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Mar 31

Parker-Hannifin Q3 2025 Earnings Report

Parker-Hannifin reported results for the quarter ended March 31, 2025, including record margins, EPS, and YTD cash flow from operations.

Key Takeaways

Parker-Hannifin reported a strong fiscal third quarter for 2025, achieving record adjusted segment operating margins, record earnings per share, and record year-to-date cash flow from operations. Sales were $5.0 billion with 1% organic growth. Net income increased by 32% to $961 million, and adjusted EPS rose 7% to $6.94. The company also repurchased $650 million of shares and increased its quarterly cash dividend by 10%.

Sales for the quarter were $5.0 billion, with organic sales growth of 1%.

Net income reached $961 million, a 32% increase, and adjusted net income was $904 million, up 6%.

Diluted EPS was $7.37, a 33% increase, and adjusted diluted EPS was $6.94, up 7%.

Adjusted total segment operating margin reached a record 26.3%, increasing 160 basis points.

Total Revenue
$4.96B
Previous year: $5.07B
-2.2%
EPS
$6.94
Previous year: $6.51
+6.6%
Total Segment Operating Margin
23.2%
Previous year: 21.5%
+7.9%
Adjusted Total Segment Operating Margin
26.3%
Previous year: 24.7%
+6.5%
Organic Sales Growth
0.9%
Gross Profit
$1.97B
Previous year: $1.8B
+9.4%
Cash and Equivalents
$409M
Previous year: $405M
+0.8%
Free Cash Flow
$542M
Previous year: $716M
-24.2%
Total Assets
$28.9B
Previous year: $29.6B
-2.2%

Parker-Hannifin

Parker-Hannifin

Parker-Hannifin Revenue by Segment

Parker-Hannifin Revenue by Geographic Location

Forward Guidance

For fiscal year ending June 30, 2025, the company expects sales growth of approximately (1%), with organic sales growth of approximately 1%. Total segment operating margin is expected to be approximately 22.7%, or approximately 25.9% on an adjusted basis. EPS is guided between $25.92 and $26.12, or $26.60 to $26.80 on an adjusted basis, including the effect of announced tariffs fully offset by mitigation actions.

Positive Outlook

  • Expected organic sales growth of approximately 1% for the fiscal year.
  • Anticipated adjusted total segment operating margin of approximately 25.9% for the fiscal year.
  • Forecasted adjusted EPS of $26.60 to $26.80 for the fiscal year.
  • Mitigation actions are expected to fully offset the effect of announced tariffs.
  • Commitment to achieving fiscal year 2029 financial targets.

Challenges Ahead

  • Expected overall sales decline of approximately (1%) for the fiscal year.
  • Divestitures are expected to negatively impact sales growth by (1.5%).
  • Unfavorable currency is expected to negatively impact sales growth by (0.5%).
  • Softness noted in transportation, off-highway, and energy markets in North America.
  • Need to manage through macroeconomic uncertainty, including tariffs.

Revenue & Expenses

Visualization of income flow from segment revenue to net income