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Friday 6 November 2026 Export PH’s income statement to Excel — free account

Parker-Hannifin Corporation

PH Industrials Specialty Industrial Machinery

Parker-Hannifin Corporation’s revenue for fiscal 2026 (year ended June 2026) was $21.5 billion, up 8.31% from fiscal 2025.

Revenue
+17.9%
EPS
+9.70%
Free cash flow
+7.58%
Total debt
+70.1%

Quarter to September 2026, against a year earlier

899.08 11.11 −1.22%
Market cap
$112.5B
P/E
30.5×
Fwd P/E
29.1×
Dividend yield
0.85%
F-score
9/9
Altman Z
7.16
Beneish M
−2.50
Dividend safety
96/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Revenue by segment Fiscal 2026

  • Diversified Industrial
  • Aerospace Systems

Every year since 2015 →

Insider Decisions last twelve months

Sold, $m 17.67
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell 1 2 11 — — — — — 9 1 — —
Insider Ownership 0.19%

Capital & Financial Ratios $m

Size
Market Cap 112,530.00
Revenue ttm 22,407.00
Net income ttm 3,649.00
Free cash flow ttm 4,334.00
Net debt Q 12,023.00
Valuation
P/E 30.46
Forward P/E 29.10
Price / sales 5.06
Forward P/S Powerpack
Price / FCF 28.96
Price / book 7.06 (above 6: high)
Financial health
Current ratio Q 0.94 (below 1: weak)
Debt / equity Q 0.79
Interest coverage Q 14.45
Growth
Revenue growth Q +17.86% (above 0%: growing)
Operating income growth Q +22.70% (above 0%: growing)
EPS, this year +11.77%
EPS, next year A +11.46%
Revenue, next year A +14.77% (at or above 10%: strong)
EPS, past 5 yrs +16.36% (at or above 15%: strong)
EPS, next 5 yrs A +11.10%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 5.6×, against a ten-year median of 2.8×; over the ten years it ranged from 1.2× in 2016 to 6.6× in 2026.
P/E against its own 10 years 86.76%
10-year low 10-year high
P/S against its own 10 years 90.98%
10-year low 10-year high
P/B against its own 10 years 89.84%
10-year low 10-year high
EV/Sales against its own 10 years 91.79%
10-year low 10-year high
EV/FCF against its own 10 years 92.30%
10-year low 10-year high

Dividends raised every year since 2018

Yield
0.85%
Annual rate
7.60
Payout ratio
26.1%
Growth, 2018–26
+13.0%/yr
  1. 2.94 ’18
  2. 3.40 ’19 +16
  3. 3.52 ’20 +4
  4. 3.97 ’21 +13
  5. 5.02 ’22 +26
  6. 5.77 ’23 +15
  7. 6.37 ’24 +10
  8. 7.03 ’25 +10
  9. 7.80 ’26 +11
paid change on the year, % Powerpack

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 422 467 501 711
Receivables 2,866 2,910 3,170 3,492
Inventory 2,787 2,839 3,166 3,640
Other 140 153 200 226
6,799 6,950 7,695 8,701
2024 2025 2026 Q'26
Payables 1,992 2,126 2,439 2,673
ST’ Debt — — — —
Other — 1,315 1,245 1,327
7,313 5,819 6,096 9,219

Compound Annual Growth %

10y 5y 3y
Sales 6.59% 8.42% 4.09%
Cash Flow 13.68% 11.13% 13.56%
Earnings 16.29% 15.88% 20.54%
Book Value 12.91% 12.87% 14.24%

Earnings Trends EPS, adjusted, against the consensus

Q4 FY26 Estimate 8.29 Actual 9.27

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q1 FY26 6.67 7.22 Beat by 0.55
Q2 FY26 7.15 7.65 Beat by 0.50
Q3 FY26 7.85 8.17 Beat by 0.32
Q4 FY26 8.29 9.27 Beat by 0.98
Q1 FY27 8.23 — Reports 5 November 2026

EPS $

Sep Dec Mar Jun Year
’26 6.92 — — — —
’26 6.29 6.60 7.06 8.54 28.48
’25 5.34 7.25 7.37 7.16 27.12
’24 4.99 5.23 5.56 6.01 21.84
’23 2.98 3.04 4.54 5.44 16.04
’22 3.45 2.97 2.67 0.99 10.09
’21 2.47 3.41 3.59 3.84 13.35
Fiscal quarters ending in the months shown.

Revenue $m

Sep Dec Mar Jun Year
’26 5,992 — — — —
’26 5,084 5,174 5,486 5,755 21,499
’25 4,904 4,743 4,960 5,243 19,850
’24 4,847 4,821 5,074 5,187 19,930
’23 4,233 4,675 5,062 5,096 19,065
’22 3,763 3,825 4,086 4,188 15,862
’21 3,231 3,412 3,746 3,959 14,348
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Sep Dec Mar Jun Year
’26 752 — — — —
’26 782 862 984 1,736 4,364
’25 744 935 630 1,467 3,776
’24 650 702 795 1,237 3,384
’23 457 619 719 1,185 2,980
’22 424 581 543 893 2,442
’21 737 617 527 694 2,575
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Sep Dec Mar Jun Year
’26 752 — — — —
’26 699 794 886 1,566 3,945
’25 662 814 561 1,336 3,373
’24 553 596 723 1,120 2,993
’23 385 517 632 1,078 2,612
’22 384 538 497 832 2,251
’21 702 684 493 628 2,506
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing 11.3% a year for ten years. It grew 14.6% a year over the last ten.

Implied
11.3%
10 years, reported
14.6%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

1.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to June

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Sep ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 12,029 14,302 14,320 13,696 14,348 15,862 19,065 19,930 19,850 21,499 22,407 +6.7% 24,674 26,592 28,061 +9.3%
Gross margin, % 24.19 24.92 25.36 24.85 33.06 33.49 33.72 35.77 36.85 37.69 37.74 +13.5 pt
EBT 1,329 1,702 1,949 1,507 2,247 1,614 2,680 3,595 4,107 4,563 4,660 +14.7%
EBT margin, % 11.05 11.90 13.61 11.00 15.66 10.18 14.06 18.04 20.69 21.22 20.80 +10.2 pt
Net income 984 1,061 1,525 1,202 1,747 1,316 2,084 2,845 3,532 3,649 3,649 +15.7%
Per share, $
Per share, $ Revenue 90.19 107.53 110.16 106.65 111.22 123.40 148.48 155.10 154.72 170.22 177.69 +7.3%
Earnings 7.37 7.98 11.63 9.39 13.54 10.24 16.23 22.13 27.52 28.89 29.52 +16.4%
Cash flow 9.75 12.00 13.31 16.13 19.96 19.00 23.21 26.33 29.43 34.55 34.37 +15.1%
Capex (1.42) (1.25) (1.14) (1.61) (0.54) (1.48) (2.87) (3.04) (3.14) (3.32) 0.00 +9.9%
Free cash flow 8.33 10.76 12.17 14.52 19.42 17.51 20.34 23.29 26.29 31.24 34.37 +15.8%
Book value 39.49 44.10 45.91 48.61 65.22 68.93 80.52 94.02 106.71 122.03 127.44 +13.4%
Shares, m 133 133 130 128 129 129 128 129 128 126 126 (0.6%)
Valuation, ×
Valuation, × P/E 21.69 19.58 14.59 19.52 22.70 24.05 24.03 22.64 25.37 33.85 30.46 22.8
P/S 1.77 1.45 1.54 1.72 2.76 1.99 2.63 3.23 4.51 5.75 5.06 2.7
P/B 4.05 3.54 3.70 3.77 4.71 3.57 4.84 5.33 6.55 8.02 7.06 4.8
EV/Sales 2.10 1.69 1.76 2.22 3.17 2.57 3.06 3.57 4.87 6.04 5.60 3.1
EV/FCF 22.72 16.93 15.96 16.32 18.13 18.13 22.36 23.76 28.65 32.90 32.03 21.6
Cash, $m
Cash, $m Operating cash flow 1,301 1,597 1,730 2,071 2,575 2,442 2,980 3,384 3,776 4,364 4,334 +14.4%
Capex (189) (166) (148) (206) (69) (191) (368) (391) (403) (419) (419) +9.2%
Free cash flow 1,111 1,431 1,582 1,865 2,506 2,251 2,612 2,993 3,373 3,945 4,334 +15.1%
Balance, $m
Balance, $m Working capital 1,384 1,888 4,521 1,886 2,520 6,187 (901) (514) 1,131 1,599 (518) +1.6%
Net debt 3,938 3,463 3,150 6,896 5,810 9,192 8,321 6,735 7,027 6,265 12,023 +5.3%
Shareholders’ equity 5,267 5,865 5,968 6,242 8,414 8,860 10,338 12,081 13,691 15,413 16,070 +12.7%
Returns, %
Returns, % ROA 7.15 6.89 9.27 6.42 8.68 5.68 7.45 9.60 12.01 12.09 10.26 +4.9 pt
ROIC 10.17 12.89 14.31 8.31 10.37 9.72 10.30 12.67 12.25 13.36 0.00 +3.2 pt
ROE 19.98 19.06 25.77 19.69 23.83 15.23 21.70 25.37 27.40 25.07 24.95 +5.1 pt
People
People Employees 56,690 57,170 55,610 50,520 54,640 55,090 62,730 61,120 57,950 59,850 — +0.6%
Revenue/emp, $m 0.21 0.25 0.26 0.27 0.26 0.29 0.30 0.33 0.34 0.36 — +6.0%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Jun 2026 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Business profile

