Parker-Hannifin Q4 2024 Earnings Report
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
Parker-Hannifin
Parker-Hannifin
Parker-Hannifin Revenue by Segment
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.