Financials

Parker-Hannifin Corporation financials

PH Machinery

Parker-Hannifin Corporation, founded in 1918 and headquartered in Cleveland, Ohio, specializes in advanced motion and control technologies for sectors like aerospace and industrial automation. Under CEO Thomas L. Williams, the company leverages a diversified product portfolio that includes flagship hydraulic and filtration systems. Its business model, driven by both product innovation and strategic acquisitions, has secured a strong global market presence. Ongoing investments in digital and sustainable technologies signal promising future growth.

Snapshot

Parker-Hannifin Corporation reported $19.85B in revenue in fiscal 2025, up -0.4% year over year, with an operating margin of 20.5%.

Revenue (FY2025): $19.85B
YoY growth: +-0.4%
Operating margin: 20.5%
Direction: Expanding

Financial statements

In thousands, USD
	FY 2025	FY 2024	FY 2023	FY 2022
Total Revenues	19,850,000	19,930,000	19,065,000	15,861,600
Cost of Sales	12,535,000	12,802,000	12,636,000	10,550,300
Gross Profit	7,315,000	7,128,000	6,429,000	5,311,300
Selling, General & Administrative Expenses	3,255,000	3,315,000	3,354,000	2,504,060
Operating Profit	4,060,000	3,813,000	3,075,000	2,807,240
Interest Expense	(409,000)	(506,000)	(574,000)	(255,252)
Non-Operating Income	456,000	288,000	179,000	(937,760)
Total Non-Operating Income	47,000	(218,000)	(395,000)	(1,193,010)
Income Before Provision for Income Taxes	4,107,000	3,595,000	2,680,000	1,614,230
Provision for Income Taxes	575,000	750,000	596,000	298,040
Consolidated Net Income	3,532,000	2,845,000	2,084,000	1,316,190
Net Income Attributable to Minority Interests and Other	1,000	1,000	1,000	581
Net Income Attributable to Common Shareholders	3,531,000	2,844,000	2,083,000	1,315,610
Basic EPS	27.52	22.13	16.23	10.24
Diluted EPS	27.12	21.84	16.04	10.09
Basic Weighted Average Shares Outstanding	128,300	128,500	128,400	128,539
Diluted Weighted Average Shares Outstanding	130,200	130,200	129,900	130,353
Shares Outstanding	126,600	128,604	128,433	128,451

In thousands, USD
	FY 2025	FY 2024	FY 2023	FY 2022
Cash and Cash Equivalents	467,000	422,000	475,182	535,799
Short-Term Investments	—	—	—	27,862
Total Cash and Cash Equivalents	467,000	422,000	475,182	563,661
Accounts Receivable	2,910,000	2,866,000	2,827,300	2,341,500
Other Receivables	318,000	331,000	309,167	543,757
Total Trade Receivables	3,228,000	3,197,000	3,136,460	2,885,260
Inventories	2,839,000	2,787,000	2,907,880	2,214,550
Other Current Assets	416,000	393,000	314,704	6,383,170
Total Current Assets	6,950,000	6,799,000	6,834,230	12,046,600
Net Property, Plant & Equipment	2,937,000	2,876,000	2,865,030	2,122,760
Net Intangible Assets	7,374,000	7,816,000	8,450,610	3,135,820
Goodwill	10,694,000	10,507,000	10,628,600	7,740,080
Long-Term Investments	—	—	1,104,580	788,057
Other Long-Term Assets	1,539,000	1,300,000	81,429	110,585
Total Assets	29,494,000	29,298,000	29,964,500	25,943,900
Accounts Payable	2,126,000	1,992,000	2,050,930	1,731,930
Accrued Expenses	969,000	936,000	1,025,890	720,424
Short-Term Debt	1,791,000	3,403,000	3,763,180	1,724,310
Other Current Liabilities	933,000	982,000	895,371	1,682,660
Total Current Liabilities	5,819,000	7,313,000	7,735,370	5,859,320
Long-Term Debt	7,494,000	7,157,000	8,796,280	9,755,830
Other Long-Term Liabilities	2,490,000	2,747,000	3,094,540	1,468,880
Total Long-Term Liabilities	9,984,000	9,904,000	11,890,800	11,224,700
Total Liabilities	15,803,000	17,217,000	19,626,200	17,084,000
Common Stock	91,000	91,000	90,523	90,523
Treasury Stock	(7,495,000)	(5,950,000)	(5,817,790)	(5,688,430)
Additional Paid-in Capital	194,000	264,000	305,522	327,307
Accumulated Other Comprehensive Income	(883,000)	(1,438,000)	(1,292,870)	(1,543,200)
Retained Earnings	21,775,000	19,105,000	17,041,500	15,661,800
Total Common Shareholders' Equity	13,682,000	12,072,000	10,326,900	8,848,010
Minority Interests and Other	9,000	9,000	11,391	11,909
Total Shareholders' Equity	13,691,000	12,081,000	10,338,300	8,859,920
Total Liabilities and Shareholders' Equity	29,494,000	29,298,000	29,964,500	25,943,900

