Tearsheet

Parker Hannifin (PH)


Market Price (12/27/2025): $888.08 | Market Cap: $112.3 Bil
Sector: Industrials | Industry: Industrial Machinery & Supplies & Components

Parker Hannifin (PH)


Market Price (12/27/2025): $888.08
Market Cap: $112.3 Bil
Sector: Industrials
Industry: Industrial Machinery & Supplies & Components

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


0 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 21%
Trading close to highs
Dist 52W High is -1.2%, Dist 3Y High is -1.2%
Key risks
PH key risks include [1] tepid demand in key end-markets such as construction and agriculture.
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 19%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17%, CFO LTM is 3.8 Bil, FCF LTM is 3.4 Bil
  
2 Low stock price volatility
Vol 12M is 32%
  
3 Megatrend and thematic drivers
Megatrends include Automation & Robotics, Hydrogen Economy, Electrification of Everything, Advanced Aviation & Space, Show more.
  
0 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 21%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 19%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17%, CFO LTM is 3.8 Bil, FCF LTM is 3.4 Bil
2 Low stock price volatility
Vol 12M is 32%
3 Megatrend and thematic drivers
Megatrends include Automation & Robotics, Hydrogen Economy, Electrification of Everything, Advanced Aviation & Space, Show more.
4 Trading close to highs
Dist 52W High is -1.2%, Dist 3Y High is -1.2%
5 Key risks
PH key risks include [1] tepid demand in key end-markets such as construction and agriculture.

Valuation, Metrics & Events

PH Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

Parker Hannifin (PH) experienced an approximate 17.5% stock movement during the period from August 31, 2025, to December 27, 2025, influenced by several key factors.

<b>1. Significant Acquisition of Filtration Group.</b><br><br>

On November 11, 2025, Parker-Hannifin announced a major cash acquisition of Filtration Group Corporation for $9.25 billion. This strategic move is expected to boost Parker's revenue by approximately 10% and significantly expand its aftermarket business, establishing it as one of the largest global industrial filtration providers. The acquisition is projected to generate $220 million in annual synergies within three years.

<b>2. Completion of Curtis Instruments Acquisition.</b><br><br>

Parker Hannifin completed the $1 billion acquisition of Curtis Instruments on September 18, 2025. This acquisition is seen as enhancing Parker's capabilities in electrification and complementing its existing portfolio of electric and hybrid vehicle motors and controls, indicating strategic growth in a key technology sector.

<b>3. Strong Fiscal 2025 Third Quarter Earnings.</b><br><br>

The company reported its fiscal Q3 2025 earnings on November 4, 2025, beating analysts' revenue expectations. Parker-Hannifin reported revenues of $5.24 billion, marking a 1.1% year-over-year increase for the quarter ending September 30, 2025. This revenue beat contributed positively to investor sentiment despite a miss on adjusted operating income estimates.

<b>4. Consistent Shareholder Returns through Dividends.</b><br><br>

Parker-Hannifin continued its long-standing commitment to shareholder returns by declaring a quarterly cash dividend of $1.80 per share, payable on September 12, 2025. This marked the company's 301st consecutive quarterly dividend and its 69th consecutive fiscal year of dividend increases, placing it among the top five longest-running dividend-increase records in the S&P 500.

<b>5. Positive Analyst Sentiment and Price Targets.</b><br><br>

Throughout this period, Parker-Hannifin maintained a generally positive outlook from Wall Street analysts. As of December 27, 2025, analysts held a "Buy" consensus rating for the stock, with an average 12-month price target suggesting further upside potential. This favorable analyst sentiment likely contributed to sustained investor confidence and stock performance.

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Stock Movement Drivers

Fundamental Drivers

The 18.6% change in PH stock from 9/26/2025 to 12/26/2025 was primarily driven by a 14.2% change in the company's P/E Multiple.
926202512262025Change
Stock Price ($)749.10888.0818.55%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)19850.0220030.020.91%
Net Income Margin (%)17.79%18.18%2.19%
P/E Multiple27.0230.8614.21%
Shares Outstanding (Mil)127.34126.500.66%
Cumulative Contribution18.55%

LTM = Last Twelve Months as of date shown

Market Drivers

9/26/2025 to 12/26/2025
ReturnCorrelation
PH18.6% 
Market (SPY)4.3%36.0%
Sector (XLI)3.0%60.2%

