APH vs NVT vs ETN Stock Comparison

Amphenol, nVent Electric and Eaton Prices as of Oct 23, 2026 Peers: Industry group
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APH Amphenol Corp /De/
$74.09 -9.9% 1M -45.2% 1Y
Market cap
$185.41B
P/E
36.0x
Revenue (TTM)
$29.01B
Div. yield
0.01%
Electrical Equipment Industrials
5 wins
NVT nVent Electric plc
$125.45 -23.0% 1M +24.7% 1Y
Market cap
$20.89B
P/E
34.9x
Revenue (TTM)
$4.83B
Div. yield
0.01%
Electrical Equipment Industrials
6 wins
ETN Eaton Corp plc
$366.04 -16.6% 1M -1.7% 1Y
Market cap
$144.17B
P/E
37.7x
Revenue (TTM)
$30.03B
Div. yield
–
Electrical Equipment Industrials
1 win

Head to Head

12 decided of 12

nVent Electric leads on 6 of the 12 questions below (nVent Electric 6, Amphenol 5, Eaton 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAPHNVTETNLeader
Larger companyMarket capitalisation $185.41B $20.89B $144.17B APH
Cheaper on earningsLower P/E, profitable companies only 36.0x 34.9x 37.7x NVT
Cheaper on forward earningsLower price / next fiscal year consensus EPS 28.5x 25.2x 26.4x NVT
Faster revenue growthRevenue growth, trailing twelve months +54.2% +46.2% +15.5% APH
More profitableNet margin, trailing twelve months 17.7% 12.4% 12.8% APH
Better return on capitalReturn on invested capital 16.5% 11.9% 10.3% APH
Less leveragedLower net debt / EBITDA 1.5x 1.2x 3.1x NVT
Higher dividend yieldTrailing dividend yield 0.01% 0.01% 0.00% NVT
Better 1-year returnPrice return, last 12 months -45.2% +24.7% -1.7% NVT
Better 5-year returnAnnualised price return, 5 years +13.3%/yr +30.5%/yr +17.7%/yr NVT
Less volatileAnnualised volatility, 1 year 85.4% 50.0% 40.5% ETN
Higher overall scoreMean of the five percentile scores vs peers 64/100 59/100 45/100 APH

Percentile Scorecard

APHNVTETN

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

AxisAPHNVTETN
Valuation 19 #165 of 203 28 #146 of 203 14 #174 of 203
Growth 97 #7 of 188 89 #21 of 188 73 #51 of 188
Profitability 98 #5 of 187 75 #47 of 187 74 #49 of 187
Financial Health 40 #133 of 222 61 #88 of 222 20 #179 of 222
Shareholder Returns 68 #50 of 153 41 #90 of 153 43 #87 of 153
Overall 64 59 45
  • APH ranked among 222 companies in Machinery
  • NVT ranked among 222 companies in Machinery
  • ETN ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodAPHNVTETNSPY
1 month -9.9%-23.0%-16.6% -1.0%
3 months -51.5%-17.3%-9.4% +2.9%
6 months -50.5%-11.8%-13.7% +6.4%
Year to date -45.2%+23.0%+14.9% +11.4%
1 year -45.2%+24.7%-1.7% +13.1%
3 years +87.0%+164.2%+83.4% +79.4%
3 years, per year +23.2%+38.3%+22.4% +21.5%
5 years +86.9%+277.5%+125.4% +67.7%
5 years, per year +13.3%+30.5%+17.7% +10.9%
10 years +349.3%—+474.5% +255.2%
10 years, per year +16.2%—+19.1% +13.5%

Risk

MeasureAPHNVTETNSPY
Volatility, 1Y 85.4%50.0%40.5% 12.7%
Downside volatility, 1Y 113.7%56.9%43.6% 12.7%
Beta vs S&P 500, 1Y 1.682.221.85 1.00
Return / volatility, 1Y -0.530.49-0.04 1.03
Max drawdown, 5Y -58.6%-47.1%-34.7% -25.4%
From 52-week high -58.0%-31.9%-20.4% -2.5%
52-week high $176.32$184.34$459.94 $779.14
52-week low $73.07$94.99$315.82 $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.

