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.
TypePublic
Founded1917
HQCleveland, US
Websiteparker.com
Employee Ratings3.4

Locations

Parker Hannifin is headquartered in
Cleveland, United States

Location Map

Latest Updates

Employees (est.) (Jun 2020)50,520(-9%)
Job Openings295
Revenue (FY, 2020)$13.7 B(-4%)
Share Price (Oct 2020)$221.6
Cybersecurity ratingDMore

Key People/Management at Parker Hannifin

Thomas L. Williams

Thomas L. Williams

Chairman and Chief Executive Officer
Lee C. Banks

Lee C. Banks

President and Chief Operating Officer
Joachim Guhe

Joachim Guhe

President – Europe, Middle East and Africa Group
Candido Lima

Candido Lima

President – Latin America Group
Michael Wee

Michael Wee

President - Asia Pacific Group
Catherine A. Suever

Catherine A. Suever

Executive Vice President - Finance & Administration and Chief Financial Officer
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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
Show all (478)

Parker Hannifin Financials and Metrics

Parker Hannifin Revenue

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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
USDFY, 2018FY, 2019FY, 2020

Revenue

14.3b14.3b13.7b

Revenue growth, %

19%0%(4%)

Cost of goods sold

10.8b10.7b10.3b

Gross profit

3.5b3.6b3.4b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

3.4b3.4b3.7b3.5b3.5b3.7b3.3b3.5b3.7b

Cost of goods sold

2.5b2.6b2.8b2.6b2.6b2.8b2.5b2.7b2.8b

Gross profit

831.8m801.6m924.6m884.5m869.7m920.8m854.8m815.2m935.7m

Gross profit Margin, %

25%24%25%25%25%25%26%23%25%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

822.1m3.2b685.5m

Accounts Receivable

2.1b2.1b1.9b

Inventories

1.6b1.7b1.8b

Current Assets

5.1b7.7b4.9b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

874.8m1.0b1.1b952.1m1.0b1.1b3.6b948.4m697.6m

Accounts Receivable

1.9b1.9b2.1b2.1b1.9b2.1b2.0b2.0b2.2b

Prepaid Expenses

134.4m202.8m165.1m

Inventories

1.7b1.8b1.7b1.8b1.8b1.8b1.8b2.0b2.0b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

1.1b1.5b1.2b

Depreciation and Amortization

466.1m436.2m537.5m

Inventories

(92.2m)(51.8m)201.2m

Accounts Payable

125.9m(12.4m)(370.8m)
USDQ1, 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
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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, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 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 k459 k464 k
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Parker Hannifin Acquisitions / Subsidiaries

Company NameDateDeal Size
LORD CorporationOctober 29, 2019$3.45 b
EMFCO Holdings IncorporatedSeptember 16, 2019$1.71 b
Exotic MetalsJuly 29, 2019$1.70 b
Helac Corp.February 01, 2017
CLARCOR Inc.December 01, 2016$4.30 b
Phyre TechnologiesJuly 11, 2016
Jaeger Automobil-Technik GmbH & Co KGJuly 01, 2016
President Engineering GroupSeptember 29, 2015
PpTekOctober 01, 2014
SciLogJanuary 31, 2014
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Parker Hannifin Cybersecurity Score

Cybersecurity ratingPremium dataset

D

64/100

SecurityScorecard logo

Parker Hannifin Revenue Breakdown

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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

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Parker Hannifin News and Updates

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%.

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.

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.

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…

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…

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.
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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.