AME vs. ETN: AMETEK vs. Eaton Stock Comparison
How do AMETEK (AME) and Eaton (ETN) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
AMETEK (AME) and Eaton (ETN) are both classified in the Electrical Components & Equipment sub-industry within the broader Electrical Equipment industry, placing them in the closest GICS peer bucket.
| Profile Item | AME | ETN |
|---|---|---|
| Name | AMETEK, Inc. | Eaton Corporation plc |
| Country/Region | United States | Ireland |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Electrical Equipment | Electrical Equipment |
| GICS Sub-Industry | Electrical Components & Equipment | Electrical Components & Equipment |
| Market Capitalization | 52.44 billion USD | 132.76 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 19, 1984 | June 1, 1972 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AME | ETN |
|---|---|---|
| Total Return (1Y) | 22.79% | -2.33% |
| Total Return (3Y, Annualized) | 18.31% | 19.68% |
| Total Return (5Y, Annualized) | 12.17% | 17.50% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AME | ETN |
|---|---|---|
| Volatility (1Y, Annualized) | 24.96% | 43.57% |
| Beta (5Y) | 0.96 | 1.14 |
| Max Drawdown (5Y) | -27.06% | -34.46% |
| Avg. Volume (3M) | 1.45M | 2.32M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AME | ETN |
|---|---|---|
| Sharpe Ratio (1Y) | 0.74 | -0.15 |
| Sortino Ratio (1Y) | 1.06 | -0.21 |
Profitability
ROE (TTM)
Eaton (ETN) at 19.55% sits in the top ROE quartile, while AMETEK (AME) at 14.68% is closer to the peer norm — stronger capital efficiency for ETN.
AME
Capital Goods industry group
14.68%
- Max
- 40.55%
- Q3
- 19.29%
- AME
- 14.68%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
ETN
Capital Goods industry group
19.55%
- Max
- 40.55%
- ETN
- 19.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
For every dollar of sales, both AMETEK (AME) at 19.91% and Eaton (ETN) at 12.18% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
AME
Capital Goods industry group
19.91%
- Max
- 27.47%
- AME
- 19.91%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
ETN
Capital Goods industry group
12.18%
- Max
- 27.47%
- ETN
- 12.18%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
AMETEK (AME) at 26.38% operates in the top operating margin quartile, ahead of Eaton (ETN) at 17.85%, which runs around its industry’s norm.
AME
Capital Goods industry group
26.38%
- Max
- 36.60%
- AME
- 26.38%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
ETN
Capital Goods industry group
17.85%
- Max
- 36.60%
- Q3
- 18.33%
- ETN
- 17.85%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | AME | ETN |
|---|---|---|
| ROE (TTM) | 14.68% | 19.55% |
| ROA (TTM) | 7.06% | 7.22% |
| Net Margin (TTM) | 19.91% | 12.18% |
| Operating Margin (TTM) | 26.38% | 17.85% |
| Gross Margin (TTM) | 36.97% | 35.16% |
Growth
Revenue Growth
Both AMETEK (AME) at 6.63% and Eaton (ETN) at 10.33% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both AMETEK (AME) at 7.93% and Eaton (ETN) at 10.00% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | AME | ETN |
|---|---|---|
| Revenue Growth (YoY) | 6.63% | 10.33% |
| Revenue Growth (3Y CAGR) | 6.36% | 9.77% |
| EPS Growth (YoY) | 7.93% | 10.00% |
| EPS Growth (3Y CAGR) | 8.50% | 19.39% |
Financial Strength
Current Ratio (MRQ)
AMETEK (AME) at 1.43 keeps current ratio within its industry’s typical mid-range, while Eaton (ETN) at 1.23 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ETN.
AME
Capital Goods industry group
1.43
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- AME
- 1.43
- Q1
- 1.43
- Min
- 0.36
ETN
Capital Goods industry group
1.23
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- ETN
- 1.23
- Min
- 0.36
Debt / Equity (MRQ)
Both AMETEK (AME) at 0.60 and Eaton (ETN) at 1.00 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
AME
Capital Goods industry group
0.60
- Max
- 2.33
- Q3
- 1.12
- AME
- 0.60
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
ETN
Capital Goods industry group
1.00
- Max
- 2.33
- Q3
- 1.12
- ETN
- 1.00
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | AME | ETN |
|---|---|---|
| Current Ratio (MRQ) | 1.43 | 1.23 |
| Debt / Equity (MRQ) | 0.60 | 1.00 |
| Net Debt / EBITDA | 2.41 | 2.85 |
Dividends
Dividend Yield (TTM)
Eaton (ETN) at 1.33% delivers top-quartile income for its industry, while AMETEK (AME) at 0.60% pays a more typical yield — both are credible income propositions, ETN the richer one.
AME
Capital Goods industry group
0.60%
- Max
- 2.66%
- Q3
- 1.14%
- AME
- 0.60%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
ETN
Capital Goods industry group
1.33%
- Max
- 2.66%
- ETN
- 1.33%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
AMETEK (AME) at 18.76% pays out a band-typical share of earnings, while Eaton (ETN) at 43.36% distributes more than its industry norm — less retained, thinner cover.
AME
Capital Goods industry group
18.76%
- Max
- 67.39%
- Q3
- 28.02%
- AME
- 18.76%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
ETN
Capital Goods industry group
43.36%
- Max
- 67.39%
- ETN
- 43.36%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AME | ETN |
|---|---|---|
| Dividend Yield (TTM) | 0.60% | 1.33% |
| Dividend Payout Ratio (TTM) | 18.76% | 43.36% |
Valuation
P/E Ratio (TTM)
Both AMETEK (AME) at 32.25 and Eaton (ETN) at 34.14 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
AME
Capital Goods industry group
32.25
- Max
- 59.38
- Q3
- 35.92
- AME
- 32.25
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
ETN
Capital Goods industry group
34.14
- Max
- 59.38
- Q3
- 35.92
- ETN
- 34.14
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Both AMETEK (AME) at 6.40 and Eaton (ETN) at 4.15 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
AME
Capital Goods industry group
6.40
- Max
- 7.54
- AME
- 6.40
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
ETN
Capital Goods industry group
4.15
- Max
- 7.54
- ETN
- 4.15
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
AMETEK (AME) at 4.48 is valued about in line with its industry on P/B ratio, while Eaton (ETN) at 6.33 carries an above-peer premium to book — ETN is pricier on assets.
AME
Capital Goods industry group
4.48
- Max
- 9.66
- Q3
- 5.00
- AME
- 4.48
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
ETN
Capital Goods industry group
6.33
- Max
- 9.66
- ETN
- 6.33
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | AME | ETN |
|---|---|---|
| P/E Ratio (TTM) | 32.25 | 34.14 |
| P/S Ratio (TTM) | 6.40 | 4.15 |
| P/B Ratio (MRQ) | 4.48 | 6.33 |
| Free Cash Flow Yield (TTM) | 2.89% | 2.29% |