ETN · News · 20261106N

Order Backlog and Book-to-Bill

Eaton Corp plc · 2026-11-06 · Importance 53 · Surprise 56

Eaton’s Electrical backlog grew 46% year over year in the third quarter of 2026, with Electrical Americas up 33% and Electrical Global up 121%. A 1.2 book-to-bill ratio across its Electrical businesses indicates orders exceeded sales and points to continued pipeline strength. Reported demand is supported by investment in AI-driven data centers, grid upgrades, industrial electrification and utility infrastructure.

Key facts

• Eaton's Electrical backlog surged 46%, with Electrical Americas backlog growing 33% and Electrical Global backlog growing 121%. source
• Eaton's Electrical businesses had a book-to-bill ratio of 1.2. source