Parker Hannifin (PH) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jun 2025Income Metrics
Revenue
5.2B
Gross Profit
2.0B
37.34%
Operating Income
1.1B
21.33%
Net Income
923.6M
17.62%
EPS (Diluted)
$7.15
Balance Sheet Metrics
Total Assets
29.5B
Total Liabilities
15.8B
Shareholders Equity
13.7B
Debt to Equity
1.15
Cash Flow Metrics
Operating Cash Flow
1.2B
Free Cash Flow
1.3B
Revenue & Profitability Trend
Parker Hannifin Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 19.8B | 19.9B | 19.1B | 15.9B | 14.3B |
| Cost of Goods Sold | 12.5B | 12.8B | 12.6B | 10.6B | 9.6B |
| Gross Profit | 7.3B | 7.1B | 6.4B | 5.3B | 4.7B |
| Gross Margin % | 36.9% | 35.8% | 33.7% | 33.5% | 33.1% |
| Operating Expenses | |||||
| Research & Development | - | - | - | - | - |
| Selling, General & Administrative | 3.3B | 3.3B | 3.3B | 2.5B | 2.4B |
| Other Operating Expenses | - | - | - | - | - |
| Total Operating Expenses | 3.3B | 3.3B | 3.3B | 2.5B | 2.4B |
| Operating Income | 4.1B | 3.8B | 3.1B | 2.8B | 2.3B |
| Operating Margin % | 20.5% | 19.1% | 16.5% | 17.7% | 16.1% |
| Non-Operating Items | |||||
| Interest Income | 11.0M | 15.0M | 46.0M | 10.0M | 7.0M |
| Interest Expense | 409.0M | 506.5M | 573.9M | 255.3M | 250.0M |
| Other Non-Operating Income | 445.0M | 273.6M | 65.5M | -937.8M | 179.3M |
| Pre-tax Income | 4.1B | 3.6B | 2.7B | 1.6B | 2.2B |
| Income Tax | 575.0M | 749.7M | 596.1M | 298.0M | 500.1M |
| Effective Tax Rate % | 14.0% | 20.9% | 22.2% | 18.5% | 22.3% |
| Net Income | 3.5B | 2.8B | 2.1B | 1.3B | 1.7B |
| Net Margin % | 17.8% | 14.3% | 10.9% | 8.3% | 12.2% |
| Key Metrics | |||||
| EBITDA | 5.2B | 5.0B | 4.1B | 2.4B | 3.0B |
| EPS (Basic) | $27.52 | $22.13 | $16.23 | $10.24 | $13.54 |
| EPS (Diluted) | $27.12 | $21.84 | $16.04 | $10.09 | $13.35 |
| Basic Shares Outstanding | 128300000 | 128507352 | 128367842 | 128539387 | 128999879 |
| Diluted Shares Outstanding | 128300000 | 128507352 | 128367842 | 128539387 | 128999879 |
Income Statement Trend
Parker Hannifin Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 467.0M | 422.0M | 475.2M | 535.8M | 733.1M |
| Short-term Investments | - | - | 8.4M | 27.9M | 39.1M |
| Accounts Receivable | 2.9B | 2.9B | 2.8B | 2.3B | 2.2B |
| Inventory | 2.8B | 2.8B | 2.9B | 2.2B | 2.1B |
| Other Current Assets | 153.0M | 392.8M | 314.7M | - | - |
| Total Current Assets | 7.0B | 6.8B | 6.8B | 12.0B | 5.6B |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 28.8B | 28.8B | 29.7B | 18.6B | 19.6B |
| Intangible Assets | 7.4B | 7.8B | 8.5B | 3.1B | 3.5B |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | 1.5B | 1.3B | 1.2B | 110.6M | 104.3M |
| Total Non-Current Assets | 22.5B | 22.5B | 23.1B | 13.9B | 14.7B |
| Total Assets | 29.5B | 29.3B | 30.0B | 25.9B | 20.3B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 2.1B | 2.0B | 2.1B | 1.7B | 1.7B |
| Short-term Debt | 1.8B | 3.4B | 3.8B | 1.7B | 2.8M |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | - | - | - | - | - |
