NYSE$ETN
Eaton Corp PLC · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Eaton reported a solid fourth quarter with record adjusted earnings per share and record segment margins.
Eaton Corporation reported Q4 2021 sales of $4.8 billion, up 2% from Q4 2020. Earnings per share were $1.37, and adjusted earnings per share were $1.72, up 19% over Q4 2020. The company delivered record fourth quarter segment margins of 19.3%.
- Earnings per share of $1.37
- Record fourth quarter adjusted earnings per share of $1.72, up 19% over 2020
- Record fourth quarter segment margins of 19.3%, 190 basis points above the fourth quarter of 2020
- Sales in the fourth quarter of 2021 were $4.8 billion, up 2% from the fourth quarter of 2020
Headline financials
Revenue & EPS history
Eaton · Revenue · Quarterly
$4.8B
Revenue by segment
Eaton · $4.8B total across 5 segments · Q4 2021
- Electrical Americas$1.92B+12.6%40.0%
- Electrical Global$1.42B+13.7%29.7%
- Aerospace$759M+40.0%15.8%
- Vehicle$610M-1.6%12.7%
- eMobility$88M+3.5%1.8%
Forward guidance
For full year 2022, the company expects organic growth of 7-9% and adjusted earnings per share to be between $7.30 and $7.70, up 13% at the midpoint over 2021.
Tailwinds
- Company expects organic growth of 7-9% for full year 2022
- Adjusted earnings per share to be between $7.30 and $7.70 for full year 2022
- Adjusted earnings per share to be up 13% at the midpoint over 2021
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2021
+0.8%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+2.3%
Avg return
30 days after
62%
40 / 65 earnings
Positive
+10.9%
Q4 2015
Best reaction
-8.9%
Q2 2014
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.0% | -5.2% | -1.3% | |
| Q4 2025 | +0.6% | +4.0% | -1.3% | |
| Q3 2025 | -2.3% | -3.3% | -12.3% | |
| Q2 2025 | -7.4% | -5.7% | -9.5% | |
| Q1 2025 | -0.8% | +0.2% | +6.1% | |
| Q4 2024 | -0.2% | -3.6% | -10.3% | |
| Q3 2024 | -2.3% | -1.6% | +9.5% | |
| Q2 2024 | -8.0% | -8.9% | +0.7% | |
| Q1 2024 | -4.4% | -1.8% | +2.4% | |
| Q4 2023 | +9.8% | +10.2% | +19.4% | |
| Q3 2023 | +8.6% | +8.6% | +15.1% | |
| Q2 2023 | +6.6% | +5.2% | +12.2% | |
| Q1 2023 | +2.1% | +1.3% | +6.1% | |
| Q4 2022 | +1.7% | +6.0% | +3.5% | |
| Q3 2022 | +0.4% | +5.7% | +8.9% | |
| Q2 2022 | +0.8% | +0.8% | -5.9% | |
| Q1 2022 | +2.3% | +0.5% | -3.9% | |
| Q4 2021 | -4.3% | +0.0% | -4.5% | |
| Q3 2021 | +3.1% | +4.2% | +1.4% | |
| Q2 2021 | +3.4% | +4.1% | +7.4% | |
| Q1 2021 | +0.8% | +2.2% | +1.4% | |
| Q4 2020 | -1.6% | +0.3% | +10.6% | |
| Q3 2020 | -1.3% | +2.4% | +8.7% | |
| Q2 2020 | +1.2% | +1.6% | +10.9% | |
| Q1 2020 | -4.3% | -5.8% | -1.0% | |
| Q4 2019 | +7.2% | -2.4% | -0.3% | |
| Q3 2019 | +1.2% | +1.6% | +6.6% | |
| Q2 2019 | +1.4% | -2.2% | -1.8% | |
| Q1 2019 | -2.5% | -1.4% | -9.7% | |
| Q4 2018 | +4.9% | +5.9% | +10.1% | |
| Q3 2018 | +0.9% | +3.1% | +7.0% | |
| Q2 2018 | +3.1% | +2.1% | +3.7% | |
| Q1 2018 | -2.9% | -0.2% | +2.1% | |
| Q4 2017 | +1.3% | -1.5% | -5.1% | |
| Q3 2017 | +2.9% | -1.4% | -1.8% | |
| Q2 2017 | -5.3% | -4.8% | -8.3% | |
| Q1 2017 | +0.3% | +1.0% | +2.6% | |
| Q4 2016 | -1.5% | -1.5% | +0.9% | |
| Q3 2016 | -4.5% | -4.7% | +6.1% | |
| Q2 2016 | +0.5% | +2.4% | +4.7% | |
| Q1 2016 | +0.4% | — | — | |
| Q4 2015 | +10.9% | — | — | |
| Q3 2015 | +4.4% | — | — | |
| Q2 2015 | -0.7% | — | — | |
| Q1 2015 | +0.2% | — | — | |
| Q4 2014 | +6.3% | — | — | |
| Q3 2014 | +3.1% | — | — | |
| Q2 2014 | -8.9% | — | — | |
| Q1 2014 | -2.5% | — | — | |
| Q4 2013 | -1.7% | — | — | |
| Q3 2013 | +3.0% | — | — | |
| Q2 2013 | -5.1% | — | — | |
| Q1 2012 | +4.4% | — | — | |
| Q1 2013 | +4.7% | — | — | |
| Q4 2010 | +1.6% | — | — | |
| Q4 2011 | +1.6% | — | — | |
| Q4 2012 | +5.4% | — | — | |
| Q3 2012 | +9.9% | — | — | |
| Q2 2012 | +5.0% | — | — | |
| Q3 2011 | -7.2% | — | — | |
| Q2 2011 | +5.0% | — | — | |
| Q1 2011 | +2.0% | — | — | |
| Q3 2010 | -0.2% | — | — | |
| Q2 2010 | -2.2% | — | — | |
| Q1 2010 | -0.5% | — | — |
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