Parker-Hannifin Corporation: An Evolving Market Vertical Coverage Driving Growth! 

Parker-Hannifin Corporation delivered a robust performance in fiscal 2024, continually strengthening through strategic portfolio transformation and a particularly standout year for the Aerospace Systems segment. Although the company saw low single-digit sales growth overall, it succeeded in expanding margins significantly by 200 basis points in its Aerospace sector. This was highlighted by an 18% increase in earnings per share, a notable achievement following a 15% earnings growth in the previous fiscal year, and generating a record free cash flow of $3 billion. The fiscal year 2025 guidance presents an optimistic outlook, continuing this momentum with promising revenue forecasts, particularly bolstered by its Aerospace segment.