Eaton's ROE Exceeds Industry at 21.45X: Time to Buy the Stock?
Eaton(ETN) ZACKS·2024-10-22 02:11
Eaton Corporation’s (ETN) trailing 12-month return on equity of 21.45% is better than the industry average of 10%. Return on equity, a profitability measure, reflects how effectively a company utilizes its shareholders’ funds to generate income.Organic growth and continued investment in research and development of new products are assisting the company in providing efficient power management solutions to its clients. Expansion of existing assets and strategic acquisitions are further expanding its market re ...