Eaton Corporation plc (ETN) vs United Parcel Service, Inc. (UPS)
UPS leads on 10 of 17 compared metrics.
A side-by-side comparison of Eaton Corporation plc and United Parcel Service, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
ETN
Eaton Corporation plc
$391.39Industrials
UPS
United Parcel Service, Inc.
$108.10Industrials
Total return — ETN vs UPS
growth of $100 · last 27yETN +2448.1%UPS +58.7%ETN compounded faster
Log scale — wide-divergence pair
ETN UPS
ETN vs UPS: by the numbers
- •ETN is the larger company ($151.98B vs $91.89B market cap).
- •UPS trades at the lower earnings multiple (17.49 vs 38.26 P/E).
- •ETN converts more revenue to profit (13.99% vs 5.94% net margin).
- •ETN grew revenue faster over the past five years (9.94% vs -0.23% CAGR).
- •UPS pays the higher dividend yield (6.07% vs 1.09%).
Which is better, ETN or UPS?
Metric tally: ETN 7 · UPS 10It depends on what you're optimizing for:
ValueUPS(lower P/E)
GrowthETN(faster 5Y revenue CAGR)
IncomeUPS(higher dividend yield)
QualityETN(higher ROIC)
Metrics side by side
Valuation
| Metric | ETN | UPS |
|---|---|---|
| P/E ratio | 38.26 | 17.49● |
| Forward P/E | 24.99 | 13.63● |
| P/S ratio | 5.34 | 1.04● |
| P/B ratio | 7.71 | 5.83● |
| PEG ratio | 3.04 | 0.52● |
| EV / EBITDA | 27.86 | 9.85● |
| FCF yield | 3.08% | 4.91%● |
Profitability
| Metric | ETN | UPS |
|---|---|---|
| Gross margin | 36.89%● | 17.79% |
| Operating margin | 18.13%● | 8.46% |
| Net margin | 13.99%● | 5.94% |
| ROE | 20.19% | 33.30%● |
| ROIC | 13.14%● | 10.40% |
Dividends
| Metric | ETN | UPS |
|---|---|---|
| Dividend yield | 1.09% | 6.07%● |
| Payout ratio | 40.80% | 100.00% |
Growth (annualized)
| Metric | ETN | UPS |
|---|---|---|
| Revenue CAGR (5Y) | 9.94%● | -0.23% |
| EPS CAGR (5Y) | 24.48% | 33.45%● |
| FCF CAGR (5Y) | 13.57%● | -8.72% |
| Total return CAGR (5Y) | 23.64%● | -7.79% |
Frequently asked
- Which is better, ETN or UPS?
- It depends on your goal. value: UPS (lower P/E); growth: ETN (faster 5Y revenue CAGR); income: UPS (higher dividend yield); quality: ETN (higher ROIC). Across all compared metrics, UPS leads 10 to 7.
- Is ETN or UPS cheaper?
- On trailing earnings, UPS is cheaper: ETN trades at a 38.26 P/E and UPS at 17.49.
- Which has grown faster, ETN or UPS?
- Over the past five years, ETN grew revenue faster — ETN at a 9.94% CAGR versus UPS at -0.23%.
- Does ETN or UPS pay a bigger dividend?
- ETN yields 1.09% and UPS yields 6.07% based on trailing dividends and the latest price.
- Is ETN or UPS more profitable?
- ETN runs the higher net margin — ETN at 13.99% versus UPS at 5.94%.
- Which has been the better investment, ETN or UPS?
- Over the past 10-year, ETN delivered the higher annualized total return — ETN at 23.24% versus UPS at 4.22%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Eaton P/E ratioUnited Parcel Service P/E ratioEaton dividend yieldUnited Parcel Service dividend yieldEaton ROEUnited Parcel Service ROEEaton operating marginUnited Parcel Service operating marginEaton revenue growthUnited Parcel Service revenue growthEaton free cash flowUnited Parcel Service free cash flow
Eaton & United Parcel Service 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 June 15, 2026.