Parker-Hannifin (PH) Financials

$711.50 -20.40 (-2.79%)

Closing price 08/1/2025 03:59 PM Eastern

Extended Trading

$710.24 -1.27 (-0.18%)

As of 08/1/2025 07:57 PM Eastern

Annual Income Statements for Parker-Hannifin

This table shows Parker-Hannifin's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024
Net Income / (Loss) Attributable to Common Shareholders	1,012	807	983	1,061	1,525	1,202	1,746	1,316	2,083	2,844
Consolidated Net Income / (Loss)	1,013	807	984	1,061	1,525	1,202	1,747	1,316	2,084	2,845
Net Income / (Loss) Continuing Operations	1,013	807	984	1,061	1,525	1,202	1,747	1,316	2,084	2,845
Total Pre-Tax Income	1,432	1,115	1,329	1,702	1,949	1,507	2,247	1,614	2,680	3,595
Total Operating Income	1,507	1,189	1,541	1,929	2,078	1,748	2,469	2,807	3,075	3,813
Total Gross Profit	3,056	2,537	2,910	3,565	3,631	3,403	4,743	5,311	6,429	7,128
Total Revenue	12,712	11,361	12,029	14,302	14,320	13,696	14,348	15,862	19,065	19,930
Operating Revenue	12,712	11,361	12,029	14,302	14,320	13,696	14,348	15,862	19,065	19,930
Total Cost of Revenue	9,655	8,823	9,119	10,738	10,689	10,292	9,605	10,550	12,636	12,802
Operating Cost of Revenue	9,655	8,823	9,119	10,738	10,689	10,292	9,605	10,550	12,636	12,802
Total Operating Expenses	1,549	1,348	1,370	1,636	1,553	1,655	2,274	2,504	3,354	3,315
Selling, General & Admin Expense	1,545	1,359	1,413	1,640	1,544	1,657	2,383	2,504	3,354	3,315
Total Other Income / (Expense), net	-75	-74	-212	-227	-129	-241	-222	-1,193	-396	-218
Interest Expense	118	137	162	214	190	308	250	255	574	506
Other Income / (Expense), net	43	62	-50	-13	61	67	28	-938	178	288
Income Tax Expense	420	308	345	641	424	305	500	298	596	750
Net Income / (Loss) Attributable to Noncontrolling Interest	0.41	0.38	0.43	0.51	0.57	0.36	0.76	0.58	0.60	0.72
Basic Earnings per Share	$7.08	$5.96	$7.37	$7.98	$11.73	$9.36	$13.54	$10.24	$16.23	$22.13
Weighted Average Basic Shares Outstanding	142.93M	135.35M	133.38M	133.00M	128.44M	128.56M	129.10M	128.40M	128.43M	128.60M
Diluted Earnings per Share	$6.97	$5.89	$7.25	$7.83	$11.57	$9.26	$13.35	$10.09	$16.04	$21.84
Weighted Average Diluted Shares Outstanding	142.93M	135.35M	133.38M	133.00M	128.44M	128.56M	129.10M	128.40M	128.43M	128.60M
Weighted Average Basic & Diluted Shares Outstanding	142.93M	135.35M	133.38M	133.00M	128.44M	128.56M	129.10M	128.40M	128.43M	128.60M
Cash Dividends to Common per Share	$2.37	-	$2.58	$2.74	$3.16	$3.52	$3.67	$4.42	$5.47	$6.07

This table shows Parker-Hannifin's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	388	395	591	709	651	682	727	785	698	949	961
Consolidated Net Income / (Loss)	388	395	591	709	651	682	727	785	699	949	961
Net Income / (Loss) Continuing Operations	388	395	591	709	651	682	727	785	699	949	961
Total Pre-Tax Income	503	517	756	903	820	868	920	986	875	1,166	995
Total Operating Income	602	623	853	998	876	912	978	1,046	957	938	1,046
Total Gross Profit	1,437	1,438	1,721	1,833	1,750	1,719	1,795	1,864	1,806	1,720	1,830
Total Revenue	4,233	4,675	5,062	5,096	4,847	4,821	5,074	5,187	4,904	4,743	4,960
Operating Revenue	4,233	4,675	5,062	5,096	4,847	4,821	5,074	5,187	4,904	4,743	4,960
Total Cost of Revenue	2,795	3,237	3,341	3,263	3,097	3,102	3,280	3,323	3,098	3,022	3,130
Operating Cost of Revenue	2,795	3,237	3,341	3,263	3,097	3,102	3,280	3,323	3,098	3,022	3,130
Total Operating Expenses	836	815	868	835	874	807	816	818	849	782	784
Selling, General & Admin Expense	836	815	868	835	874	807	816	818	849	782	784
Total Other Income / (Expense), net	-98	-106	-96	-95	-56	-44	-58	-60	-82	228	-51
Interest Expense	118	147	152	157	134	129	124	119	113	101	96
Other Income / (Expense), net	20	41	56	62	78	85	65	60	31	329	45
Income Tax Expense	115	121	165	194	169	186	193	201	177	217	34
Net Income / (Loss) Attributable to Noncontrolling Interest	0.18	0.22	0.07	0.12	0.25	0.21	0.16	0.11	0.11	0.11	0.32
Basic Earnings per Share	$3.02	$3.08	$4.61	$5.52	$5.07	$5.31	$5.65	$6.10	$5.43	$7.37	$7.48
Weighted Average Basic Shares Outstanding	128.41M	128.27M	128.30M	128.43M	128.48M	128.41M	128.54M	128.60M	128.72M	128.76M	127.78M
Diluted Earnings per Share	$2.98	$3.04	$4.54	$5.48	$4.99	$5.23	$5.56	$6.06	$5.34	$7.25	$7.37
Weighted Average Diluted Shares Outstanding	128.41M	128.27M	128.30M	128.43M	128.48M	128.41M	128.54M	128.60M	128.72M	128.76M	127.78M
Weighted Average Basic & Diluted Shares Outstanding	128.41M	128.27M	128.30M	128.43M	128.48M	128.41M	128.54M	128.60M	128.72M	128.76M	127.78M
Cash Dividends to Common per Share	$1.33	$1.33	$1.33	-	$1.48	$1.48	$1.48	-	$1.63	$1.63	$1.63

