Eaton ETN
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Eaton (ETN) Business Model and Operations Summary
Founded in 1911 by Joseph Eaton, the eponymous company began by selling truck axles in New Jersey. Eaton has since become an industrial powerhouse largely through acquisitions in various end markets. Eaton's portfolio can broadly be divided into two parts: its electrical and industrial businesses. Its electrical portfolio (representing around 70% of company revenue) sells components within data centers, utilities, and commercial and residential buildings, while its industrial business (30% of revenue) sells components within commercial and passenger vehicles and aircraft. Eaton receives favorable tax treatment as a domiciliary of Ireland, but it generates over half of its revenue within the US.
Key Insights
Eaton (ETN) Core Market Data and Business Metrics
Latest Closing Price
$276.7Market Cap
$108.11 BillionPrice-Earnings Ratio
29.44Total Outstanding Shares
391.77 Million SharesTotal Employees
94,000Dividend
$1.04 Per Share QuarterlyIPO Date
December 1, 1948SIC Description
Misc Industrial & Commercial Machinery & EquipmentPrimary Exchange
New York Stock ExchangeHeadquarters
30 Pembroke Road, Dublin, L2, DUBLIN 4
Historical Stock Splits
If you bought 1 share of ETN before February 24, 2004, you'd have 2 shares today.
| Execution Date | Split Amount |
|---|---|
| February 24, 2004 | 2-for-1 |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities | $-3.06 Billion |
| Exchange Gains/Losses | $-54 Million |
| Net Cash Flow From Operating Activities, Continuing | $4.03 Billion |
| Net Cash Flow From Financing Activities, Continuing | $-3.06 Billion |
| Net Cash Flow From Investing Activities | $-779 Million |
| Net Cash Flow | $191 Million |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Other Operating Expenses | $-2 Million |
| Net Income/Loss Attributable To Parent | $3.77 Billion |
| Net Income/Loss Attributable To Noncontrolling Interest | $4 Million |
| Preferred Stock Dividends And Other Adjustments | $0 |
| Income Tax Expense/Benefit | $713 Million |
| Revenues | $24.61 Billion |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss | $3.75 Billion |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss Attributable To Parent | $3.75 Billion |
| Other Comprehensive Income/Loss Attributable To Parent | $-19 Million |
| Other Comprehensive Income/Loss | $-19 Million |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Other Non-current Assets | $18.56 Billion |
| Accounts Payable | $3.61 Billion |
| Liabilities | $20.07 Billion |
| Assets | $39.24 Billion |
| Other Current Liabilities | $3.65 Billion |
| Other Non-current Liabilities | $2.74 Billion |
Historical Dividends
Current dividend: $1.04 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 27, 2025 | Mar 28, 2025 | Mar 10, 2025 | $1.04 | Quarterly |
| Oct 22, 2024 | Nov 22, 2024 | Nov 4, 2024 | $0.94 | Quarterly |
| Jul 24, 2024 | Aug 23, 2024 | Aug 5, 2024 | $0.94 | Quarterly |
| Apr 23, 2024 | May 24, 2024 | May 6, 2024 | $0.94 | Quarterly |
| Feb 29, 2024 | Mar 29, 2024 | Mar 11, 2024 | $0.94 | Quarterly |
| Oct 24, 2023 | Nov 24, 2023 | Nov 6, 2023 | $0.86 | Quarterly |