Seek Returns

ETN vs. HEI: Eaton vs. HEICO Stock Comparison

How do Eaton (ETN) and HEICO (HEI) 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 HEICO (HEI) both fall under the Capital Goods industry group, but ETN is classified in Electrical Equipment while HEI is classified in Aerospace & Defense.

Company profile comparison for Eaton (ETN) and HEICO (HEI)
Profile ItemETNHEI
NameEaton Corporation plcHEICO Corporation
Country/RegionIrelandUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryElectrical EquipmentAerospace & Defense
GICS Sub-IndustryElectrical Components & EquipmentAerospace & Defense
Market Capitalization132.76 billion USD46.49 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJune 1, 1972March 17, 1980
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

ETN
HEI
GSPC
Loading price history…
Eaton (ETN) vs. HEICO (HEI), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for Eaton (ETN) and HEICO (HEI). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Eaton (ETN) and HEICO (HEI). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Eaton (ETN) and HEICO (HEI)
MetricETNHEI
Total Return (1Y)-2.33%6.50%
Total Return (3Y, Annualized)19.68%28.48%
Total Return (5Y, Annualized)17.50%18.19%

Risk Profile

Drawdown History

ETN
HEI
GSPC
Loading price history…
Eaton (ETN) vs. HEICO (HEI), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for Eaton (ETN) and HEICO (HEI). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Eaton (ETN) and HEICO (HEI)
MetricETNHEI
Volatility (1Y, Annualized)43.57%33.37%
Beta (5Y)1.141.06
Max Drawdown (5Y)-34.46%-27.11%
Avg. Volume (3M)2.32M480.74K

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
ETN and HEI are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Eaton (ETN) and HEICO (HEI)
MetricETNHEI
Sharpe Ratio (1Y)-0.150.07
Sortino Ratio (1Y)-0.210.10

Profitability

ROE (TTM)

Eaton (ETN) at 19.55% sits in the top ROE quartile, while HEICO (HEI) at 17.73% 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%

HEI

Capital Goods industry group

17.73%

Max
40.55%
Q3
19.29%
HEI
17.73%
Median
12.12%
Q1
4.08%
Min
-17.12%
Loading chart…
Eaton (ETN) vs. HEICO (HEI): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Eaton (ETN) at 12.18% and HEICO (HEI) at 16.38% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

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%

HEI

Capital Goods industry group

16.38%

Max
27.47%
HEI
16.38%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%
Loading chart…
Eaton (ETN) vs. HEICO (HEI): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

HEICO (HEI) at 25.14% operates in the top operating margin quartile, ahead of Eaton (ETN) at 17.85%, which runs around its industry’s norm.

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%

HEI

Capital Goods industry group

25.14%

Max
36.60%
HEI
25.14%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%
Loading chart…
Eaton (ETN) vs. HEICO (HEI): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Eaton (ETN) and HEICO (HEI)
MetricETNHEI
ROE (TTM)19.55%17.73%
ROA (TTM)7.22%8.50%
Net Margin (TTM)12.18%16.38%
Operating Margin (TTM)17.85%25.14%
Gross Margin (TTM)35.16%40.40%

Growth

Revenue Growth

Both Eaton (ETN) at 10.33% and HEICO (HEI) at 16.26% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Loading chart…
Eaton (ETN) vs. HEICO (HEI): A comparison of their Revenue Growth across different time periods.

EPS Growth

HEICO (HEI) at 33.52% 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 HEI.

Loading chart…
Eaton (ETN) vs. HEICO (HEI): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Eaton (ETN) and HEICO (HEI)
MetricETNHEI
Revenue Growth (YoY)10.33%16.26%
Revenue Growth (3Y CAGR)9.77%26.64%
EPS Growth (YoY)10.00%33.52%
EPS Growth (3Y CAGR)19.39%24.32%

Financial Strength

Current Ratio (MRQ)

HEICO (HEI) at 2.72 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

HEI

Capital Goods industry group

2.72

Max
5.22
Q3
2.95
HEI
2.72
Median
2.08
Q1
1.43
Min
0.36
Loading chart…
Eaton (ETN) vs. HEICO (HEI): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Eaton (ETN) at 1.00 and HEICO (HEI) at 0.45 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

HEI

Capital Goods industry group

0.45

Max
2.33
Q3
1.12
Median
0.60
HEI
0.45
Q1
0.29
Min
0.00
Loading chart…
Eaton (ETN) vs. HEICO (HEI): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Eaton (ETN) and HEICO (HEI)
MetricETNHEI
Current Ratio (MRQ)1.232.72
Debt / Equity (MRQ)1.000.45
Net Debt / EBITDA2.851.56

Dividends

Dividend Yield (TTM)

Eaton (ETN) at 1.33% delivers top-quartile income for its industry, while HEICO (HEI) at 0.08% 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%

HEI

Capital Goods industry group

0.08%

Max
2.66%
Q3
1.14%
Median
0.24%
HEI
0.08%
Q1
0.00%
Min
0.00%
Loading chart…
Eaton (ETN) vs. HEICO (HEI): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

HEICO (HEI) at 4.17% pays out a band-typical share of earnings, while Eaton (ETN) at 43.36% distributes more than its industry norm — less retained, thinner cover.

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%

HEI

Capital Goods industry group

4.17%

Max
67.39%
Q3
28.02%
Median
6.86%
HEI
4.17%
Q1
0.00%
Min
0.00%
Loading chart…
Eaton (ETN) vs. HEICO (HEI): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Eaton (ETN) and HEICO (HEI)
MetricETNHEI
Dividend Yield (TTM)1.33%0.08%
Dividend Payout Ratio (TTM)43.36%4.17%

Valuation

P/E Ratio (TTM)

Eaton (ETN) at 34.14 is near its industry’s usual P/E ratio, while HEICO (HEI) at 55.44 sits in the richer quartile — HEI 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

HEI

Capital Goods industry group

55.44

Max
59.38
HEI
55.44
Q3
35.92
Median
25.41
Q1
19.47
Min
3.03
Loading chart…
Eaton (ETN) vs. HEICO (HEI): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Both look expensive on sales: Eaton (ETN) at 4.15 sits in the upper P/S ratio quartile, and HEICO (HEI) at 8.98 prices even higher, above its industry range.

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

HEI

Capital Goods industry group

8.98

HEI
8.98
Max
7.54
Q3
3.76
Median
2.15
Q1
1.03
Min
0.03
Loading chart…
Eaton (ETN) vs. HEICO (HEI): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Both Eaton (ETN) at 6.33 and HEICO (HEI) at 9.40 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

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

HEI

Capital Goods industry group

9.40

Max
9.66
HEI
9.40
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08
Loading chart…
Eaton (ETN) vs. HEICO (HEI): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Eaton (ETN) and HEICO (HEI)
MetricETNHEI
P/E Ratio (TTM)34.1455.44
P/S Ratio (TTM)4.158.98
P/B Ratio (MRQ)6.339.40
Free Cash Flow Yield (TTM)2.29%1.82%