Eaton — Jul 31, 2026 release

This action represents the next step in Eaton’s ongoing portfolio transformation—further focusing the company on higher‑growth, higher‑margin Electrical and Aerospace businesses while positioning the company to drive long‑term value creation. Guidance For the full year 2026, the company anticipates: • Organic growth of 11-13% • Segment margins of 24.1-24.5% • Earnings per share between $10.36 and $10.56 • Adjusted earnings per share between $13.40 and $13.60 For the third quarter of 2026, the company anticipates: • Organic growth of 13.5-15.5% • Segment margins of 24.6-25.0% • Earnings per share between $2.77 and $2.87 • Adjusted earnings per share between $3.46 and $3.56 Business Segment Results Sales for the Electrical Americas segment were a record $4.0 billion, up 18% organically from the second quarter of 2025. Operating profits were a record $1.1 billion, up 10% over the second quarter of 2025, and operating margins in the quarter were 27.5%, up 190 basis points sequentially. The twelve-month rolling average of orders in the second quarter was up 41% organically. Total backlog at the end of June remained strong and was up 33% over June 2025. Sales for the Electrical Global segment were a record $2.5 billion, up 44% from the second quarter of 2025. The sales increase consisted of 18% growth in organic sales, 25% contribution from Boyd Thermal in its first full quarter post-acquisition, and 1% growth from foreign exchange. Operating profits were a record $499 million, up 41% over the second quarter of 2025. Operating margins in the quarter were 19.8%, up 60 basis points seque