Eaton Corp PLC (ETN) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 27, 2020
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Eaton Corp PLC (ETN, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Eaton Corp PLC is a power management company. It provides energy-efficient solutions that help its customers effectively manage electrical, hydraulic and mechanical power. Eaton's products include UPS systems, cylinders, circuit breakers, among others. Eaton Corp PLC has a market cap of $39.7 billion; its shares were traded at around $96.03 with a P/E ratio of 18.25 and P/S ratio of 1.88. The dividend yield of Eaton Corp PLC stocks is 2.96%. Eaton Corp PLC had annual average EBITDA growth of 6.90% over the past ten years.

For the last quarter Eaton Corp PLC reported a revenue of $5.2 billion, compared with the revenue of $5.5 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $21.4 billion, a decrease of 1% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Eaton Corp PLC had an average revenue decline of 0.4% a year.

The reported diluted earnings per share was $5.25 for the year, an increase of 6.9% from previous year. Over the last five years Eaton Corp PLC had an EPS growth rate of 7.7% a year. The Eaton Corp PLC had a decent operating margin of 13.38%, compared with the operating margin of 13.73% a year before. The 10-year historical median operating margin of Eaton Corp PLC is 10.52%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Eaton Corp PLC has the cash and cash equivalents of $370.0 million, compared with $283.0 million in the previous year. The long term debt was $8.2 billion, compared with $6.8 billion in the previous year. The interest coverage to the debt is 1.1, which is not a favorable level. Eaton Corp PLC has a financial strength rank of 5 (out of 10).

At the current stock price of $96.03, Eaton Corp PLC is traded at 33% premium to its historical median P/S valuation band of $72.22. The P/S ratio of the stock is 1.88, while the historical median P/S ratio is 1.42. The stock gained 23.52% during the past 12 months.

Directors and Officers Recent Trades:

  • See Remarks below. Ken D Semelsberger sold 22,000 shares of ETN stock on 02/19/2020 at the average price of $104.58. The price of the stock has decreased by 8.18% since.
  • See Remarks below. Joao V Faria sold 2,839 shares of ETN stock on 02/07/2020 at the average price of $101.66. The price of the stock has decreased by 5.54% since.

For the complete 20-year historical financial data of ETN, click here.