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) Gross margin

Parker-Hannifin Corporation's gross margin over the twelve months to 30 June 2026 was 37.7%. Over the past ten years it has ranged from 22.3% (fiscal 2016) to 37.7% (fiscal 2026) — the current reading is the highest in ten years. That is in line with the Specialty Industrial Machinery industry median of 35.9% and above the Industrials sector median of 30.5%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2026 37.7% 0.84
FY2025 36.9% 1.08
FY2024 35.8% 2.05
FY2023 33.7% 0.23
FY2022 33.5% 0.43
FY2021 33.1% 8.21
FY2020 24.9% (0.51)
FY2019 25.4% 0.44
FY2018 24.9% 0.73
FY2017 24.2% 1.86

Quarterly

Period Gross margin Change (points)
Jun 2026 39.0% 2.27
Mar 2026 36.8% (0.55)
Dec 2025 37.3% (0.19)
Sep 2025 37.5% 0.16
42 more quarters

Against its own ten years

Low 22.3% High 37.7%
Ten-year median 29.2%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
EMR Emerson Electric Co. compare 53.2%
ROK Rockwell Automation, Inc. compare 49.1%
ITW Illinois Tool Works Inc. compare 44.2%
IR Ingersoll Rand Inc. compare 42.8%
PH Parker-Hannifin Corporation 37.7%
AME AMETEK, Inc. compare 36.4%
ETN Eaton Corporation, PLC compare 35.9%
CMI Cummins Inc. compare 25.3%
GEV GE Vernova Inc. compare 20.2%
Specialty Industrial Machinery industry median 35.9%
Industrials sector median 30.5%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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