Parker-Hannifin Corporation

Parker-Hannifin Corporationverified

PH

Price:

$630.68

Market Cap:

$81.15B

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments, Diversified Industrial and Aerospace Systems. The Company's Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; control solutions for extreme corrosion resistance, temperatures, pressures, and precise fl...[Read more]

Industry

Industrial - Machinery

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

PH

The Current Ratio as of October 2024 (TTM) for Parker-Hannifin Corporation (PH) is 0.93

According to Parker-Hannifin Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.93. This represents a change of 3.68% compared to the average of 0.90 of the last 4 quarters.

Parker-Hannifin Corporation (PH) Historical Current Ratio (quarterly & annually)

How has PH Current Ratio performed in the past?

The mean historical Current Ratio of Parker-Hannifin Corporation over the last ten years is 1.72. The current 0.93 Current Ratio has changed 5.29% with respect to the historical average. Over the past ten years (40 quarters), PH's Current Ratio was at its highest in in the December 2014 quarter at 2.45. The Current Ratio was at its lowest in in the March 2024 quarter at 0.87.

Quarterly (TTM)
Annual

Average

1.72

Median

1.70

Minimum

0.88

Maximum

2.43

Parker-Hannifin Corporation (PH) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Parker-Hannifin Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 53.08%

Maximum Annual Current Ratio = 2.43

Minimum Annual Increase = -57.03%

Minimum Annual Current Ratio = 0.88

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.935.22%
20230.88-57.03%
20222.0613.35%
20211.8116.90%
20201.55-36.26%
20192.4353.08%
20181.5912.99%
20171.41-36.06%
20162.20-7.35%
20152.3827.27%

Parker-Hannifin Corporation (PH) Average Current Ratio

How has PH Current Ratio performed in the past?

The current Current Ratio of Parker-Hannifin Corporation (PH) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.29

5-year avg

1.45

10-year avg

1.72

Parker-Hannifin Corporation (PH) Current Ratio vs. Peers

How is PH’s Current Ratio compared to its peers?

Parker-Hannifin Corporation’s Current Ratio is less than Illinois Tool Works Inc. (1.30), less than Pentair plc (1.65), less than Emerson Electric Co. (1.16), less than A. O. Smith Corporation (1.70), less than Dover Corporation (1.53), less than Eaton Corporation plc (1.56), less than Graco Inc. (4.21), less than Flowserve Corporation (2.00), less than IDEX Corporation (3.41), less than Cummins Inc. (1.34), less than Rockwell Automation, Inc. (1.04),

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