ETN vs. JCI: Eaton vs. Johnson Controls Stock Comparison

November 11, 2026

How do Eaton (ETN) and Johnson Controls (JCI) 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 Johnson Controls (JCI) both fall under the Capital Goods industry group, but ETN is classified in Electrical Equipment while JCI is classified in Building Products.

Company profile comparison for Eaton (ETN) and Johnson Controls (JCI)
Profile Item	ETN	JCI
Name	Eaton Corporation plc	Johnson Controls International plc
Country/Region	Ireland	Ireland
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Electrical Equipment	Building Products
GICS Sub-Industry	Electrical Components & Equipment	Building Products
Market Capitalization	132.76 billion USD	81.79 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	June 1, 1972	September 28, 1987
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

ETN

JCI

GSPC

Eaton (ETN) vs. Johnson Controls (JCI), 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

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Trailing total returns for Eaton (ETN) and Johnson Controls (JCI). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Eaton (ETN) and Johnson Controls (JCI). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Eaton (ETN) and Johnson Controls (JCI)
Metric	ETN	JCI
Total Return (1Y)	-2.33%	17.11%
Total Return (3Y, Annualized)	19.68%	43.46%
Total Return (5Y, Annualized)	17.50%	15.29%

Risk Profile

Drawdown History

ETN

JCI

GSPC

Eaton (ETN) vs. Johnson Controls (JCI), 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

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Distribution of monthly total returns for Eaton (ETN) and Johnson Controls (JCI). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Eaton (ETN) and Johnson Controls (JCI)
Metric	ETN	JCI
Volatility (1Y, Annualized)	43.57%	32.91%
Beta (5Y)	1.14	1.29
Max Drawdown (5Y)	-34.46%	-42.32%
Avg. Volume (3M)	2.32M	3.57M

Risk-Adjusted Performance

Risk-Return Positioning

ETN and JCI 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 Johnson Controls (JCI)
Metric	ETN	JCI
Sharpe Ratio (1Y)	-0.15	0.39
Sortino Ratio (1Y)	-0.21	0.54

Profitability

ROE (TTM)

Both Eaton (ETN) at 19.55% and Johnson Controls (JCI) at 21.73% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

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%

JCI

Capital Goods industry group

21.73%

Max: 40.55%
JCI: 21.73%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Eaton (ETN) vs. Johnson Controls (JCI): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Eaton (ETN) at 12.18% retains a top-quartile share of revenue as profit, ahead of Johnson Controls (JCI) at 11.12%, 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%

JCI

Capital Goods industry group

11.12%

Max: 27.47%
Q3: 12.10%
JCI: 11.12%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Eaton (ETN) vs. Johnson Controls (JCI): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Eaton (ETN) at 17.85% and Johnson Controls (JCI) at 17.21% 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%

JCI

Capital Goods industry group

17.21%

Max: 36.60%
Q3: 18.33%
JCI: 17.21%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

Eaton (ETN) vs. Johnson Controls (JCI): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Eaton (ETN) and Johnson Controls (JCI)
Metric	ETN	JCI
ROE (TTM)	19.55%	21.73%
ROA (TTM)	7.22%	6.41%
Net Margin (TTM)	12.18%	11.12%
Operating Margin (TTM)	17.85%	17.21%
Gross Margin (TTM)	35.16%	37.07%

Growth

Revenue Growth

Both Eaton (ETN) at 10.33% and Johnson Controls (JCI) at 2.81% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Eaton (ETN) vs. Johnson Controls (JCI): A comparison of their Revenue Growth across different time periods.

EPS Growth

Johnson Controls (JCI) at 99.60% 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 JCI.

Eaton (ETN) vs. Johnson Controls (JCI): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Eaton (ETN) and Johnson Controls (JCI)
Metric	ETN	JCI
Revenue Growth (YoY)	10.33%	2.81%
Revenue Growth (3Y CAGR)	9.77%	4.57%
EPS Growth (YoY)	10.00%	99.60%
EPS Growth (3Y CAGR)	19.39%	31.94%

Financial Strength

Current Ratio (MRQ)

Both Eaton (ETN) at 1.23 and Johnson Controls (JCI) at 0.90 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

1.23

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
ETN: 1.23
Min: 0.36

JCI

Capital Goods industry group

0.90

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
JCI: 0.90
Min: 0.36

Eaton (ETN) vs. Johnson Controls (JCI): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Eaton (ETN) at 1.00 and Johnson Controls (JCI) at 0.68 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

JCI

Capital Goods industry group

0.68

Max: 2.33
Q3: 1.12
JCI: 0.68
Median: 0.60
Q1: 0.29
Min: 0.00

Eaton (ETN) vs. Johnson Controls (JCI): 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 Johnson Controls (JCI)
Metric	ETN	JCI
Current Ratio (MRQ)	1.23	0.90
Debt / Equity (MRQ)	1.00	0.68
Net Debt / EBITDA	2.85	1.86

Dividends

Dividend Yield (TTM)

Johnson Controls (JCI) 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 1.33%, ranking against industry peers normally.

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%

JCI

Capital Goods industry group

0.00%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
JCI: 0.00%
Q1: 0.00%
Min: 0.00%

Eaton (ETN) vs. Johnson Controls (JCI): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Both Eaton (ETN) at 43.36% and Johnson Controls (JCI) at 45.20% 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%

JCI

Capital Goods industry group

45.20%

Max: 67.39%
JCI: 45.20%
Q3: 28.02%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

Eaton (ETN) vs. Johnson Controls (JCI): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Eaton (ETN) and Johnson Controls (JCI)
Metric	ETN	JCI
Dividend Yield (TTM)	1.33%	0.00%
Dividend Payout Ratio (TTM)	43.36%	45.20%

Valuation

P/E Ratio (TTM)

Both Eaton (ETN) at 34.14 and Johnson Controls (JCI) at 28.61 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

34.14

Max: 59.38
Q3: 35.92
ETN: 34.14
Median: 25.41
Q1: 19.47
Min: 3.03

JCI

Capital Goods industry group

28.61

Max: 59.38
Q3: 35.92
JCI: 28.61
Median: 25.41
Q1: 19.47
Min: 3.03

Eaton (ETN) vs. Johnson Controls (JCI): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Johnson Controls (JCI) at 3.19 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

JCI

Capital Goods industry group

3.19

Max: 7.54
Q3: 3.76
JCI: 3.19
Median: 2.15
Q1: 1.03
Min: 0.03

Eaton (ETN) vs. Johnson Controls (JCI): 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 Johnson Controls (JCI) at 5.99 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

JCI

Capital Goods industry group

5.99

Max: 9.66
JCI: 5.99
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

Eaton (ETN) vs. Johnson Controls (JCI): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Eaton (ETN) and Johnson Controls (JCI)
Metric	ETN	JCI
P/E Ratio (TTM)	34.14	28.61
P/S Ratio (TTM)	4.15	3.19
P/B Ratio (MRQ)	6.33	5.99
Free Cash Flow Yield (TTM)	2.29%	3.81%