Updated

Parker-Hannifin designs and manufactures components and systems that control motion, fluids and gases. Its products help equipment move, regulate pressure, seal connections, filter materials and manage temperature. It also supplies replacement parts and maintenance support after equipment enters service.

The company serves manufacturers of industrial machinery, vehicles and aircraft, as well as distributors and equipment users. Its markets include aerospace and defense, factories, transportation, off-highway equipment, energy, and heating, ventilation, air conditioning and refrigeration. Examples of its products range from hydraulic pumps, valves and seals to aircraft flight-control and fuel systems.

Where the money comes from and where it goes Fiscal 2026

Fiscal 2026: revenue by segment, and margins
Diversified Industrial 14,438 67.16%
Aerospace Systems 7,061 32.84%
Gross margin 37.69%
Operating margin 21.55%
Pre-tax margin 21.22%

Revenue by segment since 2015

Parker-Hannifin Corporation vs peers in Specialty Industrial Machinery (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
GEV GE Vernova Inc. $220.4B 20.1× 27.3× +26.81% (above 0%: growing) +191.92% (above 0%: growing) +640.03% (above 0%: growing) 24.57% 11.03% Compare
ETN Eaton Corporation, PLC $137.1B 32.6× 32.9× +28.03% (above 0%: growing) +6.79% (above 0%: growing) −11.00% (below 0%: shrinking) 34.70% 17.76% Compare
PH Parker-Hannifin Corporation $114.8B 30.5× 29.1× +17.86% (above 0%: growing) +9.70% (above 0%: growing) +7.58% (above 0%: growing) 37.73% 0.00%
EMR Emerson Electric Co. $95.1B 35.7× 33.6× +7.10% (above 0%: growing) +23.08% (above 0%: growing) +35.31% (above 0%: growing) 52.68% 25.90% Compare
ITW Illinois Tool Works Inc. $83.4B 25.4× 24.3× +4.36% (above 0%: growing) +6.53% (above 0%: growing) −5.57% (below 0%: shrinking) 45.09% 27.79% Compare
CMI Cummins Inc. $65.0B 18.6× 17.8× +13.48% (above 0%: growing) +113.66% (above 0%: growing) +9.43% (above 0%: growing) 27.71% 15.30% Compare
AME AMETEK, Inc. $54.4B 31.4× 32.8× +17.31% (above 0%: growing) +15.55% (above 0%: growing) +25.59% (above 0%: growing) 36.50% 26.35% Compare
ROK Rockwell Automation, Inc. $49.3B 35.6× 33.8× +7.88% (above 0%: growing) +40.38% (above 0%: growing) +33.74% (above 0%: growing) 49.46% 21.75% Compare
IR Ingersoll Rand Inc. $32.3B 22.9× 32.9× +5.62% (above 0%: growing) +180.65% (above 0%: growing) +91.49% (above 0%: growing) 44.76% 37.90% Compare
Median of peers $74.2B 28.4× 32.8× +10.68% +31.73% +29.66% 40.63% 23.83%

