Parker Hannifin Corp

  • Earnings Score
  • Moat Score
  • Safety Score
  • Final Score
  • Market Cap $89.54B
  • PE 31
  • Debt $10.19B
  • Cash $371.07M
  • EV $99.36B
  • FCF $3.08B

Earnings

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Sales & Net Margins

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Earnings$2.89B
EBIT$4.15B
ROE22%
ROA14%
FCF$3.08B
Equity$12.90B
Growth Stability88%
PE30.96
PEG1.76
PB6.94
P/FCF29.07
P/S4.48
Price/Cash0
Debt/Equity0.79
Debt/FCF3.31
Net Margins14%
Gross Margins36%
Op. Margins21%
Earnings CAGR14%
Sales Growth YoY1%
Sales Growth QoQ-5%
Sales CAGR6%
FCF CAGR14%
Equity CAGR10%
Earnings Stability0.8
Earnings Growth YoY7%
Earnings Growth QoQ-11%
Earnings CAGR 5Y18%
Sales CAGR 5Y10%
FCF CAGR 5Y11%
Equity CAGR 5Y16%
Earnings CAGR 3Y12%
Sales CAGR 3Y12%
FCF CAGR 3Y19%
Equity CAGR 3Y16%
Market Cap$89.54B
Revenue$19.99B
Dividend Yield1%
Payout Ratio28%
Assets$29.60B
Total Debt$10.19B
Cash$371.07M
Shares Outstanding128.62M
EV99.36B
Earnings Score93%
Moat Score95%
Safety Score89%
Final Score92%
Working Capital-304.33M
Current Ratio0.96
Gross Profit$7.18B
Shares Growth 3y0%
Equity Growth QoQ7%
Equity Growth YoY22%

Assets & ROA

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Stockholders Equity & ROE

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Parker Hannifin is an industrial conglomerate operating two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 15,500 independent distributors, and about 40% of its business occurs outside the United States.

SEC Filings

Direct access to Parker Hannifin Corp (PH) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

  • 2024
    • 10-Q Sep 30
    • 10-K Jun 30
    • 10-Q Mar 31
  • 2023
    • 10-Q Dec 31
    • 10-Q Sep 30
    • 10-K Jun 30
    • 10-Q Mar 31
  • 2022
    • 10-Q Dec 31
    • 10-Q Sep 30
    • 10-K Jun 30
    • 10-Q Mar 31

Sector Comparison

How does Parker Hannifin Corp compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Parker Hannifin Corp compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 14%
Stability 80%
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Parker Hannifin Corp Discounted Cash Flow

Fully customizable DCF calculator online for Parker Hannifin Corp.

= $84B
012345678910TV
fcf$3.1B$3.5B$4B$4.6B$5.3B$6.1B$6.9B$7.9B$9.1B$10B$12B$119B
DCF$3.2B$3.3B$3.5B$3.6B$3.8B$3.9B$4.1B$4.2B$4.4B$4.6B$46B
Value$84B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years06/201506/201606/201706/201806/201906/202006/202106/202206/202306/2024TTM
Net Margins8%7%8%7%11%9%12%8%11%14%14%
ROA-13%12%15%14%10%12%11%11%14%14%
ROE-18%19%18%25%20%21%15%20%24%22%

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years06/201506/201606/201706/201806/201906/202006/202106/202206/202306/2024TTM
Debt over FCF-3.035.823.744.634.652.795.335.593.963.31
Debt over Equity0.620.681.210.861.191.390.781.331.410.980.79
Growth Stability---100%100%100%100%88%100%100%88%

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years06/201506/201606/201706/201806/201906/202006/202106/202206/202306/2024CAGR 5Y
Revenue YoY growth--11%6%19%0%-4%5%11%20%5%10%
Earnings YoY growth--20%22%8%43%-20%45%-25%58%37%18%
Equity YoY growth--10%15%11%2%3%37%5%17%17%16%
FCF YoY growth--6%8%23%13%20%29%-6%18%15%11%