MultipleAPHNVTETN
P/E now vs peer median 35.4xmedian 25.9x 33.9xmedian 25.9x 37.1xmedian 25.9x
P/S now vs peer median 6.3xmedian 1.9x 4.2xmedian 1.9x 4.7xmedian 1.9x
EV/EBITDA now vs peer median 21.4xmedian 13.7x 20.4xmedian 13.7x 24.9xmedian 13.7x
P/FCF now vs peer median 38.8xmedian 21.1x 30.8xmedian 21.1x 36.1xmedian 21.1x
P/B now vs peer median 11.7xmedian 2.3x 5.1xmedian 2.3x 7.0xmedian 2.3x
PEG now vs peer median 0.95median 1.19 1.67median 1.19 2.80median 1.19

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 monthsAPHNVTETN
Revenue $29.01B $4.83B $30.03B
Gross profit $11.17B $1.79B $10.78B
Operating income $7.84B $826.50M $5.32B
Net income $5.19B $598.30M $3.83B
Free cash flow $4.71B $659.90M $3.93B
R&D – $89.10M $844.00M
EPS (diluted) $1.99 $3.65 $9.83
Cash & equivalents $4.73B $256.00M $483.00M
Total debt $61.13B $1.49B $20.61B
Shares (diluted) 2.58B 164.10M 389.50M
Enterprise value $179.99B $20.08B $141.35B

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
MetricAPHNVTETN
P/E 35.4x 33.9x 37.1x
P/FCF 38.8x 30.8x 36.1x
P/Operating cash flow 31.1x 26.3x 28.7x
P/S 6.3x 4.2x 4.7x
P/B 11.7x 5.1x 7.0x
P/Tangible book 17.7x 9.3x 18.5x
EV/EBITDA 21.4x 20.4x 24.9x
EV/EBIT 25.0x 26.1x 30.5x
EV/Revenue 6.8x 4.5x 5.4x
EV/FCF 41.6x 32.6x 41.2x
EV/Operating cash flow 33.4x 27.9x 32.7x
PEG (3Y EPS CAGR) 0.95 1.67 2.80

Growth

14 metrics
MetricAPHNVTETN
Revenue growth (1Y) 54.2% 46.2% 15.5%
Revenue CAGR (3Y) 32.2% 26.0% 10.8%
Gross profit growth (1Y) 70.9% 37.9% 8.7%
Gross profit CAGR (3Y) 40.4% 23.8% 12.3%
Operating income growth (1Y) 86.0% 53.9% 8.7%
Operating income CAGR (3Y) 45.3% 29.0% 15.9%
Net income growth (1Y) 61.8% 2.1% -2.4%
Net income CAGR (3Y) 39.3% 9.3% 12.2%
EPS growth (1Y) 59.6% 1.8% -2.0%
EPS CAGR (3Y) 37.3% 20.3% 13.3%
Operating cash flow growth (1Y) 57.3% 33.9% 21.9%
Operating cash flow CAGR (3Y) 35.7% 17.4% 14.1%
Free cash flow growth (1Y) 67.3% 32.8% 20.1%
Free cash flow CAGR (3Y) 34.4% 15.8% 13.3%

Profitability

14 metrics
MetricAPHNVTETN
Gross margin 38.5% 37.0% 35.9%
EBITDA margin 31.5% 21.9% 21.7%
Operating margin 27.0% 17.1% 17.7%
Pretax margin 25.2% 15.7% 16.1%
Net margin 17.7% 12.4% 12.8%
FCF margin 16.2% 13.7% 13.1%
Operating cash flow margin 20.2% 16.0% 16.5%
Return on equity 34.9% 15.4% 19.1%
Return on assets 11.9% 8.5% 6.9%
Return on invested capital 16.5% 11.9% 10.3%
Return on capital employed 23.0% 13.9% 12.2%
Asset turnover 0.7x 0.7x 0.5x
Cash conversion (OCF / net income) 1.1x 1.3x 1.3x
Stock comp / revenue 0.5% 0.8% –

