Last Price$278.5(5.1%)
Market Cap$113.4B
LTM EBIT to Interest coverage
65.5x
5Y avg
21.0x
Industrial - Machinery industry
median
7.5x
Stock quality & Intrinsic value
7/10
(0.4%) overvalued
Eaton Corporation plc EBIT to Interest coverage
Annual
Quarterly
LTM
Industry median
Company stand-alone
Crunching data... Almost there!
| Dec'04 | Dec'05 | Dec'06 | Dec'07 | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBIT to Interest coverage | 0.0x | 0.0x | 0.0x | 8.0x | 8.0x | 3.0x | 8.6x | 13.8x | 7.4x | 7.9x | 10.8x | 10.1x | 9.7x | 10.2x | 10.9x | 8.2x | 5.8x | 10.4x | 14.4x | 25.7x |
Overvalued or undervalued?
Check the intrinsic value for ETN
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Eaton Corporation plc (ETN) EBIT to Interest coverage comparison analysis
General
LTM EBIT to Interest coverage
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
Eaton Corporation plcETN
65.5x
11.8%
30.4%
13.9%
Median Peer Set
8.4x
5.9%
24.3%
12.9%
AMETEK, Inc.AME
25.8x
7.3%
13.1%
19.9%
Otis Worldwide CorporationOTIS
17.1x
0.4%
19.9%
11.5%
Illinois Tool Works Inc.ITW
15.1x
(1.3%)
20.6%
21.9%
Cummins Inc.CMI
9.6x
0.1%
446.6%
11.6%
Howmet Aerospace Inc.HWM
9.1x
11.9%
53.5%
15.5%
Rockwell Automation, Inc.ROK
7.8x
(8.8%)
(25.2%)
11.5%
Roper Technologies, Inc.ROP
7.7x
15.0%
39.4%
22.4%
Ingersoll Rand Inc.IR
6.5x
16.2%
28.0%
11.3%
Parker-Hannifin CorporationPH
4.5x
4.5%
36.4%
14.3%
Emerson Electric Co.EMR
(0.6x)
15.3%
(85.1%)
11.3%
ETN key stats
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Dec'04 | Dec'05 | Dec'06 | Dec'07 | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 9,817.0 0.0% | 11,115.0 13.2% | 12,370.0 11.3% | 13,033.0 5.4% | 15,376.0 18.0% | 11,873.0 (22.8%) | 13,715.0 15.5% | 16,049.0 17.0% | 16,311.0 1.6% | 22,046.0 35.2% | 22,552.0 2.3% | 20,855.0 (7.5%) | 19,747.0 (5.3%) | 20,404.0 3.3% | 21,609.0 5.9% | 21,390.0 (1.0%) | 17,858.0 (16.5%) | 19,628.0 9.9% | 20,752.0 5.7% | 23,196.0 11.8% |
| Cost of Goods Sold (COGS) | 7,082.0 | 8,012.0 | 9,050.0 | 9,382.0 | 11,191.0 | 8,782.0 | 9,633.0 | 11,261.0 | 11,448.0 | 15,369.0 | 15,646.0 | 14,292.0 | 13,400.0 | 13,756.0 | 14,511.0 | 14,338.0 | 12,408.0 | 13,293.0 | 13,865.0 | 14,763.0 |
% margin | 2,735.0 27.9% | 3,103.0 27.9% | 3,320.0 26.8% | 3,651.0 28.0% | 4,185.0 27.2% | 3,091.0 26.0% | 4,082.0 29.8% | 4,788.0 29.8% | 4,863.0 29.8% | 6,677.0 30.3% | 6,906.0 30.6% | 6,563.0 31.5% | 6,347.0 32.1% | 6,648.0 32.6% | 7,098.0 32.8% | 7,052.0 33.0% | 5,450.0 30.5% | 6,335.0 32.3% | 6,887.0 33.2% | 8,433.0 36.4% |
| Operating Expenses | 1,848.0 | 2,044.0 | 2,267.0 | 2,474.0 | 2,773.0 | 2,647.0 | 2,911.0 | 3,155.0 | 3,333.0 | 4,530.0 | 4,457.0 | 4,221.0 | 4,094.0 | 4,149.0 | 4,132.0 | 4,189.0 | 3,626.0 | 3,872.0 | 3,892.0 | 4,438.0 |
| Research & Development Expenses (R&D) | 261.0 | 287.0 | 321.0 | 335.0 | 417.0 | 395.0 | 425.0 | 417.0 | 439.0 | 644.0 | 647.0 | 625.0 | 589.0 | 584.0 | 584.0 | 606.0 | 551.0 | 616.0 | 665.0 | 754.0 |
