Skip to Content
Morningstar

Eaton Corp PLC ETN

Morningstar Rating
Unlock
Stock XNYS Rating as of
$231.98 +6.40 (2.84%)
View Full Chart
As of Cboe BZX Real-Time Price Open
Unlock Our Analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Eaton Stands to Benefit From the Energy Transition, Digitalization, and Electrification

Brian Bernard

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.

Read Full Report

Price vs Fair Value

View History
ETN is trading at a 8% premium.
Price
$225.60
Fair Value
$821.00
Uncertainty
Medium
1-Star Price
$644.20
5-Star Price
$135.10
Economic Moat
Fjnhc
Capital Allocation
Ytdwmvrn

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

While Eaton has traditionally traded at a discount to peers, its return profile is worse than those peers'.

Show More
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.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$225.58
Day Range
$229.29–232.30
52-Week Range
$151.59–240.33
Bid/Ask
$231.89 / $232.26
Market Cap
$92.55 Bil
Volume/Avg
841 / 2.1 Mil

Key Statistics

Price/Earnings (Normalized)
26.17
Price/Sales
4.00
Dividend Yield
1.52%
Dividend Yield (Forward)
1.52%
Total Yield
1.52%

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 U.S.
Sector
Industrials
Industry
Specialty Industrial Machinery
Stock Style Box
Large Core
Total Number of Employees
92,000
Website
https://www.eaton.com

Competitors

Valuation

View More
Metric
ETN
EMR
PH
Price/Earnings (Normalized)
 26.1719.8519.16
Price/Book Value
 4.902.445.29
Price/Sales
 4.003.362.87
Price/Cash Flow
 24.6417.4917.23
Price/Earnings
ETN
EMR
PH

Financial Strength

Metric
ETN
EMR
PH
Quick Ratio
 0.842.100.46
Current Ratio
 1.452.750.89
Interest Coverage
 22.3710.425.99
Quick Ratio
ETN
EMR
PH

Profitability

Metric
ETN
EMR
PH
Return on Assets (Normalized)
 9.66%6.91%9.83%
Return on Equity (Normalized)
 19.90%18.30%30.34%
Return on Invested Capital (Normalized)
 13.39%8.82%14.70%
Return on Assets
ETN
EMR
PH

Specialty Industrial Machinery Industry Comparables

Screen in Investor
Ticker
Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
SIEGY
Siemens AG ADRMfk$138.0 Bil
GE
General Electric CoNmcyts$130.9 Bil
ITW
Illinois Tool Works IncQxvhfd$73.6 Bil
PH
Parker Hannifin CorpPrvwpq$55.9 Bil
EMR
Emerson Electric CoDsv$50.4 Bil
AME
AMETEK IncGhmkrb$35.9 Bil
OTIS
Otis Worldwide Corp Ordinary SharesYnzf$35.1 Bil
CMI
Cummins IncNwzcw$32.4 Bil
ROK
Rockwell Automation IncDxh$31.5 Bil