Parker Hannifin Corporation 2024 Investor Meeting

Investor Relations

FY24 Q4 Earnings Release & Webcast

Aug 8, 2024 11:00 am EDT

Latest Quarterly Results

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FY24 Q4 Earnings Release & Webcast

Latest Annual Report

For Fiscal Year Ending Jun 30, 2023

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Leading with Purpose

Parker has defined its unique contribution to the world through a new purpose statement: Enabling Engineering Breakthroughs that Lead to a Better Tomorrow. Our purpose is a platform for growth, change and positive impact. By aligning ourselves around purpose today, we will be better positioned for the challenges and opportunities of tomorrow.

his is a diagram of the Win Strategy (TM). At the top is the title "The Win Strategy(TM)" with Our Vision: Engineering Your Success. There are four goals expressed in four columns with Our Culture & Values below. In the first column the Goal is Engaged People and the strategies are: • Safety #1 • Environmental, Social & Governance • Ownership - Entrepreneurial • High Performance Teams & Leaders • Culture of Kaizen.  In the second column the Goal is Customer Experience and the strategies are: • Quality Solutions on Time • Digital Leadership • Ease of Doing Business  In the third column the Goal is Profitable Growth and the strategies are: • Strategic Positioning • Market-Driven Innovation • System Solutions • Strong Distribution • Grow Share • Acquisitions  In the last column the Goal is Financial Performance and the strategies are: • Simplification • Lean Enterprise • Strategic Supply Chain • Value Pricing

The Win Strategy

Parker’s business system, The Win Strategy™ is a proven set of tools and metrics to help our teams serve customers and grow profitably.

Download PDF

Expanding the Success of The Win Strategy™

Over time, we have continued to build upon the transformation of The Win Strategy™ to strengthen Parker's performance and position us for growth opportunities.

Original Win Strategy

Parker’s Business system

Tools and best practices for Parker's decentralized organization.

Win Strategy 2.0

Focus on top quartile performance

Elevating team member engagement and safety.

Win Strategy 3.0

Accelerating growth & margin expansion

Defining our purpose: Enabling engineering breakthroughs that lead to a better tomorrow.

Unmatched Breadth of Core Technologies





Engineered Materials

Process Control

Fluid & Gas Handling

Climate Control

Two-Thirds of Our Portfolio

Enables Clean Technology

Two-Thirds of Our Revenue

From customers who buy 4+ Parker technologies

Parker’s interconnected portfolio of technologies make the world cleaner, smarter and safer.

Parker’s Portfolio Transformation

Expanding Longer Cycle and Secular Trend Exposure

Parker has completed multiple strategic acquisitions that have transformed the company and strengthened our technology portfolio. This transformation has created a more resilient business with better organic growth profile, higher margins and more balance across economic cycles.


FY23 Update

This is a pie chart for FY23E showing that Parker's Longer Cycle plus secular trends has  risen from 31% to 37.4%, the Shorter Cycle is 29.2% and the Industrial Aftermarket is 33.4%.



Pattern of Record Performance

The actions Parker has taken as part of the Win Strategy have built a much more resilient and longer cycle business capable of weathering challenges. Our results, demonstrate the consistency with which Parker is executing and delivering record levels of performance.

Adjusted EPS1

Empty Cell FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY29
As Reported
$5.89 $7.25 $7.83 $11.57 $9.26 $13.35 $10.09 $16.04 Target

Adjusted EBITDA1

Empty Cell FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY29
As Reported
Net Income
$0.81B $0.98B $1.06B $1.53B $1.20B $1.75B $1.32B $2.08B Target

FY29 Targets2

We continue to see opportunities to take our performance to even higher levels, leading us to commit to new five-year financial targets that would place us among the top quartile of our diversified industrial peer companies. We have a very promising future ahead as we drive significant shareholder value.


Organic Growth


Adjusted Segment Operating Margin


Adjusted EBITDA Margin


Free Cash Flow Margin


Adjusted EPS Growth

A Better Tomorrow

Parker's ongoing sustainability journey includes:

  • A target to achieve carbon neutral operations by 2040.
  • Empowering our team members and strengthening our communities through D&I, Safety and CSR.
  • Helping customers achieve their sustainability goals with Parker technologies, which play a critical role in helping the world achieve clean energy goals.
View Sustainability

IR Contacts

Jeff Miller

Investor Relations

Parker-Hannifin Corporation
Jeff Miller
Vice President, Investor Relations
T: 216-896-2708

Transfer Agent

Equiniti Trust Company
1110 Centre Point Curve
Mendota Heights, MN 55120
United States

T: 800-468-9716
F: 651-450-4033


1 Adjusted numbers include certain non-GAAP financial measures. Click here for additional details and reconciliations.

2 Forward-looking statements contained in this and other written and oral reports are made based on known events and circumstances at the time of release, and as such, are subject in the future to unforeseen uncertainties and risks. Please click here for a full disclosure of forward-looking statements

3 Stock Quotes are adjusted for splits and dividends