BA vs. ETN: Boeing vs. Eaton Stock Comparison
How do Boeing (BA) 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
Boeing (BA) and Eaton (ETN) both fall under the Capital Goods industry group, but BA is classified in Aerospace & Defense while ETN is classified in Electrical Equipment.
| Profile Item | BA | ETN |
|---|---|---|
| Name | Boeing Company | Eaton Corporation plc |
| Country/Region | United States | Ireland |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Aerospace & Defense | Electrical Equipment |
| GICS Sub-Industry | Aerospace & Defense | Electrical Components & Equipment |
| Market Capitalization | 185.28 billion USD | 174.27 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | June 1, 1972 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BA | ETN |
|---|---|---|
| Total Return (1Y) | 3.12% | 25.97% |
| Total Return (3Y, Annualized) | -0.54% | 28.19% |
| Total Return (5Y, Annualized) | 0.27% | 24.49% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BA | ETN |
|---|---|---|
| Volatility (1Y, Annualized) | 33.84% | 37.42% |
| Beta (5Y) | 1.23 | 1.19 |
| Max Drawdown (5Y) | -51.62% | -34.46% |
| Avg. Volume (3M) | 6.55M | 2.53M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BA | ETN |
|---|---|---|
| Sharpe Ratio (1Y) | -0.03 | 0.59 |
| Sortino Ratio (1Y) | -0.04 | 0.84 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Boeing (BA) at 173.54% is the standout with ROE above its industry range; Eaton (ETN) at 19.68% also sits in the top quartile.
BA
Capital Goods industry group
173.54%
- BA
- 173.54%
- Max
- 43.94%
- Q3
- 19.24%
- Median
- 11.55%
- Q1
- 2.68%
- Min
- -21.92%
ETN
Capital Goods industry group
19.68%
- Max
- 43.94%
- ETN
- 19.68%
- Q3
- 19.24%
- Median
- 11.55%
- Q1
- 2.68%
- Min
- -21.92%
Net Margin (TTM)
Eaton (ETN) at 12.75% retains a top-quartile share of revenue as profit, ahead of Boeing (BA) at 2.59%, which keeps about the industry-typical share.
BA
Capital Goods industry group
2.59%
- Max
- 24.69%
- Q3
- 11.88%
- Median
- 5.73%
- BA
- 2.59%
- Q1
- 0.48%
- Min
- -14.15%
ETN
Capital Goods industry group
12.75%
- Max
- 24.69%
- ETN
- 12.75%
- Q3
- 11.88%
- Median
- 5.73%
- Q1
- 0.48%
- Min
- -14.15%
Operating Margin (TTM)
Eaton (ETN) at 16.56% runs core operations around its industry’s norm, while Boeing (BA) at 0.00% operates in the bottom quartile.
BA
Capital Goods industry group
0.00%
- Max
- 35.46%
- Q3
- 17.18%
- Median
- 10.39%
- Q1
- 3.96%
- BA
- 0.00%
- Min
- -13.10%
ETN
Capital Goods industry group
16.56%
- Max
- 35.46%
- Q3
- 17.18%
- ETN
- 16.56%
- Median
- 10.39%
- Q1
- 3.96%
- Min
- -13.10%
Profitability Metrics
| Metric | BA | ETN |
|---|---|---|
| ROE (TTM) | 173.54% | 19.68% |
| ROA (TTM) | -1.98% | 7.05% |
| Net Margin (TTM) | 2.59% | 12.75% |
| Operating Margin (TTM) | 0.00% | 16.56% |
| Gross Margin (TTM) | 4.71% | 36.02% |
Growth
Revenue Growth
Boeing (BA) at 34.50% sits in the top revenue growth quartile, while Eaton (ETN) at 10.33% is closer to the peer norm — faster top-line expansion for BA.
EPS Growth
Only one side can be read here: Eaton (ETN) reports EPS growth of 10.00%, ranked against its industry; Boeing (BA) has no EPS growth figure this period.
