---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001199"
form_type: "8-K"
ticker: "ETN"
cik: "0001551182"
company_name: "Eaton Corp plc"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T18:08:28.283970+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Eaton Q2 2023: Adj EPS $2.21, records; raises FY guidance to $8.75 midpoint

## Summary
- Record Q2 adj EPS $2.21 (+18% YoY); GAAP EPS $1.86. Sales $5.9B (+13% organic, also a record).
- Record segment margin 21.6% (+150bps YoY); operating cash flow $851M (+150%), free cash flow $691M (+244%).
- Electrical Americas sales $2.5B (+19% organic); segment margin 26.4% (+320bps). Aerospace sales $848M (+14%).
- FY adj EPS guidance raised to $8.65-$8.85 (midpoint $8.75, +16%); Q3 adj EPS guided $2.27-$2.37.
- Backlog grew 30% in Electrical Americas and 26% in Aerospace; overall book-to-bill 1.2.

## SEC filing metadata
- accession: 0001157523-23-001199
- form_type: 8-K
- ticker: ETN
- cik: 0001551182
- company_name: Eaton Corp plc
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1551182/000115752323001199/0001157523-23-001199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1551182/000115752323001199/a53493804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001199
- JSON: https://secwatch.observer/filing/0001157523-23-001199.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001199.txt

## Key facts
- Earnings Releases
  Eaton Corp plc reported quarter ended June 30, 2023 results: revenue $5.9 billion, EPS $1.86. Guidance raised.
  - Period: quarter ended June 30, 2023
  - Revenue: $5.9 billion
  - EPS: $1.86
  - Guidance: raised
  - Result: reported results
  source text: DUBLIN--(BUSINESS WIRE)--August 1, 2023--Intelligent power management company Eaton Corporation plc (NYSE:ETN) today announced that earnings per share were $1.86 for the second quarter of 2023. Excluding charges of $0.21 per share related to intangible amortization, $0.08 per share related to acquisitions and divestitures, and $0.06 per share related to a multi-year restructuring program, adjusted earnings per share of $2.21 were a quarterly record and up 18% over the second quarter of 2022. Sales in the quarter were $5.9 billion, a quarterly record and up 13% from the second quarter of 2022, driven entirely by organic sales growth. Segment margins were 21.6%, a quarterly record and a 150-basis point improvement over the second quarter of 2022. Operating cash flow in the quarter was $851 million and free cash flow was $691 million, up $511 million and $490 million, respectively, over the same period in 2022 and in-line with full year targets. The company raised its full year adjusted e
  evidence_url: https://www.sec.gov/Archives/edgar/data/1551182/000115752323001199/0001157523-23-001199-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.