eaton corp. plc - ETN

ETN

Close Chg Chg %
370.86 6.45 1.74%

Closed Market

377.31

+6.45 (1.74%)

Volume: 2.41M

Last Updated:

Nov 22, 2024, 3:59 PM EDT

Company Overview: eaton corp. plc - ETN

ETN Key Data

Open

$372.23

Day Range

371.80 - 378.00

52 Week Range

224.54 - 378.00

Market Cap

$146.60B

Shares Outstanding

395.20M

Public Float

394.40M

Beta

1.01

Rev. Per Employee

N/A

P/E Ratio

39.45

EPS

$9.45

Yield

99.20%

Dividend

$0.94

EX-DIVIDEND DATE

Nov 4, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

2.11M

 

ETN Performance

1 Week
 
5.13%
 
1 Month
 
9.56%
 
3 Months
 
25.80%
 
1 Year
 
65.01%
 
5 Years
 
315.92%
 

ETN Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 27
Full Ratings ➔

About eaton corp. plc - ETN

Eaton Corp. Plc is a power management company, which provides energy-efficient solutions for electrical, hydraulic, and mechanical power. It operates through the following segments: Electrical Americas and Electrical Global; Aerospace, Vehicle, and eMobility. The Electrical Americas and Electrical Global segments engage in sales contracts for electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality, wiring devices, circuit protection, utility power distribution, power reliability equipment, and service. The Aerospace segment produces aerospace fuel, hydraulics, and pneumatic systems for commercial and military use. The Vehicle segment deals with the design, manufacture, marketing, and supply of drivetrain and powertrain systems and critical components that reduce emissions and improve fuel economy, stability, performance and safety of cars, light trucks and commercial vehicles. The eMobility segment designs, manufactures, markets, and supplies electrical and electronic components and systems that improve the power management and performance of both on-road and off-road vehicles. The company was founded in 1911 and is headquartered in Dublin, Ireland.

ETN At a Glance

Eaton Corp. Plc
Eaton House
Dublin, Dublin 4
Phone 353-1637-2900 Revenue 23.20B
Industry Electrical Products Net Income 3.22B
Sector Producer Manufacturing 2023 Sales Growth 11.777%
Fiscal Year-end 12 / 2024 Employees 94,000
View SEC Filings

ETN Valuation

P/E Current 39.45
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 30.017
Price to Sales Ratio 4.164
Price to Book Ratio 5.053
Price to Cash Flow Ratio 26.654
Enterprise Value to EBITDA 21.125
Enterprise Value to Sales 4.482
Total Debt to Enterprise Value 0.096

ETN Efficiency

Revenue/Employee 246,765.957
Income Per Employee 34,234.043
Receivables Turnover 4.869
Total Asset Turnover 0.632

ETN Liquidity

Current Ratio 1.507
Quick Ratio 1.024
Cash Ratio 0.337

ETN Profitability

Gross Margin 36.355
Operating Margin 17.223
Pretax Margin 16.499
Net Margin 13.873
Return on Assets 8.763
Return on Equity 17.841
Return on Total Capital 11.107
Return on Invested Capital 12.001

ETN Capital Structure

Total Debt to Total Equity 52.201
Total Debt to Total Capital 34.297
Total Debt to Total Assets 25.856
Long-Term Debt to Equity 46.107
Long-Term Debt to Total Capital 30.294
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Eaton Corp. Plc - ETN

