Parker reports fiscal 2025 second quarter results

Cleveland, jan. 30, 2025 (globe newswire) -- parker hannifin corporation (nyse: ph), the global leader in motion and control technologies, today reported results for the quarter ended december 31, 2024, that included the following highlights (compared with the prior year quarter): fiscal 2025 second quarter highlights: sales were $4.7 billion; organic sales growth was 1% net income was $949 million, an increase of 39%, or $853 million adjusted, an increase of 6% eps were $7.25, an increase of 39%, or $6.53 adjusted, an increase of 6% segment operating margin was 22.1%, an increase of 100 bps, or 25.6% adjusted, an increase of 110 bps ytd cash flow from operations increased 24% to $1.7 billion, or 17.4% of sales “our performance this quarter reflects our focus on operational excellence and the strength of our balanced portfolio,” said jenny parmentier, chairman and chief executive officer. “we delivered record segment operating margin across all businesses, record earnings per share and year-to-date cash flow from operations.
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