Q1 25 EPS
$2.72
BEAT +0.55%
Est. $2.71
Q1 25 Revenue
$6.38B
BEAT +2.02%
Est. $6.25B
vs S&P Since Q1 25
+4.8%
BEATING MARKET
ETN +36.2% vs S&P +31.4%
Market Reaction
Did ETN Beat Earnings? Q1 2025 Results
Eaton Corporation kicked off 2025 on a strong note, posting first-quarter results that beat Wall Street expectations on both revenue and earnings, with accelerating organic growth as the clearest headline. The power management company reported adjust… Read more Eaton Corporation kicked off 2025 on a strong note, posting first-quarter results that beat Wall Street expectations on both revenue and earnings, with accelerating organic growth as the clearest headline. The power management company reported adjusted EPS of $2.72, edging past the $2.71 consensus estimate by 0.55%, while revenue of $6.38 billion topped forecasts by 2.02% and grew 7.3% year over year. The primary engine behind those figures was the Electrical Americas segment, which delivered $3.01 billion in sales on 13% organic growth and operating margins of 30.0%, reflecting sustained demand from data center and grid infrastructure customers. Free cash flow of $91 million trailed prior-year levels, as Eaton accelerated capital expenditures to expand capacity, a trade-off management appears willing to make given the demand backdrop. Looking ahead, the company raised its full-year 2025 organic growth outlook to 7.5%-9.5% and narrowed adjusted EPS guidance to $11.80-$12.20, representing approximately 11% growth at the midpoint, with tariff assumptions as of late April baked into those figures.
Key Takeaways
- • 9% organic sales growth, above high end of guidance
- • Electrical Americas organic growth of 13% driven by strong end-market demand
- • Aerospace organic growth of 13% with 16% backlog increase
- • First quarter record segment margins of 23.9%, up 80 basis points year-over-year
- • Book-to-bill ratio of 1.1 for combined Electrical and Aerospace on rolling 12-month basis
ETN YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
ETN Revenue by Segment
With YoY comparisons, source: SEC Filings
ETN Earnings Trends
ETN vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
ETN EPS Trend
Earnings per share: estimate vs actual
ETN Revenue Trend
Quarterly revenue: estimate vs actual
ETN Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $2.73 | $2.81 | +2.90% | $7.45B | +4.32% |
| Q4 25 BEAT FY | $3.32 | $3.33 | +0.34% | $7.06B | -0.51% |
| FY Full Year | $12.07 | $12.07 | +0.03% | $27.45B | +0.02% |
| Q3 25 BEAT | $3.05 | $3.07 | +0.51% | $6.99B | -1.30% |
| Q2 25 BEAT | $2.92 | $2.95 | +0.94% | $7.03B | +1.65% |
| Q1 25 BEAT | $2.71 | $2.72 | +0.55% | $6.38B | +2.02% |