Eaton Corporation, PLC
387.75+11.74 (+3.12%)
Oct 29, 4:00:02 PM EDT · NYSE · ETN · USD
Key Stats
Market Cap
150.95BP/E (TTM)
39.05Basic EPS (TTM)
9.93Dividend Yield
0.01%Recent Filings
8-K
Eaton upsizes $3B credit facility
Eaton Corporation entered a $3 billion revolving credit agreement on September 29, 2025, boosting capacity from $2.5 billion while terminating its prior five-year facility and a $500 million 364-day agreement with no outstanding loans. This upsized setup, led by Citibank as agent, enhances liquidity for general corporate needs amid steady credit ratings. Yet, it ties fees to ratings, from 5 to 12.5 basis points quarterly. Flexibility reigns.
8-K
Eaton's record Q2 earnings
Eaton Corporation plc reported record Q2 2025 results on August 5, with sales hitting $7.0 billion, up 11% from 2024, driven by 8% organic growth and acquisitions. Adjusted EPS reached $2.95, up 8%, while segment margins hit 23.9%; Electrical Americas surged 16% on data center demand, Aerospace 13% on orders up 10%. Backlogs swelled 15-17%, fueling momentum. Full-year adjusted EPS guidance: $11.97-$12.17, up 12% midpoint. Restructuring drags persist through 2026.
10-Q
Q2 FY2025 results
Eaton's Q2 sales climbed 11% year-over-year to $7.0B, fueled by 8% organic growth in data centers and aerospace aftermarket, while acquisitions like Fibrebond added 2%. Gross margin dipped to 37.0% from 38.0% amid inflation and mix shifts, yet operating profit held steady at $1.2B with EPS up 1% to $2.51. The $1.45B Fibrebond deal, closed April 1 for cash, recognized $572M goodwill and $709M intangibles, bolstering Electrical Americas with $144M sales since. Cash fell to $398M after $1.2B share repurchases, but $3.0B revolver availability supports liquidity. Free cash flow stood at $807M YTD (derived). Vehicle sales dropped 8% on truck weakness. Restructuring drags on eMobility margins.
8-K
Eaton elects GM veteran to board
Eaton Corporation elected Gerald Johnson, retired Executive Vice President of Global Manufacturing and Sustainability at General Motors, to its Board of Directors on July 23, 2025, expanding the board to twelve members. Johnson joins the Audit and Governance Committees, bringing over 40 years of manufacturing, operations, and sustainability expertise to support Eaton's growth strategy in electrification and digitalization. He receives a pro rata $127,500 RSU grant on August 7, 2025. This addition bolsters operational excellence amid Eaton's push for sustainable power management.
8-K
Eaton HR exec departs
Eaton Corporation announced on July 21, 2025, that Executive Vice President and Chief Human Resources Officer Ernest Marshall will depart effective September 30, 2025. He secured a separation agreement entitling him to 1.5 times his salary plus target incentive, pro-rated awards, and continued vesting of equity. This leadership shift could disrupt HR initiatives amid Eaton's ongoing operations.
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