Overview
Parker-Hannifin Corp
Latest 10-K: FY2026, filed Aug 21, 2026 · Open the 10-K (Inline XBRL) ↗
- Revenue
- $21.50B
- 8.3%YoYup from FY2025
- TotalRevenue
- Gross profit
- $8.10B
- 10.8%YoYup from FY2025
- GrossProfit
- Operating income
- $5.07B
- 16.6%YoYup from FY2025
- OperatingIncome
- Net income
- $3.65B
- 3.3%YoYup from FY2025
- NetIncome
- Diluted EPS
- $28.48
- 5.0%YoYup from FY2025
- EPSDiluted
- Diluted shares
- 128.1M
- 1.6%YoYdown from FY2025
- WeightedAvgSharesDiluted
At a glance
Growth
- Parker-Hannifin Corp reported revenue of $21.50B for fiscal 2026, up 8.3% from fiscal 2025.
- Revenue grew faster than the median S&P 500 member in 3 of the last 4 fiscal years.
Profitability
- Operating margin was 23.6% and net margin was 17.0%.
Per share
- Diluted EPS was $28.48, up 5.0% from the prior year.
Written from the filed figures on this page by fixed rules — no AI.
Data as of Oct 31, 2026 · Sources: SEC EDGAR 10-K
Financial statements
Annual figures from the 10-K, most recent fiscal year first.
Income Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $21.50B8.3%up | $19.85B0.4%down Benchmark median 6.4% | $19.93B4.5%up Benchmark median 4.5% | $19.07B20.2%up Benchmark median 4.8% | $15.86B10.6%up Benchmark median 10.3% | 7.9% |
| Gross Profit Median of 315 / 498 | $8.10B10.8%up | $7.32B2.6%up Benchmark median 6.8% | $7.13B10.9%up Benchmark median 5.5% | $6.43B21.0%up Benchmark median 5.2% | $5.31B12.0%up Benchmark median 8.3% | 11.1% |
| Operating Income Median of 373 / 498 | $5.07B16.6%up | $4.35B6.8%up Benchmark median 7.3% | $4.07B19.5%up Benchmark median 7.4% | $3.40B14.4%up Benchmark median 4.9% | $2.98B20.9%up Benchmark median 7.5% | 14.2% |
| Net Income | $3.65B§3.3%up | $3.53B§24.1%up Benchmark median 4.8% | $2.84B36.5%up Benchmark median 5.7% | $2.08B58.3%up Benchmark median 1.9% | $1.32B24.7%down Benchmark median 1.3% | 29.0% |
| EPS (Diluted) | $28.485.0%up | $27.1224.2%up Benchmark median 6.2% | $21.8436.2%up Benchmark median 7.9% | $16.0459.0%up Benchmark median 1.9% | $10.0924.4%down Benchmark median 1.5% | 29.6% |
§ Net income available to common stockholders; the company files no net-income line.
Balance Sheet
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Total Assets | $30.88B4.7%up | $29.49B0.7%up Benchmark median 5.6% | $29.30B2.2%down Benchmark median 3.4% | $29.96B15.5%up Benchmark median 4.1% | $25.94B27.5%up Benchmark median 2.2% | 4.4% |
| Total Liabilities Median of 357 / 498 | $15.46B2.1%down | $15.80B8.2%down Benchmark median 6.4% | $17.22B12.3%down Benchmark median 1.9% | $19.63B14.9%up Benchmark median 2.9% | $17.08B43.2%up Benchmark median 2.0% | -2.5% |
| Stockholders' Equity | $15.41B12.6%up | $13.69B13.3%up Benchmark median 6.8% | $12.08B16.9%up Benchmark median 5.4% | $10.34B16.7%up Benchmark median 7.3% | $8.86B5.3%up Benchmark median 2.5% | 14.8% |
| Cash & Equivalents | $501.00M7.3%up | $467.00M10.7%up Benchmark median 5.2% | $422.00M11.2%down Benchmark median 1.9% | $475.18M11.3%down Benchmark median 6.7% | $535.80M26.9%down Benchmark median -8.6% | -1.7% |
| Total Debt | $9.52B14.1%down | $11.09B12.4%down Benchmark median 2.1% | $12.66B11.8%down Benchmark median 0.2% | $14.36B11.5%up Benchmark median 0.3% | $12.88B95.6%up Benchmark median 0.1% | -7.3% |
Cash Flow Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.36B15.6%up | $3.78B11.6%up Benchmark median 6.3% | $3.38B13.6%up Benchmark median 4.8% | $2.98B22.0%up Benchmark median 9.9% | $2.44B5.2%down Benchmark median -0.7% | 15.6% |
| Capital Expenditures | $459.00M5.5%up | $435.00M8.7%up Benchmark median 5.4% | $400.00M5.0%up Benchmark median 2.8% | $381.00M65.6%up Benchmark median 11.3% | $230.04M9.6%up Benchmark median 14.0% | 18.9% |
| Free Cash Flow Median of 378 / 498 | $3.90B16.9%up | $3.34B12.0%up Benchmark median 7.3% | $2.98B14.8%up Benchmark median 6.1% | $2.60B17.5%up Benchmark median 8.8% | $2.21B6.5%down Benchmark median -11.3% | 15.3% |
n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.
Benchmark median = median of the companies in the benchmark universe on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-27. This compares reported figures, not share-price returns. Methodology
Ratios & valuation
FY2026Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.
