Eaton Corporation PLC (ETN · NYSE)
ETN · MARKET VIEW
Market view · as of Oct 12, 2026
Price (last ~year)
Eaton (ETN, NYSE) reported Q2 2026 revenue of $8.53B, up from $7.45B in Q1, and beat EPS estimates for the fourth consecutive quarter ($3.15 vs. $3.08), though earnings fell 15.9% year over year against 21.4% revenue growth. The EU Commission approved the sale of Eaton's mobility business to Dana Incorporated, and shares rose 1.21% on the most recent session to $429.65, up 8.7% over three months and 10.0% above the 200-day SMA. Valuation is elevated at a 43.71 P/E, 8.41 P/B, and 29.62 EV/EBITDA, with leverage at 3.2x debt/EBITDA and quarterly free cash flow of $874.0M against $483.0M in cash. The stock sits at the 79.3rd percentile of its 52-week range, 6.6% below its high, with RSI at 46 and volume at 0.8x the 20-day average.
Valuation
- Market cap
- $166.88B
- P/E
- 43.71
- PEG
- 2.666
- P/B
- 8.41
- P/S
- 5.56
- EV/EBITDA
- 29.62
- Beta
- 1.128
- Analyst target
- $482.89
Quality & returns
- Gross margin
- 36.0%
- Operating margin
- 16.6%
- Profit margin
- 12.8%
- ROE
- 19.7%
- ROA
- 7.0%
Price movement
- Last
- $429.65
- 1-month
- +1.0%
- 3-month
- +8.7%
- RSI (14)
- 46
- vs SMA200
- +10.0%
- 52-wk position
- 79.3% -6.6% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-06-30 | $8.53B | $1.39B | $821.0M | $1.74B |
| 2026-03-31 | $7.45B | $1.17B | $866.0M | $1.49B |
| 2025-12-31 | $7.05B | $1.38B | $1.13B | $1.63B |
| 2025-09-30 | $6.99B | $1.37B | $1.01B | $1.60B |
Recent news
- Somewhat-Bullish RFG Bristol Wealth Advisors LLC Buys 4,509 Shares of AMETEK, Inc. $AME · 2026-10-09
- Neutral EU Commission greenlights acquisition of Eaton’s mobility business by Dana · 2026-10-09
- Somewhat-Bullish AMETEK stock costs EUR 222.30 with USD 57.0 billion market value · 2026-10-09
- Bullish Eaton Corp. PLC stock outperforms competitors on strong trading day · 2026-10-09
- Bullish Eaton's Diversified Global Network Supports Growth and Resilience · 2026-10-09
- Bullish Eaton's Diversified Global Network Supports Growth and Resilience · 2026-10-09
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)