
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Eaton Corporation's business looks strong while multiples exceed historical reference points.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.