Eaton Corporation (ETN)
Eaton Statistics
Share Statistics
Eaton has 391.77M shares outstanding. The number of shares has increased by -2.01% in one year.
| Shares Outstanding | 391.77M |
| Shares Change (YoY) | -2.01% |
| Shares Change (QoQ) | -0.87% |
| Owned by Institutions (%) | 81.53% |
| Shares Floating | 390.87M |
| Failed to Deliver (FTD) Shares | 3.24K |
| FTD / Avg. Volume | 0.08% |
Short Selling Information
The latest short interest is 6.59M, so 1.67% of the outstanding shares have been sold short.
| Short Interest | 6.59M |
| Short % of Shares Out | 1.67% |
| Short % of Float | 1.67% |
| Short Ratio (days to cover) | 1.9 |
Valuation Ratios
The PE ratio is 34.78 and the forward PE ratio is 19.93. Eaton's PEG ratio is 1.89.
| PE Ratio | 34.78 |
| Forward PE | 19.93 |
| PS Ratio | 5.3 |
| Forward PS | 2.9 |
| PB Ratio | 7.14 |
| P/FCF Ratio | 37.5 |
| PEG Ratio | 1.89 |
Enterprise Valuation
Eaton has an Enterprise Value (EV) of 141.22B.
| EV / Sales | 5.68 |
| EV / EBITDA | 25.45 |
| EV / EBIT | 32.64 |
| EV / FCF | 40.13 |
Financial Position
The company has a current ratio of 1.5, with a Debt / Equity ratio of 0.53.
| Current Ratio | 1.5 |
| Quick Ratio | 0.96 |
| Debt / Equity | 0.53 |
| Debt / EBITDA | 1.77 |
| Debt / FCF | 2.79 |
| Interest Coverage | 35.63 |
Financial Efficiency
Return on Equity is 20.52% and Return on Invested Capital is 12.35%.
| Return on Equity | 20.52% |
| Return on Assets | 9.89% |
| Return on Invested Capital | 12.35% |
| Revenue Per Employee | $263.42K |
| Profits Per Employee | $40.17K |
| Employee Count | 94,443 |
| Asset Turnover | 0.65 |
| Inventory Turnover | 3.64 |
Taxes
| Income Tax | 768M |
| Effective Tax Rate | 16.82% |
Stock Price Statistics
The stock price has increased by -11.45% in the last 52 weeks. The beta is 1.08, so Eaton's price volatility has been higher than the market average.
| Beta | 1.08 |
| 52-Week Price Change | -11.45% |
| 50-Day Moving Average | 288.03 |
| 200-Day Moving Average | 319.41 |
| Relative Strength Index (RSI) | 44.74 |
| Average Volume (20 Days) | 4.02M |
Income Statement
In the last 12 months, Eaton had revenue of 24.88B and earned 3.79B in profits. Earnings per share was 9.54.
| Revenue | 24.88B |
| Gross Profit | 9.5B |
| Operating Income | 4.63B |
| Net Income | 3.79B |
| EBITDA | 5.55B |
| EBIT | 4.7B |
| Earnings Per Share (EPS) | 9.54 |
Balance Sheet
The company has 555M in cash and 9.82B in debt, giving a net cash position of -9.27B.
| Cash & Cash Equivalents | 555M |
| Total Debt | 9.82B |
| Net Cash | -9.27B |
| Retained Earnings | 0 |
| Total Assets | 38.38B |
| Working Capital | 3.94B |
Cash Flow
In the last 12 months, operating cash flow was 4.33B and capital expenditures 0, giving a free cash flow of 3.52B.
| Operating Cash Flow | 4.33B |
| Capital Expenditures | 0 |
| Free Cash Flow | 3.52B |
| FCF Per Share | 8.85 |
Margins
Gross margin is 38.2%, with operating and profit margins of 18.62% and 15.25%.
| Gross Margin | 38.2% |
| Operating Margin | 18.62% |
| Pretax Margin | 18.35% |
| Profit Margin | 15.25% |
| EBITDA Margin | 22.3% |
| EBIT Margin | 18.62% |
| FCF Margin | 14.15% |
Dividends & Yields
ETN pays an annual dividend of $4.8, which amounts to a dividend yield of 1.39%.
| Dividend Per Share | $4.80 |
| Dividend Yield | 1.39% |
| Dividend Growth (YoY) | 10.64% |
| Payout Ratio | 50.53% |
| Earnings Yield | 2.88% |
| FCF Yield | 2.67% |
Analyst Forecast
The average price target for ETN is $350, which is 30.4% higher than the current price. The consensus rating is "Buy".
| Price Target | $350 |
| Price Target Difference | 30.4% |
| Analyst Consensus | Buy |
| Analyst Count | 18 |
Stock Splits
The last stock split was on Mar 1, 2011. It was a forward split with a ratio of 2:1.
| Last Split Date | Mar 1, 2011 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 4.47 |
| Piotroski F-Score | 6 |