Eaton Corp plc — fact timeline

Eaton Corp plc reported first quarter 2026 results: revenue $7.5 billion, EPS $2.22. Guidance raised.

“Eaton Corporation plc (NYSE:ETN) today announced that first quarter 2026 earnings per share were $2.22. Excluding charges of $0.29 per share related to intangible amortization, $0.22 per share related to acquisitions and divestitures, and $0.08 per share related to a multi-year restructuring program, adjusted earnings per share were $2.81, a first quarter record. Sales in the quarter were $7.5 billion, a record and up 17% from the first quarter of 2025.”

Eaton Corp plc incurred senior notes of $2,000.0 million with The Bank of New York Mellon Trust Company, N.A., as Trustee at 4.800% maturing March 6, 2036.

“4.800% notes due 2036 in the principal amount of $2,000.0 million (the " 2036 U.S. Notes ")”

Eaton Corp plc incurred senior notes of $1,000.0 million with The Bank of New York Mellon Trust Company, N.A., as Trustee at 4.500% maturing March 6, 2033.

“4.500% notes due 2033 in the principal amount of $1,000.0 million (the " 2033 U.S. Notes ")”

Eaton Corp plc incurred senior notes of $1,500.0 million with The Bank of New York Mellon Trust Company, N.A., as Trustee at 4.200% maturing March 6, 2031.

“4.200% notes due 2031 in the principal amount of $1,500.0 million (the " 2031 U.S. Notes ")”

Eaton Corp plc incurred senior notes of $1,500.0 million with The Bank of New York Mellon Trust Company, N.A., as Trustee at 3.950% maturing March 6, 2029.

“3.950% notes due 2029 in the principal amount of $1,500.0 million (the " 2029 U.S. Notes ")”

Eaton Corp plc incurred senior notes of $1,500.0 million with The Bank of New York Mellon Trust Company, N.A., as Trustee at 3.850% maturing March 6, 2028.

“On March 6, 2026, Eaton Corp closed its sale of 3.850% notes due 2028 in the principal amount of $1,500.0 million (the " 2028 U.S. Notes ")”

Eaton Corp plc entered into Term Credit Agreement with Citibank, N.A. valued at $8,000,000,000 senior unsecured delayed draw term loan facility maturing December 31, 2026 (effective 2026-02-06).

“On February 6, 2026, Eaton Corporation entered into an $8,000,000,000 Term Credit Agreement (the “ Term Credit Agreement ”) with the Company, Eaton Capital, and certain other subsidiaries of the Company that become eligible borrowers (collectively, the “ Eligible Borrowers ”), certain subsidiaries of the Company as guarantors, certain banks party thereto as lenders, and Citibank, N.A., as administrative agent for the lenders.”

Eaton Corp plc amended Commitment Increase Agreement with Citibank, N.A. valued at Increase of aggregate commitments under Revolving Credit Agreement from $3,000,000,000 to $4,000,000 (effective 2026-02-06).

“On February 6, 2026, the parties to the Revolving Credit Agreement entered into a Commitment Increase Agreement (the “ Commitment Increase Agreement ”), pursuant to which the aggregate commitments under the Revolving Credit Agreement were increased from $3,000,000,000 to $4,000,000,000 (the “ Commitment Increase ”).”

Eaton Corp plc incurred term loan of $8,000,000,000 with Citibank, N.A. at ticking fee based on senior unsecured long-term debt rating maturing December 31, 2026.

“On February 6, 2026, Eaton Corporation entered into an $8,000,000,000 Term Credit Agreement (the “ Term Credit Agreement ”) with the Company, Eaton Capital, and certain other subsidiaries of the Company that become eligible borrowers (collectively, the “ Eligible Borrowers ”), certain subsidiaries of the Company as guarantors, certain banks party thereto as lenders, and Citibank, N.A., as administrative agent for the lenders.”

Eaton Corp plc amended revolving credit of increased from $3,000,000,000 to $4,000,000,000 with Citibank, N.A. at not specified maturing not amended.

