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ETN

Eaton Corporation

NYSEIndustrialsSpecialty Industrial MachinerySnapshot 2026-05-08

$401.51+0.59%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, ETN has a composite score of 23.0 and a signal label of "mild favorable." The valuation label has changed from "full" to "fair," indicating a shift in perception of its value. Key drivers include macroeconomic factors such as growth, labor, rates, and inflation, with a high confidence level of 85.2%.

Composite +23as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
strong
Top 30% of industrials cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    0.03
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
1001118612751104
F2 · Value
expensive
Most expensive 30% of industrials cohort
Why this rank
Price
$401.51
TTM EPS
$9.67
Earnings yield
2.4%
P/E (TTM)
41.5

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
neutral
Mid-cohort cash conversion
Why this rank
TTM NI ($M)
3,794
TTM CFO ($M)
4,327
CFO/NI
1.14
L2

Watch

has something changed worth re-reading?
F4 · Management stability
volatile
Bottom 10% activity in industrials cohort· see deep-dive ↓
capital unfriendlyBottom 10% — net capital-unfriendly direction
Earnings setup · pre-print positioning
forward-looking
neutral14 analysts, 77% Buyfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $3.15 → $3.12 (-1.0% / 30d). 1 raised, 8 cut, 14 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 7 maintained. 77% of analysts rate Buy.

Price target activity

2 PT revisions / 30d. Avg target 17.4% above current price.

Material events

0 positive, 0 negative / 30d.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Increase EPS by 6% in 2026growthmixed63% progress
    5/5: For full year 2026, earnings per share expected to be between $10.88 and $11.33, up 6% at the midpoint over 2025.
    Why this status

    Stated in 2 of last 2 quarters. EPS guidance for 2026 is between $10.88 and $11.33, representing a 6% increase at the midpoint over 2025's $10.51. The trajectory is consistent with management's stated growth target.

  2. 2.Achieve segment margins of 24.6-25.0% in 2026growthbehind0% progressprovisional
    2/3: For the full year 2026, the company anticipates: Segment margins of 24.6-25.0%.
    Why this status

    Newly stated in 2026-Q1. Management has set a target for segment margins between 24.6% and 25.0% for 2026. No specific margin data for 2026 is available yet to assess progress.

  3. 3.Maintain quarterly EPS growthgrowthbehind0% progress
    5/5: For the second quarter of 2026, the company anticipates: Earnings per share between $2.29 and $2.39.
    Why this status

    Stated in 2 of last 2 quarters. EPS guidance for Q2 2026 is between $2.29 and $2.39, consistent with Q1 2026 guidance of $2.29 to $2.49. The trajectory shows a focus on maintaining quarterly EPS growth.

3

Guidance track record

Last 8 quarters of EPS guidance with actuals.

8 beat
Per-quarter detail
PeriodGuidanceActualResult
2024-06-30$2.19 – $2.29$2.73beat
2024-09-30$2.42 – $2.52$2.53beat
2024-12-31$2.42 – $2.48$2.83beat
2025-03-31$2.30 – $2.40$2.72beat
2025-06-30$2.35 – $2.45$2.95beat
2025-09-30$2.58 – $2.64$3.07beat
2025-12-31$2.75 – $2.95$3.33beat
2026-03-31$2.29 – $2.49$2.81beat

Beat / inside / miss is computed from the guided range when issued; for point-estimate quarters a ±5% tolerance band around the mid is used. surprise_pct_vs_mid is unstable when guided EPS is near zero, so it is not surfaced as a headline.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
moderateworst 12m loss −19%, typical day ±1.2%
Why this risk level

Recent vol — 30d annualized 40%; 252d 31%.

Drawdown — Max 1y −19%. Bad day move −3%.

Beta to sector ETF (XLI) 1.35 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 48/100, drawdown 62/100, beta 65/100, earnings vol .

Sector regime
headwind-7.8%sector vs S&P 500, 60d

via XLI

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. label change · valuation_label
    severity 20

    Valuation label changed from 'full' to 'fair'.

As of 2026-05-08, the valuation label for ETN changed from 'full' to 'fair'. This is a label change with a severity score of 20.0. The forward view indicates an unfavorable direction with a composite delta estimate of -8.0 if next-quarter guidance is cut, and a favorable direction with a composite delta estimate of 5.0 if the industrials sector trend rises to 'improving'.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite74.6 / 100
Capital allocation49
Earnings discipline100
Margin discipline65
Balance sheet35
Guidance credibility100
Post-call reaction49

Met or beat guidance 100% of the last 8 guided quarters · 16.3% avg surprise

as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Increase EPS by 6% in 2026

    GrowthNew since 2026-05-05

    Eaton aims to increase earnings per share by 6% at the midpoint for the full year 2026 compared to 2025.

    Mixed

    Stated in 2 of last 2 quarters. EPS guidance for 2026 is between $10.88 and $11.33, representing a 6% increase at the midpoint over 2025's $10.51. The trajectory is consistent with management's stated growth target.

    63%
    CEO/CFO:For full year 2026, earnings per share expected to be between $10.88 and $11.33, up 6% at the midpoint over 2025.
    Multiple sourcesSource dated 2026-05-05Stated 2 of last 8 quartersFirst seen 2026-05-05
    Show history (2)
    • 2026-Q2Multiple sources

      For full year 2026, earnings per share expected to be between $10.88 and $11.33, up 6% at the midpoint over 2025.

