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ETNEaton Corporation plc

The forward PE ratio is 29.97 as of Thursday, July 9, 2026.

Forward PE Ratio (29.97) = Close Price ($405.83) / Consensus Forward EPS ($13.33)

ETN Forward PE Ratio Metrics

FORWARD PE RATIO

29.97

ETN Competitors' Forward PE Ratio

ETN

Eaton Corporation plc

Current

Market Cap

$157.58B

Forward PE Ratio

29.97

SMEGF

Siemens Energy AG

vs ETN

Market Cap

$155.77B

Forward PE Ratio

34.89

DE

Deere & Company

vs ETN

Market Cap

$160.05B

Forward PE Ratio

32.99

UNP

Union Pacific Corporation

vs ETN

Market Cap

$169.23B

Forward PE Ratio

22.22

SBGSY

Schneider Electric S.E.

vs ETN

Market Cap

$173.45B

Forward PE Ratio

31.71

BA

The Boeing Company

vs ETN

Market Cap

$175.88B

Forward PE Ratio

N/A

Market Cap

$190.63B

Forward PE Ratio

30.55

VRT

Vertiv Holdings Co

vs ETN

Market Cap

$124.42B

Forward PE Ratio

48.96

PH

Parker-Hannifin Corporation

vs ETN

Market Cap

$119.68B

Forward PE Ratio

30.01

LMT

Lockheed Martin Corporation

vs ETN

Market Cap

$119.49B

Forward PE Ratio

17.63

Trailing vs Forward

Trailing P/E

39.1

reported TTM EPS

Forward P/E

30.0

consensus next-FY EPS

The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $13.33 implies +30.3% EPS growth vs the reported trailing $10.23.

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $405.83 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.

Fiscal year endConsensus EPSEstimate rangeAnalystsImplied P/E
2026-12-31$13.33$13.28 – $13.431630.4x
2027-12-31$15.69$14.41 – $16.381525.9x
2028-12-31$18.11$17.59 – $18.65522.4x

Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.

Forward PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Forward PE Ratio FAQ

What is the forward PE ratio for Eaton Corporation plc (ETN)?
The forward PE ratio for ETN stock is 29.97.

About Eaton Corporation plc

Eaton Corp. Plc is a power management company, which provides energy-efficient solutions for electrical, hydraulic, and mechanical power. It operates through the following segments: Electrical Americas and Electrical Global; Aerospace, Vehicle, and eMobility. The Electrical Americas and Electrical Global segments engage in sales contracts for electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality, wiring devices, circuit protection, utility power distribution, power reliability equipment, and service. The Aerospace segment supplies aerospace fuel, hydraulics, and pneumatic systems for commercial and military use. The Vehicle segment deals with the design, manufacture, marketing, and supply of drivetrain and powertrain systems and critical components that reduce emissions and improve fuel economy, stability, performance and safety of cars, light trucks and commercial vehicles. The eMobility segment designs, manufactures, markets, and supplies electrical and electronic components and systems that improve the power management and performance of both on-road and off-road vehicles. The company was founded in 1911 and is headquartered in Dublin, Ireland.

Dublin, DU
97,000 employees
Industrials / Electrical Equipment & Parts
Sector
Industrials
Industry
Electrical Equipment & Parts
CEO
Paulo Ruiz Sternadt