Bloom Energy (BE) vs Eaton (ETN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Bloom Energy (BE) has outperformed Eaton (ETN) over the past year, gaining 238.5% versus a gain of 16.3%. Over five years, BE leads with a +1278.6% price change compared with +167.2% for ETN. Eaton is the larger company by market cap ($167.53 billion vs $85.79 billion), about 2.0 times the size, while Bloom Energy is growing revenue faster (+37.3% vs +10.3%).
On valuation, Eaton trades at a lower forward P/E (26.5x vs 58.9x for Bloom Energy). Eaton pays a dividend yielding 0.99%, while Bloom Energy does not currently pay one. Eaton converts more of its revenue into profit, with a net margin of 14.9% versus -4.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BE | ETN |
|---|---|---|
| Share price | $291.29 | $431.33 |
| Market cap | $85.79B | $167.53B |
| 1-day change | -1.52% | -3.09% |
| YTD return | +235.24% | +35.42% |
| 1-year return | +238.47% | +16.28% |
| 5-year return | +1278.56% | +167.16% |
| P/E ratio (TTM) | 383.28 | 45.26 |
| Forward P/E | 58.94 | 26.55 |
| EPS (TTM) | $0.76 | $9.53 |
| Dividend yield | 0.00% | 0.99% |
| Annual dividend | $0.00 | $4.28 |
| Revenue (latest FY) | $2.02B | $27.45B |
| Revenue growth (YoY) | +37.33% | +10.33% |
| Net income (latest FY) | $-87.14M | $4.09B |
| Gross margin | 29.02% | 37.59% |
| Operating margin | 3.60% | — |
| Net margin | -4.31% | 14.89% |
| 52-week high | $351.28 | $478.00 |
| 52-week low | $75.70 | $311.92 |
| Distance from 52-week high | -17.08% | -9.76% |
| Analyst consensus | buy | buy |
| Avg. price target upside | -2.58% | +11.64% |
| Average volume | 15.54M | 2.08M |
| Shares outstanding | 294.53M | 388.40M |
| Employees | 2,214 | 97,303 |
| Sector | Energy | Technology |
| Industry | Industrial Machinery/Components | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- BE has outperformed ETN by 222.2 percentage points over the past year.
- Bloom Energy trades at a higher earnings multiple (383.3x vs 45.3x trailing P/E).
- Eaton is more profitable, keeping 14.9 cents of every revenue dollar as net income versus -4.3 cents for Bloom Energy.
- Bloom Energy grew revenue faster in its latest fiscal year (+37.33% vs +10.33%).
- The two companies sit in different sectors: Bloom Energy in Energy and Eaton in Technology.
About Bloom Energy
BE stock →Bloom Energy Corporation designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation in the United States and internationally. It offers Bloom Energy Server, an energy server platform to convert fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels, into electricity through a non-combustion electrochemical process.
Energy · Industrial Machinery/Components · 2,214 employees
About Eaton
ETN stock →Eaton Corporation plc operates as a power management company in the United States, Canada, Latin America, Europe, and the Asia Pacific. It operates through Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility segments.
Technology · Industrial Machinery/Components · 97,303 employees
BE vs ETN FAQ
Which is bigger, Bloom Energy or Eaton?
Eaton (ETN) is larger, with a market capitalization of $167.53B compared with $85.79B for Bloom Energy (BE).
Which stock has performed better over the past year, BE or ETN?
BE returned +238.47% over the past 12 months, compared with +16.28% for ETN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BE or ETN?
ETN has the lower trailing P/E at 45.3, versus 383.3 for BE. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Bloom Energy or Eaton?
Eaton pays a dividend yielding 0.99%, while Bloom Energy does not currently pay a regular dividend.
Are Bloom Energy and Eaton in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Energy sector.