AEIS vs ETN vs PPSI Stock Comparison

Advanced Energy Industries, Eaton and Pioneer Power Solutions Prices as of Oct 26, 2026 Peers: Industry group
ETN Eaton Corp plc
$371.81 -15.5% 1M -1.2% 1Y
Market cap
$149.09B
P/E
38.9x
Revenue (TTM)
$30.03B
Div. yield
–
Electrical Equipment Industrials
6 wins

Head to Head

11 decided of 12

Eaton leads on 6 of the 12 questions below (Eaton 6, Advanced Energy Industries 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAEISETNPPSILeader
Larger companyMarket capitalisation $9.07B $149.09B $29.74M ETN
Cheaper on earningsLower P/E, profitable companies only 41.3x 38.9x — ETN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 20.6x 26.8x — AEIS
Faster revenue growthRevenue growth, trailing twelve months +24.6% +15.5% -46.5% AEIS
More profitableNet margin, trailing twelve months 10.8% 12.8% — ETN
Better return on capitalReturn on invested capital 10.3% 10.3% — ETN
Less leveragedLower net debt / EBITDA -0.4x 3.1x — AEIS
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +9.1% -1.2% -44.9% AEIS
Better 5-year returnAnnualised price return, 5 years +21.2%/yr +18.4%/yr -5.2%/yr AEIS
Less volatileAnnualised volatility, 1 year 65.0% 40.6% 78.6% ETN
Higher overall scoreMean of the five percentile scores vs peers 45/100 45/100 — ETN

Percentile Scorecard

AEISETNPPSI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAEISETNPPSI
Valuation 13 #177 of 203 14 #174 of 203 77 #15 of 61
Growth 76 #46 of 187 73 #51 of 187 –
Profitability 55 #84 of 185 75 #47 of 185 –
Financial Health 61 #86 of 219 20 #175 of 219 84 #12 of 71
Shareholder Returns 19 #124 of 153 45 #85 of 153 –
Overall 45 45 –
  • AEIS ranked among 222 companies in Machinery
  • ETN ranked among 222 companies in Machinery
  • PPSI ranked among 71 companies in Clean Energy Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAEISETNPPSISPY
1 month -20.9%-15.5%-24.8% -0.8%
3 months -24.3%-6.7%-16.8% +3.5%
6 months -42.7%-10.8%-25.3% +7.0%
Year to date +5.6%+16.7%-47.6% +12.2%
1 year +9.1%-1.2%-44.9% +13.0%
3 years +151.8%+90.4%-51.8% +86.3%
3 years, per year +36.1%+24.0%-21.6% +23.1%
5 years +160.9%+132.2%-23.5% +68.6%
5 years, per year +21.2%+18.4%-5.2% +11.0%
10 years +364.7%+479.1%-53.6% +258.0%
10 years, per year +16.6%+19.2%-7.4% +13.6%

Risk

MeasureAEISETNPPSISPY
Volatility, 1Y 65.0%40.6%78.6% 12.7%
Downside volatility, 1Y 67.5%43.6%81.6% 12.7%
Beta vs S&P 500, 1Y 2.721.862.45 1.00
Return / volatility, 1Y 0.14-0.03-0.57 1.02
Max drawdown, 5Y -44.3%-34.7%-78.9% -25.4%
From 52-week high -43.2%-19.2%-59.2% -1.8%
52-week high $389.05$459.94$6.08 $779.14
52-week low $188.88$315.82$2.33 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAEISETNPPSI
P/E now vs peer median 39.2xmedian 26.0x 37.7xmedian 26.0x —median 25.4x
P/S now vs peer median 4.3xmedian 1.9x 4.8xmedian 1.9x 1.6xmedian 2.1x
EV/EBITDA now vs peer median 26.0xmedian 14.0x 25.3xmedian 14.0x —median 17.5x
P/FCF now vs peer median 101.1xmedian 21.4x 36.7xmedian 21.4x —median 27.3x
P/B now vs peer median 6.1xmedian 2.2x 7.1xmedian 2.2x 1.1xmedian 1.7x
PEG now vs peer median 10.68median 1.26 2.84median 1.26 —median 0.77

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAEISETNPPSI
Revenue $2.04B $30.03B $16.72M
Gross profit $800.50M $10.78B –
Operating income $269.20M $5.32B –
Net income $219.40M $3.83B –
Free cash flow $87.50M $3.93B –
R&D $246.60M $844.00M –
EPS (diluted) $5.19 $9.83 –
Cash & equivalents $1.40B $483.00M $10.67M
Total debt $3.30B $20.61B –
Shares (diluted) 42.30M 389.50M 11.10M
Enterprise value $5.42B $146.27B -$26.81M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAEISETNPPSI
P/E 39.2x 37.7x –
P/FCF 101.1x 36.7x –
P/Operating cash flow 37.0x 29.2x –
P/S 4.3x 4.8x 1.6x
P/B 6.1x 7.1x 1.1x
P/Tangible book 6.6x 18.8x 1.1x
EV/EBITDA 26.0x 25.3x –
EV/EBIT 32.4x 30.9x –
EV/Revenue 4.3x 5.5x 1.0x
EV/FCF 99.6x 41.8x –
EV/Operating cash flow 36.5x 33.2x –
PEG (3Y EPS CAGR) 10.68 2.84 –

