Eaton Corporation plc
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Eaton Corporation plc - overview
Established
1911
Location
Dublin, -, Ireland
Primary Industry
Electronics
About
Based in Ireland, Eaton Corporation plc is a global power management company delivering innovative solutions to improve efficiency and sustainability across industries. Founded in 1911 in Dublin, Ireland, Eaton Corporation plc specializes in power management solutions. The company has expanded over the years through strategic acquisitions, enhancing its service offerings. Notable founders include Josh Eaton and other key individuals, while Charles Eaton currently serves as CEO.
Eaton has established a presence in multiple countries, including major offices in the Americas, Europe, and Asia-Pacific. Eaton specializes in a diverse array of power management solutions designed to enhance efficiency and sustainability across various industries. Their core product offerings include electrical control systems, circuit protection devices, and energy-efficient lighting solutions, all engineered to optimize energy consumption and minimize environmental impact. These products serve a broad clientele, including commercial, industrial, and residential sectors, aiming to solve specific challenges such as energy reliability, safety, and compliance with regulatory standards.
Notable customers range from manufacturing facilities to utility companies, underscoring Eaton's extensive reach in the global marketplace. The company markets its products across multiple geographical regions, including North America, Europe, and Asia-Pacific, ensuring that they cater to the unique energy needs and regulatory frameworks of each market. In 2023, Eaton's revenue reached USD 23. 20 bn, with an EBITDA of USD 4.
90 bn. The company's revenue generation primarily stems from B2B transactions, where their products and services are sold directly to businesses, including contractors, system integrators, and OEMs (Original Equipment Manufacturers). The transaction structure is often based on volume purchases, with clients securing long-term contracts for supply and installation services. Eaton's flagship products, such as the Power Xpert software suite and an array of circuit breakers, play a critical role in the revenue stream, reflecting the company's emphasis on providing comprehensive energy management solutions.
Pricing plans are structured to accommodate varying customer needs, with options available for single purchases as well as bundled solutions for larger projects. The company also engages in strategic partnerships with distributors and wholesalers, further expanding its market penetration and facilitating widespread access to its innovative power management technologies.
Primary Industry
Electronics
Sub Industries
Engineering, Education & Training Services, Electric Utilities, Automobiles, Other Vehicles & Parts, Industrial Machinery, Electronic Components
Website
www.eaton.com/
Verticals
IoT (Internet of Things), Manufacturing
Total Amount Raised
Subscriber access only
Eaton Corporation plc - timeline of key events
Eaton Corporation plc - financials
| Fiscal Year Ended | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 22,552,000,000 | 20,855,000,000 | 19,747,000,000 | 20,404,000,000 | 21,609,000,000 | 21,390,000,000 | 17,858,000,000 | 19,628,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | (7.5%) | (5.3%) | 3.3% | 5.9% | (1.0%) | (16.5%) | 9.9% | - | - | - |
| EBITDA (USD) | 2,972,000,000 | 3,290,000,000 | 3,280,000,000 | 3,984,000,000 | 3,598,000,000 | 3,711,000,000 | 2,706,000,000 | 3,962,000,000 | - | - | - |
| Operating Income (USD) | 1,989,000,000 | 2,365,000,000 | 2,351,000,000 | 3,070,000,000 | 2,695,000,000 | 2,827,000,000 | 1,895,000,000 | 3,040,000,000 | - | - | - |
| Operating Margin | 8.8% | 11.3% | 11.9% | 15.0% | 12.5% | 13.2% | 10.6% | 15.5% | - | - | - |
| % EBITDA Margin | 13.2% | 15.8% | 16.6% | 19.5% | 16.7% | 17.3% | 15.2% | 20.2% | - | - | - |
| NET Income (USD) | 1,804,000,000 | 1,974,000,000 | 1,919,000,000 | 2,553,000,000 | 2,146,000,000 | 2,213,000,000 | 1,415,000,000 | 2,146,000,000 | - | - | - |
| % Net Margin | 8.0% | 9.5% | 9.7% | 12.5% | 9.9% | 10.3% | 7.9% | 10.9% | - | - | - |
Eaton Corporation plc - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Boyd Thermal | - | ||||||||
| Trade Sale | Completed | Ultra PCS | - | ||||||||
| Corporate Carve Out | Announced | Cobham Satcom | - | ||||||||
| Trade Sale | Completed | Royal Die & Stamping Co., Inc. | - | ||||||||
| Trade Sale | Completed | Cobham Limited | - |
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Eaton Corporation plc - employee data
Eaton Corporation plc - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Independent Director | BM |
BM Board Member
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