Highest-materiality recent filing
Eaton to spin off Mobility Group and merge with Dana in $5.1B Reverse Morris Trust deal
Eaton to separate Mobility Group and combine with Dana in Reverse Morris Trust transaction valued at ~$5.1B; combined company enterprise value >$10B.
Eaton Q1 beats: Record sales $7.5B, adj EPS $2.81; FY organic growth guidance raised to 10%
Quarterly sales $7.5B (+17% YoY); organic growth 10% above guidance; adj EPS $2.81 record; GAAP EPS $2.22.
Eaton closes $8.5B U.S. and €1.2B Euro note issuance; ends $8B term loan
Issued $8.5B U.S. notes in six tranches (3.850%-5.450%), maturities 2028-2056; net proceeds ~$8,436.5M.
Eaton appoints David Foster as EVP and CFO effective March 2, 2026
David Foster named CFO, succeeding Olivier Leonetti who departs March 13, 2026.
Eaton Q4 record adj. EPS $3.33, revenue $7.1B; guides FY2026 adj. EPS $13.00-$13.50
Record Q4 adj. EPS $3.33 (+18% YoY), GAAP EPS $2.91 (+19%); revenue $7.1B (+13%).
Eaton to spin off Mobility Group into independent public company by Q1 2027
Spin-off of Vehicle and eMobility segments as standalone publicly traded company.
Eaton CFO Olivier Leonetti to depart April 1, 2026; search underway
Olivier Leonetti, EVP and CFO, will leave Eaton on April 1, 2026, as part of a planned transition.
Eaton reports record Q3 2025 adjusted EPS of $3.07, sales up 10% to $7.0B
Record segment margins of 25.0%, up 70 bps YoY; operating cash flow of $1.4B.
Eaton posts record Q2 adjusted EPS $2.95, sales $7.0B; raises FY2025 guidance
Q2 GAAP EPS $2.51 (record, +1% YoY); adjusted EPS $2.95 (record, +8% YoY).
Eaton issues €500M 3.625% notes due 2035 and $500M 4.450% notes due 2030
Eaton Capital closed sale of €500M 3.625% senior notes due 2035 and $500M 4.450% senior notes due 2030.
Eaton Q1 record EPS $2.45 (+20%); raises FY organic growth guidance to 7.5-9.5%
GAAP EPS $2.45 (20% YoY), adjusted EPS $2.72 (13% YoY); revenue $6.4B record, +7% YoY.
Eaton reports record Q4 2024 results with adjusted EPS $2.83, up 11%, and issues 2025 guidance
Q4 2024 adjusted EPS $2.83, record, up 11% YoY; GAAP EPS $2.45, up 4% YoY
Eaton Q3 adjusted EPS $2.84 (+15% YoY); record revenue; raises FY guidance
Record Q3 revenue $6.3B (+8% organic); segment margins 24.3%, up 70 bps YoY.
Eaton names Paulo Ruiz President/COO, to succeed Arnold as CEO June 2025
Ruiz appointed President/COO effective Sept 2, 2024, and elected to the board.
Eaton reports record Q2 EPS $2.48 (adj $2.73); raises FY organic, margin, EPS guidance
EPS $2.48 (+33% YoY); adjusted EPS $2.73 (+24% YoY); revenue $6.4B (+8%, organic +9%).
Eaton Q1 2024: record EPS $2.04, adj. $2.40, segment margin 23.1%, raises FY outlook
Q1 EPS $2.04, adjusted EPS $2.40, both up 28% YoY; revenue $5.9B record, +8% organic.
Eaton reports record Q4 adjusted EPS $2.55, up 24% YoY; guides FY24 adj EPS $9.95-$10.35
Q4 sales $6.0B (record, +11% YoY); segment margins 22.8% record (+200 bps); operating cash flow $1.3B record.
Eaton appoints Olivier Leonetti as CFO; expects strong Q4 and FY2023 results
CFO Thomas Okray to depart Feb 2, 2024 for personal reasons; no severance, forfeits unvested equity.
Eaton posts record Q3: adj EPS $2.47, sales $5.9B; raises FY guidance
Record adj EPS $2.47 (+22% YoY); revenue $5.9B (+11%, organic +9%); segment margins 23.6% (+240 bps).
Eaton Q2 2023: Adj EPS $2.21, records; raises FY guidance to $8.75 midpoint
Record Q2 adj EPS $2.21 (+18% YoY); GAAP EPS $1.86. Sales $5.9B (+13% organic, also a record).
Eaton posts record Q1 adjusted EPS $1.88 (+16% YoY), raises FY2023 guidance
Record Q1 adjusted EPS $1.88, up 16% YoY; GAAP EPS $1.59. Sales $5.5B, organic +15%.
Eaton reports record Q4 adjusted EPS $2.06, up 20% YoY; guides 2023 EPS $8.04-$8.44
Q4 sales $5.4B (+12%); organic +15%; record segment margins 20.8% (up 150 bps).
Eaton reports record Q3 adjusted EPS of $2.02, up 15% YoY; segment margins 21.2%
Adjusted EPS $2.02 (record) vs $1.76 in Q3 2021; GAAP EPS $1.52.
Eaton Q2 record adj. EPS $1.87 (+9% YoY); raises FY organic growth and EPS guidance
Record quarterly adj. EPS of $1.87, up 9% YoY; GAAP EPS $1.50.
Eaton posts record Q1 adj EPS $1.62 (+13% YoY); raises FY organic growth & EPS guidance
Q1 GAAP EPS $1.33; adjusted EPS $1.62, up 13% YoY on record segment margins of 18.8% (+110 bps).
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.
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.
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.
Mr. Ruiz was also appointed President and Chief Operating Officer of Eaton Corporation, a subsidiary of the Company (“Eaton”), effective the same date.
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.
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.
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.
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.
Olivier Leonetti will succeed Mr. Okray as Executive Vice President and Chief Financial Officer on February 5, 2024.
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
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.
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.
Max materiality 0.95 · Median 0.57 · Most common event earnings