| Total Current Liabilities | 5.8B | 7.3B | 7.7B | 5.9B | 3.1B |
| Non-Current Liabilities | |||||
| Long-term Debt | 7.5B | 7.2B | 8.8B | 9.8B | 6.6B |
| Deferred Tax Liabilities | 1.5B | 1.6B | 1.6B | 307.0M | 554.0M |
| Other Non-Current Liabilities | 733.0M | 725.2M | 893.4M | 521.9M | 639.4M |
| Total Non-Current Liabilities | 10.0B | 9.9B | 11.9B | 11.2B | 8.8B |
| Total Liabilities | 15.8B | 17.2B | 19.6B | 17.1B | 11.9B |
| Equity | |||||
| Common Stock | 91.0M | 90.5M | 90.5M | 90.5M | 90.5M |
| Retained Earnings | 21.8B | 19.1B | 17.0B | 15.7B | 14.9B |
| Treasury Stock | 7.5B | 5.9B | 5.8B | 5.7B | 5.4B |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 13.7B | 12.1B | 10.3B | 8.9B | 8.4B |
| Key Metrics | |||||
| Total Debt | 9.3B | 10.6B | 12.6B | 11.5B | 6.6B |
| Working Capital | 1.1B | -514.7M | -901.1M | 6.2B | 2.5B |
Balance Sheet Composition
Parker Hannifin Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 3.5B | 2.8B | 2.1B | 1.3B | 1.7B |
| Depreciation & Amortization | 907.0M | 927.1M | 818.1M | 571.8M | 595.4M |
| Stock-Based Compensation | 159.0M | 155.2M | 142.7M | 137.1M | 121.5M |
| Working Capital Changes | -107.0M | -371.6M | -163.0M | -311.1M | 198.0M |
| Operating Cash Flow | 4.2B | 3.6B | 3.0B | 1.4B | 2.6B |
| Investing Activities | |||||
| Capital Expenditures | 32.0M | 9.1M | 13.2M | 39.4M | 140.6M |
| Acquisitions | 623.0M | 77.7M | -6.7B | 3.4M | 0 |
| Investment Purchases | 0 | -17.2M | -1.4B | -27.9M | -34.8M |
| Investment Sales | - | 24.3M | 56.8M | 31.8M | 79.4M |
| Investing Cash Flow | 659.0M | 101.5M | -7.8B | -188.8M | 209.9M |
| Financing Activities | |||||
| Share Repurchases | -1.8B | -332.1M | -297.3M | -460.1M | -218.8M |
| Dividends Paid | -861.0M | -782.0M | -704.1M | -569.9M | -475.2M |
| Debt Issuance | 751.0M | 24.0M | 2.0B | 3.6B | 1.2M |
| Debt Repayment | -2.1B | -2.4B | -2.3B | -18.7M | -1.2B |
| Financing Cash Flow | -4.3B | -3.1B | -974.5M | 3.9B | -2.6B |
| Free Cash Flow | 3.3B | 3.0B | 2.6B | 2.2B | 2.4B |
| Net Change in Cash | 515.0M | 596.5M | -5.8B | 5.2B | 206.5M |
Cash Flow Trend
Parker Hannifin Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
28.01
Forward P/E
25.81
Price to Book
7.03
Price to Sales
4.84
PEG Ratio
1.49
Profitability Ratios
Profit Margin
17.79%
Operating Margin
21.94%
Return on Equity
27.41%
Return on Assets
8.90%
Financial Health
Current Ratio
1.19
Debt to Equity
69.29
Beta
1.35
Per Share Data
EPS (TTM)
$27.13
Book Value per Share
$108.07
Revenue per Share
$154.72
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| ph | 96.3B | 28.01 | 7.03 | 27.41% | 17.79% | 69.29 |
| GE Vernova | 172.5B | 151.50 | 19.14 | 11.41% | 3.16% | 10.65 |
| Eaton | 147.3B | 38.02 | 7.92 | 20.73% | 15.10% | 62.39 |
| Emerson Electric | 78.4B | 34.15 | 3.76 | 9.16% | 14.92% | 74.77 |
| Illinois Tool Works | 76.6B | 22.91 | 23.69 | 109.02% | 21.31% | 278.33 |
| Cummins | 58.9B | 19.94 | 4.97 | 26.15% | 8.72% | 68.07 |
Financial data is updated regularly. All figures are in the company's reporting currency.