CLEVELAND, May 01, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today reported results for the quarter ended March 31, 2025, that included the following highlights (compared with the prior year quarter):
Fiscal 2025 Third Quarter Highlights:
Sales were $5.0 billion; organic sales growth was 1%
Net income was $961 million, an increase of 32%, or $904 million adjusted, an increase of 6%
EPS were $7.37, an increase of 33%, or $6.94 adjusted, an increase of 7%
Segment operating margin was 23.2%, an increase of 170 bps, or 26.3% adjusted, an increase of 160 bps
YTD cash flow from operations increased 8% to $2.3 billion, or 15.8% of sales
Repurchased $650 million of shares in the quarter
"Our third quarter performance demonstrates the strength of our business and our global team's ability to continue to deliver record results," said Jenny Parmentier, Chairman and Chief Executive Officer. "All reported businesses showed substantial margin expansion and helped us surpass 26% adjusted segment operating margin for the first time. We also produced record earnings per share, generated record cash flow from operations, and repurchased $650 million of shares. We recently announced a 10% increase in our quarterly cash dividend and are committed to our strategy of actively deploying capital to drive shareholder value, including acquisitions and increased share repurchase activity, depending on market conditions."
"The resiliency of our portfolio coupled with the power of our business system, The Win Strategy™, has enabled us to consistently deliver strong results through business cycles. With our decentralized structure and the agility of our global teams, we are confident in our ability to manage through macroeconomic uncertainty, including tariffs. We are fully committed to achieving our fiscal year 2029 financial targets."
This news release contains non-GAAP financial measures. Reconciliations of adjusted numbers and certain non-GAAP financial measures are included in the financial tables of this press release.
Outlook
Guidance for the fiscal year ending June 30, 2025 has been updated. The company expects:
Sales growth in fiscal 2025 of approximately (1%), with organic sales growth of approximately 1%; divestitures of (1.5%) and unfavorable currency of (0.5%)
Total segment operating margin of approximately 22.7%, or approximately 25.9% on an adjusted basis
EPS of $25.92 to $26.12, or $26.60 to $26.80 on an adjusted basis, and includes the effect of announced tariffs fully offset by mitigation actions
Segment Results
Diversified Industrial Segment
North America Businesses
$ in mm
FY25 Q3
FY24 Q3
Change
Organic Growth
Sales
$
2,031
$
2,231
-9.0
%
-3.5
%
Segment Operating Income
$
467
$
490
-4.8
%
Segment Operating Margin
23.0
%
22.0
%
100 bps
Adjusted Segment Operating Income
$
513
$
538
-4.8
%
Adjusted Segment Operating Margin
25.2
%
24.1
%
110 bps
Achieved record adjusted segment operating margin
Softness in transportation, off-highway and energy markets
Orders positive for second consecutive quarter
International Businesses
$ in mm
FY25 Q3
FY24 Q3
Change
Organic Growth
Sales
$
1,358
$
1,434
-5.3
%
-2.8
%
Segment Operating Income
$
312
$
310
0.7
%
Segment Operating Margin
23.0
%
21.6
%
140 bps
Adjusted Segment Operating Income
$
340
$
337
1.2
%
Adjusted Segment Operating Margin
25.1
%
23.5
%
160 bps
Achieved record adjusted segment operating margin
Organic growth: 2% APAC; (7%) EMEA; 8% LA
Orders accelerate on long-cycle strength
Aerospace Systems Segment
$ in mm
FY25 Q3
FY24 Q3
Change
Organic Growth
Sales
$
1,572
$
1,409
11.6
%
11.7
%
Segment Operating Income
$
373
$
289
28.9
%
Segment Operating Margin
23.7
%
20.5
%
320 bps
Adjusted Segment Operating Income
$
451
$
376
19.8
%
Adjusted Segment Operating Margin
28.7
%
26.7
%
200 bps
Achieved record sales on continued aftermarket strength
Delivered record adjusted segment operating margin
Aerospace backlog increased to a record $7.3 billion
Order Rates
FY25 Q3
Parker
+9
%
Diversified Industrial Segment - North America Businesses
+3
%
Diversified Industrial Segment - International Businesses
+11
%
Aerospace Systems Segment
+14
%
Parker order rates increased to 9% reflecting our transformed portfolio and long-cycle strength
Aerospace orders increased to 14% driven by strength in both commercial and defense
Orders remained positive across all reported businesses
About Parker Hannifin Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Learn more at www.parker.com or @parkerhannifin.
