ETN · 8-K · 20260611PR001733

Guidance and Outlook

Eaton Corp plc · 2026-06-11 · Importance 75 · Surprise 60 · In source text

Eaton expects the Mobility Group separation to be immediately accretive to its organic growth rate and operating margins upon closing. The combined Mobility Group and Dana are projected to generate approximately $11 billion of pro forma 2026 revenue and $1.7 billion of pro forma estimated 2026 adjusted EBITDA. The companies expect $250 million of run-rate cost synergies, fully realized within 24 months after closing. Eaton intends to deploy the approximately $1.1 billion cash distribution under its capital allocation framework, including repayment of outstanding indebtedness.

Key facts

• The combined company expects to generate approximately $11 billion in pro forma revenue. source
• The combined company expects approximately $1.7 billion in pro forma estimated 2026 adjusted EBITDA (including run-rate synergies). source
• The combined company is expected to have increased scale, $250 million of run-rate cost synergies, and greater diversification across customers, geographies, and end markets. source
• The transaction is expected to close in the first quarter of 2027, subject to receipt of Dana shareholder approval, receipt of required regulatory clearances, and customary closing conditions. source
• The combined company’s run-rate synergies are expected to be fully realized within 24 months following closing. source
• Eaton stated the separation is expected to be immediately accretive to Eaton’s organic growth rate and operating margins upon closing. source
• The combined company will have an expanded aftermarket presence which is expected to deliver more resilient revenue streams across economic cycles. source

Impact estimates