Market Summary
USD171.34+2.25
Market Closed1.33%
ETN Alerts
ETN Stock Price
ETN RSI Chart
ETN Valuation
ETN Price/Sales (Trailing)
ETN Profitability
ETN Fundamentals
ETN Revenue
ETN Earnings
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
ETN Investor Care
Peers (Alternatives to Eaton Corporation)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
ETN | 68.2B | 20.8B | -0.95% | 14.76% | 27.68 | 3.28 | 5.73% | 14.83% |
EMR | 49.8B | 18.5B | 4.91% | -9.53% | 10.67 | 2.69 | 7.53% | 69.43% |
AME | 33.4B | 6.2B | 2.78% | 9.88% | 28.76 | 5.42 | 10.89% | 17.12% |
| MID-CAP | ||||||||
GNRC | 6.8B | 4.6B | -8.65% | -63.66% | 17.1 | 1.5 | 22.14% | -27.43% |
PLUG | 6.8B | 701.4M | -17.52% | -59.04% | -9.36 | 9.66 | 39.63% | -57.41% |
AYI | 5.9B | 4.1B | -5.37% | -3.32% | 15.9 | 1.45 | 13.43% | 11.07% |
BE | 3.7B | 1.2B | -9.00% | -17.47% | -11.8 | 3.1 | 23.34% | -62.95% |
| SMALL-CAP | ||||||||
EAF | 1.2B | 1.3B | -13.06% | -49.48% | 3.26 | 0.97 | -4.80% | -1.38% |
FCEL | 1.2B | 135.8M | -13.11% | -50.52% | -9.58 | 8.52 | 56.94% | -26.12% |
THR | 834.7M | 420.7M | -7.94% | 53.83% | 24.09 | 1.98 | 28.88% | 234.59% |
POWL | 505.1M | 552.9M | -4.91% | 125.98% | 28.46 | 0.91 | 17.49% | 1058.67% |
AMSC | 137.3M | 182.7M | -8.40% | -35.48% | -2.9 | 0.75 | 9.22% | -28.57% |
IPWR | 61.7M | 315.3K | -12.92% | 18.75% | -9.18 | 195.69 | 34.63% | -49.82% |
PPSI | 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) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 2.9% | 20,752 | 20,166 | 19,776 | 19,779 | 19,628 |
| Cost Of Revenue | 2.4% | 13,865 | 13,545 | 13,338 | 13,378 | 13,293 |
| S&GA Expenses | 1.4% | 3,227 | 3,182 | 3,203 | 3,251 | 3,256 |
| R&D Expenses | 0.8% | 665 | 660 | 647 | 633 | 616 |
| EBITDA | 6.1% | 3,721 | 3,506 | 3,909 | 3,797 | - |
| EBITDA Margin | 3.1% | 0.18* | 0.17* | 0.19* | 0.19* | - |
| Earnings Before Taxes | 8.5% | 2,911 | 2,684 | 3,077 | 2,977 | 2,896 |
| EBT Margin | 5.4% | 0.14* | 0.13* | 0.15* | 0.15* | - |
| Interest Expenses | -9.1% | -144 | -132 | -132 | -138 | -144 |
| Net Income | 7.4% | 2,462 | 2,292 | 2,314 | 2,219 | 2,144 |
| Net Income Margin | 4.4% | 0.12* | 0.11* | 0.11* | 0.11* | - |
| Free Cahsflow | 21.7% | 1,935 | 1,590 | 1,091 | 1,374 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 1.9% | 35,014 | 34,364 | 35,153 | 35,208 | 34,027 |
| Current Assets | 2.4% | 8,746 | 8,540 | 8,687 | 8,194 | 7,511 |
| Cash Equivalents | 27.3% | 294 | 231 | 364 | 237 | 297 |
| Inventory | 0.1% | 3,430 | 3,428 | 3,445 | 3,317 | 2,969 |
| Net PPE | 6.0% | 3,146 | 2,967 | 3,043 | 3,098 | 3,064 |
| Goodwill | 2.2% | 14,796 | 14,479 | 1,264 | 976 | 14,751 |
| Current Liabilities | -4.4% | 6,360 | 6,653 | 8,974 | 8,256 | 7,212 |
| . Short Term Borrowings | -64.1% | 324 | 903 | 1,392 | 1,116 | 13.00 |
| Long Term Debt | 3.0% | 8,321 | 8,082 | 6,277 | 6,763 | 6,831 |
| Shareholder's Equity | 6.0% | 17,038 | 16,068 | 16,416 | 16,656 | 16,413 |
| Retained Earnings | 4.9% | 8,468 | 8,070 | 7,886 | 7,707 | 7,594 |
| Additional Paid-In Capital | 0.3% | 12,512 | 12,478 | 12,452 | 12,427 | 12,449 |
| Accumulated Depreciation | 3.5% | 4,867 | 4,702 | 4,768 | 4,832 | 4,754 |
| Shares Outstanding | 0.0% | 398 | 398 | 398 | 399 | 399 |
| Minority Interest | 8.6% | 38.00 | 35.00 | 36.00 | 36.00 | 38.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 18.3% | 2,533 | 2,142 | 1,648 | 1,945 | 2,163 |
| Cashflow From Investing | -13.3% | -1,200 | -1,059 | 1,897 | -325 | -1,764 |
| Cashflow From Financing | -16.9% | -1,340 | -1,146 | -3,496 | -1,758 | -535 |
