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Eaton Corporation ETN
$ 402.78 0.26%
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Quarterly report 2026-Q2
added 07-31-2026

Eaton Corporation Financial Ratios 2025-2009 | ETN

Brief overview of Eaton Corporation's valuation multiples

Ratios are assessed across five available annual reports in the 2021–2025 interval.

Market valuation is represented by P/E 35.66x (median 30.42x), EV/EBITDA 66.27x (median 13.14x), P/S 5.31x (median 4.64x). The combined multiple level is about 17.2% above the company's historical norm, leaving less valuation cushion.

Current earnings relative to valuation equal about 2.8% on the 1/P/E measure. This is a valuation reference, not an expected payout.

The latest available business-quality ratios are ROE 21%, ROA 9.9%, ROCE 10.3%. Returns on capital and assets point to efficient economics and a strong internal source of growth.

On PEG (6.83x), valuation is stretched relative to growth and requires strong execution.

The time from paying for inputs to receiving cash rose from 61.7 days to 78.3 days. Cash turnover slowed.

What the ratios show

Eaton Corporation's business looks strong while multiples exceed historical reference points. Investors are pricing in continued momentum.

Annual Financial Ratios Eaton Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009

P/E

35.7 30.4 35.8 27.9 28.7 36.4 18.4 14.8 12.6 16.7 11.9 16.7 18.8 16.3 12.4 12.3 -

P/S

5.3 4.6 5.0 3.3 3.1 2.9 1.9 1.5 1.8 1.6 1.1 1.3 1.6 1.2 1.0 - -

EPS

10.5 9.5 8.1 6.2 5.4 3.5 5.3 4.9 6.7 4.2 4.2 3.8 3.9 3.5 4.0 2.8 -

EV (Enterprise Value)

145 B 115 B 115 B 68.5 B 61.2 B 50.9 B 57 B 46.3 B 52.4 B 47 B 39 B 46.8 B 52.7 B 40 B 26.8 B 11.1 B -340 M

EBITDA per Share

2.58 2.32 2.32 2.39 2.31 2.02 8.94 8.91 7.68 6.99 7.02 7.24 6.64 6.12 6.47 6.71 -

EV/EBITDA

144.2 124.7 124.0 71.8 66.3 20.7 13.0 10.1 13.1 12.5 9.7 11.1 13.9 14.1 9.0 4.9 -

PEG

6.83 -2.43 -2.88 -3.23 -3.89 -3.53 2.6 -0.56 0.21 -23.61 0.96 -4.37 1.71 -1.47 0.28 - -

P/B

3.5 3.0 3.0 2.0 1.8 1.6 2.5 2.0 2.2 2.1 1.5 1.9 2.1 1.3 2.2 0.7 -

P/CF

32.6 26.7 31.8 27.2 28.4 17.4 14.2 15.1 17.6 15.6 12.6 24.0 20.9 18.5 24.7 8.9 -

ROE %

21.04 20.52 16.90 14.45 13.03 9.42 13.70 13.29 17.26 12.86 12.99 11.32 11.04 8.04 18.02 12.55 -

ROA %

9.91 9.89 8.37 7.03 6.30 4.43 6.74 6.90 9.15 6.32 6.38 5.35 5.24 3.39 7.55 5.38 -

ROCE %

- - - - - - 10.35 11.43 9.07 9.04 8.87 8.69 7.02 5.03 11.47 22.96 -

Current Ratio

- - - - - - 1.7 1.5 1.6 1.3 1.4 1.5 1.8 1.4 1.6 - -

DSO

66.5 66.7 67.3 64.8 57.7 64.8 58.6 65.2 70.5 65.8 60.9 59.3 60.4 78.5 55.6 - -

DIO

95.3 94.6 88.6 84.2 69.7 72.3 71.4 70.1 69.5 61.4 59.3 56.6 56.6 74.9 55.1 - -

DPO

83.6 83.6 79.6 77.3 65.7 60.3 53.8 53.6 57.5 46.8 44.9 45.3 46.5 59.9 48.3 - -

Operating Cycle

161.8 161.3 155.9 149.1 127.4 137.1 130.1 135.2 140.1 127.2 120.2 116.0 117.0 153.4 110.7 - -

Cash Conversion Cycle

78.3 77.7 76.3 71.8 61.7 76.8 76.2 81.6 82.6 80.4 75.3 70.7 70.4 93.5 62.4 - -

All numbers in USD currency

Quarterly Financial Ratios Eaton Corporation

2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

EPS

2.11 2.23 - 2.6 2.52 2.46 - 2.54 2.49 2.05 - 2.23 1.86 1.6 - 1.52 1.51 1.33 - 1.58 1.27 1.15 - 1.11 0.13 1.07 - 1.44 1.51 1.23 - 0.96 1.4 1.11 - 3.16 1.16 0.97 - 1.15 1.07 0.88 - 0.96 1.14 1 - 1.27 0.36 0.92 - 1.08 1.04 0.8 - 1.02 1.13 0.93 - - - -

