Eaton delivered a robust Q1 2025, achieving record sales, net income, and adjusted EPS. Organic sales grew by 9%, exceeding expectations, and segment margins reached a first-quarter high of 23.9%.
Eaton reported a record fourth quarter in 2024, with earnings per share of $2.45 and adjusted earnings per share of $2.83. Sales reached $6.2 billion, up 5% from the previous year, and segment margins hit a record 24.7%. The company also issued guidance for 2025, projecting continued growth.
Eaton reported a record third quarter with earnings per share of $2.53, up 14% over 2023, and adjusted earnings per share of $2.84, up 15% over 2023. Sales reached $6.3 billion, an 8% increase driven by organic sales growth. The company raised its full-year 2024 segment margin, earnings per share, and adjusted earnings per share guidance.
Eaton reported a record second quarter in 2024, with earnings per share of $2.48, up 33% over 2023, and adjusted earnings per share of $2.73, up 24% over 2023. Sales were $6.4 billion, up 8% from the second quarter of 2023. The company raised its full year 2024 guidance for organic sales, segment margin, earnings per share, adjusted earnings per share and cash flow.
Eaton Corporation reported a strong first quarter in 2024, with record earnings per share and adjusted earnings per share, both up 28% over 2023. Sales reached a first quarter record of $5.9 billion, up 8% year-over-year, driven by organic sales growth. The company raised its full year 2024 guidance for organic sales, segment margin, earnings per share, and adjusted earnings per share.
Eaton Corporation reported record fourth-quarter results, with adjusted earnings per share of $2.55, up 24% over 2022. Sales reached a record $6.0 billion, driven by 10% organic sales growth. The company issued guidance for 2024, projecting adjusted earnings per share between $9.95 and $10.35.
Eaton Corporation reported record quarterly sales of $5.9 billion, up 11% from the third quarter of 2022, with 9% organic sales growth. The company's adjusted earnings per share were $2.47, a 22% increase over the prior year. Operating cash flow was a third quarter record at $1.1 billion, and free cash flow was $913 million, up 18% and 10%, respectively, over the same period in 2022.
Eaton reported record second-quarter earnings per share of $1.86 and record quarterly adjusted earnings per share of $2.21, up 18% over 2022. Sales for the quarter were $5.9 billion, up 13% from the second quarter of 2022, driven entirely by organic sales growth. The company raised its full year adjusted earnings per share guidance to between $8.65 and $8.85.
Eaton Corporation reported a strong first quarter in 2023, with record earnings per share of $1.59 and adjusted earnings per share of $1.88, up 16% over the first quarter of 2022. Sales were $5.5 billion, up 13% from the first quarter of 2022, with 15% organic sales growth.
Eaton Corporation reported a strong fourth quarter in 2022, with sales up 12% to $5.4 billion and adjusted earnings per share of $2.06, a quarterly record and up 20% over the fourth quarter of 2021. The company also provided guidance for 2023, expecting adjusted earnings per share to be between $8.04 and $8.44.
Eaton reported a strong third quarter with record adjusted earnings per share of $2.02, up 15% over 2021, and record quarterly segment margins of 21.2%. Organic sales grew by 15%, and the company reaffirmed its full-year adjusted EPS guidance midpoint of $7.56.
Eaton Corporation reported flat sales of $5.2 billion compared to Q2 2021, with organic sales up 11%. The adjusted earnings per share were $1.87, a quarterly record and up 9% over the second quarter of 2021. The company is raising its full year organic growth and adjusted earnings per share guidance.
Eaton Corporation reported a record first quarter in 2022, with earnings per share at $1.33 and adjusted earnings per share at $1.62, a 13% increase over 2021. Sales reached $4.8 billion, reflecting 10% organic sales growth and contributions from acquisitions. The company raised its full-year 2022 organic sales and adjusted earnings per share guidance due to strong demand and backlog.
Eaton Corporation reported Q4 2021 sales of $4.8 billion, up 2% from Q4 2020. Earnings per share were $1.37, and adjusted earnings per share were $1.72, up 19% over Q4 2020. The company delivered record fourth quarter segment margins of 19.3%.
Eaton Corporation plc reported earnings per share of $1.57 for the third quarter of 2021. Adjusted earnings per share were an all-time record of $1.75, up 30% over the third quarter of 2020. Sales in the third quarter of 2021 were $4.9 billion, up 9% from the third quarter of 2020.
Eaton Corporation reported strong second-quarter results, with sales of $5.2 billion, up 35% from the second quarter of 2020. Adjusted earnings per share were a record $1.72, up 98% over the second quarter of 2020. The company is raising its adjusted earnings per share guidance for 2021 to $6.73 at the midpoint, up 37% over 2020, and raising full-year 2021 operating cash flow by $200 million above previous guidance at the midpoint.
Eaton reported a strong first quarter with adjusted earnings per share of $1.44, up 15% from the first quarter of 2020. Sales were $4.7 billion, down 2% from the previous year, but organic sales were well above guidance. The company raised its full-year adjusted earnings per share guidance to $6.10 at the midpoint.
Eaton Corporation reported a stronger than expected fourth quarter with organic sales down 5 percent and adjusted earnings per share of $1.28. The company generated strong cash flow, with operating cash flow totaling $943 million and free cash flow totaling $845 million.
Eaton Corporation reported earnings per share of $1.11 and adjusted earnings per share of $1.18 for the third quarter of 2020. Sales for the quarter reached $4.5 billion. The company reaffirmed the midpoint and narrowed its full-year free cash flow guidance to between $2.4 billion and $2.6 billion.
Eaton Corporation reported earnings per share of $0.13 and adjusted earnings per share of $0.70 for the second quarter of 2020. Sales were $3.9 billion, a 30% decrease compared to the second quarter of 2019. The company is implementing a multi-year restructuring program to address market weakness, with expected mature year benefits of $200 million by 2023.
Eaton Corporation reported earnings per share of $1.07 for the first quarter of 2020, with adjusted earnings per share at $1.09, which included a $0.14 reduction due to the impact of COVID-19. Sales were $4.8 billion, a 10% decrease from the previous year, with organic sales down 7%. The company completed the sale of its Lighting business for $1.4 billion and expects to finalize the Hydraulics business sale for $3.3 billion by the end of 2020. Full-year free cash flow is projected to be between $2.3 billion and $2.7 billion.
Eaton Corporation reported Q4 2019 earnings per share of $1.09, or $1.46 excluding acquisition, divestiture, and vehicle warranty costs. Sales were $5.2 billion, down 4% from Q4 2018. The company's adjusted EPS was at the high end of guidance, and segment margins improved.