ETN
Eaton Corp -NPV- (ETN)
NYSE
$368.56+$2.45 (+0.67%)
Price as of Oct 23, 2026 7:59 PM EDT
  • $143.3B
    Market Cap
  • -1.63%
    1-Year Change
  • Specialty Industrial Machinery
    Industry

Key Performance

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  • Earnings Score: 42
  • Momentum Score: 64
  • True Yield: 45
  • Financial Health Score: 25
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Latest Research & News

Middle East & Africa Industrial Filters Market Size, Share, Trends, and Forecast, 2021 - 2031 | Market to Reach US$5.06 Billion as Water Reuse and Smart Filtration Drive 6.0% CAGR

The Middle East and Africa industrial filters market is projected to grow from US$3.41 billion in 2024 to US$5.06 billion by 2031, driven by rapid industrialization, water scarcity, environmental regulations, and advances in smart filtration technology. Key growth sectors include oil and gas, petrochemicals, manufacturing, and water treatment, with major players leveraging product innovation, M&A, and geographic expansion.

10/21/2026, 4:52 AM • GlobeNewswire

AI Needs More Power Than the Grid Can Give, and These 7 Stocks Sell the Fix

AI data centers face a significant electricity shortage, with the U.S. alone projected to have a 32-gigawatt shortfall by 2028. The article identifies seven stocks positioned to benefit from this power crisis: utility companies with nuclear capabilities (Constellation Energy, NextEra Energy, Vistra), equipment manufacturers for power generation and management (GE Vernova, Bloom Energy, Eaton, Vertiv). These companies are capitalizing on growing demand for alternative power solutions and energy-efficient infrastructure.

10/15/2026, 8:30 AM • The Motley Fool

AI Data Centers Are Power Hungry. These 6 Power and Cooling Stocks Could Benefit Through 2030.

AI power demand is expected to double between 2024 and 2030, reaching 945 terawatt-hours annually. This massive growth in electricity consumption presents significant investment opportunities across the power and cooling supply chain, benefiting companies that provide fuel cells, electrical components, cooling systems, turbines, and utility services.

10/10/2026, 9:15 AM • The Motley Fool

Data Centers Are Running Out of Transformers. Here's the Industrial Stock With a 3-Year Backlog.

Power transformers have become a critical bottleneck in the AI race, with major manufacturers like Eaton experiencing unprecedented demand and multi-year backlogs. Eaton reported record Q2 sales of $8.5 billion (up 21% YoY) with data center revenue growing 65%. The company is separating its Mobility division and combining it with Dana Incorporated to focus on higher-growth electrical and aerospace businesses.

10/08/2026, 8:15 AM • The Motley Fool

Data Center Energy Storage Systems Market to Reach USD 10.48 Billion by 2032, at a CAGR of 12.5% — MarketsandMarkets™

The global data center energy storage systems market is projected to grow from USD 5.17 billion in 2026 to USD 10.48 billion by 2032 at a 12.5% CAGR, driven by rising AI workloads, hyperscale data centers, and renewable energy integration. Supercapacitors are the fastest-growing technology segment at 16.5% CAGR, while Asia Pacific is the fastest-growing region. Key players include Tesla, Panasonic, Samsung SDI, LG Energy Solution, CATL, and BYD.

10/07/2026, 10:00 AM • GlobeNewswire

Intuitive Machines vs. Vertiv: Which Industrials Stock Is a Better Buy in 2026?

The article compares two industrial stocks: Intuitive Machines (LUNR), which provides lunar infrastructure and NASA contracts, versus Vertiv (VRT), which supplies cooling and power systems for AI data centers. While Intuitive Machines shows strong growth potential with a $1.1B order backlog and expected 2026 revenue to quadruple, it faces high risk from government concentration and speculative lunar markets. Vertiv demonstrates more predictable growth with 28% revenue increase, $1.9B free cash flow, and lower valuation multiples. The article recommends Vertiv as the better buy due to its lower forward P/E ratio, more stable market demand, and stronger financial fundamentals.

