Parker-Hannifin said Diversified Industrial Segment net sales in 2025 decreased $793 million from 2024. Excluding the effects of currency exchange rates of approximately $63 million and divestiture activity of approximately $295 million, sales decreased $435 million.

10-KAnnual reportFiled Aug 22, 2025Period of report Jun 30, 2025Summary published (UTC) Oct 11, 2026

Key points

AI summary

Parker-Hannifin said Diversified Industrial Segment net sales in 2025 decreased $793 million from 2024. Excluding the effects of currency exchange rates of approximately $63 million and divestiture activity of approximately $295 million, sales decreased $435 million.
The company said Aerospace Systems Segment net sales in 2025 increased compared to the prior year, citing higher volume across all market segments, especially the commercial and defense aftermarkets, as the factor.
Parker-Hannifin announced on June 30, 2025 that it has agreed to acquire Curtis Instruments, Inc. from Rehlko for approximately $1.0 billion in cash. The company said the transaction is subject to customary closing conditions, including receipt of applicable regulatory approvals, and is expected to close by the end of 2025.
As of June 30, 2025, the company said it had $1.2 billion available for borrowing under a total line of credit of $3.0 billion. On August 21, 2025, the company increased the line of credit to $3.75 billion and updated the number of shares available for repurchase under its authorization to 20.0 million.

Key figures

Fiscal year ended June 30, 2025

Revenue: $19.9B
Operating income: $4.3B
Net income: $3.5B
EPS: $27.12
Operating cash flow: $3.8B

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Diversified Industrial Segment Net Sales Decrease and Factors

Parker-Hannifin said Diversified Industrial Segment net sales in 2025 decreased $793 million from 2024. Excluding the effects of currency exchange rates of approximately $63 million and divestiture activity of approximately $295 million, sales decreased $435 million.

Source · Based on the MD&A text of the filing

Aerospace Systems Segment Net Sales Increase

The company said Aerospace Systems Segment net sales in 2025 increased compared to the prior year, citing higher volume across all market segments, especially the commercial and defense aftermarkets, as the factor.

Source · Based on the MD&A text of the filing

Curtis Instruments Acquisition Agreement

Parker-Hannifin announced on June 30, 2025 that it has agreed to acquire Curtis Instruments, Inc. from Rehlko for approximately $1.0 billion in cash. The company said the transaction is subject to customary closing conditions, including receipt of applicable regulatory approvals, and is expected to close by the end of 2025.

Source · Based on the MD&A text of the filing

Line of Credit and Share Repurchase Authorization Updates

As of June 30, 2025, the company said it had $1.2 billion available for borrowing under a total line of credit of $3.0 billion. On August 21, 2025, the company increased the line of credit to $3.75 billion and updated the number of shares available for repurchase under its authorization to 20.0 million.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

Unauthorized scraping, data storage and database creation prohibited

Without prior written consent, you must not crawl or scrape data compiled and organized by Chickstock or its analysis and summaries, or collect them repeatedly or in bulk for storage, ingestion or database creation. Repurposing, redistribution, sale and use to build other services are also prohibited.

Unauthorized use may result in access restrictions, demands to stop infringement and delete copies, and claims for damages. Violations of applicable law may also give rise to criminal liability.

Uses permitted by law, the Terms of Service or a separate agreement remain subject to their respective scope. Rights in individual source materials, including original filings, remain with their respective rights holders.