Eaton Corporation plc (ETN) concluded Q4 2024 with a record revenue of $6.24 billion, marking a 6% organic growth year-over-year. A remarkable adjusted EPS of $2.83 was achieved, reflecting an 11% increase over the previous year, underpinned by strong performance in Electrical Americas and robust market conditions despite setbacks from industry strikes and natural disasters. Management anticipates continued strength driven by megatrends such as data centers, which have seen a 29% increase in backlog, critical for sustaining growth momentum into 2025. Management reinforced this sentiment during the earnings call, with CEO Craig Arnold highlighting, "We expect another year of healthy end markets, strong organic growth, margin expansion, improving free cash flow and double-digit increases in adjusted EPS."