“On February 6, 2026, the parties to the Revolving Credit Agreement entered into a Commitment Increase Agreement (the “ Commitment Increase Agreement ”), pursuant to which the aggregate commitments under the Revolving Credit Agreement were increased from $3,000,000,000 to $4,000,000,000 (the “ Commitment Increase ”).”

Andre Schulten was elected as Director at Eaton Corp plc.

“On October 22, 2024, the Board of Directors (the “Board”) of Eaton Corporation plc (the “Company”) increased its size from eleven to twelve members and elected Andre Schulten to fill the resulting vacancy, effective immediately.”

Craig Arnold departed as Chief Executive Officer at Eaton Corp plc.

“On August 12, 2024 it was announced that Mr. Ruiz will succeed Mr. Arnold as Chief Executive Officer of Eaton on June 1, 2025 after Mr. Arnold reaches mandatory retirement age.”

Paulo Ruiz changed role as Chief Executive Officer at Eaton Corp plc.

“On August 12, 2024 it was announced that Mr. Ruiz will succeed Mr. Arnold as Chief Executive Officer of Eaton on June 1, 2025 after Mr. Arnold reaches mandatory retirement age.”

Paulo Ruiz was appointed as President and Chief Operating Officer at Eaton Corp plc.

“Mr. Ruiz was also appointed President and Chief Operating Officer of Eaton Corporation, a subsidiary of the Company (“Eaton”), effective the same date.”

Paulo Ruiz was elected as Director at Eaton Corp plc.

“the Board of Directors of Eaton Corporation plc (the “Company”) expanded its size to eleven members and elected Paulo Ruiz to the Board, effective September 2, 2024.”

Karenann Terrell was elected as director at Eaton Corp plc.

“On July 24, 2024, the Board of Directors (the “Board”) of Eaton Corporation plc (the “Company”) increased its size from nine to ten members and elected Karenann Terrell to fill the resulting vacancy, effective immediately.”

Eaton Corp plc reported the quarter ended March 31, 2024 results: revenue $5.9 billion, EPS $2.04. Guidance raised.

“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”

Eaton Corp plc shareholders approved Authorization to the Company and/or any subsidiary of the Company to make overseas market purchases of Company shares at the 2024-04-24 meeting.

“For Against Abstain 351,765,272 7,308,622 1,828,162 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto”

Eaton Corp plc shareholders approved Grant of Board authority to opt-out of pre-emption rights under Irish law at the 2024-04-24 meeting.

“Item 5 - Grant of Board authority to opt-out of pre-emption rights under Irish law.”

Eaton Corp plc shareholders approved Grant of Board authority to issue shares under Irish law at the 2024-04-24 meeting.

“Item 4 – Grant of Board authority to issue shares under Irish law.”

Eaton Corp plc shareholders approved Advisory approval of the Company's executive compensation (Say on Pay Vote) at the 2024-04-24 meeting.

“Item 3 – Advisory approval of the Company’s executive compensation (“Say on Pay Vote”).”

Eaton Corp plc shareholders approved Appointment of Ernst & Young LLP as independent auditor for 2024 and authorizing the Audit Committee of the Board of Directors to set its remuneration at the 2024-04-24 meeting.

“Item 2 – Appointment of Ernst & Young LLP as independent auditor for 2024 and authorizing the Audit Committee of the Board of Directors to set its remuneration.”

Eaton Corp plc shareholders approved Election of the nine director nominees named in the proxy statement at the 2024-04-24 meeting.

“Each of the following individuals was elected as a director, based on the voting results shown below, to serve until the 2025 Annual General Meeting of Shareholders or until his or her successor is duly elected and qualified:”

Adam A. Wadecki was appointed as Senior Vice President and Controller at Eaton Corp plc.

“On April 22, 2024, Eaton announced that Adam A. Wadecki, age 40, will succeed Mr. Hopgood in that role and as the registrant’s principal accounting officer.”

Daniel R. Hopgood resigned as Senior Vice President and Controller at Eaton Corp plc.

“On April 18, 2024, Daniel R. Hopgood, Senior Vice President and Controller, notified the Company of his intent to resign from his position, effective May 10, 2024, in order to pursue another opportunity.”

Eaton Corp plc reported the first quarter of 2024 results: EPS $2.21 and $2.31. Guidance initiated.

