Parker-Hannifin Corporation PH

978.33 3.35 0.34% as of 25 Sep
Market cap
$123.0B
P/E
33.9×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Parker-Hannifin Corporation (PH) Current ratio

Parker-Hannifin Corporation's current ratio at the end of the quarter to 30 June 2026 was 1.3×. Over the past ten years it has ranged from 0.9× (fiscal 2023) to 2.4× (fiscal 2019); the current reading is higher than 33% of that period. That is below the Specialty Industrial Machinery industry median of 2.1× and below the Industrials sector median of 1.8×.

Current ratio, annual

Annual

Period Current ratio Change
FY2026 1.3× 5.68%
FY2025 1.2× 28.47%
FY2024 0.9× 5.23%
FY2023 0.9× (57.03%)
FY2022 2.1× 13.35%
FY2021 1.8× 13.43%
FY2020 1.6× (34.31%)
FY2019 2.4× 53.07%
FY2018 1.6× 12.99%
FY2017 1.4× (36.06%)

Quarterly

Period Current ratio Change
Jun 2026 1.3× 11.78%
Mar 2026 1.1× (4.45%)
Dec 2025 1.2× 10.86%
Sep 2025 1.1× (10.74%)
42 more quarters

Against its own ten years

Low 0.9× High 2.4×
Ten-year median 1.6×
Current reading's percentile 33

Current ratio against peers

Company Current ratio
CMI Cummins Inc. compare 1.7×
IR Ingersoll Rand Inc. compare 1.6×
PH Parker-Hannifin Corporation 1.3×
ETN Eaton Corporation, PLC compare 1.2×
AME AMETEK, Inc. compare 1.2×
ITW Illinois Tool Works Inc. compare 1.1×
ROK Rockwell Automation, Inc. compare 1.1×
EMR Emerson Electric Co. compare 0.9×
GEV GE Vernova Inc. compare 0.8×
Specialty Industrial Machinery industry median 2.1×
Industrials sector median 1.8×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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