Fundamental Drivers

The 27.3% change in PH stock from 6/27/2025 to 12/26/2025 was primarily driven by a 16.9% change in the company's P/E Multiple.
627202512262025Change
Stock Price ($)697.37888.0827.35%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)19794.1520030.021.19%
Net Income Margin (%)17.14%18.18%6.06%
P/E Multiple26.4130.8616.86%
Shares Outstanding (Mil)128.44126.501.51%
Cumulative Contribution27.32%

LTM = Last Twelve Months as of date shown

Market Drivers

6/27/2025 to 12/26/2025
ReturnCorrelation
PH27.3% 
Market (SPY)12.6%41.6%
Sector (XLI)7.5%63.5%

Fundamental Drivers

The 37.7% change in PH stock from 12/26/2024 to 12/26/2025 was primarily driven by a 25.6% change in the company's Net Income Margin (%).
1226202412262025Change
Stock Price ($)645.13888.0837.66%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)19986.5120030.020.22%
Net Income Margin (%)14.47%18.18%25.65%
P/E Multiple28.7230.867.45%
Shares Outstanding (Mil)128.70126.501.71%
Cumulative Contribution37.62%

LTM = Last Twelve Months as of date shown

Market Drivers

12/26/2024 to 12/26/2025
ReturnCorrelation
PH37.7% 
Market (SPY)15.8%79.7%
Sector (XLI)18.3%83.9%

Fundamental Drivers

The 214.8% change in PH stock from 12/27/2022 to 12/26/2025 was primarily driven by a 137.0% change in the company's Net Income Margin (%).
1227202212262025Change
Stock Price ($)282.14888.08214.76%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)16331.5720030.0222.65%
Net Income Margin (%)7.67%18.18%137.03%
P/E Multiple28.9330.866.65%
Shares Outstanding (Mil)128.43126.501.50%
Cumulative Contribution214.69%

LTM = Last Twelve Months as of date shown

Market Drivers

12/27/2023 to 12/26/2025
ReturnCorrelation
PH96.1% 
Market (SPY)48.0%73.7%
Sector (XLI)41.3%82.5%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
PH Return35%18%-7%61%40%41%372%
Peers Return16%38%-12%21%26%16%150%
S&P 500 Return16%27%-19%24%23%18%114%

Monthly Win Rates [3]
PH Win Rate58%50%33%58%67%75% 
Peers Win Rate52%65%42%68%57%52% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
PH Max Drawdown-52%-8%-25%0%-2%-18% 
Peers Max Drawdown-34%-5%-26%-7%-9%-23% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See PH Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)

How Low Can It Go

Unique KeyEventPHS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-29.2%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven41.3%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven230 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-54.7%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven120.7%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven198 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-33.1%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven49.5%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven414 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-67.5%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven207.6%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven641 days1,480 days

Compare to HPQ, HPE, IBM, CSCO, AAPL

In The Past

Parker Hannifin's stock fell -29.2% during the 2022 Inflation Shock from a high on 11/12/2021. A -29.2% loss requires a 41.3% gain to breakeven.

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Asset Allocation

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About Parker Hannifin (PH)

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments, Diversified Industrial and Aerospace Systems. The Company's Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; control solutions for extreme corrosion resistance, temperatures, pressures, and precise flow; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment. This segment sells its products to original equipment manufacturers (OEMs) and distributors who serve the replacement markets in manufacturing, packaging, processing, transportation, construction, refrigeration and air conditioning, agricultural, and military machinery and equipment industries. Its Aerospace Systems segment offers products for use in commercial and military airframe and engine programs, such as control actuation systems and components, engine build-up ducting, engine exhaust nozzles and assemblies, engine systems and components, fluid conveyance systems and components, fuel systems and components, fuel tank inerting systems, hydraulic systems and components, lubrication components, pilot controls, pneumatic control components, thermal management products, and wheels and brakes, as well as fluid metering, delivery, and atomization devices. This segment markets its products directly to OEMs and end users. It markets its products through direct-sales employees, independent distributors, and sales representatives. The company was founded in 1917 and is headquartered in Cleveland, Ohio.

AI Analysis | Feedback

Here are 1-3 brief analogies for Parker Hannifin (PH):

  • The Honeywell of industrial motion and control technologies.
  • Like Siemens, but focused on the hydraulic, pneumatic, and electromechanical systems that power industrial equipment.
  • The Bosch (Industrial Technology) of fluid and motion control systems.

