)
Company Research15 Apr 2024
The Industrial Machinery, Supplies, and Components Industry
Explore the industrial machinery industry's growth, driven by technology, sustainability, and digital transformation, impacting global economic development.
Parker-Hannifin (PH) investor relations material
Parker-Hannifin M&A Announcement summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.M&A Announcement summary11 Nov, 2025
Deal rationale and strategic fit
Acquisition adds complementary and proprietary filtration technologies for critical applications, expanding presence in Life Sciences, HVAC/R, refrigeration, and industrial markets.
Creates one of the largest global industrial filtration businesses with a broader portfolio and expected $2B sales in 2025.
Enhances recurring, high-margin aftermarket sales, increasing aftermarket mix by 500 basis points and generating 85% of sales in the aftermarket.
Aligns with strategy to acquire high-quality businesses that accelerate organic growth and transform the portfolio.
Strong cultural alignment and shared entrepreneurial, decentralized structure support integration.
Financial terms and conditions
Purchase price of $9.25B in cash, on a cash-free, debt-free basis, representing 19.6x expected 2025 Adjusted EBITDA, or 13.4x including synergies.
Funded with new debt and cash on hand; net debt to Adjusted EBITDA expected to reach ~3x, with a target to return to 2x in six quarters.
Filtration Group expects 2025 sales of $2B at a 23.5% adjusted EBITDA margin.
Transaction is accretive to adjusted EPS in the first year and to organic growth, EBITDA margin, and cash flow.
High single-digit ROIC expected by year five; $140M in tax benefits phased in over three years.
Synergies and expected cost savings
$220M in pre-tax cost synergies targeted by end of year three, representing 11% of sales.
Cost to achieve synergies estimated at ~$100M.
Synergies to be achieved through supply chain, lean processes, simplification, and productivity improvements using the WIN strategy.
No sales synergies included in justification, but potential exists.
Synergies expected to increase adjusted EBITDA margin and drive high single-digit cash ROIC by year five.
Detail the key drivers for $220M cost synergies
How does 85% aftermarket sales enhance Parker's stability?
Impact of specified products on market penetration?
Synergy sources for well-run private asset?
Optimize Filtration Group's go-to-market?
Confidence in 6-quarter deleveraging target?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Parker-Hannifin earnings date
Q2 202629 Jan, 2026
Next Parker-Hannifin earnings date
Q2 202629 Jan, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Parker-Hannifin Corporation designs, manufactures, and markets motion and control technologies and systems for various mobile, industrial, and aerospace markets internationally. The company offers pumps and hydrostatic components; drive systems; engine controls; satellite components, launch vehicles, and related services; positioning systems; industrial tools; valves and actuators; aircraft jet engines; aircraft propulsion products and aftermarket parts; gas turbine power generation equipment.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage