ETN vs. OTIS: Eaton vs. Otis Worldwide Stock Comparison
How do Eaton (ETN) and Otis Worldwide (OTIS) 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 Otis Worldwide (OTIS) both fall under the Capital Goods industry group, but ETN is classified in Electrical Equipment while OTIS is classified in Machinery.
Eaton (ETN) has more than two decades of public-market history since June 1, 1972, whereas Otis Worldwide (OTIS) listed on March 19, 2020 and has a much shorter record to draw on.
| Profile Item | ETN | OTIS |
|---|---|---|
| Name | Eaton Corporation plc | Otis Worldwide Corporation |
| Country/Region | Ireland | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Electrical Equipment | Machinery |
| GICS Sub-Industry | Electrical Components & Equipment | Industrial Machinery & Supplies & Components |
| Market Capitalization | 132.76 billion USD | 30.06 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 1, 1972 | March 19, 2020 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ETN | OTIS |
|---|---|---|
| Total Return (1Y) | -2.33% | -10.81% |
| Total Return (3Y, Annualized) | 19.68% | 1.33% |
| Total Return (5Y, Annualized) | 17.50% | 0.66% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ETN | OTIS |
|---|---|---|
| Volatility (1Y, Annualized) | 43.57% | 23.24% |
| Beta (5Y) | 1.14 | 0.85 |
| Max Drawdown (5Y) | -34.46% | -37.22% |
| Avg. Volume (3M) | 2.32M | 4.42M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ETN | OTIS |
|---|---|---|
| Sharpe Ratio (1Y) | -0.15 | -0.65 |
| Sortino Ratio (1Y) | -0.21 | -0.92 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Eaton (ETN) earns 19.55% on shareholders’ equity, ranked against its industry; Otis Worldwide (OTIS) has no ROE this period.
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%
OTIS
Capital Goods industry group
--
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
- OTIS
- --
Net Margin (TTM)
Eaton (ETN) at 12.18% retains a top-quartile share of revenue as profit, ahead of Otis Worldwide (OTIS) at 10.28%, 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%
OTIS
Capital Goods industry group
10.28%
- Max
- 27.47%
- Q3
- 12.10%
- OTIS
- 10.28%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both Eaton (ETN) at 17.85% and Otis Worldwide (OTIS) at 15.97% 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%
OTIS
Capital Goods industry group
15.97%
- Max
- 36.60%
- Q3
- 18.33%
- OTIS
- 15.97%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | ETN | OTIS |
|---|---|---|
| ROE (TTM) | 19.55% | -- |
| ROA (TTM) | 7.22% | 13.26% |
| Net Margin (TTM) | 12.18% | 10.28% |
| Operating Margin (TTM) | 17.85% | 15.97% |
| Gross Margin (TTM) | 35.16% | 29.95% |
Growth
Revenue Growth
Eaton (ETN) at 10.33% is around its peer norm for revenue growth, while Otis Worldwide (OTIS) at 1.19% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both Eaton (ETN) at 10.00% and Otis Worldwide (OTIS) at -14.00% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | ETN | OTIS |
|---|---|---|
| Revenue Growth (YoY) | 10.33% | 1.19% |
| Revenue Growth (3Y CAGR) | 9.77% | 1.79% |
| EPS Growth (YoY) | 10.00% | -14.00% |
| EPS Growth (3Y CAGR) | 19.39% | 5.74% |
Financial Strength
Current Ratio (MRQ)
Both Eaton (ETN) at 1.23 and Otis Worldwide (OTIS) at 0.86 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
OTIS
Capital Goods industry group
0.86
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- OTIS
- 0.86
- Min
- 0.36
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Eaton (ETN) carries debt-to-equity ratio of 1.00 against its industry range, while Otis Worldwide (OTIS) reports no figure this period.
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
OTIS
Capital Goods industry group
--
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
- OTIS
- --
Financial Strength Metrics
| Metric | ETN | OTIS |
|---|---|---|
| Current Ratio (MRQ) | 1.23 | 0.86 |
| Debt / Equity (MRQ) | 1.00 | -- |
| Net Debt / EBITDA | 2.85 | 3.12 |
Dividends
Dividend Yield (TTM)
Both Eaton (ETN) at 1.33% and Otis Worldwide (OTIS) at 2.16% 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%
OTIS
Capital Goods industry group
2.16%
- Max
- 2.66%
- OTIS
- 2.16%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Eaton (ETN) at 43.36% and Otis Worldwide (OTIS) at 42.79% 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%
OTIS
Capital Goods industry group
42.79%
- Max
- 67.39%
- OTIS
- 42.79%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ETN | OTIS |
|---|---|---|
| Dividend Yield (TTM) | 1.33% | 2.16% |
| Dividend Payout Ratio (TTM) | 43.36% | 42.79% |
Valuation
P/E Ratio (TTM)
Both Eaton (ETN) at 34.14 and Otis Worldwide (OTIS) at 19.64 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
OTIS
Capital Goods industry group
19.64
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- OTIS
- 19.64
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Otis Worldwide (OTIS) at 1.99 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
OTIS
Capital Goods industry group
1.99
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- OTIS
- 1.99
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Otis Worldwide (OTIS) reports a negative P/B ratio of -5.54, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Eaton (ETN) reports 6.33, ranking against industry peers normally.
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
OTIS
Capital Goods industry group
-5.54
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
- OTIS
- -5.54
Valuation Metrics
| Metric | ETN | OTIS |
|---|---|---|
| P/E Ratio (TTM) | 34.14 | 19.64 |
| P/S Ratio (TTM) | 4.15 | 1.99 |
| P/B Ratio (MRQ) | 6.33 | -5.54 |
| Free Cash Flow Yield (TTM) | 2.29% | 4.61% |