TSTickerStarGet alerts

ETN Q3 2026 Adjusted EPS $3.68, Beat Guidance by +$0.17

ETN beat prior Q3 2026 Adjusted EPS guidance by +$0.17. FY 2026 Adjusted EPS was raised by +$0.30 to $13.70 - $13.80 (midpoint $13.75). Segment margins of 25.3% beat the prior guidance range of 24.6%-25.0%, and organic sales growth of 19% exceeded the prior guidance range of 13.5%-15.5%.

Share this story

Guidance comparison

Adjusted EPSQ3 2026
$3.68Guide $3.51 | beat | +$0.17 | +4.8%
GAAP EPSQ3 2026
$2.77Guide $2.82 | miss | $-0.05 | -1.8%
Segment marginsQ3 2026
25.3%Guide 24.8% | beat | +0.5 pts | +2.0%
Organic growthQ3 2026
19%Guide 14.5% | beat | +4.5 pts | +31.0%

Guidance updates

FY 2026 Adjusted EPSFY 2026
$13.70 - $13.80 (midpoint $13.75)Prior $13.40 - $13.60 (midpoint $13.50) | raised | +$0.30
FY 2026 Organic growthFY 2026
13% - 15% (midpoint 14%)Prior 11% - 13% (midpoint 12%) | raised | +2.0 pts

Forward guidance

FY 2026 Adjusted EPSFY 2026
$13.70 - $13.80++$1.68 vs FY 2025 adjusted EPS $12.07
FY 2026 GAAP EPSFY 2026
$10.39 - $10.49
FY 2026 Organic growthFY 2026
13% - 15%14% Y/Y
FY 2026 Segment marginsFY 2026
24.1% - 24.5%
Q4 2026 Adjusted EPSQ4 2026
$4.05 - $4.15
Q4 2026 GAAP EPSQ4 2026
$3.28 - $3.38
Q4 2026 Organic growthQ4 2026
13% - 15%14% Y/Y

Key takeaways

  • Adjusted EPS of $3.68 beat guidance midpoint by $0.17; GAAP EPS of $2.77 missed guidance midpoint by $0.05

  • Sales of $8.9 billion increased 28% year-over-year, with 19% organic growth above guidance range of 13.5%-15.5%

  • Record segment margins of 25.3% exceeded guidance range of 24.6%-25.0%

  • Full-year 2026 adjusted EPS guidance raised to $13.70-$13.80 from $13.40-$13.60 midpoint of $13.50

  • Full-year 2026 organic growth guidance raised to 13%-15% from 11%-13%

  • Announced agreement to acquire COL Group for €810 million ($921 million), expanding European power distribution capabilities for data center and utility markets

  • Free cash flow of $1.03 billion on operating cash flow of $1.31 billion

Key metrics

Total salesQ3 2026
$8.9 billion+28%
Organic sales growthQ3 2026
19%
GAAP EPS (diluted)Q3 2026
$2.77+$0.18
Adjusted EPSQ3 2026
$3.68+$0.61
Segment marginsQ3 2026
25.3%+30 bps
Electrical Americas salesQ3 2026
$4.2 billion+22% organic
Electrical Global salesQ3 2026
$2.7 billion+58%
Aerospace salesQ3 2026
$1.2 billion+11%

Primary source

TickerStar generated this brief from an official company, investor-relations, earnings-call, or regulatory source. Review the primary material before making an investment decision.

Open SEC filing

Follow ETN in real time

Get material earnings, filing, IR, and earnings-call alerts by email.

Create a free alert