| Dividend Payments | 1.5% | 1,299 | 1,280 | 1,260 | 1,239 | 1,219 |
| Buy Backs | 0% | 286 | 286 | 232 | 149 | 122 |
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 ascending | Fund Name | Type | % 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 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
ETN Alerts
Eaton Corporation News
Schedule 13G FIlings of Eaton Corporation
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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 Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very 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 ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
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. |
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
2022-12-31CONSOLIDATED 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 sold | 13,865 | 13,293 | 12,408 |
| Selling and administrative expense | 3,227 | 3,256 | 3,075 |
| Research and development expense | 665 | 616 | 551 |
| Interest expense - net | 144 | 144 | 149 |
| Gain on sale of businesses | 24 | 617 | 221 |
| Other expense (income) - net | (36) | 40 | 150 |
| Income before income taxes | 2,911 | 2,896 | 1,746 |
| Income tax expense | 445 | 750 | 331 |
| Net income | 2,465 | 2,146 | 1,415 |
| 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) | 400.8 | 401.6 | 404.0 |
| Basic (shares) | 398.7 | 398.7 | 402.2 |
| Cash dividends declared per ordinary share (USD per share) | $ 3.24 | $ 3.04 | $ 2.92 |
ETN Balance Sheet
2022-12-31CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current assets | ||
| Cash | $ 294 | $ 297 |
| Short-term investments | 261 | 271 |
| Accounts receivable - net | 4,076 | 3,297 |
| Inventory | 3,430 | 2,969 |
| Prepaid expenses and other current assets | 685 | 677 |
| Total current assets | 8,746 | 7,511 |
| Property, plant and equipment | ||
| Land and buildings | 2,129 | 2,227 |
| Machinery and equipment | 5,885 | 5,591 |
| Gross property, plant and equipment | 8,013 | 7,818 |
| Accumulated depreciation | (4,867) | (4,754) |
| Net property, plant and equipment | 3,146 | 3,064 |
| Other noncurrent assets | ||
| Goodwill | 14,796 | 14,751 |
| Other intangible assets | 5,485 | 5,855 |
| Operating lease assets | 570 | 442 |
| Deferred income taxes | 330 | 392 |
| Other assets | 1,940 | 2,012 |
| Total assets | 35,014 | 34,027 |
| Current liabilities | ||
| Short-term debt | 324 | 13 |
| Current portion of long-term debt | 10 | 1,735 |
| Accounts payable | 3,072 | 2,797 |
| Accrued compensation | 467 | 501 |
| Other current liabilities | 2,488 | 2,166 |
| Total current liabilities | 6,360 | 7,212 |
| Noncurrent liabilities | ||
| Long-term debt | 8,321 | 6,831 |
| Pension liabilities | 649 | 872 |
| Other postretirement benefits liabilities | 177 | 263 |
| Operating lease liabilities | 459 | 337 |
| Deferred income taxes | 530 | 559 |
| Other noncurrent liabilities | 1,444 | 1,502 |
| Total noncurrent liabilities | 11,580 | 10,364 |
| Shareholders’ equity | ||
| Ordinary shares (397.8 million outstanding in 2022 and 398.8 million in 2021) | 4 | 4 |
| Capital in excess of par value | 12,512 | 12,449 |
| Retained earnings | 8,468 | 7,594 |
| Accumulated other comprehensive loss | (3,946) | (3,633) |
| Shares held in trust | (1) | (1) |
| Total Eaton shareholders’ equity | 17,038 | 16,413 |
| Noncontrolling interests | 38 | 38 |
| Total equity | 17,075 | 16,451 |
| Total liabilities and equity | $ 35,014 | $ 34,027 |