Parker-Hannifin Financials
Parker-Hannifin (PH) reported $21.5B in revenue for fiscal year 2026, up 8.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Parker-Hannifin is turning modest volume growth into expanding operating profit while steadily reducing balance-sheet leverage.
Across FY2024 to FY2026, operating cash flow climbed from$3.4B to$4.4B while remaining above net income in both years, supporting strong earnings quality. FY2026 free cash flow of$3.9B against$459M of capital expenditures shows that cash conversion remains high without a capital-heavy reinvestment burden.
Margin expansion outpaced sales: gross margin widened from
Balance-sheet flexibility improved materially: debt-to-equity fell from
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Parker-Hannifin's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Parker-Hannifin has an operating margin of 23.6%, meaning the company retains $24 of operating profit per $100 of revenue. This strong profitability earns a score of 89/100, reflecting efficient cost management and pricing power. This is up from 21.9% the prior year.
Parker-Hannifin's revenue grew 8.3% year-over-year to $21.5B, a solid pace of expansion. This earns a growth score of 45/100.
Parker-Hannifin has a moderate D/E ratio of 0.44. This balance of debt and equity financing earns a leverage score of 45/100.
Parker-Hannifin's current ratio of 1.26 indicates adequate short-term liquidity, earning a score of 31/100. The company can meet its near-term obligations, though with limited headroom.
Parker-Hannifin converts 18.2% of revenue into free cash flow ($3.9B). This strong cash generation earns a score of 83/100.
Parker-Hannifin earns a strong 23.7% return on equity (ROE), meaning it generates $24 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 89/100. This is down from 25.8% the prior year.
Parker-Hannifin scores 7.31, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($126.3B) relative to total liabilities ($15.5B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Parker-Hannifin passes 8 of 9 financial strength tests. 3 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Parker-Hannifin generates $1.20 in operating cash flow ($4.4B OCF vs $3.6B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Parker-Hannifin earns $12.64 in operating income for every $1 of interest expense ($5.1B vs $401.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Parker-Hannifin generated $21.5B in revenue in fiscal year 2026. This represents an increase of 8.3% from the prior year.
Parker-Hannifin's EBITDA was $6.0B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 14.3% from the prior year.
Parker-Hannifin reported $3.6B in net income in fiscal year 2026. This represents an increase of 3.3% from the prior year.
Parker-Hannifin earned $28.48 per diluted share (EPS) in fiscal year 2026. This represents an increase of 5.0% from the prior year.
Cash & Balance Sheet
Parker-Hannifin generated $3.9B in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 16.9% from the prior year.
Parker-Hannifin held $501.0M in cash against $6.8B in long-term debt as of fiscal year 2026.
Parker-Hannifin paid $7.40 per share in dividends in fiscal year 2026. This represents an increase of 10.6% from the prior year.
Margins & Returns
Parker-Hannifin's gross margin was 37.7% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 0.8 percentage points from the prior year.
Parker-Hannifin's operating margin was 23.6% in fiscal year 2026, reflecting core business profitability. This is up 1.7 percentage points from the prior year.
Parker-Hannifin's net profit margin was 17.0% in fiscal year 2026, showing the share of revenue converted to profit. This is down 0.8 percentage points from the prior year.
Parker-Hannifin's ROE was 23.7% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 2.1 percentage points from the prior year.
Capital Allocation
Parker-Hannifin invested $267.0M in research and development in fiscal year 2026. This represents an increase of 11.3% from the prior year.
Parker-Hannifin spent $1.3B on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 28.5% from the prior year.
Parker-Hannifin invested $459.0M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 5.5% from the prior year.
