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ETN · NYSE

Eaton Corporation, PLC

Specialty Industrial Machinery · Ireland

USD 443.312.5% daily changeQuote 2026-10-06 · USD
Market cap (USD)
US$172.18B
Trailing P/E
45.10x
Forward P/E
27.31x
Quarterly revenue growth
21.4%
Trailing net margin
12.8%
Indicated dividend yield
1.0%

Snapshot 2026-10-06 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-11-03 (provider estimate, not issuer-confirmed).

Company background

Eaton Corporation plc operates as a power management company in the United States, Canada, Latin America, Europe, and the Asia Pacific. It operates through Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility segments. The company offers electrical and 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, and power reliability equipment; and hazardous duty electrical equipment, emergency lighting, fire detection, intrinsically safe explosion-proof instrumentation, and structural support systems. It also provides 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 and thermoplastic tubing products, fittings, adapters, couplings, and sealing and ducting products; air-to-air refueling systems, fuel pumps, fuel inerting products, sensors, and adapters and regulators; oxygen generation systems, payload carriages, and thermal management products; wiring connectors and cables; and hydraulic and bag filters, strainers and cartridges, and golf grips for manufacturers of commercial and military aircraft, related aftermarket customers, and industrial applications. In addition, the company 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; and voltage inverters, converters, fuses, circuit protection units, vehicle controls, power distribution systems, fuel tank isolation valves, and commercial vehicle hybrid systems. The company was formerly known as Abeiron Limited. The company was founded in 1911 and is based in Dublin, Ireland.

Company website

Q2 2026

Go beyond the headline.

Eaton (ETN): Orders +41%, Backlog +43% — But GAAP EPS Fell 16%. Is ETN a Buy?

Published 2026-08-02

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Market metrics · missing or inapplicable values shown as —
MetricETNEaton Corporation plcSnapshot 2026-10-06Financial period: 2026-06-30
Market capMarket value, converted to USDUS$172.18B
Forward P/EProvider forward earnings estimate27.31x
EV / EBITDAEnterprise value / trailing EBITDA28.42x
Revenue growthLatest quarter vs prior-year quarter21.4%
Operating marginLatest reported quarter16.6%
Free cash flow yieldTrailing cash flow / market cap1.8%
Net debt / EBITDANet debt / trailing EBITDA3.11x
Debt / equityTotal debt / positive book equity1.05x
Trailing P/ETrailing twelve-month earnings45.10x
Price / bookPrice / positive book equity per share8.50x
EV / salesEnterprise value / trailing revenue6.28x
Earnings growthLatest quarter vs prior-year quarter-15.9%
Gross marginTrailing twelve months36.0%
Net marginTrailing twelve months12.8%
Return on equityProvider trailing return; positive equity only19.7%
Free cash flow marginTrailing free cash flow / revenue10.3%
Dividend yieldIndicated annual dividend / price1.0%
Earnings payoutProvider trailing dividend payout43.5%
Current ratioCurrent assets / current liabilities1.24x
BetaProvider historical market sensitivity1.13

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

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Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for ETN

All available reporting periods
Q2 20262026-08-02
Q1 20262026-05-05
Q4 20252026-04-15

Reported figures

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