Financial Health

11 metrics
MetricAPHNVTETN
Debt / assets 42.0% 20.9% 36.7%
Debt / equity 1.2x 0.4x 1.0x
Net debt / EBITDA 1.5x 1.2x 3.1x
Debt / FCF 4.0x 2.3x 5.2x
Liabilities / assets 65.2% 44.2% 63.9%
Equity / assets 34.8% 55.8% 36.1%
Interest coverage 12.4x – 12.0x
Current ratio 1.9x 1.8x 1.2x
Quick ratio 1.3x 1.1x 0.7x
Cash ratio 0.6x 0.2x 0.1x
Altman Z-score 5.57 5.45 3.57

Shareholder Returns

7 metrics
MetricAPHNVTETN
Dividend yield 0.7% 0.7% 1.2%
Net buyback yield 0.2% 0.2% 0.4%
Shareholder yield 0.8% 0.9% 1.5%
Payout ratio (earnings) 19.6% 22.2% –
Payout ratio (FCF) 21.6% 20.1% –
Dividend growth (1Y) 39.3% 3.1% –
Dividend CAGR (3Y) 27.7% 4.3% –

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.

ConsensusAPHNVTETN
Forward P/E 28.5xFY2026 25.2xFY2026 26.4xFY2026
EPS, next fiscal year $2.60FY2026 $4.98FY2026 $13.87FY2026
EPS growth, next FY +55.7%FY2026 +48.7%FY2026 +14.9%FY2026
EPS growth, the year after +36.2% +28.7% +14.3%
Revenue, next fiscal year $33.29BFY2026 $5.70BFY2026 $31.82BFY2026
Revenue growth, next FY +44.2%FY2026 +46.6%FY2026 +15.9%FY2026
Revenue growth, the year after +33.4% +11.7% +21.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPHNVTETN
Held by institutions 96.0% 90.7% 84.7%
Institutions holding 2,330 969 2,640
Change in shares held, QoQ +2.6% 0.0% +1.6%
Institutions buying 1,360 554 1,398
Institutions selling 773 288 891
Buyers to sellers 1.76 1.92 1.57

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.

APHNVTETN
APH 1.00 0.27 0.28
NVT 0.27 1.00 0.77
ETN 0.28 0.77 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, APH, NVT and ETN?

Amphenol (APH) is the largest by market capitalisation: Amphenol (APH) $185.41B, nVent Electric (NVT) $20.89B, Eaton (ETN) $144.17B.

Which stock is cheaper, APH, NVT and ETN?

nVent Electric (NVT) trades on the lowest price-to-earnings ratio (Amphenol (APH) 36.0x, nVent Electric (NVT) 34.9x, Eaton (ETN) 37.7x). On next year's consensus earnings, nVent Electric (NVT) is cheapest (Amphenol (APH) 28.5x, nVent Electric (NVT) 25.2x, Eaton (ETN) 26.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Amphenol (APH) grew revenue fastest over the trailing twelve months: Amphenol (APH) +54.2%, nVent Electric (NVT) +46.2%, Eaton (ETN) +15.5%.

Which company is more profitable?

Amphenol (APH) has the highest net margin (Amphenol (APH) 17.7%, nVent Electric (NVT) 12.4%, Eaton (ETN) 12.8%). On return on invested capital, Amphenol (APH) leads (Amphenol (APH) 16.5%, nVent Electric (NVT) 11.9%, Eaton (ETN) 10.3%).

Which stock has performed better?

Over the past year nVent Electric (NVT) returned the most: Amphenol (APH) -45.2%, nVent Electric (NVT) +24.7%, Eaton (ETN) -1.7%. Over five years, nVent Electric (NVT) compounded fastest (Amphenol (APH) +13.3%/yr, nVent Electric (NVT) +30.5%/yr, Eaton (ETN) +17.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

nVent Electric (NVT) has the highest dividend yield: Amphenol (APH) 0.01%, nVent Electric (NVT) 0.01%, Eaton (ETN) 0.00%. Eaton (ETN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Eaton (ETN) has been the steadiest (Amphenol (APH) 85.4%, nVent Electric (NVT) 50.0%, Eaton (ETN) 40.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, APH, NVT and ETN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, nVent Electric (NVT) 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.