Eaton (ETN) EV to EBITDA (2012 - 2026)
Eaton's (ETN) EV to EBITDA stood at 25.36 in Q2 2026, up 7.3% from 23.64 a year earlier and up 14.3% from the prior quarter.
Eaton (ETN) EV to EBITDA (2012 - 2026) Analysis & Trends
On a TTM basis, Eaton's EV to EBITDA came in at 25.03 as of Jun 30, 2026, up 10.7% year-over-year; for FY2025, it came in at 19.76, down 14.5% from FY2024.
- Across earlier years, EV to EBITDA came in at 23.11 in FY2024 (+18.8%), 19.46 in FY2023 (+24.1%), 15.68 in FY2022 (-22.4%) and 20.20 in FY2021 (+13.8%).
- The Q2 2026 figure is the highest quarterly EV to EBITDA in data going back to Q4 2012.
- On a year-over-year basis, EV to EBITDA rose in six of the last eight quarters, with growth averaging 5.3%.
- Peak year-over-year performance for EV to EBITDA in the last five years was growth of 49.1% in Q1 2024, against a decline of 26.0% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 22.19 (Q1 2026), 19.75 (Q4 2025) and 24.00 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn |
| 10 | Cummins | 71.32 Bn | 68.45 Bn | 2.47 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.36 |
| Mar 31, 2026 | 22.19 |
| Dec 31, 2025 | 19.75 |
| Sep 30, 2025 | 24.00 |
| Jun 30, 2025 | 23.64 |
| Mar 31, 2025 | 18.14 |
| Dec 31, 2024 | 23.11 |
| Sep 30, 2024 | 23.88 |
| Jun 30, 2024 | 23.27 |
| Mar 31, 2024 | 24.52 |
| Dec 31, 2023 | 19.46 |
| Sep 30, 2023 | 18.05 |
| Jun 30, 2023 | 18.14 |
| Mar 31, 2023 | 16.44 |
| Dec 31, 2022 | 15.68 |
| Sep 30, 2022 | 14.08 |
| Jun 30, 2022 | 13.96 |
| Mar 31, 2022 | 17.29 |
| Dec 31, 2021 | 20.20 |
| Sep 30, 2021 | 17.85 |
Eaton EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=ETN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "ETN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=ETN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();