U.S. Markets open in 8 hrs 44 mins

Eaton Corp PLC (ETN) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Eaton Corp PLC (ETN) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. 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 $34.91 billion; its shares were traded at around $80.54 with a P/E ratio of 16.44 and P/S ratio of 1.65. The dividend yield of Eaton Corp PLC stocks is 3.28%. Eaton Corp PLC had annual average EBITDA growth of 5.40% over the past ten years.


For the last quarter Eaton Corp PLC reported a revenue of $5.5 billion, compared with the revenue of $5.2 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $21.6 billion, an increase of 5.9% from last year. For the last five years Eaton Corp PLC had an average revenue decline of 1.3% a year.

The reported diluted earnings per share was $4.91 for the year, a decline of 26.5% from the previous year. Over the last five years Eaton Corp PLC had an EPS growth rate of 8.6% a year. The Eaton Corp PLC had a decent operating margin of 13.73%, compared with the operating margin of 12.25% a year before. The 10-year historical median operating margin of Eaton Corp PLC is 9.96%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Eaton Corp PLC has the cash and cash equivalents of $283.0 million, compared with $561.0 million in the previous year. The long term debt was $6.8 billion, compared with $7.2 billion in the previous year. Eaton Corp PLC has a financial strength rank of 6 (out of 10).

At the current stock price of $80.54, Eaton Corp PLC is traded at 28.5% premium to its historical median P/S valuation band of $62.70. The P/S ratio of the stock is 1.65, while the historical median P/S ratio is 1.29. The stock gained 1.03% during the past 12 months.

Directors and Officers Recent Trades:

  • See Remarks below Curtis J Hutchins sold 37,625 shares of ETN stock on 02/07/2019 at the average price of $76.02. The price of the stock has increased by 5.95% since.
  • See Remarks below. Joao V Faria sold 5,000 shares of ETN stock on 02/04/2019 at the average price of $76.73. The price of the stock has increased by 4.97% since.

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

This article first appeared on GuruFocus.