Eaton Corporation PLC (3EC) - Net Assets

Latest as of March 2026: €19.77 Billion EUR ≈ $23.11 Billion USD

Based on the latest financial reports, Eaton Corporation PLC (3EC) has net assets worth €19.77 Billion EUR (≈ $23.11 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€55.09 Billion ≈ $64.40 Billion USD) and total liabilities (€35.32 Billion ≈ $41.29 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible equity quality of Eaton Corporation PLC to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets €19.77 Billion
% of Total Assets 35.88%
Annual Growth Rate 2.99%
5-Year Change 18.35%
10-Year Change N/A
Growth Volatility 7.66

Eaton Corporation PLC - Net Assets Trend (2016–2025)

This chart illustrates how Eaton Corporation PLC's net assets have evolved over time, based on quarterly financial data. See 3EC defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Eaton Corporation PLC (2016–2025)

The table below shows the annual net assets of Eaton Corporation PLC from 2016 to 2025. For live valuation and market cap data, see 3EC company net worth.

Year Net Assets Change
2025-12-31 €19.47 Billion
≈ $22.76 Billion		 +5.06%
2024-12-31 €18.53 Billion
≈ $21.66 Billion		 -2.82%
2023-12-31 €19.07 Billion
≈ $22.29 Billion		 +11.68%
2022-12-31 €17.07 Billion
≈ $19.96 Billion		 +3.79%
2021-12-31 €16.45 Billion
≈ $19.23 Billion		 +9.87%
2020-12-31 €14.97 Billion
≈ $17.51 Billion		 -7.19%
2019-12-31 €16.13 Billion
≈ $18.86 Billion		 -0.06%
2018-12-31 €16.14 Billion
≈ $18.87 Billion		 -6.64%
2017-12-31 €17.29 Billion
≈ $20.21 Billion		 +15.72%
2016-12-31 €14.94 Billion
≈ $17.47 Billion		 --

Equity Component Analysis

This analysis shows how different components contribute to Eaton Corporation PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 41.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings €10.70 Billion 55.09%
Other Components €8.72 Billion 44.91%
Total Equity €19.43 Billion 100.00%

Eaton Corporation PLC Competitors by Market Cap

The table below lists competitors of Eaton Corporation PLC ranked by their market capitalization.

Company Market Cap
IBERDROLA ADR/1 EO 3
F:IBE5
 $132.13 Billion
Deutsche Telekom AG
F:DTEA
 $133.05 Billion
Eaton Corporation PLC
NYSE:ETN
 $133.05 Billion
Walt Disney Company DRC
BA:DISN
 $134.14 Billion
Anheuser Busch Inbev SA NV
BR:ABI
 $131.36 Billion
Iberdrola S.A.
MC:IBE
 $131.27 Billion
ConocoPhillips
NYSE:COP
 $131.26 Billion
Sumitomo Mitsui Financial Group Inc
NYSE:SMFG
 $130.14 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Eaton Corporation PLC's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 18,488,000,000 to 19,425,000,000, a change of 937,000,000 (5.1%).
  • Net income of 4,087,000,000 contributed positively to equity growth.
  • Dividend payments of 1,626,000,000 reduced retained earnings.
  • Share repurchases of 1,862,000,000 reduced equity.
  • Other factors increased equity by 338,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income €4.09 Billion +21.04%
Dividends Paid €1.63 Billion -8.37%
Share Repurchases €1.86 Billion -9.59%
Other Changes €338.00 Million +1.74%
Total Change €- 5.07%

Book Value vs Market Value Analysis

This analysis compares Eaton Corporation PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 7.36x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 9.40x to 7.36x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 €39.22 €368.60 x
2018-12-31 €38.02 €368.60 x
2019-12-31 €38.91 €368.60 x
2020-12-31 €37.50 €368.60 x
2021-12-31 €41.18 €368.60 x
2022-12-31 €42.83 €368.60 x
2023-12-31 €47.67 €368.60 x
2024-12-31 €47.06 €368.60 x
2025-12-31 €50.08 €368.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Eaton Corporation PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 21.04%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.89%
  • • Asset Turnover: 0.67x
  • • Equity Multiplier: 2.12x
  • Recent ROE (21.04%) is above the historical average (15.27%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 12.90% 9.73% 0.65x 2.04x €432.30 Million
2017 17.30% 14.63% 0.63x 1.89x €1.26 Billion
2018 13.32% 9.93% 0.70x 1.93x €534.30 Million
2019 13.75% 10.34% 0.65x 2.04x €602.80 Million
2020 9.44% 7.90% 0.56x 2.13x €-83.00 Million
2021 13.06% 10.92% 0.58x 2.07x €502.70 Million
2022 14.45% 11.86% 0.59x 2.06x €758.20 Million
2023 16.90% 13.87% 0.60x 2.02x €1.31 Billion
2024 20.52% 15.25% 0.65x 2.08x €1.95 Billion
2025 21.04% 14.89% 0.67x 2.12x €2.14 Billion

Industry Comparison

This section compares Eaton Corporation PLC's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $7,056,228,166
  • Average return on equity (ROE) among peers: 9.75%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Eaton Corporation PLC (3EC) €19.77 Billion 12.90% 1.79x $131.40 Billion
DB ENERGY S.A. ZY -10 (0CJ) $25.54 Million -27.39% 1.77x $6.87 Million
MORIMATSU INT.H.C. (HK) (1S5) $2.01 Billion 19.02% 1.84x $983.88 Million
2G Energy AG (2GB) $24.57 Million 26.33% 1.01x $670.96 Million
M+S HIDRAVLIK AD BW 1 (8Q3) $130.35 Million 27.36% 0.27x $197.17 Million
MERUS POWER OYJ EO 1 (99H) $10.40 Million -10.72% 1.77x $35.09 Million
Aumann AG (AAG) $203.16 Million 5.41% 0.61x $174.31 Million
Atlas Copco A ADR (ACO) $53.53 Billion 27.61% 1.12x $64.34 Billion
ATS CORP. (ATO0) $1.68 Billion 11.50% 1.43x $2.77 Billion
Chongqing Machinery & Electric Co. Ltd (CE3) $5.89 Billion 8.61% 1.18x $349.86 Million

About Eaton Corporation PLC

F:3EC Germany Specialty Industrial Machinery
Market Cap
$167.33 Billion
€143.13 Billion EUR
Market Cap Rank
#176 Global
#33 in Germany
Share Price
€368.60
Change (1 day)
+1.85%
52-Week Range
€267.10 - €369.10
All Time High
€369.10
Categories
Companies in Germany Specialty Industrial Machinery
About

Eaton Corporation plc operates as a power management company in the United States, Canada, Latin America, Europe, and the Asia Pacific. The company operates through Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility segments. It offers electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality … Read more