AME vs. ETN: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at AME and ETN, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
ETN’s market capitalization of 141.74 billion USD is significantly greater than AME’s 42.53 billion USD, highlighting its more substantial market valuation.
With betas of 1.11 for AME and 1.14 for ETN, both stocks show similar sensitivity to overall market movements.
| Symbol | AME | ETN |
|---|---|---|
| Company Name | AMETEK, Inc. | Eaton Corporation plc |
| Country | US | IE |
| Sector | Industrials | Industrials |
| Industry | Industrial - Machinery | Industrial - Machinery |
| CEO | David A. Zapico | Craig Arnold |
| Price | 184.19 USD | 362.22 USD |
| Market Cap | 42.53 billion USD | 141.74 billion USD |
| Beta | 1.11 | 1.14 |
| Exchange | NYSE | NYSE |
| IPO Date | July 19, 1984 | June 1, 1972 |
| ADR | No | No |
Historical Performance
This chart compares the performance of AME and ETN by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
AME
14.75%
Industrial - Machinery Industry
- Max
- 36.51%
- Q3
- 18.65%
- Median
- 12.08%
- Q1
- 4.75%
- Min
- -15.57%
AME’s Return on Equity of 14.75% is on par with the norm for the Industrial - Machinery industry, indicating its profitability relative to shareholder equity is typical for the sector.
ETN
20.91%
Industrial - Machinery Industry
- Max
- 36.51%
- Q3
- 18.65%
- Median
- 12.08%
- Q1
- 4.75%
- Min
- -15.57%
In the upper quartile for the Industrial - Machinery industry, ETN’s Return on Equity of 20.91% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
Return on Invested Capital
AME
11.22%
Industrial - Machinery Industry
- Max
- 22.35%
- Q3
- 12.64%
- Median
- 9.33%
- Q1
- 5.32%
- Min
- -5.42%
AME’s Return on Invested Capital of 11.22% is in line with the norm for the Industrial - Machinery industry, reflecting a standard level of efficiency in generating profits from its capital base.
ETN
12.67%
Industrial - Machinery Industry
- Max
- 22.35%
- Q3
- 12.64%
- Median
- 9.33%
- Q1
- 5.32%
- Min
- -5.42%
In the upper quartile for the Industrial - Machinery industry, ETN’s Return on Invested Capital of 12.67% signifies a highly effective use of its capital to generate profits when compared to its peers.
Net Profit Margin
AME
20.43%
Industrial - Machinery Industry
- Max
- 28.85%
- Q3
- 15.25%
- Median
- 10.02%
- Q1
- 5.33%
- Min
- -8.75%
A Net Profit Margin of 20.43% places AME in the upper quartile for the Industrial - Machinery industry, signifying strong profitability and more effective cost management than most of its peers.
ETN
15.55%
Industrial - Machinery Industry
- Max
- 28.85%
- Q3
- 15.25%
- Median
- 10.02%
- Q1
- 5.33%
- Min
- -8.75%
A Net Profit Margin of 15.55% places ETN in the upper quartile for the Industrial - Machinery industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin
AME
26.20%
Industrial - Machinery Industry
- Max
- 28.19%
- Q3
- 19.04%
- Median
- 14.62%
- Q1
- 8.13%
- Min
- -5.76%
An Operating Profit Margin of 26.20% places AME in the upper quartile for the Industrial - Machinery industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
ETN
19.37%
Industrial - Machinery Industry
- Max
- 28.19%
- Q3
- 19.04%
- Median
- 14.62%
- Q1
- 8.13%
- Min
- -5.76%
An Operating Profit Margin of 19.37% places ETN in the upper quartile for the Industrial - Machinery industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
Profitability at a Glance
| Symbol | AME | ETN |
|---|---|---|
| Return on Equity (TTM) | 14.75% | 20.91% |
| Return on Assets (TTM) | 9.52% | 10.04% |
| Return on Invested Capital (TTM) | 11.22% | 12.67% |
| Net Profit Margin (TTM) | 20.43% | 15.55% |
| Operating Profit Margin (TTM) | 26.20% | 19.37% |
| Gross Profit Margin (TTM) | 36.18% | 38.44% |
Financial Strength
Current Ratio
AME
1.41
Industrial - Machinery Industry
- Max
- 4.18
- Q3
- 2.75
- Median
- 2.07
- Q1
- 1.46
- Min
- 0.46
AME’s Current Ratio of 1.41 falls into the lower quartile for the Industrial - Machinery industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
ETN
1.31
Industrial - Machinery Industry
- Max
- 4.18
- Q3
- 2.75
- Median
- 2.07
- Q1
- 1.46
- Min
- 0.46
ETN’s Current Ratio of 1.31 falls into the lower quartile for the Industrial - Machinery industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
Debt-to-Equity Ratio
AME
0.19
Industrial - Machinery Industry
- Max
- 1.46
- Q3
- 0.73
- Median
- 0.48
- Q1
- 0.17
- Min
- 0.00
AME’s Debt-to-Equity Ratio of 0.19 is typical for the Industrial - Machinery industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
ETN
0.58
Industrial - Machinery Industry
- Max
- 1.46
- Q3
- 0.73
- Median
- 0.48
- Q1
- 0.17
- Min
- 0.00
ETN’s Debt-to-Equity Ratio of 0.58 is typical for the Industrial - Machinery industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio
AME
23.38
Industrial - Machinery Industry
- Max
- 28.91
- Q3
- 14.99
- Median
- 9.11
- Q1
- 3.95
- Min
- -11.30
AME’s Interest Coverage Ratio of 23.38 is in the upper quartile for the Industrial - Machinery industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
ETN
36.86
Industrial - Machinery Industry
- Max
- 28.91
- Q3
- 14.99
- Median
- 9.11
- Q1
- 3.95
- Min
- -11.30
With an Interest Coverage Ratio of 36.86, ETN demonstrates a superior capacity to service its debt, placing it well above the typical range for the Industrial - Machinery industry. This stems from either robust earnings or a conservative debt load.
