---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-24-000149"
form_type: "8-K"
ticker: "ETN"
cik: "0001551182"
company_name: "Eaton Corp plc"
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T11:03:39.803551+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Eaton reports record Q4 adjusted EPS $2.55, up 24% YoY; guides FY24 adj EPS $9.95-$10.35

## Summary
- Q4 sales $6.0B (record, +11% YoY); segment margins 22.8% record (+200 bps); operating cash flow $1.3B record.
- Full-year 2023 sales $23.2B record, adjusted EPS $9.12 up 20%; segment margins 22.0% record.
- FY 2024 guidance: adj EPS $9.95-$10.35 (+11% at midpoint), organic growth 6.5-8.5%.
- Announces $375M multi-year restructuring program expected to deliver $325M mature-year benefits.
- Backlog strong: Electrical Americas +18% organic, Aerospace +13%; book-to-bill >1.1.

## SEC filing metadata
- accession: 0001157523-24-000149
- form_type: 8-K
- ticker: ETN
- cik: 0001551182
- company_name: Eaton Corp plc
- filed_at: 2024-02-01T23:59:59+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/1551182/000115752324000149/0001157523-24-000149-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1551182/000115752324000149/a53890459.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-24-000149
- JSON: https://secwatch.observer/filing/0001157523-24-000149.json
- Plain text: https://secwatch.observer/filing/0001157523-24-000149.txt

## Key facts
- Earnings Releases
  Eaton Corp plc reported for the full year 2023 results: revenue $23.2 billion, EPS $8.02.
  - Period: for the full year 2023
  - Revenue: $23.2 billion
  - EPS: $8.02
  - Result: reported results
  source text: For the full year 2023, sales were a record $23.2 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/1551182/000115752324000149/0001157523-24-000149-index.htm
- Earnings Releases
  Eaton Corp plc reported the quarter ended December 31, 2023 results: revenue $6.0 billion, EPS $2.35.
  - Period: the quarter ended December 31, 2023
  - Revenue: $6.0 billion
  - EPS: $2.35
  - Result: reported results
  source text: per share related to acquisitions and divestitures, adjusted earnings per share of $2.55 were a record and up 24% over the fourth quarter of 2022. Sales in the quarter were $6.0 billion, a record and up 11% from the fourth quarter of 2022, driven by 10% organic sales growth and 1% foreign exchange. Segment margins were 22.8%, a fourth quarter record and a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1551182/000115752324000149/0001157523-24-000149-index.htm
- Earnings Releases
  Eaton Corp plc reported the full year 2024 results: EPS $9.95 and $10.35. Guidance initiated.
  - Period: the full year 2024
  - EPS: $9.95 and $10.35
  - Guidance: initiated
  - Result: guidance update
  source text: For the full year 2024, the company expects organic growth of 6.5-8.5% and adjusted earnings per share to be between $9.95 and $10.35
  evidence_url: https://www.sec.gov/Archives/edgar/data/1551182/000115752324000149/0001157523-24-000149-index.htm
- Earnings Releases
  Eaton Corp plc reported the first quarter of 2024 results: EPS $2.21 and $2.31. Guidance initiated.
  - Period: the first quarter of 2024
  - EPS: $2.21 and $2.31
  - Guidance: initiated
  - Result: guidance update
  source text: For the first quarter of 2024, the company anticipates organic growth of 6-8% and adjusted earnings per share to be between $2.21 and $2.31
  evidence_url: https://www.sec.gov/Archives/edgar/data/1551182/000115752324000149/0001157523-24-000149-index.htm

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