Eaton (ETN) vs GE Vernova (GEV)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
GE Vernova (GEV) has outperformed Eaton (ETN) over the past year, gaining 64.5% versus a gain of 16.3%. GE Vernova is the larger company by market cap ($261.67 billion vs $164.25 billion), about 1.6 times the size, while Eaton is growing revenue faster (+10.3% vs +9.0%). On valuation, Eaton trades at a lower forward P/E (26.0x vs 39.0x for GE Vernova).
Eaton offers the higher dividend yield (1.01% vs 0.18%). Eaton converts more of its revenue into profit, with a net margin of 14.9% versus 12.8%.
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 | ETN | GEV |
|---|---|---|
| Share price | $422.89 | $982.48 |
| Market cap | $164.25B | $261.67B |
| 1-day change | -1.96% | -1.47% |
| YTD return | +35.42% | +52.56% |
| 1-year return | +16.28% | +64.50% |
| 5-year return | +167.16% | — |
| P/E ratio (TTM) | 43.02 | 28.17 |
| Forward P/E | 26.03 | 39.01 |
| EPS (TTM) | $9.83 | $34.88 |
| Dividend yield | 1.01% | 0.18% |
| Annual dividend | $4.28 | $1.75 |
| Revenue (latest FY) | $27.45B | $38.07B |
| Revenue growth (YoY) | +10.33% | +8.97% |
| Net income (latest FY) | $4.09B | $4.88B |
| Gross margin | 37.59% | 19.79% |
| Operating margin | — | 3.65% |
| Net margin | 14.89% | 12.83% |
| 52-week high | $478.00 | $1,195.94 |
| 52-week low | $311.92 | $530.16 |
| Distance from 52-week high | -11.53% | -17.85% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +13.87% | +25.23% |
| Average volume | 2.08M | 2.33M |
| Shares outstanding | 388.40M | 266.33M |
| Employees | 97,303 | 78,000 |
| Sector | Technology | Technology |
| Industry | Industrial Machinery/Components | Consumer Electronics/Appliances |
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
- GEV has outperformed ETN by 48.2 percentage points over the past year.
- Eaton trades at a higher earnings multiple (43.0x vs 28.2x trailing P/E).
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
About GE Vernova
GEV stock →GE Vernova Inc., an energy company, engages in the provision of various products and services that generate, transfer, orchestrate, convert, and store electricity in the United States, Europe, Asia, the Middle East, and Africa. The company operates through three segments: Power, Wind, and Electrification.
Technology · Consumer Electronics/Appliances · 78,000 employees
ETN vs GEV FAQ
Which is bigger, Eaton or GE Vernova?
GE Vernova (GEV) is larger, with a market capitalization of $261.67B compared with $164.25B for Eaton (ETN).
Which stock has performed better over the past year, ETN or GEV?
GEV returned +64.50% 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, ETN or GEV?
GEV has the lower trailing P/E at 28.2, versus 43.0 for ETN. 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, Eaton or GE Vernova?
Eaton has the higher yield at 1.01%, compared with 0.18% for GE Vernova.
Are Eaton and GE Vernova in the same industry?
Both are in the Technology sector, but in different industries: Industrial Machinery/Components for Eaton and Consumer Electronics/Appliances for GE Vernova.