This table details how cash moves in and out of Parker-Hannifin's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024
Net Change in Cash & Equivalents	-433	41	-280	-62	2,414	-2,534	48	5,915	-6,173	-53
Net Cash From Operating Activities	1,363	1,211	1,301	1,597	1,730	2,071	2,575	2,442	2,980	3,384
Net Cash From Continuing Operating Activities	1,363	1,211	1,301	1,597	1,730	2,071	2,575	2,442	2,980	3,384
Net Income / (Loss) Continuing Operations	1,013	807	984	1,061	1,525	1,202	1,747	1,316	2,084	2,845
Consolidated Net Income / (Loss)	1,013	807	984	1,061	1,525	1,202	1,747	1,316	2,084	2,845
Depreciation Expense	203	190	203	238	226	253	270	257	317	349
Amortization Expense	115	117	152	228	211	285	325	314	501	578
Non-Cash Adjustments To Reconcile Net Income	31	83	48	163	112	115	-8.56	162	-155	125
Changes in Operating Assets and Liabilities, net	2.53	14	-86	-93	-343	216	241	392	233	-513
Net Cash From Investing Activities	-579	-265	-3,363	24	-219	-5,024	-0.01	-419	-8,177	-299
Net Cash From Continuing Investing Activities	-579	-265	-3,363	24	-219	-5,024	-0.01	-419	-8,177	-299
Purchase of Property, Plant & Equipment	-216	-149	-204	-248	-195	-233	-210	-230	-381	-400
Acquisitions	-19	-68	-4,069	0.00	-2.04	-5,076	0.00	0.00	-7,146	0.00
Purchase of Investments	-1,747	-1,351	-466	-81	-182	-195	-35	-28	-1,443	-17
Sale of Property, Plant & Equipment	20	19	15	82	47	26	141	39	13	9.07
Divestitures	37	24	86	178	20	0.00	0.00	3.37	473	78
Sale and/or Maturity of Investments	1,391	1,301	1,279	84	75	275	79	32	57	24
Other Investing Activities, net	-46	-40	-4.21	8.42	19	178	25	-235	250	7.69
Net Cash From Financing Activities	-1,106	-843	1,783	-1,682	902	449	-2,623	3,916	-971	-3,115
Net Cash From Continuing Financing Activities	-1,106	-843	1,783	-1,682	902	449	-2,623	3,916	-971	-3,115
Repayment of Debt	-0.54	-220	-381	-945	-213	-603	-1,935	-77	-2,354	-2,385
Repurchase of Common Equity	-1,436	-587	-338	-381	-860	-216	-219	-460	-297	-332
Payment of Dividends	-340	-342	-345	-365	-412	-455	-475	-570	-704	-785
Issuance of Debt	668	306	2,845	5.30	2,386	1,721	1.21	5,020	2,381	383
Other Financing Activities, net	3.36	0.13	2.20	3.68	2.48	2.62	4.68	2.83	3.48	3.61
Effect of Exchange Rate Changes	-111	-62	-	-	-	-31	96	-24	-4.78	-24
Cash Interest Paid	105	134	132	201	169	308	237	240	465	491
Cash Income Taxes Paid	515	250	268	409	455	308	486	549	411	852

This table details how cash moves in and out of Parker-Hannifin's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	-6,146	254	-221	-60	-26	-66	23	17	-51	24	13
Net Cash From Operating Activities	457	619	719	1,185	650	702	795	1,237	744	935	630
Net Cash From Continuing Operating Activities	457	619	719	1,185	650	702	795	1,237	744	935	630
Net Income / (Loss) Continuing Operations	388	395	591	709	651	682	727	785	699	949	961
Consolidated Net Income / (Loss)	388	395	591	709	651	682	727	785	699	949	961
Depreciation Expense	67	87	80	83	85	86	87	91	89	88	87
Amortization Expense	87	142	145	126	156	142	141	139	140	138	136
Non-Cash Adjustments To Reconcile Net Income	-272	49	41	27	69	13	18	25	108	-247	32
Changes in Operating Assets and Liabilities, net	187	-56	-138	240	-311	-221	-178	197	-291	7.40	-586
Net Cash From Investing Activities	-7,927	-94	-63	-92	-56	-75	-63	-104	-87	499	-67
Net Cash From Continuing Investing Activities	-7,927	-94	-63	-92	-56	-75	-63	-104	-87	499	-67
Purchase of Property, Plant & Equipment	-84	-102	-87	-108	-98	-106	-79	-117	-95	-121	-88
Sale of Property, Plant & Equipment	11	0.53	0.19	1.42	0.71	0.65	7.55	0.16	13	-0.01	19
Divestitures	441	5.96	24	1.49	37	38	0.97	2.11	0.88	621	0.52
Other Investing Activities, net	246	4.74	0.70	-1.86	4.35	-7.31	6.43	1.70	-5.46	-1.48	1.20
Net Cash From Financing Activities	1,340	-275	-880	-1,156	-618	-687	-700	-1,109	-711	-1,393	-577
Net Cash From Continuing Financing Activities	1,340	-275	-880	-1,156	-618	-687	-700	-1,109	-711	-1,393	-577
Repayment of Debt	-423	-297	-653	-982	-177	-36	532	-2,120	-41	-1,465	-427
Repurchase of Common Equity	-67	-54	-82	-95	-79	-59	-103	-91	-94	-99	-668
Payment of Dividends	-171	-171	-171	-191	-193	-191	-190	-210	-210	-210	-210
Issuance of Debt	2,000	247	23	111	-170	-403	-941	1,312	-367	379	727
Other Financing Activities, net	0.56	0.57	1.70	0.66	1.18	0.75	1.27	0.41	1.70	0.94	0.34
Effect of Exchange Rate Changes	-15	3.86	3.44	3.01	-2.36	-5.64	-8.95	-7.05	2.63	-16	27

This table presents Parker-Hannifin's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024
Total Assets	12,279	12,034	15,490	15,320	17,577	19,888	20,341	25,944	29,964	29,298
Total Current Assets	5,441	5,208	4,780	5,085	7,673	5,035	5,617	12,047	6,834	6,799
Cash & Equivalents	1,181	1,222	885	822	3,220	686	733	536	475	422
Note & Lease Receivable	365	232	255	328	311	245	326	544	309	331
Accounts Receivable	1,620	1,594	1,931	2,146	2,131	1,854	2,184	2,342	2,827	2,866
Inventories, net	1,300	1,173	1,549	1,621	1,678	1,964	2,091	2,215	2,908	2,787
Prepaid Expenses	242	104	120	135	182	215	244	6,383	315	253
Other Current Assets	-	-	-	-	-	-	-	-	-	140
Plant, Property, & Equipment, net	1,664	1,568	1,937	1,856	1,768	2,293	2,266	2,123	2,865	2,876
Plant, Property & Equipment, gross	4,863	4,737	5,187	5,215	5,187	5,811	6,040	5,898	6,866	7,075
Accumulated Depreciation	3,199	3,169	3,249	3,359	3,418	3,518	3,774	3,775	4,001	4,199
Total Noncurrent Assets	5,174	5,258	8,773	8,379	8,135	12,560	12,458	11,775	20,265	19,624
Long-Term Investments	812	827	842	801	748	765	774	788	1,105	1,207
Goodwill	2,943	2,903	5,587	5,504	5,454	7,870	8,060	7,740	10,629	10,507
Intangible Assets	1,013	923	2,307	2,016	1,783	3,799	3,520	3,136	8,451	7,816
Noncurrent Deferred & Refundable Income Taxes	406	605	36	58	150	127	104	111	81	93
Total Liabilities & Shareholders' Equity	12,279	12,034	15,490	15,320	17,577	19,888	20,341	25,944	29,964	29,298
Total Liabilities	7,172	7,455	10,223	9,455	11,609	13,646	11,928	17,084	19,626	17,217
Total Current Liabilities	2,349	2,366	3,396	3,197	3,152	3,148	3,097	5,859	7,735	7,313
Short-Term Debt	223	362	1,008	638	587	810	2.82	1,724	3,763	3,403
Accounts Payable	1,092	1,035	1,300	1,430	1,413	1,112	1,668	1,732	2,051	1,992
Accrued Expenses	485	459	498	502	558	608	682	1,683	895	983
Current Deferred & Payable Income Tax Liabilities	139	128	153	199	167	195	236	250	375	355
Current Employee Benefit Liabilities	410	383	436	428	426	424	507	470	651	581
Total Noncurrent Liabilities	4,823	5,090	6,827	6,257	8,457	10,498	8,831	11,225	11,891	9,904
Long-Term Debt	2,724	2,652	4,862	4,319	6,521	7,652	6,582	9,756	8,796	7,157
Noncurrent Deferred & Payable Income Tax Liabilities	63	54	222	235	193	419	554	307	1,650	1,584
Noncurrent Employee Benefit Liabilities	1,699	2,076	1,406	1,178	1,304	1,887	1,056	640	552	437
Other Noncurrent Operating Liabilities	336	307	337	526	438	539	639	522	893	725
Total Equity & Noncontrolling Interests	5,108	4,579	5,267	5,865	5,968	6,242	8,414	8,860	10,338	12,081
Total Preferred & Common Equity	5,104	4,575	5,262	5,860	5,962	6,227	8,398	8,848	10,327	12,072
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	5,104	4,575	5,262	5,860	5,962	6,227	8,398	8,848	10,327	12,072
Common Stock	713	719	634	587	553	507	420	418	396	355
Retained Earnings	9,842	10,303	10,930	11,626	12,778	13,644	14,915	15,662	17,042	19,105
Treasury Stock	-3,712	-4,219	-4,379	-4,590	-5,309	-5,365	-5,371	-5,688	-5,818	-5,950
Accumulated Other Comprehensive Income / (Loss)	-1,739	-2,228	-1,924	-1,763	-2,059	-2,559	-1,567	-1,543	-1,293	-1,438
Noncontrolling Interest	3.28	3.42	5.70	5.63	6.18	15	15	12	11	8.92

