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, US | Map |
| Website | parker.com | |
| Employee Ratings | More |
Locations
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
Catherine A. Suever
Executive Vice President - Finance & Administration and Chief Financial Officer
Parker Hannifin Office Locations
Parker Hannifin has offices in Cleveland, Airway Heights, Akron, Albion and in 405 other locations
Cleveland, US (HQ)
6035 Parkland Blvd
Airway Heights, US
12821 W McFarlane Rd
Airway Heights, US
12933 W McFarlane Rd
Akron, US
1000 Home Ave
Albion, US
903 N Orange St
Alliance, 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 (FY, 2020) | 13.7b |
Revenue growth (FY, 2019 - FY, 2020), % | (4.4%) |
Gross profit (FY, 2020) | 3.4b |
Gross profit margin (FY, 2020), % | 24.9% |
Net income (FY, 2020) | 1.2b |
Market capitalization (19-Oct-2020) | 28.5b |
Closing stock price (19-Oct-2020) | 221.6 |
Cash (30-Jun-2020) | 685.5m |
EV | 36.3b |
Parker Hannifin's current market capitalization is $28.5 b.
Annual
Annual
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 285.5m | 341.9m | 708.0m | 375.9m | 687.8m | 1.1b | 339.0m | 543.6m | 911.0m |
Depreciation and Amortization | 116.1m | 234.2m | 351.3m | 112.5m | 222.5m | 330.8m | 109.1m | 253.3m | 390.9m |
Inventories | (142.7m) | (207.3m) | (144.7m) | (125.0m) | (176.1m) | (132.1m) | (24.1m) | 25.7m | (8.0m) |
Accounts Payable | (9.7m) | (92.3m) | 40.7m | (24.3m) | (120.3m) | (949.0m) | (135.6m) | (178.0m) | (53.9m) |
| USD | Q1, 2018 |
|---|---|
EV/CFO | 118.9 x |
Debt/Equity | 1.1 x |
Debt/Assets | 0.4 x |
Financial Leverage | 2.8 x |
P/E Ratio | 82.7 |
Parker Hannifin Operating Metrics
Parker Hannifin's Backlog was reported to be $5.1b in FY, 2020. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | |||
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 |
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 |
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 Cybersecurity Score
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 Online and Social Media Presence
16.42k Twitter followers
Parker Hannifin has 16.42k Twitter Followers. The number of followers has increased 0.3% month over month and increased 0.8% quarter over quarter
Parker Hannifin's Trends
Twitter Engagement Stats for @ParkerHannifin
19.4k
Tweets
4.5k
Following
16.4k
Followers
99
Tweets last 30 days
20.6
Avg. likes per Tweet
99%
Tweets with engagement
Parker Hannifin News and Updates
October 12, 2020
Parker-Hannifin Gains From Acquisitions Amid Pandemic Scare
On Oct 12, we issued an updated research report on Parker-Hannifin Corporation PH.
In the past three months, this Zacks Rank #3 (Hold) stock has returned 23.9% compared with the industry’s growth of 17.8%.
October 11, 2020
Parker-Hannifin Corporation – Consensus Indicates Potential 4.4% Upside
Parker-Hannifin Corporation found using ticker (PH) now have 18 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 265 and 140 and has a mean target at 227.44.
October 01, 2020
Parker Hannifin maintains operations at Romanian belt-drive factory
Parker Hannifin, the global leader in motion and control technologies, has worked with PH Technique SRL to help solve oil leakage problems, and reduce machine downtime to only four hours per week at Arntz Optibelt Group’s factory in Romania.
September 30, 2020
Parker Pneumatic Catalogue for Automation Studio™ is now available
Thanks to this collaboration, Famic Technologies released the Parker Pneumatic Catalogue, the first of the series of Parker Hannifin Catalogues to come. The development of the remaining Catalogues is ongoing, and their release process will start shortly. Automation Studio™ users designing applicatio…
September 16, 2020
Parker Hannifin Creates Webinar to Inform BHA Customers About the Benefits of My Filtration Online
The Industrial Gas Filtration and Generation Division of Parker Hannifin Corporation, the global leader in motion and control technologies, today announced a new webinar created to share the benefits of My Filtration Online (MFO). MFO is a personalized, online experience where Parker customers can a…
September 14, 2020
Parker Hannifin upgrades SmogHog SHM media mist collector
The Industrial Gas Filtration and Generation Division of Parker Hannifin Corp. has announced new updates to the fabric-style media collector for indoor factory processes. The newly upgraded SmogHog SHM Floor mist and smoke collector can be used as a stand-alone unit or part of a centralized system.
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 Eaton, Allied Motion Technologies and Trelleborg.
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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