ETN EV/EBITDA: current value, 10-year range and year-by-year history
Cash & Leverage
ETN's ev/ebitda is higher than 95% of the last 10 years.
EV/EBITDA History
ETN EV/EBITDA by year
Yearly range of ETN’s ev/ebitda from 2016 to 2026. Over the full period it ranged from 8.4 to 31.0, averaging 17.8.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 21.8 | 26.9 | 31.0 | 28.7 |
| 2025 | 18.2 | 24.2 | 28.0 | 21.7 |
| 2024 | 20.7 | 25.5 | 28.8 | 25.0 |
| 2023 | 17.3 | 20.2 | 24.1 | 22.3 |
| 2022 | 14.5 | 17.2 | 20.5 | 19.4 |
| 2021 | 17.2 | 21.4 | 24.7 | 19.6 |
| 2020 | 8.7 | 14.9 | 20.8 | 19.4 |
| 2019 | 10.0 | 11.4 | 12.8 | 12.8 |
| 2018 | 8.4 | 9.7 | 12.9 | 10.3 |
| 2017 | 9.3 | 11.8 | 13.4 | 9.7 |
| 2016 | 10.7 | 11.5 | 12.1 | 11.7 |
Get notified when ETN EV/EBITDA crosses a threshold
Free — one alert setup, notifications by push, Telegram, or Discord.
An acquisition-style valuation multiple: Enterprise Value (market cap + net debt) divided by operating earnings before accounting adjustments. Compares companies fairly regardless of their capital structure.
(Market Cap + Net Debt) / EBITDAUnlike P/E, this metric accounts for debt — two companies with identical operations but different leverage will show similar EV/EBITDA. Low vs history suggests the total business is modestly priced.
- EBITDA ignores capital expenditure. For asset-heavy businesses (airlines, mining, utilities), this understates the real cost — use EV/EBIT or EV/FCF instead.
- Large acquisitions temporarily spike net debt and can distort the ratio for 1–2 years during integration.
Is ETN EV/EBITDA High or Low Right Now?
Eaton Corporation plc's EV/EBITDA is currently 28.7, which is near historic high relative to its 10-year historical range. The 10-year median EV/EBITDA for ETN is approximately 18.0. See all ETN valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.