Eaton Corp PlcETN

01Organic sales increased in Q2 2026 'due to strength in data center and machine OEM end-markets in the Electrical Americas business segment' and 'broad-based strength in end-markets of the Electrical Global business segment' The company states it is 'capitalizing on the megatrends of the electrification, digitalization, and the reindustrialization of and growth of megaprojects in North America' Capital expenditures expected to reach 'approximately $1.15 billion in 2026' to 'expand production capacity across various markets to support anticipated growth'

02Electrical Americas operating margin was 27.5% in Q2 2026 despite '470 basis point decline from higher commodity inflation' Higher sales contributed '260 basis points' to margins in the quarter The multi-year restructuring program 'expects mature year benefits of $375 million when fully implemented' against total charges of $475 million

03The company acquired Boyd Thermal for '$9.55 billion, net of cash acquired' and Ultra PCS Limited for '$1.53 billion, net of cash acquired' in early 2026 Issued '$8,500 million' in 2026 U.S. Notes across six tranches and '€1,200 million' in 2026 Euro Notes to fund acquisitions The Mobility separation is expected to deliver 'a cash distribution of approximately $1.1 billion' to Eaton

04Aerospace segment organic sales grew due to 'strength in commercial OEM, commercial aftermarket, and military OEM' in Q2 2026 Aerospace operating margin rose from 22.2% to 22.8% in Q2 2026, with '160 basis points from higher sales' and '150 basis points from favorable mix' First-half Aerospace margin expanded to 24.7% from 22.6%, aided by '130 basis points from the sale of a facility' and favorable mix