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ETN vs. NVT: Eaton vs. nVent Electric Stock Comparison

How do Eaton (ETN) and nVent Electric (NVT) 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 nVent Electric (NVT) are both classified in the Electrical Components & Equipment sub-industry within the broader Electrical Equipment industry, placing them in the closest GICS peer bucket.

Company profile comparison for Eaton (ETN) and nVent Electric (NVT)
Profile ItemETNNVT
NameEaton Corporation plcnVent Electric plc
Country/RegionIrelandUnited Kingdom
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryElectrical EquipmentElectrical Equipment
GICS Sub-IndustryElectrical Components & EquipmentElectrical Components & Equipment
Market Capitalization132.76 billion USD17.16 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJune 1, 1972April 24, 2018
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

ETN
NVT
GSPC
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Eaton (ETN) vs. nVent Electric (NVT), 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 nVent Electric (NVT). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Eaton (ETN) and nVent Electric (NVT). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Eaton (ETN) and nVent Electric (NVT)
MetricETNNVT
Total Return (1Y)-2.33%2.86%
Total Return (3Y, Annualized)19.68%32.72%
Total Return (5Y, Annualized)17.50%26.96%

Risk Profile

Drawdown History

ETN
NVT
GSPC
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Eaton (ETN) vs. nVent Electric (NVT), 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 nVent Electric (NVT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Eaton (ETN) and nVent Electric (NVT)
MetricETNNVT
Volatility (1Y, Annualized)43.57%53.94%
Beta (5Y)1.141.41
Max Drawdown (5Y)-34.46%-46.67%
Avg. Volume (3M)2.32M2.54M

Risk-Adjusted Performance

Risk-Return Positioning

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ETN and NVT 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 nVent Electric (NVT)
MetricETNNVT
Sharpe Ratio (1Y)-0.15-0.03
Sortino Ratio (1Y)-0.21-0.03

Profitability

ROE (TTM)

Eaton (ETN) at 19.55% sits in the top ROE quartile, while nVent Electric (NVT) at 17.42% 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%

NVT

Capital Goods industry group

17.42%

Max
40.55%
Q3
19.29%
NVT
17.42%
Median
12.12%
Q1
4.08%
Min
-17.12%
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Eaton (ETN) vs. nVent Electric (NVT): 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 nVent Electric (NVT) at 12.83% 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%

NVT

Capital Goods industry group

12.83%

Max
27.47%
NVT
12.83%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%
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Eaton (ETN) vs. nVent Electric (NVT): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

nVent Electric (NVT) at 18.75% 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%

NVT

Capital Goods industry group

18.75%

Max
36.60%
NVT
18.75%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%
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Eaton (ETN) vs. nVent Electric (NVT): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Eaton (ETN) and nVent Electric (NVT)
MetricETNNVT
ROE (TTM)19.55%17.42%
ROA (TTM)7.22%7.88%
Net Margin (TTM)12.18%12.83%
Operating Margin (TTM)17.85%18.75%
Gross Margin (TTM)35.16%36.17%

Growth

Revenue Growth

nVent Electric (NVT) at 29.51% sits in the top revenue growth quartile, while Eaton (ETN) at 10.33% is closer to the peer norm — faster top-line expansion for NVT.

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Eaton (ETN) vs. nVent Electric (NVT): A comparison of their Revenue Growth across different time periods.

EPS Growth

nVent Electric (NVT) at 118.78% clears its industry range for EPS growth, a much stronger earnings trajectory than Eaton (ETN) at 10.00%, which is closer to a typical peer reading.

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Eaton (ETN) vs. nVent Electric (NVT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Eaton (ETN) and nVent Electric (NVT)
MetricETNNVT
Revenue Growth (YoY)10.33%29.51%
Revenue Growth (3Y CAGR)9.77%19.26%
EPS Growth (YoY)10.00%118.78%
EPS Growth (3Y CAGR)19.39%21.89%

Financial Strength

Current Ratio (MRQ)

nVent Electric (NVT) at 2.40 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

NVT

Capital Goods industry group

2.40

Max
5.22
Q3
2.95
NVT
2.40
Median
2.08
Q1
1.43
Min
0.36
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Eaton (ETN) vs. nVent Electric (NVT): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Eaton (ETN) at 1.00 and nVent Electric (NVT) at 0.57 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

NVT

Capital Goods industry group

0.57

Max
2.33
Q3
1.12
Median
0.60
NVT
0.57
Q1
0.29
Min
0.00
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Eaton (ETN) vs. nVent Electric (NVT): 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 nVent Electric (NVT)
MetricETNNVT
Current Ratio (MRQ)1.232.40
Debt / Equity (MRQ)1.000.57
Net Debt / EBITDA2.851.05

Dividends

Dividend Yield (TTM)

Eaton (ETN) at 1.33% delivers top-quartile income for its industry, while nVent Electric (NVT) at 0.84% 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%

NVT

Capital Goods industry group

0.84%

Max
2.66%
Q3
1.14%
NVT
0.84%
Median
0.24%
Q1
0.00%
Min
0.00%
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Eaton (ETN) vs. nVent Electric (NVT): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

nVent Electric (NVT) at 20.15% 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%

NVT

Capital Goods industry group

20.15%

Max
67.39%
Q3
28.02%
NVT
20.15%
Median
6.86%
Q1
0.00%
Min
0.00%
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Eaton (ETN) vs. nVent Electric (NVT): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Eaton (ETN) and nVent Electric (NVT)
MetricETNNVT
Dividend Yield (TTM)1.33%0.84%
Dividend Payout Ratio (TTM)43.36%20.15%

Valuation

P/E Ratio (TTM)

Both Eaton (ETN) at 34.14 and nVent Electric (NVT) at 25.78 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

NVT

Capital Goods industry group

25.78

Max
59.38
Q3
35.92
NVT
25.78
Median
25.41
Q1
19.47
Min
3.03
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Eaton (ETN) vs. nVent Electric (NVT): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

nVent Electric (NVT) at 3.24 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

NVT

Capital Goods industry group

3.24

Max
7.54
Q3
3.76
NVT
3.24
Median
2.15
Q1
1.03
Min
0.03
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Eaton (ETN) vs. nVent Electric (NVT): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

nVent Electric (NVT) at 4.17 is valued about in line with its industry on P/B ratio, while Eaton (ETN) at 6.33 carries an above-peer premium to book — ETN is pricier on assets.

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

NVT

Capital Goods industry group

4.17

Max
9.66
Q3
5.00
NVT
4.17
Median
3.12
Q1
1.81
Min
-1.08
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Eaton (ETN) vs. nVent Electric (NVT): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Eaton (ETN) and nVent Electric (NVT)
MetricETNNVT
P/E Ratio (TTM)34.1425.78
P/S Ratio (TTM)4.153.24
P/B Ratio (MRQ)6.334.17
Free Cash Flow Yield (TTM)2.29%2.93%