09/15/2026, 7:12 PM • The Motley Fool

Every Hyperscaler Raised Capex Again. These 3 Boring Industrials Get Paid No Matter Who Wins the AI Race.

Major tech companies (Alphabet, Amazon, Meta) are significantly increasing capital expenditures for AI infrastructure. Rather than betting on which tech company will succeed, investors can gain exposure to the AI boom through industrial companies that supply essential infrastructure—power generation, electrical systems, and cooling hardware—regardless of which tech platform dominates.

09/04/2026, 7:30 AM • The Motley Fool

Commercial Vehicle Clutches Market Outlook 2026-2030 - Featuring Profiles of Leading Companies Eaton, ZF Friedrichshafen, and Valeo

The global commercial vehicle clutches market is projected to grow from $5.49 billion in 2025 to $7.96 billion by 2030, driven by e-commerce logistics expansion, heavy-duty fleet demand, and vehicle electrification. Key growth factors include rising truck sales (266,752 units in U.S. in 2023), increased freight activity, and product innovations in high-torque durability and advanced friction materials.

08/28/2026, 4:31 AM • GlobeNewswire

This Earnings Season Confirmed the AI Power Bottleneck Is Real. Here Are the Industrial Winners Hiding in Plain Sight.

While mega-cap tech stocks have dominated AI investment, industrial companies providing essential infrastructure for data centers are quietly benefiting. Eaton Corporation, Vertiv Holdings, and Cummins are positioned as 'picks-and-shovels' winners, offering exposure to AI growth through power distribution, cooling solutions, and backup generation systems, with attractive valuations compared to traditional tech stocks.

08/27/2026, 6:10 AM • The Motley Fool

Morgan Stanley Says AI Data Centers Face a 38-Gigawatt Power Gap. These Industrial Stocks Fill It.

Morgan Stanley estimates U.S. data centers will need 68 gigawatts of power by 2026-2028, with a 38-gigawatt shortfall. This creates significant opportunities for industrial companies supplying power generation, distribution, and cooling equipment. GE Vernova, Eaton, and Vertiv are positioned to benefit from surging demand for turbines, electrical infrastructure, and thermal management systems needed to close the power gap.

08/20/2026, 8:05 AM • The Motley Fool

Better AI Infrastructure Stock: Vertiv vs. Eaton

As tech giants plan to spend over $1 trillion on AI infrastructure by 2027, Vertiv and Eaton emerge as top beneficiaries. Vertiv is a pure-play AI infrastructure specialist focusing on data center power and cooling solutions, trading at 40x forward earnings with projected 40% annual EPS growth. Eaton is a diversified legacy electrical supplier pivoting to chip-to-grid infrastructure with 33x forward earnings and 15.5% projected annual growth. Conservative investors should consider Eaton for diversification, while aggressive investors seeking higher growth should favor Vertiv.

08/12/2026, 5:20 AM • The Motley Fool

Cleanroom Lighting Market Size to Hit USD 1.54 Billion by 2035 | Research by SNS Insider

The global cleanroom lighting market, valued at USD 0.90 billion in 2025, is expected to grow to USD 1.54 billion by 2035 at a CAGR of 5.5%. Growth is driven by semiconductor fab expansion, regulatory compliance requirements, and adoption of smart LED technologies with IoT monitoring. Asia Pacific leads the market, while North America shows the fastest growth potential.

07/24/2026, 3:30 AM • GlobeNewswire

Mark Zuckerberg's Meta and Other Hyperscalers Face a Major Bottleneck. Here Are 2 Industrial Stocks That Will Benefit

As Meta and other tech giants rapidly expand AI data center capacity, industrial suppliers Caterpillar and Eaton are experiencing significant growth. Caterpillar's backlog reached a record $63 billion (up 79% year-over-year) driven by demand for earth-moving equipment and power generators, while Eaton's Americas division backlog grew over 40% with order growth at 60%, fueled by AI infrastructure demand. Both companies are well-positioned to benefit from the ongoing data center construction boom, though their valuations are elevated at 45x and 38x P/E ratios respectively.

