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) Debt to equity

Parker-Hannifin Corporation's debt to equity at the end of the quarter to 30 June 2026 was 0.4×. Over the past ten years it has ranged from 0.4× (fiscal 2026) to 1.2× (fiscal 2020) — the current reading is the lowest in ten years. That is above the Specialty Industrial Machinery industry median of 0.3× and above the Industrials sector median of 0.3×.

Debt to equity, annual

Annual

Period Debt to equity Change
FY2026 0.4× (19.80%)
FY2025 0.5× (7.60%)
FY2024 0.6× (30.37%)
FY2023 0.9× (22.73%)
FY2022 1.1× 40.75%
FY2021 0.8× (36.19%)
FY2020 1.2× 12.21%
FY2019 1.1× 48.39%
FY2018 0.7× (20.23%)
FY2017 0.9× 59.33%

Quarterly

Period Debt to equity Change
Jun 2026 0.4× (5.20%)
Mar 2026 0.5× (11.39%)
Dec 2025 0.5× (3.74%)
Sep 2025 0.5× (0.82%)
42 more quarters

Against its own ten years

Low 0.4× High 1.2×
Ten-year median 0.8×
Current reading's percentile 8

Debt to equity against peers

Company Debt to equity
AME AMETEK, Inc. compare 0.2×
GEV GE Vernova Inc. compare 0.2×
PH Parker-Hannifin Corporation 0.4×
IR Ingersoll Rand Inc. compare 0.5×
CMI Cummins Inc. compare 0.5×
EMR Emerson Electric Co. compare 0.6×
ROK Rockwell Automation, Inc. compare 0.7×
ETN Eaton Corporation, PLC compare 0.9×
ITW Illinois Tool Works Inc. compare 3.3×
Specialty Industrial Machinery industry median 0.3×
Industrials sector median 0.3×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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