Parker Hannifin Financials

PH Stock  USD 699.88  6.97  0.99%   
Based on the analysis of Parker Hannifin's profitability, liquidity, and operating efficiency, Parker Hannifin may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. As of now, Parker Hannifin's Total Stockholder Equity is increasing as compared to previous years. The Parker Hannifin's current Net Debt is estimated to increase to about 10.6 B, while Other Current Liabilities is projected to decrease to under 833.9 M. Key indicators impacting Parker Hannifin's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.150.1427
Sufficiently Up
Slightly volatile
Return On Assets0.05430.0971
Way Down
Pretty Stable
Return On Equity0.120.2356
Way Down
Very volatile
Debt Equity Ratio0.460.8748
Way Down
Slightly volatile
Operating Income3.9 B3.7 B
Sufficiently Up
Slightly volatile
Current Ratio0.880.9296
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Parker Hannifin includes many different criteria found on its balance sheet. An individual investor should monitor Parker Hannifin's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Parker Hannifin.

Cash And Equivalents

840.73 Million

  
Understanding current and past Parker Hannifin Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Parker Hannifin's financial statements are interrelated, with each one affecting the others. For example, an increase in Parker Hannifin's assets may result in an increase in income on the income statement.

Parker Hannifin Earnings Geography

Parker Hannifin Stock Summary

Parker Hannifin competes with Illinois Tool, Pentair PLC, Emerson Electric, Smith AO, and Dover. Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company was founded in 1917 and is headquartered in Cleveland, Ohio. Parker-Hannifin Corp operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 55090 people.
Specialization
Industrials, Specialty Industrial Machinery
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS7010941042
CUSIP701094104
LocationOhio; U.S.A
Business Address6035 Parkland Boulevard,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.phstock.com
Phone216 896 3000
CurrencyUSD - US Dollar

Parker Hannifin Key Financial Ratios

Parker Hannifin Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets19.7B20.3B25.9B30.0B29.3B30.8B
Other Current Liab1.2B1.2B2.2B1.5B1.6B833.9M
Net Debt7.8B5.9B10.9B12.1B10.1B10.6B
Retained Earnings13.5B14.9B15.7B17.0B19.1B20.1B
Cash685.5M733.1M535.8M475.2M422.0M512.1M
Net Receivables2.1B2.5B2.9B3.1B2.9B1.5B
Inventory1.8B2.1B2.2B2.9B2.8B2.9B
Other Current Assets215.0M244.0M6.4B615.5M724.3M372.2M
Total Liab13.6B11.9B17.1B19.6B17.2B18.1B
Total Current Assets4.9B5.6B12.0B6.8B6.8B3.8B
Short Term Debt809.5M2.8M1.7B3.8B3.4B3.6B
Intangible Assets3.8B3.5B3.1B8.5B7.8B8.2B
Accounts Payable1.1B1.7B1.7B2.1B2.0B2.1B
Other Liab2.7B2.2B1.5B2.8B3.2B1.7B
Other Assets128.3M104.3M110.6M1.2B1.1B1.1B
Long Term Debt7.7B6.6B9.8B8.8B7.2B7.5B
Good Will7.9B8.1B7.7B10.6B10.5B11.0B
Treasury Stock(4.6B)(5.3B)(5.4B)(5.4B)(4.8B)(4.6B)
Net Tangible Assets(5.6B)(3.2B)(2.0B)10.3B9.3B9.8B
Long Term Debt Total7.7B6.6B9.8B8.8B10.1B5.1B