Financial Strength at a Glance
| Symbol | AME | ETN |
|---|---|---|
| Current Ratio (TTM) | 1.41 | 1.31 |
| Quick Ratio (TTM) | 0.86 | 0.84 |
| Debt-to-Equity Ratio (TTM) | 0.19 | 0.58 |
| Debt-to-Asset Ratio (TTM) | 0.13 | 0.27 |
| Net Debt-to-EBITDA Ratio (TTM) | 0.73 | 1.55 |
| Interest Coverage Ratio (TTM) | 23.38 | 36.86 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for AME and ETN. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
AME
0.64%
Industrial - Machinery Industry
- Max
- 4.40%
- Q3
- 1.47%
- Median
- 0.74%
- Q1
- 0.00%
- Min
- 0.00%
AME’s Dividend Yield of 0.64% is consistent with its peers in the Industrial - Machinery industry, providing a dividend return that is standard for its sector.
ETN
1.09%
Industrial - Machinery Industry
- Max
- 4.40%
- Q3
- 1.47%
- Median
- 0.74%
- Q1
- 0.00%
- Min
- 0.00%
ETN’s Dividend Yield of 1.09% is consistent with its peers in the Industrial - Machinery industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio
AME
18.74%
Industrial - Machinery Industry
- Max
- 78.48%
- Q3
- 36.22%
- Median
- 20.24%
- Q1
- 0.00%
- Min
- 0.00%
AME’s Dividend Payout Ratio of 18.74% is within the typical range for the Industrial - Machinery industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
ETN
38.84%
Industrial - Machinery Industry
- Max
- 78.48%
- Q3
- 36.22%
- Median
- 20.24%
- Q1
- 0.00%
- Min
- 0.00%
ETN’s Dividend Payout Ratio of 38.84% is in the upper quartile for the Industrial - Machinery industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.
Dividend at a Glance
| Symbol | AME | ETN |
|---|---|---|
| Dividend Yield (TTM) | 0.64% | 1.09% |
| Dividend Payout Ratio (TTM) | 18.74% | 38.84% |
Valuation
Price-to-Earnings Ratio
AME
29.98
Industrial - Machinery Industry
- Max
- 47.62
- Q3
- 34.41
- Median
- 27.36
- Q1
- 21.62
- Min
- 10.96
AME’s P/E Ratio of 29.98 is within the middle range for the Industrial - Machinery industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
ETN
36.08
Industrial - Machinery Industry
- Max
- 47.62
- Q3
- 34.41
- Median
- 27.36
- Q1
- 21.62
- Min
- 10.96
A P/E Ratio of 36.08 places ETN in the upper quartile for the Industrial - Machinery industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
Forward P/E to Growth Ratio
AME
4.01
Industrial - Machinery Industry
- Max
- 6.15
- Q3
- 3.53
- Median
- 2.82
- Q1
- 1.71
- Min
- 0.09
The Forward PEG Ratio is often not a primary valuation metric in the Industrial - Machinery industry.
ETN
2.95
Industrial - Machinery Industry
- Max
- 6.15
- Q3
- 3.53
- Median
- 2.82
- Q1
- 1.71
- Min
- 0.09
The Forward PEG Ratio is often not a primary valuation metric in the Industrial - Machinery industry.
Price-to-Sales Ratio
AME
6.13
Industrial - Machinery Industry
- Max
- 8.37
- Q3
- 4.59
- Median
- 3.34
- Q1
- 1.83
- Min
- 0.32
AME’s P/S Ratio of 6.13 is in the upper echelon for the Industrial - Machinery industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
ETN
5.60
Industrial - Machinery Industry
- Max
- 8.37
- Q3
- 4.59
- Median
- 3.34
- Q1
- 1.83
- Min
- 0.32
ETN’s P/S Ratio of 5.60 is in the upper echelon for the Industrial - Machinery industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio
AME
4.26
Industrial - Machinery Industry
- Max
- 7.49
- Q3
- 5.01
- Median
- 3.41
- Q1
- 2.45
- Min
- 0.01
AME’s P/B Ratio of 4.26 is within the conventional range for the Industrial - Machinery industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
ETN
7.68
Industrial - Machinery Industry
- Max
- 7.49
- Q3
- 5.01
- Median
- 3.41
- Q1
- 2.45
- Min
- 0.01
At 7.68, ETN’s P/B Ratio is at an extreme premium to the Industrial - Machinery industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
Valuation at a Glance
| Symbol | AME | ETN |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 29.98 | 36.08 |
| Forward PEG Ratio (TTM) | 4.01 | 2.95 |
| Price-to-Sales Ratio (P/S, TTM) | 6.13 | 5.60 |
| Price-to-Book Ratio (P/B, TTM) | 4.26 | 7.68 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 24.82 | 42.72 |
| EV-to-EBITDA (TTM) | 21.00 | 25.97 |
| EV-to-Sales (TTM) | 6.35 | 5.95 |