ETN
IndustrialsEaton Corporation plc · Industrial - Machinery · $152B
What is Eaton Corporation plc?
Eaton Corporation plc is a global power management company headquartered in Dublin, Ireland. It serves customers across electrical infrastructure, aerospace, and vehicle markets worldwide, helping industries manage, distribute, and protect electrical and mechanical power.
Eaton generates revenue through three primary segments. Its Electrical divisions supply components, power distribution systems, circuit protection, and emergency lighting to commercial, industrial, and utility customers globally. The Aerospace segment provides hydraulic systems, fuel management, and flight-control components to commercial and military aircraft manufacturers. The Vehicle segment delivers drivetrain and powertrain technologies to truck and automotive OEMs. This diversified model allows Eaton to serve both cyclical and long-cycle end markets simultaneously.
Eaton was founded in 1972 and is headquartered in Dublin, Ireland.
- Electrical power distribution and circuit protection systems
- Aerospace hydraulic and fuel management components
- Vehicle drivetrain and hybrid power technologies
- Emergency lighting and fire detection equipment
- Industrial power quality and connectivity products
Is ETN a Good Stock to Buy?
UQS Score rates ETN as Good overall, reflecting a balanced profile across the five quality pillars.
Eaton's Quality, Growth, and Risk pillars all carry Good ratings, pointing to a business that generates reliable earnings, pursues consistent expansion, and manages financial and operational risk at a level above many industrial peers. The company's diversified end-market exposure — spanning electrical infrastructure, aerospace, and vehicles — supports resilience across economic cycles.
The Moat and Valuation pillars both register Neutral, suggesting that competitive advantages are present but not dominant, and that the current market price does not offer a clear discount relative to intrinsic value.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does ETN pay dividends?
Yes — Eaton Corporation plc pays a dividend.
Eaton pays a regular dividend, consistent with its position as a mature industrial conglomerate with steady cash generation. The company has maintained a long track record of returning capital to shareholders through dividends, reflecting management's confidence in recurring free cash flow. Income-oriented investors often view Eaton's dividend as a meaningful component of total return alongside capital appreciation.
When does ETN report earnings?
Eaton Corporation reports earnings on a quarterly cadence, typical for US-listed equities.
Eaton's recent results have reflected strength in its electrical segments, driven by demand for grid modernization and data-center power infrastructure. Aerospace aftermarket activity and vehicle electrification trends have also contributed to revenue momentum. Results across segments have generally been consistent with the Good Growth pillar rating assigned by UQS.
For the most recent quarter's results and guidance, visit Eaton Corporation's investor relations page directly.
ETN Price History
+204.6% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Eaton Corporation plc?
Based on Eaton Corporation plc's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
ETN Long-term Outlook
Eaton's fundamental outlook is shaped by durable secular tailwinds — particularly the global push to upgrade electrical grids, expand data-center capacity, and electrify transportation. The Good Growth pillar reflects these structural drivers, while the Good Risk rating suggests the company is positioned to navigate near-term cyclical headwinds without significant balance-sheet stress. The Neutral Valuation pillar indicates the market has already priced in a meaningful portion of this growth story, leaving less room for multiple expansion.
Growth drivers
- Grid modernization and data-center power infrastructure investment
- Aerospace aftermarket recovery and defense spending growth
- Vehicle electrification and hybrid drivetrain adoption
Key risks
- Valuation leaves limited margin of safety if growth disappoints
- Cyclical exposure in vehicle and industrial end markets
- Competitive pressure from global electrical and industrial peers
ETN vs Peers
Eaton competes with several large global industrial and electrical companies, each with a distinct geographic or product focus.
Schneider Electric focuses heavily on energy management software and automation, giving it a stronger digital-services layer compared to Eaton's more hardware-centric portfolio.
Siemens operates across a broader industrial and technology footprint, including factory automation and smart infrastructure, making it a more diversified but also more complex competitor.
Parker-Hannifin specializes in motion and control technologies, overlapping with Eaton in aerospace and industrial hydraulics while maintaining a narrower focus on fluid power systems.
Frequently Asked Questions
What does Eaton Corporation do?
Eaton is a power management company that designs and manufactures electrical components, aerospace hydraulic systems, and vehicle drivetrain technologies. It serves utilities, data centers, aircraft manufacturers, and commercial vehicle OEMs across more than 170 countries. The company's goal is to help customers use electrical and mechanical power more safely and efficiently.
Does ETN pay dividends?
Yes, Eaton pays a regular dividend. The company has a long history of returning capital to shareholders through consistent dividend payments, supported by its diversified revenue base and steady cash generation. Investors seeking income alongside industrial exposure often include ETN in dividend-focused portfolios.
When does ETN report earnings?
Eaton reports earnings on a quarterly cadence, in line with standard practice for US-listed companies. Specific dates shift each quarter, so investors should check Eaton's official investor relations page for the most current earnings calendar and guidance updates.
