Question 1

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

Accepted Answer

Parker-Hannifin (PH) P/E ratio is 32.5× as of June 5, 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 32.5× 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 86th 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	$88.85B	$3.53B	25.2×	+2.5×	Jun 30, 2025
2024	$64.44B	$2.84B	22.7×	-1.4×	Jun 30, 2024
2023	$50.10B	$2.08B	24.1×	+0.0×	Jun 30, 2023
2022	$31.62B	$1.32B	24.0×	+1.3×	Jun 30, 2022
2021	$39.68B	$1.74B	22.7×	+3.2×	Jun 30, 2021
2020	$23.55B	$1.21B	19.5×	+5.1×	Jun 30, 2020
2019	$21.85B	$1.51B	14.4×	-5.0×	Jun 30, 2019
2018	$20.68B	$1.06B	19.5×	-2.2×	Jun 30, 2018
2017	$21.30B	$983.41M	21.7×	+3.7×	Jun 30, 2017
2016	$14.52B	$806.84M	18.0×	+2.1×	Jun 30, 2016
2015	$16.13B	$1.01B	15.9×	-2.1×	Jun 30, 2015
2014	$18.73B	$1.04B	18.0×	+2.7×	Jun 30, 2014
2013	$14.48B	$948.43M	15.3×	+5.2×	Jun 30, 2013
2012	$11.57B	$1.15B	10.0×	-3.0×	Jun 30, 2012
2011	$13.68B	$1.05B	13.0×	-3.1×	Jun 30, 2011
2010	$8.94B	$554.07M	16.1×	+2.6×	Jun 30, 2010
2009	$6.89B	$508.51M	13.6×	+1.2×	Jun 30, 2009
2008	$11.73B	$949.47M	12.4×	-1.3×	Jun 30, 2008
2007	$11.36B	$830.05M	13.7×	-0.0×	Jun 30, 2007
2006	$9.23B	$673.17M	13.7×	+1.5×	Jun 30, 2006
2005	$7.36B	$604.69M	12.2×	-8.0×	Jun 30, 2005
2004	$6.96B	$345.78M	20.1×	-4.9×	Jun 30, 2004
2003	$4.91B	$196.27M	25.0×	-15.4×	Jun 30, 2003
2002	$5.26B	$130.15M	40.4×	—	Jun 30, 2002


Lennox International (LII)	20.6×
Paychex (PAYX)	20.6×
Copart (CPRT)	20.4×
Otis Worldwide (OTIS)	20.2×
Union Pacific (UNP)	19.9×
Allegion (ALLE)	19.7×
Alamo Group (ALG)	19.6×
Carlisle Companies (CSL)	18.8×
Automatic Data Processing (ADP)	18.8×
Snap-on (SNA)	18.5×
Brady (BRC)	18.5×
Canadian National Railway (CNI)	18.4×
United Rentals (URI)	18.4×
Pool (POOL)	18.1×
McGrath RentCorp (MGRC)	17.5×
A. O. Smith (AOS)	17.4×
FedEx (FDX)	16.9×
Textron (TXT)	16.6×
United Parcel Service (UPS)	15.9×
ABM Industries (ABM)	15.2×
Gartner (IT)	14.9×
AGCO (AGCO)	10.9×
Delta Air Lines (DAL)	9.7×
United Airlines Holdings (UAL)	8.2×
Versant Media Group, Inc. Class A (VSNT)	6.3×

P/E Ratio for Parker-Hannifin (PH)

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

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

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

+How is the P/E ratio calculated?

+What is the P/E ratio?

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

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

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

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

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

Parker-Hannifin (PH) Key Financials