Parker-Hannifin Corp

Listed Company

PHCIK 0000076334NYSELarge AcceleratedMiscellaneous Fabricated Metal ProductsOhioFY ends Jun 30

Period

FY 2025

Revenue

$19.85B

Net Income

$3.53B

Total Assets

$29.49B

Equity

$13.68B

Shares Out

126.22M

Op. Cash Flow

$3.78B

Business

Parker-Hannifin Corp is a global designer, manufacturer and aftermarket service provider of motion and control technologies. It offers highly engineered motion-control systems and components and aerospace systems, including pumps, valves, actuators, seals, filtration, fluid conveyance, thermal management, sensors, electronics and airframe/engine components. The company operates through two reportable segments—Diversified Industrial and Aerospace Systems—supplying both OEM and aftermarket customers with standard and custom engineered products. Parker serves worldwide markets across aerospace & defense, industrial and in-plant equipment, transportation, off-highway, energy, and HVAC & refrigeration through field sales, distributors and regional sales organizations.

Summary from filing dated 2025-08-22

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-06-30	FY 2021 2021-06-30
Net Sales	19,850	19,930	19,065	15,862	14,348
Cost of sales	12,535	12,802	12,636	10,550	9,605
Selling, general and administrative expenses	3,255	3,315	3,354	2,504	2,383
Interest expense	409	506	574	255	—
Other (income) expense, net	−183	−276	184	945	−28
Gain on sale of businesses and assets, net	−273	−12	−363	−7	—
Income before income taxes	4,107	3,595	2,680	1,614	2,247
Income taxes	575	750	596	298	500
Net Income	3,532	2,845	2,084	1,316	1,747
Less: Noncontrolling interest in subsidiaries' earnings	1	1	1	581,000	761,000
Net Income Attributable to Common Shareholders	3,531	2,844	2,083	—	—
Basic (in USD per share)	27.52	22.13	16.23	10.24	13.54
Diluted (in USD per share)	27.12	21.84	16.04	10.09	13.35

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-06-30	FY 2021 2021-06-30
Cash and cash equivalents	467	422	475	536	733
Trade accounts receivable, net	2,910	2,866	—	—	—
Non-trade and notes receivable	318	331	—	—	—
Inventories	2,839	2,787	2,908	2,215	2,091
Prepaid expenses	263	253	—	—	—
Other current assets	153	140	—	—	—
Total Current Assets	6,950	6,799	6,834	12,047	5,617
Property, plant and equipment	7,417	7,075	—	5,898	6,040
Less: Accumulated depreciation	4,480	4,199	—	3,775	3,774
Property, plant and equipment, net	2,937	2,876	—	2,123	2,266
Deferred income taxes	270	93	81	111	104
Other assets	1,269	1,207	—	—	—
Intangible assets, net	7,374	7,816	8,451	3,136	3,520
Goodwill	10,694	10,507	10,629	7,740	8,060
Total Assets	29,494	29,298	29,964	25,944	20,341
Notes payable and long-term debt payable within one year	1,791	3,403	3,763	—	—
Accounts payable, trade	2,126	1,992	2,051	1,732	1,668
Accrued payrolls and other compensation	587	581	651	470	507
Accrued domestic and foreign taxes	382	355	375	250	236
Other accrued liabilities	933	982	895	1,683	682
Total Current Liabilities	5,819	7,313	7,735	5,859	3,097
Long-term debt	7,494	7,157	8,796	—	—
Pensions and other postretirement benefits	267	437	552	640	1,056
Deferred income taxes	1,490	1,584	1,650	307	554
Other liabilities	733	726	893	522	639
Total Liabilities	15,803	17,217	19,626	17,084	11,928
Serial preferred stock, $.50 par value, authorized 3.0 shares; none issued	0	0	0	0	0
Common stock, $.50 par value, authorized 600.0 shares; issued 181.0 shares in 2025 and 2024	91	91	91	91	91
Additional paid-in capital	194	264	306	327	330
Retained earnings	21,775	19,105	17,042	15,662	14,915
Accumulated other comprehensive loss	−883	−1,438	−1,293	−1,543	−1,567
Treasury shares at cost: 54.4 shares in 2025 and 52.4 shares in 2024	−7,495	−5,950	−5,818	−5,688	−5,371
Total Shareholders' Equity	13,682	12,072	10,327	8,848	8,398
Noncontrolling interests	9	9	11	12	15
Total Equity	13,691	12,081	10,338	8,860	8,414
Total Liabilities and Equity	29,494	29,298	29,964	25,944	20,341

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-06-30	FY 2021 2021-06-30
Depreciation	354	349	317	257	270
Amortization	553	578	501	314	325
Stock incentive plan compensation	159	155	143	137	121
Deferred income taxes	−304	32	92	−351	−52
Foreign currency transaction loss (gain)	46	−38	46	−40	−11
(Gain) loss on disposal of property, plant and equipment	−20	12	4	−6	−109
Gain on sale of businesses	−253	−24	−366	−1	0
Other, net	14	20	18	70	14
Accounts receivable, net	6	−85	−17	−179	−299
Inventories	−94	101	53	−212	−86
Prepaid expenses	−9	−49	32	—	—
Other current assets	−11	−15	−30	—	—
Other assets	−63	−117	−109	—	—
Accounts payable, trade	119	−44	92	131	527
Accrued payrolls and other compensation	2	−64	87	−16	72
Accrued domestic and foreign taxes	−18	27	102	33	37
Other accrued liabilities	−173	−73	113	1,000	11
Pensions and other postretirement benefits	−21	−80	−109	2	18
Other liabilities	−43	−146	−73	−42	46
Net cash provided by operating activities	3,776	3,384	2,980	2,442	2,575
Acquisitions, net of cash acquired	0	0	−7,146	0	0
Capital expenditures	−435	−400	−381	−230	−210
Proceeds from sale of property, plant and equipment	32	9	13	39	141
Proceeds from sale of businesses	623	78	473	—	—
Payments of deal-contingent forward contracts	0	0	−1,405	0	0
Other, net	4	15	269	−235	25
Net cash provided by (used in) investing activities	224	−298	−8,177	−419	−13,000
Proceeds from exercise of stock options	4	4	3	3	5
Payments for common shares	−1,766	−332	−297	−460	−219
Acquisition of noncontrolling interests	0	−3	0	0	0
Proceeds from notes payable, net	−364	359	358	1,422	—
Proceeds from long-term borrowings	751	24	2,023	3,598	1
Payments for long-term borrowings	−1,741	−2,385	−2,341	−19	−1,212
Financing fees paid	0	0	−13	−59	0
Dividends paid	−861	−782	−704	−570	−475
Net cash used in financing activities	−3,977	−3,115	−971	3,916	−2,623
Effect of exchange rate changes on cash	22	−24	−5	−24	96
Net increase (decrease) in cash and cash equivalents and restricted cash	45	−53	−6,173	5,915	48
Interest	384	491	465	240	237
Income taxes and related interest, penalties and purchased credits, net of refunds	927	852	411	549	—

Filings

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