Parker-Hannifin Corporation

Symbol: PH




Market price today

  • 26.0278

    P/E Ratio

  • -1.3514

    PEG Ratio

  • 72.07B

    MRK Cap

  • 0.01%

    DIV Yield

Parker-Hannifin Corporation (PH) Stock Price & Analysis

Shares Outstanding


Gross Profit Margin


Operating Profit Margin


Net Profit Margin


Return on Assets


Return on Equity


Return on Capital Employed


Company general description and statistics

Sector: Industrials
Industry: Industrial - Machinery
CEO:Ms. Jennifer A. Parmentier
Full-time employees:62730
Address:6035 Parkland Boulevard

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments, Diversified Industrial and Aerospace Systems. The Company's Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; control solutions for extreme corrosion resistance, temperatures, pressures, and precise flow; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment. This segment sells its products to original equipment manufacturers (OEMs) and distributors who serve the replacement markets in manufacturing, packaging, processing, transportation, construction, refrigeration and air conditioning, agricultural, and military machinery and equipment industries. Its Aerospace Systems segment offers products for use in commercial and military airframe and engine programs, such as control actuation systems and components, engine build-up ducting, engine exhaust nozzles and assemblies, engine systems and components, fluid conveyance systems and components, fuel systems and components, fuel tank inerting systems, hydraulic systems and components, lubrication components, pilot controls, pneumatic control components, thermal management products, and wheels and brakes, as well as fluid metering, delivery, and atomization devices. This segment markets its products directly to OEMs and end users. It markets its products through direct-sales employees, independent distributors, and sales representatives. The company was founded in 1917 and is headquartered in Cleveland, Ohio.

General Outlook

When we look at how much money they make before expenses, they keep 0.358% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is 0.189%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of 0.140%. This tells us they're good at keeping money after all costs.

Return on Investments

The company's asset efficiency, represented by a robust 0.094% return, is a testament to Parker-Hannifin Corporation's adeptness in optimizing resource deployment. Parker-Hannifin Corporation's utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of 0.253%. Furthermore, the proficiency of Parker-Hannifin Corporation in capital utilization is underscored by a remarkable 0.174% return on capital employed.

Stock Prices

Parker-Hannifin Corporation's stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $552.19, while its low point bottomed out at $540.48. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Parker-Hannifin Corporation's stock market.

Liquidity Ratios

Analyzing PH liquidity ratios reveals its financial health of the firm. The current ratio of 86.84% gauges short-term asset coverage for liabilities. The quick ratio (47.18%) assesses immediate liquidity, while the cash ratio (5.07%) indicates cash reserves.

Current Ratio86.84%
Quick Ratio47.18%
Cash Ratio5.07%

Profitability Ratios

PH profitability indicators offer a lens into its earnings landscape. A pretax profit margin of 17.70% underscores its earnings before tax deductions. The effective tax rate stands at 21.16%, revealing its tax efficiency. The net income per EBT, 78.83%, and the EBT per EBIT, 93.54%, provide insights into its earnings hierarchy. Lastly, with an EBIT per revenue ratio of 18.92%, we grasp its operational profitability.

Pretax Profit Margin17.70%
Effective Tax Rate21.16%
Net Income per EBT78.83%
EBT per EBIT93.54%
EBIT per Revenue18.92%

Operational Efficiency

Operational metrics shed light on its business agility. With an operating cycle of 0.87, it details the span from stock purchase to revenue.

Days of Sales Outstanding47
Days of Inventory Outstanding85
Operating Cycle146.74
Days of Payables Outstanding56
Cash Conversion Cycle90
Receivables Turnover5.91
Payables Turnover6.49
Inventory Turnover4.29
Fixed Asset Turnover6.91
Asset Turnover0.67

Cash Flow Ratios

Peering into the cash flow metrics reveals liquidity and operational efficiency. The operating cash flow per share, 25.93, and free cash flow per share, 22.88, depict cash generation on a per-share basis. The cash per share value, 3.23, showcases liquidity position. A payout ratio of 0.28 highlights the portion of earnings distributed as dividends. Lastly, the operating cash flow sales ratio, 0.17, offers insight into cash flow relative to sales.

Operating Cash Flow per Share25.93
Free Cash Flow per Share22.88
Cash per Share3.23
Payout Ratio0.28
Operating Cash Flow Sales Ratio0.17
Free Cash Flow to Operating Cash Flow Ratio0.88
Cash Flow Coverage Ratio0.29
Short Term Coverage Ratio0.82
Capital Expenditure Coverage Ratio8.51
Dividend Paid and Capex Coverage Ratio2.89
Dividend Payout Ratio0.01

Debt and Leverage Ratios

Diving into debt and leverage metrics unveils the company's financial structure. The debt ratio, at 38.44%, highlights its total liabilities relative to assets. With a debt-equity ratio of 0.98, we discern the balance between debt and equity financing. The long-term debt to capitalization, 38.61%, and total debt to capitalization, 49.52%, ratios shed light on its capital structure. An interest coverage of 6.90 indicates its ability to manage interest expenses.

Debt Ratio38.44%
Debt Equity Ratio0.98
Long Term Debt to Capitalization38.61%
Total Debt to Capitalization49.52%
Interest Coverage6.90
Cash Flow to Debt Ratio0.29
Company Equity Multiplier2.55

Per Share Data

Speaking about the per share data offers a perceptive view of financial distribution. The revenue per share, 148.52, provides a glimpse into top-line earnings distributed across each share. Net income per share, 16.23, reflects the portion of profit attributed to each share. The book value per share, 80.45, represents the net asset value distributed per share, while the tangible book value per share, -68.09, excludes intangible assets.