EBITDA per Share

1.73 - - - - - - - - - - - - - - 0.31 0.31 0.61 - 1.71 - 0.52 - 1.51 0.99 0.49 - 1.6 1.05 0.52 - 1.57 1.05 0.52 - 1.55 1.02 0.5 - 1.54 1.02 0.51 - 1.49 0.98 0.48 - 1.56 1.05 0.52 - 3.35 2.81 2.05 - 2.93 2.58 2.04 - - - -

ROE %

19.08 20.23 15.84 21.10 20.90 19.87 14.67 19.51 18.38 16.87 12.62 16.39 15.22 14.28 10.63 14.56 14.06 13.46 10.26 13.24 9.66 9.32 6.26 10.00 10.97 13.87 10.94 13.52 13.57 12.65 9.40 17.52 17.93 16.66 13.63 17.14 12.31 12.03 9.52 12.46 12.47 12.24 9.53 13.34 11.49 10.75 7.68 10.74 9.89 11.07 8.28 10.58 10.05 9.15 6.89 2.30 2.53 2.06 - - - -

ROA %

7.94 8.94 7.37 9.94 9.98 9.68 7.22 9.61 9.06 8.34 6.21 7.98 7.10 6.92 5.12 6.50 4.73 6.08 4.56 5.97 4.28 4.28 2.94 4.77 5.31 6.74 5.36 6.70 6.83 6.46 4.87 9.16 9.41 8.78 7.21 8.93 6.25 5.99 4.66 6.10 6.11 6.00 4.67 6.46 5.53 5.12 3.61 5.06 4.67 5.23 3.92 4.90 4.51 3.97 2.90 0.98 1.05 0.87 - - - -

ROCE %

7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 7.90 9.81 8.96 7.99 5.62 1.90 1.92 1.79 - - - -

DSO

69.7 72.0 - 72.1 68.7 69.5 - 70.1 68.5 70.2 - 68.7 67.2 69.2 - 32.8 32.1 65.6 - 62.4 56.0 58.0 - 58.5 68.7 60.4 - 59.0 56.7 62.7 - 65.0 64.2 67.8 - 69.0 70.1 70.6 - 65.1 64.0 66.7 - 61.0 59.1 62.4 - 58.4 58.0 60.8 - 59.4 59.4 61.2 - 81.1 78.7 68.6 - - - -

DIO

84.9 93.8 - 97.3 92.4 100.1 - 95.3 90.7 93.2 - 91.4 88.6 89.2 - 44.1 43.2 87.7 - 74.8 65.2 64.6 - 63.1 66.9 67.9 - 72.9 69.2 71.4 - 70.7 69.2 69.0 - 69.0 69.3 68.5 - 61.0 60.1 63.4 - 58.9 57.7 60.3 - 56.6 55.0 56.9 - 56.0 56.2 57.6 - 77.7 76.0 67.1 - - - -

DPO

83.0 86.3 - 80.3 76.4 85.1 - 83.2 79.9 82.9 - 79.8 76.8 78.5 - 37.8 37.3 79.0 - 69.4 59.9 59.6 - 59.4 63.0 56.7 - 54.9 52.2 54.2 - 54.0 53.0 54.9 - 57.0 57.3 53.6 - 46.5 45.8 48.1 - 44.6 43.6 47.0 - 45.2 44.0 46.1 - 46.1 46.2 46.9 - 62.4 60.9 55.8 - - - -

Operating Cycle

- 165.8 - 169.3 161.1 169.6 - 165.3 159.2 163.4 - 160.2 155.8 158.4 - 76.9 75.3 153.3 - 137.2 121.2 122.6 - 121.6 135.6 128.3 - 131.9 125.9 134.1 - 135.7 133.4 136.8 - 138.0 139.4 139.1 - 126.1 124.0 130.1 - 119.9 116.8 122.8 - 115.0 113.1 117.7 - 115.3 115.6 118.8 - 158.8 154.7 135.7 - - - -

Cash Conversion Cycle

- 79.5 - 89.1 84.7 84.4 - 82.2 79.3 80.5 - 80.3 78.9 79.9 - 39.1 38.0 74.3 - 67.8 61.3 63.0 - 62.2 72.6 71.6 - 77.0 73.7 79.9 - 81.7 80.4 81.9 - 81.0 82.1 85.5 - 79.6 78.2 82.0 - 75.3 73.1 75.8 - 69.8 69.1 71.5 - 69.3 69.4 71.9 - 96.4 93.8 79.9 - - - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company Eaton Corporation, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

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