We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Parker-Hannifin Q4 Earnings Beat, Aerospace Systems Sales Up Y/Y
Read MoreHide Full Article
Key Takeaways
{\"0\":\"PH\'s Q4 adjusted EPS rose 14% to $7.69, beating estimates on strong Aerospace and order growth.\",\"1\":\"Aerospace Systems sales climbed 9.7%, with orders up 12% on robust aftermarket demand.\",\"2\":\"Adjusted operating margin expanded 160 bps to 26.9% as cost control supported profitability.\"}
Parker-Hannifin Corporation (PH - Free Report) reported fourth-quarter fiscal 2025 (ended June 2025) adjusted earnings (excluding 54 cents from non-recurring items) of $7.69 per share, which beat the Zacks Consensus Estimate of $7.08. The bottom line jumped 14% year over year.
Total sales of $5.24 billion beat the consensus estimate of $5.10 billion. The top line increased 1.1% year over year. Organic sales grew 2.1%. Orders increased 5% year over year.
In fiscal 2025, PH reported net revenues of $19.9 billion, which decreased 0.4% year over year. The company’s adjusted earnings were $27.33 per share, up 7% year over year.
PH’s Segmental Details
The Diversified Industrial segment’s sales totaled $3.57 billion, representing 68% of total sales. On a year-over-year basis, the segment’s sales decreased 2.5%.
Sales from Diversified Industrial North America totaled $2.08 billion, down 6.9% year over year. The Zacks Consensus Estimate was pegged at $2.05 billion. Diversified International sales were $1.49 billion, up 4.3% year over year. The consensus mark was pegged at $1.41 billion.
Orders for Diversified Industrial North America increased 2% year over year, while Diversified Industrial International orders were flat on a year-over-year basis.
The Aerospace Systems segment generated sales of $1.68 billion, which accounted for 32% of total sales. Sales jumped 9.7% year over year, thanks to aftermarket sales growth in both commercial and defense markets. The Zacks Consensus Estimate was pegged at $1.64 billion. Orders for the Aerospace Systems unit increased 12% on a year-over-year basis.
Parker-Hannifin Corporation Price, Consensus and EPS Surprise
Parker-Hannifin’s cost of sales was $3.29 billion, down 1.1% year over year. Selling, general and administrative expenses increased 2.6% from the prior year to $839 million.
Adjusted total segment operating income increased 7.2% year over year to $1.41 billion. Adjusted total segment operating margin increased 160 basis points year over year to 26.9%.
PH’s Balance Sheet & Cash Flow
Exiting the fiscal fourth quarter, Parker-Hannifin had cash and cash equivalents of $467 million compared with $422 million at the end of fiscal 2024. Long-term debt was $7.49 billion compared with $7.16 billion at the end of fiscal 2024.
In fiscal 2025, Parker-Hannifin generated net cash of $3.78 billion from operating activities compared with $3.38 billion in the year-ago period.
Capital spending totaled $435 million in the fiscal year compared with $400 million in the year-ago period.
Parker-Hannifin paid out cash dividends of $861 million, up 10.1% year over year.
PH’s Fiscal 2026 Guidance Issued
Parker-Hannifin has issued its fiscal 2026 guidance. The company now expects total sales to increase 2-5% year over year. Organic sales are projected to increase 1.5-4.5%. Its adjusted operating margin is estimated to be 26.3-26.7%.
Parker-Hannifin currently expects adjusted earnings to be in the band of $28.40-$29.40 per share.
Dover Corporation (DOV - Free Report) reported earnings of $2.44 per share in second-quarter 2025, beating the Zacks Consensus Estimate of $2.39. This compares with earnings of $2.36 per share a year ago.
Dover posted revenues of $2.05 billion in the quarter, surpassing the Zacks Consensus Estimate by 0.6%. This compares with year-ago revenues of $2.18 billion.
Teck Resources Limited (TECK - Free Report) came out with earnings of $0.27 per share in the second quarter of 2025, beating the Zacks Consensus Estimate of $0.2. This compares with earnings of $0.58 per share a year ago.
Teck Resources posted revenues of $1.46 billion in the quarter, missing the Zacks Consensus Estimate by 8.7%. This compares with year-ago revenues of $2.83 billion.
Packaging Corporation of America (PKG - Free Report) reported earnings of $2.48 per share, beating the Zacks Consensus Estimate of $2.44. This compares with earnings of $2.2 per share a year ago.
