What is Eaton Corp plc worth?
With the base-case assumptions below, a discounted cash flow model on Eaton Corp plc's reported free cash flow gives $165.80 per share. The share price was $354.22 on November 10, 2026, 114% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 4.0% | 10.0% | $83.78 | -76% |
| Base | 9.0% | 9.0% | $165.80 | -53% |
| Bull | 14.0% | 8.0% | $318.83 | -10% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $225.93 | $244.42 | $267.03 | $295.28 | $331.61 |
| 8.0% | $180.95 | $192.95 | $207.12 | $224.13 | $244.92 |
| 9.0% | $148.14 | $156.34 | $165.80 | $176.84 | $189.89 |
| 10.0% | $123.19 | $129.02 | $135.63 | $143.18 | $151.90 |
| 11.0% | $103.60 | $107.87 | $112.65 | $118.03 | $124.12 |
Where the presets come from
Base: years 1 to 5 grow at Eaton Corp plc's revenue growth rate over the last 5 fiscal years (9.0% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions