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Side-by-side financial comparison of Eaton Corporation (ETN) and PILGRIMS PRIDE CORP (PPC). Click either name above to swap in a different company.
Eaton Corporation is the larger business by last-quarter revenue ($7.1B vs $4.5B, roughly 1.6× PILGRIMS PRIDE CORP). Eaton Corporation runs the higher net margin — 16.0% vs 2.2%, a 13.8% gap on every dollar of revenue. On growth, Eaton Corporation posted the faster year-over-year revenue change (13.1% vs 1.6%). Over the past eight quarters, Eaton Corporation's revenue compounded faster (9.0% CAGR vs -0.3%).
Eaton Corporation plc is an Irish multinational power management company, with a primary administrative center in Beachwood, Ohio. Eaton has more than 85,000 employees and sells products to customers in more than 175 countries.
Pilgrim's Pride Corporation is an American, multi-national food company, currently one of the largest chicken producers in the United States and Puerto Rico and the second-largest chicken producer in Mexico. It exited bankruptcy in December 2009 and relocated its U.S. headquarters to Greeley, Colorado, in 2011. It is majority-owned by JBS S.A. Pilgrim's Pride purchased Gold'n Plump for $350 million in late November 2016.
ETN vs PPC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $7.1B | $4.5B |
| Net Profit | $1.1B | $101.5M |
| Gross Margin | 36.8% | 7.6% |
| Operating Margin | 18.3% | 3.6% |
| Net Margin | 16.0% | 2.2% |
| Revenue YoY | 13.1% | 1.6% |
| Net Profit YoY | 16.5% | — |
| EPS (diluted) | $2.90 | $0.43 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $4.5B | ||
| Q4 25 | $7.1B | $4.5B | ||
| Q3 25 | $7.0B | $4.8B | ||
| Q2 25 | $7.0B | $4.8B | ||
| Q1 25 | $6.4B | $4.5B | ||
| Q4 24 | $6.2B | $4.4B | ||
| Q3 24 | $6.3B | $4.6B | ||
| Q2 24 | $6.3B | $4.6B |
| Q1 26 | — | $101.5M | ||
| Q4 25 | $1.1B | $88.0M | ||
| Q3 25 | $1.0B | $342.8M | ||
| Q2 25 | $982.0M | $355.5M | ||
| Q1 25 | $964.0M | $296.0M | ||
| Q4 24 | $971.0M | $235.9M | ||
| Q3 24 | $1.0B | $349.9M | ||
| Q2 24 | $993.0M | $326.3M |
| Q1 26 | — | 7.6% | ||
| Q4 25 | 36.8% | 9.5% | ||
| Q3 25 | 38.3% | 13.9% | ||
| Q2 25 | 37.0% | 15.0% | ||
| Q1 25 | 38.4% | 12.4% | ||
| Q4 24 | 38.9% | 12.7% | ||
| Q3 24 | 38.6% | 14.9% | ||
| Q2 24 | 38.0% | 15.2% |
| Q1 26 | — | 3.6% | ||
| Q4 25 | 18.3% | 4.5% | ||
| Q3 25 | 18.2% | 10.4% | ||
| Q2 25 | 16.9% | 10.8% | ||
| Q1 25 | 18.5% | 9.1% | ||
| Q4 24 | 18.7% | 7.0% | ||
| Q3 24 | 19.0% | 11.1% | ||
| Q2 24 | 18.8% | 9.7% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | 16.0% | 1.9% | ||
| Q3 25 | 14.5% | 7.2% | ||
| Q2 25 | 14.0% | 7.5% | ||
| Q1 25 | 15.1% | 6.6% | ||
| Q4 24 | 15.6% | 5.4% | ||
| Q3 24 | 15.9% | 7.6% | ||
| Q2 24 | 15.6% | 7.2% |
| Q1 26 | — | $0.43 | ||
| Q4 25 | $2.90 | $0.37 | ||
| Q3 25 | $2.59 | $1.44 | ||
| Q2 25 | $2.51 | $1.49 | ||
| Q1 25 | $2.45 | $1.24 | ||
| Q4 24 | $2.45 | $1.00 | ||
| Q3 24 | $2.53 | $1.47 | ||
| Q2 24 | $2.48 | $1.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $803.0M | $542.4M |
| Total DebtLower is stronger | $8.8B | $3.1B |
| Stockholders' EquityBook value | $19.4B | $3.7B |
| Total Assets | $41.3B | $10.2B |
