Stocks · Industrials · Industrial - Machinery
Parker-Hannifin Corporation PH
$972.55 +0.69% Close, Oct 2, 2026 · NYSE · Market cap $122.63B
High qualityLow risk
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +7.9%).
- The shares trade at 34.1× trailing earnings, higher than 86% of the company's own readings over the past five years.
- Revenue over the last four quarters was $21.50B, up 8.3% from a year earlier, accelerating from 6.0% a quarter earlier.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth54Neutral
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 48%
- EPS growth (TTM, YoY)Bottom 44%
- FCF growth (TTM, YoY)Top 44%
- Revenue growth, 3-year CAGRBottom 47%
- Revenue growth accelerationTop 41%
Quality80Strong
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 15%
- Gross marginTop 29%
- Operating marginTop 9%
- Cash conversion (OCF / net income)Bottom 30%
- Accruals (lower is better)Bottom 32%
- Net debt / EBITDA (lower is better)Top 41%
- Interest coverTop 22%
Value26Very weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 45%
- Free-cash-flow yieldBottom 50%
- EBITDA / enterprise valueBottom 37%
- Sales / enterprise valueBottom 13%
- P/E vs own 5-year history (lower is better)Bottom 21%
Momentum72Positive
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 34%
- 6-month returnTop 45%
- 1-year return vs S&P 500Top 32%
- Distance from 52-week highTop 18%
- Trend checklist (0–4)Top 27%
Revisions75Positive
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 42%
- Consecutive EPS beatsTop 5%
- Share of analysts rating BuyTop 39%
- Upside to consensus price targetBottom 32%
Stability81Strong
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 12%
- Maximum drawdown, 3 yearsTop 9%
- Beta vs S&P 500 (lower is better)Bottom 39%
- Net debt / EBITDA (lower is better)Top 41%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 6.0% | 8.3% | ↑ |
| EPS growth (YoY) | 4.4% | 5.1% | ↑ |
| Gross margin | 36.9% | 37.7% | ↑ |
| Operating margin | 20.7% | 21.6% | ↑ |
| FCF margin | 16.8% | 18.2% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 8.3% | 6.0% | ↑ | Top 48% |
| EPS growth (TTM, YoY) | 5.1% | 4.4% | ↑ | Bottom 44% |
| Gross margin | 37.7% | 36.9% | ↑ | Top 29% |
| Operating margin | 21.6% | 20.7% | ↑ | Top 9% |
| Net margin | 17.0% | 17.8% | ↓ | — |
| Free-cash-flow margin | 18.2% | 16.8% | ↑ | — |
| Return on invested capital | 13.9% | — | Top 15% | |
| Revenue growth, 3-year CAGR | 4.1% | — | Bottom 47% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.20×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -2.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.5%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +0.3 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.42×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 11.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.32%
- Net buyback yield (TTM)
- 1.03%
- Shareholder yield
- 2.35%
- Share count change, 1 year
- -0.9%
- Share count change, 3-year CAGR
- -0.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 21, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 14
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +7.9%
- Average 2-day reaction, last 8
- +3.3%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $1,165.44
- Target vs current price
- +19.8%
- Analysts with a rating
- 40
- Share rating Buy or Strong Buy
- 65%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | +11.6% | +7.3% | +7.3% | -4.8% | — |
| Apr 30, 2026 | +4.2% | -4.0% | -4.7% | -10.0% | +4.2% |
| Jan 29, 2026 | +6.8% | +3.5% | +5.6% | +10.8% | +6.4% |
| Nov 6, 2025 | +9.1% | +7.8% | +10.4% | +12.9% | +24.6% |
| Aug 7, 2025 | +8.3% | +4.0% | +9.3% | +8.6% | +11.1% |
| May 1, 2025 | +3.3% | +0.8% | +3.0% | +10.3% | +22.1% |
| Jan 30, 2025 | +4.8% | +5.7% | +3.5% | -1.6% | -10.2% |
| Oct 31, 2024 | +1.0% | +1.6% | +13.6% | +12.1% | +6.7% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $9.27 | $8.31 | +11.6% | $5.75B |
