ETN - Eaton Corporation plc
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$393.08
DETAILS
HIGH:
$495.00
LOW:
$295.00
MEDIAN:
$402.50
CONSENSUS:
$393.08
UPSIDE:
14.35%
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 24,878.0 | 23,196.0 | 20,752.0 | 19,628.0 | 17,858.0 | 21,390.0 | 21,609.0 | 20,404.0 | 19,747.0 | 20,855.0 |
| Cost of Revenue | 15,379.0 | 14,763.0 | 13,846.0 | 13,313.0 | 12,413.0 | 14,338.0 | 14,495.0 | 13,739.0 | 13,401.0 | 14,308.0 |
| Gross Profit | 9,499.0 | 8,433.0 | 6,906.0 | 6,315.0 | 5,445.0 | 7,052.0 | 7,114.0 | 6,665.0 | 6,346.0 | 6,547.0 |
| Operating Expenses | ||||||||||
| R&D Expenses | 794.0 | 754.0 | 665.0 | 616.0 | 551.0 | 606.0 | 584.0 | 584.0 | 589.0 | 625.0 |
| SG&A Expenses | 3,839.0 | 3,684.0 | 3,000.0 | 2,829.0 | 2,573.0 | 3,385.0 | 3,548.0 | 3,406.0 | 3,290.0 | 3,420.0 |
| Other Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Operating Expenses | 4,633.0 | 4,438.0 | 3,665.0 | 3,445.0 | 3,124.0 | 3,991.0 | 4,132.0 | 3,990.0 | 3,879.0 | 4,045.0 |
| Operating Income | ||||||||||
| Operating Income | 4,866.0 | 3,995.0 | 3,241.0 | 2,870.0 | 2,321.0 | 3,061.0 | 2,982.0 | 2,675.0 | 2,467.0 | 2,502.0 |
| Interest Expense | 144.0 | 208.0 | 88.0 | 144.0 | 221.0 | 236.0 | 271.0 | 246.0 | 233.0 | 232.0 |
| Interest Income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profitability | ||||||||||
| EBITDA | 5,631.0 | 4,961.0 | 3,953.0 | 3,962.0 | 2,778.0 | 3,711.0 | 3,598.0 | 4,528.0 | 3,280.0 | 3,302.0 |
| EBIT | 4,710.0 | 4,035.0 | 2,999.0 | 3,040.0 | 1,967.0 | 2,827.0 | 2,695.0 | 3,614.0 | 2,351.0 | 2,377.0 |
| Income Before Tax | 4,566.0 | 3,827.0 | 2,911.0 | 2,896.0 | 1,746.0 | 2,591.0 | 2,424.0 | 3,368.0 | 2,127.0 | 2,145.0 |
| Income Tax Expense | 768.0 | 604.0 | 445.0 | 750.0 | 331.0 | 378.0 | 278.0 | 382.0 | 202.0 | 164.0 |
| Net Income | 3,794.0 | 3,218.0 | 2,462.0 | 2,144.0 | 1,410.0 | 2,211.0 | 2,145.0 | 2,985.0 | 1,922.0 | 1,979.0 |
| Per Share Data | ||||||||||
| EPS (Basic) | 9.54 | 8.06 | 6.18 | 5.38 | 3.51 | 5.28 | 4.94 | 6.71 | 4.21 | 4.23 |
| EPS (Diluted) | 9.50 | 8.02 | 6.14 | 5.34 | 3.49 | 5.25 | 4.91 | 6.68 | 4.20 | 4.22 |
| Shares Outstanding | 397.6 | 399.1 | 398.7 | 398.7 | 402.2 | 419.0 | 434.3 | 444.5 | 455.0 | 465.5 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 555.0 | 488.0 | 294.0 | 297.0 | 438.0 | 370.0 | 283.0 | 561.0 | 543.0 | 268.0 |
| Short-Term Investments | 1,525.0 | 2,121.0 | 261.0 | 271.0 | 664.0 | 221.0 | 157.0 | 534.0 | 203.0 | 177.0 |
