ETN · 8-K · 20260731PR000027

Margin Drivers

Eaton Corp plc · 2026-07-31 · Importance 18 · Surprise 14

Second-quarter segment margins were 23.1%, down 80 basis points year over year but 10 basis points above the high end of guidance. Electrical Americas margins increased 190 basis points sequentially to 27.5%, supported by strong operating execution, while Electrical Global margins increased 60 basis points sequentially to 19.8%. Aerospace margins increased 60 basis points year over year to 22.8%, and Mobility margins increased 90 basis points year over year to 13.0%.

Key facts

• Electrical Global operating profits were $499 million, up 41% over the second quarter of 2025. source
• Aerospace operating profits were $278 million in the quarter, up 16% over the second quarter of 2025. source
• Electrical Americas operating profits were $1.1 billion in the quarter, up 10% over the second quarter of 2025. source
• Mobility operating profits were $109 million, up 7% from the second quarter of 2025. source
• Second quarter segment margins were 23.1%, 10 basis points above the high end of the guidance range and down 80 basis points from the second quarter of 2025. source
• Electrical Americas operating margins in the quarter were 27.5%, up 190 basis points sequentially. source
• Electrical Global operating margins in the quarter were 19.8%, up 60 basis points sequentially. source
• Aerospace operating margins were 22.8%, up 60 basis points over the second quarter of 2025. source