OverviewSuggest Edit
Parker Hannifin is a company specializing in motion and control technologies and systems. It operates through two 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 | C- | More |
Recent NewsAll News
- Parker Scheduled to Present at Goldman Sachs Industrials and Materials Conference on May 12 at 1:50 p.m. Eastern
- Parker Reports Fiscal 2022 Third Quarter Results
- Parker Announces Retirement of Vice President - Corporate Finance Robin J. Davenport
- 2022 IEEE-IAS/PCA Cement Industry Technical Conference - BHA
Key People/Management at Parker Hannifin
Thomas L. Williams
Chairman and Chief Executive Officer
Lee C. Banks
President and Chief Operating Officer
Mark T. Czaja
Vice President - Chief Technology and Innovation Officer
Dinu J. Parel
Vice President - Chief Digital and Information Officer
Joachim Guhe
President – Europe, Middle East and Africa Group
Candido Lima
President – Latin America Group
Parker Hannifin Office Locations
Parker Hannifin has offices in Cleveland, Airway Heights, Akron, Albion and in 399 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 CR 58
Parker Hannifin Financials and Metrics
Parker Hannifin Revenue
Parker Hannifin's revenue was reported to be $14.35 b in FY, 2021 which is a 4.8% increase from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2022) | 4.1b |
Gross profit (Q3, 2022) | 1.2b |
Gross profit margin (Q3, 2022), % | 28.3% |
Net income (Q3, 2022) | 348.1m |
Market capitalization (17-May-2022) | 35.0b |
Closing stock price (17-May-2022) | 272.5 |
Cash (31-Mar-2022) | 467.7m |
EV | 42.7b |
Parker Hannifin's current market capitalization is $35 b.
Annual
Annual
Quarterly
Annual
Quarterly
| USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2021 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 339.0m | 543.6m | 911.0m | 321.7m | 769.2m | 1.2b | 451.5m | 839.2m | 1.2b |
Depreciation and Amortization | 109.1m | 253.3m | 390.9m | 148.4m | 298.3m | 448.8m | 145.5m | 289.6m | 432.3m |
Inventories | (24.1m) | 25.7m | (8.0m) | 39.9m | (4.3m) | (51.1m) | (190.8m) | (243.3m) | (274.7m) |
Accounts Payable | (135.6m) | (178.0m) | (53.9m) | 138.9m | 193.9m | 417.2m | (20.4m) | (53.3m) | 91.5m |
| USD | FY, 2019 |
|---|---|
EV/CFO | 14.9 x |
EV/FCF | 16.7 x |
Revenue/Employee | 257.5k |
Debt/Equity | 1.2 x |
Debt/Assets | 0.4 x |
Financial Leverage | 2.9 x |
P/E Ratio | 14.8 |
Parker Hannifin Operating Metrics
Parker Hannifin's Backlog was reported to be $7.1b in Q2, 2022. Parker Hannifin's Customers was reported to be 505 k in FY, 2021.
| FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | FY, 2021 | Q1, 2022 | Q2, 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Backlog | $4.22 b | $5.02 b | $5.5 b | $5.54 b | $5.13 b | $5.06 b | $5.76 b | $6.19 b | $6.5 b | $6.78 b | $7.15 b |
Backlog (Diversified Industrial Segment) | $2.01 b | $1.88 b | $2.32 b | $2.38 b | $2.12 b | $2.2 b | $2.5 b | $2.85 b | $3.24 b | $3.58 b | $3.9 b |
Backlog (Aerospace Systems Segment) | $2.21 b | $3.14 b | $3.18 b | $3.16 b | $3.01 b | $2.86 b | $3.26 b | $3.34 b | $3.26 b | $3.2 b | $3.25 b |
Customers | 459 k | 464 k | 505 k |
Parker Hannifin Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Meggitt | August 02, 2021 | €6.3 b |
| LORD Corporation | October 29, 2019 | $3.45 b |
| EMFCO Holdings Incorporated | September 16, 2019 | $1.71 b |
| Exotic Metals | July 29, 2019 | $1.7 b |
| Helac Corp. | February 01, 2017 | |
| CLARCOR Inc. | December 01, 2016 | $4.3 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 |
Parker Hannifin Revenue Breakdown
Parker Hannifin revenue breakdown by business segment: 16.6% from Aerospace Systems and 83.4% from Diversified Industrial
Parker Hannifin revenue breakdown by geographic segment: 15.4% from Asia Pacific, 20.3% from Europe, 63.0% from North America and 1.2% from Other
Parker Hannifin Cybersecurity Score
Parker Hannifin Environment, Social & Governance (ESG) Ratings
Parker Hannifin Online and Social Media Presence
17k Twitter followers
Parker Hannifin has 17k Twitter Followers. The number of followers has increased 0.3% month over month and increased 0.9% quarter over quarter
Parker Hannifin's Trends
Twitter Engagement Stats for @ParkerHannifin
19.8k
Tweets
4.6k
Following
17k
Followers
29
Tweets last 30 days
10.7
Avg. likes per Tweet
100%
Tweets with engagement
Parker Hannifin Company Culture
Overall Culture
C-
63/100
CEO Rating
C+
68/100
Compensation
C+
65/100
Diversity
C
63/100
Parker Hannifin News and Updates
May 09, 2022
Parker Scheduled to Present at Goldman Sachs Industrials and Materials Conference on May 12 at 1:50 p.m. Eastern
Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it is scheduled to present at the Goldman Sachs Industrials and Materials Conference being held virtually on Thursday, May 12, 2022 at 1:50 p.m. Eastern time.
May 05, 2022
Parker Reports Fiscal 2022 Third Quarter Results
Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2022 third quarter ended March 31, 2022. Fiscal 2022 third quarter sales were an all-time record at $4.09 billion, an increase of 9%, compared with $3.75 billion in the…
May 03, 2022
Parker Announces Retirement of Vice President - Corporate Finance Robin J. Davenport
Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Robin J. Davenport, Vice President - Corporate Finance, will retire effective December 31, 2022, after 19 years of dedicated service to the company.
May 01, 2022
2022 IEEE-IAS/PCA Cement Industry Technical Conference - BHA
See the latest BHA dust collection filters and accessories for your baghouse at the IEEE-IAS/PCA Cement Industry Conference. We have a new product to check out!
April 28, 2022
Parker Increases Quarterly Cash Dividend
Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a regular quarterly cash dividend of $1.33 per share of common stock to shareholders of record as of May 13, 2022. The dividend is payable June 3, 2…
April 26, 2022
Parker Designs Innovative Baghouse Filter For Extreme Heat Applications
The Industrial Gas Filtration and Generation Division of Parker Hannifin Corporation, the global leader in motion and control technologies, has introduced a pleated baghouse filter for customers that collect dust in extreme heat applications. A breakthrough in filtration technology, BHA® Wicked™ Hig…
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 Mark T. Czaja.
How many employees does Parker Hannifin have?
Parker Hannifin has 54,640 employees.
What is Parker Hannifin revenue?
Latest Parker Hannifin annual revenue is $14.3 b.
What is Parker Hannifin revenue per employee?
Latest Parker Hannifin revenue per employee is $262.6 k.
Who are Parker Hannifin competitors?
Competitors of Parker Hannifin include Trelleborg Sealing Solutions, Cummins 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 399 other locations.
How many offices does Parker Hannifin have?
Parker Hannifin has 473 offices.
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