FirmAtlas
Company handbook · PH · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
PH · CIK 76334 · LATEST FILING: 10-K FY26 · FILED AUG 21, 2026
PARKER-HANNIFIN CORPORATION
$963.34
+1.59 (+0.17%)
Close, Oct 16, 2026 · 52-week $722–1,100
Last fiscal year
PARKER-HANNIFIN CORPORATION reported revenue of $21.5B for the year ended Jun 30, 2026 (FY26), up 8.3% from FY25. Net income was $3.6B, operating cash flow $4.4B and free cash flow $3.9B. Source: 10-K filed Aug 21, 2026.
Market cap
$123.4B
P/E
33.8
EV/EBITDA
23.9x
P/B
8.0
Div yield
0.79%
ROIC
19.1%
Revenue 1Y
8.3%/yr
EPS 1Y
5.0%/yr
Shares 1Y
−2%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOJennifer A. Parmentier
HQCleveland, OH
AuditorDeloitte & Touche LLP
Year endsJune
Revenue by segment · FY26
Diversified Industrial67%
Aerospace33%
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
22.7%
26.5%
34.4%
32.7%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY25–FY26
$6.7B deployed
Capex
$894M
13.3%
Acquisitions
$1.0B
15.1%
Dividends
$1.8B
26.7%
Buybacks
$3.0B
45.0%
Operating cash flow over the period: $8.1B. Total debt changed by −$728M. R&D of $507M is already inside operating costs.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · FY26 = year ended Jun 30, 2026 · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
Income
Revenue
19,850
21,499+8.3%
YoY
+8.3%
Operating income
4,347
5,068+16.6%
Operating margin
21.9%
23.6%+1.7 pp
EBITDA
4,701
5,421+15.3%
EBITDA margin
23.7%
25.2%+1.5 pp
Interest expense
409
401−2.0%
Interest coverage
11.49x
13.52x+2.02x
Net income
3,531
3,648+3.3%
YoY
+3.3%
Net margin
17.8%
17.0%−0.8 pp
EPS (diluted, $)
27.12
28.48+5.0%
YoY
+5.0%
Balance sheet
Total assets
29,494
30,877+4.7%
Cash & short-term investments
467
501+7.3%
Accounts receivable
2,910
3,170+8.9%
Inventory
2,839
3,166+11.5%
Net PP&E
2,937
3,020+2.8%
Other assets
20,341
21,020+3.3%
Total liabilities
15,812
15,473−2.1%
Accounts payable
2,126
2,439+14.7%
Total debt
7,494
6,766−9.7%
Other liabilities
6,192
6,268+1.2%
Shareholders’ equity
13,682
15,404+12.6%
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
3,776
4,364+15.6%
Net income
3,532
3,649+3.3%
Depreciation & amortization
354
353−0.3%
Stock-based compensation
159
179+12.6%
Working capital & other
(269)
183n/m
Cash from investing
224
(1,390)−720.5%
Capex
(435)
(459)n/m
PP&E sold
32
40+25.0%
Acquisitions
0
(1,014)n/m
Other investing
627
43−93.1%
Cash from financing
(3,977)
(2,934)n/m
Debt raised
751
23−96.9%
Debt repaid
(1,741)
(24)n/m
Dividends
(861)
(936)n/m
Buybacks
(1,766)
(1,262)n/m
Shares issued
4
—
Other financing
(364)
(735)n/m
Net change in cash
45
34−24.4%
Free cash flow (OCF − capex)
3,341
3,905+16.9%
Where the cash went
Operating cash flow
3,776
4,364+15.6%
Reinvested in the business
435
1,473+238.6%
% of operating cash flow
11.5%
33.8%
Capex
435
459+5.5%
Acquisitions
0
1,014n/m
R&D (memo, already in costs)
240
267+11.3%
Free cash flow
3,341
3,905+16.9%
YoY
+16.9%
Returned to shareholders
2,627
2,198−16.3%
% of free cash flow
78.6%
56.3%
Dividends
861
936+8.7%
Buybacks
1,766
1,262−28.5%
Change in total debt
—
(728)
Cash left over
—
(35)
FCF conversion (FCF ÷ net income)
94.6%
107.0%+12.4 pp
Owner earnings
—
3,268
Owner earnings margin
—
15.2%
Buyback yield
1.9%
1.0%−0.9 pp
Returns & ratios
ROIC (all capital)
18.1%
19.1%+1.1 pp
ROIC (operating)
57.0%
60.1%+3.2 pp
Net debt / EBITDA
1.49x
1.16x−0.34x
Debt / equity
0.55x
0.44x−0.11x
Cash conversion cycle (days)
67
66−0 d
ROE
25.8%
23.7%−2.1 pp
ROA
12.0%
11.8%−0.2 pp
ROCE
18.4%
20.5%+2.1 pp
NOPAT
3,738
4,053+8.4%
Invested capital (operating)
6,560
6,917+5.4%
Invested capital (all)
20,709
21,669+4.6%
Reinvestment rate
—
8.8%
Debtor days
54
54+0 d
Inventory days
52
54+2 d
Days payable
39
41+2 d
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
5,084
5,174
5,486
5,755
vs year-ago quarter
Operating income
1,183
1,182
1,229
1,474
Net income
808
845
904
1,091
vs year-ago quarter
Net margin
15.9%
16.3%
16.5%
19.0%
EPS (diluted, $)
6.29
6.60
7.06
8.52
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
30,677
30,511
30,679
30,877
Cash & equivalents
473
427
476
501
Total debt
7,485
7,484
6,769
6,766
Shareholders’ equity
13,777
14,311
14,609
15,404
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
782
862
984
1,736
Capex
89
94
103
173
Free cash flow
693
768
881
1,563
vs year-ago quarter