    • 2026-Q1Multiple sources

      For the full year 2026, earnings per share expected to be between $11.57 and $12.07.

  • #2

    Achieve segment margins of 24.6-25.0% in 2026

    Growth

    Eaton targets segment margins between 24.6% and 25.0% for the full year 2026.

    Behind

    Newly stated in 2026-Q1. Management has set a target for segment margins between 24.6% and 25.0% for 2026. No specific margin data for 2026 is available yet to assess progress.

    0%
    CEO/CFO:For the full year 2026, the company anticipates: Segment margins of 24.6-25.0%.
    Multiple sourcesSource dated 2026-02-03Stated 1 of last 8 quartersFirst seen 2026-02-03provisional
    Show history (1)
    • 2026-Q1Multiple sources

      For the full year 2026, the company anticipates: Segment margins of 24.6-25.0%.

  • #3

    Maintain quarterly EPS growth

    GrowthNew since 2026-05-05

    Eaton aims to maintain growth in quarterly earnings per share throughout 2026.

    Behind

    Stated in 2 of last 2 quarters. EPS guidance for Q2 2026 is between $2.29 and $2.39, consistent with Q1 2026 guidance of $2.29 to $2.49. The trajectory shows a focus on maintaining quarterly EPS growth.

    0%
    CEO/CFO:For the second quarter of 2026, the company anticipates: Earnings per share between $2.29 and $2.39.
    Multiple sourcesSource dated 2026-05-05Stated 2 of last 8 quartersFirst seen 2026-05-05
    Show history (2)
    • 2026-Q2Multiple sources

      For the second quarter of 2026, the company anticipates: Earnings per share between $2.29 and $2.39.

    • 2026-Q1Multiple sources

      For the first quarter of 2026, the company anticipates: Earnings per share between $2.29 and $2.49.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
27higher = cheaper

Looks more expensive than peers.

Compared to its own history
92higher = cheaper

Cheaper than its own typical valuation.

P/E
32.8x
EV/EBITDA
25.8x
FCF yield
2.6%

P/E over the last 5 years

71 monthly points
fairas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
ETN
Eaton Corporation
+23fairmoderate
CAT
Caterpillar Inc.
+13expensivemoderate
GE
GE Aerospace
+11expensivemoderate
GEV
GE Vernova
+10fullmoderate
RTX
RTX Corporation
+20fairmoderate
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.2%
A bad day (95th %ile)
A rough but not unusual down day.
-3.0%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-19.1%
Earnings-day move
How much price usually moves on earnings day.
moderateas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If industrials sector trend rises from +0.05 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently NEW as of 2026-05-05)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently NEW as of 2026-05-05)-8.0 pts
  • If industrials sector trend falls from +0.05 into 'weakening' (<= -0.20)-5.0 pts
  • If growth state reverses from +0.25 (positive) to -0.25 (negative)-4.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-05-053d agoItem 2.02

    Results of Operations and Financial Condition. On May 5, 2026, Eaton Corporation plc issued a press release announcing its financial results for the quarter ended March 31, 2026. A copy of the press release is furnished with this Report as Exhibit 99.1 and is incorporated herein by reference.

    earnings preannouncementneutralscore 61
  2. 2026-03-022mo agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Chief Financial Officer Appointment On March 2, 2026, Eaton Corporation plc (the “Company”) announced that David B. Foster has been appointed on February 26, 2026 as Executive Vice President and Chief Financial Officer of Eaton Corporation, effective March 2, 2026 (the “Effective Date”). Mr. Foster will serve as the Company’s principal financial of…

    executive changeneutralscore 17
  3. 2026-03-101mo agoItem 2.03

    Creation of a Direct Financial Obligation or an Off-Balance Sheet Arrangement of a Registrant. On March 6, 2026, Eaton Corp closed its sale of 3.850% notes due 2028 in the principal amount of $1,500.0 million (the “ 2028 U.S. Notes ”); 3.950% notes due 2029 in the principal amount of $1,500.0 million (the “ 2029 U.S. Notes ”); 4.200% notes due 2031 in the principal amount of $1,500.0 million (the “ 2031 U.S. Notes ”); 4.500% notes due 2033 in the principal amount of $1,000.0 million (the “ 20…

    capital allocationnegativescore 13
  4. 2026-03-101mo agoItem 1.02

    Termination of a Material Definitive Agreement. On March 6, 2026, Eaton Corporation (“ Eaton Corp ”), a subsidiary of Eaton Corporation plc (the “ Company ”), terminated the $8,000,000,000 term credit agreement (the “ Term Credit Agreement ”) entered into on February 6, 2026 with the Company, Eaton Capital Unlimited Company (“ Eaton Capital ”), a subsidiary of the Company, and certain other subsidiaries of the Company that become eligible borrowers, certain subsidiaries of the Company as guar…

    mna activitynegativescore 13
  5. 2026-03-022mo agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On February 25, 2026, the Compensation and Organization Committee (the “Committee”) of the Board of Directors of Eaton Corporation plc (the “Company”) established corporate performance criteria that will be used to determine the amount of 2026 executive incentive compensation awards that will be paid, if earned, after the end of the annual performa…

    executive changeneutralscore 12
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-26 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.