OverviewSuggest Edit

Eaton is a power management company for electrical, hydraulic and mechanical applications. The Company works through four segments: the Electrical Products segment consists of electrical components, industrial components, residential products, single phase power quality, emergency lighting, fire detection, wiring devices, structural support systems, circuit protection and lighting products. The Hydraulics segment offers hydraulics components, systems and services for industrial and mobile equipment. The Aerospace segment is a supplier of aerospace fuel, hydraulics, and pneumatic systems for commercial and military use. The Vehicle segment is engaged in the design, manufacture, marketing and supply of drivetrain, powertrain systems and critical components for cars, light trucks and commercial vehicles.

TypePublic
Founded1911
HQBeachwood, US
Websiteeaton.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2018)99,000(+4%)
Job Openings2,041
Revenue (FY, 2018)$21.6 B(+6%)
Share Price (Mar 2019)$82.1 (+2%)

Key People/Management at Eaton

Craig Arnold

Craig Arnold

CEO, Chairman
Richard Fearon

Richard Fearon

Vice Chairman, CFO
Uday Yadav

Uday Yadav

Chief Operating Officer, Industrial Sector
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Eaton Office Locations

Eaton has offices in Beachwood, Moscow, Mascot, Christchurch and in 4 other locations
Beachwood, US (HQ)
1000 Eaton Blvd
Mascot, AU
10 Kent Road
Vienna, AT
Scheydgasse 42
Groot-Bijgaarden, BE
Industrialaan 3
Søborg, DK
Generatorvej 8C
Christchurch, NZ
Enable House, 106 Wrights Road
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Eaton Financials and Metrics

Eaton Revenue

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Eaton's revenue was reported to be $21.61 b in FY, 2018 which is a 5.9% increase from the previous period.
USD

Revenue (FY, 2018)

21.6b

Revenue growth (FY, 2017 - FY, 2018), %

5.9%

Gross profit (FY, 2018)

7.1b

Gross profit margin (FY, 2018), %

32.8%

Net income (FY, 2018)

2.1b

Market capitalization (18-Mar-2019)

34.8b

Closing stock price (18-Mar-2019)

82.1

Cash (31-Dec-2018)

283.0m

EV

41.6b
Eaton's current market capitalization is $34.8 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

22.0b22.6b20.9b19.7b20.4b21.6b

Revenue growth, %

2%(8%)(5%)3%6%

Cost of goods sold

15.4b15.6b14.3b13.4b13.8b14.5b

Gross profit

6.7b6.9b6.6b6.3b6.6b7.1b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

5.2b5.4b5.2b4.8b5.1b5.0b4.8b5.1b5.2b5.3b5.5b5.4b

Cost of goods sold

3.6b3.7b3.6b3.3b3.4b3.4b3.3b3.5b3.5b3.6b3.7b3.6b

Gross profit

1.6b1.7b1.6b1.5b1.7b1.6b1.5b1.7b1.7b1.7b1.8b1.8b

Gross profit Margin, %

31%32%31%32%33%32%32%33%33%32%33%34%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

915.0m781.0m268.0m543.0m561.0m283.0m

Accounts Receivable

3.6b3.7b3.5b3.6b3.9b3.9b

Prepaid Expenses

415.0m386.0m369.0m381.0m679.0m3.9b

Inventories

2.4b2.4b2.3b2.3b2.6b2.8b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

663.0m303.0m418.0m333.0m323.0m494.0m222.0m312.0m791.0m317.0m256.0m327.0m

Accounts Receivable

3.7b3.8b3.7b3.6b3.6b3.7b3.7b3.8b4.0b4.0b4.1b4.0b

Prepaid Expenses

405.0m382.0m410.0m468.0m406.0m393.0m435.0m444.0m396.0m552.0m576.0m500.0m

Inventories

2.4b2.4b2.4b2.4b2.3b2.3b2.3b2.4b2.5b2.7b2.8b2.8b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

1.9b1.8b2.0b1.9b3.0b2.1b

Depreciation and Amortization

997.0m983.0m925.0m929.0m914.0m903.0m

Inventories

(92.0m)(152.0m)(20.0m)25.0m(202.0m)(242.0m)

Accounts Payable

86.0m49.0m(120.0m)388.0m23.0m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

467.0m1.0b1.4b403.0m895.0m1.4b432.0m948.0m2.3b487.0m1.1b1.5b

Depreciation and Amortization

226.0m460.0m692.0m233.0m467.0m700.0m225.0m453.0m685.0m230.0m457.0m680.0m

Cash From Operating Activities

77.0m656.0m1.6b371.0m1.1b1.9b463.0m1.0b1.8b339.0m838.0m1.8b

Cash From Investing Activities

(53.0m)(207.0m)(373.0m)(159.0m)(204.0m)(371.0m)(229.0m)(586.0m)(435.0m)(137.0m)(37.0m)(256.0m)
USDY, 2018