PH Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.5B+8.3% | $19.9B-0.4% | $19.9B+4.5% | $19.1B+20.2% | $15.9B+10.6% | $14.3B+4.8% | $13.7B-4.4% | $14.3B+0.1% | $14.3B+18.9% | $12.0B+5.9% | $11.4B-10.6% | $12.7B-3.8% | $13.2B+1.5% | $13.0B-1.0% | $13.1B |
| Cost of Revenue | $13.4B+6.9% | $12.5B-2.1% | $12.8B+1.3% | $12.6B+19.8% | $10.6B+9.8% | $9.6B-6.7% | $10.3B-3.7% | $10.7B-0.5% | $10.7B+17.8% | $9.1B+3.4% | $8.8B-8.6% | $9.7B-5.2% | $10.2B+1.0% | $10.1B+1.3% | $10.0B |
| Gross Profit | $8.1B+10.8% | $7.3B+2.6% | $7.1B+10.9% | $6.4B+21.0% | $5.3B+12.0% | $4.7B+39.4% | $3.4B-6.3% | $3.6B+1.9% | $3.6B+25.5% | $2.8B+11.9% | $2.5B-17.0% | $3.1B+0.9% | $3.0B+3.4% | $2.9B-8.1% | $3.2B |
| R&D Expenses | $267.0M+11.3% | $240.0M-5.1% | $253.0M-1.9% | $258.0M+35.1% | $191.0M-6.8% | $205.0M-13.5% | $237.0M-19.6% | $294.9M-10.1% | $327.9M-2.6% | $336.7M-6.4% | $359.8M-10.7% | $403.1M-1.7% | $410.1M+0.9% | $406.6M+11.2% | $365.7M |
| SG&A Expenses | $3.5B+6.5% | $3.3B-1.8% | $3.3B-1.2% | $3.4B+33.9% | $2.5B+5.1% | $2.4B+43.9% | $1.7B+7.3% | $1.5B-5.9% | $1.6B+16.1% | $1.4B+3.9% | $1.4B-12.0% | $1.5B-5.5% | $1.6B+5.1% | $1.6B+2.3% | $1.5B |
| Operating Income | $5.1B+16.6% | $4.3B+6.8% | $4.1B+19.5% | $3.4B+14.4% | $3.0B+20.9% | $2.5B+25.1% | $2.0B-12.1% | $2.2B+9.7% | $2.0B+13.9% | $1.8B+13.6% | $1.6B-14.3% | $1.8B+2.7% | $1.8B-0.1% | $1.8B-10.5% | $2.0B |
| Interest Expense | $401.0M-2.0% | $409.0M-19.2% | $506.0M-11.8% | $573.9M+124.8% | $255.3M+2.1% | $250.0M-18.9% | $308.2M+62.1% | $190.1M-11.1% | $213.9M+31.7% | $162.4M+19.0% | $136.5M+15.3% | $118.4M+43.4% | $82.6M-9.8% | $91.6M-1.3% | $92.8M |
| Income Tax | $914.0M+59.0% | $575.0M-23.3% | $750.0M+25.8% | $596.0M+100.0% | $298.0M-40.4% | $500.1M+64.2% | $304.5M-28.2% | $424.4M-33.8% | $641.0M+85.9% | $344.8M+12.1% | $307.5M-26.7% | $419.7M-18.6% | $515.3M+42.3% | $362.2M-14.0% | $421.2M |
| Net Income | $3.6B+3.3% | $3.5B+24.2% | $2.8B+36.5% | $2.1B+58.3% | $1.3B-24.7% | $1.7B+45.3% | $1.2B-21.2% | $1.5B+43.7% | $1.1B+7.9% | $983.4M+21.9% | $806.8M-20.3% | $1.0B-2.8% | $1.0B+9.8% | $948.4M-17.7% | $1.2B |
| EPS (Diluted) | $28.48+5.0% | $27.12+24.2% | $21.84+36.2% | $16.04+59.0% | $10.09-24.4% | $13.35+44.2% | $9.26-20.0% | $11.57+47.8% | $7.83+8.0% | $7.25+23.1% | $5.89-15.5% | $6.97+1.5% | $6.87+9.7% | $6.26-16.0% | $7.45 |
PH Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $30.9B+4.7% | $29.5B+0.7% | $29.3B-2.2% | $30.0B+15.5% | $25.9B+27.5% | $20.3B+2.3% | $19.9B+12.2% | $17.7B+15.7% | $15.3B-1.1% | $15.5B+28.7% | $12.0B-1.8% | $12.3B-7.6% | $13.3B+5.7% | $12.5B+12.3% | $11.2B |
| Current Assets | $7.7B+10.7% | $7.0B+2.2% | $6.8B-0.5% | $6.8B-43.3% | $12.0B+114.5% | $5.6B+11.6% | $5.0B-34.4% | $7.7B+50.9% | $5.1B+6.4% | $4.8B-8.2% | $5.2B-4.3% | $5.4B-10.4% | $6.1B+9.8% | $5.5B+23.0% | $4.5B |