Growth Metrics
| Metric | BA | ETN |
|---|---|---|
| Revenue Growth (YoY) | 34.50% | 10.33% |
| Revenue Growth (3Y CAGR) | 10.33% | 9.77% |
| EPS Growth (YoY) | -- | 10.00% |
| EPS Growth (3Y CAGR) | -- | 19.39% |
Financial Strength
Current Ratio (MRQ)
Both Boeing (BA) at 1.14 and Eaton (ETN) at 1.24 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
BA
Capital Goods industry group
1.14
- Max
- 5.28
- Q3
- 3.01
- Median
- 2.10
- Q1
- 1.44
- BA
- 1.14
- Min
- 0.76
ETN
Capital Goods industry group
1.24
- Max
- 5.28
- Q3
- 3.01
- Median
- 2.10
- Q1
- 1.44
- ETN
- 1.24
- Min
- 0.76
Debt / Equity (MRQ)
Eaton (ETN) at 1.05 is near its industry mid-range for debt-to-equity ratio, while Boeing (BA) at 7.91 sits above its benchmark range, pointing to a heavier debt load relative to equity.
BA
Capital Goods industry group
7.91
- BA
- 7.91
- Max
- 2.24
- Q3
- 1.08
- Median
- 0.59
- Q1
- 0.27
- Min
- 0.00
ETN
Capital Goods industry group
1.05
- Max
- 2.24
- Q3
- 1.08
- ETN
- 1.05
- Median
- 0.59
- Q1
- 0.27
- Min
- 0.00
Financial Strength Metrics
| Metric | BA | ETN |
|---|---|---|
| Current Ratio (MRQ) | 1.14 | 1.24 |
| Debt / Equity (MRQ) | 7.91 | 1.05 |
| Net Debt / EBITDA | -- | 3.11 |
Dividends
Dividend Yield (TTM)
Boeing (BA) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Eaton (ETN) reports a yield of 0.96%, ranking against industry peers normally.
BA
Capital Goods industry group
0.00%
- Max
- 2.46%
- Q3
- 1.01%
- Median
- 0.11%
- BA
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ETN
Capital Goods industry group
0.96%
- Max
- 2.46%
- Q3
- 1.01%
- ETN
- 0.96%
- Median
- 0.11%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Boeing (BA) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Eaton (ETN) reports a payout of 43.58%, ranking against industry peers normally.
BA
Capital Goods industry group
0.00%
- Max
- 69.23%
- Q3
- 28.81%
- Median
- 6.31%
- BA
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ETN
Capital Goods industry group
43.58%
- Max
- 69.23%
- ETN
- 43.58%
- Q3
- 28.81%
- Median
- 6.31%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BA | ETN |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.96% |
| Dividend Payout Ratio (TTM) | 0.00% | 43.58% |
Valuation
P/E Ratio (TTM)
Eaton (ETN) at 45.64 is near its industry’s usual P/E ratio, while Boeing (BA) at 83.42 sits above its peer range — an unusually expensive price for BA’s trailing earnings.
BA
Capital Goods industry group
83.42
- BA
- 83.42
- Max
- 78.62
- Q3
- 45.64
- Median
- 32.92
- Q1
- 23.25
- Min
- 1.18
ETN
Capital Goods industry group
45.64
- Max
- 78.62
- ETN
- 45.64
- Q3
- 45.64
- Median
- 32.92
- Q1
- 23.25
- Min
- 1.18
P/S Ratio (TTM)
Boeing (BA) at 1.97 is priced about in line with its industry on P/S ratio, while Eaton (ETN) at 5.80 sits in the pricier quartile — ETN costs more per dollar of sales.
BA
Capital Goods industry group
1.97
- Max
- 9.85
- Q3
- 4.86
- Median
- 2.72
- BA
- 1.97
- Q1
- 1.25
- Min
- 0.05
ETN
Capital Goods industry group
5.80
- Max
- 9.85
- ETN
- 5.80
- Q3
- 4.86
- Median
- 2.72
- Q1
- 1.25
- Min
- 0.05
P/B Ratio (MRQ)
Both look rich against book: Eaton (ETN) at 8.60 sits in the upper P/B ratio quartile, and Boeing (BA) at 30.38 prices even higher, above its industry range.
BA
Capital Goods industry group
30.38
- BA
- 30.38
- Max
- 14.02
- Q3
- 6.90
- Median
- 3.95
- Q1
- 2.13
- Min
- -4.90
ETN
Capital Goods industry group
8.60
- Max
- 14.02
- ETN
- 8.60
- Q3
- 6.90
- Median
- 3.95
- Q1
- 2.13
- Min
- -4.90
Valuation Metrics
| Metric | BA | ETN |
|---|---|---|
| P/E Ratio (TTM) | 83.42 | 45.64 |
| P/S Ratio (TTM) | 1.97 | 5.80 |
| P/B Ratio (MRQ) | 30.38 | 8.60 |
| Free Cash Flow Yield (TTM) | 3.04% | 1.78% |