Parker-Hannifin (PH) FY2022 results: revenue $15.9 billion, up 10.6% on the year
Parker-Hannifin Corp. (PH) reported revenue of $15.9 billion for fiscal 2022, the year ended 30 June 2022, up 10.6% on the year before. Net income was $1.3 billion, down 24.7%, and diluted earnings per share $10.09. The figures are the company's own, from the 10-K it filed with the SEC on 24 August 2022.
Revenue
$15.9 billion
+10.6% on the year
FY2015FY2022
Operating margin
18.8%
17.1% a year earlier
FY2015FY2022
Net income
$1.3 billion
-24.7% on the year
FY2015FY2022
Diluted EPS
$10.09
-24.4% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
2,442
2,575
2,071
-5.2%
Capital expenditure
230
210
233
+9.6%
Free cash flow
2,212
2,365
1,838
-6.5%
Free cash flow margin
13.9%
16.5%
13.4%
Cash from investing
-419
-0.0
-5,024
Cash from financing
3,916
-2,623
449
Depreciation and amortisation
571
595
538
-4.0%
Share-based compensation
137
121
111
+12.8%
Buybacks
460
219
216
+110.2%
Dividends paid
570
475
454
+19.9%
Dividend per share
$4.42
$3.67
$3.52
+20.4%
Diluted shares, weighted
130m
131m
130m
-0.4%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
8,848
8,398
6,227
+5.4%
Non-controlling interest
11.9
15.4
14.5
-22.5%
Debt
11,480
6,585
8,462
+74.3%
Operating lease liabilities
100
93.9
96.4
+6.9%
Finance lease liabilities
8.6
n/a
n/a
Other liabilities
5,495
5,249
5,088
+4.7%
Total liabilities and equity
25,944
20,341
19,888
+27.5%
Fixed assets
2,123
2,266
2,293
-6.3%
Goodwill
7,740
8,060
7,870
-4.0%
Intangible assets
3,136
3,520
3,799
-10.9%
Investments
27.9
39.1
70.8
-28.8%
Cash and equivalents
536
733
686
-26.9%
Inventory
2,215
2,091
1,964
+5.9%
Other assets
10,167
3,632
3,206
+179.9%
Total assets
25,944
20,341
19,888
+27.5%
10-K for the year ended 30 June 2022, filed 24 August 2022: the filing.