As of Q4'25, ETN's EV/Sales ratio stands at 18.93, marking a decrease from the previous quarter's 22.55. This latest figure reflects a notable decline after a period of elevated ratios throughout 2024 and into 2025. Over the period from Q1'23 to Q4'25, the EV/Sales ratio for ETN has exhibited significant volatility, with values ranging from a low of 14.24 in Q1'23 to a peak of 22.98 in Q1'24. The ratio experienced a sharp increase through 2023, peaking in early 2024, followed by fluctuations and a downward adjustment in the latter half of 2025. This trend suggests periods of heightened valuation relative to sales, with recent quarters indicating some normalization.