What is Parker-Hannifin Corporation's earnings per share (EPS)?

Parker-Hannifin Corporation (PH) reported diluted earnings per share of $28.48 for fiscal year 2026. This represents a 5.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Parker-Hannifin Corporation (PH) Financials

FY2026 annual

Revenue $21.5B +8.3% YoY

Net Income $3.6B +3.3% YoY

EPS (Diluted) $28.48 +5.0% YoY

Free Cash Flow $3.9B +16.9% YoY

Market Cap $123.0B as of Oct 5, 2026

Price / Sales 5.7x on $21.5B revenue, FY2026

Price / Earnings 33.7x on $3.6B net income, FY2026

Price / Book 8.0x on $15.4B equity, Q4 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2026, ended Jun 30, 2026 Reported Aug 21, 2026 Currency USD FYE June

Newest figures come from the 10-K for FY2026, filed Aug 21, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PH SEC filings page.

Parker-Hannifin Corporation (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).

Rhea AI PH FY2026 2026-10-04

Parker-Hannifin is converting modest sales growth into faster profit and cash expansion while steadily reducing balance-sheet leverage.

From FY2024 to FY2026, revenue rose 7.9% while operating margin widened; profit therefore outpaced sales, pointing to better operating economics rather than volume alone. The combination of higher margins and free cash flow margin moving from 15.0% to 18.2% indicates that the improvement reached cash generation, not just reported earnings.

FY2026 operating cash flow of $4.4B exceeded net income of $3.6B, an earnings-to-cash relationship that supports high-quality conversion. Free cash flow margin was 18.2%, implying capital spending did not absorb most internally generated cash.

Debt-to-equity fell from 0.6x in FY2024 to 0.4x in FY2026 as equity grew while total liabilities declined, leaving a less leveraged funding structure. Current ratio rose from 0.9x to 1.3x over the same span, suggesting short-term balance-sheet flexibility improved alongside long-term deleveraging.

Financial Health Signals

Financial Health Score 64/100

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 Corporation'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.

Profitability

Parker-Hannifin Corporation 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 88/100, reflecting efficient cost management and pricing power. This is up from 21.9% the prior year.

Growth

Parker-Hannifin Corporation's revenue grew 8.3% year-over-year to $21.5B, a solid pace of expansion. This earns a growth score of 44/100.

Leverage

Parker-Hannifin Corporation has a moderate D/E ratio of 0.44. This balance of debt and equity financing earns a leverage score of 46/100.

Liquidity

Parker-Hannifin Corporation's current ratio of 1.26 indicates adequate short-term liquidity, earning a score of 32/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Parker-Hannifin Corporation converts 18.2% of revenue into free cash flow ($3.9B). This strong cash generation earns a score of 82/100.

Returns

Parker-Hannifin Corporation 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.

Altman Z-Score Safe

7.18

Parker-Hannifin Corporation scores 7.18, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($123.0B) 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.

Piotroski F-Score Strong

8/9

Parker-Hannifin Corporation passes 8 of 9 financial strength tests. 3 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.20x

For every $1 of reported earnings, Parker-Hannifin Corporation 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.

Interest Coverage Safe

12.64x

Parker-Hannifin Corporation 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

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Earnings & Revenue

Revenue

$5.8B

YoY+9.8%

QoQ+4.9%

5Y CAGR+7.8%

10Y CAGR+6.9%

Parker-Hannifin Corporation generated $5.8B in revenue in Q4 2026. This represents an increase of 9.8% from the same quarter a year earlier. Against the prior quarter it is up 4.9%.

EBITDA

$1.7B

YoY+20.5%

QoQ+17.4%

5Y CAGR+14.3%

Parker-Hannifin Corporation's EBITDA was $1.7B in Q4 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 20.5% from the same quarter a year earlier. Against the prior quarter it is up 17.4%.

Net Income

$1.1B

YoY+18.3%

QoQ+20.8%

5Y CAGR+16.7%

10Y CAGR+16.3%

Parker-Hannifin Corporation reported $1.1B in net income in Q4 2026. This represents an increase of 18.3% from the same quarter a year earlier. Against the prior quarter it is up 20.8%.

