ETN · 8-K · 20261103PR000037

Income Tax Rate Changes

Eaton Corp plc · 2026-11-03 · Importance 19 · Surprise 22

Third-quarter income tax expense was $291 million on $1.370 billion of pretax income, an effective rate of about 21.2%, compared with $264 million on $1.275 billion of pretax income, or about 20.7%, in the prior-year quarter. For the first nine months of 2026, income tax expense was $852 million on $3.620 billion of pretax income, an effective rate of about 23.5%, versus $680 million on $3.637 billion, or about 18.7%, in 2025. The release separately reported $52 million of withholding taxes incurred in the second quarter of 2026 related to funding the Boyd Thermal acquisition.