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Eaton (ETN) vs. GE Vernova (GEV)

This page compares Eaton (ETN) with GE Vernova (GEV) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.

Company Profile

Eaton (ETN) and GE Vernova (GEV) both belong to the Electrical Equipment industry, though ETN is classified under Electrical Components & Equipment while GEV falls under Heavy Electrical Equipment.

Eaton (ETN) carries decades of public-market history since June 1, 1972, while GE Vernova (GEV) listed on March 27, 2024 — long-window comparisons have far more historical data on the ETN side.

SymbolETNGEV
NameEaton Corporation plcGE Vernova Inc.
Country/RegionIrelandUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryElectrical EquipmentElectrical Equipment
GICS Sub-IndustryElectrical Components & EquipmentHeavy Electrical Equipment
Market Capitalization155.99 billion USD247.26 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJune 1, 1972March 27, 2024
Security TypeCommon StockCommon Stock

Valuation

Price-to-Earnings Ratio (TTM)

Both Eaton (ETN) at 39.23 and GE Vernova (GEV) at 26.88 post Price-to-Earnings Ratio (TTM) near the typical industry midpoint — neither company stands out strongly from peers on trailing earnings multiple.

ETN

Capital Goods industry group

39.23

Max
84.79
Q3
47.87
Median
32.91
Q1
22.79
Min
5.92

GEV

Capital Goods industry group

26.88

Max
84.79
Q3
47.87
Median
32.91
Q1
22.79
Min
5.92
Eaton (ETN) vs. GE Vernova (GEV): A comparison of their Price-to-Earnings Ratio (TTM) against the Capital Goods industry group benchmark.

Price-to-Sales Ratio (TTM)

Both Eaton (ETN) at 5.47 and GE Vernova (GEV) at 6.28 command a richer price per dollar of sales than most peers, sitting in the upper Price-to-Sales Ratio (TTM) quartile of their industries.

ETN

Capital Goods industry group

5.47

Max
10.02
Q3
4.86
Median
2.69
Q1
1.32
Min
0.05

GEV

Capital Goods industry group

6.28

Max
10.02
Q3
4.86
Median
2.69
Q1
1.32
Min
0.05
Eaton (ETN) vs. GE Vernova (GEV): A comparison of their Price-to-Sales Ratio (TTM) against the Capital Goods industry group benchmark.

Price-to-Book Ratio (MRQ)

Both look rich against book: Eaton (ETN) at 7.91 sits in the upper Price-to-Book Ratio (MRQ) quartile, and GE Vernova (GEV) at 17.76 prices even higher, above its industry range.

ETN

Capital Goods industry group

7.91

Max
13.93
Q3
6.84
Median
3.81
Q1
2.10
Min
-4.84

GEV

Capital Goods industry group

17.76

Max
13.93
Q3
6.84
Median
3.81
Q1
2.10
Min
-4.84
Eaton (ETN) vs. GE Vernova (GEV): A comparison of their Price-to-Book Ratio (MRQ) against the Capital Goods industry group benchmark.

Valuation at a Glance

SymbolETNGEV
Price-to-Earnings Ratio (TTM)39.2326.88
Price-to-Sales Ratio (TTM)5.476.28
Price-to-Book Ratio (MRQ)7.9117.76
Free Cash Flow Yield1.70%3.77%

Profitability

Return on Equity (TTM)

GE Vernova (GEV) leads with Return on Equity (TTM) of 75.71%, above its industry benchmark range, while Eaton (ETN) at 20.85% also ranks strongly in the top quartile.

ETN

Capital Goods industry group

20.85%

Max
46.13%
Q3
20.05%
Median
11.19%
Q1
2.17%
Min
-23.78%

GEV

Capital Goods industry group

75.71%

Max
46.13%
Q3
20.05%
Median
11.19%
Q1
2.17%
Min
-23.78%
Eaton (ETN) vs. GE Vernova (GEV): A comparison of their Return on Equity (TTM) against the Capital Goods industry group benchmark.

Net Profit Margin (TTM)

For every dollar of sales, both Eaton (ETN) at 13.99% and GE Vernova (GEV) at 23.81% retain more as net profit than most peers, landing in the top Net Profit Margin (TTM) quartile of their industries.

ETN

Capital Goods industry group

13.99%

Max
24.69%
Q3
11.55%
Median
5.75%
Q1
0.30%
Min
-13.94%

GEV

Capital Goods industry group

23.81%

Max
24.69%
Q3
11.55%
Median
5.75%
Q1
0.30%
Min
-13.94%
Eaton (ETN) vs. GE Vernova (GEV): A comparison of their Net Profit Margin (TTM) against the Capital Goods industry group benchmark.

Operating Profit Margin (TTM)

Eaton (ETN) at 16.11% operates in the top Operating Profit Margin (TTM) quartile, ahead of GE Vernova (GEV) at 5.46%, which runs around its industry’s norm.