EPS (Diluted)

$8.53

YoY+19.3%

QoQ+20.8%

5Y CAGR+17.2%

10Y CAGR+17.0%

Parker-Hannifin Corporation earned $8.53 per diluted share (EPS) in Q4 2026. This represents an increase of 19.3% from the same quarter a year earlier. Against the prior quarter it is up 20.8%.

Cash & Balance Sheet

Free Cash Flow

$1.6B

YoY+17.0%

QoQ+77.4%

5Y CAGR+20.3%

10Y CAGR+12.8%

Parker-Hannifin Corporation generated $1.6B in free cash flow in Q4 2026, representing cash available after capex. This represents an increase of 17.0% from the same quarter a year earlier. Against the prior quarter it is up 77.4%.

Cash & Debt

$501.0M

YoY+7.3%

QoQ+5.3%

5Y CAGR-7.3%

10Y CAGR-8.5%

Parker-Hannifin Corporation held $501.0M in cash against $6.8B in long-term debt as of Q4 2026.

Shares Outstanding

126M

YoY-0.5%

QoQ0.0%

5Y CAGR-0.5%

10Y CAGR-0.6%

Parker-Hannifin Corporation had 126M shares outstanding in Q4 2026. This represents a decrease of 0.5% from the same quarter a year earlier. It is unchanged from the prior quarter.

Dividends Per Share

Not reported for Q4 2026.

Margins & Returns

Gross Margin

39.0%

YoY+1.7pp

QoQ+2.3pp

5Y change-10.8pp

Parker-Hannifin Corporation's gross margin was 39.0% in Q4 2026, indicating the percentage of revenue retained after direct costs. This is up 1.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.3 percentage points.

Operating Margin

25.6%

YoY+2.9pp

QoQ+3.2pp

5Y change+7.0pp

Parker-Hannifin Corporation's operating margin was 25.6% in Q4 2026, reflecting core business profitability. This is up 2.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.2 percentage points.

Net Margin

19.0%

YoY+1.4pp

QoQ+2.5pp

5Y change+6.2pp

10Y change+10.8pp

Parker-Hannifin Corporation's net profit margin was 19.0% in Q4 2026, showing the share of revenue converted to profit. This is up 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.5 percentage points.

Return on Equity

7.1%

YoY+0.3pp

QoQ+0.9pp

5Y change+1.1pp

10Y change+1.8pp

Parker-Hannifin Corporation's ROE was 7.1% in Q4 2026, measuring profit generated per dollar of shareholder equity. This is up 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.9 percentage points.

Capital Allocation

Share Buybacks

$255.0M

YoY-71.9%

QoQ-25.0%

5Y CAGR+23.4%

10Y CAGR+7.6%

Parker-Hannifin Corporation spent $255.0M on share buybacks in Q4 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 71.9% from the same quarter a year earlier. Against the prior quarter it is down 25.0%.

Capital Expenditures

$173.0M

YoY+32.1%

QoQ+68.0%

5Y CAGR+18.5%

10Y CAGR+16.2%

Parker-Hannifin Corporation invested $173.0M in capex in Q4 2026, funding long-term assets and infrastructure. This represents an increase of 32.1% from the same quarter a year earlier. Against the prior quarter it is up 68.0%.

R&D Spending

Not reported for Q4 2026.

PH Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PH quarterly income statement

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
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
EBITDA	$6.0B+14.3%	$5.3B+5.2%	$5.0B+18.3%	$4.2B+19.2%	$3.5B+16.1%	$3.1B+22.0%	$2.5B-6.1%	$2.7B+6.8%	$2.5B+16.8%	$2.1B+14.1%	$1.9B-12.9%	$2.2B+1.3%	$2.1B0.0%	$2.1B-8.5%	$2.3B
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+24.1%	$2.8B+36.5%	$2.1B+58.4%	$1.3B-24.6%	$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 (Basic)	$28.89+5.0%	$27.52+24.4%	$22.13+36.4%	$16.23+58.5%	$10.24-24.4%	$13.54+44.7%	$9.36-20.2%	$11.73+47.0%	$7.98+8.3%	$7.37+23.7%	$5.96-15.8%	$7.08+1.4%	$6.98+9.7%	$6.36-16.5%	$7.62
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
Diluted Shares (Avg)	128M-1.6%	130M0.0%	130M+0.2%	130M-0.3%	130M-0.4%	131M+0.8%	130M-1.5%	132M-2.7%	135M-0.1%	136M-1.0%	137M-5.7%	145M-4.2%	151M-0.1%	152M-2.0%	155M

