Parker-Hannifin Corporation (PH) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$8.27	$9.27	+12.1%	—	$5.8B	—
Q3 26	$7.83	$8.17	+4.3%	—	$5.5B	—
Q2 26	$7.17	$7.65	+6.7%	—	$5.2B	—
Q1 26	$6.62	$7.22	+9.1%	—	$5.1B	—
Q4 25	$7.08	$7.69	+8.6%	—	$5.2B	—
Q3 25	$6.72	$6.94	+3.3%	—	$5B	—
Q2 25	$6.23	$6.53	+4.8%	—	$4.7B	—
Q1 25	$6.14	$6.2	+1.0%	—	$4.9B	—
Q4 24	$6.22	$6.77	+8.8%	—	$5.2B	—
Q3 24	$6.11	$6.51	+6.5%	—	$5.1B	—
Q2 24	$5.26	$6.15	+16.9%	—	$4.8B	—
Q1 24	$5.31	$5.96	+12.2%	—	$4.8B	—
Q4 23	$5.49	$6.08	+10.7%	—	$5.1B	—
Q3 23	$5.02	$5.93	+18.1%	—	$5.1B	—
Q2 23	$4.46	$4.76	+6.7%	—	$4.7B	—
Q1 23	$4.18	$4.74	+13.4%	—	$4.2B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	—	—	—	$21.5B	—
FY25	—	$27.5	—	—	$19.9B	—
FY24	—	$22.1	—	—	$19.9B	—
FY23	—	$16.2	—	—	$19.1B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$12B	$14.3B	$14.3B	$13.7B	$14.3B	$15.9B	$19.1B	$19.9B	$19.9B	$21.5B
YoY change	+5.88%	+18.9%	+0.13%	-4.36%	+4.76%	+10.6%	+20.2%	+4.53%	-0.4%	+8.31%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	12B	14.3B	14.3B	13.7B	14.3B	15.9B	19.1B	19.9B	19.9B	21.5B
Cost of revenue	9.1B	10.7B	10.7B	10.3B	9.6B	10.6B	12.6B	12.8B	12.5B	13.4B
Gross profit	2.9B	3.6B	3.6B	3.4B	4.7B	5.3B	6.4B	7.1B	7.3B	8.1B
Gross margin	24.2%	24.9%	25.4%	24.8%	33.1%	33.5%	33.7%	35.8%	36.9%	37.7%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.4B	1.6B	1.5B	1.7B	2.4B	2.5B	3.3B	3.3B	3.3B	3.5B
Operating expenses	1.4B	1.6B	1.5B	1.7B	2.4B	2.5B	3.3B	3.3B	3.3B	3.5B
Operating income	1.5B	1.9B	2.1B	1.7B	2.3B	2.8B	3.1B	3.8B	4.1B	4.6B
Operating margin	12.4%	13.5%	14.6%	12.8%	16.1%	17.7%	16.5%	19.1%	20.5%	21.6%
Non-operating income, net	-6.4M	-8.5M	52.2M	68.3M	179.3M	-937.8M	65.5M	273.6M	445M	316M
Pretax income	1.3B	1.7B	1.9B	1.5B	2.2B	1.6B	2.7B	3.6B	4.1B	4.6B
Income tax	344.8M	641M	424.4M	304.5M	500.1M	298M	596.1M	749.7M	575M	914M
Net income	983.8M	1.1B	1.5B	1.2B	1.7B	1.3B	2.1B	2.8B	3.5B	3.6B
Net margin	8.18%	7.42%	10.6%	8.78%	12.2%	8.3%	10.9%	14.3%	17.8%	17%
EBITDA	1.8B	2.4B	2.6B	2.4B	3B	2.4B	4.1B	5B	5.2B	5.8B
EPS	7.37	7.98	11.5	9.39	13.5	10.2	16.2	22.1	27.5	—
Diluted EPS	7.25	7.83	11.5	9.29	13.3	10.1	16	21.8	27.1	—

