Eaton Corporation plc (ETN)

NYSE: ETN · IEX Real-Time Price · USD
312.68
-1.72 (-0.55%)
At close: Mar 28, 2024, 4:00 PM
312.00
-0.68 (-0.22%)
After-hours: Mar 28, 2024, 7:31 PM EDT

Total Valuation

ETN has a market cap or net worth of $125.73 billion. The enterprise value is $132.92 billion.

Market Cap 125.73B
Enterprise Value 132.92B

Important Dates

The next estimated earnings date is Tuesday, April 30, 2024, before market open.

Earnings Date Apr 30, 2024
Ex-Dividend Date Mar 8, 2024

Share Statistics

ETN has 399.50 million shares outstanding. The number of shares has increased by 0.07% in one year.

Shares Outstanding 399.50M
Shares Change (YoY) +0.07%
Shares Change (QoQ) +0.02%
Owned by Insiders (%) 0.20%
Owned by Institutions (%) 85.80%
Float 397.60M

Valuation Ratios

The trailing PE ratio is 38.99 and the forward PE ratio is 30.25. ETN's PEG ratio is 2.98.

PE Ratio 38.99
Forward PE 30.25
PS Ratio 5.42
Forward PS 4.98
PB Ratio 6.60
P/FCF Ratio 42.72
PEG Ratio 2.98
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 27.13, with an EV/FCF ratio of 45.16.

EV / Earnings 41.30
EV / Sales 5.73
EV / EBITDA 27.13
EV / EBIT 33.46
EV / FCF 45.16

Financial Position

The company has a current ratio of 1.51, with a Debt / Equity ratio of 0.51.

Current Ratio 1.51
Quick Ratio 0.91
Debt / Equity 0.51
Debt / EBITDA 2.00
Debt / FCF 3.33
Interest Coverage 26.31

Financial Efficiency

Return on equity (ROE) is 17.70% and return on invested capital (ROIC) is 11.34%.

Return on Equity (ROE) 17.70%
Return on Assets (ROA) 8.70%
Return on Capital (ROIC) 11.34%
Revenue Per Employee $247,342
Profits Per Employee $34,314
Employee Count 93,781
Asset Turnover 0.63
Inventory Turnover 4.12

Taxes

In the past 12 months, ETN has paid $604.00 million in taxes.

Income Tax 604.00M
Effective Tax Rate 15.80%

Stock Price Statistics

The stock price has increased by +88.83% in the last 52 weeks. The beta is 1.07, so ETN's price volatility has been similar to the market average.

Beta (1Y) 1.07
52-Week Price Change +88.83%
50-Day Moving Average 281.05
200-Day Moving Average 233.54
Relative Strength Index (RSI) 69.02
Average Volume (30 Days) 1,762,263

Short Selling Information

The latest short interest is 3.63 million, so 0.91% of the outstanding shares have been sold short.

Short Interest 3.63M
Short Previous Month 3.58M
Short % of Shares Out 0.91%
Short % of Float 0.91%
Short Ratio (days to cover) 1.92

Income Statement

In the last 12 months, ETN had revenue of $23.20 billion and earned $3.22 billion in profits. Earnings per share was $8.02.

Revenue 23.20B
Gross Profit 8.43B
Operating Income 3.89B
Pretax Income 3.82B
Net Income 3.22B
EBITDA 4.90B
EBIT 3.97B
Earnings Per Share (EPS) $8.02
Full Income Statement

Balance Sheet

The company has $2.61 billion in cash and $9.80 billion in debt, giving a net cash position of -$7.19 billion or -$18.01 per share.

Cash & Cash Equivalents 2.61B
Total Debt 9.80B
Net Cash -7.19B
Net Cash Per Share -$18.01
Equity / Book Value 19.04B
Book Value Per Share 47.65
Working Capital 3.93B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $3.62 billion and capital expenditures -$681.00 million, giving a free cash flow of $2.94 billion.

Operating Cash Flow 3.62B
Capital Expenditures -681.00M
Free Cash Flow 2.94B
FCF Per Share $7.37
Full Cash Flow Statement

Margins

Gross margin is 36.36%, with operating and profit margins of 16.75% and 13.87%.

Gross Margin 36.36%
Operating Margin 16.75%
Pretax Margin 16.48%
Profit Margin 13.87%
EBITDA Margin 21.12%
EBIT Margin 17.13%
FCF Margin 12.69%

Dividends & Yields

This stock pays an annual dividend of $3.76, which amounts to a dividend yield of 1.20%.

Dividend Per Share $3.76
Dividend Yield 1.20%
Dividend Growth (YoY) 6.99%
Years of Dividend Growth 14
Payout Ratio 46.88%
Buyback Yield -0.07%
Shareholder Yield 1.13%
Earnings Yield 2.56%
FCF Yield 2.34%
Dividend Details

Analyst Forecast

The average price target for ETN is $268.31, which is -14.19% lower than the current price. The consensus rating is "Buy".

Price Target $268.31
Price Target Difference -14.19%
Analyst Consensus Buy
Analyst Count 17
Revenue Growth Forecast (5Y) 5.35%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on March 1, 2011. It was a forward split with a ratio of 2:1.

Last Split Date Mar 1, 2011
Split Type Forward
Split Ratio 2:1

Scores

ETN has an Altman Z-Score of 5.34 and a Piotroski F-Score of 8.

Altman Z-Score 5.34
Piotroski F-Score 8