EV/CFO

15.7 x

EV/FCF

19.9 x

Revenue/Employee

218.3k

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.9 x
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Eaton Operating Metrics

Eaton's Backlog was reported to be $5.3b in FY, 2018.
FY, 2014FY, 2015FY, 2016FY, 2017Mar, 2018FY, 2018

Backlog

$4.40 b$4.10 b$4 b$4.80 b$5.30 b

Locations

346 345 330 327 284

Manufacturing Sites

30

New Product Launches

28
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Eaton Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Abeiron III Limited
ADF Systems SARL
Aeroquip do Brasil Ltda.
Aeroquip Financial Ltd.
Aeroquip Iberica S.L.
Aeroquip International Inc.
Aeroquip Limited
Aeroquip (UK) Limited
Aeroquip-Vickers Canada Inc.
Aeroquip-Vickers International S.a.r.L.
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Eaton Revenue Breakdown

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Eaton revenue breakdown by business segment: 16.3% from Vehicle, 8.5% from Aerospace, 12.1% from Hydraulics, 27.8% from Electrical Systems and Services and 35.3% from Electrical Products

Eaton revenue breakdown by geographic segment: 11.6% from Asia Pacific, 21.5% from Europe, 7.3% from Latin America, 55.0% from United States and 4.6% from Other

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Eaton Online and Social Media Presence

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Eaton News and Updates

Eaton expands North America aftermarket product portfolio with mobile power hydraulics agreement

Eaton announced its Vehicle Group’s Aftermarket division has reached a distribution agreement with Bezares SA to become the North American master distributor for its mobile power hydraulic portfolio. Bezares SA is a global manufacturer of Power Takeoffs (PTOs), hydraulic pumps, fittings, tanks, valv…

Eaton to spin off its lighting business unit

U.S. industrial conglomerate Eaton Corp Plc said on Friday it would spin-off its lighting business unit, which makes LED lighting and controls, with sales of about $1.7 billion in 2018.

Eaton to spin off lighting business, creating a publicly traded independent entity

Eaton Corp. said Friday it plans to spin off its lighting business, creating an independent publicly traded company. The stock rose 1.5% in premarket trade. Eaton, with at market capitalization of $33.8 billion through Thursday, said it lighting business had sales of $1.7 billion in 2018. Goldman S…

Eaton Vance Municipal Bond Fund II Announces Results of Special Shareholder Meeting Relating to Merger

BOSTON, March 1, 2019 /PRNewswire/ -- At a Special Meeting of Shareholders held on February 28, 2019, shareholders of Eaton Vance Municipal Bond Fund II (NYSE American: EIV) approved the merger of EIV into Eaton Vance Municipal Bond Fund (NYSE American: EIM). The merger is currently...

Eaton Vance Corp. Report for the Three Month Period Ended January 31, 2019

BOSTON, Feb. 26, 2019 /PRNewswire/ -- Eaton Vance Corp. (NYSE: EV) today reported earnings per diluted share of $0.75 for the first quarter of fiscal 2019, an increase of 19 percent from $0.63 of earnings per diluted share in the first quarter of fiscal 2018 and a decrease of 14 percent...

Eaton Vance Promotes Andrew N. Sveen to Co-Director of Floating-Rate Loan Investments

BOSTON, Feb. 25, 2019 /PRNewswire/ -- Eaton Vance Management (Eaton Vance), a subsidiary of Eaton Vance Corp. (NYSE: EV), announced today that Andrew N. Sveen, CFA, has been named Co-Director of Floating-Rate Loan Investments. Effective March 1, 2019, Mr. Sveen will join Craig P. Russ in...
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Eaton Frequently Asked Questions

  • When was Eaton founded?

    Eaton was founded in 1911.

  • Who are Eaton key executives?

    Eaton's key executives are Craig Arnold, Richard Fearon and Uday Yadav.

  • How many employees does Eaton have?

    Eaton has 99,000 employees.

  • What is Eaton revenue?

    Latest Eaton annual revenue is $21.6 b.

  • What is Eaton revenue per employee?

    Latest Eaton revenue per employee is $218.3 k.

  • Who are Eaton competitors?

    Competitors of Eaton include Cummins, Littelfuse and Roper Technologies.

  • Where is Eaton headquarters?

    Eaton headquarters is located at 1000 Eaton Blvd, Beachwood.

  • Where are Eaton offices?

    Eaton has offices in Beachwood, Moscow, Mascot, Christchurch and in 4 other locations.

  • How many offices does Eaton have?

    Eaton has 8 offices.