Parker-Hannifin (PH) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter declined compared to both the immediately preceding period and the same period a year earlier. The decrease was driven by lower sales in the Diversified Industrial segment, partly offset by growth in Aerospace Systems, and was also affected by currency headwinds and divestitures.
Key takeaway
Quarter ended Dec 31, 2024 · FY2025 Q2
Revenue for the quarter declined compared to both the immediately preceding period and the same period a year earlier. The decrease was driven by lower sales in the Diversified Industrial segment, partly offset by growth in Aerospace Systems, and was also affected by currency headwinds and divestitures.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.7B
Revenue reported for this quarter.
Quarter-over-quarter
-3.3%
Change from the immediately preceding quarter.
Year-over-year
-1.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$19.9B
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 |
|---|---|---|
| Mar 31, 2024 | $5.1B | +0.3% |
| Jun 30, 2024 | $5.2B | +1.8% |
| Sep 30, 2024 | $4.9B | +1.2% |
| Dec 31, 2024 | $4.7B | -1.6% |
Revenue performance
Reported revenue was lower for the quarter, with the company noting that net sales decreased due to weaker performance in the Diversified Industrial segment, partially offset by higher sales in the Aerospace Systems segment. Currency exchange rate changes and divestiture activity also contributed to the decline.
Quarterly comparison
The quarterly revenue was down from the preceding three-month period and also fell compared to the same quarter one year earlier. The sequential decline extended a recent downward trend after a rise in the previous quarter.
What to watch
Monitor how ongoing currency fluctuations and divestiture impacts may continue to affect revenue in coming quarters.