Is ETN a good stock to buy?
UQS Score rates ETN as Good overall, with Good ratings across Quality, Growth, and Risk pillars. The Moat and Valuation pillars are both Neutral, meaning competitive advantages exist but are not exceptional, and the stock does not appear deeply discounted. Whether ETN fits your portfolio depends on your own risk tolerance and investment goals — the full pillar breakdown is available to Pro members.
Is ETN overvalued?
ETN's Valuation pillar is rated Neutral by UQS, indicating the stock is neither clearly cheap nor obviously expensive relative to its fundamentals. The market appears to have priced in a significant portion of Eaton's growth outlook. Investors looking for a margin of safety may want to review the complete valuation metrics available in the Pro analysis.
How does ETN compare to its competitors?
Eaton competes with Schneider Electric, Siemens, and Parker-Hannifin across electrical, industrial, and aerospace markets. Compared to Schneider, Eaton is more hardware-focused. Versus Siemens, Eaton is more concentrated on power management. Parker-Hannifin overlaps most directly in aerospace hydraulics. UQS Score comparisons for each competitor are shown on their respective pages.
What is ETN's market cap bracket?
Eaton Corporation is classified as a large-cap company. This places it among the more established and widely followed names in the industrials sector, typically associated with greater liquidity and institutional ownership compared to mid- or small-cap peers.
Who founded Eaton Corporation?
Eaton's origins trace back to Joseph O. Eaton, who founded the company in the early twentieth century as a truck axle manufacturer. Over more than a century, the company evolved through acquisitions and divestitures into the diversified power management business it is today. Full founding history is widely available through public sources.
Is ETN a long-term quality stock?
From a quality-indicator perspective, ETN's Good ratings across Quality, Growth, and Risk pillars suggest the business has characteristics often associated with durable long-term performance — consistent earnings, manageable risk, and exposure to secular growth themes like grid modernization. The Neutral Moat rating is worth monitoring, as competitive positioning will influence long-run returns. Pro members can view the complete analysis.
What is the main competitive advantage of Eaton Corporation?
Eaton's competitive position rests on its diversified end-market exposure, deep engineering expertise across electrical and mechanical systems, and long-standing customer relationships in regulated industries like aerospace and utilities. These factors create switching costs and recurring aftermarket revenue streams, though UQS rates the overall Moat as Neutral, reflecting meaningful but not dominant competitive barriers.
What sector does ETN belong to?
Eaton Corporation is classified in the Industrials sector. Within that broad category, it operates at the intersection of electrical equipment, aerospace components, and vehicle technologies — giving it exposure to both infrastructure spending cycles and longer-term electrification trends. Explore other [top industrials stocks](/sector/industrials) rated by UQS Score.
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Pro Analysis
ETN — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 23, 2026 | 59.3 | 72.3 | 48.0 | 75.2 | 44.6 | 49.9 | 0.0 |
| May 22, 2026 | 59.3 | 72.3 | 48.0 | 75.2 | 44.6 | 50.0 | -3.6 |
| May 7, 2026 | 62.9 | 76.4 | 48.0 | 75.2 | 63.8 | 48.1 | 0.0 |
| May 3, 2026 | 62.9 | 76.4 | 48.0 | 75.2 | 63.8 | 47.7 | 0.0 |
| Apr 26, 2026 | 62.9 | 76.4 | 48.0 | 75.2 | 63.8 | 47.9 | -0.2 |
| Apr 25, 2026 | 63.1 | 76.4 | 48.0 | 75.2 | 63.8 | 49.5 | -0.2 |
| Apr 23, 2026 | 63.3 | 76.5 | 48.0 | 75.2 | 63.8 | 50.1 | -0.1 |
| Apr 21, 2026 | 63.4 | 76.6 | 48.0 | 75.2 | 63.8 | 50.7 | 0.0 |
| Apr 18, 2026 | 63.4 | 76.7 | 48.0 | 75.2 | 63.8 | 50.7 | -1.5 |
| Apr 14, 2026 | 64.9 | 76.7 | 48.0 | 75.2 | 63.8 | 60.5 | 0.0 |
ETN — Pillar Breakdown
Quality
— 72.3/100 (25%)Eaton Corporation plc shows solid profitability with healthy returns on capital and reasonable margins.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 75.2/100 (20%)Eaton Corporation plc is growing rapidly with strong revenue and earnings expansion.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 44.6/100 (15%)Eaton Corporation plc has some risk factors including moderate leverage or solvency concerns.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 49.9/100 (15%)Eaton Corporation plc has a mixed valuation — some metrics suggest fair value while others appear stretched.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 48/100 (25%)Eaton Corporation plc possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for ETN.
Score Composition
Financial Data
More Stock Analysis
How is the ETN UQS Score Calculated?
The UQS (Unified Quality Score) for Eaton Corporation plc is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Eaton Corporation plc's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Eaton Corporation plc is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.