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	4.8B	4.8B	5.1B	5.2B	4.9B	4.7B	5B	5.2B	5.1B	5.2B	5.5B	5.8B
Cost of revenue	3.1B	3.1B	3.3B	3.3B	3.1B	3B	3.1B	3.3B	3.2B	3.2B	3.5B	3.5B
Gross profit	1.8B	1.7B	1.8B	1.9B	1.8B	1.7B	1.8B	2B	1.9B	1.9B	2B	2.2B
Gross margin	36.1%	35.7%	35.4%	35.9%	36.8%	36.3%	36.9%	37.3%	37.5%	37.3%	36.8%	39%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	873.7M	789.8M	816.3M	818.3M	848.8M	782.4M	784.4M	839.4M	873M	837M	884M	874M
Operating expenses	873.7M	789.8M	816.3M	818.3M	848.8M	782.4M	784.4M	839.4M	873M	837M	884M	874M
Operating income	876.4M	929.2M	978.4M	1B	957.5M	937.9M	1B	1.1B	1B	1.1B	1.1B	1.4B
Operating margin	18.1%	19.3%	19.3%	20.2%	19.5%	19.8%	21.1%	21.3%	20.3%	21.1%	20.7%	23.9%
Non-operating income, net	78.5M	66M	62M	52.6M	28M	326.3M	41.3M	49.4M	102M	74M	83M	57M
Pretax income	820.4M	868.2M	920M	986M	875.2M	1.2B	994.8M	1.1B	1B	1.1B	1.1B	1.3B
Income tax	169.4M	186.1M	193.3M	200.9M	176.7M	217.2M	33.6M	147.5M	232M	219M	215M	248M
Net income	651.1M	682.1M	726.7M	785.1M	698.5M	948.6M	961.2M	923.6M	808M	845M	904M	1.1B
Net margin	13.4%	14.1%	14.3%	15.1%	14.2%	20%	19.4%	17.6%	15.9%	16.3%	16.5%	19%
EBITDA	1.2B	1.2B	1.3B	1.3B	1.2B	1.2B	1.3B	1.4B	1.4B	1.4B	1.4B	1.7B
EPS	5.07	5.31	5.65	6.1	5.43	7.37	7.48	7.25	6.39	6.69	7.16	8.66
Diluted EPS	4.99	5.23	5.56	6.01	5.34	7.25	7.37	7.15	6.29	6.6	7.06	8.54

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	21.3B	20.7B	22.1B	23.5B	39.6B	31.6B	50.1B	65B	89.6B	—	122.3B
Enterprise value	26.3B	24.8B	25.8B	31.2B	45.4B	42.5B	62.1B	75.1B	98.4B	—	131.6B
Shares outstanding	133.4M	133M	130M	128.4M	129M	128.5M	128.4M	128.5M	128.3M	—	—

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	21.7	19.5	14.5	19.6	22.7	24	24	22.8	25.4	—	34.1
P/S	1.77	1.45	1.54	1.72	2.76	1.99	2.63	3.26	4.51	—	5.69
P/B	4.05	3.53	3.7	3.77	4.71	3.57	4.84	5.38	6.55	—	7.94
EV/EBITDA	14.6	10.4	10	13.3	15.3	17.5	15	15.1	18.9	—	23.2
EV/Sales	2.18	1.74	1.8	2.28	3.17	2.68	3.26	3.77	4.96	—	6.12
Earnings yield	4.62%	5.12%	6.9%	5.11%	4.41%	4.16%	4.16%	4.38%	3.94%	—	2.93%
FCF yield	5.15%	6.51%	6.95%	7.81%	5.97%	6.99%	5.19%	4.59%	3.73%	—	2.42%
PEG	—	—	—	—	—	—	—	—	—	—	1.75

