Projected Income Statement: Eaton Corporation plc

Forecast Balance Sheet: Eaton Corporation plc

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 8,011 8,100 6,660 7,072 9,092 16,061 14,144 14,117
Change - 1.11% -17.78% 6.19% 28.56% 76.65% -11.94% -0.19%
Announcement Date 04/02/22 08/02/23 01/02/24 31/01/25 03/02/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Eaton Corporation plc

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 575 598 757 808 919 1,134 1,117 1,213
Change - 4% 26.59% 6.74% 13.74% 23.43% -1.56% 8.61%
Free Cash Flow (FCF) 1 1,588 1,935 2,867 3,518 3,553 3,795 5,245 6,231
Change - 21.85% 48.17% 22.71% 0.99% 6.82% 38.21% 18.79%
Announcement Date 04/02/22 08/02/23 01/02/24 31/01/25 03/02/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Eaton Corporation plc

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 17.25% 20.01% 21.22% 23.28% 23.79% 23.46% 24.81% 25.77%
EBIT Margin (%) 12.55% 15.41% 17.23% 19.58% 20.13% 20.34% 21.69% 22.36%
EBT Margin (%) 14.75% 14.03% 16.5% 18.35% 17.97% 17.25% 19.61% 20.86%
Net margin (%) 10.92% 11.86% 13.87% 15.25% 14.89% 14.11% 15.91% 16.92%
FCF margin (%) 8.09% 9.32% 12.36% 14.14% 12.94% 11.78% 14.72% 16.06%
FCF / Net Income (%) 74.07% 78.59% 89.09% 92.73% 86.93% 83.53% 92.52% 94.92%

Profitability

        
ROA 6.51% 7.13% 8.76% 9.88% 10.26% 10.94% 11.45% 12.2%
ROE 13.68% 14.69% 17.84% 20.22% 21.56% 23.65% 24.75% 25.4%

Financial Health

        
Leverage (Debt/EBITDA) 2.37x 1.95x 1.35x 1.22x 1.39x 2.13x 1.6x 1.41x
Debt / Free cash flow 5.04x 4.19x 2.32x 2.01x 2.56x 4.23x 2.7x 2.27x

Capital Intensity

        
CAPEX / Current Assets (%) 2.93% 2.88% 3.26% 3.25% 3.35% 3.52% 3.13% 3.13%
CAPEX / EBITDA (%) 16.99% 14.4% 15.38% 13.95% 14.07% 15.01% 12.63% 12.13%
CAPEX / FCF (%) 36.21% 30.9% 26.4% 22.97% 25.87% 29.89% 21.29% 19.46%

Items per share

        
Cash flow per share 1 5.425 6.32 9.08 10.88 11.43 13.18 16.64 19.64
Change - 16.49% 43.68% 19.85% 5.04% 15.34% 26.19% 18.04%
Dividend per Share 1 3.04 3.24 3.44 3.76 4.16 4.315 4.641 5.166
Change - 6.58% 6.17% 9.3% 10.64% 3.72% 7.56% 11.32%
Book Value Per Share 1 41.16 42.6 47.66 46.29 50.08 57.39 65.99 72.99
Change - 3.51% 11.88% -2.88% 8.18% 14.61% 14.98% 10.61%
EPS 1 5.34 6.14 8.02 9.5 10.45 11.63 14.79 17.22
Change - 14.98% 30.62% 18.45% 10% 11.29% 27.14% 16.43%
Nbr of stocks (in thousands) 398,600 397,700 399,300 395,200 388,400 388,300 388,300 388,300
Announcement Date 04/02/22 08/02/23 01/02/24 31/01/25 03/02/26 - - -
1USD
Estimates
2026 *2027 *
P/E 34.4x 27.1x
PBR 6.97x 6.06x
EV / Sales 5.32x 4.76x
Yield 1.08% 1.16%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
27
Last Close Price
399.99USD
Average target price
455.79USD
Spread / Average Target
+13.95%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. ETN Stock
  4. Financials Eaton Corporation plc