ETN

Capital Goods industry group

16.11%

Max
29.84%
Q3
15.85%
Median
8.13%
Q1
1.80%
Min
-17.50%

GEV

Capital Goods industry group

5.46%

Max
29.84%
Q3
15.85%
Median
8.13%
Q1
1.80%
Min
-17.50%
Eaton (ETN) vs. GE Vernova (GEV): A comparison of their Operating Profit Margin (TTM) against the Capital Goods industry group benchmark.

Profitability at a Glance

SymbolETNGEV
Return on Equity (TTM)20.85%75.71%
Return on Assets (TTM)7.02%2.38%
Net Profit Margin (TTM)13.99%23.81%
Operating Profit Margin (TTM)16.11%5.46%
Gross Profit Margin (TTM)37.11%20.28%

Growth

Revenue Growth

Eaton (ETN) vs. GE Vernova (GEV): A comparison of their Revenue Growth across different time periods.

Revenue Growth at a Glance

SymbolETNGEV
1-Year Revenue Growth10.33%8.97%
3-Year Revenue CAGR9.77%8.68%

EPS Growth

Eaton (ETN) vs. GE Vernova (GEV): A comparison of their EPS Growth across different time periods.

EPS Growth at a Glance

SymbolETNGEV
1-Year EPS Growth10.00%217.03%
3-Year EPS CAGR19.39%--

Financial Strength

Current Ratio (MRQ)

Both Eaton (ETN) at 1.19 and GE Vernova (GEV) at 0.89 run Current Ratio (MRQ) in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

ETN

Capital Goods industry group

1.19

Max
5.24
Q3
2.98
Median
2.12
Q1
1.45
Min
0.71

GEV

Capital Goods industry group

0.89

Max
5.24
Q3
2.98
Median
2.12
Q1
1.45
Min
0.71
Eaton (ETN) vs. GE Vernova (GEV): A comparison of their Current Ratio (MRQ) against the Capital Goods industry group benchmark.

Debt-to-Equity Ratio (MRQ)

GE Vernova (GEV) at 0.25 maintains Debt-to-Equity Ratio (MRQ) in the lower-leverage quartile, while Eaton (ETN) at 1.10 sits in the higher-leverage quartile.

ETN

Capital Goods industry group

1.10

Max
2.31
Q3
1.08
Median
0.62
Q1
0.27
Min
0.00

GEV

Capital Goods industry group

0.25

Max
2.31
Q3
1.08
Median
0.62
Q1
0.27
Min
0.00
Eaton (ETN) vs. GE Vernova (GEV): A comparison of their Debt-to-Equity Ratio (MRQ) against the Capital Goods industry group benchmark.

Financial Strength at a Glance

SymbolETNGEV
Current Ratio (MRQ)1.190.89
Debt-to-Equity Ratio (MRQ)1.100.25
Net Debt / EBITDA3.32-1.76

Dividends

Dividend Yield (TTM)

Eaton (ETN) at 1.10% reports Dividend Yield (TTM) in the top quartile of industry peers, ahead of GE Vernova (GEV) at 0.22%, which sits around the industry mid-range.

ETN

Capital Goods industry group

1.10%

Max
2.67%
Q3
1.09%
Median
0.21%
Q1
0.00%
Min
0.00%

GEV

Capital Goods industry group

0.22%

Max
2.67%
Q3
1.09%
Median
0.21%
Q1
0.00%
Min
0.00%
Eaton (ETN) vs. GE Vernova (GEV): A comparison of their Dividend Yield (TTM) against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

GE Vernova (GEV) at 5.11% maintains Dividend Payout Ratio (TTM) around its industry median — a balanced dividend policy. Eaton (ETN) at 41.29% sits outside the typical mid-range, leaning toward more retention or more distribution than the industry median.

ETN

Capital Goods industry group

41.29%

Max
72.02%
Q3
29.49%
Median
6.03%
Q1
0.00%
Min
0.00%

GEV

Capital Goods industry group

5.11%

Max
72.02%
Q3
29.49%
Median
6.03%
Q1
0.00%
Min
0.00%
Eaton (ETN) vs. GE Vernova (GEV): A comparison of their Dividend Payout Ratio (TTM) against the Capital Goods industry group benchmark.

Dividends at a Glance

SymbolETNGEV
Dividend Yield (TTM)1.10%0.22%
Dividend Payout Ratio (TTM)41.29%5.11%

Performance & Risk

ETN
GEV
Loading price history…
Eaton (ETN) vs. GE Vernova (GEV): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Performance & Risk at a Glance

SymbolETNGEV
1-Year Return23.04%92.97%
1-Year Volatility32.62%48.81%
Beta1.191.13
3-Month Avg. Volume2.61M2.50M