This table presents Parker-Hannifin's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Total Assets	29,955	30,521	30,516	29,964	29,593	29,695	29,578	29,298	29,601	28,271	28,918
Total Current Assets	7,168	7,285	7,233	6,834	6,830	6,730	6,943	6,799	7,034	6,348	6,777
Cash & Equivalents	502	756	535	475	449	383	405	422	371	396	409
Note & Lease Receivable	374	371	350	309	296	322	310	331	317	305	282
Accounts Receivable	2,649	2,578	2,882	2,827	2,740	2,611	2,913	2,866	2,713	2,446	2,853
Inventories, net	3,130	3,096	3,068	2,908	3,029	3,093	2,966	2,787	2,872	2,807	2,823
Prepaid Expenses	492	462	376	315	307	310	337	253	249	246	253
Other Current Assets	-	-	-	-	-	-	-	140	511	149	158
Plant, Property, & Equipment, net	2,754	2,840	2,844	2,865	2,841	2,906	2,871	2,876	2,840	2,801	2,822
Plant, Property & Equipment, gross	6,489	6,730	6,808	6,866	6,870	7,061	7,033	7,075	7,111	7,040	7,160
Accumulated Depreciation	3,735	3,891	3,964	4,001	4,030	4,155	4,162	4,199	4,271	4,239	4,338
Total Noncurrent Assets	20,033	20,396	20,439	20,265	19,923	20,059	19,765	19,624	19,728	19,122	19,319
Long-Term Investments	1,136	1,206	1,189	1,105	1,135	1,157	1,151	1,207	1,263	1,233	1,215
Goodwill	10,384	10,669	10,831	10,629	10,523	10,672	10,579	10,507	10,625	10,357	10,462
Intangible Assets	8,388	8,388	8,288	8,451	8,192	8,153	7,962	7,816	7,747	7,445	7,371
Noncurrent Deferred & Refundable Income Taxes	126	133	132	81	72	77	73	93	92	87	271
Total Liabilities & Shareholders' Equity	29,955	30,521	30,516	29,964	29,593	29,695	29,578	29,298	29,601	28,271	28,918
Total Liabilities	21,182	21,186	20,723	19,626	19,018	18,383	17,978	17,217	16,699	15,144	15,518
Total Current Liabilities	5,499	5,703	5,788	7,735	7,667	7,497	7,994	7,313	7,338	5,987	5,614
Short-Term Debt	1,725	1,994	1,993	3,763	3,594	3,681	4,081	3,403	3,516	2,373	1,952
Accounts Payable	2,018	1,967	2,080	2,051	2,037	1,972	1,964	1,992	1,953	1,795	1,981
Accrued Expenses	1,062	1,053	901	895	1,106	1,070	1,077	983	1,004	1,035	852
Current Deferred & Payable Income Tax Liabilities	231	236	271	375	505	302	358	355	458	364	357
Current Employee Benefit Liabilities	462	453	544	651	425	472	514	581	407	420	474
Total Noncurrent Liabilities	15,683	15,483	14,934	11,891	11,351	10,885	9,984	9,904	9,361	9,157	9,904
Long-Term Debt	12,239	12,026	11,412	8,796	8,596	8,109	7,290	7,157	6,673	6,668	7,421
Noncurrent Deferred & Payable Income Tax Liabilities	1,778	1,751	1,781	1,650	1,590	1,579	1,529	1,584	1,545	1,395	1,400
Noncurrent Employee Benefit Liabilities	770	807	781	552	493	483	455	437	428	410	390
Other Noncurrent Operating Liabilities	896	899	960	893	672	715	710	725	716	684	693
Total Equity & Noncontrolling Interests	8,773	9,334	9,793	10,338	10,575	11,312	11,600	12,081	12,901	13,127	13,400
Total Preferred & Common Equity	8,763	9,322	9,781	10,327	10,565	11,303	11,591	12,072	12,892	13,119	13,391
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	8,763	9,322	9,781	10,327	10,565	11,303	11,591	12,072	12,892	13,119	13,391
Common Stock	451	468	446	396	428	443	386	355	366	335	334
Retained Earnings	15,879	16,103	16,523	17,042	17,502	17,993	18,530	19,105	19,593	20,332	21,082
Treasury Stock	-5,723	-5,769	-5,799	-5,818	-5,849	-5,893	-5,917	-5,950	-5,976	-6,013	-6,661
Accumulated Other Comprehensive Income / (Loss)	-1,844	-1,480	-1,389	-1,293	-1,515	-1,241	-1,408	-1,438	-1,090	-1,535	-1,364
Noncontrolling Interest	11	12	12	11	9.57	9.80	9.57	8.92	9.45	8.51	8.85

