Eaton Corporation plc (ETN) vs Union Pacific Corporation (UNP)
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 September 11, 2026. Differences are shown without an overall score or investment verdict.
ETN
Eaton Corporation plc
$425.37IndustrialsDelayed quote: Sep 11, 2026, 4:00 PM EDT
UNP
Union Pacific Corporation
$284.40IndustrialsDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — ETN vs UNP
growth of $100 · dividends reinvested · last 10yETN +708.3% (+23.2%/yr)UNP +280.6% (+14.3%/yr)ETN compounded faster over this window
ETN UNP
ETN vs UNP: by the numbers
- •UNP is the larger company ($168.96B vs $165.17B market cap).
- •UNP trades at the lower trailing earnings multiple (23.03 vs 43.27 P/E), one valuation lens rather than an overall verdict.
- •UNP converts more revenue to profit (28.85% vs 12.76% net margin).
- •ETN grew revenue faster over the past five years (9.45% vs 4.32% CAGR).
- •UNP pays the higher dividend yield (1.95% vs 1.06%).
Metrics side by side
Valuation
| Metric | ETN | UNP |
|---|---|---|
| P/E ratio | 43.27 | 23.03 |
| Forward P/E | 31.40 | 21.76 |
| P/S ratio | 5.50 | 6.65 |
| P/B ratio | 8.15 | 8.17 |
| EV / EBITDA | 28.65 | 15.67 |
| FCF yield | 2.51% | 3.85% |
Profitability
| Metric | ETN | UNP |
|---|---|---|
| Gross margin | 35.90% | 59.38% |
| Operating margin | 17.68% | 39.93% |
| Net margin | 12.76% | 28.85% |
| ROE | 18.91% | 35.46% |
| ROIC | 9.09% | 11.65% |
Dividends
| Metric | ETN | UNP |
|---|---|---|
| Dividend yield | 1.06% | 1.95% |
| Payout ratio | 44.15% | 45.02% |
Growth (annualized)
| Metric | ETN | UNP |
|---|---|---|
| Revenue CAGR (5Y) | 9.45% | 4.32% |
| EPS CAGR (5Y) | 24.48% | 8.74% |
| FCF CAGR (5Y) | 14.37% | -0.41% |
| Total return CAGR (5Y) | 22.48% | 8.68% |
Frequently asked
- Which has the lower trailing P/E, ETN or UNP?
- UNP has the lower trailing P/E: ETN trades at 43.27 and UNP at 23.03. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ETN or UNP?
- Over the past five years, ETN grew revenue faster — ETN at a 9.45% CAGR versus UNP at 4.32%.
- Does ETN or UNP pay a bigger dividend?
- ETN yields 1.06% and UNP yields 1.95% based on trailing dividends and the latest price.
- Is ETN or UNP more profitable?
- UNP runs the higher net margin — ETN at 12.76% versus UNP at 28.85%.
- How have ETN and UNP total returns compared?
- Over the past 10 years, ETN delivered 23.33% and UNP delivered 14.35% annualized total return. Past performance doesn't predict future results.
Go deeper
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
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 September 11, 2026.