Revenue Per Share148.52
Net Income Per Share16.23
Book Value Per Share80.45
Tangible Book Value Per Share-68.09
Shareholders Equity Per Share80.45
Interest Debt Per Share102.31
Capex Per Share-2.97

Growth Ratios

Delving into growth metrics provides a snapshot of financial expansion. The revenue growth rate, 20.20%, indicates top-line expansion, while the gross profit growth, 43.69%, reveals profitability trends. EBIT growth, -13.65%, and operating income growth, -13.65%, offer insights into operational profitability progression. The net income growth, 58.33%, showcases bottom-line expansion, and the EPS growth, 58.50%, measures the growth in earnings per share.

Revenue Growth20.20%
Gross Profit Growth43.69%
EBIT Growth-13.65%
Operating Income Growth-13.65%
Net Income Growth58.33%
EPS Growth58.50%
EPS Diluted Growth58.97%
Weighted Average Shares Growth-0.13%
Weighted Average Shares Diluted Growth-0.41%
Dividends per Share Growth23.71%
Operating Cash Flow Growth22.04%
Free Cash Flow Growth17.52%
10-Year Revenue Growth per Share70.27%
5-Year Revenue Growth per Share38.12%
3-Year Revenue Growth per Share39.26%
10-Year Operating CF Growth per Share190.86%
5-Year Operating CF Growth per Share92.94%
3-Year Operating CF Growth per Share43.95%
10-Year Net Income Growth per Share155.29%
5-Year Net Income Growth per Share103.45%
3-Year Net Income Growth per Share73.36%
10-Year Shareholders Equity Growth per Share109.19%
5-Year Shareholders Equity Growth per Share82.60%
3-Year Shareholders Equity Growth per Share68.97%
10-Year Dividend per Share Growth per Share220.93%
5-Year Dividend per Share Growth per Share99.70%
3-Year Dividend per Share Growth per Share55.19%
Receivables Growth8.71%
Inventory Growth31.31%
Asset Growth15.50%
Book Value per Share Growth16.87%
Debt Growth9.40%
R&D Expense Growth35.08%
SGA Expenses Growth106.14%

Other Metrics

Venturing into other key metrics unveils diverse facets of financial performance. The enterprise value, 62,152,870,093.68, captures the company's total value, considering both debt and equity. Income quality, 1.43, assesses the reliability of reported earnings. The sales, general, and administrative to revenue ratio, 0.17, gauges operational efficiency, while the research and development to revenue, 1.35%, highlights investment in innovation. The ratio of intangibles to total assets, 63.67%, indicates the value of non-physical assets, and capex to operating cash flow, -12.78%, measures reinvestment capability.

Enterprise Value62,152,870,093.68
Income Quality1.43
Sales General and Administrative to Revenue0.17
Research and Development to Revenue1.35%
Intangibles to Total Assets63.67%
Capex to Operating Cash Flow-12.78%
Capex to Revenue-2.00%
Capex to Depreciation-46.54%
Stock-Based Compensation to Revenue0.75%
Graham Number171.38
Return on Tangible Assets19.14%
Graham Net Net-119.47
Working Capital-901,141,000
Tangible Asset Value-8,740,929,000
Net Current Asset Value-12,791,964,000
Invested Capital1
Average Receivables3,010,862,500
Average Payables1,891,429,500
Average Inventory2,561,216,000
Days Sales Outstanding60
Days Payables Outstanding59
Days of Inventory On Hand84

Valuation Ratios

Exploring the valuation ratios offers insights into perceived market value. The price to book value ratio, 6.22, and the price to book ratio, 6.22, reflect the market's valuation relative to the company's book value. The price to sales ratio, 3.63, provides a perspective on valuation in relation to sales. Ratios like price to free cash flows, 24.51, and price to operating cash flows, 21.62, gauge market valuation against cash flow metrics.

Price Book Value Ratio6.22
Price to Book Ratio6.22
Price to Sales Ratio3.63
Price Cash Flow Ratio21.62
Price Earnings to Growth Ratio-1.35
Enterprise Value Multiple13.50
Price Fair Value6.22
Price to Operating Cash Flow Ratio21.62
Price to Free Cash Flows Ratio24.51
Price to Tangible Book Ratio4.85
Enterprise Value to Sales3.26
Enterprise Value Over EBITDA15.26
EV to Operating Cash Flow20.86
Earnings Yield4.16%
Free Cash Flow Yield5.19%
Trusted project
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NumFin Founder and investing enthusiast

Frequently Asked Question

How many company shares are outstanding in 2024?

There are stock number shares outstanding of Parker-Hannifin Corporation (PH) on the NYSE in 2024.

What is P/E ratio of enterprise in 2024?

The current P/E ratio of enterprise is 26.028 in 2024.

What is the ticker symbol of Parker-Hannifin Corporation stock?

The ticker symbol of Parker-Hannifin Corporation stock is PH.

What is company IPO date?

IPO date of Parker-Hannifin Corporation is 1980-03-17.

What is company current share price?

Current share price is 560.690 USD.

What is stock market cap today?

The market cap of stock today is 72071653290.000.

What is PEG ratio in 2024?

The current -1.351 is -1.351 in 2024.

What is the number of employees in 2024?

In 2024 the company has 62730.