Notice of Webcast Parker Hannifin's conference call and slide presentation to discuss its fiscal 2025 third quarter results are available to all interested parties via live webcast today at 11:00 a.m. ET, at investors.parker.com. A replay of the webcast will be available on the site approximately one hour after the completion of the call and will remain available for one year. To register for e-mail notification of future events please visit investors.parker.com.
Note on Orders The company reported orders for the quarter ending March 31, 2025, compared with the same quarter a year ago. All comparisons are at constant currency exchange rates, with the prior year quarter restated to the current-year rates, and exclude divestitures. Diversified Industrial comparisons are on 3-month average computations and Aerospace Systems comparisons are on rolling 12-month average computations.
Note on Non-GAAP Financial Measures This press release contains references to non-GAAP financial information including (a) adjusted net income; (b) adjusted earnings per share; (c) adjusted segment operating margin for Parker and by segment; (d) adjusted segment operating income for Parker and by segment and (e) organic sales growth. The adjusted net income, adjusted earnings per share, adjusted segment operating margin, adjusted segment operating income and organic sales measures are presented to allow investors and the company to meaningfully evaluate changes in net income, earnings per share and segment operating margins on a comparable basis from period to period. Although adjusted net income, adjusted earnings per share, adjusted segment operating margin, adjusted segment operating income, and organic sales growth are not measures of performance calculated in accordance with GAAP, we believe that they are useful to an investor in evaluating the results of this quarter versus the prior period. Comparable descriptions of record adjusted results in this release refer only to the period from the first quarter of FY2011 to the periods presented in this release. This period coincides with recast historical financial results provided in association with our FY2014 change in segment reporting. A reconciliation of non-GAAP measures is included in the financial tables of this press release.
Forward-Looking Statements 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. Often but not always, these statements may be identified from the use of forward-looking terminology such as "anticipates," "believes," "may," "should," "could," "expects," "targets," "is likely," "will," or the negative of these terms and similar expressions, and may also include statements regarding future performance, orders, earnings projections, events or developments. Parker cautions readers not to place undue reliance on these statements. It is possible that the future performance may differ materially from expectations, including those based on past performance.
Among other factors that may affect future performance are: changes in business relationships with and orders by or from major customers, suppliers or distributors, including delays or cancellations in shipments; disputes regarding contract terms, changes in contract costs and revenue estimates for new development programs; changes in product mix; ability to identify acceptable strategic acquisition targets; uncertainties surrounding timing, successful completion or integration of acquisitions and similar transactions; ability to successfully divest businesses planned for divestiture and realize the anticipated benefits of such divestitures; the determination and ability to successfully undertake business realignment activities and the expected costs, including cost savings, thereof; ability to implement successfully business and operating initiatives, including the timing, price and execution of share repurchases and other capital initiatives; availability, cost increases of or other limitations on our access to raw materials, component products and/or commodities if associated costs cannot be recovered in product pricing; ability to manage costs related to insurance and employee retirement and health care benefits; legal and regulatory developments and other government actions, including related to environmental protection, and associated compliance costs; supply chain and labor disruptions, including as a result of tariffs and labor shortages; threats associated with international conflicts and cybersecurity risks and risks associated with protecting our intellectual property; uncertainties surrounding the ultimate resolution of outstanding legal proceedings, including the outcome of any appeals; effects on market conditions, including sales and pricing, resulting from global reactions to U.S. trade policies; manufacturing activity, air travel trends, currency exchange rates, difficulties entering new markets and economic conditions such as inflation, deflation, interest rates and credit availability; inability to obtain, or meet conditions imposed for, required governmental and regulatory approvals; changes in the tax laws in the United States and foreign jurisdictions and judicial or regulatory interpretations thereof; and large scale disasters, such as floods, earthquakes, hurricanes, industrial accidents and pandemics. Readers should also consider forward-looking statements in light of risk factors discussed in Parker's Annual Report on Form 10-K for the fiscal year ended June 30, 2024 and other periodic filings made with the SEC.
