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ETN vs. MLI: Eaton vs. Mueller Industries Stock Comparison

How do Eaton (ETN) and Mueller Industries (MLI) 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 Mueller Industries (MLI) both fall under the Capital Goods industry group, but ETN is classified in Electrical Equipment while MLI is classified in Machinery.

Company profile comparison for Eaton (ETN) and Mueller Industries (MLI)
Profile ItemETNMLI
NameEaton Corporation plcMueller Industries, Inc.
Country/RegionIrelandUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryElectrical EquipmentMachinery
GICS Sub-IndustryElectrical Components & EquipmentIndustrial Machinery & Supplies & Components
Market Capitalization132.76 billion USD11.54 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJune 1, 1972February 25, 1991
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

ETN
MLI
GSPC
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Eaton (ETN) vs. Mueller Industries (MLI), 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 Mueller Industries (MLI). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Eaton (ETN) and Mueller Industries (MLI). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Eaton (ETN) and Mueller Industries (MLI)
MetricETNMLI
Total Return (1Y)-2.33%3.68%
Total Return (3Y, Annualized)19.68%44.56%
Total Return (5Y, Annualized)17.50%32.39%

Risk Profile

Drawdown History

ETN
MLI
GSPC
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Eaton (ETN) vs. Mueller Industries (MLI), 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 Mueller Industries (MLI). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Eaton (ETN) and Mueller Industries (MLI)
MetricETNMLI
Volatility (1Y, Annualized)43.57%34.44%
Beta (5Y)1.141.01
Max Drawdown (5Y)-34.46%-27.79%
Avg. Volume (3M)2.32M1.61M

Risk-Adjusted Performance

Risk-Return Positioning

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ETN and MLI 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 Mueller Industries (MLI)
MetricETNMLI
Sharpe Ratio (1Y)-0.15-0.02
Sortino Ratio (1Y)-0.21-0.02

Profitability

ROE (TTM)

Both Eaton (ETN) at 19.55% and Mueller Industries (MLI) at 26.26% 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%

MLI

Capital Goods industry group

26.26%

Max
40.55%
MLI
26.26%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%
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Eaton (ETN) vs. Mueller Industries (MLI): 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 Mueller Industries (MLI) at 17.27% 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%

MLI

Capital Goods industry group

17.27%

Max
27.47%
MLI
17.27%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%
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Eaton (ETN) vs. Mueller Industries (MLI): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Mueller Industries (MLI) at 19.53% 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%

MLI

Capital Goods industry group

19.53%

Max
36.60%
MLI
19.53%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%
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Eaton (ETN) vs. Mueller Industries (MLI): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Eaton (ETN) and Mueller Industries (MLI)
MetricETNMLI
ROE (TTM)19.55%26.26%
ROA (TTM)7.22%16.23%
Net Margin (TTM)12.18%17.27%
Operating Margin (TTM)17.85%19.53%
Gross Margin (TTM)35.16%27.25%

Growth

Revenue Growth

Both Eaton (ETN) at 10.33% and Mueller Industries (MLI) at 10.87% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Eaton (ETN) vs. Mueller Industries (MLI): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Eaton (ETN) at 10.00% and Mueller Industries (MLI) at 29.19% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Eaton (ETN) vs. Mueller Industries (MLI): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Eaton (ETN) and Mueller Industries (MLI)
MetricETNMLI
Revenue Growth (YoY)10.33%10.87%
Revenue Growth (3Y CAGR)9.77%1.62%
EPS Growth (YoY)10.00%29.19%
EPS Growth (3Y CAGR)19.39%5.63%

Financial Strength

Current Ratio (MRQ)

Mueller Industries (MLI) at 4.39 carries current ratio above its industry’s typical mid-range, while Eaton (ETN) at 1.23 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

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

MLI

Capital Goods industry group

4.39

Max
5.22
MLI
4.39
Q3
2.95
Median
2.08
Q1
1.43
Min
0.36
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Eaton (ETN) vs. Mueller Industries (MLI): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Mueller Industries (MLI) at 0.01 keeps leverage in the lower industry quartile, while Eaton (ETN) at 1.00 runs a more typical debt-to-equity mix.

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

MLI

Capital Goods industry group

0.01

Max
2.33
Q3
1.12
Median
0.60
Q1
0.29
MLI
0.01
Min
0.00
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Eaton (ETN) vs. Mueller Industries (MLI): 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 Mueller Industries (MLI)
MetricETNMLI
Current Ratio (MRQ)1.234.39
Debt / Equity (MRQ)1.000.01
Net Debt / EBITDA2.85-1.31

Dividends

Dividend Yield (TTM)

Both Eaton (ETN) at 1.33% and Mueller Industries (MLI) at 1.24% offer top-quartile dividend income relative to share price within their industries.

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%

MLI

Capital Goods industry group

1.24%

Max
2.66%
MLI
1.24%
Q3
1.14%
Median
0.24%
Q1
0.00%
Min
0.00%
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Eaton (ETN) vs. Mueller Industries (MLI): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Mueller Industries (MLI) at 16.67% 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%

MLI

Capital Goods industry group

16.67%

Max
67.39%
Q3
28.02%
MLI
16.67%
Median
6.86%
Q1
0.00%
Min
0.00%
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Eaton (ETN) vs. Mueller Industries (MLI): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Eaton (ETN) and Mueller Industries (MLI)
MetricETNMLI
Dividend Yield (TTM)1.33%1.24%
Dividend Payout Ratio (TTM)43.36%16.67%

Valuation

P/E Ratio (TTM)

Mueller Industries (MLI) at 13.58 sits in the cheaper P/E ratio quartile, while Eaton (ETN) at 34.14 is closer to its industry’s usual earnings multiple — a discount for MLI, though growth and earnings durability still matter.

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

MLI

Capital Goods industry group

13.58

Max
59.38
Q3
35.92
Median
25.41
Q1
19.47
MLI
13.58
Min
3.03
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Eaton (ETN) vs. Mueller Industries (MLI): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Mueller Industries (MLI) at 2.31 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

MLI

Capital Goods industry group

2.31

Max
7.54
Q3
3.76
MLI
2.31
Median
2.15
Q1
1.03
Min
0.03
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Eaton (ETN) vs. Mueller Industries (MLI): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Mueller Industries (MLI) at 0.33 looks cheap against book in the lower P/B ratio quartile, while Eaton (ETN) at 6.33 carries a premium in the upper quartile — a clear price-to-book gap.

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

MLI

Capital Goods industry group

0.33

Max
9.66
Q3
5.00
Median
3.12
Q1
1.81
MLI
0.33
Min
-1.08
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Eaton (ETN) vs. Mueller Industries (MLI): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Eaton (ETN) and Mueller Industries (MLI)
MetricETNMLI
P/E Ratio (TTM)34.1413.58
P/S Ratio (TTM)4.152.31
P/B Ratio (MRQ)6.330.33
Free Cash Flow Yield (TTM)2.29%4.65%