Stock Analysis
Eaton Corporation, plc Ordinary SharesETN
P/E 39.69×· 5Y range 21.69–46.74×· top 10% of history
Sector: Industrials · Industry: Misc Industrial & Commercial Machinery & Equipment
AnalystsStrong Buy33 analystsP/E 39.7× sits at the 90th percentile of its 5.086926762491444-year history.
Cash covers 9% of debt · FY 2025.
PMP Verdict
High quality, but expensive
Strengths
- Quality92
- Growth77
Risks
- Valuation22
Excellent business. Weak entry price.
Market context
-2.8% today· Z 1.7σ
Bull Case
- ✓Piotroski F-Score 7/9 — high earnings quality
- ✓Altman Z 5.8 — safe-zone balance sheet
- ✓ROE 19.7% — efficient capital deployment
- ✓Interest coverage 21.5× — debt well covered
What's happening with ETN
Profile
Strong earnings quality and growth; valuation lags behind.
How is each axis scored?
- Valuation22/100 · Weak
- P/E vs own history (90th pct)0/25
- FCF yield (2.6%)5/25
- P/S (5.0x)12/25
- EV/EBIT (30.7x)5/25
- Growth77/100 · Strong
- Revenue CAGR (8.7%)12/25
- Net income CAGR (17.5%)20/25
- EPS CAGR 5Y (18.3%)20/25
- Fwd implied growth (36.8%)25/25
- Profitability72/100 · Moderate
- ROIC (15.0%)12/25
- ROE (19.7%)20/25
- Net margin (12.8%)20/25
- Operating margin (17.3%)20/25
- Financial Health74/100 · Moderate
- Altman Z (5.84)25/25
- Current ratio (1.32)12/25
- Interest coverage (21.5x)25/25
- Net cash / debt (D/A 19%)12/25
- Quality92/100 · Strong
- Piotroski F (7/9)22/25
- Beneish M (-2.45)20/25
- FCF conversion (103%)25/25
- Margin stability (σ 3.1%)25/25
- Moat62/100 · Moderate
- ROIC >12% years (3/10 yrs)6/25
- Median gross margin (32.9%)13/25
- FCF-positive years (10/10 yrs)25/25
- Worst-year net margin (worst 7.9%)18/25
Risk Flags
- ⚠P/E 39.7× at top 10% of 5-year history
About Eaton Corporation, plc Ordinary Shares
Founded in 1911 by Joseph Eaton, the eponymous company began by selling truck axles in New Jersey. Show more
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.
Headquarters: DUBLIN, L2 · Employees: 97,000 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
22EP/E (TTM)39.5xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 21.7x–46.7x · 90th pct
P/FCF38.6xC
Grade C: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield2.6%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 1.8%–3.7% · 62nd pct
P/S (TTM)5.03xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 2.5x–6.1x · 61st pct
EV/EBIT30.7xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 18.6x–39.1x · 64th pct
EV/Sales5.7xC
Grade C: ExpensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E28.8xC
Grade C: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio7.78xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio2.99C
Grade C: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield1.10%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio43.5%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
72B+ROIC15.0%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE19.7%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA7.9%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin12.8%A
Grade A: HighNet Income / Revenue
Operating Margin17.3%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin35.9%C
Grade C: AverageGross Profit / Revenue
FCF Margin13.1%C
Grade C: AverageFCF / Revenue
True FCF Margin13.1%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
77B+Revenue CAGR8.7%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR17.5%A
Grade A: HighCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)18.3%A
Grade A: HighCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth36.8%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-3.2%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue—
TTM stock-based comp / TTM Revenue
Financial Health
74B+Altman Z-Score5.84A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.32xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio0.70xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage21.5xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment2.0yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT1.5xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.45xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.09xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
92A+Piotroski F-Score7/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-2.45A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion102.7%A
Grade A: StrongFCF / Net Income
Margin Stability3.1%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue3.4%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.62xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Wadecki Adam A Filed | Wadecki Adam A | Option exercise | -997 | |
Wadecki Adam A Filed | Wadecki Adam A | Tax withholding | -390 | |
