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Sep 30, 2024

Parker-Hannifin Q1 2025 Earnings Report

Reported record sales, segment operating margin, and earnings per share, and increased EPS outlook.

Key Takeaways

Parker Hannifin reported strong Q1 2025 results, with record sales, adjusted segment operating margin, adjusted earnings per share and year-to-date cash flow from operations. Sales increased by 1.2% to $4.9 billion and EPS increased by 7% to $5.34. The company has raised its outlook for segment operating margin and earnings per share.

Sales increased 1.2% to $4.9 billion; Organic sales growth was 1.4%

Net income was $698 million, an increase of 7%, or $810 million adjusted, an increase of 4%

EPS were $5.34, an increase of 7%, or $6.20 adjusted, an increase of 4%

Segment operating margin was 22.6%, an increase of 130 bps, or a record 25.7% adjusted, an increase of 80 bps

Total Revenue
$4.9B
Previous year: $4.85B
+1.2%
EPS
$6.2
Previous year: $5.96
+4.0%
Organic Sales Growth
1.4%
Previous year: 2.3%
-39.1%
Gross Profit
$1.81B
Previous year: $1.75B
+3.2%
Cash and Equivalents
$371M
Previous year: $449M
-17.3%
Free Cash Flow
$649M
Previous year: $552M
+17.5%
Total Assets
$29.6B
Previous year: $29.6B
+0.0%

Parker-Hannifin

Parker-Hannifin

Parker-Hannifin Revenue by Segment

Forward Guidance

Guidance for the fiscal year ending June 30, 2025 has been updated. The company now expects total sales growth in fiscal 2025 of 0.5% to 3.5%, with organic sales growth of 1.5% to 4.5%. Total segment operating margin to increase to approximately 22.6%, or approximately 25.7% on an adjusted basis. EPS to increase to $22.78 to $23.48, or $26.35 to $27.05 on an adjusted basis.

Positive Outlook

  • Total sales growth in fiscal 2025 of 0.5% to 3.5%
  • Organic sales growth of 1.5% to 4.5%
  • Total segment operating margin to increase to approximately 22.6%
  • Adjusted segment operating margin approximately 25.7%
  • EPS to increase to $22.78 to $23.48, or $26.35 to $27.05 on an adjusted basis

Challenges Ahead

  • Divestitures of (1.5%)
  • Favorable currency of 0.5%
  • Near-term pressure in select industrial markets
  • Softness continues in transportation and off-highway markets
  • Delays impact in-plant and energy markets