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Jun 30, 2024
Parker-Hannifin Q4 2024 Earnings Report
Reported strong fourth quarter results capping a record year and issued guidance for fiscal year 2025.
Key Takeaways
Parker Hannifin reported a record fourth quarter with sales increasing by 2% to $5.2 billion and EPS increasing by 10% to $6.01. The company delivered record sales approaching $20 billion for the year, record adjusted segment operating margin, adjusted earnings per share growth of 18%, and record free cash flow of $3 billion.
Sales increased 2% to a record $5.2 billion; Organic sales growth was 3%.
Net income was $785 million, or $884 million adjusted.
EPS were $6.01, an increase of 10%, or a record $6.77 adjusted, an increase of 11%.
EBITDA margin was 25.8%, an increase of 90 bps, or 26.3% adjusted, an increase of 190 bps
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Parker issued guidance for the fiscal year ending June 30, 2025. The company expects total sales growth in fiscal 2025 of 1.5% - 4.5%, with organic sales growth of 2% to 5%. Total segment operating margin of 22.1% to 22.5%, or 25.2% to 25.6% on an adjusted basis. EPS of $22.65 to $23.35, or $26.30 to $27.00 on an adjusted basis.
Positive Outlook
- Total sales growth in fiscal 2025 of 1.5% - 4.5%
- Organic sales growth of 2% to 5%
- Total segment operating margin of 22.1% to 22.5%
- Adjusted segment operating margin of 25.2% to 25.6%
- EPS of $22.65 to $23.35, or $26.30 to $27.00 on an adjusted basis.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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