Business Description
Parker-Hannifin Corporation is a global enterprise specializing in the production and distribution of advanced motion and control technologies and systems. These solutions serve a broad spectrum of international markets, including mobile applications, industrial operations, and the aerospace sector. Its organizational structure is primarily divided into two key business units: Diversified Industrial and Aerospace Systems. Within the Diversified Industrial division, the product portfolio is extensive, covering sealing, protective shielding, thermal management systems, bonding agents, surface coatings, and technologies designed to reduce noise, vibration, and harshness. This segment also provides filtration units, diagnostic tools, and related solutions for purifying fuel, air, oil, water, and various other liquids and gases by eliminating contaminants. Additionally, it produces connectors vital for fluid handling (controlling, transmitting, and containing), along with advanced control mechanisms engineered for demanding environments involving extreme corrosion, temperatures, pressures, and requiring precise flow regulation. Crucially, it supplies hydraulic, pneumatic, and electromechanical components and integrated systems to manufacturers and operators of both mobile and stationary industrial machinery. Products from this division are supplied to original equipment manufacturers (OEMs) as well as to distributors who cater to the aftermarket across a wide array of sectors. These include industries focused on manufacturing, packaging, processing, transportation, construction, climate control (refrigeration and air conditioning), agriculture, and military machinery and equipment. In contrast, the Aerospace Systems segment focuses on delivering specialized components and systems for both commercial and military aircraft structures and engine applications. Its comprehensive offerings encompass control actuation systems, parts for engine construction and exhaust, entire engine systems, fluid transport and fuel systems (including those for fuel tank inerting), hydraulic and lubrication components, pilot interface controls, pneumatic control elements, thermal regulation products, and landing gear wheels and brakes. The segment also provides devices for precise fluid measurement, distribution, and atomization. Sales within this particular division are conducted directly with original equipment manufacturers (OEMs) and final consumers. Overall, Parker-Hannifin distributes its solutions via a diversified sales network, comprising its own dedicated sales personnel, independent distributors, and authorized sales representatives. Established in 1917, the corporation maintains its global headquarters in Cleveland, Ohio.
Business History
Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): 27.52
Total Equity: $13.68B
Shares: 130,200,000
Total Debt: $9.38B
Cash: $467.00M
EBITDA: $5.42B
Total Debt: $9.38B
Cash: $467.00M
Revenue: $19.85B
Revenue: $19.85B
Revenue: $19.85B
Total Equity: $13.68B
Tax Rate: 14.0%
Equity: $13.68B
Total Debt: $9.38B
Cash: $467.00M
Current Liabilities: $5.82B
Long-Term Debt: $7.55B
Total Debt: $9.38B
Total Equity: $13.68B
Shares: 130,200,000
Shares: 130,200,000
CapEx: -$435.00M
Shares: 130,200,000
Stock Price: $968.92
Net Income: $3.53B
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jun 23, 2026 3:02am (4d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $14.3B | $15.9B | $19.1B | $19.9B | $19.9B |
| Cost of Revenue | $10.4B | $11.5B | $12.6B | $12.8B | $12.5B |
| Gross Profit | $3.9B | $4.4B | $6.5B | $7.2B | $7.3B |
| Operating Expenses | $1.5B | $1.6B | $3.2B | $3.3B | $3.3B |
| Operating Income | $2.4B | $2.8B | $3.2B | $3.9B | $4.1B |
| Net Income | $1.7B | $1.3B | $2.1B | $2.8B | $3.5B |
| EBITDA | $3.1B | $2.4B | $4.1B | $5.0B | $5.4B |
| EPS | $13.54 | $10.24 | $16.23 | $22.13 | $27.52 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 23, 2026 3:04am (4d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $733.1M | $6.6B | $475.2M | $422.0M | $467.0M |
| Total Current Assets | $5.6B | $12.0B | $6.8B | $6.8B | $7.0B |
| Total Assets | $20.3B | $25.9B | $30.0B | $29.3B | $29.5B |
| Current Liabilities | $3.1B | $5.9B | $7.7B | $7.3B | $5.8B |
| Long-Term Debt | $6.7B | $9.9B | $8.9B | $7.2B | $7.5B |
| Total Liabilities | $11.9B | $17.1B | $19.6B | $17.2B | $15.8B |
