PHNYSEMiscellaneous Fabricated Metal ProductsFiscal year ends June 30
Parker-Hannifin Corp
Financials through Q4 FY2026, quarter ended Jun 30, 2026Last filing: 10-K on Aug 21, 2026
$966.26+2.92 (+0.30%)
Close on Oct 19, 2026
- Market cap
- $123.49B
- P/E (TTM)
- 33.9
- Dividend yield
- 0.77%
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
37.7%+4.6 pts over 5 years
Operating margin
23.6%+6.4 pts over 5 years
Net margin
–
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +8.3% | +4.1% | +8.4% | +6.6% | |
| Gross profit | +10.8% | +8.0% | +11.3% | +12.3% | |
| Operating income | +16.6% | +14.2% | +15.6% | +12.4% | |
| EPS, diluted | +5.0% | +21.1% | +16.4% | +17.1% | |
| Free cash flow | +16.9% | +14.5% | +10.5% | +13.9% | |
| Dividend per share | +10.6% | +10.6% | +15.1% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 20.0% | 23.9% | – | |
| Return on assets | 7.1% | 8.7% | – | |
| Current ratio | 1.41 | 1.81 | 1.26 | |
| Debt to equity | 1.01 | 0.78 | 0.49 | |
| Interest coverage | 11.0× | 9.8× | 12.6× | |
| Inventory turnover | 6.7× | 4.7× | 4.5× | |
| Capex to revenue | 1.7% | 1.5% | 2.1% | |
| Diluted shares | 136M | 131M | 128M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Parker-Hannifin generated $16.95B from operations and spent $9.87B on capital expenditure, dividends and share buybacks. 19% of that went back into the business.
Generated
$16.95B
Used
$9.87B
Capital expenditure$1.91B19%Dividends$3.85B39%Share buybacks$4.12B42%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin14.3%
×Asset turnover0.67×
×Equity multiplier2.65×
=Return on equity, FY202425.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2024 | 14.3% | 0.67× | 2.65× | 25.4% |
| FY2023 | 10.9% | 0.68× | 2.92× | 21.7% |
| FY2022 | 8.3% | 0.69× | 2.68× | 15.3% |
| FY2021 | 12.2% | 0.71× | 2.75× | 23.9% |
| FY2020 | 8.8% | 0.73× | 3.09× | 19.7% |
| FY2019 | 10.6% | 0.87× | 2.80× | 25.8% |
| FY2018 | 7.4% | 0.93× | 2.77× | 19.1% |
| FY2017 | 8.2% | 0.87× | 2.80× | 20.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
6of 6 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero$4.36B
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income$4.36B vs –
- Less leverageLong-term debt to assets fell25.4% → 21.9%
- Better liquidityCurrent ratio rose1.19 → 1.26
- No dilutionShare count did not rise130M → 128M
- Gross margin improvedGross margin up on the prior year36.85% → 37.69%
- More efficientAsset turnover rose0.68 → 0.73