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	24.2%	24.9%	25.4%	24.8%	33.1%	33.5%	33.7%	35.8%	36.9%	37.7%	39%
Operating margin	12.4%	13.5%	14.6%	12.8%	16.1%	17.7%	16.5%	19.1%	20.5%	21.6%	23.5%
Net margin	8.18%	7.42%	10.6%	8.78%	12.2%	8.3%	10.9%	14.3%	17.8%	17%	17%
ROE	18.7%	18.1%	25.6%	19.3%	20.8%	14.9%	20.2%	23.5%	25.8%	23.7%	25.1%
ROA	6.35%	6.93%	8.68%	6.05%	8.59%	5.07%	6.95%	9.71%	12%	11.8%	9.79%
ROIC	10.9%	12%	16.8%	9.99%	12.6%	11.6%	10.9%	13.6%	15.5%	15.8%	15.8%
Return on tangible assets	-329.2%	378.8%	49.2%	-34.9%	-62%	31.4%	-25.4%	-38.7%	-53.2%	-61.8%	-61.8%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	1.41	1.59	2.43	1.6	1.81	2.06	0.88	0.93	1.19	1.26	1.26
Quick ratio	0.95	1.08	1.9	0.98	1.14	1.68	0.51	0.55	0.71	0.74	0.74
Debt / equity	1.11	0.85	1.19	1.36	0.78	1.3	1.21	0.87	0.68	0.55	0.57
Debt / assets	0.38	0.32	0.4	0.43	0.32	0.44	0.42	0.36	0.31	0.28	0.28
Net debt / EBITDA	2.74	1.73	1.45	3.28	1.96	4.48	2.91	2.04	1.69	1.37	1.37
Interest coverage	9.18	8.96	11.3	5.89	9.99	7.32	5.67	8.1	11	12.4	12.4
Effective tax rate	26%	37.7%	21.8%	20.2%	22.3%	18.5%	22.2%	20.9%	14%	20%	20%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	90.2	107.5	110.2	106.6	111.2	123.4	148.5	155.1	154.7	—	170.2
EPS (basic)	7.37	7.98	11.5	9.39	13.5	10.2	16.2	22.1	27.5	—	—
EPS (diluted)	7.25	7.83	11.5	9.29	13.3	10.1	16	21.8	27.1	—	28.5
Book value per share	39.5	44.1	45.9	48.6	65.2	68.9	80.5	94	106.7	—	122.2
FCF per share	8.22	10.1	11.8	14.3	18.3	17.2	20.2	23.2	26	—	30.6
Cash per share	6.93	6.43	25.9	5.89	5.99	4.39	3.77	3.28	3.64	—	3.98
Capex per share	0.11	0.62	0.36	0.21	1.09	0.31	0.1	0.07	3.39	—	3.59

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	0.12%	0.57%	0.33%	0.19%	0.98%	0.25%	0.07%	0.05%	2.19%	2.13%	2.13%
Capex / operating cash flow	1.07%	5.33%	2.64%	1.16%	5.36%	2.75%	0.44%	0.25%	11.5%	10.5%	10.5%
Payout ratio	35.1%	34.4%	27%	37.7%	27.2%	43.3%	33.8%	27.5%	24.4%	25.7%	26%
Dividend yield	1.62%	1.76%	1.87%	1.93%	1.2%	1.8%	1.41%	1.2%	0.96%	—	0.82%

Yield

0.82%

trailing twelve months

Frequency

Quarterly

Last dividend

$2.00

ex-dividend Aug 31, 2026

Payout ratio

26%

of earnings

Dividend growth

9 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 31, 2026	$2.00
May 8, 2026	$2.00
Feb 6, 2026	$1.80

