ETN vs. RTX: A Head-to-Head Stock Comparison
Here’s a clear look at ETN and RTX, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | ETN | RTX |
|---|---|---|
| Company Name | Eaton Corporation plc | RTX Corporation |
| Country | Ireland | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Electrical Equipment | Aerospace & Defense |
| GICS Sub-Industry | Electrical Components & Equipment | Aerospace & Defense |
| Market Capitalization | 162.70 billion USD | 240.53 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 1, 1972 | April 2, 1962 |
| Security Type | Common Stock | Common Stock |
ETN’s market capitalization stands at 162.70 billion USD, while RTX’s is 240.53 billion USD, indicating their market valuations are broadly comparable.
Historical Performance
This chart compares the performance of ETN and RTX by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | ETN | RTX |
|---|---|---|
| 5-Day Price Return | 1.98% | 3.32% |
| 13-Week Price Return | 12.09% | -10.09% |
| 26-Week Price Return | 8.39% | 0.89% |
| 52-Week Price Return | 35.22% | 38.81% |
| Month-to-Date Return | -3.24% | 1.44% |
| Year-to-Date Return | 31.55% | -2.61% |
| 10-Day Avg. Volume | 3.33M | 5.62M |
| 3-Month Avg. Volume | 2.81M | 5.92M |
| 3-Month Volatility | 38.67% | 26.43% |
| Beta | 1.24 | 0.31 |
ETN’s beta of 1.24 points to significantly higher volatility compared to RTX (beta: 0.31), suggesting ETN has greater potential for both gains and losses relative to market movements.
Profitability
Return on Equity (TTM)
ETN
21.70%
Electrical Equipment Industry
- Max
- 42.06%
- Q3
- 26.89%
- Median
- 15.05%
- Q1
- -10.76%
- Min
- -62.42%
ETN’s Return on Equity of 21.70% is on par with the norm for the Electrical Equipment industry, indicating its profitability relative to shareholder equity is typical for the sector.
RTX
11.23%
Aerospace & Defense Industry
- Max
- 37.11%
- Q3
- 16.85%
- Median
- 10.69%
- Q1
- -2.08%
- Min
- -27.49%
RTX’s Return on Equity of 11.23% is on par with the norm for the Aerospace & Defense industry, indicating its profitability relative to shareholder equity is typical for the sector.
Net Profit Margin (TTM)
ETN
15.22%
Electrical Equipment Industry
- Max
- 46.70%
- Q3
- 16.13%
- Median
- 10.37%
- Q1
- -39.83%
- Min
- -107.51%
ETN’s Net Profit Margin of 15.22% is aligned with the median group of its peers in the Electrical Equipment industry. This indicates its ability to convert revenue into profit is typical for the sector.
RTX
8.03%
Aerospace & Defense Industry
- Max
- 22.24%
- Q3
- 9.64%
- Median
- 6.65%
- Q1
- 0.42%
- Min
- -4.12%
RTX’s Net Profit Margin of 8.03% is aligned with the median group of its peers in the Aerospace & Defense industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin (TTM)
ETN
19.18%
Electrical Equipment Industry
- Max
- 25.78%
- Q3
- 18.25%
- Median
- 11.54%
- Q1
- -25.81%
- Min
- -37.27%
An Operating Profit Margin of 19.18% places ETN in the upper quartile for the Electrical Equipment industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
RTX
10.87%
Aerospace & Defense Industry
- Max
- 24.61%
- Q3
- 11.79%
- Median
- 9.34%
- Q1
- -1.21%
- Min
- -16.44%
RTX’s Operating Profit Margin of 10.87% is around the midpoint for the Aerospace & Defense industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | ETN | RTX |
|---|---|---|
| Return on Equity (TTM) | 21.70% | 11.23% |
| Return on Assets (TTM) | 10.12% | 4.29% |
| Net Profit Margin (TTM) | 15.22% | 8.03% |
| Operating Profit Margin (TTM) | 19.18% | 10.87% |
| Gross Profit Margin (TTM) | 37.81% | 20.21% |
Financial Strength
Current Ratio (MRQ)
ETN
1.32
Electrical Equipment Industry
- Max
- 2.75
- Q3
- 2.73
- Median
- 2.05
- Q1
- 1.35
- Min
- 0.73
ETN’s Current Ratio of 1.32 falls into the lower quartile for the Electrical Equipment industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
RTX
1.02
Aerospace & Defense Industry
- Max
- 5.51
- Q3
- 3.47
- Median
- 2.20
- Q1
- 1.44
- Min
- 0.45
RTX’s Current Ratio of 1.02 falls into the lower quartile for the Aerospace & Defense industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
Debt-to-Equity Ratio (MRQ)
ETN
0.51
Electrical Equipment Industry
- Max
- 1.40
- Q3
- 0.87
- Median
- 0.57
- Q1
- 0.19
- Min
- 0.00
ETN’s Debt-to-Equity Ratio of 0.51 is typical for the Electrical Equipment industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
RTX
0.56
Aerospace & Defense Industry
- Max
- 0.89
- Q3
- 0.58
- Median
- 0.49
- Q1
- 0.16
- Min
- 0.00
