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Eaton Valuation Multiples
Discover revenue and EBITDA valuation multiples for Eaton and similar public comparables like Deere, Hitachi, ABB, Schneider Electric and more.
Eaton Overview
About Eaton
Founded in 1911 by Joseph Eaton, the eponymous company began by selling truck axles in New Jersey. Eaton has since become an industrial powerhouse largely through acquisitions in various end markets. Eaton's portfolio can broadly be divided into two parts: its electrical and industrial businesses. Its electrical portfolio (representing around 70% of company revenue) sells components within data centers, utilities, and commercial and residential buildings, while its industrial business (30% of revenue) sells components within commercial and passenger vehicles and aircraft. Eaton receives favorable tax treatment as a domiciliary of Ireland, but it generates over half of its revenue within the US.
Founded
2012
HQ

Employees
94.4K
Website
Financials (LTM)
EV
$171B
Eaton Financials
Eaton reported last 12-month revenue of $29B and EBITDA of $7B.
In the same LTM period, Eaton generated $11B in gross profit and $7B in EBITDA.
Revenue (LTM)
Eaton P&L
In the most recent fiscal year, Eaton reported revenue of $27B and EBITDA of $6B.
Eaton expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $29B | XXX | $27B | XXX | XXX | XXX |
| Gross Profit | $11B | XXX | $10B | XXX | XXX | XXX |
| Gross Margin | 38% | XXX | 38% | XXX | XXX | XXX |
| EBITDA | $7B | XXX | $6B | XXX | XXX | XXX |
| EBITDA Margin | 24% | XXX | 23% | XXX | XXX | XXX |
| EBIT Margin | 20% | XXX | 19% | XXX | XXX | XXX |
| Net Profit | — | XXX | $4B | XXX | XXX | XXX |
| Net Margin | — | XXX | 15% | XXX | XXX | XXX |
| Net Debt | — | — | $9B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Eaton Stock Performance
Eaton has current market cap of $162B, and enterprise value of $171B.
Market Cap Evolution
Eaton's stock price is $416.77.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $171B | $162B | -1.7% | XXX | XXX | XXX | $10.53 |
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Start Free TrialEaton Valuation Multiples
Eaton trades at 6.0x EV/Revenue multiple, and 25.0x EV/EBITDA.
EV / Revenue (LTM)
Eaton Financial Valuation Multiples
As of April 28, 2026, Eaton has market cap of $162B and EV of $171B.
Equity research analysts estimate Eaton's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Eaton has a P/E ratio of 39.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $162B | XXX | $162B | XXX | XXX | XXX |
| EV (current) | $171B | XXX | $171B | XXX | XXX | XXX |
| EV/Revenue | 6.0x | XXX | 6.2x | XXX | XXX | XXX |
| EV/EBITDA | 25.0x | XXX | 27.7x | XXX | XXX | XXX |
| EV/EBIT | 30.4x | XXX | 32.9x | XXX | XXX | XXX |
| EV/Gross Profit | 15.7x | XXX | 16.6x | XXX | XXX | XXX |
| P/E | — | XXX | 39.6x | XXX | XXX | XXX |
| EV/FCF | 46.1x | XXX | 48.2x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Eaton Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Eaton Margins & Growth Rates
Eaton's revenue in the last 12 month grew by 11%.
Eaton's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.
Eaton Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 11% | XXX | 10% | XXX | XXX | XXX |
| EBITDA Margin | 24% | XXX | 23% | XXX | XXX | XXX |
| EBITDA Growth | 14% | XXX | 10% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 15% | XXX | — | XXX | XXX | XXX |
| G&A Expenses to Revenue | 3% | XXX | — | XXX | XXX | XXX |
| R&D Expenses to Revenue | 3% | XXX | 3% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 19% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Eaton Public Comps
See public comps and valuation multiples for other Machinery and Electrical Parts & Equipment comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Eaton | XXX | XXX | XXX | XXX | XXX | XXX |
| Deere | XXX | XXX | XXX | XXX | XXX | XXX |
| Hitachi | XXX | XXX | XXX | XXX | XXX | XXX |
| ABB | XXX | XXX | XXX | XXX | XXX | XXX |
| Schneider Electric | XXX | XXX | XXX | XXX | XXX | XXX |
| Amphenol | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Eaton M&A Activity
Eaton acquired XXX companies to date.
Last acquisition by Eaton was on XXXXXXXX, XXXXX. Eaton acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Eaton
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialEaton Investment Activity
Eaton invested in XXX companies to date.
Eaton made its latest investment on XXXXXXXX, XXXXX. Eaton invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Eaton
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Eaton
| When was Eaton founded? | Eaton was founded in 2012. |
| Where is Eaton headquartered? | Eaton is headquartered in United States. |
| How many employees does Eaton have? | As of today, Eaton has over 94K employees. |
| Who is the CEO of Eaton? | Eaton's CEO is Paulo Ruiz. |
| Is Eaton publicly listed? | Yes, Eaton is a public company listed on NYSE. |
| What is the stock symbol of Eaton? | Eaton trades under ETN ticker. |
| When did Eaton go public? | Eaton went public in 1948. |
| Who are competitors of Eaton? | Eaton main competitors are Deere, Hitachi, ABB, Schneider Electric. |
| What is the current market cap of Eaton? | Eaton's current market cap is $162B. |
| What is the current revenue of Eaton? | Eaton's last 12 months revenue is $29B. |
| What is the current revenue growth of Eaton? | Eaton revenue growth (NTM/LTM) is 11%. |
| What is the current EV/Revenue multiple of Eaton? | Current revenue multiple of Eaton is 6.0x. |
| Is Eaton profitable? | Yes, Eaton is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Eaton? | Eaton's last 12 months EBITDA is $7B. |
| What is Eaton's EBITDA margin? | Eaton's last 12 months EBITDA margin is 24%. |
| What is the current EV/EBITDA multiple of Eaton? | Current EBITDA multiple of Eaton is 25.0x. |
| What is the current FCF of Eaton? | Eaton's last 12 months FCF is $4B. |
| What is Eaton's FCF margin? | Eaton's last 12 months FCF margin is 13%. |
| What is the current EV/FCF multiple of Eaton? | Current FCF multiple of Eaton is 46.1x. |
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