Parker-Hannifin Corporation
Rank #264HypergrowthPH · NYSE · Industrials
Parker-Hannifin Corporation (PH) — Rank #264 by gross profitability (GP/assets 0.26) · ROE 23.7% · Piotroski F-Score 7 / 9.
As-of 2026-09-15 · CIK 0000076334 · all metrics point-in-time as of the filing date.
About
Parker-Hannifin Corporation engages in the manufacture and sale of motion and control technologies and systems for aerospace and defense, in-plant and industrial equipment, transportation, off-highway, energy, and HVAC and refrigeration markets in North America, EMEA, Asia Pacific, and Latin America.
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It operates through two segments: Diversified Industrial and Aerospace Systems. The company offers various motion-control systems and components, such as active and passive vibration control, high purity sealing, coatings, high temperature sealing, cryogenic valves and fittings, HVAC/R controls and monitoring, elastomeric, fabric reinforced, metal, precision cut seals, hydrogen and natural gas filters, electric and hydraulic pumps and motors, industrial air, gas filtration, electric and hydraulic valves, miniature pumps and valves, electromagnetic interface shielding, pneumatic actuators, regulators and valves, electromechanical and hydraulic actuators, power take offs, electronics, drives and controllers, process filtration solutions, engine filtration solutions, rubber to substrate adhesives, fluid condition monitoring, sensors and diagnostics, fluid conveyance hose and tubing, structural adhesives, high pressure connectors, fittings, valves and regulators, thermal management, high purity fittings. The company also provides products for use in commercial and defense airframe and engine programs, such as avionics, electric and hydraulic braking systems, electric power, electromechanical actuators, engine exhaust systems and components, fire detection and suppression, flight control systems, fluid conveyance, fuel systems and components, fuel tank inserting systems, hydraulic pumps and motors, hydraulic valves and actuators, pneumatics, seals, sensors, and thermal management products. The company sells its products to original equipment manufacturers, distributors, direct-sales employees.
Parker-Hannifin Corporation was founded in 1917 and is headquartered in Cleveland, Ohio.
- Industry
- Specialty Industrial Machinery
- Sector
- Industrials
- State
- OH
- Filer Category
- Large accelerated filer
- Fiscal Year End
- June 30
- Website
- parker.com
Price History
Company Snapshot
P/S is the primary valuation lens — earnings are reinvested, not available for P/E.
Market Cap
$115.98B
P/E (annual)
32.3
P/S (annual)
5.4
P/B
7.5
P/OCF (annual)
26.6
Shareholder Yield
6.3%
Employees
59,850
Industry
Specialty Industrial Machinery
Exchange
NYSE
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
2/2 passTerry Smith quality gate
Passes 3/5 Terry Smith thresholds1 of 5 threshold not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
13.3%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Buyback tailwind: -5.5% — per-share value needs a total required return of 7.8% once share-count change is priced in.
vs. own 6-year median revenue growth: 1.5%
priced above its own historyCost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
8.7%
r = 10% (base)
13.3%
r = 12%
17.3%
Net debt / market cap: 6.5%
Note: current FCF margin is 2.3σ above its historical mean — implied growth may understate valuation risk if the margin reverts.
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / E
Price / diluted EPS
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
Earnings bubble check
Current margins may be above sustainable levels — a P/E based on peak earnings can overstate cheapness.
Disclosure regression check
A previously-disclosed line item is no longer reported. Worth checking the filing for why.
Revenue growth and the path to profitability (margin trend) are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.26
Primary signal (Novy-Marx).
3rd of 5 SIC 3490 peers
Return on equity
23.7%
Gross margin
37.7%
4th of 5 SIC 3490 peers
Revenue growth (YoY)
78.7%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
1.00
4th of 5 SIC 3490 peers (best = lowest)
Current ratio
1.26×
5th of 5 SIC 3490 peers
Quick ratio
0.60×
Net cash
-$7.68B
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$3.90B
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
0.07
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
0.8%
Stock-based comp intensity.
Dividend safety
Composite score
4.0 / 5
Piotroski F-Score
F-Score
7 / 9
Fundamental-strength score (0-9).