What are Parker-Hannifin's primary business segments and their contribution to sales?

Parker-Hannifin operates through three principal business segments: Industrial, Aerospace, and Climate & Industrial Controls. For the fiscal year ended June 30, 2008, the Industrial segment was the largest, accounting for 76% of total net sales. The Aerospace segment contributed 15%, and the Climate & Industrial Controls segment accounted for 9%.

What is the company's backlog and what does it signify for future performance?

As of June 30, 2008, Parker-Hannifin had a backlog of approximately $3,651,285,185. A significant portion, 83%, of this backlog was scheduled for delivery within the succeeding twelve months, suggesting strong near-term revenue visibility and continued business activity.

What are the key risks facing Parker-Hannifin as outlined in the filing?

Key risks identified include the company's significant exposure to foreign operations and associated currency fluctuations, political instability, and trade restrictions. Other risks involve fluctuations in demand and supply due to market acceptance, competition, industrial production levels, and raw material prices. The company also faces risks related to potential product liability, the successful integration of acquisitions, and compliance with environmental regulations.

How does Parker-Hannifin approach research and development?

Parker-Hannifin demonstrates a strong commitment to research and product development, investing $303,097,752 in fiscal year 2008. The company conducts R&D through its development laboratories and testing facilities worldwide, employing a staff of chemists, engineers, and physicists to innovate and improve its diverse range of motion and control technologies.

PH 10-K FY2008 Annual Report — Revenue, Net Income, EPS

Summary

Parker-Hannifin Corporation's 2008 10-K filing highlights a strong year for the diversified manufacturer of motion and control technologies. The company reported total net sales of over $12.1 billion, driven by its Industrial, Aerospace, and Climate & Industrial Controls segments. With a global presence spanning 40 U.S. states and 47 foreign countries, Parker-Hannifin serves a vast customer base across numerous industries, demonstrating a robust market position and broad diversification. Despite a competitive landscape, the company emphasizes its commitment to research and development, with significant investment in new products and technologies, signaling a focus on future growth and innovation. The substantial backlog of approximately $3.65 billion at fiscal year-end 2008, with 83% scheduled for delivery within the next twelve months, indicates strong demand and provides a solid foundation for the upcoming fiscal year. The company also addressed potential risks, including foreign operations, raw material price fluctuations, and environmental regulations, while maintaining effective internal controls and financial reporting.

Financial Highlights

37 data points

Beta

Revenue

$12.15B

0.2% Gross Margin

Net Income

$949.47M

0.1% Net Margin

EPS (Diluted)

$5.53

Total Assets

$10.39B

Cash & Equivalents

$326.05M

Free Cash Flow

$1.04B

Financial Statements

Beta

Revenue	$12.15B
Cost of Revenue	$9.34B
Gross Profit	$2.81B
R&D Expenses	$303.10M
SG&A Expenses	$1.36B
Interest Expense	$99.00M
Net Income	$949.47M
EPS (Basic)	$5.64
EPS (Diluted)	$5.53
Shares Outstanding (Basic)	168.29M
Shares Outstanding (Diluted)	171.64M

Key Highlights

1Total net sales reached $12,145,605,482 for the fiscal year ended June 30, 2008.
2The Industrial segment was the largest contributor to net sales, accounting for 76% of the total.
3The company reported a substantial backlog of $3,651,285,185 at the end of the fiscal year, with 83% expected for delivery within 12 months.
4Research and development costs amounted to $303,097,752 in fiscal year 2008, underscoring a commitment to innovation.
5Parker-Hannifin operates with a global footprint, with facilities in 40 U.S. states and 47 foreign countries.
6No single customer accounted for more than 3% of total net sales, indicating significant customer diversification.
7The company actively repurchased shares under its authorized program, demonstrating a commitment to returning value to shareholders.

Parker-Hannifin Corp Annual Report, Year Ended Jun 30, 2008

Summary

Financial Highlights

Key Highlights

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