Eaton Corporation, PLC

ETN Industrials Specialty Industrial Machinery

Eaton Corporation, PLC’s revenue for fiscal 2025 (year ended December 2025) was $27.4 billion, up 10.3% from fiscal 2024. In the quarter to June 2026, revenue grew 21.4%, EPS fell 16.3%, free cash flow grew 21.5% and total debt rose 87.4%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for three; insiders bought in the last twelve months.

391.25 11.23 −2.79%
Market cap
$156.3B
P/E
39.7×
Fwd P/E
34.3×
Dividend yield
1.11%
F-score
7/9
Altman Z
4.95
Beneish M
−2.37
Dividend safety
86/100

Eaton Corporation, PLC (ETN) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, Eaton Corporation, PLC (ETN) trades at a EV/EBITDA of 26.1×. Over the past ten years it has ranged from 8.5× (March 2020) to 30.2× (August 2026); the current reading is higher than 90% of that period. That is above the Specialty Industrial Machinery industry median of 15.4× and above the Industrials sector median of 12.6×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2025 21.4× (14.34%)
FY2024 25.0× 18.09%
FY2023 21.2× 18.47%
FY2022 17.9× (21.23%)
FY2021 22.7× 8.30%
FY2020 21.0× 66.66%
FY2019 12.6× 23.99%
FY2018 10.2× (15.97%)
FY2017 12.1× 0.80%
FY2016 12.0× 22.80%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 28.2× 12.08%
Mar 2026 25.2× 17.38%
Dec 2025 21.4× (16.44%)
Sep 2025 25.7× 1.08%
42 more quarters

Against its own ten years

Low 8.5× High 30.2×
Ten-year median 17.2×
Current reading's percentile 90

EV/EBITDA against peers

Company EV/EBITDA
CMI Cummins Inc. compare 15.2×
EMR Emerson Electric Co. compare 16.4×
IR Ingersoll Rand Inc. compare 17.1×
ITW Illinois Tool Works Inc. compare 18.2×
PH Parker-Hannifin Corporation compare 23.0×
AME AMETEK, Inc. compare 23.8×
ROK Rockwell Automation, Inc. compare 24.7×
ETN Eaton Corporation, PLC 26.1×
GEV GE Vernova Inc. compare 78.6×
Specialty Industrial Machinery industry median 15.4×
Industrials sector median 12.6×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

More on ETN