| Cash & Equivalents | $501.0M+7.3% | $467.0M+10.7% | $422.0M-11.2% | $475.2M-11.3% | $535.8M-26.9% | $733.1M+6.9% | $685.5M-78.7% | $3.2B+291.6% | $822.1M-7.1% | $884.9M-27.6% | $1.2B+3.5% | $1.2B-26.8% | $1.6B-9.4% | $1.8B+112.5% | $838.3M |
| Inventory | $3.2B+11.5% | $2.8B+1.9% | $2.8B-4.2% | $2.9B+31.3% | $2.2B+5.9% | $2.1B+6.4% | $2.0B+17.0% | $1.7B+3.5% | $1.6B+4.6% | $1.5B+32.1% | $1.2B-9.8% | $1.3B-5.2% | $1.4B-0.4% | $1.4B-1.7% | $1.4B |
| Accounts Receivable | $3.2B+8.9% | $2.9B+1.5% | $2.9B | N/A | N/A | N/A | N/A | $2.1B-0.7% | $2.1B+11.1% | $1.9B | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $11.1B+3.9% | $10.7B+1.8% | $10.5B-1.1% | $10.6B+37.3% | $7.7B-4.0% | $8.1B+2.4% | $7.9B+44.3% | $5.5B-0.9% | $5.5B-1.5% | $5.6B+92.4% | $2.9B-1.3% | $2.9B-7.2% | $3.2B-1.6% | $3.2B+10.2% | $2.9B |
| Total Liabilities | $15.5B-2.1% | $15.8B-8.2% | $17.2B-12.3% | $19.6B+14.9% | $17.1B+43.2% | $11.9B-12.6% | $13.6B+17.6% | $11.6B+22.8% | $9.5B-7.5% | $10.2B+37.1% | $7.5B+4.0% | $7.2B+8.5% | $6.6B-2.8% | $6.8B+8.5% | $6.3B |
| Current Liabilities | $6.1B+4.8% | $5.8B-20.4% | $7.3B-5.5% | $7.7B+32.0% | $5.9B+89.2% | $3.1B-1.6% | $3.1B-0.1% | $3.2B-1.4% | $3.2B-5.8% | $3.4B+43.5% | $2.4B+0.7% | $2.3B-27.8% | $3.3B-7.6% | $3.5B+41.6% | $2.5B |
| Long-Term Debt | $6.8B-9.7% | $7.5B+4.7% | $7.2B-18.6% | $8.8B-9.8% | $9.8B+48.2% | $6.6B-14.0% | $7.7B+17.4% | $6.5B+51.0% | $4.3B-11.2% | $4.9B+83.3% | $2.7B-2.6% | $2.7B+80.6% | $1.5B+0.8% | $1.5B-0.5% | $1.5B |
| Total Equity | $15.4B+12.6% | $13.7B+13.3% | $12.1B+16.9% | $10.3B+16.7% | $8.8B+5.4% | $8.4B+34.9% | $6.2B+4.4% | $6.0B+1.7% | $5.9B+11.4% | $5.3B+15.0% | $4.6B-10.4% | $5.1B-23.4% | $6.7B+16.0% | $5.7B+17.2% | $4.9B |
| Retained Earnings | $24.5B+12.5% | $21.8B+14.0% | $19.1B+12.1% | $17.0B+8.8% | $15.7B+5.0% | $14.9B+9.3% | $13.6B+6.8% | $12.8B+9.9% | $11.6B+6.4% | $10.9B+6.1% | $10.3B+4.7% | $9.8B+7.3% | $9.2B+8.9% | $8.4B+8.1% | $7.8B |
PH Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.4B+15.6% | $3.8B+11.6% | $3.4B+13.6% | $3.0B+22.0% | $2.4B-5.2% | $2.6B+24.3% | $2.1B+19.7% | $1.7B+8.4% | $1.6B+22.8% | $1.3B+7.4% | $1.2B-11.2% | $1.4B-1.8% | $1.4B+16.5% | $1.2B-22.2% | $1.5B |
| Capital Expenditures | $459.0M+5.5% | $435.0M+8.8% | $400.0M+5.0% | $381.0M+65.6% | $230.0M+9.6% | $210.0M-9.7% | $232.6M+19.2% | $195.1M-21.2% | $247.7M+21.6% | $203.7M+36.4% | $149.4M-30.7% | $215.5M-0.4% | $216.3M-18.6% | $265.9M+21.5% | $218.8M |
| Free Cash Flow | $3.9B+16.9% | $3.3B+12.0% | $3.0B+14.8% | $2.6B+17.5% | $2.2B-6.5% | $2.4B+28.6% | $1.8B+19.8% | $1.5B+13.8% | $1.3B+23.0% | $1.1B+3.3% | $1.1B-7.5% | $1.1B-2.0% | $1.2B+26.6% | $925.0M-29.5% | $1.3B |
| Investing Cash Flow | -$1.4B-720.5% | $224.0M+175.2% | -$298.0M+96.4% | -$8.2B-1852.3% | -$418.8M-3221723.1% | -$13K+100.0% | -$5.0B-2199.2% | -$218.5M-1022.9% | $23.7M+100.7% | -$3.4B-1170.9% | -$264.6M+54.3% | -$579.2M+10.4% | -$646.4M+20.2% | -$809.8M-115.5% | -$375.8M |