CONSOLIDATED STATEMENT OF INCOME
Three Months Ended
Nine Months Ended
(Unaudited)
March 31,
March 31,
(Dollars in thousands, except per share amounts)
2025
2024
2025
2024
Net sales
$
4,960,349
$
5,074,356
$
14,606,926
$
14,742,791
Cost of sales
3,129,951
3,279,650
9,249,899
9,478,961
Selling, general and administrative expenses
784,355
816,337
2,415,565
2,496,830
Interest expense
95,942
123,732
309,835
387,229
Other income, net
(44,713
)
(65,406
)
(404,230
)
(228,872
)
Income before income taxes
994,814
920,043
3,035,857
2,608,643
Income taxes
33,628
193,309
427,494
548,780
Net income
961,186
726,734
2,608,363
2,059,863
Less: Noncontrolling interests
320
160
535
611
Net income attributable to common shareholders
$
960,866
$
726,574
$
2,607,828
$
2,059,252
Earnings per share attributable to common shareholders:
Basic earnings per share
$
7.48
$
5.65
$
20.28
$
16.03
Diluted earnings per share
$
7.37
$
5.56
$
19.97
$
15.82
Average shares outstanding during period - Basic
128,442,623
128,502,829
128,619,515
128,467,209
Average shares outstanding during period - Diluted
130,320,802
130,593,026
130,576,225
130,169,331
CASH DIVIDENDS PER COMMON SHARE
Three Months Ended
Nine Months Ended
(Unaudited)
March 31,
March 31,
(Amounts in dollars)
2025
2024
2025
2024
Cash dividends per common share
$
1.63
$
1.48
$
4.89
$
4.44
RECONCILIATION OF ORGANIC GROWTH
(Unaudited)
Three Months Ended
As Reported
Adjusted
March 31, 2025
Currency
Divestitures
March 31, 2025
Diversified Industrial Segment
(7.6
)%
(1.5
)%
(2.9
)%
(3.2
)%
Aerospace Systems Segment
11.6
%
(0.1
)%
—
%
11.7
%
Total
(2.2
)%
(1.0
)%
(2.1
)%
0.9
%
(Unaudited)
Nine Months Ended
As Reported
Adjusted
March 31, 2025
Currency
Divestitures
March 31, 2025
Diversified Industrial Segment
(6.5
)%
(1.0
)%
(1.7
)%
(3.8
)%
Aerospace Systems Segment
14.3
%
0.1
%
—
%
14.2
%
Total
(0.9
)%
(0.7
)%
(1.2
)%
1.0
%
RECONCILIATION OF NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS TO ADJUSTED NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS
Three Months Ended
Nine Months Ended
(Unaudited)
March 31,
March 31,
(Dollars in thousands)
2025
2024
2025
2024
Net income attributable to common shareholders
$
960,866
$
726,574
$
2,607,828
$
2,059,252
Adjustments:
Acquired intangible asset amortization expense
135,964
141,216
414,211
438,763
Business realignment charges
10,379
8,468
40,740
35,914
Integration costs to achieve
5,447
13,256
18,751
29,676
Gain on sale of building
—
—
(10,461
)
—
Gain on divestitures
—
—
(249,748
)
(25,651
)
Saegertown incident
7,725
—
7,725
—
Tax effect of adjustments1
(36,689
)
(38,779
)
(82,337
)
(108,403
)
Discrete tax benefit2
(179,849
)
—
(179,849
)
—
Adjusted net income attributable to common shareholders
$
903,843
$
850,735
$
2,566,860
$
2,429,551
RECONCILIATION OF EARNINGS PER DILUTED SHARE TO ADJUSTED EARNINGS PER DILUTED SHARE
Three Months Ended
Nine Months Ended
(Unaudited)
March 31,
March 31,
(Amounts in dollars)
2025
2024
2025
2024
Earnings per diluted share
$
7.37
$
5.56
$
19.97
$
15.82
Adjustments:
Acquired intangible asset amortization expense
