UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Commission File number 1-4982 PARKER-HANNIFIN CORPORATION (Exact name of registrant as specified in its charter) | | | (State or other jurisdiction of Incorporation or Organization) Ohio 34-0451060 (I.R.S. Employer Identification No.) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) O ...

Parker-Hannifin Corp (NYSE:PH) Q2 2021 Results Conference Call February 4, 2021 11:00 AM ET Company Participants Todd Leombruno - Chief Financial Officer Tom Williams - Chairman & CEO Lee Banks - President & COO Conference Call Participants Joe Ritchie - Goldman Sachs Nicole DeBlase - Deutsche Bank Scott Davis - Melius Research Andrew Obin - Bank of America David Raso - Evercore Mig Dobre - Baird Nigel Coe - Wolfe Josh Pokrzywinski - Morgan Stanley Operator Ladies and gentlemen, thank you for standing by, a ...

Parker-Hannifin Corp (NYSE:PH) Q1 2021 Earnings Conference Call November 5, 2020 11:00 AM ET Company Participants Catherine Suever - EVP, Finance & Administration & CFO Thomas Williams - Chairman & CEO Todd Leombruno - VP & Controller Lee Banks - President, COO & Director Conference Call Participants Jamie Cook - Crédit Suisse Nathan Jones - Stifel, Nicolaus & Company John Inch - Gordon Haskett Research Advisors Jeffrey Sprague - Vertical Research Partners Nigel Coe - Wolfe Research David Raso - Evercore IS ...

Parker Hannifin Corporation 1st Quarter Fiscal Year 2021 Earnings Release PH LISTED ENGINEERING YOUR SUCCESS. November 5, 2020 Forward-Looking Statements and Non-GAAP Financial Measures 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. These statements may be identified from the use of forward-looking terminology such as "anticip ...

Parker Hannifin Corporation 4th Quarter & Fiscal Year 2020 Earnings Release PH LISTED NYSE ENGINEERING YOUR SUCCESS. August 6, 2020 Forward-Looking Statements and Non-GAAP Financial Measures 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. These statements may be identified from the use of forward-looking terminology such as "an ...

Financial Data and Key Metrics Changes - The company reported a fourth quarter adjusted earnings per share of $2.55, down from $3.31 in the previous year, reflecting a significant decline due to organic sales decreasing by 21% [40][41] - Operating margins for the fourth quarter were 17.4%, slightly down from 17.6% year-over-year, with a decremental margin of 19% [43][41] - Cash flow from operations reached a record $2.1 billion, representing 15.1% of sales, compared to 13.5% in the previous year [52][53] Business Line Data and Key Metrics Changes - In North America, organic sales decreased by 24.7%, while acquisitions contributed 7.6%, resulting in an adjusted operating margin of 16.5% [45] - The diversified industrial international segment saw a 16.4% decline in organic sales, with acquisitions contributing 5.4% and an adjusted operating margin of 16.8% [46] - Aerospace Systems experienced a 22.3% decline in organic sales, partially offset by a 14.3% contribution from acquisitions, leading to an operating margin increase to 20.4% [48] Market Data and Key Metrics Changes - Total orders decreased by 22% year-over-year, with North America down 29%, international down 21%, and Aerospace Systems down 5% [55] - The company anticipates a full year sales decrease of 10.7% to 6.7%, with an organic decline forecasted at a midpoint of 11.3% [58] Company Strategy and Development Direction - The company is focused on maintaining a strong cash generation history and has committed to a capital deployment strategy that includes strategic acquisitions to enhance resilience [14][24] - The Win Strategy continues to drive operational improvements and cost containment, with a focus on achieving top quartile performance in safety and engagement [12][26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate the pandemic's challenges, highlighting a strong operational performance and a commitment to safety [7][10] - The outlook for fiscal year 2021 includes a projected organic sales decline of approximately 11.3%, with expectations for modest improvement in the second half of the year [35][74] Other Important Information - The company achieved a cumulative debt reduction of $1.3 billion in fiscal year 2020, representing approximately 25% of the debt incurred for acquisitions [53] - Adjusted EBITDA for the fiscal year increased to 19.3%, up from 18.2% in the previous year, demonstrating resilience despite lower sales [51] Q&A Session Summary Question: Expectations for decremental margins - Management indicated that decremental margins are projected to range from 25% to 30% for fiscal year 2021, with Q4 performance benefiting from a favorable sales mix [71] Question: Improvement in June and July - Management noted improvements in June and July orders, with expectations for modest improvement in the first half of fiscal year 2021 [73] Question: Cost actions and their impact - Management clarified that discretionary cost actions will continue in Q1, with a gradual reduction expected in Q2, while permanent cost actions are anticipated to contribute significantly throughout the year [77][78] Question: End market trends and inventory levels - Management provided insights into end market trends, forecasting mild destocking in distribution and positive growth in sectors like life sciences and power generation [82][84]

Parker-Hannifin Corporation (NYSE:PH) Q3 2020 Earnings Conference Call April 30, 2020 11:00 AM ET Company Participants Cathy Suever – Chief Financial Officer Tom Williams – Chairman and Chief Executive Officer Lee Banks – President and Chief Operating Officer Conference Call Participants Nigel Coe – Wolfe Research Mig Dobre – Baird Andrew Obin – Bank of America David Raso – Evercore ISI Nathan Jones – Stifel Jamie Cook – Credit Suisse Nicole DeBlase – Deutsche Bank Ann Duignan – JP Morgan Steve Volkmann – J ...

Parker Hannifin Corporation 3rd Quarter Fiscal Year 2020 Earnings Release PH LISTED ENGINEERING YOUR SUCCESS. April 30, 2020 Forward-Looking Statements and Non-GAAP Financial Measures 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. These statements may be identified from the use of forward-looking terminology such as "anticipat ...