NYSE$PH

Parker-Hannifin Corp · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

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

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

Headline financials

Total Revenue

$4.9B

Previous: $4.85B+1.2%
EPS

$5.34

Previous: $5.96-10.4%
Total Segment Operating Margin

22.6%

No prior period
Adjusted Total Segment Operating Margin

25.7%

No prior period
Diversified Industrial Segment Operating Margin

22.7%

No prior period
Adjusted Diversified Industrial Segment Operating Margin

24.8%

No prior period
Aerospace Systems Segment Operating Margin

22.3%

No prior period
Adjusted Aerospace Systems Segment Operating Margin

27.9%

No prior period
DI North America Operating Margin

23.1%

No prior period
Adj. DI North America Operating Margin

25.3%

No prior period
DI International Operating Margin

22.1%

No prior period
Adj. DI International Operating Margin

24.1%

No prior period
Capital Expenditures

-$95.3M

Previous: -$97.7M+2.5%
Free Cash Flow

$603M

Previous: $553M+9.0%
Net Income

$699M

Previous: $651M+7.3%
Operating Income

$1.06B

Previous: $977M+8.2%
Gross Profit

$1.81B

Previous: $1.75B+3.2%
Cash & Equivalents

$371M

Previous: $449M-17.3%
Total Assets

$29.6B

Previous: $29.6B+0.0%
Stock-Based Comp

$75.8M

Previous: $77.9M-2.6%

Revenue & EPS history

Parker-Hannifin · Revenue · Quarterly

$4.9B

Q1 2025+1.2%vs Q1 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Parker-Hannifin · $1.23B total across 1 segment · Q1 2024

  • Aerospace Systems
    $1.23B+64.7%

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.

Tailwinds

  • 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

Headwinds

  • 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

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.1%

Avg return

Earnings day

+2.8%

Avg return

5 days after

+4.0%

Avg return

30 days after

55%

39 / 71 earnings

Positive

+11.2%

Q4 2024

Best reaction

-7.0%

Q1 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+0.1%-7.9%-10.9%
Q2 2026+3.6%+5.2%+10.1%
Q1 2026+7.7%+10.8%+13.7%
Q3 2025+0.8%+1.5%+9.9%
Q2 2025+5.7%+3.6%+0.4%
Q1 2025+1.7%+4.7%+12.6%
Q4 2024+11.2%+11.5%+11.5%
Q3 2024-1.2%+1.3%-2.1%
Q2 2024+9.9%+10.1%+15.8%
Q1 2024+8.3%+9.9%+18.8%
Q4 2023+2.0%+4.7%+4.1%
Q3 2023+3.1%+4.9%+5.4%
Q2 2023+6.5%+6.2%+9.5%
Q1 2023+5.4%+5.5%+4.9%
Q4 2022+1.0%-0.1%-8.7%
Q3 2022-6.6%-8.5%-4.7%
Q2 2022-5.2%-4.7%-11.2%
Q1 2022+7.1%+8.4%+0.4%
Q4 2021-1.6%-1.5%-4.4%
Q3 2021-1.6%-1.6%-3.4%
Q2 2021+3.0%+1.6%+10.6%
Q1 2021+9.0%+19.8%+26.5%
Q4 2020+6.5%+12.3%+11.7%
Q3 2020-2.4%-2.1%+14.7%
Q2 2020-1.7%+3.6%-7.2%
Q1 2020+1.0%+2.4%+2.5%
Q4 2019-3.5%-4.6%-5.3%
Q3 2019-0.1%-3.7%-15.4%
Q2 2019-0.4%+0.7%+6.7%
Q1 2019+6.6%+10.2%+13.5%
Q4 2018+4.1%+5.1%+6.0%
Q3 2018-2.3%-0.2%+5.3%
Q2 2018-5.4%-7.2%-12.8%
Q1 2018+1.9%+1.9%+2.8%
Q4 2017-0.0%-1.6%-0.9%
Q3 2017-2.3%-3.1%-3.2%
Q2 2017+3.3%+1.7%+8.0%
Q1 2017-1.6%-0.8%+10.8%
Q4 2016+6.4%+7.2%+8.6%
Q3 2016+3.1%
Q2 2016+4.1%
Q1 2016+1.3%
Q4 2015-0.2%
Q3 2015-4.2%
Q2 2015-4.6%
Q1 2015+5.7%
Q4 2014-4.5%
Q3 2014+3.4%
Q2 2014-6.4%
Q1 2014+7.7%
Q4 2013-2.8%
Q3 2013-0.7%
Q2 2013+2.1%
Q1 2013-0.2%
Q4 2012-1.5%
Q3 2012+1.8%
Q2 2012+3.4%
Q1 2012-7.0%
Q4 2011+7.6%
Q3 2011-1.5%
Q2 2011-0.4%
Q1 2011-0.1%
Q4 2010+1.7%
Q4 2008+1.7%
Q3 2010-5.1%
Q3 2009-5.1%
Q2 2010-4.1%
Q2 2009-4.1%
Q4 2009+1.8%
Q1 2010+1.8%
Q1 2009+1.8%

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