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) Operating margin

Parker-Hannifin Corporation's operating margin over the twelve months to 30 June 2026 was 21.6%. Over the past ten years it has ranged from 10.4% (fiscal 2016) to 21.6% (fiscal 2026) — the current reading is the highest in ten years. That is above the Specialty Industrial Machinery industry median of 11.2% and above the Industrials sector median of 5.15%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2026 21.6% 1.10
FY2025 20.5% 1.32
FY2024 19.1% 3.00
FY2023 16.1% (1.57)
FY2022 17.7% 1.25
FY2021 16.5% 3.70
FY2020 12.8% (1.83)
FY2019 14.6% 1.12
FY2018 13.5% 1.01
FY2017 12.5% 2.08

Quarterly

Period Operating margin Change (points)
Jun 2026 23.9% 3.21
Mar 2026 20.7% (0.49)
Dec 2025 21.1% 0.80
Sep 2025 20.3% (1.00)
42 more quarters

Against its own ten years

Low 10.4% High 21.6%
Ten-year median 15.4%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
ITW Illinois Tool Works Inc. compare 26.5%
AME AMETEK, Inc. compare 25.9%
EMR Emerson Electric Co. compare 25.1%
PH Parker-Hannifin Corporation 21.6%
IR Ingersoll Rand Inc. compare 18.1%
ETN Eaton Corporation, PLC compare 17.7%
ROK Rockwell Automation, Inc. compare 16.2%
CMI Cummins Inc. compare 11.2%
GEV GE Vernova Inc. compare 4.36%
Specialty Industrial Machinery industry median 11.2%
Industrials sector median 5.15%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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