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Eaton Corporation PLC Stock Research

ETN

171.34USD+2.25(+1.33%)Market Closed

Market Summary

USD171.34+2.25
Market Closed
1.33%

ETN Alerts

ETN Stock Price

ETN RSI Chart

ETN Valuation

Market Cap

68.2B

Price/Earnings (Trailing)

27.68

Price/Sales (Trailing)

3.28

EV/EBITDA

20.47

Price/Free Cashflow

35.22

ETN Price/Sales (Trailing)

ETN Profitability

Operating Margin

33.19%

EBT Margin

14.03%

Return on Equity

14.45%

Return on Assets

7.03%

Free Cashflow Yield

2.84%

ETN Fundamentals

ETN Revenue

Revenue (TTM)

20.8B

Revenue Y/Y

12.21%

Revenue Q/Q

1.34%

ETN Earnings

Earnings (TTM)

2.5B

Earnings Y/Y

30.85%

Earnings Q/Q

18.78%

Price Action

52 Week Range

121.21178.75
(Low)(High)

Last 7 days

4.7%

Last 30 days

-0.9%

Last 90 days

9.2%

Trailing 12 Months

14.8%

ETN Financial Health

Current Ratio

1.38

Debt/Equity

0.49

Debt/Cashflow

0.3

ETN Investor Care

Dividend Yield

1.89%

Dividend/Share (TTM)

3.24

Buy Backs (1Y)

0.25%

Diluted EPS (TTM)

6.14

Peers (Alternatives to Eaton Corporation)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
68.2B
20.8B
-0.95% 14.76%
27.68
3.28
5.73% 14.83%
49.8B
18.5B
4.91% -9.53%
10.67
2.69
7.53% 69.43%
33.4B
6.2B
2.78% 9.88%
28.76
5.42
10.89% 17.12%
MID-CAP
6.8B
4.6B
-8.65% -63.66%
17.1
1.5
22.14% -27.43%
6.8B
701.4M
-17.52% -59.04%
-9.36
9.66
39.63% -57.41%
5.9B
4.1B
-5.37% -3.32%
15.9
1.45
13.43% 11.07%
3.7B
1.2B
-9.00% -17.47%
-11.8
3.1
23.34% -62.95%
SMALL-CAP
1.2B
1.3B
-13.06% -49.48%
3.26
0.97
-4.80% -1.38%
1.2B
135.8M
-13.11% -50.52%
-9.58
8.52
56.94% -26.12%
834.7M
420.7M
-7.94% 53.83%
24.09
1.98
28.88% 234.59%
505.1M
552.9M
-4.91% 125.98%
28.46
0.91
17.49% 1058.67%
137.3M
182.7M
-8.40% -35.48%
-2.9
0.75
9.22% -28.57%
61.7M
315.3K
-12.92% 18.75%
-9.18
195.69
34.63% -49.82%
33.9M
21.0M
23.94% -37.81%
-5.67
1.62
4.02% -295.57%

Financials for Eaton Corporation

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue2.9%20,75220,16619,77619,77919,628
Cost Of Revenue2.4%13,86513,54513,33813,37813,293
  S&GA Expenses1.4%3,2273,1823,2033,2513,256
  R&D Expenses0.8%665660647633616
EBITDA6.1%3,7213,5063,9093,797-
EBITDA Margin3.1%0.18*0.17*0.19*0.19*-
Earnings Before Taxes8.5%2,9112,6843,0772,9772,896
EBT Margin5.4%0.14*0.13*0.15*0.15*-
Interest Expenses-9.1%-144-132-132-138-144
Net Income7.4%2,4622,2922,3142,2192,144
Net Income Margin4.4%0.12*0.11*0.11*0.11*-
Free Cahsflow21.7%1,9351,5901,0911,374-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets1.9%35,01434,36435,15335,20834,027
  Current Assets2.4%8,7468,5408,6878,1947,511
    Cash Equivalents27.3%294231364237297
  Inventory0.1%3,4303,4283,4453,3172,969
  Net PPE6.0%3,1462,9673,0433,0983,064
  Goodwill2.2%14,79614,4791,26497614,751
  Current Liabilities-4.4%6,3606,6538,9748,2567,212
.    Short Term Borrowings-64.1%3249031,3921,11613.00
  Long Term Debt3.0%8,3218,0826,2776,7636,831
Shareholder's Equity6.0%17,03816,06816,41616,65616,413
  Retained Earnings4.9%8,4688,0707,8867,7077,594
  Additional Paid-In Capital0.3%12,51212,47812,45212,42712,449
Accumulated Depreciation3.5%4,8674,7024,7684,8324,754
Shares Outstanding0.0%398398398399399
Minority Interest8.6%38.0035.0036.0036.0038.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations18.3%2,5332,1421,6481,9452,163
Cashflow From Investing-13.3%-1,200-1,0591,897-325-1,764
Cashflow From Financing-16.9%-1,340-1,146-3,496-1,758-535
  Dividend Payments1.5%1,2991,2801,2601,2391,219
  Buy Backs0%286286232149122

Risks for ETN

What is the probability of a big loss on ETN?