RTX’s Debt-to-Equity Ratio of 0.56 is typical for the Aerospace & Defense industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio (TTM)
ETN
21.46
Electrical Equipment Industry
- Max
- 23.13
- Q3
- 9.92
- Median
- 0.32
- Q1
- -9.30
- Min
- -29.00
ETN’s Interest Coverage Ratio of 21.46 is in the upper quartile for the Electrical Equipment industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
RTX
6.03
Aerospace & Defense Industry
- Max
- 29.86
- Q3
- 15.07
- Median
- 7.88
- Q1
- 1.37
- Min
- -17.81
RTX’s Interest Coverage Ratio of 6.03 is positioned comfortably within the norm for the Aerospace & Defense industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | ETN | RTX |
|---|---|---|
| Current Ratio (MRQ) | 1.32 | 1.02 |
| Quick Ratio (MRQ) | 0.74 | 0.78 |
| Debt-to-Equity Ratio (MRQ) | 0.51 | 0.56 |
| Interest Coverage Ratio (TTM) | 21.46 | 6.03 |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | ETN | RTX |
|---|---|---|
| Revenue Growth (MRQ vs Prior YoY) | 13.06% | 8.72% |
| Revenue Growth (TTM vs Prior YoY) | -17.92% | 10.56% |
| 3-Year Revenue CAGR | 9.77% | 9.72% |
| 5-Year Revenue CAGR | 8.98% | 9.38% |
EPS Growth
EPS Growth at a Glance
| Symbol | ETN | RTX |
|---|---|---|
| EPS Growth (MRQ vs Prior YoY) | 18.49% | 32.88% |
| EPS Growth (TTM vs Prior YoY) | 10.00% | 56.47% |
| 3-Year EPS CAGR | 19.38% | 12.37% |
| 5-Year EPS CAGR | 24.52% | -- |
Dividend
Dividend Yield (TTM)
ETN
1.02%
Electrical Equipment Industry
- Max
- 1.17%
- Q3
- 0.53%
- Median
- 0.09%
- Q1
- 0.00%
- Min
- 0.00%
With a Dividend Yield of 1.02%, ETN offers a more attractive income stream than most of its peers in the Electrical Equipment industry, signaling a strong commitment to shareholder returns.
RTX
1.52%
Aerospace & Defense Industry
- Max
- 1.72%
- Q3
- 0.74%
- Median
- 0.11%
- Q1
- 0.00%
- Min
- 0.00%
With a Dividend Yield of 1.52%, RTX offers a more attractive income stream than most of its peers in the Aerospace & Defense industry, signaling a strong commitment to shareholder returns.
Dividend Payout Ratio (TTM)
ETN
39.76%
Electrical Equipment Industry
- Max
- 52.06%
- Q3
- 23.62%
- Median
- 1.83%
- Q1
- 0.00%
- Min
- 0.00%
ETN’s Dividend Payout Ratio of 39.76% is in the upper quartile for the Electrical Equipment industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.
RTX
50.29%
Aerospace & Defense Industry
- Max
- 65.74%
- Q3
- 32.06%
- Median
- 5.51%
- Q1
- 0.00%
- Min
- 0.00%
RTX’s Dividend Payout Ratio of 50.29% is in the upper quartile for the Aerospace & Defense industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.
Dividend at a Glance
| Symbol | ETN | RTX |
|---|---|---|
| Dividend Yield (TTM) | 1.02% | 1.52% |
| Dividend Payout Ratio (TTM) | 39.76% | 50.29% |
Valuation
Price-to-Earnings Ratio (TTM)
ETN
38.98
Electrical Equipment Industry
- Max
- 100.52
- Q3
- 61.53
- Median
- 36.90
- Q1
- 29.20
- Min
- 6.14
ETN’s P/E Ratio of 38.98 is within the middle range for the Electrical Equipment industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
RTX
33.15
Aerospace & Defense Industry
- Max
- 82.28
- Q3
- 57.19
- Median
- 33.88
- Q1
- 26.55
- Min
- 1.07
RTX’s P/E Ratio of 33.15 is within the middle range for the Aerospace & Defense industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Price-to-Sales Ratio (TTM)
ETN
7.81
Electrical Equipment Industry
- Max
- 12.71
- Q3
- 10.49
- Median
- 6.22
- Q1
- 4.29
- Min
- 1.10
ETN’s P/S Ratio of 7.81 aligns with the market consensus for the Electrical Equipment industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
RTX
2.66
Aerospace & Defense Industry
- Max
- 14.80
- Q3
- 7.70
- Median
- 4.81
- Q1
- 2.37
- Min
- 0.83
RTX’s P/S Ratio of 2.66 aligns with the market consensus for the Aerospace & Defense industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio (MRQ)
ETN
6.37
Electrical Equipment Industry
- Max
- 11.68
- Q3
- 6.90
- Median
- 5.06
- Q1
- 2.93
- Min
- 0.46
ETN’s P/B Ratio of 6.37 is within the conventional range for the Electrical Equipment industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
RTX
3.92
Aerospace & Defense Industry
- Max
- 16.33
- Q3
- 8.88
- Median
- 4.32
- Q1
- 2.91
- Min
- 1.10
RTX’s P/B Ratio of 3.92 is within the conventional range for the Aerospace & Defense industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | ETN | RTX |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 38.98 | 33.15 |
| Price-to-Sales Ratio (TTM) | 7.81 | 2.66 |
| Price-to-Book Ratio (MRQ) | 6.37 | 3.92 |
| Price-to-Free Cash Flow Ratio (TTM) | 44.87 | 29.46 |