| Total Equity | $8.4B | $8.8B | $10.3B | $12.1B | $13.7B |
| Retained Earnings | $14.9B | $15.7B | $17.0B | $19.1B | $21.8B |
Cash Flow (Annual)
Last updated: Jun 23, 2026 3:04am (4d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $2.6B | $2.4B | $3.0B | $3.4B | $3.8B |
| Capital Expenditure | -$210.0M | -$230.0M | -$380.7M | -$400.1M | -$435.0M |
| Free Cash Flow | $2.4B | $2.2B | $2.6B | $3.0B | $3.3B |
| Acquisitions (net) | $140.6M | $3.4M | -$6.7B | $77.7M | $655.0M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$218.8M | -$460.1M | -$297.3M | -$332.1M | -$1.8B |
| Net Change in Cash | $47.6M | $5.9B | -$6.2B | -$53.2M | $45.0M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 6:20am (2h ago)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$22.8B $22.4B – $24.0B
|
$24.3B $24.1B – $24.5B
|
$26.3B $26.0B – $27.0B
|
$27.6B $27.3B – $28.3B
|
| EBITDA |
$8.4B $8.2B – $8.8B
|
$8.9B $8.9B – $9.0B
|
$9.7B $9.6B – $9.9B
|
$10.1B $10.0B – $10.4B
|
| Net Income |
$4.4B $4.4B – $4.5B
|
$5.0B $4.7B – $5.2B
|
$5.4B $5.4B – $5.6B
|
$5.9B $5.8B – $6.1B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 23, 2026 3:02am (4d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +10.6% | +20.2% | +4.5% | -0.4% |
| Gross Profit Growth | +12.3% | +47.3% | +10.8% | +2.2% |
| Operating Income Growth | +17.2% | +14.4% | +21.1% | +4.1% |
| Net Income Growth | -24.7% | +58.3% | +36.5% | +24.1% |
| EBITDA Growth | -21.1% | +66.8% | +23.5% | +7.9% |
Insider Trading (Recent)
Last updated: Jun 27, 2026 6:20am (2h ago)All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-04-22 | Jacobson Matthew A. | A-Award | 1,424.00 | $0.00 | $0 |
| 2026-04-22 | Jacobson Matthew A. | F-InKind | 585.00 | $954.43 | $558,342 |
| 2026-04-22 | Parel Dinu J | A-Award | 4,467.00 | $0.00 | $0 |
| 2026-04-22 | Parel Dinu J | F-InKind | 1,970.00 | $954.43 | $1.9M |
| 2026-04-22 | Reidy Jay | A-Award | 3,725.00 | $0.00 | $0 |
| 2026-04-22 | Reidy Jay | F-InKind | 1,495.00 | $954.43 | $1.4M |
| 2026-04-22 | Hart Mark J | A-Award | 4,467.00 | $0.00 | $0 |
| 2026-04-22 | Hart Mark J | F-InKind | 1,970.00 | $954.43 | $1.9M |
| 2026-04-22 | Gentile Thomas C | A-Award | 2,241.00 | $0.00 | $0 |
| 2026-04-22 | Gentile Thomas C | F-InKind | 989.00 | $954.43 | $943,931 |
| 2026-04-22 | Czaja Mark T | A-Award | 3,580.00 | $0.00 | $0 |
| 2026-04-22 | Czaja Mark T | F-InKind | 1,421.00 | $954.43 | $1.4M |
| 2026-04-22 | Bracht Berend | A-Award | 4,467.00 | $0.00 | $0 |
| 2026-04-22 | Bracht Berend | F-InKind | 1,948.00 | $954.43 | $1.9M |
| 2026-04-22 | Bendali Rachid | A-Award | 4,467.00 | $0.00 | $0 |
| 2026-04-22 | Bendali Rachid | F-InKind | 1,913.00 | $954.43 | $1.8M |
| 2026-04-22 | Ross Andrew D | A-Award | 9,837.00 | $0.00 | $0 |
| 2026-04-22 | Ross Andrew D | F-InKind | 4,339.00 | $954.43 | $4.1M |
| 2026-04-22 | Parmentier Jennifer A | A-Award | 29,808.00 | $0.00 | $0 |
| 2026-04-22 | Parmentier Jennifer A | F-InKind | 12,997.00 | $954.43 | $12.4M |
Dividend History (Last 20)
Last updated: Jun 21, 2026 6:33pm (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-05-08 | $2.00 | 2026-04-23 | 2026-05-08 | 2026-06-05 |
| 2026-02-06 | $1.80 | 2026-01-22 | 2026-02-06 | 2026-03-06 |
| 2025-11-07 | $1.80 | 2025-10-22 | 2025-11-07 | 2025-12-05 |
| 2025-09-02 | $1.80 | 2025-08-21 | 2025-09-02 | 2025-09-12 |
| 2025-05-09 | $1.80 | 2025-04-24 | 2025-05-09 | 2025-06-06 |
| 2025-02-07 | $1.63 | 2025-01-23 | 2025-02-07 | 2025-03-07 |
| 2024-11-08 | $1.63 | 2024-10-23 | 2024-11-08 | 2024-12-06 |
| 2024-08-28 | $1.63 | 2024-08-15 | 2024-08-28 | 2024-09-13 |
| 2024-05-09 | $1.63 | 2024-04-25 | 2024-05-10 | 2024-06-07 |
| 2024-02-08 | $1.48 | 2024-01-25 | 2024-02-09 | 2024-03-01 |
| 2023-11-10 | $1.48 | 2023-10-25 | 2023-11-13 | 2023-12-01 |
| 2023-08-25 | $1.48 | 2023-08-17 | 2023-08-28 | 2023-09-08 |
| 2023-05-11 | $1.48 | 2023-04-27 | 2023-05-12 | 2023-06-02 |
| 2023-02-09 | $1.33 | 2023-01-26 | 2023-02-10 | 2023-03-03 |
| 2022-11-10 | $1.33 | 2022-10-26 | 2022-11-14 | 2022-12-02 |
| 2022-08-26 | $1.33 | 2022-08-18 | 2022-08-29 | 2022-09-09 |
| 2022-05-12 | $1.33 | 2022-04-28 | 2022-05-13 | 2022-06-03 |
| 2022-02-10 | $1.03 | 2022-01-27 | 2022-02-11 | 2022-03-04 |
| 2021-11-10 | $1.03 | 2021-10-27 | 2021-11-12 | 2021-12-03 |
| 2021-08-26 | $1.03 | 2021-08-12 | 2021-08-27 | 2021-09-10 |
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