| Net Receivables | 4,619.0 | 4,475.0 | 4,076.0 | 3,297.0 | 2,904.0 | 3,437.0 | 3,858.0 | 3,943.0 | 3,560.0 | 3,479.0 |
| Inventory | 4,227.0 | 3,739.0 | 3,430.0 | 2,969.0 | 2,109.0 | 2,805.0 | 2,785.0 | 2,620.0 | 2,254.0 | 2,323.0 |
| Other Current Assets | 875.0 | 852.0 | 685.0 | 0.0 | 2,487.0 | 1,377.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total Current Assets | 11,801.0 | 11,675.0 | 8,761.0 | 7,511.0 | 9,178.0 | 8,728.0 | 7,590.0 | 8,314.0 | 6,941.0 | 6,616.0 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 4,535.0 | 4,178.0 | 3,716.0 | 3,506.0 | 3,392.0 | 3,932.0 | 3,467.0 | 3,502.0 | 3,443.0 | 3,565.0 |
| Goodwill | 14,713.0 | 14,977.0 | 14,796.0 | 14,751.0 | 12,903.0 | 13,456.0 | 13,328.0 | 13,568.0 | 13,201.0 | 13,479.0 |
| Intangible Assets | 4,657.0 | 5,092.0 | 5,485.0 | 5,855.0 | 4,175.0 | 4,638.0 | 4,846.0 | 5,265.0 | 5,514.0 | 6,014.0 |
| Long-Term Investments | 872.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Non-Current Assets | 1,194.0 | 2,052.0 | 1,940.0 | 2,012.0 | 1,750.0 | 1,679.0 | 1,568.0 | 1,698.0 | 960.0 | 960.0 |
| Total Non-Current Assets | 26,580.0 | 26,757.0 | 26,267.0 | 26,516.0 | 22,646.0 | 24,077.0 | 23,502.0 | 24,286.0 | 23,478.0 | 24,415.0 |
| Total Assets | 38,381.0 | 38,432.0 | 35,030.0 | 34,027.0 | 31,824.0 | 32,805.0 | 31,092.0 | 32,600.0 | 30,419.0 | 31,031.0 |
| Current Liabilities | ||||||||||
| Account Payables | 3,678.0 | 3,365.0 | 3,072.0 | 2,797.0 | 1,987.0 | 2,114.0 | 2,130.0 | 2,166.0 | 1,718.0 | 1,758.0 |
| Short-Term Debt | 674.0 | 1,025.0 | 334.0 | 1,748.0 | 1,048.0 | 503.0 | 753.0 | 584.0 | 1,566.0 | 668.0 |
| Deferred Revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Current Liabilities | 3,505.0 | 3,357.0 | 2,954.0 | 2,667.0 | 2,846.0 | 2,515.0 | 2,271.0 | 2,325.0 | 2,201.0 | 2,199.0 |
| Total Current Liabilities | 7,857.0 | 7,747.0 | 6,360.0 | 7,212.0 | 5,881.0 | 5,132.0 | 5,154.0 | 5,075.0 | 5,485.0 | 4,625.0 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 8,478.0 | 8,244.0 | 8,321.0 | 6,831.0 | 7,010.0 | 7,819.0 | 6,768.0 | 7,167.0 | 6,711.0 | 7,746.0 |
| Deferred Tax Liabilities | 275.0 | 402.0 | 530.0 | 559.0 | 277.0 | 396.0 | 349.0 | 538.0 | 321.0 | 390.0 |
| Other Non-Current Liabilities | 2,571.0 | 2,437.0 | 2,269.0 | 2,637.0 | 3,357.0 | 2,994.0 | 2,679.0 | 2,553.0 | 2,961.0 | 3,004.0 |
| Total Non-Current Liabilities | 11,993.0 | 11,616.0 | 11,579.0 | 10,364.0 | 10,970.0 | 11,540.0 | 9,796.0 | 10,258.0 | 9,993.0 | 11,140.0 |
| Total Liabilities | 19,850.0 | 19,363.0 | 17,954.0 | 17,576.0 | 16,851.0 | 16,672.0 | 14,950.0 | 15,310.0 | 15,478.0 | 15,800.0 |