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Revenue	$5.8B+9.8%	$5.5B+10.6%	$5.2B+9.1%	$5.1B+3.7%	$5.2B+1.1%	$5.0B-2.3%	$4.7B-1.6%	$4.9B+1.2%
Cost of Revenue	$3.5B+6.8%	$3.5B+10.8%	$3.2B+7.3%	$3.2B+2.6%	$3.3B-1.1%	$3.1B-4.6%	$3.0B-2.6%	$3.1B0.0%
Gross Profit	$2.2B+14.8%	$2.0B+10.2%	$1.9B+12.2%	$1.9B+5.6%	$2.0B+5.0%	$1.8B+2.0%	$1.7B+0.1%	$1.8B+3.2%
SG&A Expenses	$874.0M+4.2%	$884.0M+12.6%	$837.0M+7.0%	$873.0M+2.8%	$839.0M+2.5%	$785.0M-3.8%	$782.0M-3.1%	$849.0M-2.8%
Operating Income	$1.5B+24.0%	$1.2B+10.9%	$1.2B+19.2%	$1.2B+11.8%	$1.2B+8.8%	$1.1B+7.3%	$992.0M+2.7%	$1.1B+8.3%
EBITDA	$1.7B+20.5%	$1.5B+10.1%	$1.4B+16.2%	$1.4B+9.9%	$1.4B+7.2%	$1.3B+5.5%	$1.2B+2.1%	$1.3B+5.6%
Interest Expense	$95.0M-4.0%	$99.0M+3.1%	$106.0M+5.0%	$101.0M-10.6%	$99.0M-16.6%	$96.0M-22.4%	$101.0M-21.7%	$113.0M-16.0%
Income Tax	$248.0M+67.6%	$215.0M+551.5%	$219.0M+0.9%	$232.0M+31.1%	$148.0M-26.4%	$33.0M-82.9%	$217.0M+16.6%	$177.0M+4.5%
Net Income	$1.1B+18.3%	$904.0M-6.0%	$845.0M-11.0%	$808.0M+15.8%	$923.0M+17.6%	$962.0M+32.4%	$949.0M+39.1%	$698.0M+7.2%
EPS (Basic)	$8.65+19.5%	$7.16-4.3%	$6.69-9.2%	$6.39+17.7%	$7.24+18.7%	$7.48+32.4%	$7.37+38.8%	$5.43+7.1%
EPS (Diluted)	$8.53+19.3%	$7.06-4.2%	$6.60-9.0%	$6.29+17.8%	$7.15+18.8%	$7.37+32.6%	$7.25+38.6%	$5.34+7.0%
Diluted Shares (Avg)	N/A	128M-1.8%	128M-2.1%	128M-1.8%	N/A	130M-0.2%	131M+0.3%	131M+0.3%

Not reported in any period shown, so not listed: R&D Expenses.

PH Balance Sheet

PH quarterly balance sheet

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
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
Short-Term Investments	$0	$0	$0-100.0%	$8.4M-69.9%	$27.9M-28.8%	$39.1M-44.8%	$70.8M-53.1%	$150.9M+357.4%	$33.0M-16.1%	$39.3M-95.5%	$882.3M+20.3%	$733.5M+27.9%	$573.7M	$0	$0
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
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
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
Non-Current Liabilities	$9.4B-6.2%	$10.0B+0.8%	$9.9B-16.7%	$11.9B+5.9%	$11.2B+27.1%	$8.8B-15.9%	$10.5B+24.1%	$8.5B+35.2%	$6.3B-8.3%	$6.8B+34.1%	$5.1B+5.5%	$4.8B+43.6%	$3.4B+2.4%	$3.3B-13.2%	$3.8B
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

