HighGravityDataParker Hannifin — Jan 30, 2025 release
Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000076334-25-000007
Showing in the filing
Tax Rate As Reported
“~21%”
Period
FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 58
Aerospace & Defense (Current FY25) for FY2025
“~11%”
Aerospace & Defense Sales Growth (Current FY… for FY2025
“~11%”
In-Plant & Industrial (Current FY25) for FY2025
“LSD”
In-Plant & Industrial Sales Growth (Current … for FY2025
“LSD”
Off-Highway (Current FY25) for FY2025
“(HSD)”
FY25 Organic Forecast for FY2025
“~2%”
EPS Midpoint Adjusted for FY2025
“$26.70”
Parker Sales Growth As Reported for FY2025
“(2%) – 1%”
Reported Sales Growth for FY2025
“(2%) - 1%”
Reported Sales Growth Assumption - Currency for FY2025
“unfavorable (~1%)”
Currency unfavorable for FY2025
“(~1%)”
Divestitures impact for FY2025
“(~1.5%)”
Reported Sales Growth Assumption - Divestitu… for FY2025
“(~1.5%)”
Organic Sales Growth for Q3 FY2025
“~1.5%”
Reported Sales for Q3 FY2025
“~$4.9B”
Organic Sales Growth Assumption - Aerospace … for FY2025
“11%”
Adj. Operating Margin for FY2025
“~25.8%”
Parker Segment Operating Margin Adjusted for FY2025
“~25.8%”
Adj. Operating Margin Assumption - margin ex… for FY2025
“90 bps”
Adj. Operating Margin for Q3 FY2025
“~25.6%”
Adj. EPS for FY2025
“$26.40 - $27.00”
Tax rate for FY2025
“~22%”
Tax Rate Adjusted for FY2025
“~22%”
Adj. EPS for Q3 FY2025
“$6.65”
Free Cash Flow for FY2025
“$3.0B - $3.3B”
CapEx for FY2025
“~2% of sales”
Free Cash Flow Assumption - CapEx for FY2025
“~2% of sales”
Organic Sales Growth for FY2025
“~2%”
FCF Conversion for FY2025
“>100%”
Free Cash Flow Assumption - FCF Conversion for FY2025
“>100%”
Diversified Industrial - North America Busin… for FY2025
“(8%) – (5%)”
North America Businesses Sales Growth As Rep… for FY2025
“(8%) – (5%)”
Diversified Industrial - North America Busin… for FY2025
“(4%) – (1%)”
International Businesses Sales Growth As Rep… for FY2025
“(4%) – (1%)”
North America Businesses Sales Growth Organic for FY2025
“(4%) – (1%)”
International Businesses Sales Growth Organic for FY2025
“(1.5%) – 1.5%”
Aerospace Systems Segment Sales Growth As Re… for FY2025
“9.5% – 12.5%”
Parker Sales Growth Organic for FY2025
“0.5% – 3.5%”
North America Businesses Segment Operating M… for FY2025
“~23.2%”
North America Businesses Segment Operating M… for FY2025
“~25.4%”
International Businesses Segment Operating M… for FY2025
“~21.9%”
International Businesses Segment Operating M… for FY2025
“~24.1%”
Aerospace Systems Segment Operating Margin A… for FY2025
“~22.8%”
Aerospace Systems Segment Operating Margin A… for FY2025
“~28.0%”
Parker Segment Operating Margin As Reported for FY2025
“~22.7%”
EPS Midpoint As Reported for FY2025
“$24.76”
EPS Range As Reported for FY2025
“$24.46 - $25.06”
EPS Range Adjusted for FY2025
“$26.40 - $27.00”
Corporate G&A As Reported for FY2025
“~$215M”
Interest Expense Adjusted for FY2025
“~$405M”
Interest Expense As Reported for FY2025
“~$405M”
Other (Income) Expense As Reported for FY2025
“(~$215M)”
Other (Income) Expense Adjusted for FY2025
“~$45M”
Tax Rate As Reported for FY2025
“~21%”
Diluted Shares Outstanding for FY2025
“~130.7M”
Forecasted earnings per diluted share (As Re… for Q3 FY2025
“~$5.71”
Cash flow from operations for FY2025
“$3,400 to $3,700”
Capital Expenditures for FY2025
“~(400)”
Exhibit 99.1 · the passage around this item
… earlier in the release
Detail of Pre-Tax Adjustments to: Segment Margins Below Segment Acquired Intangible Asset Amortization ~$550M — Business Realignment Charges ~$50M ~$1.7M Integration Costs to Achieve ~$20M — Gain on Sale of Building __ (~$10.5M) Gain on Divestitures — (~$250M) Additional Items As Reported Adjusted1 Corporate G&A ~$215M ~$215M Interest Expense ~$405M ~$405M Other (Income) Expense (~$215M) ~$45M Tax Rate ~21% ~22% Diluted Shares Outstanding ~130.7M 18
(Dollars in thousands) (Unaudited) Quarter-to-Date As Reported Adjusted As Reported Net Sales December 31, 2024 December 31, 2024 December 31, 2023 Diversified Industrial 3,252,806$ 46,362$ 67,385$ 3,366,553$ 3,514,473$ Aerospace Systems 1,489,787 (58) - 1,489,729 1,306,474 Total Parker Hannifin 4,742,593$ 46,304$ 67,385$ 4,856,282$ 4,820,947$ As reported Currency Divestitures Organic Diversified Industrial (7.4)% (1.3)% (1.9)% (4.2)% Aerospace Systems 14.0 % 0.0 % 0.0 % 14.0 % Total Parker Hannifin (1.6)% (0.9)% (1.4)% 0.7 % Supplemental Information: As Reported Adjusted As Reported Net Sales December 31, 2024 December 31, 2024 December 31, 2023 Diversified Industrial: North America businesses 1,928,008$ 8,913$ 67,385$ 2,004,306$ 2,110,203$ International businesses Europe 697,997 10,175 - 708,172 772,351 Asia Pacific 552,813 14,609 - 567,422 553,076 Latin America 73,988 12,665 - 86,653 78,843 International businesses 1,324,798$ 37,449$ -$ 1,362,247$ 1,404,270$ As reported Currency Divestitures Organic Diversified Industrial: North America businesses (8.6)% (0.4)% (3.2)% (5.0)% International businesses Europe (9.6)% (1.3)%
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.