OverviewSuggest Edit
Parker Hannifin is a company specializing in motion and control technologies and systems. It operates in 2 segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers engineered materials, filtration products, fluid connectors, instrumentation, and motion systems. The Aerospace Systems segment provides engine, fluid conveyance, fuel, fuel tank inerting, and hydraulic and components, as well as fluid metering, delivery, and atomization devices, wheels, brakes, power conditioning, and management systems, etc. The company serves off-road machinery, transportation, oil and gas, industrial manufacturing equipment, power generation, healthcare and life sciences, electronics and semiconductor, industrial and chemical processing as well as refrigeration markets.
| Type | Public | |
| Founded | 1917 | |
| HQ | Cleveland, OH, US | Map |
| Website | parker.com | |
| Employee Ratings | More | |
| Overall Culture | D | More |
Key People/Management at Parker Hannifin
Thomas L. Williams
Chairman and Chief Executive Officer
Lee C. Banks
President and Chief Operating Officer
Joachim Guhe
President – Europe, Middle East and Africa Group
Candido Lima
President – Latin America Group
Michael Wee
President - Asia Pacific Group
Mark J. Hart
Executive Vice President - Human Resources and External Affairs
Parker Hannifin Office Locations
Parker Hannifin has offices in Cleveland, Airway Heights, Akron, Albion and in 405 other locations
Cleveland, OH, US (HQ)
6035 Parkland Blvd
Airway Heights, WA, US
12821 W McFarlane Rd
Airway Heights, WA, US
12933 W McFarlane Rd
Akron, OH, US
1000 Home Ave
Albion, IN, US
903 N Orange St
Alliance, NE, US
2490 Co Rd 58
Parker Hannifin Financials and Metrics
Parker Hannifin Revenue
Parker Hannifin's revenue was reported to be $13.70 b in FY, 2020 which is a 4.4% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q2, 2021) | 3.4b |
Gross profit (Q2, 2021) | 892.4m |
Gross profit margin (Q2, 2021), % | 26.2% |
Net income (Q2, 2021) | 447.5m |
Market capitalization (26-Feb-2021) | 37.0b |
Closing stock price (26-Feb-2021) | 287.0 |
Cash (31-Dec-2020) | 564.7m |
EV | 43.7b |
Parker Hannifin's current market capitalization is $37 b.
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 3.4b | 3.4b | 3.7b | 3.5b | 3.5b | 3.7b | 3.3b | 3.5b | 3.7b | 3.2b | 3.4b |
Cost of goods sold | 2.5b | 2.6b | 2.8b | 2.6b | 2.6b | 2.8b | 2.5b | 2.7b | 2.8b | 2.4b | 2.5b |
Gross profit | 831.8m | 801.6m | 924.6m | 884.5m | 869.7m | 920.8m | 854.8m | 815.2m | 935.7m | 846.2m | 892.4m |
Gross profit Margin, % | 25% | 24% | 25% | 25% | 25% | 25% | 26% | 23% | 25% | 26% | 26% |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 874.8m | 1.0b | 1.1b | 952.1m | 1.0b | 1.1b | 3.6b | 948.4m | 697.6m | 742.4m | 564.7m |
Accounts Receivable | 1.9b | 1.9b | 2.1b | 2.1b | 1.9b | 2.1b | 2.0b | 2.0b | 2.2b | 1.9b | |
Prepaid Expenses | 134.4m | 202.8m | 165.1m | 191.4m | |||||||
Inventories | 1.7b | 1.8b | 1.7b | 1.8b | 1.8b | 1.8b | 1.8b | 2.0b | 2.0b | 1.8b | 1.9b |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 285.5m | 341.9m | 708.0m | 375.9m | 687.8m | 1.1b | 339.0m | 543.6m | 911.0m | 321.7m | 769.2m |
Depreciation and Amortization | 116.1m | 234.2m | 351.3m | 112.5m | 222.5m | 330.8m | 109.1m | 253.3m | 390.9m | 148.4m | 298.3m |
Inventories | (142.7m) | (207.3m) | (144.7m) | (125.0m) | (176.1m) | (132.1m) | (24.1m) | 25.7m | (8.0m) | 39.9m | (4.3m) |
Accounts Payable | (9.7m) | (92.3m) | 40.7m | (24.3m) | (120.3m) | (949.0m) | (135.6m) | (178.0m) | (53.9m) | 138.9m | 193.9m |
| USD | Q1, 2018 |
|---|---|
Debt/Equity | 1.1 x |
Debt/Assets | 0.4 x |
Financial Leverage | 2.8 x |
Parker Hannifin Operating Metrics
Parker Hannifin's Backlog was reported to be $5.1b in Q1, 2021. Parker Hannifin's Customers was reported to be 464 k in FY, 2020.
| Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Backlog | $4.12 b | $4.09 b | $4.21 b | $4.24 b | $4.22 b | $5.02 b | $5.50 b | $5.54 b | $5.13 b | $5.06 b | |||
Backlog (Diversified Industrial Segment) | $1.99 b | $2.14 b | $2.29 b | $2.17 b | $2.17 b | $2.16 b | $2.11 b | $2.01 b | $1.88 b | $2.32 b | $2.38 b | $2.12 b | $2.20 b |
Backlog (Aerospace Systems Segment) | $1.82 b | $1.82 b | $1.98 b | $1.95 b | $1.92 b | $2.05 b | $2.13 b | $2.21 b | $3.14 b | $3.18 b | $3.16 b | $3.01 b | $2.86 b |
Customers | 455 k | 459 k | 464 k |
Parker Hannifin Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| LORD Corporation | October 29, 2019 | $3.45 b |
| EMFCO Holdings Incorporated | September 16, 2019 | $1.71 b |
| Exotic Metals | July 29, 2019 | $1.70 b |
| Helac Corp. | February 01, 2017 | |
| CLARCOR Inc. | December 01, 2016 | $4.30 b |
| Phyre Technologies | July 11, 2016 | |
| Jaeger Automobil-Technik GmbH & Co KG | July 01, 2016 | |
| President Engineering Group | September 29, 2015 | |
| PpTek | October 01, 2014 | |
| SciLog | January 31, 2014 |
Parker Hannifin Revenue Breakdown
Parker Hannifin revenue breakdown by business segment: 20.0% from Aerospace Systems and 80.0% from Diversified Industrial
Parker Hannifin revenue breakdown by geographic segment: 13.1% from Asia Pacific, 19.0% from Europe, 66.9% from North America and 1.0% from Other
Parker Hannifin Cybersecurity Score
Parker Hannifin Online and Social Media Presence
16.62k Twitter followers
Parker Hannifin has 16.62k Twitter Followers. The number of followers has increased 0.5% month over month and increased 0.9% quarter over quarter
Parker Hannifin's Trends
Twitter Engagement Stats for @ParkerHannifin
19.5k
Tweets
4.5k
Following
16.6k
Followers
27
Tweets last 30 days
40.6
Avg. likes per Tweet
100%
Tweets with engagement
Parker Hannifin Company Culture
Overall Culture
D
58/100
CEO Rating
C-
63/100
Compensation
C-
59/100
Diversity
D
56/100
Parker Hannifin News and Updates
January 27, 2021
Parker Declares Quarterly Cash Dividend
Parker Hannifin Corporation (NYSE: PH) today announced that its Board of Directors has declared a regular quarterly cash dividend of 88 cents per share of common stock to shareholders of record as of February 10, 2021. The dividend is payable March 5, 2021.
January 25, 2021
Parker to Announce Fiscal 2021 Second Quarter Earnings
Parker Hannifin Corporation (NYSE: PH) today announced that it will release its fiscal 2021 second quarter earnings before the market opens on Thursday, February 4, 2021, followed by a conference call at 11:00 a.m., Eastern time.
January 07, 2021
Parker-Hannifin: Record Valuation For A Great Company
Parker-Hannifin was a company that was buyable during the crisis, and in which I bought around 0.4% of a portfolio stake.
December 30, 2020
Parker-Hannifin Corporation (PH) Rises 1.54% for December 30
Starting the day trading at $267.46, Parker-Hannifin Corporation reached an intraday high of $271.21 and hit intraday lows of $267.46. Shares gained $4.09 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 128.8 million share total float.
December 20, 2020
Parker-Hannifin Corporation – Consensus Indicates Potential 1.2% Upside
Parker-Hannifin Corporation with ticker code (PH) now have 17 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 330 and 140 with the average target price sitting at 276.71.
November 23, 2020
Merrill Lynch Stick to Their Buy Rating for Parker Hannifin
Merrill Lynch analyst Andrew Obin maintained a Buy rating on Parker Hannifin on Monday, setting a price target of $300, which is approximately 12.31% above the present share price of $267.12.
Parker Hannifin Frequently Asked Questions
When was Parker Hannifin founded?
Parker Hannifin was founded in 1917.
Who are Parker Hannifin key executives?
Parker Hannifin's key executives are Thomas L. Williams, Lee C. Banks and Joachim Guhe.
How many employees does Parker Hannifin have?
Parker Hannifin has 50,520 employees.
What is Parker Hannifin revenue?
Latest Parker Hannifin annual revenue is $13.7 b.
What is Parker Hannifin revenue per employee?
Latest Parker Hannifin revenue per employee is $271.1 k.
Who are Parker Hannifin competitors?
Competitors of Parker Hannifin include Cummins, IDEX and Smiths Group.
Where is Parker Hannifin headquarters?
Parker Hannifin headquarters is located at 6035 Parkland Blvd, Cleveland.
Where are Parker Hannifin offices?
Parker Hannifin has offices in Cleveland, Airway Heights, Akron, Albion and in 405 other locations.
How many offices does Parker Hannifin have?
Parker Hannifin has 478 offices.
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