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Total Assets	$30.9B+4.7%	$30.7B+6.1%	$30.5B+7.9%	$30.7B+3.6%	$29.5B+0.7%	$28.9B-2.2%	$28.3B-4.8%	$29.6B0.0%
Current Assets	$7.7B+10.7%	$7.6B+12.3%	$7.2B+13.3%	$7.2B+2.7%	$7.0B+2.2%	$6.8B-2.4%	$6.3B-5.7%	$7.0B+3.0%
Cash & Equivalents	$501.0M+7.3%	$476.0M+16.5%	$427.0M+8.0%	$473.0M+27.5%	$467.0M+10.7%	$408.7M+0.8%	$395.5M+3.3%	$371.1M-17.3%
Short-Term Investments	$0	$0	$0	$0	$0	$0-100.0%	$0-100.0%	$0-100.0%
Inventory	$3.2B+11.5%	$3.2B+12.6%	$3.2B+12.3%	$3.1B+7.3%	$2.8B+1.9%	$2.8B-4.8%	$2.8B-9.2%	$2.9B-5.2%
Accounts Receivable	$3.2B+8.9%	$3.2B+10.8%	$2.8B+12.7%	$2.9B+5.9%	$2.9B+1.5%	$2.9B	$2.4B	$2.7B
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$11.1B+3.9%	$11.1B+6.1%	$11.1B+7.6%	$11.1B+4.9%	$10.7B+1.8%	$10.5B-1.1%	$10.4B-2.9%	$10.6B+1.0%
Total Liabilities	$15.5B-2.1%	$16.1B+3.5%	$16.2B+6.9%	$16.9B+1.1%	$15.8B-8.2%	$15.5B-13.7%	$15.1B-17.6%	$16.7B-12.2%
Current Liabilities	$6.1B+4.8%	$6.7B+20.0%	$6.1B+1.6%	$6.8B-7.6%	$5.8B-20.4%	$5.6B-29.8%	$6.0B-20.1%	$7.3B-4.3%
Non-Current Liabilities	$9.4B-6.2%	$9.3B-5.8%	$10.1B+10.4%	$10.1B+8.0%	$10.0B+0.8%	$9.9B-0.8%	$9.2B-15.9%	$9.4B-17.5%
Long-Term Debt	$6.8B-9.7%	$6.8B-8.8%	$7.5B+12.2%	$7.5B+12.2%	$7.5B+4.7%	$7.4B+1.8%	$6.7B-17.8%	$6.7B-22.4%
Total Equity	$15.4B+12.6%	$14.6B+9.1%	$14.3B+9.1%	$13.8B+6.9%	$13.7B+13.3%	$13.4B+15.5%	$13.1B+16.1%	$12.9B+22.0%
Retained Earnings	$24.5B+12.5%	$23.6B+12.2%	$23.0B+13.0%	$22.4B+14.1%	$21.8B+14.0%	$21.1B+13.8%	$20.3B+13.0%	$19.6B+11.9%

PH Cash Flow Statement

PH quarterly cash flow statement

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
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
Depreciation & Amortization	$945.0M+3.3%	$915.0M-2.0%	$934.0M+13.3%	$824.0M+43.8%	$573.2M-3.9%	$596.5M+10.9%	$537.9M+24.8%	$430.8M-6.2%	$459.3M+32.0%	$348.0M+16.6%	$298.3M-4.6%	$312.7M-6.3%	$333.7M+0.5%	$332.2M+4.6%	$317.6M
Stock-Based Compensation	$179.0M+12.6%	$159.0M+2.6%	$155.0M+8.4%	$143.0M+4.3%	$137.1M+12.8%	$121.5M+9.1%	$111.4M+7.0%	$104.1M-12.4%	$118.8M+47.9%	$80.3M+12.7%	$71.3M-25.8%	$96.1M-6.9%	$103.2M+21.4%	$85.0M+5.0%	$80.9M
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

