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Eaton Reports Record Third Quarter 2026 Results, with Strong Organic Growth, Accelerating Record Orders and Backlog; Raises Organic Growth Guidance

Business Wire•03/11/2026•06:30 ET
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Key Highlights

  • ➤Q3 sales $8.9B, up 28%, with organic growth of 19%
  • ➤Adjusted EPS $3.68, a record, versus $2.77 GAAP EPS
  • ➤Full-year 2026 organic growth guidance raised to 13%-15%
  • ➤Electrical Global orders up 51% organically; backlog increased 121%
  • ➤Eaton agreed to acquire COL Group, expanding European power distribution capacity

Expert Statements

Paulo Ruiz, Chief executive officer of Eaton

“Our strong third quarter performance reflects the focus and discipline our teams have demonstrated all year as we expand capacity, strengthen execution and position the business to meet accelerating customer demand. We delivered organic growth and segment margins above the high end of our guidance, driven by strong demand across our markets and continued momentum across our Electrical businesses. Record orders grew sequentially, backlog continued to expand, and we remain well-positioned to help customers deliver on their critical power infrastructure investments. These results reinforce our confidence in the remainder of the year.”

Eaton Reports Record Third Quarter 2026 Results, with Strong Organic Growth, Accelerating Record Orders and Backlog; Raises Organic Growth Guidance

* Third quarter sales increased 28%, with organic sales growth of 19%, above the high end of guidance

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