PH Q1 2024 Earnings — Parker-Hannifin Corporation Revenue & Financial Results | Market Cap Arena

PHParker-Hannifin Corporation

$120B

Q1 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$4.8B+14.5% YoY

Gross Profit

$1.8B36.3% margin

Operating Income

$895M18.5% margin

Net Income

$651M13.4% margin

EPS (Diluted)

$4.99

QoQ Revenue Growth

-4.9%

Cash Flow

Operating Cash Flow

$650M

Free Cash Flow

$552M

Stock-Based Comp.

$78M

Balance Sheet

Total Assets

$29.6B

Total Liabilities

$19.0B

Stockholders' Equity

$10.6B

Cash & Equivalents

$449M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.8B	$4.2B	+14.5%
Gross Profit	$1.8B	$1.5B	+18.9%
Operating Income	$895M	$669M	+33.8%
Net Income	$651M	$388M	+67.8%

Revenue Segments

Diversified Industrial Segment

$3.6B75%

Aerospace Systems Segment

$1.2B25%

Geographic Segments

North America

$3.3B68%

Europe

$942M19%

Asia Pacific

$554M11%

Latin America

$58M1%