Eaton Reports Record Third Quarter 2026 Results, with Strong Organic Growth, Accelerating Record Orders and Backlog; Raises Organic Growth Guidance

What happened: Eaton (NYSE:ETN) reported record third quarter 2026 results with sales up 28% and organic growth of 19%, and raised its organic growth guidance. It also announced an agreement to acquire COL Group. Key numbers: Q3 sales $8.9 billion, up 28%. Organic sales up 19%. Segment margins 25.3%. Why it matters: Record orders and backlog growth across Electrical and Aerospace, plus margins above the high end of guidance, reinforced the company's confidence in the remainder of the year. The COL Group deal expands European power distribution capacity for data center and utility markets. Market: +7.3% today ($392.86), +20.7% YTD, 0.2x vol — as of 15:18 UTC Verified: Q3_2026 (Nov 3) EPS $3.68 vs $3.55 est, +3.7% beat; next print ~Feb 2

Eaton (NYSE:ETN) reported record third quarter 2026 results with sales up 28% and organic growth of 19%, and raised its organic growth guidance. It also announced an agreement to acquire COL Group.

Record orders and backlog growth across Electrical and Aerospace, plus margins above the high end of guidance, reinforced the company's confidence in the remainder of the year. The COL Group deal expands European power distribution capacity for data center and utility markets. Market: +7.3% today ($392.86), +20.7% YTD, 0.2x vol — as of 15:18 UTC Verified: Q3_2026 (Nov 3) EPS $3.68 vs $3.55 est, +3.7% beat; next print ~Feb 2