Parker-Hannifin Corp Earnings Per Share Disclosure
| 2025 | 2024 | 2023 | |||||||||||||||
| Numerator: | |||||||||||||||||
| Net income attributable to common shareholders | $ | 3,531 | $ | 2,844 | $ | 2,083 | |||||||||||
| Denominator: | |||||||||||||||||
| Basic - weighted-average common shares | 128.3 | 128.5 | 128.4 | ||||||||||||||
| Dilutive effect of equity-based awards | 1.9 | 1.7 | 1.5 | ||||||||||||||
| Diluted - weighted-average common shares | 130.2 | 130.2 | 129.9 | ||||||||||||||
Basic earnings per share(1) | $ | 27.52 | $ | 22.13 | $ | 16.23 | |||||||||||
Diluted earnings per share(1) | $ | 27.12 | $ | 21.84 | $ | 16.04 | |||||||||||
(1) Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated using unrounded numbers. | |||||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Aug 22, 2025 | Showing above |
| 2024 | Aug 22, 2024 | |
| 2023 | Aug 24, 2023 | |
| 2017 | Aug 25, 2017 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.