Growth

14 metrics
MetricAEISETNPPSI
Revenue growth (1Y) 24.6% 15.5% -46.5%
Revenue CAGR (3Y) 3.3% 10.8% -22.9%
Gross profit growth (1Y) 32.8% 8.7% –
Gross profit CAGR (3Y) 6.0% 12.3% –
Operating income growth (1Y) 216.7% 8.7% –
Operating income CAGR (3Y) 9.4% 15.9% –
Net income growth (1Y) 161.5% -2.4% –
Net income CAGR (3Y) 7.6% 12.2% –
EPS growth (1Y) 133.8% -2.0% –
EPS CAGR (3Y) 3.7% 13.3% –
Operating cash flow growth (1Y) 23.3% 21.9% –
Operating cash flow CAGR (3Y) 7.6% 14.1% –
Free cash flow growth (1Y) -30.8% 20.1% –
Free cash flow CAGR (3Y) -11.1% 13.3% –

Profitability

14 metrics
MetricAEISETNPPSI
Gross margin 39.3% 35.9% –
EBITDA margin 16.5% 21.7% –
Operating margin 13.2% 17.7% –
Pretax margin 12.1% 16.1% –
Net margin 10.8% 12.8% –
FCF margin 4.3% 13.1% –
Operating cash flow margin 11.7% 16.5% –
Return on equity 15.4% 19.1% –
Return on assets 7.3% 6.9% –
Return on invested capital 10.3% 10.3% –
Return on capital employed 11.3% 12.2% –
Asset turnover 0.7x 0.5x 0.5x
Cash conversion (OCF / net income) 1.1x 1.3x –
Stock comp / revenue 3.4% – –

Financial Health

11 metrics
MetricAEISETNPPSI
Debt / assets 36.9% 36.7% –
Debt / equity 0.9x 1.0x –
Net debt / EBITDA -0.4x 3.1x –
Debt / FCF 14.4x 5.2x –
Liabilities / assets 57.5% 63.9% 21.5%
Equity / assets 42.5% 36.1% 78.5%
Interest coverage 17.1x 12.0x –
Current ratio 3.8x 1.2x 4.1x
Quick ratio 2.8x 0.7x 2.7x
Cash ratio 2.2x 0.1x 1.9x
Altman Z-score 4.67 3.61 –

Shareholder Returns

7 metrics
MetricAEISETNPPSI
Dividend yield 0.2% 1.2% –
Net buyback yield 0.1% 0.4% –
Shareholder yield 0.3% 1.5% 0.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAEISETNPPSI
Forward P/E 20.6xFY2026 26.8xFY2026 –
EPS, next fiscal year $10.74FY2026 $13.88FY2026 $-0.62FY2026
EPS growth, next FY +67.6%FY2026 +15.0%FY2026 –
EPS growth, the year after +37.5% +14.4% –
Revenue, next fiscal year $2.55BFY2026 $31.83BFY2026 $24.58MFY2026
Revenue growth, next FY +41.5%FY2026 +16.0%FY2026 -11.0%FY2026
Revenue growth, the year after +25.2% +21.7% +38.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAEISETNPPSI
Held by institutions 100.0% 84.7% 13.3%
Institutions holding 678 2,640 35
Change in shares held, QoQ -2.0% +1.6% +44.7%
Institutions buying 388 1,398 19
Institutions selling 218 891 4
Buyers to sellers 1.78 1.57 4.75

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AEISETNPPSI
AEIS 1.00 0.72 0.28
ETN 0.72 1.00 0.31
PPSI 0.28 0.31 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AEIS, ETN and PPSI?

Eaton (ETN) is the largest by market capitalisation: Advanced Energy Industries (AEIS) $9.07B, Eaton (ETN) $149.09B, Pioneer Power Solutions (PPSI) $29.74M.

Which stock is cheaper, AEIS, ETN and PPSI?

Eaton (ETN) trades on the lowest price-to-earnings ratio (Advanced Energy Industries (AEIS) 41.3x, Eaton (ETN) 38.9x). On next year's consensus earnings, Advanced Energy Industries (AEIS) is cheapest (Advanced Energy Industries (AEIS) 20.6x, Eaton (ETN) 26.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Advanced Energy Industries (AEIS) grew revenue fastest over the trailing twelve months: Advanced Energy Industries (AEIS) +24.6%, Eaton (ETN) +15.5%, Pioneer Power Solutions (PPSI) -46.5%.

Which company is more profitable?

Eaton (ETN) has the highest net margin (Advanced Energy Industries (AEIS) 10.8%, Eaton (ETN) 12.8%). On return on invested capital, Eaton (ETN) leads (Advanced Energy Industries (AEIS) 10.3%, Eaton (ETN) 10.3%).

Which stock has performed better?

Over the past year Advanced Energy Industries (AEIS) returned the most: Advanced Energy Industries (AEIS) +9.1%, Eaton (ETN) -1.2%, Pioneer Power Solutions (PPSI) -44.9%. Over five years, Advanced Energy Industries (AEIS) compounded fastest (Advanced Energy Industries (AEIS) +21.2%/yr, Eaton (ETN) +18.4%/yr, Pioneer Power Solutions (PPSI) -5.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Eaton (ETN) has been the steadiest (Advanced Energy Industries (AEIS) 65.0%, Eaton (ETN) 40.6%, Pioneer Power Solutions (PPSI) 78.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AEIS, ETN and PPSI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Eaton (ETN) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.