1.04
1.08
3.17
3.36
Business realignment charges
0.08
0.06
0.31
0.27
Integration costs to achieve
0.04
0.10
0.14
0.23
Gain on sale of building
—
—
(0.08
)
—
Gain on divestitures
—
—
(1.91
)
(0.20
)
Saegertown incident
0.06
—
0.06
—
Tax effect of adjustments1
(0.28
)
(0.29
)
(0.61
)
(0.82
)
Discrete tax benefit2
(1.37
)
—
(1.37
)
—
Adjusted earnings per diluted share
$
6.94
$
6.51
$
19.68
$
18.66
1 This line item reflects the aggregate tax effect of all non-tax adjustments reflected in the preceding line items of the table. We estimate the tax effect of each adjustment item by applying our overall effective tax rate for continuing operations to the pre-tax amount, unless the nature of the item and/or the tax jurisdiction in which the item has been recorded requires application of a specific tax rate or tax treatment, in which case the tax effect of such item is estimated by applying such specific tax rate or tax treatment.
2 Release of a tax valuation allowance.
BUSINESS SEGMENT INFORMATION
Three Months Ended
Nine Months Ended
(Unaudited)
March 31,
March 31,
(Dollars in thousands)
2025
2024
2025
2024
Net sales
Diversified Industrial
$
3,388,759
$
3,665,643
$
10,097,723
$
10,798,644
Aerospace Systems
1,571,590
1,408,713
4,509,203
3,944,147
Total net sales
$
4,960,349
$
5,074,356
$
14,606,926
$
14,742,791
Segment operating income
Diversified Industrial
$
779,103
$
800,211
$
2,273,211
$
2,359,299
Aerospace Systems
372,908
289,339
1,034,078
778,711
Total segment operating income
1,152,011
1,089,550
3,307,289
3,138,010
Corporate general and administrative expenses
43,698
56,782
148,756
162,340
Income before interest expense and other expense (income), net
1,108,313
1,032,768
3,158,533
2,975,670
Interest expense
95,942
123,732
309,835
387,229
Other expense (income), net
17,557
(11,007
)
(187,159
)
(20,202
)
Income before income taxes
$
994,814
$
920,043
$
3,035,857
$
2,608,643
RECONCILIATION OF SEGMENT OPERATING MARGINS TO ADJUSTED SEGMENT OPERATING MARGINS
Three Months Ended
Nine Months Ended
(Unaudited)
March 31,
March 31,
(Dollars in thousands)
2025
2024
2025
2024
Diversified Industrial Segment sales
$
3,388,759
$
3,665,643
$
10,097,723
$
10,798,644
Diversified Industrial Segment operating income
$
779,103
$
800,211
$
2,273,211
$
2,359,299
Adjustments:
Acquired intangible asset amortization
61,600
66,409
189,434
201,669
Business realignment charges
10,249
6,953
38,492
32,877
Integration costs to achieve
2,072
1,292
3,477
3,302
Adjusted Diversified Industrial Segment operating income
1 This line item reflects the aggregate tax effect of all non-tax adjustments reflected in the preceding line items of the table. We estimate the tax effect of each adjustment item by applying our overall effective tax rate for continuing operations to the pre-tax amount, unless the nature of the item and/or the tax jurisdiction in which the item has been recorded requires application of a specific tax rate or tax treatment, in which case the tax effect of such item is estimated by applying such specific tax rate or tax treatment.