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Operating Cash Flow	$1.7B+18.3%	$984.0M+56.2%	$862.0M-7.8%	$782.0M+5.1%	$1.5B+18.6%	$630.0M-20.8%	$935.0M+33.2%	$744.0M+14.5%
Depreciation & Amortization	$237.0M+3.0%	$235.0M+5.9%	$233.0M+3.1%	$232.0M+1.3%	$230.0M-0.1%	$222.0M-2.7%	$226.0M-0.8%	$229.0M-4.9%
Stock-Based Compensation	N/A	N/A	N/A	$80.0M+5.3%	N/A	N/A	N/A	$76.0M-2.4%
Capital Expenditures	$173.0M+32.1%	$103.0M+17.0%	$94.0M-22.3%	$89.0M-6.3%	$131.0M+12.3%	$88.0M+11.1%	$121.0M+13.8%	$95.0M-2.8%
Free Cash Flow	$1.6B+17.0%	$881.0M+62.5%	$768.0M-5.7%	$693.0M+6.8%	$1.3B+19.3%	$542.0M-24.3%	$814.0M+36.7%	$649.0M+17.5%
Investing Cash Flow	-$151.0M-24.8%	-$93.0M-38.8%	-$68.0M-113.6%	-$1.1B-1139.1%	-$121.0M-16.7%	-$67.0M-6.0%	$499.0M+764.3%	-$87.0M-55.4%
Financing Cash Flow	-$1.6B-20.7%	-$841.0M-45.8%	-$835.0M+40.1%	$306.0M+143.0%	-$1.3B-16.8%	-$577.0M+17.6%	-$1.4B-102.7%	-$711.0M-15.1%
Dividends Paid	$253.0M+9.5%	$227.0M+8.1%	$228.0M+8.6%	$228.0M+8.6%	$231.0M+9.8%	$210.0M+10.3%	$210.0M+10.1%	$210.0M+10.3%
Share Buybacks	$255.0M-71.9%	$340.0M-49.1%	$145.0M+48.0%	$522.0M+455.3%	$906.0M+894.3%	$668.0M+551.3%	$98.0M+66.1%	$94.0M+18.5%

PH Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PH quarterly financial ratios

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
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
Asset Turnover	0.700.0x	0.670.0x	0.680.0x	0.640.0x	0.61-0.1x	0.710.0x	0.69-0.1x	0.81-0.1x	0.93+0.2x	0.78-0.2x	0.94-0.1x	1.040.0x	1.000.0x	1.04-0.1x	1.18
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%

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Gross Margin	39.0%+1.7pp	36.8%-0.1pp	37.3%+1.0pp	37.5%+0.7pp	37.4%+1.4pp	36.9%+1.5pp	36.3%+0.6pp	36.8%+0.7pp
Operating Margin	25.6%+2.9pp	22.4%+0.1pp	22.8%+1.9pp	23.3%+1.7pp	22.7%+1.6pp	22.3%+2.0pp	20.9%+0.9pp	21.6%+1.4pp
Net Margin	19.0%+1.4pp	16.5%-2.9pp	16.3%-3.7pp	15.9%+1.7pp	17.6%+2.5pp	19.4%+5.1pp	20.0%+5.9pp	14.2%+0.8pp
Return on Equity	7.1%+0.3pp	6.2%-1.0pp	5.9%-1.3pp	5.9%+0.4pp	6.8%+0.3pp	7.2%+0.9pp	7.2%+1.2pp	5.4%-0.8pp
Return on Assets	3.5%+0.4pp	2.9%-0.4pp	2.8%-0.6pp	2.6%+0.3pp	3.1%+0.5pp	3.3%+0.9pp	3.4%+1.1pp	2.4%+0.2pp
Current Ratio	1.26+0.1x	1.13-0.1x	1.18+0.1x	1.07+0.1x	1.19+0.3x	1.21+0.3x	1.06+0.2x	0.96+0.1x
Debt-to-Equity	0.44-0.1x	0.46-0.1x	0.520.0x	0.540.0x	0.550.0x	0.55-0.1x	0.51-0.2x	0.52-0.3x
Asset Turnover	0.190.0x	0.180.0x	0.170.0x	0.170.0x	0.180.0x	0.170.0x	0.170.0x	0.170.0x
FCF Margin	27.2%+1.7pp	16.1%+5.1pp	14.8%-2.3pp	13.6%+0.4pp	25.5%+3.9pp	10.9%-3.2pp	17.2%+4.8pp	13.2%+1.8pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Parker-Hannifin Corporation PH	FY2026	$21.5B	$3.6B	17.0%	$123.0B	64/100
Illinois Tool Works Inc. ITW	FY2025	$16.0B	$3.1B	19.1%	$74.9B	63/100
Emerson Electric Co. EMR	FY2025	$18.0B	$2.3B	12.7%	$90.1B	36/100
Eaton Corporation plc ETN	FY2025	$27.4B	$4.1B	14.9%	$169.4B	39/100
GE Vernova GEV	FY2025	$38.1B	$4.9B	12.8%	$263.3B	48/100
Ametek, Inc. AME	FY2025	$7.4B	$1.5B	20.0%	$57.8B	69/100

