Question 1

What is Parker-Hannifin's P/FCF ratio?

Accepted Answer

Parker-Hannifin (PH) P/FCF ratio is 33.8× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Parker-Hannifin?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Parker-Hannifin specifically, the relevant sector benchmark is the current sector median of 24.3×.

Question 5

Is Parker-Hannifin's P/FCF ratio high or low?

Accepted Answer

Parker-Hannifin's P/FCF ratio of 33.8× is above its own 5-year average of 21.8× and above the sector median of 24.3×. That places the current reading at the 93th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Parker-Hannifin's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Parker-Hannifin (PH) P/FCF ratio has ranged from a low of 6.4× in 2009 to a high of 39.2× in 2026. The 5-year average is 21.8× and the 5-year median is 20.6×.

Question 7

What was Parker-Hannifin's P/FCF ratio in 2025?

Accepted Answer

Parker-Hannifin (PH) P/FCF ratio at the end of 2025 was 26.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Parker-Hannifin's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$88.8B	$3.34B	26.6×	+5.0×	Jun 30, 2025
2024	$64.4B	$2.98B	21.6×	+2.3×	Jun 30, 2024
2023	$50.1B	$2.6B	19.3×	+5.0×	Jun 30, 2023
2022	$31.6B	$2.21B	14.3×	-2.5×	Jun 30, 2022
2021	$39.7B	$2.37B	16.8×	+4.0×	Jun 30, 2021
2020	$23.6B	$1.84B	12.8×	-1.4×	Jun 30, 2020
2019	$21.9B	$1.54B	14.2×	-1.1×	Jun 30, 2019
2018	$20.7B	$1.35B	15.3×	-4.1×	Jun 30, 2018
2017	$21.3B	$1.1B	19.4×	+5.5×	Jun 30, 2017
2016	$14.5B	$1.04B	13.9×	-0.9×	Jun 30, 2016
2015	$16.1B	$1.09B	14.8×	-1.1×	Jun 30, 2015
2014	$18.7B	$1.17B	16.0×	+0.3×	Jun 30, 2014
2013	$14.5B	$925M	15.7×	+6.8×	Jun 30, 2013
2012	$11.6B	$1.31B	8.8×	-5.4×	Jun 30, 2012
2011	$13.7B	$960M	14.3×	+6.0×	Jun 30, 2011
2010	$8.94B	$1.09B	8.2×	+0.2×	Jun 30, 2010
2009	$6.89B	$858M	8.0×	-3.3×	Jun 30, 2009
2008	$11.7B	$1.04B	11.3×	-4.5×	Jun 30, 2008
2007	$11.4B	$717M	15.8×	+3.6×	Jun 30, 2007
2006	$9.23B	$757M	12.2×	+1.4×	Jun 30, 2006
2005	$7.36B	$679M	10.8×	-2.7×	Jun 30, 2005
2004	$6.96B	$512M	13.6×	+1.3×	Jun 30, 2004
2003	$4.91B	$399M	12.3×	-0.1×	Jun 30, 2003
2002	$5.26B	$424M	12.4×	—	Jun 30, 2002


Thomson Reuters (TRI)	18.8×
PACCAR (PCAR)	18.6×
United Parcel Service (UPS)	18.5×
Gorman-Rupp (GRC)	18.5×
Alamo Group (ALG)	18.0×
Allegion (ALLE)	17.8×
Snap-on (SNA)	17.6×
United Airlines Holdings (UAL)	17.5×
Honeywell International (HON)	17.4×
Equifax (EFX)	17.0×
Norfolk Southern (NSC)	16.9×
FedEx (FDX)	15.9×
AGCO (AGCO)	15.4×
General Dynamics (GD)	15.3×
Carlisle Companies (CSL)	14.7×
Amentum Holdings (AMTM)	14.7×
Stanley Black & Decker (SWK)	14.4×
A. O. Smith (AOS)	14.2×
Huntington Ingalls Industries (HII)	14.1×
McGrath RentCorp (MGRC)	13.9×
Masco (MAS)	13.0×
Pool (POOL)	12.2×
Delta Air Lines (DAL)	10.1×
ABM Industries (ABM)	7.2×
Upwork (UPWK)	6.3×

P/FCF Ratio for Parker-Hannifin (PH) 2002-2026

P/FCF Ratio daily chart for Parker-Hannifin (PH)

Historical P/FCF Ratio for Parker-Hannifin (PH) from 2002 to 2025

About P/FCF Ratio at Parker-Hannifin (PH)

Parker-Hannifin P/FCF Ratio by Year

Parker-Hannifin P/FCF Ratio 2025: 26.6×

Parker-Hannifin P/FCF Ratio 2024: 21.6×

Parker-Hannifin P/FCF Ratio 2023: 19.3×

Parker-Hannifin P/FCF Ratio 2022: 14.3×

Parker-Hannifin P/FCF Ratio 2021: 16.8×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Parker-Hannifin (PH) Key Financials