ETN vs. TLN: Eaton vs. Talen Energy Stock Comparison

November 11, 2026

How do Eaton (ETN) and Talen Energy (TLN) 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) is classified in the Industrials sector (Capital Goods), whereas Talen Energy (TLN) belongs to Utilities (Utilities) — their GICS classifications point to very different parts of the market.

Eaton (ETN) has more than two decades of public-market history since June 1, 1972, whereas Talen Energy (TLN) listed on June 2, 2023 and has a much shorter record to draw on.

Company profile comparison for Eaton (ETN) and Talen Energy (TLN)
Profile Item	ETN	TLN
Name	Eaton Corporation plc	Talen Energy Corporation
Country/Region	Ireland	United States
GICS Sector	Industrials	Utilities
GICS Industry Group	Capital Goods	Utilities
GICS Industry	Electrical Equipment	Independent Power and Renewable Electricity Producers
GICS Sub-Industry	Electrical Components & Equipment	Independent Power Producers & Energy Traders
Market Capitalization	132.76 billion USD	14.73 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	June 1, 1972	June 2, 2023
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

ETN

TLN

GSPC

Eaton (ETN) vs. Talen Energy (TLN), 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 Talen Energy (TLN). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Eaton (ETN) and Talen Energy (TLN). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Eaton (ETN) and Talen Energy (TLN)
Metric	ETN	TLN
Total Return (1Y)	-2.33%	-6.63%
Total Return (3Y, Annualized)	19.68%	88.64%
Total Return (5Y, Annualized)	17.50%	--

Risk Profile

Drawdown History

ETN

TLN

GSPC

Eaton (ETN) vs. Talen Energy (TLN), 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 Talen Energy (TLN). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Eaton (ETN) and Talen Energy (TLN)
Metric	ETN	TLN
Volatility (1Y, Annualized)	43.57%	58.28%
Beta (5Y)	1.14	1.53
Max Drawdown (5Y)	-34.46%	-36.72%
Avg. Volume (3M)	2.32M	1.01M

Risk-Adjusted Performance

Risk-Return Positioning

ETN and TLN are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Eaton (ETN) and Talen Energy (TLN)
Metric	ETN	TLN
Sharpe Ratio (1Y)	-0.15	-0.19
Sortino Ratio (1Y)	-0.21	-0.26

Profitability

ROE (TTM)

Talen Energy (TLN) reports a negative ROE of -16.54%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Eaton (ETN) reports 19.55%, ranking against industry peers normally.

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%

TLN

Utilities industry group

-16.54%

Max: 17.99%
Q3: 12.01%
Median: 9.44%
Q1: 7.56%
Min: 2.17%
TLN: -16.54%

Eaton (ETN) vs. Talen Energy (TLN): A comparison of their ROE against their respective Capital Goods and Utilities industry group benchmarks.

Net Margin (TTM)

Talen Energy (TLN) reports a negative net margin of -5.67%, usually indicating a net loss over the period. Meanwhile Eaton (ETN) reports 12.18%, ranking against industry peers normally.

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%

TLN

Utilities industry group

-5.67%

Max: 28.78%
Q3: 17.30%
Median: 12.73%
Q1: 9.18%
Min: -0.20%
TLN: -5.67%

Eaton (ETN) vs. Talen Energy (TLN): A comparison of their net margin against their respective Capital Goods and Utilities industry group benchmarks.

Operating Margin (TTM)

Both Eaton (ETN) at 17.85% and Talen Energy (TLN) at 17.35% 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%

TLN

Utilities industry group

17.35%

Max: 53.83%
Q3: 31.12%
Median: 23.62%
TLN: 17.35%
Q1: 15.45%
Min: -4.90%

Eaton (ETN) vs. Talen Energy (TLN): A comparison of their operating margin against their respective Capital Goods and Utilities industry group benchmarks.

Profitability Metrics

Profitability metrics for Eaton (ETN) and Talen Energy (TLN)
Metric	ETN	TLN
ROE (TTM)	19.55%	-16.54%
ROA (TTM)	7.22%	0.88%
Net Margin (TTM)	12.18%	-5.67%
Operating Margin (TTM)	17.85%	17.35%
Gross Margin (TTM)	35.16%	42.67%

Growth

Revenue Growth

Talen Energy (TLN) at 26.68% sits in the top revenue growth quartile, while Eaton (ETN) at 10.33% is closer to the peer norm — faster top-line expansion for TLN.

Eaton (ETN) vs. Talen Energy (TLN): A comparison of their Revenue Growth across different time periods.

