Below are the financial statements of Parker-Hannifin, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 19,929.61a | 19,065.19a | 15,861.61a |
| Cost of sales | -12,801.82a | -12,635.89a | -10,550.31a |
| Selling, general and administrative expenses | -3,315.18a | -3,354.1a | -2,504.06a |
| Interest expense | -506.5a | -573.89a | -255.25a |
| Other (income) expense, net | -276.89a | 184.17a | 944.88a |
| Gain on sale of businesses and assets, net | -11.6a | -362.53a | -7.12a |
| Income before income taxes | 3,594.6a | 2,679.66a | 1,614.23a |
| Income taxes | -749.67a | -596.13a | -298.04a |
| Net income | 2,844.94a | 2,083.54a | 1,316.19a |
| Less: noncontrolling interest in subsidiaries' earnings | 0.72a | 0.6a | 0.58a |
| Net income attributable to common shareholders | 2,844.22a | 2,082.94a | 1,315.61a |
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