Every material Form 8-K Parker Hannifin filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Parker Hannifin reported fiscal 2025 first-quarter results for the period ended September 30, 2024, with sales of $4.9 billion, up 1.2%, and diluted earnings per share of $5.34, up from $4.99 a year earlier. The company raised its fiscal 2025 EPS outlook to $22.78 to $23.48, reflecting the divestiture of its North America Businesses in the Diversified Industrial segment, which it expects to complete in the second quarter. Diversified Industrial sales fell while Aerospace Systems sales rose 17.8%, so shareholders' results depend on how the two segments perform.
Diluted EPS was $5.34 versus $4.99 a year earlier; adjusted EPS was $6.20, up 4%
Sales were $4.9 billion, up 1.2%, with organic sales growth of 1.4%
Aerospace Systems sales rose 17.8% to $1.45 billion; Diversified Industrial sales fell 4.5% on an as-reported basis
Fiscal 2025 EPS outlook raised to $22.78 to $23.48 and total sales growth guidance set at 0.5% to 3.5%
Parker Hannifin reported fiscal fourth-quarter 2024 sales of $5.2 billion, up 2%, and diluted earnings per share of $6.01, up 10% from a year earlier. It also issued fiscal 2025 guidance calling for total sales growth of 1.5% to 4.5% and EPS of $22.65 to $23.35. Shareholders get a higher quarterly profit and a forecast for the coming year, though the Diversified Industrial segment's sales declined.
Q4 sales rose 2% to $5.2 billion; Aerospace Systems sales rose 19.2% to $1.5 billion, while Diversified Industrial sales fell 4%
Q4 diluted EPS was $6.01, up 10%; adjusted EPS was $6.77, up 11%
Full-year fiscal 2024 diluted EPS was $21.84, up 36%; free cash flow was $2.98 billion
Fiscal 2025 guidance: EPS of $22.65 to $23.35 ($26.30 to $27.00 adjusted) and total sales growth of 1.5% to 4.5%
Parker-Hannifin's board elected E. Jean Savage as a director effective July 10, 2024, with a term running to the October 2024 annual shareholder meeting. She was also named to the Audit Committee and the Corporate Governance and Nominating Committee. The filing describes a routine board addition with no compensation figures disclosed beyond a pro-rated restricted stock unit award she is eligible for.
E. Jean Savage elected as a director effective July 10, 2024, term expires at October 2024 annual meeting
Appointed to the Audit Committee and the Corporate Governance and Nominating Committee
Eligible for pro-rated restricted stock unit award under non-employee director compensation arrangements
Company entered into an indemnification agreement with Ms. Savage on July 10, 2024
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Parker Hannifin filing is on SEC EDGAR ↗. 8-K briefs of other companies →