AI Analysis | Feedback

  • Aerospace Systems: Develops and manufactures hydraulic, fuel, flight control, and fluid conveyance systems for commercial and military aircraft.
  • Filtration Products: Provides a broad range of filtration products for hydraulic, fuel, oil, air, and water applications in industrial and mobile markets.
  • Fluid Connectors: Produces hoses, fittings, valves, and quick couplers for hydraulic, pneumatic, and fluid conveyance systems.
  • Hydraulic Systems: Manufactures pumps, motors, valves, cylinders, and power units that use pressurized fluid to transmit power.
  • Pneumatic Systems: Supplies components such as cylinders, valves, and air preparation units that operate using compressed air for automation and control.
  • Electromechanical Products: Offers electric actuators, drives, and controls for precise and efficient motion control solutions.
  • Sealing & Shielding Solutions: Provides custom-engineered seals, O-rings, and EMI shielding products to prevent leaks and protect sensitive electronics.

AI Analysis | Feedback

Parker Hannifin (symbol: PH) sells primarily to other companies, operating on a Business-to-Business (B2B) model.

According to its latest annual reports (e.g., the 2023 Form 10-K), Parker Hannifin has a highly diversified customer base. The company explicitly states that no single customer accounts for more than 5% of its consolidated net sales. Therefore, Parker Hannifin does not disclose specific "major customers" by name.

Instead, Parker Hannifin serves tens of thousands of Original Equipment Manufacturers (OEMs), system integrators, and end-users across a broad spectrum of critical global industries. These customers operate within the following key sectors:

  • Aerospace and Defense: Companies involved in the manufacturing of commercial and military aircraft, space vehicles, and related systems, as well as those providing maintenance, repair, and overhaul (MRO) services. While not individually disclosed as major customers, prominent companies in this sector that widely utilize Parker's components and systems include firms like Boeing (BA) and Lockheed Martin (LMT).
  • Industrial Manufacturing and Automation: Manufacturers of a vast array of industrial machinery, factory automation equipment, power generation systems, process control equipment, medical devices, and semiconductor manufacturing equipment. The customer base here is extremely fragmented and diverse, with many leading global industrial corporations relying on Parker's technologies. Examples of the *type* of customers in this sector include Siemens AG (SIEGY) and various global industrial OEMs.
  • Mobile and Off-Highway Equipment: Manufacturers of heavy machinery and vehicles used in construction, agriculture, mining, material handling, and various transportation sectors. Again, while not individually disclosed as major customers, leading companies in this field that are significant users of motion and control technologies include Caterpillar Inc. (CAT) and Deere & Company (DE).

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Jennifer A. Parmentier, Chairman of the Board and Chief Executive Officer

Jennifer A. Parmentier joined Parker Hannifin in 2008. She became Chief Executive Officer in January 2023 and Chairman of the Board in January 2024. Prior to her current role, she served as Chief Operating Officer from 2021 to 2023. She also held positions as Vice President and President – Motion Systems Group from 2019 to 2021 and Vice President and President – Engineered Materials Group from 2015 to 2019. Before joining Parker, Ms. Parmentier was Business Leader for Ingersoll Rand Trane Residential Systems and held operational leadership positions with Magna Corporation. She serves on the Board of Directors of Nordson Corporation.

Todd M. Leombruno, Executive Vice President and Chief Financial Officer

Todd M. Leombruno began his career with Parker Hannifin in 1993 through the Accounting Trainee program. He advanced through various accounting and financial roles, becoming Division Controller for the Hydraulic Cartridge Systems Division in 2000. He also served as Director of Lean Financial Systems in 2006 and Director of Investor Relations in 2012. He was named Group Vice President and Controller for the Engineered Materials Group in 2015 and Vice President and Controller in 2017. Mr. Leombruno was elected Executive Vice President and Chief Financial Officer, effective January 1, 2021. He also serves on the Board of Directors for The Timken Company.

Andrew D. Ross, President and Chief Operating Officer

Andrew D. Ross became President in January 2024 and Chief Operating Officer in 2023. His previous roles include Vice President and President of the Fluid Connectors Group and Vice President and President of the Engineered Materials Group. He has also held various managerial positions, such as Vice President of Sales and Marketing and General Manager of the Engineered Materials Group.

