Parker-Hannifin (PH) Tops Q4 EPS by 6c, Offers Guidance

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Parker Reports Fiscal 2021 Fourth Quarter and Full Year Results and Issues Guidance for Fiscal 2022

August 5, 2021 7:30 AM EDT

All-time records for sales, net income, EPS, operating cash flow and segment operating marginsFourth quarter sales increased 25% to $3.96 billion, organic sales increased 22%Fourth quarter segment operating margin was 20.0% as reported, or 22.2% adjustedFourth quarter EPS increased 72% to $3.84 as reported, or $4.38 adjusted Full year net income was $1.75 billion; EPS were $13.35 as reported, or $15.04 adjustedFull year total segment operating margin was 18.4% as reported, or 21.1% adjustedFull year EBITDA margin was 21.6% as reported, or 21.3% adjustedFull year cash flow from operations was $2.58 billion,... More