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.

Revenue
+28.0%
EPS
+6.79%
Free cash flow
−11.0%
Total debt
+87.1%

Quarter to September 2026, against a year earlier

338.55 11.53 +3.53%
Market cap
$127.1B
P/E
32.6×
Fwd P/E
32.9×
Dividend yield
1.01%
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 5 November 2026, Eaton Corporation, PLC (ETN) trades at a EV/EBITDA of 20.9×. Over the past ten years it has ranged from 8.5× (March 2020) to 30.2× (August 2026); the current reading is higher than 65% of that period. That is above the Specialty Industrial Machinery industry median of 15.2× and above the Industrials sector median of 12.4×.

EV/EBITDA, daily

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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
Sep 2026 26.7× (5.51%)
Jun 2026 28.2× 12.08%
Mar 2026 25.2× 17.38%
Dec 2025 21.4× (16.44%)
43 more quarters

Against its own ten years

Low 8.5× High 30.2×
Ten-year median 17.3×
Current reading's percentile 65

EV/EBITDA against peers

Company EV/EBITDA
CMI Cummins Inc. compare 11.4×
IR Ingersoll Rand Inc. compare 14.6×
EMR Emerson Electric Co. compare 16.5×
ITW Illinois Tool Works Inc. compare 18.6×
ETN Eaton Corporation, PLC 20.9×
ROK Rockwell Automation, Inc. compare 22.2×
AME AMETEK, Inc. compare 22.3×
PH Parker-Hannifin Corporation compare 22.5×
GEV GE Vernova Inc. compare 45.2×
Specialty Industrial Machinery industry median 15.2×
Industrials sector median 12.4×
Market median 10.9×

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 →

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