Valuation · Earnings yield
What a dollar of market value earned
2.9%
Wall Street
on net earnings
FY2025 3.9%
3.1%
Value investor
on free cash flow
FY2025 3.7%
Gap +0.2 pts: Value-investor figure 0.2 points higher
How it’s calculated
Wall Street · on net earnings
Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)
pe_ratio (ratio table)
P/E 34.3×Value investor · on free cash flow
(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)
free cash flow ÷ market cap
Valuation · Enterprise yield
What a dollar of enterprise value earned
4.3%
Wall Street
on EBITDA
FY2025 5.0%
3.8%
Value investor
on EBIT
FY2025 4.4%
Gap −0.5 pts: Value-investor figure 0.5 points lower
How it’s calculated
Wall Street · on EBITDA
EBITDA ÷ enterprise value (1 ÷ EV/EBITDA)
ev_ebitda (ratio table)
EV/EBITDA 23.4×Value investor · on EBIT
Operating income (EBIT) ÷ enterprise value: depreciation counts as a real cost
operating income ÷ (ev_ebitda × ebitda)
Valuation · Book yield
Net assets behind a dollar of market value
12.3%
Wall Street
on book equity
FY2025 15.1%
n/m
Value investor
on tangible book
FY2025 n/m
How it’s calculated
Wall Street · on book equity
Book value of equity ÷ market capitalisation (1 ÷ P/B)
pb_ratio (ratio table)
P/B 8.1×Value investor · on tangible book
Tangible book value (equity less goodwill and intangibles) ÷ market capitalisation
tangible_book_value_per_share ÷ (pb_ratio × book_value_per_share)
Quality · Return on capital
Profit earned on the money in the business
25.1%
Wall Street
ROE: net income ÷ equity
FY2025 27.4%
15.0%
Value investor
ROIC: after-tax operating profit ÷ invested capital
FY2025 13.9%
Gap −10.1 pts: Value-investor figure 10.1 points lower
How it’s calculated
Wall Street · ROE: net income ÷ equity
Net income ÷ average stockholders' equity (start and end of year), including noncontrolling interests. Buybacks shrink equity and lift it.
return_on_equity (ratio table)
Value investor · ROIC: after-tax operating profit ÷ invested capital
Operating profit after tax ÷ invested capital (total assets − cash − non-interest-bearing current liabilities), so leverage cannot flatter it
roic (ratio table)
Quality · Cash margin
Cash profit kept from each dollar of sales
26.3%
Wall Street
EBITDA margin
FY2025 24.7%
18.2%
Value investor
Free-cash-flow margin
FY2025 16.8%
Gap −8.1 pts: Value-investor figure 8.1 points lower
How it’s calculated
Wall Street · EBITDA margin
EBITDA ÷ revenue
ebitda ÷ revenue
Value investor · Free-cash-flow margin
(Operating cash flow − capital expenditures) ÷ revenue: taxes, interest, working capital and capex all paid
free cash flow ÷ revenue
Balance sheet · Liquidity
Short-term assets per dollar of bills due within a year
1.26×
Wall Street
Current ratio
FY2025 1.19×
0.74×
Value investor
Quick ratio, inventory excluded
FY2025 0.71×
Gap −0.52×: Value-investor figure 0.52 lower
How it’s calculated
Wall Street · Current ratio
Current assets ÷ current liabilities
current_ratio (ratio table)
Value investor · Quick ratio, inventory excluded
(Current assets − inventory) ÷ current liabilities
quick_ratio (ratio table)
Balance sheet · Debt cover
How many times one year of earnings repays all debt
0.59×
Wall Street
EBITDA ÷ total debt
FY2025 0.44×
0.41×
Value investor
FCF ÷ total debt
FY2025 0.30×
Gap −0.18×: Value-investor figure 0.18 lower
How it’s calculated
Wall Street · EBITDA ÷ total debt
EBITDA ÷ total debt (short-term + long-term)
ebitda ÷ total debt
Net debt/EBITDA 1.23×Value investor · FCF ÷ total debt
Free cash flow ÷ total debt: what is actually left to repay it
free cash flow ÷ total debt
Balance sheet · Interest cover
How many times earnings pay the year's interest
14.1×
Wall Street
EBITDA ÷ interest
FY2025 12.0×
12.6×
Value investor
EBIT ÷ interest
FY2025 10.6×
Gap −1.5×: Value-investor figure 1.5 lower
How it’s calculated
Wall Street · EBITDA ÷ interest
EBITDA ÷ interest expense
ebitda_interest_coverage (ratio table)
Value investor · EBIT ÷ interest
Operating income ÷ interest expense
interest_coverage (ratio table)
Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.
Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.
Smart money
Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.
Peers, filings & research
Research Reports
No published research on PH yet.
Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on PH and publish the result to your public profile.
Cite this page
Data as of Oct 31, 2026. Canonical address: https://valuein.biz/data/PH
Valuein. (2026, October 31). Parker-Hannifin Corp (PH) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/PH
@misc{valuein_ph_2026,
author = {{Valuein}},
title = {Parker-Hannifin Corp (PH) financial statements, earnings power and smart-money summary},
year = {2026},
howpublished = {\url{https://valuein.biz/data/PH}},
note = {Data as of 2026-10-31; source: SEC EDGAR filings}
}10-K filed Aug 21, 2026 · accession 0000076334-26-000105
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point-in-time · survivorship-free · every number traceable to its SEC filing
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