Saturday 17 October 2026
Export PH’s income statement to Excel — free account
Parker-Hannifin Corporation
PH Industrials Specialty Industrial Machinery
Parker-Hannifin Corporation’s revenue for fiscal 2026 (year ended June 2026) was $21.5 billion, up 8.31% from fiscal 2025. In the quarter to June 2026, revenue grew 9.77%, EPS grew 19.5%, free cash flow grew 17.2% and total debt fell 9.71%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, operating cash flow growth for three.
963.34
1.59
+0.17%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to June
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 139.92 | 140.82 | 143.80 | 93.00 | 247.41 | 230.44 | 288.61 | 449.39 | 488.45 | 815.01 |
Analyst estimates 2027–2029 Powerpack |
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| High | 200.82 | 212.80 | 212.05 | 280.29 | 334.98 | 340.00 | 464.00 | 712.42 | 908.35 | 1,099.94 | |||||
| People | |||||||||||||||
| People | Employees | 56,690 | 57,170 | 55,610 | 50,520 | 54,640 | 55,090 | 62,730 | 61,120 | 57,950 | 59,850 | ||||
| Revenue/emp, $m | 0.21 | 0.25 | 0.26 | 0.27 | 0.26 | 0.29 | 0.30 | 0.33 | 0.34 | 0.36 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 12,029 | 14,302 | 14,320 | 13,696 | 14,348 | 15,862 | 19,065 | 19,930 | 19,850 | 21,499 | ||||
| Gross margin, % | 24.19 | 24.92 | 25.36 | 24.85 | 33.06 | 33.49 | 33.72 | 35.77 | 36.85 | 37.69 | |||||
| EBT | 1,329 | 1,702 | 1,949 | 1,507 | 2,247 | 1,614 | 2,680 | 3,595 | 4,107 | 4,563 | |||||
| EBT margin, % | 11.05 | 11.90 | 13.61 | 11.00 | 15.66 | 10.18 | 14.06 | 18.04 | 20.69 | 21.22 | |||||
| Net income | 984 | 1,061 | 1,525 | 1,202 | 1,747 | 1,316 | 2,084 | 2,845 | 3,532 | 3,649 | |||||
| Depreciation | 355 | 466 | 436 | 538 | 595 | 572 | 818 | 927 | 907 | 937 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 90.19 | 107.53 | 110.16 | 106.65 | 111.22 | 123.40 | 148.48 | 155.10 | 154.72 | 170.22 | ||||
| Earnings | 7.37 | 7.98 | 11.63 | 9.39 | 13.54 | 10.24 | 16.23 | 22.13 | 27.52 | 28.89 | |||||
| Cash flow | 9.75 | 12.00 | 13.31 | 16.13 | 19.96 | 19.00 | 23.21 | 26.33 | 29.43 | 34.55 | |||||
| Capex | (1.42) | (1.25) | (1.14) | (1.61) | (0.54) | (1.48) | (2.87) | (3.04) | (3.14) | (3.32) | |||||
| Free cash flow | 8.33 | 10.76 | 12.17 | 14.52 | 19.42 | 17.51 | 20.34 | 23.29 | 26.29 | 31.24 | |||||
| Book value | 39.49 | 44.10 | 45.91 | 48.61 | 65.22 | 68.93 | 80.52 | 94.02 | 106.71 | 122.03 | |||||
| Shares, m | 133 | 133 | 130 | 128 | 129 | 129 | 128 | 129 | 128 | 126 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 21.69 | 19.58 | 14.59 | 19.52 | 22.70 | 24.05 | 24.03 | 22.64 | 25.37 | 33.85 | ||||
| P/S | 1.77 | 1.45 | 1.54 | 1.72 | 2.76 | 1.99 | 2.63 | 3.23 | 4.51 | 5.75 | |||||
| P/B | 4.05 | 3.54 | 3.70 | 3.77 | 4.71 | 3.57 | 4.84 | 5.33 | 6.55 | 8.02 | |||||
| EV/Sales | 2.10 | 1.69 | 1.76 | 2.22 | 3.17 | 2.57 | 3.06 | 3.57 | 4.87 | 6.04 | |||||
| EV/FCF | 22.72 | 16.93 | 15.96 | 16.32 | 18.13 | 18.13 | 22.36 | 23.76 | 28.65 | 32.90 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 1,301 | 1,597 | 1,730 | 2,071 | 2,575 | 2,442 | 2,980 | 3,384 | 3,776 | 4,364 | ||||
| Capex | (189) | (166) | (148) | (206) | (69) | (191) | (368) | (391) | (403) | (419) | |||||
| Free cash flow | 1,111 | 1,431 | 1,582 | 1,865 | 2,506 | 2,251 | 2,612 | 2,993 | 3,373 | 3,945 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 1,384 | 1,888 | 4,521 | 1,886 | 2,520 | 6,187 | (901) | (514) | 1,131 | 1,599 | ||||
| Total debt | 4,862 | 4,319 | 6,521 | 7,652 | 6,582 | 9,756 | 8,796 | 7,157 | 7,494 | 6,766 | |||||
| Net debt | 3,938 | 3,463 | 3,150 | 6,896 | 5,810 | 9,192 | 8,321 | 6,735 | 7,027 | 6,265 | |||||
| Shareholders’ equity | 5,267 | 5,865 | 5,968 | 6,242 | 8,414 | 8,860 | 10,338 | 12,081 | 13,691 | 15,413 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 7.15 | 6.89 | 9.27 | 6.42 | 8.68 | 5.68 | 7.45 | 9.60 | 12.01 | 12.09 | ||||
| ROIC | 10.17 | 12.89 | 14.31 | 8.31 | 10.37 | 9.72 | 10.30 | 12.67 | 12.25 | 13.36 | |||||
| ROE | 19.98 | 19.06 | 25.77 | 19.69 | 23.83 | 15.23 | 21.70 | 25.37 | 27.40 | 25.07 | |||||
Negative figures in brackets.
