Emerson Electric vs Eaton
Eaton is the larger business, with $27.45bn of revenue in fiscal 2025 against $18.02bn for Emerson Electric (1.5 times as much). Eaton grew faster (10.3% against 3.0%). Eaton kept more of each dollar of sales as profit: a net margin of 14.9% against 12.7%.
| Latest fiscal year | Emerson ElectricEMR, 2025 | EatonETN, 2025 |
|---|---|---|
| Revenue | $18.02bn | $27.45bn |
| Revenue growth | 3.0% | 10.3% |
| Net income | $2.29bn | $4.09bn |
| Operating margin | — | — |
| Net margin | 12.7% | 14.9% |
| Return on equity | 10.9% | 21.6% |
| Free cash flow | $2.67bn | $3.55bn |
| Cash | $1.54bn | $622m |
| Total debt | $13.12bn | $9.89bn |
| Debt to equity | 64.7% | — |
| Dividend per share | $2.11 | $4.16 |
| Dividend yield | 1.3% | 1.1% |
| Share buybacks | $1.17bn | $1.86bn |
| Employees | 73,000 | 97,000 |
| Market value | $92.90bn | $152.57bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 78 (Strong) | 64 (Moderate) |
| Insider trades, 12 months | 0 buys, 9 sales | 5 buys, 8 sales |