| Financing Cash Flow | -$2.9B+26.2% | -$4.0B-27.7% | -$3.1B-220.8% | -$971.0M-124.8% | $3.9B+249.3% | -$2.6B-683.9% | $449.3M-50.2% | $902.3M+153.6% | -$1.7B-194.4% | $1.8B+311.4% | -$843.4M+23.7% | -$1.1B-15.4% | -$958.1M-266.3% | $576.2M+170.0% | -$823.5M |
| Dividends Paid | $936.0M+8.7% | $861.0M+10.1% | $782.0M+11.1% | $704.0M+23.5% | $569.9M+19.9% | $475.2M+4.7% | $453.8M+10.0% | $412.5M+12.9% | $365.3M+5.8% | $345.4M+1.0% | $342.0M+0.5% | $340.4M+22.3% | $278.2M+9.1% | $255.0M+6.0% | $240.7M |
| Share Buybacks | $1.3B-28.5% | $1.8B+431.9% | $332.0M+11.8% | $297.0M-35.4% | $460.1M+110.2% | $218.8M+1.3% | $216.0M-74.9% | $860.1M+125.7% | $381.0M+12.7% | $338.1M-42.4% | $587.4M-59.1% | $1.4B+603.9% | $204.0M-20.9% | $258.0M-43.5% | $457.0M |
PH Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 37.7%+0.8pp | 36.9%+1.1pp | 35.8%+2.1pp | 33.7%+0.2pp | 33.5%+0.4pp | 33.1%+8.2pp | 24.9%-0.5pp | 25.4%+0.4pp | 24.9%+1.3pp | 23.6%+1.3pp | 22.3%-1.7pp | 24.0%+1.1pp | 22.9%+0.4pp | 22.5%-1.7pp | 24.3% |
| Operating Margin | 23.6%+1.7pp | 21.9%+1.5pp | 20.4%+2.6pp | 17.8%-0.9pp | 18.8%+1.6pp | 17.2%+2.8pp | 14.4%-1.3pp | 15.6%+1.4pp | 14.2%-0.6pp | 14.9%+1.0pp | 13.9%-0.6pp | 14.5%+0.9pp | 13.6%-0.2pp | 13.8%-1.5pp | 15.2% |
| Net Margin | 17.0%-0.8pp | 17.8%+3.5pp | 14.3%+3.3pp | 10.9%+2.6pp | 8.3%-3.9pp | 12.2%+3.4pp | 8.8%-1.9pp | 10.7%+3.2pp | 7.4%-0.8pp | 8.2%+1.1pp | 7.1%-0.9pp | 8.0%+0.1pp | 7.9%+0.6pp | 7.3%-1.5pp | 8.8% |
| Return on Equity | 23.7%-2.1pp | 25.8%+2.2pp | 23.6%+3.4pp | 20.2%+5.3pp | 14.9%-5.9pp | 20.8%+1.5pp | 19.3%-6.3pp | 25.6%+7.5pp | 18.1%-0.6pp | 18.7%+1.1pp | 17.6%-2.2pp | 19.8%+4.2pp | 15.6%-0.9pp | 16.5%-7.0pp | 23.5% |
| Return on Assets | 11.8%-0.2pp | 12.0%+2.3pp | 9.7%+2.8pp | 7.0%+1.9pp | 5.1%-3.5pp | 8.6%+2.5pp | 6.0%-2.6pp | 8.6%+1.7pp | 6.9%+0.6pp | 6.3%-0.4pp | 6.7%-1.6pp | 8.3%+0.4pp | 7.8%+0.3pp | 7.6%-2.7pp | 10.3% |
| Current Ratio | 1.26+0.1x | 1.19+0.3x | 0.930.0x | 0.88-1.2x | 2.06+0.2x | 1.81+0.2x | 1.60-0.8x | 2.43+0.8x | 1.59+0.2x | 1.41-0.8x | 2.20-0.1x | 2.32+0.4x | 1.87+0.3x | 1.57-0.2x | 1.81 |
| Debt-to-Equity | 0.44-0.1x | 0.550.0x | 0.59-0.3x | 0.85-0.3x | 1.10+0.3x | 0.78-0.4x | 1.23+0.1x | 1.09+0.4x | 0.74-0.2x | 0.92+0.3x | 0.580.0x | 0.53+0.3x | 0.230.0x | 0.260.0x | 0.31 |
| FCF Margin | 18.2%+1.3pp | 16.8%+1.9pp | 15.0%+1.3pp | 13.6%-0.3pp | 13.9%-2.5pp | 16.5%+3.1pp | 13.4%+2.7pp | 10.7%+1.3pp | 9.4%+0.3pp | 9.1%-0.2pp | 9.3%+0.3pp | 9.0%+0.2pp | 8.9%+1.8pp | 7.1%-2.9pp | 10.0% |
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Where Parker-Hannifin Ranks
Frequently Asked Questions
What is Parker-Hannifin's annual revenue?
Parker-Hannifin (PH) reported $21.5B in total revenue for fiscal year 2026. This represents a 8.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Parker-Hannifin's revenue growing?
Parker-Hannifin (PH) revenue grew by 8.3% year-over-year, from $19.9B to $21.5B in fiscal year 2026.
Is Parker-Hannifin profitable?