Wadecki Adam A Filed | Wadecki Adam A | Option exercise | +997 | |
Black Shawn M Filed | Black Shawn M | Grant / award | +4.6K | |
Johnson Gerald Filed | Johnson Gerald | BuyOpen market buy | +130 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Johnson Gerald Filed | Johnson Gerald | BuyOpen market buy | +70 | |
Monesmith Heath B. Filed | Monesmith Heath B. | Option exercise | -583 | |
Monesmith Heath B. Filed | Monesmith Heath B. | Option exercise | -658 |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
62BROIC >12% Years3/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)32.9%C
Grade C: ModerateMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor7.9%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$9.86
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$1.79
Cash & short-term investments per share (Finnhub)
Book Value / Share$52.15
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$8.76B
Total debt obligations (short + long term)
Cash & Equiv.$803.00M
Cash and short-term investments
Net Debt$7.96B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$19.43B
Shareholders' equity (book value)
Asset / Liability1.89xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$151.09B
Current Market Capitalization
Beta1.12B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 16, 2026
Key Insights: Eaton Corporation, plc Ordinary Shares (ETN)
ETN is down 2.79% at the last close. Eaton Corporation, plc Ordinary Shares meets 7 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 5.84 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk.
- Beneish M-Score of -2.45 suggests a low likelihood of earnings manipulation.
- Takes ~2.0 years to repay net debt from free cash flow.
- At a valuation score of 22/100, ETN trades at a premium to its historical multiples (P/E 39.5).
See how ETN ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all ETN moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 14 | Regular | 408.01 | -4.74% | -2.96 |
| Oct 14 | After-hours | 405.99 | -5.21% | -3.24 |
Frequently Asked Questions about ETN
What is the current Eaton Corporation, plc Ordinary Shares (ETN) stock price?
ETN is trading at $391.25 at the last market close, down 2.79% on the session. PreMarketPrice tracks ETN pre-market, intraday and after-hours prices.
Is ETN stock a buy right now?
PreMarketPrice's quantitative model rates Eaton Corporation, plc Ordinary Shares's financial health at 74/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is ETN stock overvalued?
Eaton Corporation, plc Ordinary Shares trades at a trailing P/E of 39.5 and our valuation score rates it 22/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Eaton Corporation, plc Ordinary Shares report earnings?
No confirmed earnings date is currently scheduled for ETN. The Earnings section lists recent reports and updates as dates are announced.
What sector does Eaton Corporation, plc Ordinary Shares operate in?
Eaton Corporation, plc Ordinary Shares operates in the Industrials sector, within the Misc Industrial & Commercial Machinery & Equipment industry. The Related Stocks section lists sector peers for comparison.
What does Eaton Corporation, plc Ordinary Shares do?
Founded in 1911 by Joseph Eaton, the eponymous company began by selling truck axles in New Jersey.
About Eaton Corporation, plc Ordinary Shares (ETN) Stock
Eaton Corporation, plc Ordinary Shares (ETN) is a US-listed stock operating in the Industrials sector, specifically the Misc Industrial & Commercial Machinery & Equipment industry. As of the latest update, Eaton Corporation, plc Ordinary Shares is trading at $391.25, down 2.79% on the day with a market capitalization of $151.1 billion. The financial health score for ETN is 74/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for ETN stock.
ETN Stock Analysis & Key Metrics
On PreMarketPrice, you can track Eaton Corporation, plc Ordinary Shares (ETN) across multiple dimensions:
- Pre-market price & movement: Real-time ETN stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for ETN with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Eaton Corporation, plc Ordinary Shares across multiple reporting periods.
- Financial health score: A composite score of 74/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for ETN.
- Sector peers: Compare ETN against 5 other industrials stocks on key financial metrics.
Is ETN a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Eaton Corporation, plc Ordinary Shares (ETN) as an investment. The financial health score of 74/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Eaton Corporation, plc Ordinary Shares (ETN) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.