Parker-Hannifin (PH) Revenue — Quarter Ended Sep 30, 2024
Revenue declined from the prior quarter but increased compared with the same quarter last year. The year-over-year growth was driven by higher sales in the Aerospace Systems Segment, partly offset by lower sales in the Diversified Industrial Segment.
Key takeaway
Quarter ended Sep 30, 2024 · FY2025 Q1
Revenue declined from the prior quarter but increased compared with the same quarter last year. The year-over-year growth was driven by higher sales in the Aerospace Systems Segment, partly offset by lower sales in the Diversified Industrial Segment.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.9B
Revenue reported for this quarter.
Quarter-over-quarter
-5.5%
Change from the immediately preceding quarter.
Year-over-year
+1.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$20B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $4.8B | +3.1% |
| Mar 31, 2024 | $5.1B | +0.3% |
| Jun 30, 2024 | $5.2B | +1.8% |
| Sep 30, 2024 | $4.9B | +1.2% |
Revenue performance
The sequential decline reflects a moderation from the previous quarter's level, while the year-over-year gain continued the positive trend. The Aerospace Systems Segment contributed to the annual improvement, though the Diversified Industrial Segment experienced a pullback.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was lower, while versus the same quarter one year earlier, revenue was higher. This pattern highlights a mixed near-term performance against a strong prior-year comparison.
What to watch
Monitor the trajectory of both the Aerospace Systems and Diversified Industrial segments for signs of demand shifts that could affect revenue direction.