Eaton Corporation

Eaton Corporation plc stands as a global leader in intelligent power management, delivering innovative solutions that help customers around the world manage electrical, hydraulic, and mechanical power more efficiently, safely, and sustainably. With origins dating back to 1911, Eaton has evolved from a truck axle manufacturer into a diversified industrial powerhouse serving customers in more than 160 countries. The company is domiciled in Ireland with operational headquarters in Beachwood, Ohio, and operates through two primary sectors: Electrical and Aerospace, with additional focus on eMobility, Vehicle, and Hydraulics divisions.

Eaton generated record revenues of $24.9 billion in 2024, representing 7% growth year-over-year, with a workforce of approximately 97,000-98,000 employees operating across manufacturing facilities, research centers, and service locations worldwide. The company's comprehensive portfolio spans circuit breakers, switchgear, uninterruptible power supply (UPS) systems, aerospace fuel and hydraulic systems, eMobility components including electric vehicle charging and power conversion systems, and industrial hydraulics. These products are essential infrastructure for data centers, electric utilities, commercial buildings, industrial facilities, aircraft, and vehicles across the globe.

Eaton has positioned itself at the forefront of global megatrends including electrification, energy transition, and digitalization. The company has made strategic investments exceeding $500 million in North American manufacturing capacity and executed targeted acquisitions to strengthen its position in high-growth markets. Recent acquisitions include Resilient Power Systems (completed August 2025) for electric vehicle DC power solutions, Fibrebond Corporation (announced 2025) for $1.4 billion to expand into multi-tenant data center markets, and Ultra PCS Limited for aerospace market expansion. These moves demonstrate Eaton's commitment to leading the transition to sustainable energy infrastructure.

As a publicly traded company on the New York Stock Exchange (NYSE: ETN) since its 2012 reincorporation as Eaton Corporation plc following the $13 billion acquisition of Cooper Industries, the company has delivered consistent financial performance with 2024 segment margins reaching a record 24.0%, adjusted earnings per share of $10.80 (up 18% over 2023), and operating cash flow supporting both strategic growth investments and shareholder returns. Under new leadership with Paulo Ruiz assuming the CEO role on June 1, 2025, succeeding Craig Arnold, Eaton continues to advance its strategy of intelligent power management innovation across electrical systems, aerospace, and emerging technologies that enable a more sustainable and electrified future.