ETN vs. GE: Eaton vs. GE Aerospace Stock Comparison
How do Eaton (ETN) and GE Aerospace (GE) 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 GE Aerospace (GE) both fall under the Capital Goods industry group, but ETN is classified in Electrical Equipment while GE is classified in Industrial Conglomerates.
| Profile Item | ETN | GE |
|---|---|---|
| Name | Eaton Corporation plc | General Electric Company |
| Country/Region | Ireland | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Electrical Equipment | Industrial Conglomerates |
| GICS Sub-Industry | Electrical Components & Equipment | Industrial Conglomerates |
| Market Capitalization | 174.27 billion USD | 383.98 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 1, 1972 | January 2, 1962 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ETN | GE |
|---|---|---|
| Total Return (1Y) | 25.97% | 36.74% |
| Total Return (3Y, Annualized) | 28.19% | 60.16% |
| Total Return (5Y, Annualized) | 24.49% | 42.23% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ETN | GE |
|---|---|---|
| Volatility (1Y, Annualized) | 37.42% | 32.32% |
| Beta (5Y) | 1.19 | 1.37 |
| Max Drawdown (5Y) | -34.46% | -44.94% |
| Avg. Volume (3M) | 2.53M | 4.59M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ETN | GE |
|---|---|---|
| Sharpe Ratio (1Y) | 0.59 | 1.01 |
| Sortino Ratio (1Y) | 0.84 | 1.47 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but GE Aerospace (GE) at 48.23% is the standout with ROE above its industry range; Eaton (ETN) at 19.68% also sits in the top quartile.
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%
GE
Capital Goods industry group
48.23%
- GE
- 48.23%
- Max
- 43.94%
- Q3
- 19.24%
- Median
- 11.55%
- Q1
- 2.68%
- Min
- -21.92%
Net Margin (TTM)
For every dollar of sales, both Eaton (ETN) at 12.75% and GE Aerospace (GE) at 17.72% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
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%
GE
Capital Goods industry group
17.72%
- Max
- 24.69%
- GE
- 17.72%
- Q3
- 11.88%
- Median
- 5.73%
- Q1
- 0.48%
- Min
- -14.15%
Operating Margin (TTM)
GE Aerospace (GE) at 20.57% operates in the top operating margin quartile, ahead of Eaton (ETN) at 16.56%, which runs around its industry’s norm.
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%
GE
Capital Goods industry group
20.57%
- Max
- 35.46%
- GE
- 20.57%
- Q3
- 17.18%
- Median
- 10.39%
- Q1
- 3.96%
- Min
- -13.10%
Profitability Metrics
| Metric | ETN | GE |
|---|---|---|
| ROE (TTM) | 19.68% | 48.23% |
| ROA (TTM) | 7.05% | 5.07% |
| Net Margin (TTM) | 12.75% | 17.72% |
| Operating Margin (TTM) | 16.56% | 20.57% |
| Gross Margin (TTM) | 36.02% | 31.05% |
Growth
Revenue Growth
Both Eaton (ETN) at 10.33% and GE Aerospace (GE) at 18.48% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
GE Aerospace (GE) at 35.89% sits in the top EPS growth quartile, while Eaton (ETN) at 10.00% is closer to the peer norm — faster per-share earnings growth for GE.
Growth Metrics
| Metric | ETN | GE |
|---|---|---|
| Revenue Growth (YoY) | 10.33% | 18.48% |
| Revenue Growth (3Y CAGR) | 9.77% | 16.32% |
| EPS Growth (YoY) | 10.00% | 35.89% |
| EPS Growth (3Y CAGR) | 19.39% | 446.03% |
Financial Strength
Current Ratio (MRQ)
Both Eaton (ETN) at 1.24 and GE Aerospace (GE) at 0.98 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
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
GE
Capital Goods industry group
0.98
- Max
- 5.28
- Q3
- 3.01
- Median
- 2.10
- Q1
- 1.44
- GE
- 0.98
- Min
- 0.76
Debt / Equity (MRQ)
Eaton (ETN) at 1.05 carries an industry-typical debt-to-equity mix, while GE Aerospace (GE) at 1.13 uses more debt funding than most peers.
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
GE
Capital Goods industry group
1.13
- Max
- 2.24
- GE
- 1.13
- Q3
- 1.08
- Median
- 0.59
- Q1
- 0.27
- Min
- 0.00
Financial Strength Metrics
| Metric | ETN | GE |
|---|---|---|
| Current Ratio (MRQ) | 1.24 | 0.98 |
| Debt / Equity (MRQ) | 1.05 | 1.13 |
| Net Debt / EBITDA | 3.11 | 0.90 |
Dividends
Dividend Yield (TTM)
Both Eaton (ETN) at 0.96% and GE Aerospace (GE) at 0.44% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
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%
GE
Capital Goods industry group
0.44%
- Max
- 2.46%
- Q3
- 1.01%
- GE
- 0.44%
- Median
- 0.11%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
GE Aerospace (GE) at 19.58% pays out a band-typical share of earnings, while Eaton (ETN) at 43.58% distributes more than its industry norm — less retained, thinner cover.
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%
GE
Capital Goods industry group
19.58%
- Max
- 69.23%
- Q3
- 28.81%
- GE
- 19.58%
- Median
- 6.31%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ETN | GE |
|---|---|---|
| Dividend Yield (TTM) | 0.96% | 0.44% |
| Dividend Payout Ratio (TTM) | 43.58% | 19.58% |
Valuation
P/E Ratio (TTM)
Both Eaton (ETN) at 45.64 and GE Aerospace (GE) at 44.27 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
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
GE
Capital Goods industry group
44.27
- Max
- 78.62
- Q3
- 45.64
- GE
- 44.27
- Median
- 32.92
- Q1
- 23.25
- Min
- 1.18
P/S Ratio (TTM)
Both Eaton (ETN) at 5.80 and GE Aerospace (GE) at 7.58 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
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
GE
Capital Goods industry group
7.58
- Max
- 9.85
- GE
- 7.58
- 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 GE Aerospace (GE) at 21.77 prices even higher, above its industry range.
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
GE
Capital Goods industry group
21.77
- GE
- 21.77
- Max
- 14.02
- Q3
- 6.90
- Median
- 3.95
- Q1
- 2.13
- Min
- -4.90
Valuation Metrics
| Metric | ETN | GE |
|---|---|---|
| P/E Ratio (TTM) | 45.64 | 44.27 |
| P/S Ratio (TTM) | 5.80 | 7.58 |
| P/B Ratio (MRQ) | 8.60 | 21.77 |
| Free Cash Flow Yield (TTM) | 1.78% | 1.72% |