Mark J. Hart, Executive Vice President, Human Resources and External Affairs

Mark J. Hart serves as the Executive Vice President, Human Resources and External Affairs for Parker Hannifin. He started with the company in July 2005.

Berend Bracht, Vice President and President, Motion Systems Group

Berend Bracht holds the position of Vice President and President of the Motion Systems Group at Parker Hannifin.

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AI Analysis | Feedback

The key risks to Parker Hannifin's business include its exposure to global economic downturns and cyclical industries, intense competition, and cybersecurity threats.

  1. Global Economic Downturns and Cyclical Industries: Parker Hannifin's financial performance is significantly affected by global economic uncertainties, downturns, and its dependence on cyclical industries. Economic and political instability, including factors like currency exchange fluctuations, trade restrictions, and tariffs, can adversely impact demand for the company's products and services, leading to reduced sales and profitability. Weakness in the diversified industrial segment, particularly due to tepid demand in sectors like construction and agriculture, has been noted as a specific challenge. Forecasts of deteriorating global capital expenditure growth and slowing factory activity in various regions also pose headwinds.
  2. Intense Competition: Parker Hannifin operates in a highly competitive global market for motion and control technologies. It faces stiff competition from other international players such as Eaton Corporation, Danaher Corporation, and Rockwell Automation, which can impact its market share and profitability. This competitive landscape requires continuous innovation and strategic positioning to maintain its market standing.
  3. Cybersecurity Threats: The company is exposed to increasing cybersecurity threats and sophisticated computer crimes. These risks could potentially disrupt operations, compromise sensitive data, and lead to financial losses or reputational damage. Parker Hannifin acknowledges these threats in its SEC filings, indicating that while they have not materially affected the company in the past, they remain a significant risk to business operations.

AI Analysis | Feedback

The accelerating global trend towards electrification in industrial machinery, mobile equipment, and aerospace applications represents a clear emerging threat to Parker Hannifin's traditional core businesses in hydraulics and pneumatics. As industries increasingly adopt electric powertrains, actuators, and control systems to meet efficiency, emissions, and performance goals, demand for conventional fluid power components could decrease. While Parker Hannifin is actively investing in and developing electromechanical products and solutions, this shift requires a significant adaptation of their product portfolio, manufacturing capabilities, and market strategy to remain competitive against companies specializing in electric motion and control technologies. Failure to fully capitalize on or rapidly transition to these new electric paradigms could erode their market share and profitability in segments where they currently hold strong positions.

AI Analysis | Feedback

Parker Hannifin (symbol: PH) operates in diversified motion and control technologies, providing solutions across various markets globally. The addressable markets for their main products and services are substantial and are broken down by key technology areas:

  • Hydraulics: The global hydraulics market was valued at approximately USD 49.24 billion in 2024 and is projected to reach USD 70.69 billion by 2033, growing at a Compound Annual Growth Rate (CAGR) of 4.1% during the forecast period (2025-2033). Other estimates place the global market at USD 53.75 billion in 2024, with a projection to reach USD 77.26 billion by 2032, exhibiting a CAGR of 4.71%. North America is expected to experience the fastest growth in this market.
  • Pneumatics: The global pneumatic components market size was estimated at USD 19.49 billion in 2024 and is anticipated to reach USD 27.02 billion by 2030, growing at a CAGR of 5.6% from 2025 to 2030. Another report values the global pneumatic equipment market at USD 34.99 billion in 2025, forecasting it to reach USD 49.07 billion by 2030 with a 7.0% CAGR. North America held the largest revenue share in the pneumatic components market, accounting for approximately 34.9% in 2024.
  • Filtration: The global filters market was estimated at USD 79.25 billion in 2023 and is projected to reach USD 112.87 billion by 2030, growing at a CAGR of 5.2% from 2024 to 2030. Specifically, the global industrial filtration market was valued at USD 37.16 billion in 2024 and is projected to grow to USD 71.44 billion by 2035, with a CAGR of 6.12% from 2025 to 2035. The North American industrial filtration market exceeded USD 16.91 billion in 2024.
  • Electromechanical: The global micro-electro-mechanical system (MEMS) market size was estimated at USD 17.51 billion in 2025, with an expectation to reach USD 41.84 billion by 2033, demonstrating a CAGR of 11.50%. Another estimate for the global micro-electro-mechanical system market size is USD 20.82 billion in 2025, forecasted to reach around USD 53.79 billion by 2034 with a CAGR of 11.12%. The global electromechanical switch market was valued at USD 4.5 billion in 2023 and is poised to grow to USD 6.46 billion by 2032, with a CAGR of 4.1%. North America held a significant market share, representing over 40% of the global MEMS market revenue in 2025.
  • Aerospace: The global aerospace market size was valued at approximately USD 373.61 billion in 2024 and is projected to surpass around USD 791.78 billion by 2034, expanding at a CAGR of 7.8% between 2024 and 2034. Other sources estimate the global aerospace market size at around USD 356.11 billion in 2024, expecting it to reach USD 664 billion by 2033 at a CAGR of about 7.18%. The North American aerospace market size was calculated at USD 171.86 billion in 2024 and is expected to grow at the fastest CAGR of 7.91% during the forecast year.