Parker Hannifin Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense308.2M250.0M255.3M573.9M506.5M531.8M
Total Revenue13.7B14.3B15.9B19.1B19.9B20.9B
Gross Profit3.4B3.9B4.5B6.4B7.1B7.5B
Operating Income1.8B2.5B1.9B1.6B3.7B3.9B
Ebit1.8B2.5B1.9B3.3B4.1B4.3B
Ebitda2.4B3.1B2.4B4.1B5.0B5.3B
Cost Of Revenue10.3B10.4B11.4B12.6B12.8B7.0B
Income Before Tax1.5B2.2B1.6B2.7B3.6B3.8B
Net Income1.2B1.7B1.3B2.1B2.8B3.0B
Income Tax Expense305.9M500.1M298.0M596.1M749.7M787.2M
Research Development293.8M259.0M191M258M298M274.6M
Minority Interest14.5M15.4M(581K)(600K)(721K)(685.0K)
Tax Provision305.9M500.1M298.0M596.1M749.7M504.2M
Net Interest Income(277.2M)(250.0M)(255.3M)(573.9M)(491.5M)(466.9M)
Interest Income31M7M179.3M573.9M15M14.3M

Parker Hannifin Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory201.2M(85.6M)(212.1M)53.1M101.4M106.5M
Change In Cash(2.5B)47.6M5.9B(6.2B)(53.2M)(50.5M)
Free Cash Flow1.8B2.4B2.2B2.6B3.0B3.1B
Depreciation537.5M595.4M571.8M818.1M927.1M973.5M
Other Non Cash Items3.4M(130.0M)24.5M163.0M(29.7M)(28.2M)
Dividends Paid453.8M475.2M569.9M704.1M782.0M821.2M
Capital Expenditures232.6M210.0M230.0M380.7M400.1M248.2M
Net Income1.2B1.7B1.3B2.1B2.8B3.0B
End Period Cash Flow685.5M733.1M6.6B475.2M422.0M739.8M
Change To Netincome130.6M(59.3M)(189.0M)(61.5M)(55.3M)(52.5M)
Change Receivables578.9M(298.5M)(179.1M)(16.7M)(19.2M)(20.1M)
Net Borrowings1.1B(1.9B)5.0B26.9M30.9M29.4M
Investments80.7M44.6M3.9M(8.2B)(298.6M)(313.5M)

Parker Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Parker Hannifin's current stock value. Our valuation model uses many indicators to compare Parker Hannifin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Parker Hannifin competition to find correlations between indicators driving Parker Hannifin's intrinsic value. More Info.
Parker Hannifin is regarded fourth in return on equity category among its peers. It also is regarded fourth in return on asset category among its peers reporting about  0.35  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Parker Hannifin is roughly  2.88 . As of now, Parker Hannifin's Return On Equity is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Parker Hannifin's earnings, one of the primary drivers of an investment's value.

Parker Hannifin's Earnings Breakdown by Geography

Parker Hannifin Systematic Risk

Parker Hannifin's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Parker Hannifin volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Parker Hannifin correlated with the market. If Beta is less than 0 Parker Hannifin generally moves in the opposite direction as compared to the market. If Parker Hannifin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Parker Hannifin is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Parker Hannifin is generally in the same direction as the market. If Beta > 1 Parker Hannifin moves generally in the same direction as, but more than the movement of the benchmark.

Parker Hannifin Thematic Clasifications

Parker Hannifin is part of several thematic ideas from Plastics to Farming. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Parker Hannifin Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Parker Hannifin's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Parker Hannifin growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.65

As of now, Parker Hannifin's Price Earnings To Growth Ratio is decreasing as compared to previous years.

Parker Hannifin November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Parker Hannifin help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Parker Hannifin. We use our internally-developed statistical techniques to arrive at the intrinsic value of Parker Hannifin based on widely used predictive technical indicators. In general, we focus on analyzing Parker Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Parker Hannifin's daily price indicators and compare them against related drivers.

Complementary Tools for Parker Stock analysis

When running Parker Hannifin's price analysis, check to measure Parker Hannifin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Parker Hannifin is operating at the current time. Most of Parker Hannifin's value examination focuses on studying past and present price action to predict the probability of Parker Hannifin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parker Hannifin's price. Additionally, you may evaluate how the addition of Parker Hannifin to your portfolios can decrease your overall portfolio volatility.
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