2 Release of a tax valuation allowance.
Note: Totals may not foot due to rounding
SUPPLEMENTAL INFORMATION
BUSINESS SEGMENT INFORMATION
Three Months Ended
Nine Months Ended
(Unaudited)
March 31,
March 31,
(Dollars in thousands)
2025
2024
2025
2024
Net sales
Diversified Industrial:
North America businesses
$
2,030,970
$
2,231,478
$
6,059,302
$
6,571,587
International businesses
1,357,789
1,434,165
4,038,421
4,227,057
Segment operating income
Diversified Industrial:
North America businesses
$
467,064
$
490,452
$
1,378,194
$
1,458,355
International businesses
312,039
309,759
895,017
900,944
RECONCILIATION OF ORGANIC GROWTH
(Unaudited)
Three Months Ended
As Reported
Adjusted
March 31, 2025
Currency
Divestitures
March 31, 2025
Diversified Industrial Segment:
North America businesses
(9.0
)%
(0.8
)%
(4.7
)%
(3.5
)%
International businesses:
Europe
(8.6
)%
(1.7
)%
—
%
(6.9
)%
Asia Pacific
(0.8
)%
(3.0
)%
—
%
2.2
%
Latin America
(0.2
)%
(8.1
)%
—
%
7.9
%
International businesses
(5.3
)%
(2.5
)%
—
%
(2.8
)%
(Unaudited)
Nine Months Ended
As Reported
Adjusted
March 31, 2025
Currency
Divestitures
March 31, 2025
Diversified Industrial Segment:
North America businesses
(7.8
)%
(0.6
)%
(2.7
)%
(4.5
)%
International businesses:
Europe
(8.1
)%
(0.4
)%
—
%
(7.7
)%
Asia Pacific
0.8
%
(1.9
)%
—
%
2.7
%
Latin America
(3.3
)%
(13.9
)%
—
%
10.6
%
International businesses
(4.5
)%
(1.8
)%
—
%
(2.7
)%
RECONCILIATION OF SEGMENT OPERATING MARGINS TO ADJUSTED SEGMENT OPERATING MARGINS
Three Months Ended
Nine Months Ended
(Unaudited)
March 31,
March 31,
(Dollars in thousands)
2025
2024
2025
2024
Diversified Industrial Segment:
North America businesses sales
$
2,030,970
$
2,231,478
$
6,059,302
$
6,571,587
North America businesses operating income
$
467,064
$
490,452
$
1,378,194
$
1,458,355
Adjustments:
Acquired intangible asset amortization
40,209
43,945
124,169
133,327
Business realignment charges
4,218
3,058
13,106
8,892
Integration costs to achieve
1,038
841
2,088
2,348
Adjusted North America businesses operating income
$
512,529
$
538,296
$
1,517,557
$
1,602,922
North America businesses operating margin
23.0
%
22.0
%
22.7
%
22.2
%
Adjusted North America businesses operating margin
25.2
%
24.1
%
25.0
%
24.4
%
Three Months Ended
Nine Months Ended
(Unaudited)
March 31,
March 31,
(Dollars in thousands)
2025
2024
2025
2024
Diversified Industrial Segment:
International businesses sales
$
1,357,789
$
1,434,165
$
4,038,421
$
4,227,057
International businesses operating income
$
312,039
$
309,759
$
895,017
$
900,944
Adjustments:
Acquired intangible asset amortization
21,391
22,464
65,265
68,342
Business realignment charges
6,031
3,895
25,386
23,985
Integration costs to achieve
1,034
451
1,389
954
Adjusted International businesses operating income
$
340,495
$
336,569
$
987,057
$
994,225
International businesses operating margin
23.0
%
21.6
%
22.2
%
21.3
%
Adjusted International businesses operating margin
Davidson Instruments, a world leader in the development of fiber optic pressure measurement systems for use in harsh industrial applications, alleges that Parker-Hannifin Corporation (NYSE:PH) is responsible for the filing of a fraudulent patent application in 2024, other fraudulent patent filings, and other acts of theft and misappropriation of Davidson's trade secrets. Davidson's trade secrets can eliminate greenhouse gas emissions and also maximize fuel efficiency in jet engines and other industrial combustion turbine engines when used with advanced combustion control systems.