In thousands, USD
	FY 2025	FY 2024	FY 2023	FY 2022
Net Income	3,532,000	2,845,000	2,084,000	1,316,190
Depreciation & Amortization	907,000	927,000	818,000	571,764
Share-Based Compensation Expense	159,000	155,000	143,000	137,093
Other Adjustments	(517,000)	2,000	(206,000)	(326,707)
Changes in Trade Receivables	6,000	(85,000)	(17,000)	(179,126)
Changes in Inventories	(94,000)	101,000	53,000	(212,134)
Changes in Accounts Payable	119,000	(44,000)	92,000	131,384
Changes in Accrued Expenses	(171,000)	(137,000)	200,000	984,307
Changes in Income Taxes Payable	(18,000)	27,000	102,000	32,514
Changes in Other Operating Activities	(147,000)	(407,000)	(289,000)	(13,551)
Cash from Operating Activities	3,776,000	3,384,000	2,980,000	2,441,730
Capital Expenditure	(435,000)	(400,000)	(381,000)	(230,044)
Proceeds from Sale of Property, Plant & Equipment	32,000	9,000	13,000	39,353
Purchases of Investments	—	—	—	(27,895)
Proceeds from Sale of Investments	—	—	—	31,809
Payments for Business Acquisitions	—	—	(7,146,000)	—
Proceeds from Business Divestments	623,000	78,000	473,000	3,366
Other Investing Activities	4,000	15,000	(1,136,000)	(235,426)
Cash from Investing Activities	224,000	(298,000)	(8,177,000)	(418,837)
Issuance of Short-Term Debt	(364,000)	359,000	358,000	1,422,030
Net Issuance / (Repayments) of Short-Term Debt	(364,000)	359,000	358,000	1,422,030
Issuance of Long-Term Debt	751,000	24,000	2,023,000	3,598,060
Repayments of Long-Term Debt	(1,741,000)	(2,385,000)	(2,341,000)	(18,737)
Net Issuance / (Repayments) of Long-Term Debt	(990,000)	(2,361,000)	(318,000)	3,579,320
Issuance of Common Shares	4,000	4,000	3,000	2,831
Repurchases of Common Shares	(1,766,000)	(332,000)	(297,000)	(460,056)
Net Issuance / (Repurchases) of Common Shares	(1,762,000)	(328,000)	(294,000)	(457,225)
Common Share Dividends Paid	(861,000)	(782,000)	(704,000)	(569,855)
Other Financing Activities	—	(3,000)	(13,000)	(58,629)
Cash from Financing Activities	(3,977,000)	(3,115,000)	(971,000)	3,915,640
Effect of Exchange Rate Changes on Cash and Cash Equivalents	22,000	(24,000)	(5,000)	(23,770)
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash	45,000	(53,000)	(6,173,000)	5,914,760

Key metrics

$88.43B

Market Cap

25.75x

P/E

4.45x

P/S

19.58x

EV/EBITDA

27.4%

Return on Equity

13.2%

Return on Invested Capital

1.19x

Current Ratio

1.0%

Dividend Yield

16.8%

Free Cash Flow Margin

Quarterly trend

Quarter	Revenue	YoY growth	Operating margin	Operating income
Q3 2026	$5.49B	+10.6%	20.7%	$1.13B
Q2 2026	$5.17B	+9.1%	21.1%	$1.09B
Q1 2026	$5.08B	+3.7%	20.3%	$1.03B
Q4 2025	$5.24B	+1.1%	21.3%	$1.12B
Q3 2025	$4.96B	—	21.1%	$1.05B
Q2 2025	$4.74B	—	19.8%	$939M
Q1 2025	$4.90B	—	19.5%	$957M
Q4 2024	$5.19B	—	20.2%	$1.05B

Margins

36.9%

Gross margin

20.5%

Operating margin

17.8%

Net margin

Snapshot

Financial statements

Key metrics

Quarterly trend

Margins

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