Eaton Corporation plc


Market Cap$110.12B

Compare Eaton plc

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Eaton Corporation plcEaton Corporation plc36.81.24%16%5.10.5
marketMarket Avg49.51.28%13%6.20.1
IndustrialsIndustrials Avg191.01%21%30.6

Earnings Call Q4 2023

February 1, 2024 - AI Summary

Eaton reported record Q4 results and full-year performance, with adjusted EPS up 24% for the quarter and 20% for the year.
The company expects strong organic growth in 2024, with double-digit increases in adjusted EPS and continued cash flow strength.
Eaton highlighted the significant impact of reindustrialization on its business, with a large number of mega projects driving future growth opportunities. These projects have an average timeline of 3 to 5 years from announcement to revenue recognition.
A multiyear restructuring program was announced to improve efficiency and reduce fixed costs. The program will cost $375 million but is expected to deliver $325 million in mature year benefits.
Backlog increased by 15% for Electrical and 13% for Aerospace, providing visibility and confidence in future growth.
The company plans to repurchase between $1.5 billion and $2.5 billion of shares outstanding and remains open to strategic M&A opportunities.

Current Fair Value

2.7% downside

Overvalued by 2.7% based on the discounted cash flow analysis.

Share Statistics

Market cap$110.12 Billion
Enterprise Value$117.37 Billion
Dividend Yield$3.4186 (1.24%)
Earnings per Share$7.47
Outstanding Shares399,300,000
Avg 30 Day Volume1,827,206


Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio36.77
Price to Sales5.08
Price to Book Ratio6.19
Enterprise Value to Revenue5.19
Enterprise Value to EBIT31.88
Enterprise Value to Net Income39
Total Debt to Enterprise0.08
Debt to Equity0.5

Revenue Sources

No data

ESG Score

No data

About Eaton Corporation plc

CEO: Craig Arnold