ETN Eaton Corporation
Exchange
NYSESector
TechnologyIndustry
Industrial Machinery/ComponentsMarket Cap.
32.280B
Competitive Industry over the past 10 years
ETN is likely operating in an industry with medium to low barriers to entry.
This may mean that ETN doesn't have a characteristic that's hard to replicate, such as exclusive distribution, branding or the ability to keep costs low.
If Gross Margins are at least satisfactory, it's likely that ETN invests heavily in R&D and Sales, General & Administrative expenses.
Only $6.32 of every $100 of Revenue have been profit, on average over the past 10 years.
Only $6.32 of every $100 of Revenue have been profit, on average over the past 10 years.
Figures in USD. Fiscal year ends in December
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |
| Net Income | 281.00M | 386.00M | 648.00M | 805.00M | 950.00M | 994.00M | 1.06B | 385.00M | 937.00M | 1.35B |
| divided by | ||||||||||
| Revenue | 7.21B | 8.06B | 9.82B | 11.12B | 12.37B | 13.03B | 15.38B | 11.87B | 13.72B | 16.05B |
| Net Profit Margin | 3.90% | 4.79% | 6.60% | 7.24% | 7.68% | 7.63% | 6.88% | 3.24% | 6.83% | 8.41% |
Inconsistent Gross Profit Margins over the past 10 years
ETN has good gross profit margins, however inconsistency of these margins is a cause for concern.
Look at reasons for this inconsistency to determine the likelihood of future sustainability.
$34.48 of every $100 worth of sales have been Gross Profit, on average over the past 10 years.
$34.48 of every $100 worth of sales have been Gross Profit, on average over the past 10 years.
Figures in USD. Fiscal year ends in December
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |
| Gross Profit | 1.94B | 2.16B | 2.74B | 3.10B | 3.32B | 3.65B | 4.19B | 3.09B | 4.08B | 15.63B |
| divided by | ||||||||||
| Revenue | 7.21B | 8.06B | 9.82B | 11.12B | 12.37B | 13.03B | 15.38B | 11.87B | 13.72B | 16.05B |
| Gross Margin | 26.87% | 26.85% | 27.86% | 27.92% | 26.84% | 28.01% | 27.22% | 26.03% | 29.76% | 97.40% |
Medium Capital Intensity over the past 10 years
ETN has used a reasonable amount of their financial resources to invest in facilities and equipment required to produce its goods and services.
This isn't perfect, but it shouldn't be an area of concern unless this number is strongly trending upwards.
49.85% of Profits are being spent on Capital Expenditures, like Property, Plant, & Equipment, required to run the business.
49.85% of Profits are being spent on Capital Expenditures, like Property, Plant, & Equipment, required to run the business.
Figures in USD. Fiscal year ends in December
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |
| Capital Expenditure | 228.00M | 273.00M | 330.00M | 363.00M | 360.00M | 354.00M | 448.00M | 195.00M | 394.00M | 568.00M |
| divided by | ||||||||||
| Net Income | 281.00M | 386.00M | 648.00M | 805.00M | 950.00M | 994.00M | 1.06B | 385.00M | 937.00M | 1.35B |
| Capital Expenditure Ratio | 81.14% | 70.73% | 50.93% | 45.09% | 37.89% | 35.61% | 42.34% | 50.65% | 42.05% | 42.07% |