ETN

Eaton Corporation plc

$381.98

-2.43% 2026-10-20

IndustrialsS&P 500

1M 3M 6M 1Y 2Y

ETNSPY

-10.8%

-10.1%

-5.0%

-6.3%

YTD

+20.9%

+2.3%

Live chart

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Grades vs sector

Momentum

57th pct in sector

B-

12-1 return: +13.9%
Percentile within its GICS sector across the S&P 1500.

Growth

82nd pct in sector

A-

Revenue growth (YoY): +21.4%
Percentile within its GICS sector across the S&P 1500.

Value

15th pct in sector

D-

Forward E/P: 4.2% · EBITDA/EV: 3.8%
Percentile within its GICS sector across the S&P 1500.

Profitability

67th pct in sector

Profit margin: +12.8% · Return on equity: +19.7%
Percentile within its GICS sector across the S&P 1500.

Revisions

Not enough data yet

–

EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth

not ranked (outside this model's universe or screens)

Momentum Top 15

rank 267 of 499 · 12-1 momentum % 8.6

Momentum Blend

not in the current book

New Highs Growth

rank 70 of 589 · 12-1 momentum % 10.7

Conviction 20

not in the current book

News

More news

EVLN Crosses Critical Technical Indicator

Nasdaq · Oct 19

Key stats

Market cap$148.4B

P/E (trailing)38.9

P/E (forward)23.4

52-week range311.92 – 478.00

Revenue growth (YoY, latest qtr)+21.4%

Dividend yield1.12%

Analyst consensusBuy (26)

Mean price target$485.47 (+27%)

Valuation and fundamentals

Valuation & fundamentals

Bottom line

Looks expensive

Model read-out from the numbers below, not advice. Score -3 (DCF counts double).

▼DCF (base case)below the price by 38%

▼Forward P/E vs sector23.4x vs median 17.1x

•Piotroski F-score6/9

▼Net debt / EBITDA4.1x

▲Analyst target+27% (26 analysts)

Discounted cash flow

Bear

$121

-68%

growth 9% · disc. 10.9% · term. 2.0%

Base

$236

-38%

growth 16% · disc. 9.9% · term. 2.5%

Bull

$393

+3%

growth 19% · disc. 8.9% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal

Today's price assumes free cash flow grows about 18% a year for 10 years.

Implied

+18%/yr

FCF, last 3 yrs

+22%/yr

FCF, last 5 yrs

+7%/yr

Revenue, last 3 yrs

+10%/yr

Revenue, last 5 yrs

+9%/yr

Same inputs as the DCF above: trailing free cash flow 3.9B, 9.9% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.

Edit assumptions · recalculates instantly

Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.13 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Industrials

P/E (trailing)

sector median 26.4× · 80th pct

38.9×
pricier

Forward P/E

sector median 17.1× · 77th pct

23.4×
pricier

EV / EBITDA

sector median 14.8× · 95th pct

34.6×
pricier

Price / sales

sector median 2.1× · 82nd pct

4.9×
pricier

Price / book

sector median 3.5× · 78th pct

7.3×
pricier

FCF yield

sector median 4.5% · 23rd pct

2.7%
pricier

Forward EPS $16.30 vs trailing $9.83 (+66% expected growth). Forward P/E uses analysts' next-12-month estimate.

Backlog (remaining performance obligations)

RPO

$15.0B

as of 2024-03-31

vs a year ago

+22%

YoY

× TTM revenue

0.50×

coverage

22-06

22-09

22-12

23-03

23-06

23-09

23-12

24-03

Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).

Quality & financial health

Gross margin

35.9%

Operating margin

12.2%

FCF margin

13.1%

Net margin

12.8%

Return on equity

18.9%

Return on invested capital

7.3%

Net debt / EBITDA

4.1×

Current ratio

1.2×

Interest cover

8.3×

Cash conversion (OCF/NI)

1.3×

Piotroski F-score 6/9 · last two fiscal years

✓ Positive net income✓ Positive operating cash flow✓ Return on assets improved✓ Cash flow above net income✗ Long-term debt / assets fell✗ Current ratio improved✓ No share dilution✗ Gross margin improved✓ Asset turnover improved

Analysts

Mean target

$485

+27%

Analysts

Buy

Range

$333–$534

low – high

● price · ◆ mean target

Annual history

FY	Revenue	Net income	Free cash flow
2025	$27.4B	$4.1B	$3.6B
2024	$24.9B	$3.8B	$3.5B
2023	$23.2B	$3.2B	$2.9B
2022	$20.8B	$2.5B	$1.9B
2021	$19.6B	$2.1B	$1.6B
2020	$17.9B	$1.4B	$2.6B

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +9.8%.

Earnings

Next report: 2026-11-03 · before open · EPS est 3.55

EstimateActual (beat)Actual (miss)

Report	EPS est	Actual	Surprise
2026-07-31	3.08	3.15	+2.4%
2026-05-05	2.73	2.81	+2.9%
2026-02-03	3.32	3.33	+0.3%
2025-11-04	3.05	3.07	+0.5%
2025-08-05	2.92	2.95	+0.9%
2025-05-02	2.71	2.72	+0.6%
2025-01-31	2.81	2.83	+0.7%
2024-10-31	2.81	2.84	+1.2%

Quarterly revenue

Quarter	Revenue	YoY
2026-06-30	$8.5B	+21.4%
2026-03-31	$7.5B	–
2025-12-31	$7.1B	–
2025-09-30	$7.0B	–
2025-06-30	$7.0B	–

Analyst actions

RBC Capital

2026-10-14 · main

Outperform → Outperform
PT $526

Citigroup

2026-10-12 · main

Buy → Buy
PT $498

Wells Fargo

2026-09-25 · init

→ Overweight
PT $503

UBS

2026-09-08 · up

Neutral → Buy
PT $515

Morgan Stanley

2026-08-28 · main

Overweight → Overweight
PT $520

Evercore ISI Group

2026-08-11 · main

Outperform → Outperform
PT $515

Recent dividends

2026-08-07: $1.100 · 2026-05-08: $1.100 · 2026-03-10: $1.100 · 2025-11-05: $1.040 · 2025-08-07: $1.040 · 2025-05-05: $1.040 · 2025-03-10: $1.040 · 2024-11-04: $0.940

Insider trades

Johnson Gerald

Director · 2026-08-13

BUY
$59.3K

Johnson Gerald

Director · 2026-08-12

BUY
$32.9K

Monesmith Heath B.

See Remarks below. · 2026-08-11

SELL
$8.3M

Wadecki Adam A

See Remarks below. · 2026-08-04

SELL
$231.3K

None

None · None

SELL
–

None

None · None

SELL
–

None

None · None

SELL
–

Stats refreshed 2026-10-20 17:52:09 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

coteau

Coteau Systematic Strategies publishes stock research and model portfolios. It doesn't manage money or give investment advice. Results are hypothetical unless marked Live. Data: Yahoo Finance (delayed) and SEC EDGAR.

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