Parker-Hannifin Corp (PH) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that Parker-Hannifin Corp surfaced in its latest filing.

• Net sales outside the United States accounted for approximately 36% in 20252025
• Net sales outside the United States accounted for approximately 36% in 20242024
• Net sales outside the United States accounted for approximately 37% in 20232023
• We are designated as a potentially responsible party under the U.S. federal Superfund law and may be liable for clean-up costs at various waste sites, some on the EPA Superfund priority list
• Unable to consummate the Curtis Instruments, Inc. acquisition due to inability to obtain necessary regulatory approvals or support
• We face ongoing audits by non-U.S. and U.S. federal, state and local tax authorities, which could result in assessments different from estimated amounts
• Goodwill is tested for impairment annually as of January 1, in the third quarter or more often if events or changes in circumstances indicate potential impairment; impairment indicators include a decline in stock price and market capitalization, lower than projected operating results and cash flows, and slower growth rates in the industry