AI Analysis | Feedback

Parker Hannifin (PH) is expected to drive future revenue growth over the next 2-3 years through several key areas:

  1. Aerospace Systems Segment Growth: The Aerospace Systems segment is a significant growth driver, fueled by a robust commercial aerospace cycle and strong aftermarket sales. Management anticipates approximately 10% growth in the aerospace business for fiscal year 2025, driven by strong demand. Organic growth for this segment was 13% in Q1 FY2026 and is projected to be 9.5% for the full fiscal year. The integration of Meggitt, a strategic acquisition, has further enhanced Parker-Hannifin's capabilities and contributed to increased market share and revenue growth in this area.
  2. Strategic Acquisitions: Parker Hannifin consistently utilizes strategic acquisitions to expand its portfolio and market presence. The integration of Meggitt has already demonstrated positive contributions. More recently, the acquisition of Curtis Instruments in 2025 is expected to expand the company's electrification offerings and be accretive to earnings per share in its first year.
  3. Expansion in Electrification and Microfluidics Markets: The company is actively positioning itself as a leader in emerging and high-growth markets. This includes making strides in sustainability initiatives and expanding its presence in the burgeoning microfluidics market. The acquisition of Curtis Instruments specifically diversifies its offerings in electric propulsion and hybrid systems, aligning with global trends toward decarbonization and electrification.
  4. Gradual Recovery and Demand in Specific Industrial Sectors: While some industrial sectors have faced headwinds, Parker Hannifin has noted a gradual return to growth in its industrial businesses. Management has raised forecasts for off-highway from negative low single digits to neutral and expects positive mid-single-digit growth for HVAC/refrigeration. Positive distributor sentiment and project wins in industrial segments are also contributing to a more optimistic outlook.

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Capital Allocation Decisions for Parker Hannifin (PH)

Share Repurchases

  • Parker Hannifin repurchased approximately $1.6 billion of shares in fiscal year 2025.
  • In fiscal year 2024, the company repurchased 0.4 million common shares for $200 million.
  • In fiscal year 2023, repurchases amounted to 0.7 million common shares for $200 million.
  • In August 2025, Parker Hannifin's Board approved an update to its share repurchase program, authorizing 20 million shares for future repurchases.

Share Issuance

  • Information on the dollar amount of share issuances, beyond those related to employee stock plans or net of repurchases, is not explicitly detailed as a significant capital allocation decision in the provided search results for the specified period. The number of outstanding shares for Parker-Hannifin was approximately 127.2 million as of October 2025, with minor fluctuations in recent years.

Outbound Investments

  • Parker Hannifin completed the acquisition of Meggitt plc on September 12, 2022. This acquisition significantly increased the size of Parker's aerospace business and aftermarket sales mix.
  • The company announced an agreement to acquire Curtis Instruments, Inc. for approximately $1.0 billion in fiscal year 2025, expanding its electrification offering.
  • In fiscal year 2025, Parker completed non-core divestitures for proceeds of approximately $0.6 billion. Additionally, in fiscal year 2024, the company announced an agreement to divest its composites and fuel containment business in North America, which had annual sales of approximately $350 million.