| Selling, General & Administrative Expenses (SG&A) | 1,587.0 | 1,757.0 | 1,946.0 | 2,139.0 | 2,513.0 | 2,252.0 | 2,486.0 | 2,738.0 | 2,894.0 | 3,886.0 | 3,810.0 | 3,596.0 | 3,505.0 | 3,565.0 | 3,548.0 | 3,583.0 | 3,075.0 | 3,256.0 | 3,227.0 | 3,795.0 |
% margin | 887.0 9.0% | 1,059.0 9.5% | 1,053.0 8.5% | 1,177.0 9.0% | 1,255.0 8.2% | 444.0 3.7% | 1,171.0 8.5% | 1,633.0 10.2% | 1,530.0 9.4% | 2,147.0 9.7% | 2,449.0 10.9% | 2,342.0 11.2% | 2,253.0 11.4% | 2,499.0 12.2% | 2,966.0 13.7% | 1,943.0 9.1% | 863.0 4.8% | 1,501.0 7.6% | 2,077.0 10.0% | 3,885.0 16.7% |
| Interest Income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 13.0 | 272.0 | 221.0 | 144.0 | 88.0 | 0.0 |
| Interest Expense | 0.0 | 0.0 | 0.0 | 147.0 | 157.0 | 150.0 | 136.0 | 118.0 | 208.0 | 271.0 | 227.0 | 232.0 | 233.0 | 246.0 | 271.0 | 236.0 | 149.0 | 144.0 | 144.0 | 151.0 |
| Pre-tax Income | 781.0 | 996.0 | 989.0 | 1,041.0 | 1,128.0 | 303.0 | 1,036.0 | 1,553.0 | 1,251.0 | 1,884.0 | 1,761.0 | 2,145.0 | 2,127.0 | 3,368.0 | 2,424.0 | 2,591.0 | 1,746.0 | 2,896.0 | 2,911.0 | 3,827.0 |
% effective tax rate | 133.0 17.0% | 191.0 19.2% | 77.0 7.8% | 82.0 7.9% | 73.0 6.5% | (82.0) (27.1%) | 99.0 9.6% | 201.0 12.9% | 31.0 2.5% | 11.0 0.6% | (42.0) (2.4%) | 164.0 7.6% | 202.0 9.5% | 382.0 11.3% | 278.0 11.5% | 378.0 14.6% | 331.0 19.0% | 750.0 25.9% | 445.0 15.3% | 604.0 15.8% |
% margin | 648.0 6.6% | 805.0 7.2% | 950.0 7.7% | 994.0 7.6% | 1,058.0 6.9% | 383.0 3.2% | 929.0 6.8% | 1,350.0 8.4% | 1,217.0 7.5% | 1,861.0 8.4% | 1,793.0 8.0% | 1,979.0 9.5% | 1,922.0 9.7% | 2,985.0 14.6% | 2,145.0 9.9% | 2,211.0 10.3% | 1,410.0 7.9% | 2,144.0 10.9% | 2,462.0 11.9% | 3,218.0 13.9% |
| EPS | 2.12 | 2.68 | 3.16 | 3.38 | 3.30 | 1.16 | 2.76 | 3.98 | 3.54 | 3.93 | 3.78 | 4.23 | 4.21 | 6.71 | 4.94 | 5.28 | 3.51 | 5.38 | 6.18 | 8.06 |
| Diluted EPS | 2.07 | 2.62 | 3.11 | 3.31 | 3.26 | 1.14 | 2.73 | 3.93 | 3.46 | 3.90 | 3.76 | 4.22 | 4.20 | 6.68 | 4.91 | 5.25 | 3.49 | 5.34 | 6.14 | 8.02 |
% margin | 1,268.0 12.9% | 1,428.0 12.8% | 1,463.0 11.8% | 1,646.0 12.6% | 1,877.0 12.2% | 1,017.0 8.6% | 1,723.0 12.6% | 2,227.0 13.9% | 2,057.0 12.6% | 3,307.0 15.0% | 3,586.0 15.9% | 3,302.0 15.8% | 3,176.0 16.1% | 3,418.0 16.8% | 3,875.0 17.9% | 2,827.0 13.2% | 1,674.0 9.4% | 2,423.0 12.3% | 3,031.0 14.6% | 4,904.0 21.1% |
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FAQ
1) What is Eaton Corporation plc's EBIT to Interest coverage?
As of today, Microsoft Corp's last 12-month EBIT to Interest coverage is 65.5x, based on the financial report for Dec 31, 2024 (Q4’2024). The average annual EBIT to Interest coverage for Eaton Corporation plc have been 24.6x over the past three years, and 22.1x over the past five years.
2) Is Eaton Corporation plc's EBIT to Interest coverage Good?
As of today, Eaton Corporation plc's EBIT to Interest coverage is 65.5x, which is higher than industry median of 7.5x. It indicates that Eaton Corporation plc's EBIT to Interest coverage is Good.