Joseph O'Dea's questions to Parker-Hannifin (PH) leadership • Q4 2025
Question
Joseph O'Dea of Wells Fargo asked for more detail on the 8% aerospace growth forecast, focusing on margin mix implications between OE and aftermarket, and the expected contribution from Meggitt synergies. He also inquired about the latest sentiment from North American distributor partners.
Answer
Chairman & CEO Jennifer Parmentier reiterated the full-year aerospace growth outlook and expressed confidence in continued margin expansion. EVP & CFO Todd Leombruno added that $50 million in Meggitt synergies are still to be realized and will ramp through the year. Regarding distributors, Parmentier described sentiment as bullish with high quoting activity, though some project decisions are being delayed by tariff and interest rate uncertainty.