Eaton Corporation plc operates as a power management company worldwide. It operates through Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility segments. The company offers electrical components, 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, power reliability equipment; and hazardous duty electrical equipment, emergency lighting, fire … Read more
Eaton Corporation PLC (ETN) - Net Assets
Latest net assets as of March 2025: $18.55 Billion USD
Based on the latest financial reports, Eaton Corporation PLC (ETN) has net assets worth $18.55 Billion USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($39.21 Billion) and total liabilities ($20.66 Billion). 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.
Key Net Assets Metrics
| Current Net Assets | $18.55 Billion | % of Total Assets | 47.31% |
|---|---|---|---|
| Annual Growth Rate | 6.86% | 5-Year Change | 23.76% |
| 10-Year Change | 21.67% | Growth Volatility | 20.48 |
Eaton Corporation PLC - Net Assets Trend (1985–2024)
This chart illustrates how Eaton Corporation PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Eaton Corporation PLC (1985–2024)
The table below shows the annual net assets of Eaton Corporation PLC from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $18.53 Billion | -2.82% |
| 2023-12-31 | $19.07 Billion | +11.67% |
| 2022-12-31 | $17.08 Billion | +3.80% |
| 2021-12-31 | $16.45 Billion | +9.87% |
| 2020-12-31 | $14.97 Billion | -7.19% |
| 2019-12-31 | $16.13 Billion | -0.06% |
| 2018-12-31 | $16.14 Billion | -6.64% |
| 2017-12-31 | $17.29 Billion | +15.72% |
| 2016-12-31 | $14.94 Billion | -1.90% |
| 2015-12-31 | $15.23 Billion | -3.84% |
| 2014-12-31 | $15.84 Billion | -6.07% |
| 2013-12-31 | $16.86 Billion | +11.27% |
| 2012-12-31 | $15.15 Billion | +102.28% |
| 2011-12-31 | $7.49 Billion | +1.20% |
| 2010-12-31 | $7.40 Billion | +8.58% |
| 2009-12-31 | $6.82 Billion | +7.93% |
| 2008-12-31 | $6.32 Billion | +22.14% |
| 2007-12-31 | $5.17 Billion | +25.96% |
| 2006-12-31 | $4.11 Billion | +8.68% |
| 2005-12-31 | $3.78 Billion | +4.77% |
| 2004-12-31 | $3.61 Billion | +15.69% |
| 2003-12-31 | $3.12 Billion | +35.40% |
| 2002-12-31 | $2.30 Billion | -6.99% |
| 2001-12-31 | $2.48 Billion | +2.70% |
| 2000-12-31 | $2.41 Billion | -8.16% |
| 1999-12-31 | $2.62 Billion | +27.56% |
| 1998-12-31 | $2.06 Billion | -0.68% |
| 1997-12-31 | $2.07 Billion | -4.12% |
| 1996-12-31 | $2.16 Billion | +9.37% |
| 1995-12-31 | $1.98 Billion | +17.56% |
| 1994-12-31 | $1.68 Billion | +52.04% |
| 1993-12-31 | $1.10 Billion | +16.56% |
| 1992-12-31 | $948.00 Million | -17.78% |
| 1991-12-31 | $1.15 Billion | +1.14% |
| 1990-12-31 | $1.14 Billion | -0.41% |
| 1989-12-31 | $1.14 Billion | -1.20% |
| 1988-12-31 | $1.16 Billion | +7.69% |
| 1987-12-31 | $1.08 Billion | -14.30% |
| 1986-12-31 | $1.26 Billion | -10.01% |
| 1985-12-31 | $1.40 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 794.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $10.10 Billion | 54.61% |
| Common Stock | $4.00 Million | 0.02% |
| Other Components | $8.39 Billion | 45.37% |
| Total Equity | $18.49 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 |
|---|---|
|
Micron Technology Inc
NASDAQ:MU
|
$127.56 Billion |
|
Danaher Corporation
NYSE:DHR
|
$128.28 Billion |
|
Comcast Corp
NASDAQ:CMCSA
|
$130.10 Billion |
|
Shopify Inc
TO:SHOP
|
$130.46 Billion |
|
Lowe's Cos.
