Eaton Investor Relations Material

Eaton Corporation is an American-Irish power management company with multinational operations. The company provides various products and services related to electrical, hydraulic, and mechanical power management. The company's offerings include electrical components for power quality, distribution, and control, as well as hydraulic components and systems for both industrial and mobile equipment. It is headquartered in Dublin, Ireland, and has an administrative center in Brentwood, Ohio. Eaton shares are traded on the NYSE.

Eaton Corporation was founded in 1911 as Gear and Axle Co. in Bloomfield, New Jersey. Initially, the company focused on developing a new axle for trucks and buses, which offered significant improvements over existing products. During the 1930s and 1940s, Eaton diversified into other industries, such as aviation and defense, reflecting the broader economic and industrial shifts of the time. This diversification continued post-World War II, as the company expanded its product offerings and global presence. The 1960s and 1970s marked further expansion, with Eaton entering the hydraulics market and furthering its international reach. In the following decades, Eaton continued to grow through acquisitions, significantly expanding its electrical power management business.

The company operates through various segments, each specializing in different aspects of power management. The Electrical Sector, one of its primary segments, offers a wide range of electrical components, systems, and services for power distribution, power quality, and industrial automation. This includes circuit breakers, switchgear, UPS systems, and power distribution units, which are essential for the safe and efficient management of electricity in both commercial and residential settings.

In the Hydraulics segment, Eaton provides hydraulic components and systems for mobile and industrial applications. These products, including pumps, motors, valves, and filtration systems, are crucial in machinery used in construction, agriculture, and manufacturing industries.

Additionally, Eaton's Aerospace segment delivers highly engineered products and systems for commercial and military aviation markets. The company’s products are used by manufacturers such as Airbus, Boeing, and Lockheed Martin. This includes hydraulic systems, fuel systems, motion control, and engine solutions, playing a critical role in the performance and safety of aircraft. Eaton Corporation also produces vehicle components, offering products for automotive and commercial vehicle markets.