Question 1

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

Accepted Answer

Parker-Hannifin (PH) P/E ratio is 35.7× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. 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/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

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

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Parker-Hannifin specifically, the relevant sector benchmark is the current sector median of 27.8×.

Question 5

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

Accepted Answer

Parker-Hannifin's P/E ratio of 35.7× is above its own 5-year average of 25.1× and above the sector median of 27.8×. That places the current reading at the 96th 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/E ratio range?

Accepted Answer

In the available daily series, Parker-Hannifin (PH) P/E ratio has ranged from a low of 7.5× in 2008 to a high of 40.4× in 2002. The 5-year average is 25.1× and the 5-year median is 24.5×.

Question 7

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

Accepted Answer

Parker-Hannifin (PH) P/E ratio at the end of 2025 was 25.2×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

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

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). 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	$3.53B	25.2×	+2.5×	Jun 30, 2025
2024	$64.4B	$2.84B	22.7×	-1.4×	Jun 30, 2024
2023	$50.1B	$2.08B	24.1×	+0.0×	Jun 30, 2023
2022	$31.6B	$1.32B	24.0×	+1.3×	Jun 30, 2022
2021	$39.7B	$1.74B	22.7×	+3.2×	Jun 30, 2021
2020	$23.6B	$1.21B	19.5×	+5.1×	Jun 30, 2020
2019	$21.9B	$1.51B	14.4×	-5.0×	Jun 30, 2019
2018	$20.7B	$1.06B	19.5×	-2.2×	Jun 30, 2018
2017	$21.3B	$983M	21.7×	+3.7×	Jun 30, 2017
2016	$14.5B	$807M	18.0×	+2.1×	Jun 30, 2016
2015	$16.1B	$1.01B	15.9×	-2.1×	Jun 30, 2015
2014	$18.7B	$1.04B	18.0×	+2.7×	Jun 30, 2014
2013	$14.5B	$948M	15.3×	+5.2×	Jun 30, 2013
2012	$11.6B	$1.15B	10.0×	-3.0×	Jun 30, 2012
2011	$13.7B	$1.05B	13.0×	-3.1×	Jun 30, 2011
2010	$8.94B	$554M	16.1×	+2.6×	Jun 30, 2010
2009	$6.89B	$509M	13.6×	+1.2×	Jun 30, 2009
2008	$11.7B	$949M	12.4×	-1.3×	Jun 30, 2008
2007	$11.4B	$830M	13.7×	-0.0×	Jun 30, 2007
2006	$9.23B	$673M	13.7×	+1.5×	Jun 30, 2006
2005	$7.36B	$605M	12.2×	-8.0×	Jun 30, 2005
2004	$6.96B	$346M	20.1×	-4.9×	Jun 30, 2004
2003	$4.91B	$196M	25.0×	-15.4×	Jun 30, 2003
2002	$5.26B	$130M	40.4×	—	Jun 30, 2002


Pentair (PNR)	21.1×
Lennox International (LII)	20.6×
Copart (CPRT)	20.4×
Union Pacific (UNP)	19.9×
Allegion (ALLE)	19.7×
Alamo Group (ALG)	19.6×
Andersons (ANDE)	19.0×
Carlisle Companies (CSL)	18.8×
Snap-on (SNA)	18.5×
Brady (BRC)	18.5×
Canadian National Railway (CNI)	18.4×
FedEx (FDX)	18.4×
Pool (POOL)	18.1×
McGrath RentCorp (MGRC)	17.5×
Honeywell International (HON)	17.5×
A. O. Smith (AOS)	17.4×
Textron (TXT)	16.6×
Northrop Grumman (NOC)	16.1×
United Parcel Service (UPS)	15.9×
Delta Air Lines (DAL)	15.5×
ABM Industries (ABM)	15.2×
Masco (MAS)	14.6×
Upwork (UPWK)	12.9×
United Airlines Holdings (UAL)	12.7×
AGCO (AGCO)	10.9×

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

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

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

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

Parker-Hannifin P/E Ratio by Year

Parker-Hannifin P/E Ratio 2025: 25.2×

Parker-Hannifin P/E Ratio 2024: 22.7×

Parker-Hannifin P/E Ratio 2023: 24.1×

Parker-Hannifin P/E Ratio 2022: 24.0×

Parker-Hannifin P/E Ratio 2021: 22.7×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Parker-Hannifin (PH) Key Financials