Second Quarter 2021 Earnings Release August 3, 2021 Craig Arnold ring Business Worldwide © 2021 Eaton. All rights reserved. Forward-looking Statements and Non-GAAP Financial Information This presentation or the comments we make on our call today contain forward-looking statements concerning, among other matters, 2021 organic revenue growth, adjusted earnings per share, adjusted free cash flow, adjusted operating cash flow, capital expenditures, share buybacks, tax rate, corporate expenses, segment operating ...

Eaton Corporation plc (NYSE:ETN) Q2 2021 Earnings Conference Call August 3, 2021 11:00 AM ET Company Participants Craig Arnold – Chairman and CEO Yan Jin – Senior Vice President, Investor Relations Tom Okray – Executive Vice President and Chief Financial Officer Conference Call Participants Josh Pokrzywinski – Morgan Stanley Andrew Obin – Bank of America Scott Davis – the Melius Research Joe Ritchie – Goldman Sachs Brandon Rig – Wolfe Research Jeff Sprague – Vertical Research Nicole Deblase – Deutsche Bank ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2021 Commission file number 000-54863 EATON CORPORATION plc (Exact name of registrant as specified in its charter) Ireland 98-1059235 | --- | --- | --- | |-----------------------------------------|------------------------------------------|-------------------------------------------- ...

Eaton Corporation PLC (NYSE:ETN) Q1 2021 Results Conference Call May 4, 2021 11:00 AM ET Company Participants Yan Jin - Senior Vice President, Investor Relations Craig Arnold - Chairman & Chief Executive Officer Tom Okray - Executive Vice President and Chief Financial Officer Conference Call Participants Nicole Deblase - Deutsche Bank Andrew Obin - Bank of America Nigel Coe - Wolfe Research Jeff Sprague - Vertical Research Scott Davis - Melius Research John Inch - Gordon Haskett Jeff Hammond - KeyBanc Josh ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2021 Commission file number 000-54863 EATON CORPORATION plc (Exact name of registrant as specified in its charter) Ireland 98-1059235 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification Number) Eaton House, 30 Pembroke Road, Dublin 4, Ireland ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the year ended December 31, 2020 Commission file number 000-54863 | --- | --- | --- | --- | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Data and Key Metrics Changes - Q4 earnings per share were $1.18 on a GAAP basis and $1.28 on an adjusted basis [9] - Q4 revenues were $4.7 billion, down 5% organically but up 3% compared to Q3 [10] - Operating cash flows were $943 million and free cash flows were $845 million, both exceeding prior-year levels [10] - For 2020, free cash flow reached $2.6 billion, an all-time record for free cash flow to sales at 14.3% [10][25] Business Line Data and Key Metrics Changes - **Electrical Americas Segment**: Revenues down 18%, with a 1% decline in organic revenues and a 17% decrease due to divestiture of Lighting [12] - **Electrical Global Segment**: Revenues declined 5%, with a 7% decline in organic revenues, partially offset by 2% positive currency [14] - **Hydraulics Segment**: Revenues up 2% organically, with a 25% increase in Q4 orders [17] - **Aerospace Segment**: Revenues declined 13%, down 25% organically, partially offset by a 11% increase from the acquisition of Souriau [19] - **Vehicle Segment**: Revenues declined 7%, including a 1% organic decline [21] - **e-Mobility Segment**: Revenues increased 13%, including 11% organic growth [23] Market Data and Key Metrics Changes - Data center orders in Electrical Americas were up double-digit, contributing to a 12% growth in backlog [13] - Orders in Electrical Global declined 6% on a rolling 12-month basis, with strength in data centers and residential markets [15] - The Hydraulics segment saw strong recovery in China and Europe [17] Company Strategy and Development Direction - The company announced acquisitions of Tripp Lite for $1.65 billion and Cobham Mission Systems for $2.8 billion, aimed at enhancing profitability and growth outlook [8][9] - The focus remains on transforming the portfolio towards higher growth and higher margins, with 85% of segment profits coming from Electrical and Aerospace [35] - The company is positioned to capitalize on trends such as energy transition and electrification [34] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the impact of COVID-19 on operations but expressed confidence in the recovery and backlog growth [41] - The guidance for 2021 includes organic growth expectations of 4% to 6%, with specific segments expected to perform strongly [27] - The company anticipates strong cash flow and margin improvements, with a target operating margin of 17.8% for 2021 [28][35] Other Important Information - The company launched a $280 million multi-year restructuring program aimed at reducing fixed costs [25] - The new definition of adjusted EPS includes amortization of intangibles, providing a clearer performance measure [29] Q&A Session Summary Question: Order trends in Electrical segment - Management noted that the Electrical Americas business was impacted by COVID-19 and supply chain issues, but residential and data center markets showed strong growth [41][42] Question: Outlook for margins - Management indicated that margins are expected to improve due to restructuring benefits and cost containment measures [43][44] Question: Changes in leadership and strategic direction - Management highlighted that new appointments are aimed at positioning the company to capitalize on major trends like energy transition and connectivity [49][50] Question: e-Mobility customer base - Management clarified that the focus is on technology-driven solutions rather than geographic markets, targeting both light and commercial vehicle markets [52] Question: Performance of acquisitions during the pandemic - Both Tripp Lite and Cobham Mission Systems performed well during the pandemic, with Cobham's military business remaining strong [73]

Fourth Quarter 2020 Earnings Release February 2, 2021 Craig Arnold © 2020 Eaton. All rights reserved. Forward-looking Statements and Non-GAAP Financial Information This presentation or the comments we make on our call today contain forward-looking statements concerning, among other matters, 2021 organic revenue growth, adjusted earnings per share, free cash flow, operating cash flow, capital expenditures, share buybacks, tax rate, corporate expenses, segment operating margins, impact from currency translati ...

Eaton Corporation PLC (NYSE:ETN) Q3 2020 Earnings Conference Call November 3, 2020 11:00 AM ET Company Participants Yan Jin - SVP, IR Craig Arnold - Chairman & CEO Richard Fearon - Vice Chairman & Chief Financial & Planning Officer Conference Call Participants Jeffrey Sprague - Vertical Research Partners Scott Davis - Melius Research Ann Duignan - JPMorgan Chase & Co. Nicole DeBlase - Deutsche Bank Nigel Coe - Wolfe Research John Inch - Gordon Haskett David Raso - Evercore ISI Joseph Ritchie - Goldman Sachs ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2020 Commission file number 000-54863 EATON CORPORATION plc (Exact name of registrant as specified in its charter) Ireland 98-1059235 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification Number) Eaton House, 30 Pembroke Road, Dublin 4, Irel ...