Parker-Hannifin PH

Industrial - Machinery, Industrials

$880.57

−1.42%

Market cap: $111B
PE: 30.9×; 10y median 24.8×
Forward PE: 24.6×; 10y median 18.8×
Price to sales: 5.2×
EV/EBIT: 23.1×
Revenue, 12 months: $21.5B; +8% on a year ago
Net margin: 17.0%
Free cash flow yield: 3.5%

Parker-Hannifin trades at 30.9× trailing earnings, pricier than 84% of the last ten years. Revenue was $21.5B over the last twelve months, up 8% on a year earlier with a 17% net margin.

Charts

Financials

Income statement for PH, by quarter
Income statement	Q1 FY24	Q2 FY24	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26
	$4.8B+15%	$4.8B+3%	$5.1B+0%	$5.2B+2%	$4.9B+1%	$4.7B−2%	$5B−2%	$5.2B+1%	$5.1B+4%	$5.2B+9%	$5.5B+11%	$5.8B+10%
Cost of revenue	$3.1B+11%	$3.1B−4%	$3.3B−2%	$3.3B+2%	$3.1B+0%	$3B−3%	$3.1B−5%	$3.3B−1%	$3.2B+3%	$3.2B+7%	$3.5B+11%	$3.5B+7%
Gross profit	$1.8B+22%	$1.7B+20%	$1.8B+4%	$1.9B+2%	$1.8B+3%	$1.7B+0%	$1.8B+2%	$2B+5%	$1.9B+6%	$1.9B+12%	$2B+10%	$2.2B+15%
SG&A	$873.7M+5%	$806.8M−1%	$816.3M−6%	$818.3M−2%	$848.8M−3%	$782.4M−3%	$785M−4%	$839.4M+3%	$873M+3%	$837M+7%	$884M+13%	$874M+4%
	$876.4M+46%	$912.2M+46%	$978.4M+15%	$1B−23%	$957.5M+9%	$937.9M+3%	$1B+7%	$1.1B+7%	$1B+8%	$1.1B+17%	$1.1B+8%	$1.4B+23%
Interest expense	$134.5M+14%	$129M−12%	$123.7M−19%	$119.3M−24%	$113.1M−16%	$100.8M−22%	$95.9M−23%	$99.2M−17%	$101M−11%	$106M+5%	$99M+3%	$95M−4%
Pre-tax income	$820.4M+63%	$868.2M+68%	$920M+22%	$986M+9%	$875.2M+7%	$1.2B+34%	$994.8M+8%	$1.1B+9%	$1B+19%	$1.1B−9%	$1.1B+13%	$1.3B+25%
	$169.4M+47%	$186.1M+54%	$193.3M+17%	$200.9M+4%	$176.7M+4%	$217.2M+17%	$33M−83%	$147.5M−27%	$232M+31%	$219M+1%	$215M+552%	$248M+68%
Net income	$650.8M+68%	$681.9M+73%	$726.6M+23%	$785M+11%	$698.4M+7%	$948.5M+39%	$960.9M+32%	$923M+18%	$808M+16%	$845M−11%	$904M−6%	$1.1B+18%
	$4.99+67%	$5.23+72%	$5.56+23%	$6.01+11%	$5.34+7%	$7.25+39%	$7.37+33%	$7.15+19%	$6.29+18%	$6.60−9%	$7.06−4%	$8.54+19%
	130.4M+0%	130.4M+0%	130.6M+0%	130.6M+0%	130.7M+0%	130.8M+0%	130.3M−0%	129M−1%	128.4M−2%	128.1M−2%	128M−2%	127.8M−1%

Gross profit: 36 periods, Q1 FY18 to Q4 FY26: not printed by the filing, worked out from its own lines.

Operating income: 72 periods, Q1 FY09 to Q4 FY26: not printed by the filing, worked out from its own lines.

Net income: 6 periods, Q4 FY21 to Q4 FY26: printed in the fourth-quarter results release.

EPS, diluted: Q4 FY09: quarter's net income to common over its shares, to the cent, the shares from counts implied by EPS, near the year's EPS less the nine months'. Q4 FY20: quarter's net income to common over its shares, to the cent. 6 periods, Q4 FY21 to Q4 FY26: printed in the fourth-quarter results release.

Diluted shares: Q2 FY09: not printed by the filing, worked out from its own lines. 11 periods, Q4 FY10 to Q4 FY20: share-days: the 12-month average less the 9-month, weighted by days. 6 periods, Q4 FY21 to Q4 FY26: printed in the fourth-quarter results release.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Estimates

Next earnings report: Nov 5, 2026.

Quarter	Revenue	Range	EPS	Range	Analysts
Q1 FY27	$5.8B	$5.8B to $5.8B	$8.21	$8.13 to $8.52	11
Q2 FY27	$6.1B	$6B to $6.2B	$8.56	$8.36 to $8.78	10
Q3 FY27	$6.4B	$6.1B to $6.5B	$9.07	$8.53 to $9.34	8
Q4 FY27	$6.6B	$6.3B to $6.8B	$9.94	$9.35 to $10.24	8
Q1 FY28	$6.4B	$6.2B to $6.6B	$9.37	$8.81 to $9.64	8
Q2 FY28	$6.5B	$6.2B to $6.6B	$9.52	$8.96 to $9.80	8
Q3 FY28	$6.8B	$6.4B to $6.9B	$9.99	$9.40 to $10.29	9
Q4 FY28	$7B	$6.7B to $7.2B	$10.83	$10.18 to $11.15	9

Peers

Companies in Industrial - Machinery nearest Parker-Hannifin's size, closest first.

Company	Market cap	PE	Its 10y median PE	Fwd PE	P/S	Revenue growth	Net margin
PHParker-Hannifin	$111B	30.9×	24.8×	24.6×	5.2×	+8%	17.0%
TTTrane Technologies	$97.9B	33.7×	25.3×	26.8×	4.4×	+7%	13.3%
EMREmerson Electric	$90.1B	35.4×	24.4×	22.8×	4.8×	+5%	13.8%
ITWIllinois Tool Works	$78.5B	25.0×	24.2×	23.5×	4.8×	+4%	19.4%
CMICummins	$71.2B	26.4×	18.2×	15.7×	2.1×	+3%	7.8%
GEVGE Vernova	$217.1B	23.3×	56.3×	39.7×	5.2×	+13%	23.0%
PCARPACCAR	$56.3B	22.5×	14.2×	16.2×	2.0×	−11%	9.0%
ROKRockwell Automation	$47.3B	39.9×	30.6×	29.3×	5.3×	+11%	13.4%
CARRCarrier Global	$46.4B	39.1×	18.8×	18.6×	2.1×	−2%	5.5%
OTISOtis Worldwide	$28.6B	19.3×	26.4×	17.5×	1.9×	+5%	10.2%
IRIngersoll Rand	$28.5B	30.2×	39.8×	19.6×	3.6×	+8%	12.1%
Peer median	$63.8B	28.3×	24.9×	21.2×	4.0×	+5%	12.7%