Parker Hannifin Corp (NYSE:PH)
$ 689.77 -19.69 (-2.78%) Market Cap: 88.79 Bil Enterprise Value: 101.14 Bil PE Ratio: 31.15 PB Ratio: 6.89 GF Score: 83/100

Parker-Hannifin Corp at Barclays Industrial Select Conference Transcript

Feb 21, 2024 / 03:20PM GMT
Release Date Price: $523.71 (+0.80%)
Julian C.H. Mitchell
Barclays Bank PLC, Research Division - Research Analyst

Great. Well, it's my pleasure to have up next Parker-Hannifin, Todd Leombruno, Chief Financial Officer. So Todd is going to start off with a few slides, and then we'll go into the main Q&A.

Todd M. Leombruno
Parker-Hannifin Corporation - Executive VP & CFO

Julian, thanks for having us. It's been a wonderful conference so far. Thanks for everyone for attending. I just have a few slides here. I'll try to go quickly. I know most people in the room are familiar with us. We are Parker-Hannifin. We've been in the motion control business for over 100 years. We've never been bigger. We've never been more profitable. We've never generated more cash than we are today. And I would tell you, the company is even more aligned on achieving margin expansion, changing the way we grow differently and, of course, trying to do the best we can on generating cash.

If you look at our guidance, we're guiding roughly $20 billion this year in full year sales. And we're really buoyed by

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