Parker-hannifin Corporation · NYSE:PH
Parker-hannifin — Wells Fargo Industrial Conference 2023
12 slides from Parker-hannifin's conference presentation, Jun 14, 2023
Slide 1: Parker Hannifin Corporation - Wells Fargo Industrial Conference
Parker Hannifin Corporation Wells Fargo Industrial Conference Todd Leombruno Chief Financial Officer June 14, 2023
Slide 2: Forward-Looking Statements and Non-GAAP Financial Measures
Forward-Looking Statements and Non-GAAP Financial Measures Forward-looking statements contained in this and other written and oral reports are made based on known events and circumstances at the time of release, and as such, are subject in the future to unforeseen uncertainties and risks. Often but
Slide 3: Parker Hannifin at-a-Glance
Parker Hannifin at-a-Glance (NYSE: PH) Engineering Customer Success in Motion & Control Markets for over 100 Years ▪ #1 Position in $135B Motion & Control Industry Operations in 45 countries across six continents Sales by Segment ▪ ~13% market share; goal to reach 20% ▪ A technology powerhouse of in
Slide 4: Our People, Portfolio & Strategy Transform Performance
Our People, Portfolio & Strategy Transform Performance A More Resilient, Better Parker 1 1 Adjusted EPS $20.75 Adjusted EBITDA 23.3% Midpoint 22.6% 3x EPS $18.72 Increased 860 21.3% bps 19.3% growth $15.04 18.3% $13.10 17.5% $12.44 $11.57 16.7% $8.86 14.7% $6.99 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY
Slide 5: Positioned for Growth Opportunities from Secular Trends
Positioned for Growth Opportunities from Secular Trends Aerospace Digital Electrification Clean Technology 5
Slide 6: Expanding Longer Cycle and Secular Trend Exposure
Expanding Longer Cycle and Secular Trend Exposure Revenue Mix Reflects Transforming Portfolio FY27 FY15 FY23E Illustration Longer Cycle Industrial Longer Industrial Aftermarket Cycle Industrial Longer LongerCycle Aftermarket Aftermarket + + Cycle Secular Trends Secular Trends Shorter Shorter Cycle S
Slide 7: Building on the Strengths of Parker's Transformation
Building on the Strengths of Parker’s Transformation Adjusted Segment Adjusted EPS1 Operating Margin 1 $30.00 Chart Title ▪ Deliver Meggitt synergies 25.0% ~50% Growth +250 bps ▪ Acceleration from Win Strategy 3.0 $20.75 22.5% ▪ Organic growth 4-6% over the cycle ▪ Focus on top quartile performance
Slide 8: LISTED PH NYSE
PH LISTED NYSE
Slide 9: Reconciliation of Earnings per Diluted Share to Adjusted Earnings per Diluted Share
Reconciliation of Earnings per Diluted Share to Adjusted Earnings per Diluted Share (Unaudited) (Amounts in Dollars) 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months ended ended ended ended ended ended ended ended 6/30/16 6/30/17 6/30/18 6/30/19* 6/30/20* 6/30/21 6/30/
Slide 10: Reconciliation of EBITDA to Adjusted EBITDA
Reconciliation of EBITDA to Adjusted EBITDA (Unaudited) (Dollars in millions) 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 9 Months ended ended ended ended ended ended ended ended 6/30/16 6/30/17 6/30/18 6/30/191 6/30/201 6/30/21 6/30/22 3/31/23 Net sales $ 11,361 $ 12,029 $
Slide 11: Reconciliation of Cash Flow from Operations to Adjusted Cash Flow and Free Cash Flow
Reconciliation of Cash Flow from Operations to Adjusted Cash Flow from Operations and Free Cash Flow Cash Provided by Operating Activities Reconciliation to GAAP (Unaudited) (Dollars in millions) FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22
Slide 12: Reconciliation of Segment Operating Margin to Adjusted Segment Operating Margin
Reconciliation of Segment Operating Margin to Adjusted Segment Operating Margin Fiscal Year 2023 Guidance (Unaudited) (Amounts in dollars) Fiscal Year 2023 Forecasted segment operating income ~18.3% Adjustments: Business realignment charges 0.2% Costs to achieve 0.5% Acquisition-related intangible a
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