EATON CORPORATION plc
$174.35B- Market cap
- $165.26B
- Debt
- +$9.90B
- Cash
- −$803.00M
Capital structure 94% equity / 6% debt · EV / Revenue 6.35x · EV / EBITDA 32.26x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: ETN stock price at discount vs RIOT $425.48 current versus $919.98 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at RIOT's multiple
Implied fair value · at ETN's multiple
Snapshot Sep 8, 2026, 3:31 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple discount
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: ETN FY 2025 (ended Dec 31, 2025) · RIOT FY 2025 (ended Dec 31, 2025).
Trendline
13 fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 94% equity / 6% debt · EV / Revenue 6.35x · EV / EBITDA 32.26x
Capital structure 91% equity / 9% debt · EV / Revenue 13.96x
ETN carries the larger enterprise value at $174.35B against $9.04B; ETN trades on the lower EV / Revenue multiple (6.35x vs 13.96x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
EATON CORPORATION plc · implied price per share
Bear
$91.27
Base
$113.64
Bull
$143.83
RIOT PLATFORMS, INC. · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.51x
0.29x
Net debt / EBITDA
Leverage against operating earnings
1.68x
-0.95x
Cash and equivalents
Liquid reserves on the balance sheet
$803.00M
$233.52M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
$9.90B
$840.80M
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
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