“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”

Eaton Corp plc reported the full year 2024 results: EPS $9.95 and $10.35. Guidance initiated.

“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”

Eaton Corp plc reported for the full year 2023 results: revenue $23.2 billion, EPS $8.02.

“For the full year 2023, sales were a record $23.2 billion”

Eaton Corp plc reported the quarter ended December 31, 2023 results: revenue $6.0 billion, EPS $2.35.

“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”

Olivier Leonetti resigned as Director at Eaton Corp plc.

“Mr. Leonetti, 59, has served on Eaton’s Board of Directors since 2019 and, on January 17, 2024 tendered his resignation, effective February 2 , 2024”

Olivier Leonetti was appointed as Executive Vice President and Chief Financial Officer at Eaton Corp plc.

“Olivier Leonetti will succeed Mr. Okray as Executive Vice President and Chief Financial Officer on February 5, 2024.”

Thomas B. Okray departed as Executive Vice President and Chief Financial Officer at Eaton Corp plc.

“On January 11, 2024 , Eaton Corporation (the “Company”) and Thomas B. Okray, Executive Vice President and Chief Financial Officer mutually agreed that effective February 2, 2024, Mr. Okray’s employment with the Company will end.”

Eaton Corp plc reported the quarter ended September 30, 2023 results: revenue $5.9 billion, EPS $2.22. Guidance raised.

“related to a multi-year restructuring program, adjusted earnings per share of $2.47 were a quarterly record and up 22% over the third quarter of 2022. Sales in the quarter were $5.9 billion, a quarterly record and up 11% from the third quarter of 2022. Organic sales were up 9%, and positive currency translation added 2%. Segment margins were 23.6%, a quarterly”

Eaton Corp plc reported quarter ended June 30, 2023 results: revenue $5.9 billion, EPS $1.86. Guidance raised.

“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”

Eaton Corp plc reported for the quarter ended March 31, 2023 results: revenue $5.5 billion, EPS $1.59. Guidance raised.

“to a multi-year restructuring program, adjusted earnings per share of $1.88 were a first quarter record and up 16% over the first quarter of 2022. Sales in the quarter were $5.5 billion, up 13% from the first quarter of 2022. Organic sales were up 15%, which was partially offset by 2% from negative currency translation. Segment margins were 19.7%, a first”

Eaton Corp plc shareholders approved Authorization to the Company and or any subsidiary of the Company to make overseas market purchases of Company shares. at the 2023-04-26 meeting.

“Item 7 – Authorization to the Company and or any subsidiary of the Company to make overseas market purchases of Company shares. For Against Abstain 349,470,712 6,562,210 1,644,459”

Eaton Corp plc shareholders approved Grant of Board authority to opt-out of pre-emption rights under Irish law. at the 2023-04-26 meeting.

“Item 6 - Grant of Board authority to opt-out of pre-emption rights under Irish law. For Against Abstain 346,388,965 9,803,439 1,484,977”

Eaton Corp plc shareholders approved Grant of Board authority to issue shares under Irish law. at the 2023-04-26 meeting.

“Item 5 – Grant of Board authority to issue shares under Irish law. For Against Abstain 347,954,616 8,712,125 1,010,640”

Eaton Corp plc shareholders approved Advisory recommendation of whether a shareholder vote to approve the compensation of our named executive officers should be held every one, two or three years ("Say on Frequency Vote"). at the 2023-04-26 meeting.

“Item 4 – Advisory recommendation of whether a shareholder vote to approve the compensation of our named executive officers should be held every one, two or three years (“Say on Frequency Vote”). One Year Two Years Three Years Abstain Broker Non-Votes 313,306,267 907,591 4,746,417 894,413 37,822,693”

Eaton Corp plc shareholders approved Advisory approval of the Company’s executive compensation ("Say on Pay Vote"). at the 2023-04-26 meeting.

“Item 3 – Advisory approval of the Company’s executive compensation (“Say on Pay Vote”). For Against Abstain Broker Non-Votes 295,370,492 22,022,248 2,461,948 37,822,693”

Eaton Corp plc shareholders approved Appointment of Ernst & Young LLP as independent auditor for 2023 and authorizing the Audit Committee of the Board of Directors to set its remuneration. at the 2023-04-26 meeting.

