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Parker-Hannifin Q4 Earnings Beat, Aerospace Systems Sales Up Y/Y
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Key Takeaways
PH's Q4 adjusted EPS rose 14% to $7.69, beating estimates on strong Aerospace and order growth.
Aerospace Systems sales climbed 9.7%, with orders up 12% on robust aftermarket demand.
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.
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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.