LSE:0JVQ
|
$123.99 Billion |
|
BHP Group Limited
NYSE:BHP
|
$123.69 Billion |
|
Ping An Insurance Company of China
PINK:PNGAY
|
$123.47 Billion |
|
Automatic Data Processing Inc
NASDAQ:ADP
|
$122.72 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 2023 to 2024, total equity changed from 19,036,000,000 to 18,488,000,000, a change of -548,000,000 (-2.9%).
- Net income of 3,794,000,000 contributed positively to equity growth.
- Dividend payments of 1,500,000,000 reduced retained earnings.
- Share repurchases of 2,492,000,000 reduced equity.
- Other comprehensive income increased equity by 3,907,000,000.
- Other factors decreased equity by 4,257,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.79 Billion | +20.52% |
| Dividends Paid | $1.50 Billion | -8.11% |
| Share Repurchases | $2.49 Billion | -13.48% |
| Other Comprehensive Income | $3.91 Billion | +21.13% |
| Other Changes | $-4.26 Billion | -23.03% |
| Total Change | $ -548.00 Million | -2.88% |
Book Value vs Market Value Analysis
This analysis compares Eaton Corporation PLC's book value (net assets per share) with its market price over time, revealing how the market values the company relative to its accounting value.
Valuation Insights
- Current price-to-book ratio: 7.40x
- 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 101.18x to 7.40x over the analyzed period, indicating reduced market premium.
Price-to-Book Ratio History
| Year | Book Value Per Share | Market Price | Price-to-Book Ratio |
|---|---|---|---|
| 1985 | $3.38 | $342.35 | 101.18x |
| 1986 | $3.17 | $342.35 | 107.98x |
| 1987 | $3.13 | $342.35 | 109.44x |
| 1988 | $3.89 | $342.35 | 87.98x |
| 1989 | $3.83 | $342.35 | 89.38x |
| 1990 | $4.03 | $342.35 | 84.99x |
| 1991 | $4.28 | $342.35 | 79.90x |
| 1992 | $3.44 | $342.35 | 99.41x |
| 1993 | $3.62 | $342.35 | 94.59x |
| 1994 | $5.56 | $342.35 | 61.62x |
| 1995 | $6.35 | $342.35 | 53.94x |
| 1996 | $6.97 | $342.35 | 49.13x |
| 1997 | $6.62 | $342.35 | 51.71x |
| 1998 | $7.07 | $342.35 | 48.40x |
| 1999 | $8.90 | $342.35 | 38.46x |
| 2000 | $8.30 | $342.35 | 41.25x |
| 2001 | $8.78 | $342.35 | 39.01x |
| 2002 | $8.03 | $342.35 | 42.65x |
| 2003 | $10.36 | $342.35 | 33.06x |
| 2004 | $11.48 | $342.35 | 29.83x |
| 2005 | $12.27 | $342.35 | 27.91x |
| 2006 | $13.43 | $342.35 | 25.50x |
| 2007 | $17.21 | $342.35 | 19.90x |
| 2008 | $19.46 | $342.35 | 17.59x |
| 2009 | $20.18 | $342.35 | 16.96x |
| 2010 | $21.68 | $342.35 | 15.79x |
| 2011 | $21.79 | $342.35 | 15.71x |
| 2012 | $43.07 | $342.35 | 7.95x |
| 2013 | $35.22 | $342.35 | 9.72x |
| 2014 | $33.11 | $342.35 | 10.34x |
| 2015 | $32.51 | $342.35 | 10.53x |
| 2016 | $32.63 | $342.35 | 10.49x |
| 2017 | $38.60 | $342.35 | 8.87x |
| 2018 | $36.87 | $342.35 | 9.29x |
| 2019 | $38.22 | $342.35 | 8.96x |
| 2020 | $36.96 | $342.35 | 9.26x |
| 2021 | $40.87 | $342.35 | 8.38x |
| 2022 | $42.51 | $342.35 | 8.05x |
| 2023 | $47.46 | $342.35 | 7.21x |
| 2024 | $46.29 | $342.35 | 7.40x |
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): 20.52%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.25%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 2.08x
