Eaton — May 2, 2025 release

As we look ahead, we’re confident, even amid broader macroeconomic volatility, we're prepared to meet that demand with a proven strategy to invest in our businesses, drive operational excellence and continue our path of growth." Guidance For the full year 2025, the company anticipates: • Organic growth of 7.5-9.5% • Segment margins of 24.0-24.4% • Earnings per share between $10.29 and $10.69, up 10% at the midpoint over the prior year • Adjusted earnings per share between $11.80 and $12.20, up 11% at the midpoint over the prior year For the second quarter of 2025, the company anticipates: • Organic growth of 6-8% • Segment margins of 23.5-23.9% • Earnings per share between $2.35 and $2.45 • Adjusted earnings per share between $2.85 and $2.95 Business Segment Results Sales for the Electrical Americas segment were a record $3.0 billion, up 12% from the first quarter of 2024. Organic sales were up 13%, which was partially offset by 1% from negative currency translation. Operating profits were a first quarter record $904 million, up 15% over the first quarter of 2024. Operating margins were a first quarter record 30.0%, up 80 basis points over the first quarter of 2024. The twelve-month rolling average of orders in the first quarter was down 4% organically and up 4% on a rolling 12-month basis, excluding one large multi-year data center order in the first quarter of 2024. Backlog at the end of March remained strong, up 6% organically over March 2024. Sales for the Electrical Global segment were