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) Return on assets

Parker-Hannifin Corporation's return on assets over the twelve months to 30 June 2026 was 12.1%. Over the past ten years it has ranged from 5.68% (fiscal 2022) to 12.1% (fiscal 2026) — the current reading is the highest in ten years. That is above the Specialty Industrial Machinery industry median of 4.63% and above the Industrials sector median of 1.30%.

Return on assets, annual

Annual

Period Return on assets Change (points)
FY2026 12.1% 0.08
FY2025 12.0% 2.41
FY2024 9.60% 2.15
FY2023 7.45% 1.77
FY2022 5.68% (3.00)
FY2021 8.68% 2.26
FY2020 6.42% (2.85)
FY2019 9.27% 2.38
FY2018 6.89% (0.26)
FY2017 7.15% 0.51

Against its own ten years

Low 5.68% High 12.1%
Ten-year median 7.69%
Current reading's percentile 100

Return on assets against peers

Company Return on assets
ITW Illinois Tool Works Inc. compare 19.6%
GEV GE Vernova Inc. compare 14.2%
PH Parker-Hannifin Corporation 12.1%
ROK Rockwell Automation, Inc. compare 10.8%
AME AMETEK, Inc. compare 9.89%
ETN Eaton Corporation, PLC compare 7.92%
CMI Cummins Inc. compare 7.77%
EMR Emerson Electric Co. compare 6.09%
IR Ingersoll Rand Inc. compare 5.29%
Specialty Industrial Machinery industry median 4.63%
Industrials sector median 1.30%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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