- Recent ROE (20.52%) is above the historical average (14.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 16.55% | 6.28% | 1.31x | 2.02x | $91.39 Million |
| 1986 | 10.96% | 3.61% | 1.26x | 2.41x | $12.06 Million |
| 1987 | 18.70% | 6.41% | 1.04x | 2.81x | $93.61 Million |
| 1988 | 19.85% | 6.63% | 1.14x | 2.62x | $114.14 Million |
| 1989 | 19.65% | 6.13% | 1.20x | 2.67x | $110.43 Million |
| 1990 | 15.70% | 4.92% | 1.21x | 2.64x | $65.00 Million |
| 1991 | 6.42% | 2.19% | 1.10x | 2.68x | $-41.30 Million |
| 1992 | -13.50% | -3.31% | 1.25x | 3.27x | $-222.80 Million |
| 1993 | 16.92% | 4.25% | 1.35x | 2.96x | $76.50 Million |
| 1994 | 19.82% | 5.50% | 1.29x | 2.79x | $165.00 Million |
| 1995 | 20.20% | 5.85% | 1.35x | 2.56x | $201.50 Million |
| 1996 | 16.16% | 5.01% | 1.31x | 2.46x | $133.00 Million |
| 1997 | 19.80% | 5.42% | 1.38x | 2.64x | $202.90 Million |
| 1998 | 16.97% | 5.27% | 1.17x | 2.75x | $143.30 Million |
| 1999 | 23.51% | 7.34% | 1.00x | 3.22x | $354.60 Million |
| 2000 | 18.80% | 5.45% | 1.02x | 3.39x | $212.00 Million |
| 2001 | 6.83% | 2.32% | 0.95x | 3.09x | $-78.50 Million |
| 2002 | 12.21% | 3.90% | 1.01x | 3.10x | $50.80 Million |
| 2003 | 12.38% | 4.79% | 0.98x | 2.64x | $74.30 Million |
| 2004 | 17.97% | 6.60% | 1.08x | 2.52x | $287.40 Million |
| 2005 | 21.31% | 7.24% | 1.09x | 2.70x | $427.20 Million |
| 2006 | 23.14% | 7.68% | 1.08x | 2.78x | $539.40 Million |
| 2007 | 19.22% | 7.63% | 0.97x | 2.60x | $476.80 Million |
| 2008 | 16.75% | 6.88% | 0.92x | 2.64x | $426.30 Million |
| 2009 | 5.65% | 3.23% | 0.73x | 2.40x | $-294.70 Million |
| 2010 | 12.62% | 6.77% | 0.79x | 2.34x | $192.80 Million |
| 2011 | 18.07% | 8.41% | 0.90x | 2.39x | $603.10 Million |
| 2012 | 8.05% | 7.46% | 0.45x | 2.40x | $-294.30 Million |
| 2013 | 11.08% | 8.44% | 0.62x | 2.11x | $181.90 Million |
| 2014 | 11.36% | 7.95% | 0.67x | 2.12x | $214.40 Million |
| 2015 | 13.03% | 9.49% | 0.67x | 2.04x | $460.40 Million |
| 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 |
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: $53,869,961,469
- Average return on equity (ROE) among peers: 0.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eaton Corporation PLC (ETN) | $18.55 Billion | 16.55% | 1.11x | $126.65 Billion |
| American Commerce Solutions Inc (AACS) | $2.58 Million | -59.73% | 1.51x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-5.34 Million | 0.00% | 0.00x | $2.45 Million |
| ABB Turbo Systems AG (ACLIF) | $349.19 Million | 48.71% | 2.53x | $4.31 Billion |
| Agfa-Gevaert NV (AFGVF) | $561.00 Million | -39.75% | 2.13x | $112.23 Million |
| Alphaform AG (AFRMF) | $20.10 Million | 10.84% | 0.10x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-8.71 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $29.07 Billion | 12.22% | 1.09x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $508.52 Billion | 6.72% | 0.27x | $3.37 Billion |
| Ametek Inc (AME) | $73.20 Million | 42.35% | 5.86x | $40.89 Billion |
| American Superconductor Corporation (AMSC) | $116.59 Million | -19.45% | 0.45x | $1.19 Billion |