Fiscal years to Jun 2026 · latest quarter Jun 2026
Charts ten years each
Parker-Hannifin Corporation vs peers in Specialty Industrial Machinery (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| GEV GE Vernova Inc. | $246.7B | 26.0× | 30.1× | +21.87% (above 0%: growing) | +31.75% (above 0%: growing) | +2,544.33% (above 0%: growing) | 21.26% | 5.90% | Compare |
| ETN Eaton Corporation, PLC | $156.3B | 39.7× | 34.3× | +21.39% (above 0%: growing) | −16.27% (below 0%: shrinking) | +21.53% (above 0%: growing) | 33.47% | 16.32% | Compare |
| PH Parker-Hannifin Corporation | $121.3B | 33.3× | 28.8× | +9.77% (above 0%: growing) | +19.45% (above 0%: growing) | +17.22% (above 0%: growing) | 39.04% | 23.86% | |
| EMR Emerson Electric Co. | $90.5B | 35.3× | 28.3× | +7.03% (above 0%: growing) | +23.08% (above 0%: growing) | +35.31% (above 0%: growing) | 54.48% | 26.92% | Compare |
| ITW Illinois Tool Works Inc. | $77.2B | 24.6× | 22.3× | +6.12% (above 0%: growing) | +10.47% (above 0%: growing) | +39.74% (above 0%: growing) | 44.13% | 26.67% | Compare |
| CMI Cummins Inc. | $73.3B | 27.0× | 23.2× | +9.42% (above 0%: growing) | +4.64% (above 0%: growing) | +125.63% (above 0%: growing) | 26.07% | 13.52% | Compare |
| AME AMETEK, Inc. | $57.0B | 36.1× | 31.3× | +14.98% (above 0%: growing) | +14.84% (above 0%: growing) | +36.95% (above 0%: growing) | 35.95% | 25.84% | Compare |
| ROK Rockwell Automation, Inc. | $46.9B | 39.9× | 36.1× | +7.88% (above 0%: growing) | +40.38% (above 0%: growing) | +33.74% (above 0%: growing) | 49.46% | 21.75% | Compare |
| IR Ingersoll Rand Inc. | $30.2B | 31.7× | 29.8× | +8.52% (above 0%: growing) | n/m | +28.33% (above 0%: growing) | 42.10% | 18.56% | Compare |
| Median of peers | $75.3B | 33.5× | 30.0× | +8.97% | +14.84% | +36.13% | 39.03% | 20.16% |
PH metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- 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
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
Parker-Hannifin Corporation (PH) key facts
- Strength: Parker-Hannifin Corporation’s revenue for fiscal 2026 (year ended June 2026) was $21.5 billion, up 8.31% from fiscal 2025.
- Strength: Net income was $3.6 billion, or $28.89 per share (basic), a net margin of 17.0%.
- Parker-Hannifin Corporation (PH) is a Specialty Industrial Machinery company in the Industrials sector, listed on the New York Stock Exchange.
- As of October 16, 2026, PH traded at $963.34, a market capitalization of $121.3 billion.
- At that price the stock trades at 33.3× trailing-twelve-month earnings and 5.7× sales; its P/E is higher than 95% of its own readings over the past ten years.
- Parker-Hannifin Corporation pays an annual dividend of $7.60 per share, a yield of 0.79%, with a payout ratio of 26.7%.
- Return on equity was 25.1% and debt-to-equity 0.44.
- Its Piotroski F-score is 9 out of 9 and its Altman Z-score is 7.16 (safe zone) for fiscal 2026.