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
17.86B 19.63B 20.75B 23.20B
Sales Growth
-16.51% +9.91% +5.73% +11.78%
Cost of Goods Sold (COGS) incl D&A
12.41B 13.31B 13.85B 14.76B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
811.00M 922.00M 954.00M 926.00M
Depreciation
469.00M 478.00M 455.00M 476.00M
Amortization of Intangibles
342.00M 444.00M 499.00M 450.00M
COGS Growth
-13.43% +7.25% +4.00% +6.62%
Gross Income
5.45B 6.32B 6.91B 8.43B
Gross Income Growth
-22.79% +15.98% +9.36% +22.11%
Gross Profit Margin
+30.49% +32.17% +33.28% +36.36%
2020 2021 2022 2023 5-year trend
SG&A Expense
3.12B 3.44B 3.67B 4.44B
Research & Development
551.00M 616.00M 665.00M 754.00M
Other SG&A
2.57B 2.83B 3.00B 3.68B
SGA Growth
-21.72% +10.28% +6.39% +21.09%
Other Operating Expense
- - - -
-
Unusual Expense
426.00M 416.00M 298.00M 54.00M
EBIT after Unusual Expense
1.90B 2.45B 2.94B 3.94B
Non Operating Income/Expense
72.00M 586.00M 56.00M 94.00M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
221.00M 144.00M 88.00M 208.00M
Interest Expense Growth
-6.36% -34.84% -38.89% +136.36%
Gross Interest Expense
221.00M 144.00M 88.00M 208.00M
Interest Capitalized
- - - -
-
Pretax Income
1.75B 2.90B 2.91B 3.83B
Pretax Income Growth
-32.61% +65.86% +0.52% +31.47%
Pretax Margin
+9.78% +14.75% +14.03% +16.50%
Income Tax
331.00M 750.00M 445.00M 604.00M
Income Tax - Current - Domestic
15.00M 50.00M 3.00M 42.00M
Income Tax - Current - Foreign
441.00M 730.00M 570.00M 744.00M
Income Tax - Deferred - Domestic
- (2.00M) 13.00M 1.00M
Income Tax - Deferred - Foreign
(125.00M) (28.00M) (141.00M) (183.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
1.42B 2.15B 2.46B 3.22B
Minority Interest Expense
5.00M 2.00M 4.00M 5.00M
Net Income
1.41B 2.14B 2.46B 3.22B
Net Income Growth
-36.23% +52.06% +14.79% +30.76%
Net Margin Growth
+7.90% +10.92% +11.86% +13.87%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
1.41B 2.14B 2.46B 3.22B
Preferred Dividends
- - - -
-
Net Income Available to Common
1.41B 2.14B 2.46B 3.22B
EPS (Basic)
3.5057 5.3775 6.1751 8.0631
EPS (Basic) Growth
-33.56% +53.39% +14.83% +30.57%
Basic Shares Outstanding
402.20M 398.70M 398.70M 399.10M
EPS (Diluted)
3.4901 5.3386 6.1427 8.0229
EPS (Diluted) Growth
-33.58% +52.96% +15.06% +30.61%
Diluted Shares Outstanding
404.00M 401.60M 400.80M 401.10M
EBITDA
3.13B 3.79B 4.20B 4.92B
EBITDA Growth
-20.61% +21.07% +10.63% +17.31%
EBITDA Margin
+17.54% +19.32% +20.21% +21.21%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 377.139
Number of Ratings 27 Current Quarters Estimate 2.822
FY Report Date 12 / 2024 Current Year's Estimate 10.777
Last Quarter’s Earnings 2.84 Median PE on CY Estimate N/A
Year Ago Earnings 9.12 Next Fiscal Year Estimate 12.079
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 21 15 23 23
Mean Estimate 2.82 2.73 10.78 12.08
High Estimates 2.88 2.79 10.85 12.39
Low Estimate 2.78 2.67 10.47 11.85
Coefficient of Variance 0.84 1.42 0.68 1.02

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 14 16 14
OVERWEIGHT 5 3 2
HOLD 7 6 5
UNDERWEIGHT 1 1 0
SELL 0 0 1
MEAN Overweight Overweight Overweight

Insider Actions for Eaton Corp. Plc - ETN

Date Name Shares Transaction Value
Nov 8, 2024 Craig Arnold See Remarks below.; Director 549,576 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $360.27 per share 197,995,745.52
Nov 8, 2024 Craig Arnold See Remarks below.; Director 555,224 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $358.9 per share 199,269,893.60
Nov 8, 2024 Craig Arnold See Remarks below.; Director 506,360 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $362.19 per share 183,398,528.40
Nov 8, 2024 Craig Arnold See Remarks below.; Director 519,703 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $361.43 per share 187,836,255.29
Oct 4, 2024 Adam Wadecki See Remarks below 1,964 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Oct 4, 2024 Adam Wadecki See Remarks below 966 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Oct 4, 2024 Adam Wadecki See Remarks below 670 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $327.79 per share 219,619.30
May 10, 2024 Peter Denk See Remarks below. 5,086 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $331.84 per share 1,687,738.24
May 8, 2024 Robert Venkat Pragada Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 8, 2024 Robert Venkat Pragada Director 798 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $319.59 per share 255,032.82
May 8, 2024 Robert Venkat Pragada Director 1,051 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 8, 2024 Robert Venkat Pragada Director 540 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Gerald Bernard Smith Director 2,589 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $319.59 per share 827,418.51
May 8, 2024 Gerald Bernard Smith Director 2,842 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 8, 2024 Lori J. Ryerkerk Director 540 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Lori J. Ryerkerk Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 8, 2024 Lori J. Ryerkerk Director 1,398 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $319.59 per share 446,786.82
May 8, 2024 Lori J. Ryerkerk Director 1,651 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 8, 2024 Gregory R. Page Director 540 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 8, 2024 Gregory R. Page Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Eaton Corp. Plc in the News