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) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Eaton Corporation, PLC (ETN) trades at a price to free cash flow of 38.0×. Over the past ten years it has ranged from 8.5× (March 2020) to 50.5× (August 2022); the current reading is higher than 79% of that period. That is above the Specialty Industrial Machinery industry median of 23.3× and above the Industrials sector median of 20.1×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 34.2× (6.64%)
FY2024 36.6× 13.01%
FY2023 32.4× 8.07%
FY2022 30.0× (28.99%)
FY2021 42.2× 124.29%
FY2020 18.8× 35.84%
FY2019 13.9× (2.73%)
FY2018 14.2× (12.78%)
FY2017 16.3× 8.59%
FY2016 15.0× 18.16%

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 41.4× 14.61%
Mar 2026 36.1× 5.64%
Dec 2025 34.2× (20.69%)
Sep 2025 43.1× 3.19%
42 more quarters

Against its own ten years

Low 8.5× High 50.5×
Ten-year median 23.4×
Current reading's percentile 79

Price to free cash flow against peers

Company Price to free cash flow
GEV GE Vernova Inc. compare 19.5×
CMI Cummins Inc. compare 21.8×
IR Ingersoll Rand Inc. compare 24.8×
EMR Emerson Electric Co. compare 26.1×
ITW Illinois Tool Works Inc. compare 26.6×
PH Parker-Hannifin Corporation compare 30.8×
AME AMETEK, Inc. compare 31.2×
ROK Rockwell Automation, Inc. compare 31.5×
ETN Eaton Corporation, PLC 38.0×
Specialty Industrial Machinery industry median 23.3×
Industrials sector median 20.1×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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