Eaton - Public Comps and Valuation Multiples

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

eaton.com

Sectors

Machinery
Electrical Parts & Equipment
Industrial Parts
Automotive Parts
Diversified Industrials

Financials

LTM Revenue $27.1B

LTM EBITDA $6.4B

EV

$162B

Valuation Multiples

Multiples.vc

Valuation Multiples for 15K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Browse Valuation Multiples

Eaton Financials

As of September 2025, Eaton reported last 12-month revenue of $27.1B and EBITDA of $6.4B.

In the same period, Eaton generated $10.6B in LTM gross profit and $4.6B in net income.

See Eaton valuation multiples based on analyst estimates

Eaton P&L

In the most recent fiscal year, Eaton reported revenue of $24.9B and EBITDA of $5.6B.

Eaton expects next 12-month revenue of XXX and NTM EBITDA of XXX

See Eaton valuation multiples based on analyst estimates

	LTM	NTM	Last FY	FY 2025	FY 2026	FY 2027
Revenue	$27.1B	XXX	$24.9B	XXX	XXX	XXX
Gross Profit	$10.6B	XXX	$9.5B	XXX	XXX	XXX
Gross Margin	39%	XXX	38%	XXX	XXX	XXX
EBITDA	$6.4B	XXX	$5.6B	XXX	XXX	XXX
EBITDA Margin	24%	XXX	23%	XXX	XXX	XXX
EBIT	$5.4B	XXX	$4.6B	XXX	XXX	XXX
EBIT Margin	20%	XXX	19%	XXX	XXX	XXX
Net Profit	$4.6B	XXX	$3.8B	XXX	XXX	XXX
Net Margin	17%	XXX	15%	XXX	XXX	XXX
Net Debt	XXX	XXX	$8.6B	XXX	XXX	XXX

Financial data powered by Morningstar, Inc.

.seo-only-financials-wrapper { position: static; left: auto; width: auto; height: auto; overflow: visible; }

Financial performance metrics for Eaton including revenue, profitability, and margin analysis across different time periods. The company reported last twelve months revenue of $27.1B. EBITDA for the last twelve months was $6.4B. In the most recent fiscal year, Eaton achieved $24.9B in revenue and $5.6B in EBITDA.
Financial Metric	Last Twelve Months (LTM)	Next Twelve Months (NTM)	Most Recent Fiscal Year	Current Fiscal Year (2025)	Next Fiscal Year (2026)	Two Years Forward (2027)
Total Revenue	$27.1B	Analyst estimates available to subscribers	$24.9B	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Gross Profit	$10.6B	Analyst estimates available to subscribers	$9.5B	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Gross Profit Margin	39.0% gross margin	Analyst estimates available to subscribers	38.2% gross profit margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBITDA (Earnings Before Interest, Taxes, Depreciation, Amortization)	$6.4B	Analyst estimates available to subscribers	$5.6B	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBITDA Margin	23.6% EBITDA margin	Analyst estimates available to subscribers	22.6% EBITDA margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBIT (Earnings Before Interest and Taxes)	$5.4B	Analyst estimates available to subscribers	$4.6B	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBIT Margin	20.1% EBIT margin	Analyst estimates available to subscribers	18.6% EBIT margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Net Income (Net Profit)	$4.6B	Analyst estimates available to subscribers	$3.8B	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Net Profit Margin	17.1% net profit margin	Analyst estimates available to subscribers	15.3% net profit margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Net Debt Position	Detailed debt information available to subscribers	Detailed debt information available to subscribers	$8.6B	Detailed debt information available to subscribers	Detailed debt information available to subscribers	Detailed debt information available to subscribers

Financial Performance Summary for Eaton

This financial data table provides comprehensive performance metrics for Eaton, a company based in United States of America. The metrics include revenue, profitability measures, and operational efficiency indicators across multiple time periods.

Recent Performance Highlights

Eaton generated $27.1B in revenue over the last twelve months.
The company achieved $6.4B in EBITDA over the last twelve months.
Gross profit for the last twelve months was $10.6B.
Net income over the last twelve months reached $4.6B.

Fiscal Year Performance

In the most recent fiscal year, Eaton reported $24.9B in total revenue.
Fiscal year EBITDA was $5.6B.
The company maintained a gross profit margin of 38.2% in the most recent fiscal year.
EBITDA margin for the fiscal year was 22.6%.
Net profit margin reached 15.3% in the most recent fiscal year.

This financial data is sourced from Morningstar, Inc. and represents the most recent available information for Eaton. Forward-looking estimates and detailed financial projections are available through our premium subscription service.

Eaton Stock Performance

Eaton has current market cap of $151B, and EV of $162B.

Market Cap Evolution

Eaton Stock Data

As of October 30, 2025, Eaton's stock price is $388.

See Eaton trading valuation data

EV	Market Cap	Price 1D	Price 1M	Price 3M	Price 12M	EPS
$162B	$151B	XXX	XXX	XXX	XXX	$11.88

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

Eaton Valuation Multiples

Eaton's trades at 6.5x EV/Revenue multiple, and 28.8x EV/EBITDA.

See valuation multiples for Eaton and 15K+ public comps

Eaton Financial Valuation Multiples

As of October 30, 2025, Eaton has market cap of $151B and EV of $162B.

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 32.6x.

	LTM	NTM	Last FY	FY 2025	FY 2026	FY 2027
Market cap (current)	$151B	XXX	$151B	XXX	XXX	XXX
EV (current)	$162B	XXX	$162B	XXX	XXX	XXX
EV/Revenue	6.0x	XXX	6.5x	XXX	XXX	XXX
EV/EBITDA	25.3x	XXX	28.8x	XXX	XXX	XXX
EV/EBIT	29.8x	XXX	35.0x	XXX	XXX	XXX
EV/Gross Profit	15.3x	XXX	n/a	XXX	XXX	XXX
P/E	32.6x	XXX	39.8x	XXX	XXX	XXX
EV/FCF	42.2x	XXX	46.0x	XXX	XXX	XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Eaton Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

Eaton Margins & Growth Rates

Eaton's last 12 month revenue growth is 10%

Eaton's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.

Eaton's rule of 40 is 31% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Eaton's rule of X is 47% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for Eaton and other 15K+ public comps

Eaton Operational Valuation Multiples

	LTM	NTM	Last FY	FY 2025	FY 2026	FY 2027
Revenue Growth	10%	XXX	10%	XXX	XXX	XXX
EBITDA Margin	24%	XXX	23%	XXX	XXX	XXX
EBITDA Growth	14%	XXX	15%	XXX	XXX	XXX
Rule of 40	31%	XXX	32%	XXX	XXX	XXX
Bessemer Rule of X	XXX	XXX	47%	XXX	XXX	XXX
Revenue per Employee	XXX	XXX	$0.3M	XXX	XXX	XXX
Opex per Employee	XXX	XXX	$0.1M	XXX	XXX	XXX
S&M Expenses to Revenue	XXX	XXX	n/a	XXX	XXX	XXX
G&A Expenses to Revenue	XXX	XXX	n/a	XXX	XXX	XXX
R&D Expenses to Revenue	XXX	XXX	3%	XXX	XXX	XXX
Opex to Revenue	XXX	XXX	20%	XXX	XXX	XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics

Pharma Analytics

Private Equity

ERP Software

Developer Tools

Consumer SaaS

Streaming Platforms

Explore Valuation Multiples by Industry

Start Free Trial