This table displays calculated financial ratios and metrics derived from Parker-Hannifin's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-3.82%	-10.63%	5.88%	18.90%	0.13%	-4.36%	4.76%	10.55%	20.20%	4.53%
EBITDA Growth	-5.46%	-16.60%	18.50%	29.03%	8.13%	-8.67%	31.45%	-21.06%	66.79%	23.49%
EBIT Growth	-5.41%	-19.31%	19.17%	28.51%	11.66%	-15.17%	37.57%	-25.13%	74.04%	26.05%
NOPAT Growth	-1.30%	-19.20%	32.50%	5.42%	35.18%	-14.22%	37.63%	19.24%	4.46%	26.20%
Net Income Growth	-2.77%	-20.28%	21.88%	7.87%	43.70%	-21.16%	45.29%	-24.65%	58.30%	36.54%
EPS Growth	1.46%	-15.50%	23.09%	8.00%	47.77%	-19.97%	44.17%	-24.42%	58.97%	36.16%
Operating Cash Flow Growth	-1.78%	-11.18%	7.42%	22.77%	8.36%	19.70%	24.34%	-5.18%	22.04%	13.57%
Free Cash Flow Firm Growth	8.43%	0.65%	-333.51%	139.44%	30.36%	-254.27%	158.30%	-296.79%	101.89%	5,310.08%
Invested Capital Growth	-7.83%	-12.52%	101.03%	-2.18%	-2.28%	47.17%	2.04%	41.16%	12.27%	-1.44%
Revenue Q/Q Growth	-2.91%	-1.62%	4.69%	2.30%	-0.94%	-3.66%	5.89%	1.46%	5.00%	0.46%
EBITDA Q/Q Growth	-4.72%	1.63%	7.46%	4.09%	0.75%	-4.04%	9.86%	-17.96%	30.04%	1.34%
EBIT Q/Q Growth	-5.44%	2.47%	6.01%	5.37%	1.35%	-7.17%	12.50%	-22.00%	36.55%	1.11%
NOPAT Q/Q Growth	-28.09%	7.93%	18.60%	-1.09%	2.43%	-6.14%	16.34%	2.15%	5.65%	-7.28%
Net Income Q/Q Growth	-10.72%	8.37%	5.52%	5.99%	5.00%	-10.07%	13.93%	-22.22%	38.59%	2.74%
EPS Q/Q Growth	-9.13%	8.87%	5.69%	6.10%	6.05%	-9.92%	13.81%	-22.21%	38.75%	2.73%
Operating Cash Flow Q/Q Growth	0.13%	-5.17%	0.39%	13.04%	-3.24%	7.39%	-3.25%	8.91%	10.85%	1.57%
Free Cash Flow Firm Q/Q Growth	-22.39%	22.37%	-17.28%	157.98%	-6.06%	6.72%	-38.99%	-335.11%	101.83%	0.70%
Invested Capital Q/Q Growth	-3.48%	-8.05%	3.27%	-5.94%	-4.50%	-5.16%	4.73%	19.94%	-0.62%	-1.84%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	24.04%	22.33%	24.19%	24.92%	25.36%	24.85%	33.06%	33.49%	33.72%	35.76%
EBITDA Margin	14.70%	13.71%	15.35%	16.66%	17.99%	17.18%	21.55%	15.39%	21.36%	25.23%
Operating Margin	11.86%	10.47%	12.81%	13.49%	14.51%	12.76%	17.21%	17.70%	16.13%	19.13%
EBIT Margin	12.20%	11.01%	12.40%	13.40%	14.94%	13.25%	17.40%	11.79%	17.07%	20.58%
Profit (Net Income) Margin	7.97%	7.11%	8.18%	7.42%	10.65%	8.78%	12.18%	8.30%	10.93%	14.27%
Tax Burden Percent	70.70%	72.41%	74.05%	62.35%	78.23%	79.79%	77.74%	81.54%	77.75%	79.14%
Interest Burden Percent	92.36%	89.09%	89.11%	88.84%	91.11%	83.02%	89.99%	86.35%	82.36%	87.65%
Effective Tax Rate	29.30%	27.59%	25.95%	37.65%	21.77%	20.21%	22.26%	18.46%	22.25%	20.86%
Return on Invested Capital (ROIC)	19.18%	17.24%	16.26%	12.98%	17.94%	12.60%	14.41%	14.11%	11.86%	14.26%
ROIC Less NNEP Spread (ROIC-NNEP)	35.25%	-18.18%	8.76%	9.16%	14.74%	8.72%	11.53%	1.28%	8.95%	12.52%
Return on Net Nonoperating Assets (RNNOA)	-1.98%	-0.57%	3.72%	6.09%	7.83%	7.10%	9.43%	1.13%	9.84%	11.12%
Return on Equity (ROE)	17.21%	16.67%	19.98%	19.07%	25.78%	19.69%	23.84%	15.24%	21.71%	25.38%
Cash Return on Invested Capital (CROIC)	27.33%	30.60%	-50.86%	15.19%	20.25%	-25.57%	12.39%	-20.02%	0.30%	15.70%
Operating Return on Assets (OROA)	12.14%	10.29%	10.83%	12.44%	13.01%	9.69%	12.41%	8.08%	11.64%	13.84%
Return on Assets (ROA)	7.92%	6.64%	7.15%	6.89%	9.27%	6.42%	8.68%	5.69%	7.45%	9.60%
Return on Common Equity (ROCE)	17.20%	16.66%	19.97%	19.05%	25.75%	19.66%	23.79%	15.22%	21.68%	25.36%
Return on Equity Simple (ROE_SIMPLE)	19.84%	17.64%	18.70%	18.11%	25.58%	19.31%	20.80%	14.88%	20.18%	23.57%
Net Operating Profit after Tax (NOPAT)	1,066	861	1,141	1,203	1,626	1,395	1,920	2,289	2,391	3,017
NOPAT Margin	8.38%	7.58%	9.48%	8.41%	11.35%	10.18%	13.38%	14.43%	12.54%	15.14%
Net Nonoperating Expense Percent (NNEP)	-16.07%	35.42%	7.50%	3.82%	3.21%	3.87%	2.88%	12.83%	2.91%	1.73%
Cost of Revenue to Revenue	75.96%	77.67%	75.81%	75.08%	74.64%	75.15%	66.94%	66.51%	66.28%	64.24%
SG&A Expenses to Revenue	12.15%	11.97%	11.74%	11.47%	10.78%	12.10%	16.61%	15.79%	17.59%	16.63%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	12.19%	11.87%	11.39%	11.44%	10.84%	12.09%	15.85%	15.79%	17.59%	16.63%
Earnings before Interest and Taxes (EBIT)	1,551	1,251	1,491	1,916	2,140	1,815	2,497	1,869	3,254	4,101
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,868	1,558	1,846	2,382	2,576	2,353	3,092	2,441	4,072	5,028
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.70	2.78	3.60	3.20	3.37	3.55	4.50	3.45	4.78	5.39
Price to Tangible Book Value (P/TBV)	11.99	16.96	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.08	1.12	1.58	1.31	1.40	1.61	2.64	1.92	2.59	3.26
Price to Earnings (P/E)	13.60	15.76	19.27	17.67	13.19	18.38	21.66	23.18	23.71	22.86
Dividend Yield	2.39%	2.67%	1.81%	1.94%	2.02%	2.04%	1.25%	1.86%	1.77%	1.20%
Earnings Yield	7.35%	6.34%	5.19%	5.66%	7.58%	5.44%	4.62%	4.31%	4.22%	4.37%
Enterprise Value to Invested Capital (EV/IC)	2.62	2.75	2.46	2.41	2.58	2.20	3.19	2.14	2.83	3.52
Enterprise Value to Revenue (EV/Rev)	1.10	1.13	1.92	1.54	1.61	2.12	2.99	2.56	3.17	3.71
Enterprise Value to EBITDA (EV/EBITDA)	7.49	8.22	12.49	9.26	8.97	12.35	13.86	16.65	14.83	14.71
Enterprise Value to EBIT (EV/EBIT)	9.02	10.23	15.47	11.51	10.80	16.01	17.17	21.74	18.56	18.03
Enterprise Value to NOPAT (EV/NOPAT)	13.13	14.87	20.22	18.34	14.21	20.83	22.33	17.75	25.25	24.51
Enterprise Value to Operating Cash Flow (EV/OCF)	10.26	10.57	17.73	13.81	13.35	14.03	16.65	16.64	20.26	21.85
Enterprise Value to Free Cash Flow (EV/FCFF)	9.21	8.38	0.00	15.67	12.59	0.00	25.98	0.00	982.79	22.25
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.58	0.66	1.11	0.85	1.19	1.36	0.78	1.30	1.21	0.87
Long-Term Debt to Equity	0.53	0.58	0.92	0.74	1.09	1.23	0.78	1.10	0.85	0.59
Financial Leverage	-0.06	0.03	0.43	0.67	0.53	0.81	0.82	0.88	1.10	0.89
Leverage Ratio	2.17	2.51	2.80	2.77	2.78	3.07	2.75	2.68	2.91	2.64
Compound Leverage Factor	2.01	2.24	2.49	2.46	2.53	2.55	2.47	2.31	2.40	2.32
Debt to Total Capital	36.59%	39.70%	52.71%	45.80%	54.36%	57.55%	43.90%	56.44%	54.85%	46.64%
