Parker-Hannifin Corporation PH
978.33
3.35
0.34%
as of 25 Sep
- Market cap
- $123.0B
- P/E
- 33.9×
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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 | Free account |
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)
More on PH
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement