AddedRisk Factors
We are subject to risks relating to acquisitions, joint ventures and investments, and risks relating to the integration of acquired companies.
ETNEaton Corporation
Eaton Corporation plc (Eaton or the Company) is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. 10-K, Item 1
- Headquarters
- Dublin, L2
- Next results
- around Feb 2, 2027
10-K 0001551182-26-000007 (2026-02-26) vs 10-K 0001551182-25-000006 (2025-02-27)
| Section | Compared text | Words now | Changed |
|---|---|---|---|
| Risk Factors | Item 1A | 3,856 | 49.7% |
| MD&A | Item 7 | 36 | not compared |
| Legal Proceedings | Item 3, via Note 11 – COMMITMENTS AND CONTINGENCIES | 627 | 5.1% |
| Accounting Policies | 10-K text (note not found) | 0 | not compared |
The redline: what was cut and what was added
In each section, the paragraph that changed most, marked against last year's 10-K:
cut words struck through, new words highlighted and underlined.
Legal Proceedings 63 words changed in this paragraph; it is 71% similar to last year's version.
Eaton is subject to a broad range of claims, administrative proceedings, and legal proceedings such as lawsuits that relate to contractual allegations proceedings, including, but not limited to, claims for punitive damages, penalties, and indemnity claims, tax audits, interest, in a variety of matters, including, but not limited to, contract, indemnity, tax, patent infringement, intellectual property, personal injuries, injury, commercial, warranty, product liability, environmental, antitrust matters, and employment-related trade regulation, class action, and labor and employment matters. Eaton is also subject to legal claims from historic products which may have contained asbestos. Insurance may cover some of the costs associated with these claims and proceedings. proceedings involving Eaton. Although it is not possible to predict with certainty the outcome or cost of these matters, the Company believes they will not have a material adverse effect on the consolidated financial statements.
Source: Item 3, via Note 11 – COMMITMENTS AND CONTINGENCIES, 10-K 0001551182-26-000007 vs Item 3, via Note 11 – COMMITMENTS AND CONTINGENCIES, 10-K 0001551182-25-000006
Risk Factors 56 words changed in this paragraph; it is 78% similar to last year's version.
Eaton is subject to income taxes in many jurisdictions around the world. Income tax liabilities are subject to the allocation of income among various tax jurisdictions. Our effective tax rate could be affected materially by changes in the mix among earnings in countries with differing statutory tax rates, changes in the valuation allowance of deferred tax assets, or changes in tax legislation, regulations, and policies. The amount of income taxes paid is subject to ongoing audits and litigation by tax authorities in the countries in which we operate. If these audits The ultimate outcome of any such audit and/or litigation cannot be predicted with certainty given the complex nature of tax controversies. Should the ultimate outcome of any such audit and/or litigation result in assessments different from amounts reserved, future final resolution may have a material adverse impact on the Company’s consolidated financial results may include material unfavorable adjustments to our tax liabilities. statements.
Source: Item 1A, 10-K 0001551182-26-000007 vs Item 1A, 10-K 0001551182-25-000006
Every change, by type
Sentences and paragraphs of ETN's Risk Factors and MD&A, 10-K 2026-02-26 against 10-K 2025-02-27. Each links to the text at sec.gov.
Quiet changes are sentences kept from last year with one to four words changed, at least one of them a hedge, a modal or a qualifier
(may, could, will, not, significant, material…). A year or date rolling forward is not counted.
