Is ETN or HWM cheaper?

On trailing earnings, ETN is cheaper: ETN trades at a 39.50 P/E and HWM at 67.11.

Which has grown faster, ETN or HWM?

Over the past five years, HWM grew revenue faster — ETN at a 9.94% CAGR versus HWM at 12.27%.

Does ETN or HWM pay a bigger dividend?

ETN yields 1.06% and HWM yields 0.17% based on trailing dividends and the latest price.

Is ETN or HWM more profitable?

HWM runs the higher net margin — ETN at 13.99% versus HWM at 20.22%.

Which has been the better investment, ETN or HWM?

Over the past 10-year, HWM delivered the higher annualized total return — ETN at 23.29% versus HWM at 29.50%. Past performance doesn't predict future results.

Eaton Corporation plc (ETN) vs Howmet Aerospace Inc. (HWM)

HWM leads on 9 of 17 compared metrics, though ETN is the cheaper stock.

A side-by-side comparison of Eaton Corporation plc and Howmet Aerospace Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 25, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

ETN

Eaton Corporation plc

$156.90B

$404.07IndustrialsAt close: Jul 24, 2026, 4:00 PM ET

HWM

Howmet Aerospace Inc.

$115.74B

$289.26IndustrialsAt close: Jul 24, 2026, 4:00 PM ET

Total return — ETN vs HWM

growth of $100 · dividends reinvested · last 30y

ETN +7319.2%HWM +1801.7%ETN compounded faster

ETN HWM

ETN vs HWM: by the numbers

•ETN is the larger company ($156.90B vs $115.74B market cap).
•ETN trades at the lower earnings multiple (39.50 vs 67.11 P/E).
•HWM converts more revenue to profit (20.22% vs 13.99% net margin).
•HWM grew revenue faster over the past five years (12.27% vs 9.94% CAGR).
•ETN pays the higher dividend yield (1.06% vs 0.17%).

Which is better, ETN or HWM?

Metric tally: ETN 8 · HWM 9

It depends on what you're optimizing for:

ValueETN(lower P/E)

GrowthHWM(faster 5Y revenue CAGR)

IncomeETN(higher dividend yield)

QualityHWM(higher ROIC)

Metrics side by side

Valuation

Metric	ETN	HWM
P/E ratio	39.50●	67.11
Forward P/E	30.28●	57.12
P/S ratio	5.51●	13.52
P/B ratio	7.96●	21.11
PEG ratio	3.05	1.73●
EV / EBITDA	28.71●	44.32
FCF yield	2.99%●	1.23%

Profitability

Metric	ETN	HWM
Gross margin	36.89%●	32.56%
Operating margin	18.13%	27.75%●
Net margin	13.99%	20.22%●
ROE	20.19%	31.58%●
ROIC	13.14%	18.19%●

Dividends

Metric	ETN	HWM
Dividend yield	1.06%●	0.17%
Payout ratio	40.80%	12.87%

Growth (annualized)

Metric	ETN	HWM
Revenue CAGR (5Y)	9.94%	12.27%●
EPS CAGR (5Y)	24.48%	50.70%●
FCF CAGR (5Y)	13.57%	103.64%●
Total return CAGR (5Y)	22.78%	55.38%●

Frequently asked

Which is better, ETN or HWM?: It depends on your goal. value: ETN (lower P/E); growth: HWM (faster 5Y revenue CAGR); income: ETN (higher dividend yield); quality: HWM (higher ROIC). Across all compared metrics, HWM leads 9 to 8.
Is ETN or HWM cheaper?: On trailing earnings, ETN is cheaper: ETN trades at a 39.50 P/E and HWM at 67.11.
Which has grown faster, ETN or HWM?: Over the past five years, HWM grew revenue faster — ETN at a 9.94% CAGR versus HWM at 12.27%.
Does ETN or HWM pay a bigger dividend?: ETN yields 1.06% and HWM yields 0.17% based on trailing dividends and the latest price.
Is ETN or HWM more profitable?: HWM runs the higher net margin — ETN at 13.99% versus HWM at 20.22%.
Which has been the better investment, ETN or HWM?: Over the past 10-year, HWM delivered the higher annualized total return — ETN at 23.29% versus HWM at 29.50%. Past performance doesn't predict future results.

Go deeper

Full ETN analysis Full HWM analysis Interactive comparison tool

Dig into the metrics

Eaton P/E ratio Howmet Aerospace P/E ratio Eaton dividend yield Howmet Aerospace dividend yield Eaton ROE Howmet Aerospace ROE Eaton operating margin Howmet Aerospace operating margin Eaton revenue growth Howmet Aerospace revenue growth Eaton free cash flow Howmet Aerospace free cash flow

Eaton & Howmet Aerospace appear in these rankings

Highest ROE Stocks Highest ROIC Stocks Best 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 25, 2026.