48.9%


Probability that Eaton Corporation stock will be more than 20% underwater in next one year

18.5%


Probability that Eaton Corporation stock will be more than 30% underwater in next one year.

0%


Probability that Eaton Corporation stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ETN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Eaton Corporation was unfortunately bought at previous high price.

Drawdowns

Returns for ETN

Cumulative Returns on ETN

14.3%


10-Year Cumulative Returns

18.7%


7-Year Cumulative Returns

19.9%


5-Year Cumulative Returns

33.4%


3-Year Cumulative Returns

What are the long-term rolling returns for ETN?

FIve years rolling returns for Eaton Corporation.

Annualized Returns

Which funds bought or sold ETN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-29
Diametric Capital, LP
added
91.77
653,515
1,173,520
0.56%
2023-03-17
American Portfolios Advisors
reduced
-10.78
-35,885
608,076
0.03%
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-4.47
335,460
3,046,460
0.09%
2023-03-10
MATHER GROUP, LLC.
reduced
-3.74
55,204
473,204
0.01%
2023-03-10
BAILLIE GIFFORD & CO
new
-
227,905,000
227,905,000
0.24%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
3.26
13,992,400
78,983,400
0.09%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-2.58
6,114,000
47,859,000
0.24%
2023-03-03
TIAA, FSB
added
780
14,549,000
16,104,000
0.06%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
added
1.95
3,662
24,662
0.01%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
2,040
2,040
-%

1–10 of 47

Latest Funds Activity

Are funds buying ETN calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own ETN
No. of Funds

Eaton Corporation News

Nasdaq

Guru Fundamental Report for ETN.

Nasdaq,
4 days ago

London South East

Yahoo Finance

Seeking Alpha

Business Wire

Schedule 13G FIlings of Eaton Corporation

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
9.04%
35,936,239
SC 13G/A
Feb 07, 2023
blackrock inc.
7.1%
28,360,383
SC 13G/A
Jan 20, 2023
jpmorgan chase & co
5.3%
21,394,304
SC 13G/A
Feb 09, 2022
vanguard group inc
8.54%
34,026,467
SC 13G/A
Feb 03, 2022
blackrock inc.
6.7%
26,509,696
SC 13G/A
Jan 10, 2022
jpmorgan chase & co
6.4%
25,612,519
SC 13G/A
Feb 10, 2021
vanguard group inc
7.70%
30,710,385
SC 13G/A
Jan 29, 2021
blackrock inc.
7.5%
30,043,948
SC 13G/A
Jan 11, 2021
jpmorgan chase & co
5.9%
23,650,086
SC 13G
Feb 12, 2020
vanguard group inc
7.99%
33,033,939
SC 13G/A

ETN Fair Value

Eaton Corporation fair value in different scenarios

The table shows the Fair Value estimates for Eaton Corporation for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

46.09

-73.10%

55.35

-67.70%

67.53

-60.59%

91.94

-46.34%

120.28

-29.80%
Current Inflation

43.39

-74.68%

51.83

-69.75%

60.90

-64.46%

81.48

-52.45%

104.93

-38.76%
Very High Inflation

39.92

-76.70%

47.35

-72.36%

52.94

-69.10%

69.19

-59.62%

87.26

-49.07%

Historical Eaton Corporation Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Eaton Corporation

View All Filings
Date Filed Form Type Document
Mar 17, 2023
ARS
ARS
Mar 17, 2023
DEF 14A
DEF 14A
Mar 17, 2023
DEFA14A
DEFA14A
Mar 10, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading
Mar 08, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 27, 2023
4
Insider Trading