Capital Expenditures

  • Capital expenditures were $435 million in fiscal year 2025, with a forecast of $491.6 million for fiscal year 2026.
  • Capital expenditures amounted to $400 million in fiscal year 2024.
  • In fiscal year 2023, capital expenditures were $381 million.
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Trade Ideas

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LII_11212025_Dip_Buyer_ValueBuy11212025LIILennox InternationalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
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ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025ADPAutomatic Data ProcessingMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
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CW_11212025_Quality_Momentum_RoomToRun_10%11212025CWCurtiss-WrightQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
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PH_3312020_Dip_Buyer_ValueBuy03312020PHParker HannifinDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
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Peer Comparisons for Parker Hannifin

Peers to compare with:

Financials

PHHPQHPEIBMCSCOAAPLMedian
NameParker H.HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Price888.0823.2624.49305.0978.16273.40175.78
Mkt Cap112.321.932.6284.9309.24,074.4198.6
Rev LTM20,03055,29534,29665,40257,696408,62556,496
Op Inc LTM4,1373,6241,64411,54412,991130,2147,840
FCF LTM3,3852,80062711,85412,73396,1847,620
FCF 3Y Avg3,0812,9781,40011,75313,879100,5037,417
CFO LTM3,8143,6972,91913,48313,744108,5658,648
CFO 3Y Avg3,4883,6723,89613,49814,736111,5598,697

Growth & Margins

PHHPQHPEIBMCSCOAAPLMedian
NameParker H.HP Hewlett .Internat.Cisco Sy.Apple  
Rev Chg LTM0.2%3.2%13.8%4.5%8.9%6.0%5.2%
Rev Chg 3Y Avg7.4%-3.9%6.5%2.6%3.7%1.8%3.2%
Rev Chg Q3.7%4.2%14.4%9.1%7.5%9.6%8.3%
QoQ Delta Rev Chg LTM0.9%1.1%3.7%2.1%1.8%2.1%2.0%
Op Mgn LTM20.7%6.6%4.8%17.7%22.5%31.9%19.2%
Op Mgn 3Y Avg19.1%7.4%7.2%16.4%24.2%30.8%17.7%
QoQ Delta Op Mgn LTM0.2%-0.2%-1.4%0.6%0.4%0.1%0.1%
CFO/Rev LTM19.0%6.7%8.5%20.6%23.8%26.6%19.8%
CFO/Rev 3Y Avg17.5%6.8%12.7%21.4%26.1%28.4%19.5%
FCF/Rev LTM16.9%5.1%1.8%18.1%22.1%23.5%17.5%
FCF/Rev 3Y Avg15.5%5.5%4.6%18.6%24.6%25.6%17.1%

Valuation

PHHPQHPEIBMCSCOAAPLMedian
NameParker H.HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Cap112.321.932.6284.9309.24,074.4198.6
P/S5.60.41.04.45.410.04.9
P/EBIT24.16.819.925.122.531.323.3
P/E30.98.6572.736.029.941.033.4
P/CFO29.55.911.221.122.537.521.8
Total Yield4.0%14.1%2.3%5.0%5.4%2.8%4.5%
Dividend Yield0.8%2.5%2.1%2.2%2.1%0.4%2.1%
FCF Yield 3Y Avg4.3%10.6%5.5%6.4%6.0%3.1%5.7%
D/E0.10.50.70.20.10.00.2
Net D/E0.10.30.60.20.00.00.1

Returns

PHHPQHPEIBMCSCOAAPLMedian
NameParker H.HP Hewlett .Internat.Cisco Sy.Apple  
1M Rtn3.1%-1.8%14.4%0.6%2.7%-1.5%1.7%
3M Rtn18.6%-11.9%2.7%7.9%17.0%7.1%7.5%
6M Rtn27.3%-4.0%34.5%6.6%15.2%36.3%21.3%
12M Rtn37.7%-27.3%14.2%39.2%33.7%6.0%23.9%
3Y Rtn214.8%-3.8%67.7%139.0%79.5%113.4%96.5%
1M Excs Rtn1.8%-5.6%12.9%-2.2%-0.0%-3.7%-1.1%
3M Excs Rtn14.2%-16.2%-1.7%3.6%12.7%2.8%3.2%
6M Excs Rtn15.1%-16.3%22.3%-5.7%3.0%24.0%9.0%
12M Excs Rtn22.9%-42.9%-0.7%25.0%19.9%-8.4%9.6%
3Y Excs Rtn140.0%-83.5%-11.2%59.6%-1.2%28.4%13.6%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Diversified Industrial14,45814,70613,34211,96010,961
Aerospace Systems5,4724,3602,5202,3872,735
Total19,93019,06515,86214,34813,696


