Parker Hannifin (PH)

Industrials · $120B market cap · SEC CIK 0000076334

Next reports on Jan 27, 2027, with analysts expecting $9.00 in earnings per share.

52-week range $806.22 to $1,100. 12% below its 52-week high and 20% above its low.

The case for PH

• Generated $3.9B of free cash flow in FY2026, 18% of revenue.
• Revenue growing 11.9% year over year.
• Return on equity of 25%.
• Pays a modest 1.4% dividend.

The case against

• Current liabilities exceed current assets (ratio 0.94).
• Long-term debt of $7.5B against $501M of cash.

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Industrials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

• Each factor except momentum is half fixed thresholds, half rank among the 79 Industrials companies.

The financials

The financials, five years deep

Pulled from Parker Hannifin's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

What Parker Hannifin says it does

Parker-Hannifin Corporation was incorporated in Ohio in 1938. As used in this Annual Report on Form 10-K, unless the context otherwise requires, the terms "Company", "Parker", "we" or "us" refer to Parker-Hannifin Corporation and its subsidiaries, and the term "year" and references to specific years refer to the applicable fiscal year. Parker is a global leader in motion and control technologies. Leveraging a unique combination of interconnected technologies, we design, manufacture, and provide aftermarket support for highly engineered solutions that create value for customers primarily in aerospace & defense, in-plant & industrial equipment, transportation, off-highway, energy, and HVAC & refrigeration markets around the world. Parker values having a decentralized operating structure that fosters deeper connections with our customers and greater engagement among our team members. To align our operations and achieve our goal of top…

Risk factors PH lists in its 10-K

• Risks arising from uncertainty in worldwide and regional economic conditions may harm our business and make it difficult to project long-term performance
• As a global business, we are exposed to economic, political and other risks in different countries in which we operate, which could materially reduce our sales, profitability or cash flows, or materially increase our liabilities
• Price and supply fluctuations of the raw materials used in our production processes and by our suppliers of component parts could negatively impact our financial results
• Our operations are subject to natural and man-made unexpected events that may increase our costs, interrupt production or our supply chain or otherwise adversely affect our business, results of operations or financial condition
• Changes in the demand for and supply of our products may adversely affect our financial results, financial condition and cash flow
• Changes in the competitive environment in which we operate may eliminate any competitive advantages that we currently have, which could adversely impact our business
• We operate in challenging markets for talent and may fail to attract, develop and retain key personnel
• We are subject to risks relating to acquisitions and joint ventures, the integration of acquired companies, and divestitures of certain product lines or categories
• Our results may be adversely affected if expanded operations from acquisitions are not effectively managed
• The Company may be subject to risks relating to organizational changes
• Increasing costs of certain employee and retiree benefits could adversely affect our liability for such benefits
• Additional liabilities relating to changes in tax rates or exposure to additional income tax liabilities could adversely impact our financial condition and cash flow
• Our indebtedness and restrictive covenants under our credit facilities could limit our operational and financial flexibility
• We carry goodwill on our balance sheet, which is subject to impairment testing and could subject us to significant non-cash charges to earnings in the future if impairment occurs
• The timing and amount of the Company’s share repurchases are subject to a number of uncertainties and may affect our common stock price
• As a provider of products to the U.S. government, we are subject to additional risks related to future government spending as well as unusual performance conditions and enhanced compliance risks
• Litigation and legal and regulatory proceedings against the Company could decrease our liquidity, impair our financial condition and adversely affect our results of operations
• Due to the nature of our business and products, we may be liable for damages based on product liability claims
• Failure to protect our intellectual property and know-how could reduce or eliminate any competitive advantage and reduce our sales and profitability, and the cost of protecting our intellectual property may be significant

Filings

Other Industrials companies