Eaton Corporation plc reported record fourth-quarter and full-year 2025 results, citing accelerating orders, strong backlog growth, and expanding margins, and issued an upbeat outlook for 2026.

Fourth-quarter 2025 sales rose 13% year over year to a record $7.1 billion, driven by 9% organic growth, while segment margins reached a record 24.9%. Earnings per share increased 19% to a fourth-quarter record of $2.91, with adjusted EPS of $3.33 also setting a record. Electrical Americas orders accelerated, supported by data center demand, while aerospace orders and backlog posted double-digit growth.

For full-year 2025, Eaton delivered record sales of $27.4 billion, up 10%, with 8% organic growth. EPS rose 10% to a record $10.45, while adjusted EPS increased 12% to $12.07. The company also generated record operating and free cash flow for the year.

Looking ahead, Eaton guided for full-year 2026 EPS of $11.57–$12.07 and adjusted EPS of $13.00–$13.50, supported by expected organic growth of 7–9% and continued strength across electrical, aerospace, and infrastructure-related markets.

Source: Eaton Corporation plc press release