TTM
20.9%
YoY change
+0.88pp
Trough year (2002)
5.6%
Peak year (2025)
20.5%
Latest annual
20.5%
Operating Margin history chart for Parker-Hannifin (PH) from 1986 to 2025
Latest: 20.5%
Operating Margin change chart for Parker-Hannifin (PH) from 1986 to 2025
Latest: +0.88pp
Operating Margin history table for Parker-Hannifin (PH) from 1986 to 2025
| 2025 | 20.5% | +0.88pp | ||
| 2024 | 19.6% | +2.68pp | ||
| 2023 | 16.9% | -0.85pp | ||
| 2022 | 17.7% | +1.00pp | ||
| 2021 | 16.7% | +2.24pp | ||
| 2020 | 14.5% | -0.32pp | ||
| 2019 | 14.8% | +0.75pp | ||
| 2018 | 14.1% | +2.02pp | ||
| 2017 | 12.1% | +0.63pp | ||
| 2016 | 11.4% | -0.12pp | ||
| 2015 | 11.5% | +0.28pp | ||
| 2014 | 11.3% | +0.61pp | ||
| 2013 | 10.7% | -2.13pp | ||
| 2012 | 12.8% | +0.48pp | ||
| 2011 | 12.3% | +3.13pp | ||
| 2010 | 9.2% | +0.60pp | ||
| 2009 | 8.6% | -3.34pp | ||
| 2008 | 11.9% | +0.38pp | ||
| 2007 | 11.5% | +0.88pp | ||
| 2006 | 10.7% | +0.55pp | ||
| 2005 | 10.1% | +2.17pp | ||
| 2004 | 7.9% | +2.02pp | ||
| 2003 | 5.9% | +0.30pp | ||
| 2002 | 5.6% | -3.93pp | ||
| 2001 | 9.6% | -2.07pp | ||
| 2000 | 11.6% | +0.77pp | ||
| 1999 | 10.9% | -1.01pp | ||
| 1998 | 11.9% | +0.55pp | ||
| 1997 | 11.3% | +0.03pp | ||
| 1996 | 11.3% | -0.58pp | ||
| 1995 | 11.9% | +5.43pp | ||
| 1994 | 6.4% | +0.39pp | ||
| 1993 | 6.1% | -0.98pp | ||
| 1992 | 7.0% | +0.50pp | ||
| 1991 | 6.5% | -3.36pp | ||
| 1990 | 9.9% | +0.95pp | ||
| 1989 | 8.9% | -0.01pp | ||
| 1988 | 8.9% | -0.57pp | ||
| 1987 | 9.5% | -0.70pp | ||
| 1986 | 10.2% | — |
- 202520.5%+0.88pp
- 202419.6%+2.68pp
- 202316.9%-0.85pp
- 202217.7%+1.00pp
- 202116.7%+2.24pp
- 202014.5%-0.32pp
- 201914.8%+0.75pp
- 201814.1%+2.02pp
- 201712.1%+0.63pp
- 201611.4%-0.12pp
- 201511.5%+0.28pp
- 201411.3%+0.61pp
- 201310.7%-2.13pp
- 201212.8%+0.48pp
- 201112.3%+3.13pp
- 20109.2%+0.60pp
- 20098.6%-3.34pp
- 200811.9%+0.38pp
- 200711.5%+0.88pp
- 200610.7%+0.55pp
- 200510.1%+2.17pp
- 20047.9%+2.02pp
- 20035.9%+0.30pp
- 20025.6%-3.93pp
- 20019.6%-2.07pp
- 200011.6%+0.77pp
- 199910.9%-1.01pp
- 199811.9%+0.55pp
- 199711.3%+0.03pp
- 199611.3%-0.58pp
- 199511.9%+5.43pp
- 19946.4%+0.39pp
- 19936.1%-0.98pp
- 19927.0%+0.50pp
- 19916.5%-3.36pp
- 19909.9%+0.95pp
- 19898.9%-0.01pp
- 19888.9%-0.57pp
- 19879.5%-0.70pp
- 198610.2%—
Operating Margin values are taken from Parker-Hannifin's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Parker-Hannifin (PH)
According to Parker-Hannifin's latest reported financial statements, the company's latest reported operating margin is 20.9%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Parker-Hannifin (PH) operating margin is 20.45% – expanded 0.9 percentage points year-over-year.
20.45% stands as the all-time-high annual operating margin, posted in 2025, against a low of 5.63% during 2002.
Parker-Hannifin Operating Margin by Year
Parker-Hannifin Operating Margin 2025: 20.5%
Parker-Hannifin operating margin in 2025 was 20.45%, expanded 0.9 percentage points from 2024. This figure represents the highest annual value in the available history.
Parker-Hannifin Operating Margin 2024: 19.6%
2024's operating margin for Parker-Hannifin came in at 19.58%, expanded 2.7 percentage points from 2023.
Parker-Hannifin Operating Margin 2023: 16.9%
Parker-Hannifin posted operating margin of 16.89% in 2023, contracted 0.9 percentage points from 2022.
Parker-Hannifin Operating Margin 2022: 17.7%
In 2022, Parker-Hannifin reported operating margin of 17.75%, expanded 1.0 percentage points from 2021.
Parker-Hannifin Operating Margin 2021: 16.7%
Parker-Hannifin operating margin in 2021 was 16.74%.
See more financial history for Parker-Hannifin (PH).
Sector peers by Operating Margin
Industrials peers of Parker-Hannifin (PH), ranked by their latest operating margin
| 40.1% | |
| 18.5% | |
| 18.1% | |
| 17.9% | |
| 16.6% | |
| 14.9% | |
| 10.9% | |
| -5.9% |
- 40.1%
- 18.5%
- 17.9%
- 16.6%
- 10.9%
- -5.9%
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