Short-Term Debt to Total Capital	2.77%	4.76%	9.05%	5.90%	4.49%	5.51%	0.02%	8.48%	16.43%	15.03%
Long-Term Debt to Total Capital	33.82%	34.93%	43.65%	39.90%	49.87%	52.04%	43.88%	47.96%	38.42%	31.61%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.04%	0.05%	0.05%	0.05%	0.05%	0.10%	0.10%	0.06%	0.05%	0.04%
Common Equity to Total Capital	63.37%	60.26%	47.24%	54.15%	45.59%	42.35%	55.99%	43.50%	45.10%	53.32%
Debt to EBITDA	1.58	1.93	3.18	2.08	2.76	3.60	2.13	4.70	3.08	2.10
Net Debt to EBITDA	0.12	0.05	2.22	1.39	1.16	2.95	1.63	4.15	2.70	1.78
Long-Term Debt to EBITDA	1.46	1.70	2.63	1.81	2.53	3.25	2.13	4.00	2.16	1.42
Debt to NOPAT	2.77	3.50	5.15	4.12	4.37	6.07	3.43	5.02	5.25	3.50
Net Debt to NOPAT	0.21	0.10	3.60	2.74	1.84	4.98	2.62	4.43	4.59	2.96
Long-Term Debt to NOPAT	2.56	3.08	4.26	3.59	4.01	5.49	3.43	4.26	3.68	2.37
Altman Z-Score	4.03	3.79	3.30	3.75	3.58	3.04	4.19	3.05	3.26	4.30
Noncontrolling Interest Sharing Ratio	0.06%	0.07%	0.09%	0.10%	0.10%	0.17%	0.20%	0.16%	0.12%	0.09%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.32	2.20	1.41	1.59	2.43	1.60	1.81	2.06	0.88	0.93
Quick Ratio	1.66	1.66	0.92	1.04	1.84	0.91	1.06	0.59	0.47	0.49
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,518	1,528	-3,569	1,407	1,835	-2,830	1,650	-3,247	61	3,324
Operating Cash Flow to CapEx	695.98%	927.19%	687.76%	963.11%	1,165.10%	1,004.12%	3,712.14%	1,280.46%	810.86%	865.45%
Free Cash Flow to Firm to Interest Expense	12.82	11.19	-21.97	6.58	9.65	-9.19	6.60	-12.72	0.11	6.56
Operating Cash Flow to Interest Expense	11.51	8.87	8.01	7.47	9.10	6.72	10.30	9.57	5.19	6.68
Operating Cash Flow Less CapEx to Interest Expense	9.86	7.91	6.84	6.69	8.32	6.05	10.02	8.82	4.55	5.91
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.99	0.93	0.87	0.93	0.87	0.73	0.71	0.69	0.68	0.67
Accounts Receivable Turnover	7.31	7.07	6.83	7.02	6.70	6.87	7.11	7.01	7.38	7.00
Inventory Turnover	7.23	7.13	6.70	6.77	6.48	5.65	4.74	4.90	4.93	4.50
Fixed Asset Turnover	7.29	7.03	6.86	7.54	7.90	6.74	6.29	7.23	7.64	6.94
Accounts Payable Turnover	8.24	8.30	7.81	7.86	7.52	8.15	6.91	6.21	6.68	6.33
Days Sales Outstanding (DSO)	49.94	51.63	53.47	52.01	54.50	53.11	51.36	52.06	49.48	52.13
Days Inventory Outstanding (DIO)	50.51	51.17	54.49	53.89	56.33	64.58	77.05	74.47	73.98	81.18
Days Payable Outstanding (DPO)	44.31	43.99	46.73	46.41	48.55	44.77	52.82	58.81	54.64	57.63
Cash Conversion Cycle (CCC)	56.14	58.81	61.23	59.49	62.29	72.92	75.59	67.73	68.83	75.68
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	5,329	4,661	9,371	9,166	8,958	13,183	13,452	18,988	21,318	21,012
Invested Capital Turnover	2.29	2.27	1.71	1.54	1.58	1.24	1.08	0.98	0.95	0.94
Increase / (Decrease) in Invested Capital	-453	-667	4,710	-205	-209	4,225	269	5,536	2,330	-306
Enterprise Value (EV)	13,987	12,804	23,064	22,053	23,097	29,050	42,871	40,639	60,379	73,957
Market Capitalization	13,762	12,718	18,954	18,747	20,102	22,094	37,817	30,499	49,387	65,017
Book Value per Share	$36.81	$33.97	$39.51	$44.07	$46.47	$48.57	$65.07	$68.92	$80.49	$93.92
Tangible Book Value per Share	$8.28	$5.57	($19.77)	($12.49)	($9.94)	($42.44)	($24.65)	($15.80)	($68.22)	($48.64)
Total Capital	8,055	7,593	11,138	10,823	13,076	14,704	14,999	20,340	22,898	22,641
Total Debt	2,947	3,014	5,870	4,957	7,108	8,462	6,585	11,480	12,559	10,560
Total Long-Term Debt	2,724	2,652	4,862	4,319	6,521	7,652	6,582	9,756	8,796	7,157
Net Debt	221	83	4,104	3,301	2,989	6,941	5,038	10,128	10,980	8,931
Capital Expenditures (CapEx)	196	131	189	166	148	206	69	191	368	391
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,401	1,100	1,468	1,671	1,738	1,940	1,751	7,348	2,387	2,466
Debt-free Net Working Capital (DFNWC)	3,315	3,204	2,392	2,526	5,108	2,696	2,523	7,912	2,862	2,888
Net Working Capital (NWC)	3,092	2,842	1,384	1,888	4,521	1,886	2,520	6,187	-901	-515
Net Nonoperating Expense (NNE)	53	54	157	141	101	192	173	973	308	173
Net Nonoperating Obligations (NNO)	221	83	4,104	3,301	2,989	6,941	5,038	10,128	10,980	8,931
Total Depreciation and Amortization (D&A)	317	307	355	466	436	538	595	572	818	927
Debt-free, Cash-free Net Working Capital to Revenue	11.02%	9.68%	12.20%	11.68%	12.13%	14.16%	12.20%	46.33%	12.52%	12.38%
Debt-free Net Working Capital to Revenue	26.08%	28.20%	19.89%	17.66%	35.67%	19.68%	17.59%	49.88%	15.01%	14.49%
Net Working Capital to Revenue	24.32%	25.02%	11.50%	13.20%	31.57%	13.77%	17.57%	39.01%	-4.73%	-2.58%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$7.08	$5.96	$7.37	$7.98	$11.63	$9.39	$13.54	$10.24	$16.23	$22.13
Adjusted Weighted Average Basic Shares Outstanding	138.42M	133.90M	133.13M	132.36M	128.44M	128.56M	129.10M	128.40M	128.43M	128.60M
Adjusted Diluted Earnings per Share	$6.97	$5.89	$7.25	$7.83	$11.48	$9.29	$13.35	$10.09	$16.04	$21.84
Adjusted Weighted Average Diluted Shares Outstanding	138.42M	133.90M	133.13M	132.36M	128.44M	128.56M	129.10M	128.40M	128.43M	128.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	138.42M	133.90M	133.13M	132.36M	128.44M	128.56M	129.10M	128.40M	128.43M	128.60M
Normalized Net Operating Profit after Tax (NOPAT)	1,069	853	1,109	1,200	1,633	1,394	1,835	2,289	2,391	3,017
Normalized NOPAT Margin	8.41%	7.51%	9.22%	8.39%	11.40%	10.18%	12.79%	14.43%	12.54%	15.14%
Pre Tax Income Margin	11.27%	9.81%	11.05%	11.90%	13.61%	11.00%	15.66%	10.18%	14.06%	18.04%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	13.10	9.17	9.18	8.96	11.25	5.89	9.99	7.32	5.67	8.10
NOPAT to Interest Expense	9.00	6.31	7.02	5.62	8.55	4.53	7.68	8.97	4.17	5.96
EBIT Less CapEx to Interest Expense	11.44	8.21	8.02	8.18	10.47	5.22	9.71	6.58	5.03	7.33
NOPAT Less CapEx to Interest Expense	7.35	5.35	5.86	4.85	7.77	3.86	7.40	8.22	3.53	5.19
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	33.62%	42.36%	35.11%	34.42%	27.05%	37.85%	27.20%	43.30%	33.79%	27.59%
Augmented Payout Ratio	175.47%	115.13%	69.47%	70.32%	83.44%	55.82%	39.73%	78.25%	48.06%	39.26%