Packaging Corp. posted revenues of $2.17 billion in the quarter, surpassing the Zacks Consensus Estimate by 0.5%. This compares with year-ago revenues of $2.08 billion.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Parker-Hannifin Q4 Earnings Beat, Aerospace Systems Sales Up Y/Y
Key Takeaways
Parker-Hannifin Corporation (PH - Free Report) reported fourth-quarter fiscal 2025 (ended June 2025) adjusted earnings (excluding 54 cents from non-recurring items) of $7.69 per share, which beat the Zacks Consensus Estimate of $7.08. The bottom line jumped 14% year over year.
Total sales of $5.24 billion beat the consensus estimate of $5.10 billion. The top line increased 1.1% year over year. Organic sales grew 2.1%. Orders increased 5% year over year.
In fiscal 2025, PH reported net revenues of $19.9 billion, which decreased 0.4% year over year. The company’s adjusted earnings were $27.33 per share, up 7% year over year.
PH’s Segmental Details
The Diversified Industrial segment’s sales totaled $3.57 billion, representing 68% of total sales. On a year-over-year basis, the segment’s sales decreased 2.5%.
Sales from Diversified Industrial North America totaled $2.08 billion, down 6.9% year over year. The Zacks Consensus Estimate was pegged at $2.05 billion. Diversified International sales were $1.49 billion, up 4.3% year over year. The consensus mark was pegged at $1.41 billion.
Orders for Diversified Industrial North America increased 2% year over year, while Diversified Industrial International orders were flat on a year-over-year basis.
The Aerospace Systems segment generated sales of $1.68 billion, which accounted for 32% of total sales. Sales jumped 9.7% year over year, thanks to aftermarket sales growth in both commercial and defense markets. The Zacks Consensus Estimate was pegged at $1.64 billion. Orders for the Aerospace Systems unit increased 12% on a year-over-year basis.
Parker-Hannifin Corporation Price, Consensus and EPS Surprise
Parker-Hannifin Corporation price-consensus-eps-surprise-chart | Parker-Hannifin Corporation Quote
PH’s Margin Profile
Parker-Hannifin’s cost of sales was $3.29 billion, down 1.1% year over year. Selling, general and administrative expenses increased 2.6% from the prior year to $839 million.
Adjusted total segment operating income increased 7.2% year over year to $1.41 billion. Adjusted total segment operating margin increased 160 basis points year over year to 26.9%.
PH’s Balance Sheet & Cash Flow
Exiting the fiscal fourth quarter, Parker-Hannifin had cash and cash equivalents of $467 million compared with $422 million at the end of fiscal 2024. Long-term debt was $7.49 billion compared with $7.16 billion at the end of fiscal 2024.
In fiscal 2025, Parker-Hannifin generated net cash of $3.78 billion from operating activities compared with $3.38 billion in the year-ago period.
Capital spending totaled $435 million in the fiscal year compared with $400 million in the year-ago period.
Parker-Hannifin paid out cash dividends of $861 million, up 10.1% year over year.
PH’s Fiscal 2026 Guidance Issued
Parker-Hannifin has issued its fiscal 2026 guidance. The company now expects total sales to increase 2-5% year over year. Organic sales are projected to increase 1.5-4.5%. Its adjusted operating margin is estimated to be 26.3-26.7%.
Parker-Hannifin currently expects adjusted earnings to be in the band of $28.40-$29.40 per share.
PH’s Zacks Rank
The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Other Companies
Dover Corporation (DOV - Free Report) reported earnings of $2.44 per share in second-quarter 2025, beating the Zacks Consensus Estimate of $2.39. This compares with earnings of $2.36 per share a year ago.
Dover posted revenues of $2.05 billion in the quarter, surpassing the Zacks Consensus Estimate by 0.6%. This compares with year-ago revenues of $2.18 billion.
Teck Resources Limited (TECK - Free Report) came out with earnings of $0.27 per share in the second quarter of 2025, beating the Zacks Consensus Estimate of $0.2. This compares with earnings of $0.58 per share a year ago.
Teck Resources posted revenues of $1.46 billion in the quarter, missing the Zacks Consensus Estimate by 8.7%. This compares with year-ago revenues of $2.83 billion.
Packaging Corporation of America (PKG - Free Report) reported earnings of $2.48 per share, beating the Zacks Consensus Estimate of $2.44. This compares with earnings of $2.2 per share a year ago.
Packaging Corp. posted revenues of $2.17 billion in the quarter, surpassing the Zacks Consensus Estimate by 0.5%. This compares with year-ago revenues of $2.08 billion.