Eaton Corp plc 8K

Eaton Corporation plc reported record Q2 2026 financial results, raised full-year guidance, and advanced a planned separation of its Mobility business via a Reverse Morris Trust transaction with Dana Incorporated.

Eaton Corporation plc reported record second quarter 2026 results, highlighted by 21% year-over-year sales growth to $8.5 billion (14% organic), record adjusted earnings per share of $3.15, strong orders and backlog across its Electrical and Aerospace segments, and robust free cash flow, while also raising its full-year 2026 organic growth and adjusted EPS guidance. The company detailed significant acquisition activity, including the $9.55 billion purchase of Boyd Thermal and the $1.53 billion acquisition of Ultra PCS, and noted restructuring charges as part of an ongoing multi-year optimization program. Eaton further advanced its portfolio transformation by entering into definitive agreements with Dana Incorporated to separate and combine its Mobility business through a Reverse Morris Trust transaction expected to close in the first quarter of 2027, with Eaton shareholders expected to own at least 50.1% of the combined company and Eaton to receive approximately $1.1 billion in cash proceeds prior to closing.

Filing Facts

CIK

1551182

Ticker

-

Form

8K

Source Type

sec

Accession

0001551182-26-000027

Alert Tier

8