domicile, most of its operations are in the US.
Sector
Industrials
Industry
Specialty Industrial Machinery
Stock Style Box
Large Growth
Total Number of Employees
94,000

Competitors

Valuation

Metric
ETN
CMI
EMR
Price/Earnings (Normalized)
33.2414.4721.01
Price/Book Value
6.634.182.97
Price/Sales
5.431.163.77
Price/Cash Flow
32.6226.2419.31
Price/Earnings
ETN
CMI
EMR

Financial Strength

Metric
ETN
CMI
EMR
Quick Ratio
0.930.730.68
Current Ratio
1.561.341.18
Interest Coverage
31.807.938.06
Quick Ratio
ETN
CMI
EMR

Profitability

Metric
ETN
CMI
EMR
Return on Assets (Normalized)
10.37%3.38%5.56%
Return on Equity (Normalized)
21.01%11.08%12.76%
Return on Invested Capital (Normalized)
14.16%6.47%6.72%
Return on Assets
ETN
CMI
EMR
See how this stock stacks up to its competitors with Morningstar Investor

Specialty Industrial Machinery Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Siemens AG ADR
SIEGY
JdlfhdxjlLzq$144.6 Bil
Illinois Tool Works Inc
ITW
WygwflkbtDlgdmxt$71.7 Bil
Parker Hannifin Corp
PH
TykzmsmbzGxxzyj$64.8 Bil
Emerson Electric Co
EMR
TchcfgdkPnp$62.0 Bil
Otis Worldwide Corp Ordinary Shares
OTIS
SyndqsrdNgr$38.8 Bil
Cummins Inc
CMI
GpmzvjlgQjjfqxg$37.9 Bil
Ingersoll Rand Inc
IR
VsqlbhtnzXghsm$37.5 Bil
Xylem Inc
XYL
RzqbbrjcQpnjm$33.6 Bil
Rockwell Automation Inc
ROK
KjjdlnjrWpjv$29.5 Bil

Sponsor Center