All 79 Specialty Industrial Machinery stocks →

From the latest earnings call

Updated

  • CEO Jenny Parmentier said demand increased across Parker’s markets, with aerospace, industrial and filtration businesses contributing to a $13.7 billion first-quarter backlog.
  • CFO Todd Leombruno said Parker raised its fiscal 2027 outlook following the first quarter, higher order levels and the inclusion of Filtration Group.

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 89.97%
Held by the ten largest 42.02%
Holder Shares Stake Change
Vanguard 11.37m 9.02% +98.69k
BlackRock 10.39m 8.24% +389.83k
State Street 9.39m 7.45% +42.55k
Procyon Advisors, LLC 5.07m 4.02% −133.00
Fidelity (FMR) 3.89m 3.09% −152.55k
Bank of America 3.35m 2.66% −136.86k
Geode Capital Management 2.89m 2.29% −28.55k
Morgan Stanley 2.58m 2.05% +27.16k
UBS 2.03m 1.61% −41.87k
Invesco 2.01m 1.59% −346.01k
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Pay and ownership Proxy statement filed 18 September 2026

Ownership

Directors and executive officers, together 0.35%
State Street CorporationOne Congress Street, Suite 7.78%
Vanguard Capital Management LLC100 Vanguard Blvd.Malvern, PA 7.48%
BlackRock, Inc.50 Hudson YardsNew York, NY 6.77%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Parker-Hannifin Corporation (PH) Latest News

5 Nov

Impact 4 · · GuruFocus.com
Impact 4 · · GlobeNewswire
Impact 3 · · The Motley Fool transcript
Impact 3 · · Zacks
Impact 3 · · Zacks
Impact 3 · · Simply Wall St.
Impact 3 · · StockStory
Impact 3 · · Associated Press

29 Oct

Impact 4 · · Simply Wall St.
Impact 3 · · Zacks
Impact 3 · · Simply Wall St.

28 Oct

Impact 4 · · MarketBeat
Impact 3 · · Zacks

26 Oct

Impact 4 · · Barchart

20 Oct

Impact 3 · · GlobeNewswire

15 Oct

Impact 4 · · Zacks

11 Oct

Impact 4 · · Insider Monkey

8 Oct

Impact 4 · · Zacks

7 Oct

Impact 3 · · MarketBeat
Impact 3 · · Simply Wall St.

6 Oct

Impact 3 · · Zacks
Impact 3 · · StockStory

5 Oct

Impact 4 · · Insider Monkey

2 Oct

Impact 4 · · Zacks

1 Oct

Impact 3 · · Trefis

28 Sep

Impact 3 ·

24 Sep

Impact 3 · · Trefis

22 Sep

Impact 3 · · StockStory

11 Sep

Impact 3 ·

15 Aug

Impact 4 ·

PH metrics, ten years each

stockrow.com/PH · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com