Eaton Corporation plc, founded in 1911, is a power management company operating in various markets, including data centers, utilities, industrial, commercial, residential, aerospace, and mobility. It focuses on electrification, energy transition, and digitalization. Eaton has benefited from growth in North American megaprojects, increased infrastructure spending on clean energy, and momentum in data center and utility markets, as well as commercial aerospace and defense. The company is listed on the New York Stock Exchange and serves customers in over 160 countries. In 2023, Eaton reported $23.2 billion in revenue.

• Employees: 94,000 (as of December 31, 2023)
• Geographic Footprint: 160+ countries
• Headquarters: Dublin, Ireland
• Founded: 1911
• Number of locations/facilities: 208 manufacturing facilities in 35 countries
• Revenue: $23.2 billion (FY2023)
• Market Cap: $80.2 billion (as of June 30, 2023)
• Key Subsidiaries/Brands: Tripp Lite, Green Motion SA, Mission Systems, Royal Power Solutions

• CEO: Craig Arnold (since June 1, 2016)
• CFO: Olivier Leonetti (since February 2024)
• Board Chair: Craig Arnold (since June 1, 2016)
• Other Key Executives: Heath B. Monesmith (President and Chief Operating Officer - Electrical Sector), Paulo Ruiz (President and Chief Operating Officer - Industrial Sector), Taras G. Szmagala, Jr. (Executive Vice President, Chief Legal Officer), Ernest W. Marshall, Jr. (Executive Vice President and Chief Human Resources Officer), Daniel R. Hopgood (Senior Vice President and Controller), Peter Denk (President - Mobility Group), Nandakumar Cheruvatath (President - Aerospace Group), Mike Yelton (President - Americas Region, Electrical Sector)

• Annual Revenue: $23.2 Billion (FY2023)
• Net Income: $3.2 Billion (FY2023)
• Market Cap: $80.2 billion (as of June 30, 2023)
• Total Assets: $38.4 billion (FY2023)
• Key Financial Highlights: Net income increased 31% YoY, Revenue increased 12% YoY

Eaton provides a wide range of electrical and industrial products and services across its segments.

• Electrical Americas and Electrical Global: Electrical components, industrial components, power distribution and assemblies, residential products, power quality, wiring devices, circuit protection, utility power distribution, power reliability equipment, and services.
• Aerospace: Aerospace fuel, hydraulics, and pneumatic systems, filtration systems.
• Vehicle: Drivetrains, powertrain systems, and critical components for emissions reduction and fuel economy.
• eMobility: Components and systems for power management and performance of on-road and off-road vehicles.

Eaton operates through the following segments:

• Electrical Americas: Focuses on North and South America.
• Electrical Global: Serves markets outside of the Americas.
• Aerospace: Provides solutions for commercial and military aerospace.
• Vehicle: Offers products for the global vehicle industry.
• eMobility: Focuses on electric vehicle technologies.

Hydraulics was divested on August 2, 2021.

Eaton's strategy centers on capitalizing on electrification, energy transition, and digitalization. The company focuses on organic growth and strategic acquisitions to strengthen its portfolio and align with these trends. Eaton actively manages its business portfolio, investing in higher-growth, strong-return businesses aligned with secular trends and its power management expertise. The company prioritizes innovation and developing products that contribute to a more sustainable future.

Eaton operates in diverse markets related to power management, including electrical equipment, aerospace, vehicle components, and eMobility. Key market trends affecting the business include electrification, energy transition, and digitalization. The company faces competition from various players in each of its segments.

• Pandemic Recovery: Ongoing impacts and recovery from the COVID-19 pandemic, including potential future disruptions.
• Cybersecurity Threats: Risks to information technology infrastructure from service interruptions, data corruption, and cyberattacks.
• Supply Chain Disruptions: Potential disruptions to production due to global supply chain challenges, including material shortages and inflation.
• Climate Change: Effects of climate change, including weather disruptions and regulatory reactions, on operations and customer demands.