Eaton Corporation plc operates as a power management company in the United States, Canada, Latin America, Europe, and the Asia Pacific. It operates through Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility segments. The company offers electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, and power reliability equipment; and hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems. It also provides pumps, motors, hydraulic power units, hoses and fittings, and electro-hydraulic pumps; valves, cylinders, electronic controls, electromechanical actuators, sensors, aircraft flap and slat systems, and nose wheel steering systems; hose, thermoplastic tubing products, fittings, adapters, couplings, and sealing and ducting products; air-to-air refueling systems, fuel pumps, fuel inerting products, sensors, and adapters and regulators; oxygen generation system, payload carriages, and thermal management products; wiring connectors and cables; and hydraulic and bag filters, strainers and cartridges, and golf grips for manufacturers of commercial and military aircraft, and related after-market customers, as well as industrial applications. In addition, the company offers transmissions, clutches, hybrid power systems, superchargers, engine valves and valve actuation systems, locking and limited slip differentials, transmission controls, and fuel vapor components for the vehicle industry; and voltage inverters, converters, fuses, circuit protection units, vehicle controls, power distribution systems, fuel tank isolation valves, and commercial vehicle hybrid systems. The company formerly known as Abeiron Limited. The company was founded in 1911 and is based in Dublin, Ireland.
Growth Challenges | Delve into Eaton's strategic response to flat Electrical backlog, tariff-induced margin pressures, and declining Free Cash Flow as the company navigates segment normalization while pursuing its 7% market growth target for 2026. |
Market Valuation | Analyst price targets range from $306 to $362, with Barclays maintaining Equal Weight ratings while RBC Capital Markets expresses a more bullish Outperform stance at $356. |
Aerospace Ascension | The consistently outperforming Aerospace segment gains further momentum through the strategic Ultra PCS acquisition, increasing Military sector exposure to 6-7% and enhancing both sales growth and margins. |
Datacenter Powerhouse | Eaton Corporation leverages its robust datacenter business with projected 50% growth in DC sales, positioning the company to capitalize on the global datacenter upcycle beyond North America. |

Metrics to compare | ETN | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipETNPeersSector | |
|---|---|---|---|---|
P/E Ratio | 37.0x | 34.3x | 12.7x | |
PEG Ratio | 3.72 | 2.67 | 0.03 | |
Price / Book | 7.8x | 7.8x | 1.4x | |
Price / LTM Sales | 5.5x | 4.4x | 1.3x | |
Upside (Analyst Target) | 4.6% | 3.1% | 15.3% | |
Fair Value Upside | Unlock | −13.0% | 4.9% | Unlock |