Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Eaton's share price for the quarter that ended in Sep. 2024 was $331.44. Eaton's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 395 Mil. Therefore, Eaton's market cap for the quarter that ended in Sep. 2024 was $130,985 Mil.
Eaton's quarterly market cap
declined
from Mar. 2024 ($125,038 Mil) to Jun. 2024 ($124,824 Mil) but then
increased
from Jun. 2024 ($124,824 Mil) to Sep. 2024 ($130,985 Mil).
Eaton's annual market cap
declined
from Dec. 2021 ($68,921 Mil) to Dec. 2022 ($62,435 Mil) but then
increased
from Dec. 2022 ($62,435 Mil) to Dec. 2023 ($96,184 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Eaton's Enterprise Value for Today is $149,817 Mil.
Eaton Market Cap Historical Data
The historical data trend for Eaton's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Industrial Machinery subindustry, Eaton's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Eaton's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Eaton's Market Cap distribution charts can be found below:
* The bar in red indicates where Eaton's Market Cap falls into.
Eaton Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Eaton's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Eaton (NYSE:ETN) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Eaton Market Cap Related Terms
Thank you for viewing the detailed overview of Eaton's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Founded in 1911 by Joseph Eaton, the eponymous company began by selling truck axles in New Jersey. Eaton has since become an industrial powerhouse largely through acquisitions in various end markets. Eaton's portfolio can broadly be divided into two parts: its electrical and industrial businesses. Its electrical portfolio (representing around 70% of company revenue) sells components within data centers, utilities, and commercial and residential buildings, while its industrial business (30% of revenue) sells components within commercial and passenger vehicles and aircraft. Eaton receives favorable tax treatment as a domiciliary of Ireland, but it generates over half of its revenue within the US.
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