| Stockholders' Equity | ||||||||||
| Common Stock | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 5.0 | 5.0 |
| Retained Earnings | 10,096.0 | 10,305.0 | 8,468.0 | 7,594.0 | 6,794.0 | 8,170.0 | 8,161.0 | 8,669.0 | 7,498.0 | 7,346.0 |
| Accumulated Other Comprehensive Income | (4,343.0) | (3,907.0) | (3,946.0) | (3,633.0) | (4,195.0) | (4,290.0) | (4,145.0) | (3,407.0) | (4,448.0) | (3,863.0) |
| Total Stockholders' Equity | 18,488.0 | 19,036.0 | 17,038.0 | 16,413.0 | 14,930.0 | 16,082.0 | 16,107.0 | 17,253.0 | 14,897.0 | 15,186.0 |
| Total Liabilities & Equity | 38,381.0 | 38,432.0 | 35,030.0 | 34,027.0 | 31,824.0 | 32,805.0 | 31,092.0 | 32,600.0 | 30,419.0 | 31,031.0 |
| Debt Metrics | ||||||||||
| Total Debt | 9,821.0 | 9,802.0 | 9,114.0 | 8,916.0 | 8,384.0 | 8,653.0 | 7,521.0 | 7,751.0 | 8,277.0 | 8,449.0 |
| Net Debt | 9,266.0 | 9,314.0 | 8,820.0 | 8,619.0 | 7,946.0 | 8,283.0 | 7,238.0 | 7,190.0 | 7,734.0 | 8,181.0 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 3,798.0 | 3,218.0 | 2,465.0 | 2,146.0 | 1,410.0 | 2,213.0 | 2,146.0 | 2,986.0 | 1,925.0 | 1,981.0 |
| Depreciation & Amortization | 921.0 | 926.0 | 954.0 | 922.0 | 811.0 | 884.0 | 903.0 | 914.0 | 929.0 | 925.0 |
| Stock-Based Compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 87.0 | 0.0 | 0.0 | (1.0) | (1.0) |
| Change in Working Capital | (219.0) | (225.0) | (648.0) | (287.0) | 830.0 | 64.0 | (341.0) | 100.0 | (138.0) | (396.0) |
| Other Non-Cash Items | (19.0) | (113.0) | (106.0) | (505.0) | (21.0) | 274.0 | 65.0 | (1,128.0) | (62.0) | 0.0 |
| Operating Cash Flow | 4,327.0 | 3,624.0 | 2,533.0 | 2,163.0 | 2,944.0 | 3,451.0 | 2,658.0 | 2,666.0 | 2,570.0 | 2,409.0 |
| Investing Activities | ||||||||||
| Capital Expenditure | (808.0) | (757.0) | (598.0) | (575.0) | (389.0) | (587.0) | (565.0) | (520.0) | (497.0) | (506.0) |
| Acquisitions | (87.0) | 0.0 | (621.0) | (1,495.0) | 1,208.0 | (1,216.0) | 0.0 | 607.0 | 1.0 | (71.0) |
| Purchases of Investments | 0.0 | (1,861.0) | (19.0) | 379.0 | (441.0) | (70.0) | 355.0 | (298.0) | (40.0) | 37.0 |
| Sales/Maturities of Investments | 0.0 | 0.0 | 0.0 | (379.0) | 441.0 | 70.0 | 355.0 | 520.0 | 497.0 | 506.0 |
| Other Investing Activities | 624.0 | 43.0 | 38.0 | 306.0 | (422.0) | (63.0) | (543.0) | (526.0) | (490.0) | (541.0) |
| Investing Cash Flow | (271.0) | (2,575.0) | (1,200.0) | (1,764.0) | 397.0 | (1,866.0) | (398.0) | (217.0) | (529.0) | (575.0) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 61.0 | 488.0 | 300.0 | 805.0 | (503.0) | 725.0 | (164.0) | (554.0) | (22.0) | (602.0) |
