Parker-Hannifin (PH) FY2025 results: revenue $19.9 billion, down 0.4% on the year
Parker-Hannifin Corp. (PH) reported revenue of $19.9 billion for fiscal 2025, the year ended 30 June 2025, down 0.4% on the year before. Net income was $3.5 billion, up 24.1%, and diluted earnings per share $27.12. The figures are the company's own, from the 10-K it filed with the SEC on 22 August 2025.
Revenue
$19.9 billion
-0.4% on the year
FY2018FY2025
Operating margin
21.9%
20.4% a year earlier
FY2018FY2025
Net income
$3.5 billion
+24.1% on the year
FY2018FY2025
Diluted EPS
$27.12
+24.2% on the year
FY2018FY2025
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
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
3,776
3,384
2,980
+11.6%
Capital expenditure
435
400
381
+8.7%
Free cash flow
3,341
2,984
2,599
+12.0%
Free cash flow margin
16.8%
15.0%
13.6%
Cash from investing
224
-299
-8,177
Cash from financing
-3,977
-3,115
-971
Depreciation and amortisation
907
927
818
-2.2%
Share-based compensation
159
155
143
+2.5%
Buybacks
1,766
332
297
+431.8%
Dividends paid
861
782
704
+10.1%
Dividend per share
$6.69
$6.07
$5.47
+10.2%
Diluted shares, weighted
130m
130m
130m
-0.0%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
13,682
12,072
10,327
+13.3%
Non-controlling interest
9.0
9.0
11.4
0.0%
Debt
9,285
10,560
12,559
-12.1%
Operating lease liabilities
154
180
187
-14.4%
Finance lease liabilities
102
98.0
101
+4.1%
Other liabilities
6,262
6,379
6,778
-1.8%
Total liabilities and equity
29,494
29,298
29,964
+0.7%
Fixed assets
2,937
2,876
2,865
+2.1%
Goodwill
10,694
10,507
10,629
+1.8%
Intangible assets
7,374
7,816
8,451
-5.7%
Investments
n/a
n/a
8.4
Cash and equivalents
467
422
475
+10.7%
Receivables
2,910
2,866
n/a
+1.6%
Inventory
2,839
2,787
2,908
+1.9%
Other assets
2,273
2,024
4,629
+12.3%
Total assets
29,494
29,298
29,964
+0.7%
10-K for the year ended 30 June 2025, filed 22 August 2025: the filing.