This table displays calculated financial ratios and metrics derived from Parker-Hannifin's official financial filings.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	12.49%	22.23%	23.87%	21.68%	14.52%	3.13%	0.25%	1.78%	1.17%	-1.63%	-2.25%
EBITDA Growth	-0.19%	28.40%	77.15%	285.99%	54.21%	37.11%	12.20%	5.24%	1.84%	21.84%	3.26%
EBIT Growth	-1.58%	20.30%	82.68%	459.75%	53.73%	50.25%	14.91%	4.23%	3.50%	27.02%	4.50%
NOPAT Growth	-7.03%	-10.16%	12.76%	-6.46%	49.99%	50.30%	16.03%	6.25%	9.88%	6.50%	30.78%
Net Income Growth	-14.05%	1.99%	69.77%	450.07%	67.79%	72.47%	22.98%	10.72%	7.29%	39.09%	32.26%
EPS Growth	-13.62%	2.36%	70.04%	448.00%	67.45%	72.04%	22.47%	10.58%	7.01%	38.62%	32.55%
Operating Cash Flow Growth	7.78%	6.48%	32.38%	32.66%	42.11%	13.45%	10.62%	4.41%	14.46%	33.15%	-20.76%
Free Cash Flow Firm Growth	-2,028.85%	-100.54%	-106.71%	67.10%	108.77%	110.81%	116.54%	173.66%	-19.96%	231.23%	54.69%
Invested Capital Growth	53.27%	34.11%	35.49%	12.27%	0.44%	0.85%	-0.22%	-1.44%	1.33%	-4.69%	-1.20%
Revenue Q/Q Growth	1.07%	10.44%	8.28%	0.68%	-4.88%	-0.55%	5.26%	2.22%	-5.45%	-3.29%	4.59%
EBITDA Q/Q Growth	135.68%	15.26%	26.90%	11.97%	-5.84%	2.48%	3.85%	5.02%	-8.88%	22.60%	-11.99%
EBIT Q/Q Growth	227.89%	6.85%	36.87%	16.73%	-9.95%	4.43%	4.67%	5.89%	-10.58%	28.17%	-13.89%
NOPAT Q/Q Growth	-45.15%	2.82%	39.69%	17.65%	-11.24%	3.04%	7.84%	7.73%	-8.21%	-0.13%	32.43%
Net Income Q/Q Growth	201.02%	1.91%	49.44%	19.99%	-8.18%	4.76%	6.55%	8.03%	-11.02%	35.81%	1.32%
EPS Q/Q Growth	198.00%	2.01%	49.34%	20.70%	-8.94%	4.81%	6.31%	8.99%	-11.88%	35.77%	1.66%
Operating Cash Flow Q/Q Growth	-48.80%	35.29%	16.16%	64.87%	-45.15%	8.01%	13.26%	55.61%	-39.87%	25.64%	-32.60%
Free Cash Flow Firm Q/Q Growth	-46.31%	27.75%	0.10%	68.79%	138.93%	-10.98%	52.87%	39.04%	-57.70%	268.42%	-28.61%
Invested Capital Q/Q Growth	11.01%	1.38%	0.38%	-0.62%	-0.68%	1.79%	-0.68%	-1.84%	2.11%	-4.27%	2.96%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	33.96%	30.76%	34.00%	35.97%	36.10%	35.66%	35.37%	35.94%	36.83%	36.27%	36.90%
EBITDA Margin	18.31%	19.11%	22.40%	24.91%	24.66%	25.41%	25.07%	25.76%	24.82%	31.47%	26.48%
Operating Margin	14.21%	13.33%	16.84%	19.59%	18.08%	18.92%	19.28%	20.16%	19.52%	19.78%	21.09%
EBIT Margin	14.67%	14.20%	17.95%	20.81%	19.70%	20.68%	20.57%	21.31%	20.15%	26.71%	21.99%
Profit (Net Income) Margin	9.17%	8.46%	11.68%	13.91%	13.43%	14.15%	14.32%	15.14%	14.24%	20.00%	19.38%
Tax Burden Percent	77.09%	76.53%	78.13%	78.51%	79.36%	78.56%	78.99%	79.63%	79.81%	81.37%	96.62%
Interest Burden Percent	81.04%	77.86%	83.27%	85.18%	85.92%	87.06%	88.15%	89.21%	88.56%	92.04%	91.20%
Effective Tax Rate	22.91%	23.47%	21.87%	21.49%	20.64%	21.44%	21.01%	20.37%	20.19%	18.63%	3.38%
Return on Invested Capital (ROIC)	10.27%	9.39%	12.82%	14.55%	13.37%	13.73%	14.10%	15.11%	14.61%	15.22%	18.95%
ROIC Less NNEP Spread (ROIC-NNEP)	9.41%	8.55%	12.01%	13.84%	12.98%	13.42%	13.67%	14.64%	13.93%	17.32%	18.39%
Return on Net Nonoperating Assets (RNNOA)	9.56%	9.07%	11.85%	15.22%	15.36%	14.48%	13.71%	13.00%	11.36%	12.51%	12.91%
Return on Equity (ROE)	19.83%	18.46%	24.66%	29.77%	28.73%	28.21%	27.81%	28.11%	25.97%	27.73%	31.87%
Cash Return on Invested Capital (CROIC)	-29.11%	-17.38%	-18.00%	0.30%	11.97%	12.49%	15.40%	15.70%	13.15%	19.71%	17.02%
Operating Return on Assets (OROA)	9.55%	9.22%	12.28%	14.19%	13.02%	13.62%	13.58%	14.33%	13.61%	18.35%	14.88%
Return on Assets (ROA)	5.97%	5.49%	7.99%	9.49%	8.88%	9.32%	9.46%	10.18%	9.62%	13.74%	13.11%
Return on Common Equity (ROCE)	19.80%	18.44%	24.63%	29.73%	28.70%	28.18%	27.79%	28.09%	25.95%	27.71%	31.84%
Return on Equity Simple (ROE_SIMPLE)	14.30%	13.52%	15.37%	0.00%	22.21%	23.30%	23.89%	0.00%	22.44%	24.08%	25.34%
Net Operating Profit after Tax (NOPAT)	464	477	666	784	696	717	773	833	764	763	1,011
NOPAT Margin	10.96%	10.20%	13.16%	15.38%	14.35%	14.87%	15.23%	16.05%	15.58%	16.09%	20.38%
Net Nonoperating Expense Percent (NNEP)	0.86%	0.85%	0.81%	0.71%	0.39%	0.31%	0.43%	0.48%	0.69%	-2.10%	0.56%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	3.10%	-	-	-	3.44%	4.44%
Cost of Revenue to Revenue	66.04%	69.24%	66.00%	64.03%	63.90%	64.34%	64.63%	64.06%	63.17%	63.73%	63.10%
SG&A Expenses to Revenue	19.75%	17.43%	17.16%	16.38%	18.02%	16.74%	16.09%	15.78%	17.31%	16.50%	15.81%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	19.75%	17.43%	17.16%	16.38%	18.02%	16.74%	16.09%	15.78%	17.31%	16.50%	15.81%
Earnings before Interest and Taxes (EBIT)	621	664	908	1,060	955	997	1,044	1,105	988	1,267	1,091
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	775	893	1,134	1,269	1,195	1,225	1,272	1,336	1,217	1,492	1,314
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.45	3.93	4.34	4.78	4.68	5.18	6.16	5.39	6.30	6.24	5.85
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.85	2.13	2.34	2.59	2.51	2.95	3.60	3.26	4.07	4.11	3.95
Price to Earnings (P/E)	24.17	29.11	28.27	23.71	21.07	22.24	25.78	22.86	28.10	25.92	23.07
Dividend Yield	2.00%	2.22%	2.01%	1.77%	1.81%	1.27%	1.07%	1.20%	0.98%	1.00%	1.07%
Earnings Yield	4.14%	3.43%	3.54%	4.22%	4.75%	4.50%	3.88%	4.37%	3.56%	3.86%	4.33%
Enterprise Value to Invested Capital (EV/IC)	2.02	2.28	2.52	2.83	2.84	3.19	3.79	3.52	4.19	4.35	4.07
Enterprise Value to Revenue (EV/Rev)	2.61	2.84	2.98	3.17	3.05	3.47	4.09	3.71	4.49	4.49	4.35
Enterprise Value to EBITDA (EV/EBITDA)	17.46	18.48	17.29	14.83	13.36	14.26	16.36	14.71	17.78	16.79	16.05
Enterprise Value to EBIT (EV/EBIT)	22.90	24.72	22.73	18.56	16.73	17.55	20.01	18.03	21.72	20.28	19.33
Enterprise Value to NOPAT (EV/NOPAT)	18.87	22.21	23.93	25.25	22.88	24.04	24.95	24.51	29.10	28.47	25.57
Enterprise Value to Operating Cash Flow (EV/OCF)	17.21	19.40	20.14	20.26	18.92	21.13	24.36	21.85	25.82	24.06	24.26
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	982.79	23.73	25.66	24.60	22.25	32.04	21.52	23.76
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.59	1.50	1.37	1.21	1.15	1.04	0.98	0.87	0.79	0.69	0.70
Long-Term Debt to Equity	1.40	1.29	1.17	0.85	0.81	0.72	0.63	0.59	0.52	0.51	0.55
Financial Leverage	1.02	1.06	0.99	1.10	1.18	1.08	1.00	0.89	0.82	0.72	0.70
Leverage Ratio	2.90	2.92	2.83	2.91	3.08	2.92	2.81	2.64	2.52	2.37	2.34
Compound Leverage Factor	2.35	2.28	2.35	2.48	2.64	2.54	2.48	2.36	2.23	2.18	2.13
Debt to Total Capital	61.41%	60.03%	57.79%	54.85%	53.55%	51.03%	49.50%	46.64%	44.13%	40.78%	41.16%
