earnings
confidence high
sentiment positive
materiality 0.95
Eaton reports record Q4 2024 results with adjusted EPS $2.83, up 11%, and issues 2025 guidance
Eaton Corp plc
2024-FY EPS reported
$9.50
revenue$24,878,000,000
- Q4 2024 adjusted EPS $2.83, record, up 11% YoY; GAAP EPS $2.45, up 4% YoY
- Record Q4 segment margins 24.7%, up 190 bps YoY; Electrical Americas backlog up 29% organically
- Full year 2024 adjusted EPS $10.80, up 18% YoY; GAAP EPS $9.50, record
- 2025 guidance: adjusted EPS $11.80-$12.20, organic growth 7-9%, segment margins 24.4-24.8%
- Q4 2024 sales $6.2B record, up 5% YoY; free cash flow $1.3B record, up 27%