Parker Hannifin — Jan 30, 2025 release

21   Reconciliation of North American Filtration Division Margin to North American Filtration Division Adjusted Margin 22 (Unaudited) (Amounts in percentages) 6 Months ended 12/31/23 6 Months ended 12/31/24 North American Filtration Division Margin 22.3% 22.5% Adjustments: Acquisition-related intangible asset amortization expense 2.9% 3.0% Business realignment charges 0.0% 0.2% North American Filtration Division Adjusted Margin 25.2% 25.7%   Reconciliation of EBITDA to Adjusted EBITDA (Dollars in thousands) Three Months Ended (Unaudited) December 31, 2024 % of Sales 2023 % of Sales Net sales $ 4,742,593 100.0% $ 4,820,947 100.0% Net income $ 948,649 20.0% $ 682,057 14.1% Income taxes 217,208 4.6% 186,108 3.9% Depreciation 87,697 1.8% 85,751 1.8% Amortization 138,126 2.9% 142,027 2.9% Interest expense 100,802 2.1% 129,029 2.7% EBITDA 1,492,482 31.5% 1,224,972 25.4% Adjustments: Business realignment charges 20,855 0.4% 14,354 0.3% Meggitt costs to achieve 6,893 0.1% 10,014 0.2% Gain on divestitures (249,748) -5.3% (12,391) -0.3% EBITDA - Adjusted $ 1,270,482 26.8% $ 1,236,949 25.7% EBITDA margin 31.5 % 25.4 % EBITDA margin - Adjusted 26.8 % 25.7 % 23   Reconciliation of Free Cash Flow Margin (Unaudited) (Dollars in thousands) 2024 2023 Net Sales 9,646,577$ 9,668,435$ Cash Flow from Operations 1,678,733$ 1,351,987$ Capital Expenditures (216,493) (204,117) Free Cash Flow 1,462,240$ 1,147,870$ Free Cash Flow Margin 15.2% 11.9% Six Months Ended December 31, 24   Supplemental Sales Information Global Technology Platforms 25 (Unaudited) (Dollars in thousands) 2024 2023 Net sales Diversified Industrial: Motion Systems $ 804,462 $ 917,966 Flow and Process Control 1,059,614 1,122,400 Filtration and Engineered Materials 1,388,730 1,474,107 Aerospace Systems 1,489,787 1,306,474 Total $ 4,742,593 $ 4,820,947 Three Months Ended December 31,   RECONCILIATION OF FORECASTED EARNINGS PER SHARE (Unaudited) (Amounts in dollars) Q3 Fiscal Year 2025 Forecasted earnings per diluted share ~$5.71 Adjustments: Business realignment charges 0.10 Costs to achieve 0.03 Acquisition-related intangible asset amortization expense 1.05 Tax effect of adjustments1 (0.24) Adjusted forecasted earnings per diluted share ~$6.65 Reconciliation of Q3 FY25 Guidance 1. This line item reflects the aggregate tax effect of all non-tax adjustments reflected in the preceding line items of the table. We estimate the tax effect of each adjustment item by applying our overall effective tax rate for continuing operations to the pre-tax amount, unless the nature of the item and/or the tax jurisdiction in which the item has been recorded requires application of a specific tax rate or tax treatment, in which case the tax effect of such item is estimated by applying such specific tax rate or tax treatment. *Totals may not foot due to rounding 26   Reconciliation of FY25 Guidance 1. This line item reflects the aggregate tax effect of all non-tax adjustments reflected in the preceding line items of the table. We estimate the tax effect of each adjustment item by applying our overall effective tax rate for continuing operations to the pre-tax amount, unless the nature of the item and/or the tax