earnings
confidence high
sentiment positive
materiality 0.85
Parker-Hannifin Q4 adj EPS $9.27 (+21% YoY); raises long-term margin target to 30%
Parker-Hannifin Corp
- Q4 adjusted EPS $9.27 (+21% YoY); revenue $5.8B (+9.8%, organic +8.0%).
- Full year adjusted EPS $32.31 (+18%); revenue $21.5B (+8.3%).
- Raised adjusted segment operating margin target by 300 bps to 30% by FY31 (previously 27% achieved).
- Completed Curtis Instruments acquisition; announced Filtration Group and CIRCOR aerospace deals.
- Increased annual dividend 11%, 70th consecutive year; returned ~$2B to shareholders via buybacks and dividends.