---
schema_version: "secwatch.filing_event.v1"
accession: "0001551182-24-000010"
form_type: "8-K"
ticker: "ETN"
cik: "0001551182"
company_name: "Eaton Corp plc"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:22:30.843521+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Eaton Q1 2024: record EPS $2.04, adj. $2.40, segment margin 23.1%, raises FY outlook

## Summary
- Q1 EPS $2.04, adjusted EPS $2.40, both up 28% YoY; revenue $5.9B record, +8% organic.
- Segment margins record 23.1%, +340 bps YoY; Electrical Americas margin 29.2%, +630 bps.
- Raised FY2024 guidance: organic growth 7-9%, segment margin 22.8-23.2%, adj. EPS $10.20-10.60.
- Electrical Americas backlog up 31% YoY; Aerospace backlog up 11%; Electrical book-to-bill 1.2.
- Free cash flow $292M, up 40% YoY; operating cash flow $475M, up 42%.

## SEC filing metadata
- accession: 0001551182-24-000010
- form_type: 8-K
- ticker: ETN
- cik: 0001551182
- company_name: Eaton Corp plc
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1551182/000155118224000010/0001551182-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1551182/000155118224000010/etn-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001551182-24-000010
- JSON: https://secwatch.observer/filing/0001551182-24-000010.json
- Plain text: https://secwatch.observer/filing/0001551182-24-000010.txt

## Key facts
- Earnings Releases
  Eaton Corp plc reported the quarter ended March 31, 2024 results: revenue $5.9 billion, EPS $2.04. Guidance raised.
  - Period: the quarter ended March 31, 2024
  - Revenue: $5.9 billion
  - EPS: $2.04
  - Guidance: raised
  - Result: reported results
  source text: to acquisitions and divestitures, adjusted earnings per share of $2.40 were also a first quarter record and up 28% over the first quarter of 2023. Sales in the quarter were $5.9 billion, a first quarter record and up 8% from the first quarter of 2023, driven entirely by organic sales growth. Segment margins were 23.1%, a first quarter record and a 340-basis
  evidence_url: https://www.sec.gov/Archives/edgar/data/1551182/000155118224000010/0001551182-24-000010-index.htm

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