Event-Driven Stocks

EATON CORP

Industrials · Misc Industrial & Commercial Machinery & Equipment · OH · SEC filings ↗ · Compare ⊕

Signs5 gooddetails ↓

Financials

SEC XBRL · annual
 FY11FY10FY09FY08FY07
Revenue$16.05B$13.71B$11.87B$15.38B$13.03B
Operating income$2.26B$1.70B$950.0M
Net income$1.35B$929.0M$383.0M$1.06B$994.0M
Total assets$17.87B$17.25B$16.28B$16.66B
Total liabilities
Equity$7.47B$7.36B$6.78B$6.32B$5.23B
EPS (diluted)$3.93$2.73$1.14$3.26$6.62
Shares out.340.4M166.4M332.3M165.0M150.3M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2011
Operating margin
14.1%
Net margin
8.4%
Return on equity
18.1%
Return on assets
7.6%
Return on capital (ROCE)
15.9%
Liabilities / assets
Debt / equity
Book value / share
$21.94
Revenue growth (YoY)
17.0%
Net income growth (YoY)
45.3%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2011
Accruals / assets
0.6%clean
Piotroski F-Score
5/8mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
80
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 67Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

5 good
  • Operating margin is positive
  • Strong return on equity (>15%)
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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