| Stock Repurchased | (2,492.0) | 0.0 | (286.0) | (122.0) | (1,608.0) | (1,029.0) | (1,271.0) | (850.0) | (730.0) | (682.0) |
| Dividends Paid | (1,500.0) | (1,379.0) | (1,299.0) | (1,219.0) | (1,175.0) | (1,201.0) | (1,149.0) | (1,068.0) | (1,037.0) | (1,026.0) |
| Other Financing Activities | (5.0) | (58.0) | (83.0) | 48.0 | (43.0) | 57.0 | (26.0) | (36.0) | 69.0 | (47.0) |
| Financing Cash Flow | (3,936.0) | (871.0) | (1,340.0) | (535.0) | (3,258.0) | (1,494.0) | (2,581.0) | (2,442.0) | (1,738.0) | (2,305.0) |
| Cash Position | ||||||||||
| Net Change in Cash | 67.0 | 194.0 | (3.0) | (141.0) | 68.0 | 87.0 | (278.0) | 18.0 | 275.0 | (513.0) |
| Cash at Beginning | 488.0 | 294.0 | 297.0 | 438.0 | 370.0 | 283.0 | 561.0 | 543.0 | 268.0 | 781.0 |
| Cash at End | 555.0 | 488.0 | 294.0 | 297.0 | 438.0 | 370.0 | 283.0 | 561.0 | 543.0 | 268.0 |
| Free Cash Flow | 3,519.0 | 2,867.0 | 1,935.0 | 1,588.0 | 2,555.0 | 2,864.0 | 2,093.0 | 2,146.0 | 2,073.0 | 1,903.0 |
| Key Metrics | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 24,878.0 | 23,196.0 | 20,752.0 | 19,628.0 | 17,858.0 | 21,390.0 | 21,609.0 | 20,404.0 | 19,747.0 | 20,855.0 |
| Gross Profit | 9,499.0 | 8,433.0 | 6,906.0 | 6,315.0 | 5,445.0 | 7,052.0 | 7,114.0 | 6,665.0 | 6,346.0 | 6,547.0 |
| Operating Income | 4,866.0 | 3,995.0 | 3,241.0 | 2,870.0 | 2,321.0 | 3,061.0 | 2,982.0 | 2,675.0 | 2,467.0 | 2,502.0 |
| Net Income | 3,794.0 | 3,218.0 | 2,462.0 | 2,144.0 | 1,410.0 | 2,211.0 | 2,145.0 | 2,985.0 | 1,922.0 | 1,979.0 |
| EPS (Diluted) | 9.50 | 8.02 | 6.14 | 5.34 | 3.49 | 5.25 | 4.91 | 6.68 | 4.20 | 4.22 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 555.0 | 488.0 | 294.0 | 297.0 | 438.0 | 370.0 | 283.0 | 561.0 | 543.0 | 268.0 |
| Total Assets | 38,381.0 | 38,432.0 | 35,030.0 | 34,027.0 | 31,824.0 | 32,805.0 | 31,092.0 | 32,600.0 | 30,419.0 | 31,031.0 |
| Total Debt | 9,821.0 | 9,802.0 | 9,114.0 | 8,916.0 | 8,384.0 | 8,653.0 | 7,521.0 | 7,751.0 | 8,277.0 | 8,449.0 |
| Stockholders' Equity | 18,488.0 | 19,036.0 | 17,038.0 | 16,413.0 | 14,930.0 | 16,082.0 | 16,107.0 | 17,253.0 | 14,897.0 | 15,186.0 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 4,327.0 | 3,624.0 | 2,533.0 | 2,163.0 | 2,944.0 | 3,451.0 | 2,658.0 | 2,666.0 | 2,570.0 | 2,409.0 |
| Capital Expenditure | (808.0) | (757.0) | (598.0) | (575.0) | (389.0) | (587.0) | (565.0) | (520.0) | (497.0) | (506.0) |
| Free Cash Flow | 3,519.0 | 2,867.0 | 1,935.0 | 1,588.0 | 2,555.0 | 2,864.0 | 2,093.0 | 2,146.0 | 2,073.0 | 1,903.0 |