07/18/2026, 9:15 PM • The Motley Fool

Hazardous Area Equipment Market Size to Hit USD 25.28 Billion by 2035 | Research by SNS Insider

The global Hazardous Area Equipment Market, valued at USD 13.50 Billion in 2025, is expected to grow to USD 25.28 Billion by 2035 at a CAGR of 6.48%. Growth is driven by stringent industrial safety regulations (ATEX, IECEx, OSHA), adoption of explosion-proof equipment, and smart monitoring technologies. Asia Pacific leads with 39% market share, while North America is expected to witness the highest growth rate during the forecast period.

07/15/2026, 3:30 AM • GlobeNewswire

Key Material Innovations in Reflector Manufacturing: Aluminum Die Casting, Engineered Composites, and More

The global lighting fixture reflector market is projected to grow from USD 2.00 billion in 2025 to USD 4.23 billion by 2032 at a CAGR of 11.25%. Growth is driven by LED optical advances, modular design preferences, and sustainability demands. However, US tariffs are increasing procurement complexity and encouraging material substitution and supplier consolidation.

07/14/2026, 4:19 AM • GlobeNewswire

Peers

Statistics

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Day Range
$358.51
$371.31
$366.11
1-Year Range
$315.82
$459.96
$366.11
Latest Close$366.11
Change
-$2.88 (-0.79%)
Volume2,266,921
Market Cap$143.3B
Shares Outstanding388.4M
P/E (TTM)37.56
Diluted EPS (TTM)$9.82
Enterprise Value$163.4B

Information as of 10/23/2026

Company Profile

EATON CORP PLC
EATON CORP PLC
https://www.eaton.com
$143.3B
Market Cap
$3.8B
Net Income
Sector: Industrials
Industry: Specialty Industrial Machinery
Eaton House, Dublin, Ireland, D04 Y0C2
353 1 637 2900

Eaton Corporation plc operates as a power management company in the United States, Canada, Latin America, Europe, and the Asia Pacific. It operates through Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility segments. The company offers electrical and industrial components, power distribution and assemblies, residential products, single- and three-phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, and power reliability equipment; and hazardous duty electrical equipment, emergency lighting, fire detection, intrinsically safe explosion-proof instrumentation, and structural support systems. It also provides pumps, motors, hydraulic power units, hoses and fittings, and electro-hydraulic pumps; valves, cylinders, electronic controls, electromechanical actuators, sensors, aircraft flap and slat systems, and nose wheel steering systems; hose and thermoplastic tubing products, fittings, adapters, couplings, and sealing and ducting products; air-to-air refueling systems, fuel pumps, fuel inerting products, sensors, and adapters and regulators; oxygen generation systems, payload carriages, and thermal management products; wiring connectors and cables; and hydraulic and bag filters, strainers and cartridges, and golf grips for manufacturers of commercial and military aircraft, related aftermarket customers, and industrial applications. In addition, the company offers transmissions, clutches, hybrid power systems, superchargers, engine valves and valve actuation systems, locking and limited slip differentials, transmission controls, and fuel vapor components for the vehicle industry; and voltage inverters, converters, fuses, circuit protection units, vehicle controls, power distribution systems, fuel tank isolation valves, and commercial vehicle hybrid systems. The company was formerly known as Abeiron Limited. The company was founded in 1911 and is based in Dublin, Ireland.

Key Executives

  • Paulo Ruiz Sternadt
  • David Foster
  • Lucy Clark Dougherty
  • Heath Monesmith
  • Kaled H. Awada

Current Ownership Distribution

  • Institutions6.2B (67.32%)
  • Mutual Funds3.0B (32.66%)
  • Insiders1.9M (0.02%)
  • Other0 (0.00%)