Income Statement
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Parker-Hannifin Corp., consolidated income statement (quarterly data)

US$ in thousands

3 months ended:	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016
Net sales	4,674,811)	4,232,775)	4,187,832)	4,086,387)	3,824,580)	3,762,809)	3,958,869)	3,746,326)	3,411,905)	3,230,540)	3,160,603)	3,702,432)	3,497,974)	3,334,511)	3,681,467)	3,687,518)	3,472,045)	3,479,294)	3,817,477)	3,749,591)	3,370,673)	3,364,651)	3,496,238)	3,119,139)	2,670,804)	2,743,131)
Cost of sales	(3,236,812)	(2,795,456)	(2,980,654)	(2,927,991)	(2,764,725)	(2,713,897)	(2,831,034)	(2,714,773)	(2,519,545)	(2,384,328)	(2,357,319)	(2,766,693)	(2,682,765)	(2,479,741)	(2,739,578)	(2,766,744)	(2,602,339)	(2,594,823)	(2,835,885)	(2,825,008)	(2,569,070)	(2,532,878)	(2,654,682)	(2,383,790)	(2,044,484)	(2,106,006)
Gross profit	1,437,999)	1,437,319)	1,207,178)	1,158,396)	1,059,855)	1,048,912)	1,127,835)	1,031,553)	892,360)	846,212)	803,284)	935,739)	815,209)	854,770)	941,889)	920,774)	869,706)	884,471)	981,592)	924,583)	801,603)	831,773)	841,556)	735,349)	626,320)	637,125)
Selling, general and administrative expenses	(814,966)	(835,804)	(426,210)	(412,431)	(380,710)	(407,765)	(414,048)	(386,831)	(356,572)	(369,851)	(352,793)	(413,460)	(491,121)	(399,179)	(391,493)	(360,865)	(397,259)	(394,322)	(422,423)	(420,595)	(412,462)	(401,672)	(402,352)	(392,036)	(336,578)	(322,969)
Operating income	623,033)	601,515)	780,968)	745,965)	679,145)	641,147)	713,787)	644,722)	535,788)	476,361)	450,491)	522,279)	324,088)	455,591)	550,396)	559,909)	472,447)	490,149)	559,169)	503,988)	389,141)	430,101)	439,204)	343,313)	289,742)	314,156)
Interest expense	(146,931)	(117,794)	(71,270)	(63,272)	(61,360)	(59,350)	(60,258)	(60,830)	(62,990)	(65,958)	(74,549)	(80,765)	(82,891)	(69,956)	(50,072)	(48,209)	(47,518)	(44,339)	(53,040)	(54,145)	(53,133)	(53,555)	(52,787)	(42,057)	(33,444)	(34,148)
Other income (expense), net	40,641)	19,624)	(591,530)	(248,704)	(127,461)	(10,052)	4,269)	13,460)	103,714)	4,892)	(5,374)	12,643)	13,549)	47,521)	13,024)	17,500)	6,225)	13,913)	(8,202)	19,984)	24,213)	(2,244)	14,194)	13,807)	64,424)	12,237)
Income before income taxes	516,743)	503,345)	118,168)	433,989)	490,324)	571,745)	657,798)	597,352)	576,512)	415,295)	370,568)	454,157)	254,746)	433,156)	513,348)	529,200)	431,154)	459,723)	497,927)	469,827)	360,221)	374,302)	400,611)	315,063)	320,722)	292,245)
Income taxes	(121,282)	(115,308)	10,738)	(85,901)	(102,595)	(120,282)	(151,884)	(125,619)	(129,015)	(93,578)	(74,873)	(86,788)	(50,148)	(94,115)	(99,610)	(117,819)	(119,241)	(83,824)	(144,599)	(103,697)	(303,899)	(88,767)	(107,252)	(76,216)	(79,322)	(82,007)
Net income	395,461)	388,037)	128,906)	348,088)	387,729)	451,463)	505,914)	471,733)	447,497)	321,717)	295,695)	367,369)	204,598)	339,041)	413,738)	411,381)	311,913)	375,899)	353,328)	366,130)	56,322)	285,535)	293,359)	238,847)	241,400)	210,238)
Noncontrolling interest in subsidiaries’ earnings	(224)	(183)	(75)	(71)	(129)	(306)	(176)	(86)	(191)	(308)	21)	(116)	(124)	(143)	(70)	(133)	(176)	(188)	(72)	(141)	(163)	(138)	(54)	(174)	(95)	(109)
Net income attributable to common shareholders	395,237)	387,854)	128,831)	348,017)	387,600)	451,157)	505,738)	471,647)	447,306)	321,409)	295,716)	367,253)	204,474)	338,898)	413,668)	411,248)	311,737)	375,711)	353,256)	365,989)	56,159)	285,397)	293,305)	238,673)	241,305)	210,129)

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Income statement item	Description	The company
Net sales	Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.	Parker-Hannifin Corp. net sales increased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.
Operating income	The net result for the period of deducting operating expenses from operating revenues.	Parker-Hannifin Corp. operating income decreased from Q4 2022 to Q1 2023 but then slightly increased from Q1 2023 to Q2 2023.
Income before income taxes	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	Parker-Hannifin Corp. income before income taxes increased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.
Net income attributable to common shareholders	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Parker-Hannifin Corp. net income attributable to common shareholders increased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.

Parker-Hannifin Corp. (NYSE:PH)

Income StatementQuarterly Data

Income Statement
Quarterly Data