AZZ vs. ETN

Last updated Apr 2, 2026

Compare and contrast key facts about AZZ Inc. (AZZ) and Eaton Corporation plc (ETN).

Performance

AZZ vs. ETN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AZZ Inc. (AZZ) and Eaton Corporation plc (ETN). The values are adjusted to include any dividend payments, if applicable.

AZZ vs. ETN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AZZ AZZ Inc.	17.98%	31.89%	42.35%	46.82%	-26.09%	18.10%	5.34%	15.65%	-19.88%	-19.00%
ETN Eaton Corporation plc	15.13%	-2.79%	39.51%	56.22%	-7.18%	46.70%	29.88%	42.76%	-10.04%	21.54%

Fundamentals

Market Cap AZZ : $3.81B ETN : $142.39B
EPS AZZ : $10.64 ETN : $10.47
PE Ratio AZZ : 11.87 ETN : 34.93
PEG Ratio AZZ : 0.81 ETN : 1.90
PS Ratio AZZ : 2.36 ETN : 5.20
PB Ratio AZZ : 2.89 ETN : 7.31
Total Revenue (TTM) AZZ : $1.62B ETN : $27.45B
Gross Profit (TTM) AZZ : $386.08M ETN : $10.32B
EBITDA (TTM) AZZ : $550.60M ETN : $5.90B

Returns By Period

In the year-to-date period, AZZ achieves a 17.98% return, which is significantly higher than ETN's 15.13% return. Over the past 10 years, AZZ has underperformed ETN with an annualized return of 9.72%, while ETN has yielded a comparatively higher 21.98% annualized return.

AZZ

• 1D: 0.90%
• 1M: -6.15%
• YTD: 17.98%
• 6M: 16.17%
• 1Y: 48.29%
• 3Y*: 46.70%
• 5Y*: 21.33%
• 10Y*: 9.72%

ETN

• 1D: 2.21%
• 1M: -2.84%
• YTD: 15.13%
• 6M: -1.64%
• 1Y: 33.74%
• 3Y*: 30.52%
• 5Y*: 23.26%
• 10Y*: 21.98%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AZZ vs. ETN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AZZ

AZZ Risk / Return Rank: 82
AZZ Sharpe Ratio Rank: 84
AZZ Sortino Ratio Rank: 82
AZZ Omega Ratio Rank: 78
AZZ Calmar Ratio Rank: 84
AZZ Martin Ratio Rank: 80

ETN

ETN Risk / Return Rank: 71
ETN Sharpe Ratio Rank: 73
ETN Sortino Ratio Rank: 68
ETN Omega Ratio Rank: 66
ETN Calmar Ratio Rank: 75
ETN Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AZZ vs. ETN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AZZ Inc. (AZZ) and Eaton Corporation plc (ETN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AZZ	ETN	Difference
Sharpe ratio Return per unit of total volatility	1.53	0.99	+0.54
Sortino ratio Return per unit of downside risk	2.26	1.51	+0.75
Omega ratio Gain probability vs. loss probability	1.28	1.20	+0.08
Calmar ratio Return relative to maximum drawdown	2.87	1.89	+0.98
Martin ratio Return relative to average drawdown	6.29	4.21	+2.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AZZ vs. ETN - Sharpe Ratio Comparison

The current AZZ Sharpe Ratio is 1.53, which is higher than the ETN Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of AZZ and ETN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AZZ	ETN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.53	0.99	+0.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.80	-0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.28	0.74	-0.47
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.41	-0.17

Correlation

The correlation between AZZ and ETN is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AZZ vs. ETN - Dividend Comparison

AZZ's dividend yield for the trailing twelve months is around 0.61%, less than ETN's 1.15% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AZZ AZZ Inc.	0.61%	0.69%	0.83%	1.17%	1.69%	1.23%	1.43%	1.48%	1.68%	1.33%	0.97%	1.08%
ETN Eaton Corporation plc	1.15%	1.31%	1.13%	1.43%	2.06%	1.76%	1.88%	3.00%	3.85%	3.04%	3.40%	4.23%

Drawdowns

AZZ vs. ETN - Drawdown Comparison

The maximum AZZ drawdown since its inception was -77.87%, which is greater than ETN's maximum drawdown of -68.95%. Use the drawdown chart below to compare losses from any high point for AZZ and ETN.

Drawdown Indicators

	AZZ	ETN	Difference
Max Drawdown Largest peak-to-trough decline	-77.87%	-68.95%	-8.92%
Max Drawdown (1Y) Largest decline over 1 year	-18.16%	-19.14%	+0.98%
Max Drawdown (5Y) Largest decline over 5 years	-46.23%	-34.46%	-11.77%
Max Drawdown (10Y) Largest decline over 10 years	-68.02%	-44.55%	-23.47%
Current Drawdown Current decline from peak	-9.98%	-7.42%	-2.56%
Average Drawdown Average peak-to-trough decline	-32.09%	-14.93%	-17.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.29%	8.58%	-0.29%

Volatility

AZZ vs. ETN - Volatility Comparison

AZZ Inc. (AZZ) and Eaton Corporation plc (ETN) have volatilities of 10.19% and 10.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AZZ	ETN	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.19%	10.43%	-0.24%
Volatility (6M) Calculated over the trailing 6-month period	20.41%	23.39%	-2.98%
Volatility (1Y) Calculated over the trailing 1-year period	31.78%	34.38%	-2.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.16%	29.21%	+3.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.43%	29.65%	+5.78%

Financials

AZZ vs. ETN - Profitability Comparison

The chart below illustrates the profitability comparison between AZZ Inc. and Eaton Corporation plc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AZZ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, AZZ Inc. reported a gross profit of 101.94M and revenue of 425.75M. Therefore, the gross margin over that period was 23.9%.

ETN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Eaton Corporation plc reported a gross profit of 2.60B and revenue of 7.06B. Therefore, the gross margin over that period was 36.8%.

AZZ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, AZZ Inc. reported an operating income of 69.48M and revenue of 425.75M, resulting in an operating margin of 16.3%.

ETN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Eaton Corporation plc reported an operating income of 1.38B and revenue of 7.06B, resulting in an operating margin of 19.5%.

AZZ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, AZZ Inc. reported a net income of 41.08M and revenue of 425.75M, resulting in a net margin of 9.7%.

ETN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Eaton Corporation plc reported a net income of 1.13B and revenue of 7.06B, resulting in a net margin of 16.1%.