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Dec 31, 2024

Parker-Hannifin Q2 2025 Earnings Report

Reported record segment operating margin, EPS, and YTD cash flow from operations.

Key Takeaways

Parker-Hannifin reported strong Q2 2025 results, with record segment operating margin, earnings per share, and year-to-date cash flow from operations. The company reduced debt by $1.1 billion and updated its fiscal year 2025 outlook to reflect stronger Aerospace growth.

Sales were $4.7 billion; organic sales growth was 1%.

Net income was $949 million, an increase of 39%, or $853 million adjusted, an increase of 6%.

EPS were $7.25, an increase of 39%, or $6.53 adjusted, an increase of 6%.

Segment operating margin was 22.1%, an increase of 100 bps, or 25.6% adjusted, an increase of 110 bps.

Total Revenue
$4.74B
Previous year: $4.82B
-1.6%
EPS
$6.53
Previous year: $6.15
+6.2%
Organic Sales Growth
1%
Previous year: 2.9%
-65.5%
Gross Profit
$1.72B
Previous year: $1.72B
+0.1%
Cash and Equivalents
$396M
Previous year: $383M
+3.3%
Free Cash Flow
$1.68B
Previous year: $596M
+181.8%
Total Assets
$28.3B
Previous year: $29.7B
-4.8%

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 expects sales growth of (2%) to 1%, with organic sales growth of approximately 2%, divestitures of (1.5%) and unfavorable currency of (1.0%). Total segment operating margin of approximately 22.7%, or approximately 25.8% on an adjusted basis. EPS of $24.46 to $25.06, or $26.40 to $27.00 on an adjusted basis

Positive Outlook

  • Sales growth in fiscal 2025 of (2%) to 1%
  • Organic sales growth of approximately 2%
  • Total segment operating margin of approximately 22.7%
  • Adjusted total segment operating margin approximately 25.8%
  • EPS of $24.46 to $25.06, or $26.40 to $27.00 on an adjusted basis

Challenges Ahead

  • Divestitures of (1.5%)
  • Unfavorable currency of (1.0%)
  • Changes in business relationships with and orders by or from major customers, suppliers or distributors, including delays or cancellations in shipments
  • Disputes regarding contract terms, changes in contract costs and revenue estimates for new development programs
  • Changes in product mix