Parker 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
Parker Sales Growth As Reported
“(2%) – 1%”
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
13 Free Cash Flow1 11.9% 15.2% Cash Flow from Operations 14.0% 17.4% FY24 FY25 % to sales $1.7B Cash Flow from Operations +24.2% growth 17.4% Cash Flow from Operations Margin 15.2% Free Cash Flow Margin1 $1.5B Free Cash Flow1 +27.4% growth $1.5B YTD Debt Reduction (includes $0.6B proceeds from divestitures) Cash Flow Highlights FY25FY24
FY25 Guidance Update EPS Midpoint: $24.76 As Reported, $26.70 Adjusted 1. Includes certain non-GAAP adjustments and financial measures. See Appendix for additional details and reconciliations. 14 Guidance Metric FY25 Full Year Full Year Assumptions FY25 Q3 Midpoint Reported Sales (2%) - 1% Currency unfavorable (~1%) Divestitures impact (~1.5%) ~$4.9B Organic Sales Growth1 ~2% Raised Aerospace organic growth to 11% Continued delays in expected industrial recovery ~1.5% Adj. Operating Margin1 ~25.8% All segments expected to expand margins 90 bps margin expansion vs. prior year ~25.6% Adj. EPS1 $26.40 - $27.00 Full year tax rate ~22% Split: 1H: 48% | 2H: 52% $6.65 Free Cash Flow1 $3.0B - $3.3B CapEx: ~2% of sales FCF Conversion >100% - -
What Drives Parker Safety, Engagement, Ownership Living up to Our Purpose Top Quartile Performance Great Generators & Deployers of Cash 15
Upcoming Event Calendar FY25 Q3 Earnings Release May 1, 2025 FY25 Q4 Earnings Release August 7, 2025
Appendix FY25 Guidance Details Reconciliation of Organic Growth Adjusted Amounts Reconciliation – Consolidated Statement of Income Adjusted Amounts Reconciliation – Segment Operating Income Reconciliation of North American Filtration Division Margin to North American Filtration Division Adjusted Margin Reconciliation of EBITDA to Adjusted EBITDA Reconciliation of Free Cash Flow Margin Supplemental Sales Inform
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.