EPS Growth

Eaton (ETN) at 10.00% is around its peer norm for EPS growth, while Talen Energy (TLN) at -127.11% falls below its industry range, a notably weak earnings reading.

Eaton (ETN) vs. Talen Energy (TLN): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Eaton (ETN) and Talen Energy (TLN)
Metric	ETN	TLN
Revenue Growth (YoY)	10.33%	26.68%
Revenue Growth (3Y CAGR)	9.77%	2.87%
EPS Growth (YoY)	10.00%	-127.11%
EPS Growth (3Y CAGR)	19.39%	--

Financial Strength

Current Ratio (MRQ)

Talen Energy (TLN) at 0.89 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

TLN

Utilities industry group

0.89

Max: 1.90
Q3: 1.17
TLN: 0.89
Median: 0.88
Q1: 0.66
Min: 0.29

Eaton (ETN) vs. Talen Energy (TLN): A comparison of their current ratio against their respective Capital Goods and Utilities industry group benchmarks.

Debt / Equity (MRQ)

Eaton (ETN) at 1.00 is near its industry mid-range for debt-to-equity ratio, while Talen Energy (TLN) at 5.97 sits above its benchmark range, pointing to a heavier debt load relative to equity.

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

TLN

Utilities industry group

5.97

TLN: 5.97
Max: 2.63
Q3: 1.77
Median: 1.35
Q1: 0.84
Min: 0.00

Eaton (ETN) vs. Talen Energy (TLN): A comparison of their debt-to-equity ratio against their respective Capital Goods and Utilities industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for Eaton (ETN) and Talen Energy (TLN)
Metric	ETN	TLN
Current Ratio (MRQ)	1.23	0.89
Debt / Equity (MRQ)	1.00	5.97
Net Debt / EBITDA	2.85	13.69

Dividends

Dividend Yield (TTM)

Talen Energy (TLN) 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%

TLN

Utilities industry group

0.00%

Max: 6.66%
Q3: 3.58%
Median: 2.85%
Q1: 0.66%
TLN: 0.00%
Min: 0.00%

Eaton (ETN) vs. Talen Energy (TLN): A comparison of their dividend yield against their respective Capital Goods and Utilities industry group benchmarks.

Dividend Payout Ratio (TTM)

Talen Energy (TLN) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Eaton (ETN) reports a payout of 43.36%, ranking against industry peers normally.

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%

TLN

Utilities industry group

0.00%

Max: 113.04%
Q3: 68.72%
Median: 56.38%
Q1: 32.38%
TLN: 0.00%
Min: 0.00%

Eaton (ETN) vs. Talen Energy (TLN): A comparison of their payout ratio against their respective Capital Goods and Utilities industry group benchmarks.

Dividend Metrics

Dividend metrics for Eaton (ETN) and Talen Energy (TLN)
Metric	ETN	TLN
Dividend Yield (TTM)	1.33%	0.00%
Dividend Payout Ratio (TTM)	43.36%	0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Eaton (ETN) trades at 34.14 times trailing earnings, ranked against its peers, while Talen Energy (TLN) has no P/E ratio this period.

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

TLN

Utilities industry group

Max: 31.22
Q3: 23.30
Median: 19.64
Q1: 15.17
Min: 3.34
TLN: --

Eaton (ETN) vs. Talen Energy (TLN): TLN does not report P/E ratio, so it has no value marker; ETN is benchmarked against the Capital Goods industry group.

P/S Ratio (TTM)

Talen Energy (TLN) at 3.29 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

TLN

Utilities industry group

3.29

Max: 6.35
Q3: 3.63
TLN: 3.29
Median: 2.63
Q1: 1.52
Min: 0.00

Eaton (ETN) vs. Talen Energy (TLN): A comparison of their P/S ratio against their respective Capital Goods and Utilities industry group benchmarks.

P/B Ratio (MRQ)

Both look rich against book: Eaton (ETN) at 6.33 sits in the upper P/B ratio quartile, and Talen Energy (TLN) at 10.14 prices even higher, above its industry range.

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

TLN

Utilities industry group

10.14

TLN: 10.14
Max: 3.12
Q3: 2.21
Median: 1.83
Q1: 1.46
Min: 0.34

Eaton (ETN) vs. Talen Energy (TLN): A comparison of their P/B ratio against their respective Capital Goods and Utilities industry group benchmarks.

Valuation Metrics

Valuation metrics for Eaton (ETN) and Talen Energy (TLN)
Metric	ETN	TLN
P/E Ratio (TTM)	34.14	--
P/S Ratio (TTM)	4.15	3.29
P/B Ratio (MRQ)	6.33	10.14
Free Cash Flow Yield (TTM)	2.29%	6.39%