The full word list
adverse, adversely, all, although, anticipate, anticipates, any, approximately, believe, believes, can, cannot, certain, could, expect, expects, generally, however, if, intend, intends, largely, likely, many, material, materially, may, might, most, must, never, no, not, possible, primarily, probable, should, significant, significantly, some, substantial, substantially, unlikely, will, would
AddedRisk Factors
As part of our strategy, we pursue strategic transactions, including but not limited to acquisitions, joint ventures, and investments. Acquisitions and investments may involve significant cash expenditures, debt incurrences, equity issuances, operating losses and expenses, in addition to integration challenges whether foreseen or unforeseen, which may be dilutive to earnings and unfavorably impact cash flow. Acquisitions also involve numerous other risks, including: the diversion of management attention to integration matters; difficulties in integrating operations and systems; challenges in conforming standards, controls, procedures and accounting and other policies, business cultures and compensation structures; difficulties in assimilating employees and in attracting and retaining key personnel; challenges in keeping existing customers and obtaining new customers; difficulties in achieving anticipated cost savings, synergies, business opportunities and growth prospects; contingent liabilities (including contingent tax liabilities and earn-out obligations) that are larger than expected; and potential unknown liabilities, adverse consequences and unforeseen increased expenses associated with acquired companies. Financial success of a strategic transaction requires balancing both short- and long-term inputs driven by internal and external factors difficult to fully identify prior to transaction consummation. Transactional challenges post-closing could materially and adversely impact our business, financial condition and results of operations.
AddedRisk Factors
Our business requires that we buy raw materials, components, and services from third parties. Supplier relationships have in the past been and could in the future be interrupted or terminated. Our reliance on suppliers involves certain risks, including:
AddedRisk Factors
•shortages of commodities, components, or other materials, which could adversely affect our manufacturing efficiencies and ability to make timely delivery of our products, solutions, and services;
AddedRisk Factors
•changes in the cost of these purchases due to inflation, exchange rate fluctuations, taxes, tariffs, commodity market volatility, or other factors that affect our suppliers;
AddedRisk Factors
•poor quality or insecure supply chain, which could adversely affect the reliability and reputation of our products, solutions, and services;
AddedRisk Factors
•climate impacts, severe weather events, or natural and other disasters that impact our suppliers;
AddedRisk Factors
•sanctions, embargoes, and other trade restrictions that may affect our ability to purchase commodities, components, or other materials from various suppliers; and
AddedRisk Factors
•intellectual property risks such as challenges to ownership of rights or alleged infringement by suppliers.
AddedRisk Factors
Any of these uncertainties could adversely impact our financial results and ability to compete. We also maintain single-source supplier relationships because either alternative sources are not available, or the relationship is advantageous due to certain considerations, such as performance, quality, support, delivery, capacity, or price. Unavailability of, or delivery delays for, single-source components or products could adversely affect our ability to manufacture or ship the related products in a timely manner. The effect of unavailability or delivery delays would be more severe if associated with our higher volume and more profitable products. Even where substitute sources of supply are available, qualifying alternative suppliers and establishing reliable supplies could cost more or result in delays and loss of sales.
AddedRisk Factors
We may rely on third-party suppliers for the components used in our products, and we may rely on third-party manufacturers to manufacture certain of our assemblies and finished products. Our results of operations, financial position, and cash flows could be adversely affected if such third parties lack sufficient quality control or if there are significant changes in their financial or business condition. If these third parties fail to deliver quality products, parts, and components on time and at reasonable prices, we could have difficulties fulfilling our orders, sales and profits could decline, and our commercial reputation could be damaged.
AddedRisk Factors
Risks and uncertainties related to the development and use of artificial intelligence may present business, compliance and reputational risks.
RemovedRisk Factors
RemovedRisk Factors
RemovedRisk Factors
RemovedRisk Factors
RemovedRisk Factors
RemovedRisk Factors
RewordedRisk Factors
RewordedRisk Factors
RewordedRisk Factors
Profitability can be negatively impacted by macroeconomic conditions conditions, newly competitive market players, and volatility in the end markets that Eaton serves. we serve.
RewordedRisk Factors
Changes globally in various countries’ trade policies, including tariffs and duties, may can materially increase costs for goods imported into the United States and could potentially States, which can lead to broader cost pressures even for goods that are not imported.
RewordedRisk Factors
RewordedRisk Factors
Our manufacturing facilities and operations could be disrupted by a natural disaster, labor strike, war, geopolitical instability and/or conflict, political unrest, terrorist activity, economic upheaval, or public health concerns (for example, COVID-19). concerns.
RewordedRisk Factors
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