Yes, Parker-Hannifin (PH) reported a net income of $3.6B in fiscal year 2026, with a net profit margin of 17.0%.
What is Parker-Hannifin's EBITDA?
Parker-Hannifin (PH) had EBITDA of $6.0B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Parker-Hannifin have?
As of fiscal year 2026, Parker-Hannifin (PH) had $501.0M in cash and equivalents against $6.8B in long-term debt.
What is Parker-Hannifin's gross margin?
Parker-Hannifin (PH) had a gross margin of 37.7% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Parker-Hannifin's operating margin?
Parker-Hannifin (PH) had an operating margin of 23.6% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Parker-Hannifin's net profit margin?
Parker-Hannifin (PH) had a net profit margin of 17.0% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
Does Parker-Hannifin pay dividends?
Yes, Parker-Hannifin (PH) paid $7.40 per share in dividends during fiscal year 2026.
What is Parker-Hannifin's return on equity (ROE)?
Parker-Hannifin (PH) has a return on equity of 23.7% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Parker-Hannifin's free cash flow?
Parker-Hannifin (PH) generated $3.9B in free cash flow during fiscal year 2026. This represents a 16.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Parker-Hannifin's operating cash flow?
Parker-Hannifin (PH) generated $4.4B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Parker-Hannifin's total assets?
Parker-Hannifin (PH) had $30.9B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Parker-Hannifin's capital expenditures?
Parker-Hannifin (PH) invested $459.0M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Parker-Hannifin spend on research and development?
Parker-Hannifin (PH) invested $267.0M in research and development during fiscal year 2026.
What is Parker-Hannifin's current ratio?
Parker-Hannifin (PH) had a current ratio of 1.26 as of fiscal year 2026, which is considered adequate.
What is Parker-Hannifin's debt-to-equity ratio?
Parker-Hannifin (PH) had a debt-to-equity ratio of 0.44 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Parker-Hannifin's return on assets (ROA)?
Parker-Hannifin (PH) had a return on assets of 11.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Parker-Hannifin's Altman Z-Score?
Parker-Hannifin (PH) has an Altman Z-Score of 7.31, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Parker-Hannifin's Piotroski F-Score?
Parker-Hannifin (PH) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Parker-Hannifin's earnings high quality?
Parker-Hannifin (PH) has an earnings quality ratio of 1.20x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Parker-Hannifin cover its interest payments?
Parker-Hannifin (PH) has an interest coverage ratio of 12.64x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Parker-Hannifin?
Parker-Hannifin (PH) scores 64 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.