ETN vs. FLS: Eaton vs. Flowserve Stock Comparison
How do Eaton (ETN) and Flowserve (FLS) 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
Eaton (ETN) and Flowserve (FLS) both fall under the Capital Goods industry group, but ETN is classified in Electrical Equipment while FLS is classified in Machinery.
| Profile Item | ETN | FLS |
|---|---|---|
| Name | Eaton Corporation plc | Flowserve Corporation |
| Country/Region | Ireland | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Electrical Equipment | Machinery |
| GICS Sub-Industry | Electrical Components & Equipment | Industrial Machinery & Supplies & Components |
| Market Capitalization | 132.76 billion USD | 10.19 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 1, 1972 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ETN | FLS |
|---|---|---|
| Total Return (1Y) | -2.33% | 24.11% |
| Total Return (3Y, Annualized) | 19.68% | 33.68% |
| Total Return (5Y, Annualized) | 17.50% | 22.48% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ETN | FLS |
|---|---|---|
| Volatility (1Y, Annualized) | 43.57% | 42.18% |
| Beta (5Y) | 1.14 | 1.24 |
| Max Drawdown (5Y) | -34.46% | -38.76% |
| Avg. Volume (3M) | 2.32M | 1.61M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ETN | FLS |
|---|---|---|
| Sharpe Ratio (1Y) | -0.15 | 0.47 |
| Sortino Ratio (1Y) | -0.21 | 0.70 |
Profitability
ROE (TTM)
Eaton (ETN) at 19.55% sits in the top ROE quartile, while Flowserve (FLS) at 11.61% is closer to the peer norm — stronger capital efficiency for ETN.
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%
FLS
Capital Goods industry group
11.61%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- FLS
- 11.61%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
Eaton (ETN) at 12.18% retains a top-quartile share of revenue as profit, ahead of Flowserve (FLS) at 5.42%, which keeps about the industry-typical share.
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%
FLS
Capital Goods industry group
5.42%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- FLS
- 5.42%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both Eaton (ETN) at 17.85% and Flowserve (FLS) at 13.45% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
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%
FLS
Capital Goods industry group
13.45%
- Max
- 36.60%
- Q3
- 18.33%
- FLS
- 13.45%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | ETN | FLS |
|---|---|---|
| ROE (TTM) | 19.55% | 11.61% |
| ROA (TTM) | 7.22% | 6.36% |
| Net Margin (TTM) | 12.18% | 5.42% |
| Operating Margin (TTM) | 17.85% | 13.45% |
| Gross Margin (TTM) | 35.16% | 35.30% |
Growth
Revenue Growth
Both Eaton (ETN) at 10.33% and Flowserve (FLS) at 3.76% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Eaton (ETN) at 10.00% and Flowserve (FLS) at 23.36% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | ETN | FLS |
|---|---|---|
| Revenue Growth (YoY) | 10.33% | 3.76% |
| Revenue Growth (3Y CAGR) | 9.77% | 9.37% |
| EPS Growth (YoY) | 10.00% | 23.36% |
| EPS Growth (3Y CAGR) | 19.39% | 22.39% |
Financial Strength
Current Ratio (MRQ)
Flowserve (FLS) at 2.10 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.
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
FLS
Capital Goods industry group
2.10
- Max
- 5.22
- Q3
- 2.95
- FLS
- 2.10
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Both Eaton (ETN) at 1.00 and Flowserve (FLS) at 0.95 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
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
FLS
Capital Goods industry group
0.95
- Max
- 2.33
- Q3
- 1.12
- FLS
- 0.95
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | ETN | FLS |
|---|---|---|
| Current Ratio (MRQ) | 1.23 | 2.10 |
| Debt / Equity (MRQ) | 1.00 | 0.95 |
| Net Debt / EBITDA | 2.85 | 2.08 |
Dividends
Dividend Yield (TTM)
Eaton (ETN) at 1.33% delivers top-quartile income for its industry, while Flowserve (FLS) at 1.11% pays a more typical yield — both are credible income propositions, ETN the richer one.
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%
FLS
Capital Goods industry group
1.11%
- Max
- 2.66%
- Q3
- 1.14%
- FLS
- 1.11%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Eaton (ETN) at 43.36% and Flowserve (FLS) at 43.50% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
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%
FLS
Capital Goods industry group
43.50%
- Max
- 67.39%
- FLS
- 43.50%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ETN | FLS |
|---|---|---|
| Dividend Yield (TTM) | 1.33% | 1.11% |
| Dividend Payout Ratio (TTM) | 43.36% | 43.50% |
Valuation
P/E Ratio (TTM)
Eaton (ETN) at 34.14 is near its industry’s usual P/E ratio, while Flowserve (FLS) at 40.19 sits in the richer quartile — FLS needs stronger growth or earnings quality to justify the premium.
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
FLS
Capital Goods industry group
40.19
- Max
- 59.38
- FLS
- 40.19
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Flowserve (FLS) at 2.17 is priced about in line with its industry on P/S ratio, while Eaton (ETN) at 4.15 sits in the pricier quartile — ETN costs more per dollar of sales.
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
FLS
Capital Goods industry group
2.17
- Max
- 7.54
- Q3
- 3.76
- FLS
- 2.17
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Flowserve (FLS) at 4.40 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.
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
FLS
Capital Goods industry group
4.40
- Max
- 9.66
- Q3
- 5.00
- FLS
- 4.40
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | ETN | FLS |
|---|---|---|
| P/E Ratio (TTM) | 34.14 | 40.19 |
| P/S Ratio (TTM) | 4.15 | 2.17 |
| P/B Ratio (MRQ) | 6.33 | 4.40 |
| Free Cash Flow Yield (TTM) | 2.29% | 3.62% |