PH Q2 2024 Earnings — Parker-Hannifin Corporation Revenue & Financial Results | Market Cap Arena

PHParker-Hannifin Corporation

$120B

Q2 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$4.8B+3.1% YoY

Gross Profit

$1.7B35.9% margin

Operating Income

$935M19.4% margin

Net Income

$682M14.1% margin

EPS (Diluted)

$5.23

QoQ Revenue Growth

-0.5%

Cash Flow

Operating Cash Flow

$702M

Free Cash Flow

$596M

Stock-Based Comp.

$30M

Balance Sheet

Total Assets

$29.7B

Total Liabilities

$18.4B

Stockholders' Equity

$11.3B

Cash & Equivalents

$383M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.8B	$4.7B	+3.1%
Gross Profit	$1.7B	$1.4B	+19.9%
Operating Income	$935M	$662M	+41.3%
Net Income	$682M	$395M	+72.5%

Revenue Segments

Diversified Industrial Segment

$3.5B73%

Aerospace Systems Segment

$1.3B27%

Geographic Segments

North America

$3.2B67%

Europe

$948M20%

Asia Pacific

$584M12%

Latin America

$55M1%