“Item 2 – Appointment of Ernst & Young LLP as independent auditor for 2023 and authorizing the Audit Committee of the Board of Directors to set its remuneration. For Against Abstain 340,480,228 16,340,904 856,249”

Eaton Corp plc shareholders approved Electing the ten director nominees named in the proxy statement. at the 2023-04-26 meeting.

“Item 1 – Electing the ten director nominees named in the proxy statement. Each of the following individuals was elected as a director, based on the voting results shown below, to serve until the 2024 Annual General Meeting of Shareholders or until his or her successor is duly elected and qualified: Director For Against Abstain Broker Non- Votes Craig Arnold 298,886,864 19,825,658 1,142,166 37,822,693 Olivier Leonetti 317,302,134 1,836,763 715,791 37,822,693 Silvio Napoli 314,313,507 4,798,244 742,937 37,822,693 Gregory R. Page 287,041,629 31,532,145 1,280,914 37,822,693 Sandra Pianalto 317,284,837 1,847,154 722,697 37,822,693 Robert V. Pragada 313,667,975 5,445,543 741,170 37,822,693 Lori J. Ryerkerk 309,570,014 9,607,173 677,501 37,822,693 Gerald B. Smith 309,143,703 9,949,455 761,530 37,822,693 Dorothy C. Thompson 313,093,719 6,072,012 688,957 37,822,693 Darryl L. Wilson 313,067,557 6,065,627 721,504 37,822,693”

Eaton Corp plc reported full year 2023 results: EPS adjusted earnings per share to be between $8.04 and $8.44. Guidance raised.

“For the full year 2023, the company expects organic growth of 7-9% and adjusted earnings per share to be between $8.04 and $8.44, up 9% at the midpoint over 2022.”

Eaton Corp plc reported full year 2022 results: revenue For the full year 2022, sales were $20.8 billion, EPS Earnings per share for 2022 were $6.14. ... adjusted earnings per share were $7.57.

“Earnings per share for 2022 were $6.14. Excluding charges of $0.99 per share related to intangible amortization, $0.37 per share related to acquisitions and divestitures, and $0.07 per share related to a multi-year restructuring program, adjusted earnings per share were $7.57”

Eaton Corp plc reported quarter ended December 31, 2022 results: revenue Sales in the fourth quarter of 2022 were $5.4 billion, EPS earnings per share were $1.80 for the fourth quarter of 2022.

“Eaton Corporation plc (NYSE:ETN) today announced that earnings per share were $1.80 for the fourth quarter of 2022.”

Brian Brickhouse retired as President-Americas Region, Electrical Sector at Eaton Corp plc.

“On January 10, 2023, Brian Brickhouse, President-Americas Region, Electrical Sector, announced his intention to retire from Eaton on March 31, 2023, after 37 years of service.”

Eaton Corp plc reported the third quarter of 2022 results: revenue $5.3 billion, EPS $1.52. Guidance reaffirmed.

“restructuring program, adjusted earnings per share of $2.02 were a quarterly record and up 15% over the third quarter of 2021. Sales in the third quarter of 2022 were $5.3 billion, up 8% from the third quarter of 2021. Organic sales were up 15% and acquisitions added 1%, which was partially offset by 4% from the divestiture of the Hydraulics business and”

Deborah L. McCoy departed as Director at Eaton Corp plc.

“On October 25, 2022, Deborah L. McCoy informed the Chairman of the Board of Directors of her intention not to stand for reelection at the 2023 Annual General Meeting.”

Christopher M. Connor resigned as Director at Eaton Corp plc.

“On July 27, 2022, Christopher M. Connor informed the Chairman of the Board of Directors of his intention to resign from the Board, effective August 31, 2022, due to his other personal, charitable and professional commitments.”

Paulo Ruiz was appointed as President and Chief Operating Officer – Industrial Sector at Eaton Corp plc.

“Paulo Ruiz will be appointed President and Chief Operating Officer – Industrial Sector, effective July 5, 2022.”