Short-Term Debt to Total Capital	7.59%	8.54%	8.59%	16.43%	15.79%	15.93%	17.76%	15.03%	15.23%	10.71%	8.57%
Long-Term Debt to Total Capital	53.83%	51.49%	49.19%	38.42%	37.76%	35.10%	31.74%	31.61%	28.90%	30.08%	32.59%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.05%	0.05%	0.05%	0.05%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%
Common Equity to Total Capital	38.54%	39.92%	42.16%	45.10%	46.41%	48.92%	50.46%	53.32%	55.83%	59.18%	58.80%
Debt to EBITDA	5.72	5.32	4.28	3.08	2.71	2.44	2.29	2.10	2.02	1.70	1.75
Net Debt to EBITDA	5.04	4.56	3.72	2.70	2.36	2.12	1.98	1.78	1.69	1.39	1.45
Long-Term Debt to EBITDA	5.02	4.56	3.64	2.16	1.91	1.68	1.47	1.42	1.32	1.25	1.38
Debt to NOPAT	6.19	6.39	5.92	5.25	4.65	4.12	3.49	3.50	3.30	2.88	2.79
Net Debt to NOPAT	5.45	5.49	5.15	4.59	4.04	3.58	3.01	2.96	2.77	2.36	2.30
Long-Term Debt to NOPAT	5.42	5.48	5.04	3.68	3.28	2.83	2.24	2.37	2.16	2.13	2.21
Altman Z-Score	2.28	2.47	2.74	3.02	3.12	3.51	4.00	3.96	4.62	5.12	4.90
Noncontrolling Interest Sharing Ratio	0.15%	0.14%	0.13%	0.12%	0.11%	0.11%	0.10%	0.09%	0.08%	0.07%	0.07%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.30	1.28	1.25	0.88	0.89	0.90	0.87	0.93	0.96	1.06	1.21
Quick Ratio	0.64	0.65	0.65	0.47	0.46	0.44	0.46	0.49	0.46	0.53	0.63
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-6,863	-4,958	-4,953	-1,546	602	536	819	1,139	482	1,775	1,267
Operating Cash Flow to CapEx	631.29%	608.89%	828.92%	1,110.41%	669.81%	664.04%	1,109.44%	1,060.89%	906.94%	771.23%	912.45%
Free Cash Flow to Firm to Interest Expense	-58.26	-33.75	-32.59	-9.84	4.48	4.15	6.62	9.55	4.26	17.61	13.21
Operating Cash Flow to Interest Expense	3.88	4.21	4.73	7.54	4.83	5.44	6.43	10.37	6.58	9.27	6.57
Operating Cash Flow Less CapEx to Interest Expense	3.27	3.52	4.16	6.86	4.11	4.62	5.85	9.40	5.85	8.07	5.85
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.65	0.65	0.68	0.68	0.66	0.66	0.66	0.67	0.68	0.69	0.68
Accounts Receivable Turnover	6.86	7.44	6.93	7.38	7.30	7.64	6.85	7.00	7.33	7.87	6.87
Inventory Turnover	4.02	4.26	4.50	4.93	4.20	4.14	4.22	4.50	4.34	4.31	4.34
Fixed Asset Turnover	6.56	6.81	7.24	7.64	7.04	6.90	6.94	6.94	7.04	6.98	6.95
Accounts Payable Turnover	5.93	6.46	6.37	6.68	6.38	6.50	6.30	6.33	6.42	6.76	6.37
Days Sales Outstanding (DSO)	53.18	49.07	52.66	49.48	49.98	47.77	53.31	52.13	49.79	46.36	53.16
Days Inventory Outstanding (DIO)	90.82	85.66	81.13	73.98	86.88	88.22	86.42	81.18	84.12	84.63	84.03
Days Payable Outstanding (DPO)	61.52	56.50	57.30	54.64	57.20	56.14	57.93	57.63	56.88	54.03	57.27
Cash Conversion Cycle (CCC)	82.48	78.23	76.48	68.83	79.66	79.84	81.81	75.68	77.03	76.96	79.93
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	21,080	21,371	21,451	21,318	21,174	21,552	21,405	21,012	21,456	20,540	21,149
Invested Capital Turnover	0.94	0.92	0.97	0.95	0.93	0.92	0.93	0.94	0.94	0.95	0.93
Increase / (Decrease) in Invested Capital	7,327	5,435	5,619	2,330	94	181	-46	-306	282	-1,012	-256
Enterprise Value (EV)	42,586	48,729	54,151	60,379	60,029	68,793	81,184	73,957	89,813	89,292	86,028
Market Capitalization	30,269	36,680	42,481	49,387	49,421	58,544	71,369	65,017	81,249	81,870	78,270
Book Value per Share	$68.24	$72.60	$76.26	$80.49	$82.26	$87.97	$90.26	$93.92	$100.25	$101.92	$104.00
Tangible Book Value per Share	($77.95)	($75.81)	($72.79)	($68.22)	($63.46)	($58.55)	($54.13)	($48.64)	($42.62)	($36.38)	($34.49)
Total Capital	22,737	23,355	23,198	22,898	22,765	23,102	22,971	22,641	23,090	22,168	22,773
Total Debt	13,964	14,020	13,405	12,559	12,190	11,790	11,371	10,560	10,189	9,041	9,373
Total Long-Term Debt	12,239	12,026	11,412	8,796	8,596	8,109	7,290	7,157	6,673	6,668	7,421
Net Debt	12,306	12,036	11,658	10,980	10,599	10,239	9,805	8,931	8,555	7,413	7,749
Capital Expenditures (CapEx)	72	102	87	107	97	106	72	117	82	121	69
Debt-free, Cash-free Net Working Capital (DFCFNWC)	2,872	2,798	2,880	2,387	2,300	2,520	2,613	2,466	2,840	2,339	2,705
Debt-free Net Working Capital (DFNWC)	3,394	3,576	3,438	2,862	2,757	2,914	3,029	2,888	3,211	2,734	3,114
Net Working Capital (NWC)	1,669	1,582	1,445	-901	-837	-767	-1,052	-515	-304	361	1,163
Net Nonoperating Expense (NNE)	76	81	75	75	44	35	46	47	66	-185	49
Net Nonoperating Obligations (NNO)	12,306	12,036	11,658	10,980	10,599	10,239	9,805	8,931	8,555	7,413	7,749
Total Depreciation and Amortization (D&A)	154	230	225	209	240	228	228	231	229	226	223
Debt-free, Cash-free Net Working Capital to Revenue	17.59%	16.29%	15.86%	12.52%	11.69%	12.71%	13.17%	12.38%	14.21%	11.75%	13.67%
Debt-free Net Working Capital to Revenue	20.78%	20.81%	18.94%	15.01%	14.01%	14.70%	15.27%	14.49%	16.07%	13.74%	15.73%
Net Working Capital to Revenue	10.22%	9.21%	7.96%	-4.73%	-4.26%	-3.87%	-5.30%	-2.58%	-1.52%	1.81%	5.87%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.02	$3.08	$4.61	$5.52	$5.07	$5.31	$5.65	$6.10	$5.43	$7.37	$7.48
Adjusted Weighted Average Basic Shares Outstanding	128.41M	128.27M	128.30M	128.43M	128.48M	128.41M	128.54M	128.60M	128.72M	128.76M	127.78M
Adjusted Diluted Earnings per Share	$2.98	$3.04	$4.54	$5.48	$4.99	$5.23	$5.56	$6.06	$5.34	$7.25	$7.37
Adjusted Weighted Average Diluted Shares Outstanding	128.41M	128.27M	128.30M	128.43M	128.48M	128.41M	128.54M	128.60M	128.72M	128.76M	127.78M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	128.41M	128.27M	128.30M	128.43M	128.48M	128.41M	128.54M	128.60M	128.72M	128.76M	127.78M
Normalized Net Operating Profit after Tax (NOPAT)	464	477	666	784	696	717	773	833	764	763	1,011
Normalized NOPAT Margin	10.96%	10.20%	13.16%	15.38%	14.35%	14.87%	15.23%	16.05%	15.58%	16.09%	20.38%
Pre Tax Income Margin	11.89%	11.05%	14.94%	17.72%	16.93%	18.01%	18.13%	19.01%	17.85%	24.58%	20.06%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.27	4.52	5.98	6.75	7.10	7.73	8.44	9.27	8.74	12.57	11.37
NOPAT to Interest Expense	3.94	3.25	4.38	4.99	5.17	5.55	6.25	6.98	6.76	7.57	10.53
EBIT Less CapEx to Interest Expense	4.66	3.83	5.41	6.07	6.38	6.91	7.86	8.29	8.01	11.36	10.65
NOPAT Less CapEx to Interest Expense	3.32	2.55	3.81	4.31	4.45	4.73	5.67	6.00	6.03	6.37	9.81
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	48.54%	51.30%	45.56%	33.79%	30.95%	28.32%	27.64%	27.59%	27.71%	25.99%	24.77%
Augmented Payout Ratio	71.01%	72.04%	64.71%	48.06%	44.13%	40.27%	39.75%	39.26%	39.69%	38.21%	52.80%

