Eaton Corporation plc (ETN) vs Union Pacific Corporation (UNP)

UNP leads on 10 of 17 compared metrics.

A side-by-side comparison of Eaton Corporation plc and Union Pacific Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Eaton Corporation plc logo
ETN
Eaton Corporation plc
$151.98B
$391.39Industrials
Union Pacific Corporation logo
UNP
Union Pacific Corporation
$161.91B
$272.70Industrials

Total return — ETN vs UNP

growth of $100 · last 30y
ETN +3008.7%UNP +2234.8%ETN compounded faster
01k2k3kStart $100200120062011201620212026$3,109$2,335
ETN UNP

ETN vs UNP: by the numbers

  • •UNP is the larger company ($161.91B vs $151.98B market cap).
  • •UNP trades at the lower earnings multiple (22.46 vs 38.26 P/E).
  • •UNP converts more revenue to profit (29.20% vs 13.99% net margin).
  • •ETN grew revenue faster over the past five years (9.94% vs 5.05% CAGR).
  • •UNP pays the higher dividend yield (2.02% vs 1.09%).

Which is better, ETN or UNP?

Metric tally: ETN 7 · UNP 10

It depends on what you're optimizing for:

ValueUNP(lower P/E)
GrowthETN(faster 5Y revenue CAGR)
IncomeUNP(higher dividend yield)
QualityETN(higher ROIC)

Valuation

MetricETNUNP
P/E ratio38.2622.46●
Forward P/E24.9919.87●
P/S ratio5.34●6.55
P/B ratio7.71●8.34
PEG ratio3.042.34●
EV / EBITDA29.1314.73●
FCF yield3.08%3.52%●

Profitability

MetricETNUNP
Gross margin36.89%45.67%●
Operating margin18.13%40.09%●
Net margin13.99%29.20%●
ROE20.19%37.15%●
ROIC13.14%●11.70%

Dividends

MetricETNUNP
Dividend yield1.09%2.02%●
Payout ratio40.80%45.96%

Growth (annualized)

MetricETNUNP
Revenue CAGR (5Y)9.94%●5.05%
EPS CAGR (5Y)24.48%●8.74%
FCF CAGR (5Y)13.57%●0.04%
Total return CAGR (5Y)23.64%●6.62%

Frequently asked

Which is better, ETN or UNP?
It depends on your goal. value: UNP (lower P/E); growth: ETN (faster 5Y revenue CAGR); income: UNP (higher dividend yield); quality: ETN (higher ROIC). Across all compared metrics, UNP leads 10 to 7.
Is ETN or UNP cheaper?
On trailing earnings, UNP is cheaper: ETN trades at a 38.26 P/E and UNP at 22.46.
Which has grown faster, ETN or UNP?
Over the past five years, ETN grew revenue faster — ETN at a 9.94% CAGR versus UNP at 5.05%.
Does ETN or UNP pay a bigger dividend?
ETN yields 1.09% and UNP yields 2.02% based on trailing dividends and the latest price.
Is ETN or UNP more profitable?
UNP runs the higher net margin — ETN at 13.99% versus UNP at 29.20%.
Which has been the better investment, ETN or UNP?
Over the past 10-year, ETN delivered the higher annualized total return — ETN at 23.24% versus UNP at 14.35%. Past performance doesn't predict future results.

Go deeper

Full ETN analysisFull UNP analysisInteractive comparison tool

Dig into the metrics

Eaton P/E ratioUnion Pacific P/E ratioEaton dividend yieldUnion Pacific dividend yieldEaton ROEUnion Pacific ROEEaton operating marginUnion Pacific operating marginEaton revenue growthUnion Pacific revenue growthEaton free cash flowUnion Pacific free cash flow

Eaton & Union Pacific appear in these rankings

Highest Dividend Yield StocksHighest ROE StocksHighest Operating Margin StocksBest 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 June 13, 2026.