Summary
Parker-Hannifin Corporation, a diversified manufacturer of motion and control technologies, reported $12.7 billion in net sales for the fiscal year ended June 29, 2015. The company operates through two main segments: Diversified Industrial (82% of sales) and Aerospace Systems (18% of sales), serving a vast array of mobile, industrial, and aerospace markets globally. Despite a broad product portfolio, no single product accounted for more than 1% of total net sales, indicating a diversified revenue stream. The company's extensive global presence across 40 U.S. states and 49 other countries, supported by a large network of direct sales employees and independent distributors, positions it to serve approximately 445,000 customers.
Financial Highlights
55 data pointsBeta
Financial Statements
Beta
| Revenue | $12.71B |
| Cost of Revenue | $9.66B |
| Gross Profit | $3.06B |
| R&D Expenses | $403.08M |
| SG&A Expenses | $1.54B |
| Operating Income | $1.84B |
| Interest Expense | $118.41M |
| Net Income | $1.01B |
| EPS (Basic) | $7.08 |
| EPS (Diluted) | $6.97 |
| Shares Outstanding (Basic) | 142.93M |
| Shares Outstanding (Diluted) | 145.11M |
Key Highlights
- 1Parker-Hannifin generated $12.7 billion in net sales for the fiscal year ended June 29, 2015.
- 2The company operates with a diversified business model, with 82% of sales from the Diversified Industrial segment and 18% from the Aerospace Systems segment.
- 3No single customer accounted for more than 4% of total net sales, and no single product contributed more than 1%, indicating low customer and product concentration risk.
- 4The company has a significant global footprint, with manufacturing, service, sales, distribution, and administrative facilities in 40 U.S. states and 49 other countries.
- 5Research and development costs for fiscal year 2015 were $403.1 million, demonstrating a commitment to innovation.
- 6The company's backlog at June 30, 2015, was $3.3 billion, with approximately 81% scheduled for delivery within the next twelve months.
- 7Parker-Hannifin's common stock is listed on the New York Stock Exchange under the ticker symbol 'PH'.