Where Parker-Hannifin Corporation Ranks

Frequently Asked Questions

What is Parker-Hannifin Corporation's annual revenue?

Parker-Hannifin Corporation (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 Corporation's revenue growing?

Parker-Hannifin Corporation (PH) revenue grew by 8.3% year-over-year, from $19.9B to $21.5B in fiscal year 2026.

Is Parker-Hannifin Corporation profitable?

Yes, Parker-Hannifin Corporation (PH) reported a net income of $3.6B in fiscal year 2026, with a net profit margin of 17.0%.

What is Parker-Hannifin Corporation's EBITDA?

Parker-Hannifin Corporation (PH) had EBITDA of $6.0B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Parker-Hannifin Corporation have?

As of fiscal year 2026, Parker-Hannifin Corporation (PH) had $501.0M in cash and equivalents against $6.8B in long-term debt.

What is Parker-Hannifin Corporation's gross margin?

Parker-Hannifin Corporation (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 Corporation's operating margin?

Parker-Hannifin Corporation (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 Corporation's net profit margin?

Parker-Hannifin Corporation (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 Corporation pay dividends?

Yes, Parker-Hannifin Corporation (PH) paid $7.40 per share in dividends during fiscal year 2026.

What is Parker-Hannifin Corporation's return on equity (ROE)?

Parker-Hannifin Corporation (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 Corporation's free cash flow?

Parker-Hannifin Corporation (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 Corporation's operating cash flow?

Parker-Hannifin Corporation (PH) generated $4.4B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Parker-Hannifin Corporation's total assets?

Parker-Hannifin Corporation (PH) had $30.9B in total assets as of fiscal year 2026, including both current and long-term assets.

What are Parker-Hannifin Corporation's capital expenditures?

Parker-Hannifin Corporation (PH) invested $459.0M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How much does Parker-Hannifin Corporation spend on research and development?

Parker-Hannifin Corporation (PH) invested $267.0M in research and development during fiscal year 2026.

Does Parker-Hannifin Corporation buy back shares?

Yes, Parker-Hannifin Corporation (PH) spent $1.3B on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

How many shares does Parker-Hannifin Corporation have outstanding?

Parker-Hannifin Corporation (PH) had 126M shares outstanding as of fiscal year 2026.

What is Parker-Hannifin Corporation's current ratio?

Parker-Hannifin Corporation (PH) had a current ratio of 1.26 as of fiscal year 2026, which is considered adequate.

What is Parker-Hannifin Corporation's debt-to-equity ratio?

Parker-Hannifin Corporation (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 Corporation's return on assets (ROA)?

Parker-Hannifin Corporation (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 Corporation's P/E ratio?

Parker-Hannifin Corporation (PH) trades at 33.7x earnings, its market capitalization divided by net income of $3.6B net income, FY2026. The market capitalization is $123.0B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Parker-Hannifin Corporation's price-to-sales ratio?

Parker-Hannifin Corporation (PH) trades at 5.7x sales, its market capitalization divided by revenue of $21.5B revenue, FY2026. The market capitalization is $123.0B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Parker-Hannifin Corporation's Altman Z-Score?

Parker-Hannifin Corporation (PH) has an Altman Z-Score of 7.18, 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 Corporation's Piotroski F-Score?

Parker-Hannifin Corporation (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 Corporation's earnings high quality?

Parker-Hannifin Corporation (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 Corporation cover its interest payments?

Parker-Hannifin Corporation (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 Corporation?

Parker-Hannifin Corporation (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.