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	$4.8B	$4.8B	$5.1B	$5.2B	$4.9B	$4.7B	$5B	$5.2B	$5.1B	$5.2B	$5.5B	$5.8B
YoY change	+14.5%	+3.13%	+0.25%	+1.78%	+1.17%	-1.63%	-2.25%	+1.08%	+3.67%	+9.1%	+10.6%	+9.76%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	924.2M	855.1M	3.4B	756.3M	772.2M	563.7M	483.6M	422M	467M	501M
Receivables	1.9B	2.1B	2.1B	1.9B	2.2B	2.3B	2.8B	2.9B	2.9B	3.2B
Inventory	1.5B	1.6B	1.7B	2B	2.1B	2.2B	2.9B	2.8B	2.8B	3.2B
Total current assets	4.8B	5.1B	7.7B	5B	5.6B	12B	6.8B	6.8B	7B	7.7B
Property, plant & equipment	361.8M	277.5M	201.2M	519.7M	418.3M	339M	813.5M	746.3M	696M	766M
Goodwill & intangibles	15.8B	15B	14.5B	23.3B	23.2B	21.8B	38.2B	36.6B	36.1B	36.8B
Total assets	15.5B	15.3B	17.6B	19.9B	20.3B	25.9B	30B	29.3B	29.5B	30.9B
Accounts payable	1.3B	1.4B	1.4B	1.1B	1.7B	1.7B	2.1B	2B	2.1B	2.4B
Short-term debt	1B	638.5M	587M	809.5M	2.8M	1.7B	3.8B	3.4B	1.8B	1.8B
Total current liabilities	3.4B	3.2B	3.2B	3.1B	3.1B	5.9B	7.7B	7.3B	5.8B	6.1B
Long-term debt	4.9B	4.3B	6.5B	7.7B	6.6B	9.8B	8.8B	7.2B	7.5B	6.8B
Total liabilities	10.2B	9.5B	11.6B	13.6B	11.9B	17.1B	19.6B	17.2B	15.8B	15.5B
Shareholders' equity	5.3B	5.9B	6B	6.2B	8.4B	8.9B	10.3B	12.1B	13.7B	15.4B
Total debt	5.9B	5B	7.1B	8.5B	6.6B	11.5B	12.6B	10.6B	9.3B	8.5B
Net debt	5B	4.1B	3.9B	7.8B	5.9B	10.9B	12.1B	10.1B	8.8B	8B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Cash & short-term investments	456.9M	393.9M	415.5M	422M	371.1M	395.5M	408.7M	467M	473M	427M	476M	501M
Receivables	2.7B	2.6B	2.9B	2.9B	2.7B	2.4B	2.9B	2.9B	2.9B	2.8B	3.2B	3.2B
Inventory	3B	3.1B	3B	2.8B	2.9B	2.8B	2.8B	2.8B	3.1B	3.2B	3.2B	3.2B
Total current assets	6.8B	6.7B	6.9B	6.8B	7B	6.3B	6.8B	7B	7.2B	7.2B	7.6B	7.7B
Property, plant & equipment	-4B	-4.2B	-4.2B	746.3M	-4.3B	-4.2B	-4.3B	696M	-4.5B	-4.6B	-4.6B	766M
Goodwill & intangibles	37.4B	37.7B	37.1B	36.6B	36.7B	35.6B	35.7B	36.1B	37.8B	37.5B	37B	36.8B
Total assets	29.6B	29.7B	29.6B	29.3B	29.6B	28.3B	28.9B	29.5B	30.7B	30.5B	30.7B	30.9B
Accounts payable	2B	2B	2B	2B	2B	1.8B	2B	2.1B	2.1B	2.1B	2.3B	2.4B
Short-term debt	3.6B	3.7B	4.1B	3.4B	3.5B	2.4B	2B	1.8B	2.8B	2.4B	2.8B	1.8B
Total current liabilities	7.7B	7.5B	8B	7.3B	7.3B	6B	5.6B	5.8B	6.8B	6.1B	6.7B	6.1B
Long-term debt	8.6B	8.1B	7.3B	7.2B	6.7B	6.7B	7.4B	7.5B	7.5B	7.5B	6.8B	6.8B
Total liabilities	19B	18.4B	18B	17.2B	16.7B	15.1B	15.5B	15.8B	16.9B	16.2B	16.1B	15.5B
Shareholders' equity	10.6B	11.3B	11.6B	12.1B	12.9B	13.1B	13.4B	13.7B	13.8B	14.3B	14.6B	15.4B