Latest Insider Trading transactions for ETN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-09
Faria Joao V
sold
-445,650
178
-2,500
see remarks below.
2023-03-08
Faria Joao V
sold
-441,762
176
-2,500
see remarks below.
2023-03-07
Faria Joao V
sold
-440,948
176
-2,500
see remarks below.
2023-03-03
BRICKHOUSE BRIAN S
acquired
99,977
98.21
1,018
see remarks below.
2023-03-03
BRICKHOUSE BRIAN S
sold (taxes)
-99,925
176
-565
see remarks below.
2023-03-03
BRICKHOUSE BRIAN S
sold
-3,777,890
176
-21,347
see remarks below.
2023-02-27
Szmagala Taras G. Jr.
sold
-249,842
174
-1,430
see remarks below.
2023-02-27
Faria Joao V
sold
-908,358
174
-5,204
see remarks below.
2023-02-27
Faria Joao V
acquired
611,063
98.21
6,222
see remarks below.
2023-02-27
Szmagala Taras G. Jr.
gifted
-
-
-414
see remarks below.

1–10 of 50

Craig Arnold
65535
Eaton Corporation plc operates as a power management company worldwide. The company's Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems. Its Aerospace segment offers pumps, motors, hydraulic power units, hoses and fittings, and electro-hydraulic pumps; valves, cylinders, electronic controls, electromechanical actuators, sensors, aircraft flap and slat systems, and nose wheel steering systems; hose, thermoplastic tubing products, fittings, adapters, couplings, and sealing and ducting products; air-to-air refueling systems, fuel pumps, fuel inerting products, sensors, valves, and adapters and regulators; oxygen generation system, payload carriages, and thermal management products; and wiring connectors and cables, as well as hydraulic and bag filters, strainers and cartridges, and golf grips for manufacturers of commercial and military aircraft, and related after-market customers, as well as industrial applications. The company's Vehicle segment offers transmissions, clutches, hybrid power systems, superchargers, engine valves and valve actuation systems, locking and limited slip differentials, transmission controls, and fuel vapor components for the vehicle industry. Its eMobility segment provides voltage inverters, converters, fuses, onboard chargers, circuit protection units, vehicle controls, power distribution systems, fuel tank isolation valves, and commercial vehicle hybrid systems. Eaton Corporation plc was founded in 1911 and is based in Dublin, Ireland.

ETN Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Net sales$ 20,752$ 19,628$ 17,858
Cost of products sold13,86513,29312,408
Selling and administrative expense3,2273,2563,075
Research and development expense665616551
Interest expense - net144144149
Gain on sale of businesses24617221
Other expense (income) - net(36)40150
Income before income taxes2,9112,8961,746
Income tax expense445750331
Net income2,4652,1461,415
Less net income for noncontrolling interests(4)(2)(5)
Net income attributable to Eaton ordinary shareholders$ 2,462$ 2,144$ 1,410
Net income per share attributable to Eaton ordinary shareholders   
Diluted (USD per share)$ 6.14$ 5.34$ 3.49
Basic (USD per share)$ 6.17$ 5.38$ 3.51
Weighted-average number of ordinary shares outstanding   
Diluted (shares)400.8401.6404.0
Basic (shares)398.7398.7402.2
Cash dividends declared per ordinary share (USD per share)$ 3.24$ 3.04$ 2.92

ETN Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets  
Cash$ 294$ 297
Short-term investments261271
Accounts receivable - net4,0763,297
Inventory3,4302,969
Prepaid expenses and other current assets685677
Total current assets8,7467,511
Property, plant and equipment  
Land and buildings2,1292,227
Machinery and equipment5,8855,591
Gross property, plant and equipment8,0137,818
Accumulated depreciation(4,867)(4,754)
Net property, plant and equipment3,1463,064
Other noncurrent assets  
Goodwill14,79614,751
Other intangible assets5,4855,855
Operating lease assets570442
Deferred income taxes330392
Other assets1,9402,012
Total assets35,01434,027
Current liabilities  
Short-term debt32413
Current portion of long-term debt101,735
Accounts payable3,0722,797
Accrued compensation467501
Other current liabilities2,4882,166
Total current liabilities6,3607,212
Noncurrent liabilities  
Long-term debt8,3216,831
Pension liabilities649872
Other postretirement benefits liabilities177263
Operating lease liabilities459337
Deferred income taxes530559
Other noncurrent liabilities1,4441,502
Total noncurrent liabilities11,58010,364
Shareholders’ equity  
Ordinary shares (397.8 million outstanding in 2022 and 398.8 million in 2021)44
Capital in excess of par value12,51212,449
Retained earnings8,4687,594
Accumulated other comprehensive loss(3,946)(3,633)
Shares held in trust(1)(1)
Total Eaton shareholders’ equity17,03816,413
Noncontrolling interests3838
Total equity17,07516,451
Total liabilities and equity$ 35,014$ 34,027