| Debt / EquityLower = less leverage | 0.45× | 0.83× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $542.4M | ||
| Q4 25 | $803.0M | $640.2M | ||
| Q3 25 | $565.0M | $612.6M | ||
| Q2 25 | $584.0M | $849.0M | ||
| Q1 25 | $1.9B | $2.1B | ||
| Q4 24 | $2.1B | $2.0B | ||
| Q3 24 | $2.0B | $1.9B | ||
| Q2 24 | $2.8B | $1.3B |
| Q1 26 | — | $3.1B | ||
| Q4 25 | $8.8B | $3.1B | ||
| Q3 25 | $8.8B | $3.1B | ||
| Q2 25 | $8.8B | $3.1B | ||
| Q1 25 | $7.6B | $3.2B | ||
| Q4 24 | $8.5B | $3.2B | ||
| Q3 24 | $8.7B | $3.2B | ||
| Q2 24 | $8.6B | $3.2B |
| Q1 26 | — | $3.7B | ||
| Q4 25 | $19.4B | $3.7B | ||
| Q3 25 | $18.8B | $3.5B | ||
| Q2 25 | $18.6B | $3.7B | ||
| Q1 25 | $18.5B | $3.1B | ||
| Q4 24 | $18.5B | $4.2B | ||
| Q3 24 | $19.1B | $4.2B | ||
| Q2 24 | $19.2B | $3.7B |
| Q1 26 | — | $10.2B | ||
| Q4 25 | $41.3B | $10.3B | ||
| Q3 25 | $40.6B | $10.0B | ||
| Q2 25 | $40.5B | $10.1B | ||
| Q1 25 | $39.2B | $11.0B | ||
| Q4 24 | $38.4B | $10.7B | ||
| Q3 24 | $39.2B | $10.7B | ||
| Q2 24 | $39.4B | $10.1B |
| Q1 26 | — | 0.83× | ||
| Q4 25 | 0.45× | 0.84× | ||
| Q3 25 | 0.46× | 0.87× | ||
| Q2 25 | 0.47× | 0.83× | ||
| Q1 25 | 0.41× | 1.02× | ||
| Q4 24 | 0.46× | 0.76× | ||
| Q3 24 | 0.45× | 0.76× | ||
| Q2 24 | 0.45× | 0.85× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.0B | — |
| Free Cash FlowOCF − Capex | $1.6B | — |
| FCF MarginFCF / Revenue | 22.3% | — |
| Capex IntensityCapex / Revenue | 5.6% | — |
| Cash ConversionOCF / Net Profit | 1.74× | — |
| TTM Free Cash FlowTrailing 4 quarters | $3.6B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | $291.2M | ||
| Q3 25 | $1.4B | $458.3M | ||
| Q2 25 | $918.0M | $495.2M | ||
| Q1 25 | $238.0M | $126.9M | ||
| Q4 24 | $1.6B | $349.3M | ||
| Q3 24 | $1.3B | $651.1M | ||
| Q2 24 | $946.0M | $718.6M |
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $10.0M | ||
| Q3 25 | $1.2B | $275.9M | ||
| Q2 25 | $716.0M | $339.1M | ||
| Q1 25 | $91.0M | $28.1M | ||
| Q4 24 | $1.3B | $176.6M | ||
| Q3 24 | $1.1B | $565.3M | ||
| Q2 24 | $759.0M | $617.7M |
| Q1 26 | — | — | ||
| Q4 25 | 22.3% | 0.2% | ||
| Q3 25 | 16.8% | 5.8% | ||
| Q2 25 | 10.2% | 7.1% | ||
| Q1 25 | 1.4% | 0.6% | ||
| Q4 24 | 21.5% | 4.0% | ||
| Q3 24 | 17.7% | 12.3% | ||
| Q2 24 | 12.0% | 13.5% |
| Q1 26 | — | — | ||
| Q4 25 | 5.6% | 6.2% | ||
| Q3 25 | 2.5% | 3.8% | ||
| Q2 25 | 2.9% | 3.3% | ||
| Q1 25 | 2.3% | 2.2% | ||
| Q4 24 | 4.1% | 4.0% | ||
| Q3 24 | 2.9% | 1.9% | ||
| Q2 24 | 2.9% | 2.2% |
| Q1 26 | — | — | ||
| Q4 25 | 1.74× | 3.31× | ||
| Q3 25 | 1.34× | 1.34× | ||
| Q2 25 | 0.93× | 1.39× | ||
| Q1 25 | 0.25× | 0.43× | ||
| Q4 24 | 1.64× | 1.48× | ||
| Q3 24 | 1.30× | 1.86× | ||
| Q2 24 | 0.95× | 2.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ETN
| Other | $1.8B | 26% |
| Electrical Global Segment | $1.7B | 24% |
| Aerospace Segment | $1.1B | 16% |
| Vehicle Segment | $586.0M | 8% |
| Original Equipment Manufacturers | $438.0M | 6% |
| Aftermarket Distribution And End User | $403.0M | 6% |
| Commercial | $341.0M | 5% |
| Industrialand Other | $269.0M | 4% |
| Passenger And Light Duty | $244.0M | 3% |
| E Mobility Segment | $124.0M | 2% |
PPC
| U.S | $2.6B | 58% |
| Europe | $1.4B | 30% |
| Mexico | $545.5M | 12% |