Davidson alleges that Parker misappropriated Davidson's proven trade secret technology after Parker failed to
CLEVELAND, May 08, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Robert W. Malone, Vice President and President – Filtration Group, will retire on August 31, 2025, after 12 years of dedicated service to the company. Parker's Board of Directors has elected Matthew A. Jacobson, currently Vice President of Operations – Motion Systems Group, to succeed Mr. Malone as Vice President and President – Filtration Group, effective July 1, 2025. Mr. Malone was elected as Vice President and President – Filtration Group in 2014. He joined Parker in 2013 as Vice President of Operations for the Filtration Group.
CLEVELAND, May 01, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today reported results for the quarter ended March 31, 2025, that included the following highlights (compared with the prior year quarter): Fiscal 2025 Third Quarter Highlights: Sales were $5.0 billion; organic sales growth was 1%Net income was $961 million, an increase of 32%, or $904 million adjusted, an increase of 6%EPS were $7.37, an increase of 33%, or $6.94 adjusted, an increase of 7%Segment operating margin was 23.2%, an increase of 170 bps, or 26.3% adjusted, an increase of 160 bpsYTD cash flow from operations increased 8% to $2.3 billion, or 1
CLEVELAND, May 08, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Robert W. Malone, Vice President and President – Filtration Group, will retire on August 31, 2025, after 12 years of dedicated service to the company. Parker's Board of Directors has elected Matthew A. Jacobson, currently Vice President of Operations – Motion Systems Group, to succeed Mr. Malone as Vice President and President – Filtration Group, effective July 1, 2025. Mr. Malone was elected as Vice President and President – Filtration Group in 2014. He joined Parker in 2013 as Vice President of Operations for the Filtration Group.
CLEVELAND, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Joachim Guhe, President - Europe, Middle East and Africa (EMEA) Group, will retire after 32 years of dedicated service. Mr. Guhe will step down from his current role on June 30, 2025, but continue with the company until August 31, 2025, to ensure a successful leadership transition. The company has appointed Thomas Ottawa, currently Vice President of Operations - Motion Systems Group Europe, to succeed Mr. Guhe as President - Europe, Middle East and Africa (EMEA) Group, effective July 1, 2025. "In the more than three decades he spen
Industry veteran Kevin Vicha appointed CEO of Axillon Aerospace, a leading provider of specialty materials for the defense and commercial aerospace markets.
SK Capital, a private investment firm focused on the specialty materials, ingredients and life sciences sectors, completed its previously announced acquisition of the North America Composites & Fuel Containment Division of Parker Hannifin Corporation (NYSE:PH). The business, which has been renamed Axillon Aerospace ("Axillon Aerospace" or the "Company"), is a leading provider of engineered carbon fiber composite components and fuel containment solutions for the defense and commercial aerospace markets. Axillon Aerospace generates annua
CLEVELAND, May 01, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today reported results for the quarter ended March 31, 2025, that included the following highlights (compared with the prior year quarter): Fiscal 2025 Third Quarter Highlights: Sales were $5.0 billion; organic sales growth was 1%Net income was $961 million, an increase of 32%, or $904 million adjusted, an increase of 6%EPS were $7.37, an increase of 33%, or $6.94 adjusted, an increase of 7%Segment operating margin was 23.2%, an increase of 170 bps, or 26.3% adjusted, an increase of 160 bpsYTD cash flow from operations increased 8% to $2.3 billion, or 1
CLEVELAND, April 24, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a quarterly cash dividend of $1.80 per share of common stock to shareholders of record as of May 9, 2025. The dividend is payable June 6, 2025. The dividend represents a 10% increase over the previous quarterly cash dividend of $1.63 per common share and will be the 300th consecutive quarterly dividend paid by the company. "This dividend increase reflects the Board's confidence in our financial position and continued ability to generate strong cash flows through the business cycle," said Jenny Pa
CLEVELAND, April 22, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2025 third quarter earnings before the market opens on Thursday, May 1, 2025, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2025 third quarter results and respond to questions from institutional investors and securities analysts. The conference call will be webcast simultaneously on Parker's investor website at investors.parker.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later th
