Operating Income for Parker-Hannifin (PH)
According to Parker-Hannifin's latest reported financial statements, the company's current operating income (TTM) is $4.29B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$4.29B
YoY change
+4.1%
5Y CAGR
+15.4%
Peak year (2025)
$4.06B
Cumulative operating income
$45.63B
Operating Income history chart for Parker-Hannifin (PH) from 1986 to 2025
Operating Income history table for Parker-Hannifin (PH) from 1986 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $4.06B | +4.1% | ||
| 2024 | $3.90B | +21.1% | ||
| 2023 | $3.22B | +14.4% | ||
| 2022 | $2.81B | +17.2% | ||
| 2021 | $2.40B | +20.9% | ||
| 2020 | $1.99B | -6.4% | ||
| 2019 | $2.12B | +5.5% | ||
| 2018 | $2.01B | +38.9% | ||
| 2017 | $1.45B | +11.7% | ||
| 2016 | $1.30B | -11.6% | ||
| 2015 | $1.47B | -1.4% | ||
| 2014 | $1.49B | +7.3% | ||
| 2013 | $1.39B | -17.5% | ||
| 2012 | $1.68B | +10.6% | ||
| 2011 | $1.52B | +65.6% | ||
| 2010 | $917.52M | +3.7% | ||
| 2009 | $884.49M | -38.9% | ||
| 2008 | $1.45B | +17.0% | ||
| 2007 | $1.24B | +23.6% | ||
| 2006 | $1.00B | +20.4% | ||
| 2005 | $831.31M | +47.2% | ||
| 2004 | $564.65M | +48.7% | ||
| 2003 | $379.77M | +9.7% | ||
| 2002 | $346.07M | -39.4% | ||
| 2001 | $571.49M | -8.2% | ||
| 2000 | $622.86M | +15.6% | ||
| 1999 | $538.70M | -2.0% | ||
| 1998 | $549.90M | +18.8% | ||
| 1997 | $462.90M | +14.4% | ||
| 1996 | $404.70M | +6.1% | ||
| 1995 | $381.50M | +129.8% | ||
| 1994 | $166.00M | +10.2% | ||
| 1993 | $150.70M | -9.8% | ||
| 1992 | $167.10M | +4.8% | ||
| 1991 | $159.50M | -34.3% | ||
| 1990 | $242.70M | +7.7% | ||
| 1989 | $225.40M | +11.9% | ||
| 1988 | $201.50M | +12.8% | ||
| 1987 | $178.70M | +1.1% | ||
| 1986 | $176.80M | — |
Operating Income values are taken from Parker-Hannifin's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual operating income for Parker-Hannifin (PH) came in at $4.06B – edged up 4.1% year-over-year.
Parker-Hannifin operating income compound annual growth for the 2020–2025 (5 years) window is +15.4%, sustaining 5 straight years of year-over-year growth.
The dataset's maximum operating income sits at $4.06B (2025); the minimum reading of $150.70M dates to 1993.
Among 8 Industrials peers, Parker-Hannifin (PH) ranks 8th; the peer median for operating income is $8.59B.
Parker-Hannifin Operating Income by Year
Parker-Hannifin Operating Income 2025: $4.06B
Parker-Hannifin operating income in 2025 was $4.06B, edged up 4.1% from 2024. This figure represents the highest annual value in the available history.
Parker-Hannifin Operating Income 2024: $3.90B
Parker-Hannifin operating income in 2024 was $3.90B, grew 21.1% from 2023.
Parker-Hannifin Operating Income 2023: $3.22B
Parker-Hannifin operating income in 2023 was $3.22B, grew 14.4% from 2022.
Parker-Hannifin Operating Income 2022: $2.81B
Parker-Hannifin operating income in 2022 was $2.81B, grew 17.2% from 2021.
Parker-Hannifin Operating Income 2021: $2.40B
Parker-Hannifin operating income in 2021 was $2.40B.
See more financial history for Parker-Hannifin (PH).
Sector peers — Operating Income
Companies in the same sector as Parker-Hannifin, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $11.21B | Industrials |
| Union Pacific Corporation (UNP) | $9.84B | Industrials |
| RTX Corporation (RTX) | $8.89B | Industrials |
| GE Aerospace (GE) | $8.77B | Industrials |
| Deere & Company (DE) | $8.42B | Industrials |
| Honeywell International Inc. (HON) | $6.57B | Industrials |
| Eaton Corporation plc (ETN) | $5.23B | Industrials |
| The Boeing Company (BA) | -$5.42B | Industrials |
Frequently asked questions
What is Parker-Hannifin's operating income?
- Latest reported operating income for Parker-Hannifin (PH) is $4.29B (period ending December 31, 2025).
How has Parker-Hannifin operating income changed year-over-year?
- Parker-Hannifin (PH) operating income changed +4.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Parker-Hannifin operating income?
- Parker-Hannifin (PH) operating income compound annual growth rate is +15.4% over the most recent 5 years available.
When did Parker-Hannifin operating income hit its highest annual value?
- Parker-Hannifin operating income reached its highest annual value of $4.06B in 2025.
What was Parker-Hannifin operating income in 2024?
- Parker-Hannifin (PH) operating income in 2024 was $3.90B.
What was Parker-Hannifin operating income in 2025?
- Parker-Hannifin (PH) operating income in 2025 was $4.06B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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