Eaton earnings date
Eaton's next results are expected on November 3, 2026. Watch whether Eaton turns demand into delivered sales and profitable output.
What has Eaton guided for 2026?
Management guides to 11.0%–13.0% organic growth for 2026. It guides to $13.40–$13.60 adjusted EPS. Full-year segment-margin guidance is 24.1%–24.5%. Free-cash-flow guidance is $3,900–$4,300 million. Management guides to zero share repurchases for 2026.
| Period guided | Low | High | Date given | |
|---|---|---|---|---|
| Organic growth (%) — full year | Year to Dec 2026 | 11.0% | 13.0% | Jul 31, 2026 |
| Segment margins (%) — full year | Year to Dec 2026 | 24.1% | 24.5% | Jul 31, 2026 |
| Adjusted earnings per share — full year | Year to Dec 2026 | 13.40 | 13.60 | Jul 31, 2026 |
| Free Cash Flow | Year to Dec 2026 | 3,900 | 4,300 | May 5, 2026 |
| Share Repurchases | Year to Dec 2026 | 0 | 0 | May 5, 2026 |
What this means. Adjusted earnings per share is higher because it leaves out certain costs that are included in regular earnings per share.
Did Eaton keep its past promises?
Annual incentives use adjusted earnings per share and adjusted operating cash flow. Adjusted EPS measures profit per share after selected exclusions. Operating cash flow asks whether the business actually brings in cash after operating costs. Eaton forecast adjusted EPS between $11.80 and $12.20 for 2025. It delivered $12.07.
Eaton forecast adjusted operating cash flow of $4,800 million but delivered $4,472 million. Its future depends on turning acquisitions, factories and ambitious growth promises into recurring cash, not merely attractive accounting results.
What has Eaton's last eight quarters shown?
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,531 | 7,451 | 7,055 | 6,988 | 7,028 | 6,377 | 6,240 | 6,345 |
| Gross margin | 33.5% | 35.6% | 36.8% | 38.3% | 37.0% | 38.4% | 38.9% | 38.6% |
| Operating income | 1,392 | 1,172 | 1,386 | 1,367 | 1,256 | 1,201 | 1,225 | 1,211 |
| Net income | 821 | 866 | 1,132 | 1,010 | 982 | 964 | 971 | 1,009 |
| EPS, diluted | 2.11 | 2.22 | 2.91 | 2.59 | 2.51 | 2.45 | 2.45 | 2.53 |
What this means. Eaton does not publish one combined operating income number, so we calculated it from sales and the listed business costs.
What should you watch in Eaton's next results?
The November results should show whether Eaton met the higher growth bar and approached the $3.53 analyst EPS expectation. Investors should read orders beside shipments and margins: demand matters less if factory delays prevent revenue or costly production prevents profit. The full-year report must then show whether the required second-half cash arrived.
Eaton’s future therefore rests on a simple chain: deliver the equipment, collect the cash, make the new capacity profitable and use the cash to reduce the debt that made expansion possible.