| Apr 30, 2026 | $8.17 | $7.84 | +4.2% | $5.49B |
| Jan 29, 2026 | $7.65 | $7.16 | +6.8% | $5.17B |
| Nov 6, 2025 | $7.22 | $6.62 | +9.1% | $5.08B |
| Aug 7, 2025 | $7.69 | $7.10 | +8.3% | $5.24B |
| May 1, 2025 | $6.94 | $6.72 | +3.3% | $4.96B |
| Jan 30, 2025 | $6.53 | $6.23 | +4.8% | $4.74B |
| Oct 31, 2024 | $6.20 | $6.14 | +1.0% | $4.90B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 34.1× | 27.8× | 86th | Top 45% |
| P/E (forward) | 27.5× | — | — | — |
| EV / EBITDA | 22.5× | — | — | Bottom 37% |
| EV / Sales | 6.09× | — | — | Bottom 13% |
| Free-cash-flow yield | 3.18% | — | — | Bottom 50% |
| Earnings yield | 2.93% | — | — | Top 45% |
P/E over the past five years
Range 21.0× – 36.1× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +28.8%
- Earnings per share growth (TTM)
- +5.1%
- Change in P/E multiple
- +26.7%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 11
- 50-day average slope (20 days)
- -0.4%
- 200-day average slope (20 days)
- +1.0%
- Distance from 50-day average
- -1.6%
- Distance from 200-day average
- +2.9%
- RSI (14)
- 52.0
- Relative volume
- 0.58×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 25.7%
- Volatility vs own 5-year history
- 42th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.19
- Correlation with S&P 500
- 0.65
- Current drawdown from 1-year high
- -9.4%
- Maximum drawdown, 3 years
- -27.1%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 12, 2021 | Jun 17, 2022 | -29.2% | 149 days | 157 days (Feb 2, 2023) |
| Nov 6, 2024 | Apr 4, 2025 | -27.1% | 101 days | 60 days (Jul 2, 2025) |
| Feb 24, 2026 | Jun 1, 2026 | -19.5% | 67 days | 46 days (Aug 6, 2026) |
| Mar 8, 2023 | Mar 17, 2023 | -15.9% | 7 days | 60 days (Jun 13, 2023) |
| Aug 7, 2026 | Sep 16, 2026 | -14.4% | 27 days | Not yet recovered |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $122.63B
- P/E (TTM)
- 34.1
- EPS, diluted (TTM)
- $28.49
- Revenue (TTM)
- $21.50B
- Dividend yield
- 0.78%
- 52-week range
- $715.37 – $1,099.94
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $15.86B | $19.07B | $19.93B | $19.85B | $21.50B |
| Gross profit | $4.39B | $6.46B | $7.16B | $7.32B | $8.10B |
| Operating income | $2.81B | $3.22B | $3.90B | $4.06B | $4.63B |
| Net income | $1.32B | $2.08B | $2.84B | $3.53B | $3.65B |
| EPS (diluted) | $10.09 | $16.04 | $21.84 | $27.12 | $28.48 |
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.90B | $4.74B | $4.96B | $5.24B | $5.08B | $5.17B | $5.49B | $5.75B |
| Net income | $698.4M | $948.5M | $960.9M | $923.2M | $808.0M | $845.0M | $904.0M | $1.09B |
| EPS (diluted) | $5.34 | $7.25 | $7.37 | $7.15 | $6.29 | $6.60 | $7.06 | $8.54 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $2.44B | $2.98B | $3.38B | $3.78B | $4.36B |
| Capital expenditure | -$230.0M | -$380.7M | -$400.1M | -$435.0M | -$459.0M |
| Free cash flow | $2.21B | $2.60B | $2.98B | $3.34B | $3.90B |
| Dividends paid | -$569.9M | -$704.1M | -$782.0M | -$861.0M | -$936.0M |
| Net share buybacks | -$460.1M | -$297.3M | -$332.1M | -$1.76B | -$1.26B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $501.0M
- Total assets
- $30.88B
- Total liabilities
- $15.46B
- Total debt
- $8.73B
- Net debt
- $8.23B
- Shareholders’ equity
- $15.40B
As of Jun 30, 2026 (filed Aug 21, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 31, 2026 | $2.00 | Sep 11, 2026 |
| May 8, 2026 | $2.00 | Jun 5, 2026 |
| Feb 6, 2026 | $1.80 | Mar 6, 2026 |
| Nov 7, 2025 | $1.80 | Dec 5, 2025 |
| Sep 2, 2025 | $1.80 | Sep 12, 2025 |
| May 9, 2025 | $1.80 | Jun 6, 2025 |
| Feb 7, 2025 | $1.63 | Mar 7, 2025 |
| Nov 8, 2024 | $1.63 | Dec 6, 2024 |
Short interest
- Shares sold short
- 1,457,682
- Days to cover
- 2.49
- Change vs previous report
- +10.1%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Oct 2, 2007
- 3-for-2
- Sep 8, 1997
- 3-for-2
- Jun 2, 1995
- 3-for-2
- Jun 9, 1986
- 3-for-2
- Sep 8, 1981
- 3-for-2