Total debt	12.2B	11.8B	11.4B	10.6B	10.2B	9B	9.4B	9.3B	10.3B	9.9B	9.6B	8.5B
Net debt	11.7B	11.4B	11B	10.1B	9.8B	8.6B	9B	8.8B	9.9B	9.4B	9.1B	8B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	983.8M	1.1B	1.5B	1.2B	1.7B	1.3B	2.1B	2.8B	3.5B	3.6B
Depreciation & amortization	355.2M	466.1M	436.2M	537.5M	595.4M	571.8M	818.1M	927.1M	907M	937M
Stock-based compensation	80.3M	118.8M	104.1M	111.4M	121.5M	137.1M	142.7M	155.2M	159M	179M
Change in working capital	-89.9M	-69.5M	-334.1M	393.6M	198M	-311.1M	-163M	-371.6M	-107M	-157M
Operating cash flow	1.4B	1.5B	1.8B	2.3B	2.6B	1.4B	3B	3.6B	3.8B	4.4B
Capital expenditure	14.6M	81.9M	46.6M	26.3M	140.6M	39.4M	13.2M	9.1M	-435M	-459M
Investing cash flow	-3.2B	271.3M	-23.4M	-4.8B	209.9M	-188.8M	-7.8B	101.5M	192M	-1.4B
Dividends paid	-345.4M	-365.3M	-412.5M	-453.8M	-475.2M	-569.9M	-704.1M	-782M	-861M	-936M
Share repurchases	-338.1M	-381M	-860.1M	-216M	-218.8M	-460.1M	-297.3M	-332.1M	-1.8B	-1.3B
Financing cash flow	1.8B	-1.7B	899.8M	446.7M	-2.6B	3.9B	-974.5M	-3.1B	-4.3B	-3.7B
Net change in cash	-12.5M	121M	2.6B	-2.1B	206.5M	5.2B	-5.8B	596.5M	-377M	-737M
Free cash flow	1.1B	1.3B	1.5B	1.8B	2.4B	2.2B	2.6B	3B	3.3B	3.9B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Net income	651.1M	682.1M	726.7M	785.1M	698.5M	949.2M	961.4M	923.6M	808M	845M	904M	1.1B
Depreciation & amortization	240.4M	227.8M	228.3M	230.7M	229M	225.9M	222.7M	229.3M	232M	233M	235M	237M
Stock-based compensation	77.9M	30.2M	20.6M	26.5M	75.8M	30.5M	23.8M	29.2M	80M	28M	37M	34M
Change in working capital	-239.9M	26.1M	-325M	165.3M	-142.1M	98.5M	-14.4M	99.4M	-140M	-194M	-334M	484M
Operating cash flow	680.4M	946.3M	702.4M	1.3B	837.9M	1.4B	887.6M	1.5B	782M	862M	984M	1.7B
Capital expenditure	710K	650K	7.5M	160K	13.3M	259K	18.9M	-130.8M	-89M	-94M	-103M	-173M
Investing cash flow	41.8M	31.2M	18.5M	12.5M	8.7M	620.5M	20.8M	-120.8M	-1.1B	-94M	-98M	-154M
Dividends paid	-190.4M	-190.7M	-190.5M	-210.5M	-209.9M	-210.1M	-210.2M	-230.8M	-228M	-228M	-227M	-253M
Share repurchases	-79.3M	-59M	-102.6M	-91.2M	-93.8M	-98.3M	-667.9M	-906.1M	-522M	-145M	-340M	-255M
Financing cash flow	-788.8M	-518.3M	-701.6M	-1.1B	-1.1B	-1.4B	-780.7M	-1.5B	306M	-846M	-841M	-2.3B
Net change in cash	-66.7M	459.2M	19.4M	186.8M	-233.5M	599.2M	127.8M	-111.9M	4M	-78M	45M	-720M
Free cash flow	552.2M	595.7M	715.9M	1.1B	648.7M	813.2M	541.6M	1.3B	693M	768M	881M	1.6B

Date	Ratio
Oct 2, 2007	3:2
Sep 8, 1997	3:2
Jun 2, 1995	3:2
Jun 9, 1986	3:2

Parker-Hannifin Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history