PH Q1 2023 Earnings — Parker-Hannifin Corporation Revenue & Financial Results | Market Cap Arena

PHParker-Hannifin Corporation

$120B

Q1 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$4.2B+12.5% YoY

Gross Profit

$1.5B34.9% margin

Operating Income

$669M15.8% margin

Net Income

$388M9.2% margin

EPS (Diluted)

$2.98

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$457M

Free Cash Flow

$374M

Stock-Based Comp.

$65M

Balance Sheet

Total Assets

$30.0B

Total Liabilities

$21.2B

Stockholders' Equity

$8.8B

Cash & Equivalents

$502M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.2B	$3.8B	+12.5%
Gross Profit	$1.5B	$1.0B	+42.5%
Operating Income	$669M	$645M	+3.7%
Net Income	$388M	$451M	-14.0%

Revenue Segments

Diversified Industrial Segment

$3.5B82%

Aerospace Systems Segment

$746M18%

Geographic Segments

North America

$2.8B67%

Europe

$754M18%

Asia Pacific

$588M14%

Latin America

$56M1%