Operating Income by Segment
$ Mil20252024202320222021
Diversified Industrial3,1763,0712,6932,2351,661
Aerospace Systems1,111562501403477
Total4,2873,6343,1952,6382,138


Assets by Segment
$ Mil20252024202320222021
Diversified Industrial16,17415,57315,83916,51915,974
Aerospace Systems12,01613,6613,0213,0773,252
Corporate1,1087317,085745663
Total29,29829,96425,94420,34119,888


Price Behavior

Price Behavior
Market Price$888.08 
Market Cap ($ Bil)112.3 
First Trading Date07/01/1985 
Distance from 52W High-1.2% 
   50 Days200 Days
DMA Price$829.89$718.50
DMA Trendupup
Distance from DMA7.0%23.6%
 3M1YR
Volatility24.8%31.8%
Downside Capture63.93115.84
Upside Capture132.87130.85
Correlation (SPY)36.4%79.7%
PH Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta0.080.580.650.891.291.28
Up Beta-0.080.290.380.941.231.38
Down Beta-0.400.620.280.771.481.33
Up Capture116%113%116%114%143%224%
Bmk +ve Days12253873141426
Stock +ve Days9233572132408
Down Capture-36%31%71%75%110%102%
Bmk -ve Days7162452107323
Stock -ve Days10182753116342

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 Comparison of PH With Other Asset Classes (Last 1Y)
 PHSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return38.6%19.3%17.8%72.1%8.6%4.4%-8.3%
Annualized Volatility31.6%18.8%19.4%19.3%15.2%17.0%35.0%
Sharpe Ratio1.050.800.722.700.340.09-0.08
Correlation With Other Assets 83.9%79.6%-3.1%30.4%57.2%33.6%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
 Comparison of PH With Other Asset Classes (Last 5Y)
 PHSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return28.4%13.8%14.7%18.7%11.5%4.6%30.8%
Annualized Volatility28.6%17.2%17.1%15.5%18.7%18.9%48.7%
Sharpe Ratio0.900.650.700.970.500.160.57
Correlation With Other Assets 82.6%71.1%4.6%21.8%52.5%28.7%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
 Comparison of PH With Other Asset Classes (Last 10Y)
 PHSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return27.1%13.5%14.8%15.3%7.0%5.3%69.2%
Annualized Volatility31.5%19.9%18.0%14.7%17.6%20.8%55.8%
Sharpe Ratio0.830.600.710.860.320.220.90
Correlation With Other Assets 85.4%75.1%-0.5%32.6%58.0%19.1%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date12152025
Short Interest: Shares Quantity1,413,221
Short Interest: % Change Since 113020255.4%
Average Daily Volume556,731
Days-to-Cover Short Interest2.54
Basic Shares Quantity126,500,000
Short % of Basic Shares1.1%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/6/20257.8%10.6%13.9%
8/7/20254.0%9.3%9.1%
5/1/20250.8%3.0%10.2%
1/30/20255.7%3.5%0.6%
10/31/20241.6%13.6%12.9%
8/8/202410.8%12.9%11.8%
5/2/2024-2.3%2.2%-1.8%
2/1/20247.7%10.7%16.1%
...
SUMMARY STATS   
# Positive171917
# Negative757
Median Positive4.0%7.1%11.0%
Median Negative-1.6%-2.2%-4.2%
Max Positive10.8%20.1%27.0%
Max Negative-5.0%-8.8%-10.9%

SEC Filings

Expand for More
Report DateFiling DateFiling
93020251107202510-Q 9/30/2025
6302025822202510-K 6/30/2025
3312025506202510-Q 3/31/2025
12312024131202510-Q 12/31/2024
93020241105202410-Q 9/30/2024
6302024822202410-K 6/30/2024
3312024503202410-Q 3/31/2024
12312023206202410-Q 12/31/2023
93020231107202310-Q 9/30/2023
6302023824202310-K 6/30/2023
3312023505202310-Q 3/31/2023
12312022207202310-Q 12/31/2022
93020221104202210-Q 9/30/2022
6302022824202210-K 6/30/2022
3312022506202210-Q 3/31/2022
12312021204202210-Q 12/31/2021