Key Financial Trends

Positive Highlights:

Parker-Hannifin's quarterly revenue has steadily increased over the last two years, from approximately $4.08 billion in Q3 2022 to nearly $4.96 billion in Q3 2025, indicating consistent sales growth.
Net income has shown a solid uptrend, rising from about $348 million in Q3 2022 to over $960 million in Q3 2025, highlighting profitability improvement.
Earnings per share (diluted) increased from $2.67 in Q3 2022 to $7.37 in Q3 2025, reflecting enhanced shareholder value and effective share management.
Operating income also increased from approximately $736 million in Q3 2022 to over $1.04 billion in Q3 2025, showing improved operational efficiency and margin expansion.
Consistently positive net cash from operating activities, peaking at $630 million in Q3 2025, demonstrates strong cash generation ability underlying business operations.
The company maintains a sizable and stable asset base, with total assets around $28-30 billion over recent quarters, reflecting financial strength and resource availability.
Parker-Hannifin has been returning value to shareholders reliably, with cash dividends per share steadily raised from $1.03 in Q4 2022 to $1.63 by 2025, showing commitment to shareholder returns.

Neutral Indicators:

The company’s total liabilities have increased alongside assets and equity, rising from about $13.57 billion in Q1 2023 to over $15.5 billion in Q3 2025, maintaining a balanced capital structure.
Interest expense fluctuates around $63 million to $113 million quarterly, with some volatility but manageable given earnings increases.
Operating cost of revenue and selling, general & admin expenses have risen, largely in line with revenue growth, indicating stable cost management but warranting monitoring.

Negative Factors:

Significant acquisitions and divestitures in early 2023 caused large swings in cash flow from investing activities, including a very large $7.14 billion acquisition in Q1 2023 which heavily impacted free cash flow that quarter.
Debt levels have risen in the last two years, with long-term debt increasing from approximately $6.2 billion in Q1 2022 to $7.4 billion by Q3 2025, potentially increasing financial leverage and interest obligations.
Net cash from financing activities frequently shows large negative outflows related to debt repayment and common stock repurchases, which may strain liquidity if not managed cautiously.
The company's net change in cash has been volatile across quarters, reflecting varying cash inflows and outflows from operating, investing, and financing activities; this calls for close cash management focus.

Summary:

Parker-Hannifin exhibits a solid and improving financial profile over the past few years, with steady revenue and earnings growth, strong cash flow generation, and sustained shareholder returns. However, the company’s increased debt levels and large acquisitions add some financial risk, making prudent leverage and cash flow management critical. Overall, the firm appears to be a healthy industrial operator growing profitably while balancing investments and returns to shareholders.

08/04/25 12:48 AMAI Generated. May Contain Errors.

Frequently Asked Questions About Parker-Hannifin's Financials

When does Parker-Hannifin's financial year end?

According to the most recent income statement we have on file, Parker-Hannifin's fiscal year ends in June. Their fiscal year 2024 ended on June 30, 2024.

How has Parker-Hannifin's net income changed over the last 9 years?

Parker-Hannifin's net income appears to be on an upward trend, with a most recent value of $2.84 billion in 2024, rising from $1.01 billion in 2015. The previous period was $2.08 billion in 2023. Check out Parker-Hannifin's forecast to explore projected trends and price targets.

What is Parker-Hannifin's operating income?

Parker-Hannifin's total operating income in 2024 was $3.81 billion, based on the following breakdown:

Total Gross Profit: $7.13 billion
Total Operating Expenses: $3.32 billion

How has Parker-Hannifin's revenue changed over the last 9 years?

Over the last 9 years, Parker-Hannifin's total revenue changed from $12.71 billion in 2015 to $19.93 billion in 2024, a change of 56.8%.

How much debt does Parker-Hannifin have?

Parker-Hannifin's total liabilities were at $17.22 billion at the end of 2024, a 12.3% decrease from 2023, and a 140.1% increase since 2015.

How much cash does Parker-Hannifin have?

In the past 9 years, Parker-Hannifin's cash and equivalents has ranged from $422.03 million in 2024 to $3.22 billion in 2019, and is currently $422.03 million as of their latest financial filing in 2024.

How has Parker-Hannifin's book value per share changed over the last 9 years?

Over the last 9 years, Parker-Hannifin's book value per share changed from 36.81 in 2015 to 93.92 in 2024, a change of 155.2%.

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This page (NYSE:PH) was last updated on 8/4/2025 by MarketBeat.com Staff

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