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, OH, US
Websiteparker.com
Employee Ratings3.6
Overall CultureD+

Latest Updates

Employees (est.) (Jun 2020)50,520(-9%)
Job Openings971
Revenue (FY, 2020)$13.7 B(-4%)
Share Price (Jul 2021)$306.7(+2%)
Cybersecurity ratingCMore

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
Jillian C. Evanko

Jillian C. Evanko

Director
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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
Show all (478)

Parker Hannifin Financials and Metrics

Parker Hannifin Revenue

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Parker Hannifin's revenue was reported to be $13.7 b in FY, 2020 which is a 4.4% decrease from the previous period.
USD

Revenue (Q3, 2021)

3.7b

Gross profit (Q3, 2021)

1.0b

Gross profit margin (Q3, 2021), %

27.5%

Net income (Q3, 2021)

471.7m

Market capitalization (23-Jul-2021)

39.1b

Closing stock price (23-Jul-2021)

306.7

Cash (31-Mar-2021)

489.6m

EV

45.4b
Parker Hannifin's current market capitalization is $39.1 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, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

3.5b3.5b3.7b3.3b3.5b3.7b3.2b3.4b3.7b

Cost of goods sold

2.6b2.6b2.8b2.5b2.7b2.8b2.4b2.5b2.7b

Gross profit

884.5m869.7m920.8m854.8m815.2m935.7m846.2m892.4m1.0b

Gross profit Margin, %

25%25%25%26%23%25%26%26%28%
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, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

952.1m1.0b1.1b3.6b948.4m697.6m742.4m564.7m489.6m

Accounts Receivable

2.1b1.9b2.1b2.0b2.0b2.2b1.9b1.8b2.1b

Inventories

1.8b1.8b1.8b1.8b2.0b2.0b1.8b1.9b1.9b

Current Assets

5.3b5.3b5.5b8.1b5.7b5.5b4.9b4.8b5.0b
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)
USDFY, 2018

EV/CFO

15.5 x

EV/FCF

18.4 x

Revenue/Employee

250.2k

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.6 x

P/E Ratio

19.9
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Parker Hannifin Operating Metrics

Parker Hannifin's Backlog was reported to be $6.2b in Q3, 2021. Parker Hannifin's Customers was reported to be 464 k in FY, 2020.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

Backlog

$4.12 b$4.09 b$4.21 b$4.24 b$4.22 b$5.02 b$5.5 b$5.54 b$5.13 b$5.06 b$5.76 b$6.19 b

Backlog (Diversified Industrial Segment)

$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$2.2 b$2.5 b$2.85 b

Backlog (Aerospace Systems Segment)

$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$3.26 b$3.34 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$1.7 b
Helac Corp.February 01, 2017
CLARCOR Inc.December 01, 2016$4.3 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 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 Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

SecurityScorecard logo

Parker Hannifin Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Parker Hannifin Online and Social Media Presence

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Parker Hannifin Company Culture

  • Overall Culture

    D+

    59/100

  • CEO Rating

    C

    66/100

  • Compensation

    C-

    60/100

  • Diversity

    C-

    59/100

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Parker Hannifin News and Updates

Parker’s High Performance Flange System gains new certification for marine applications

Parker Hannifin, the global leader in motion and control technologies, has announced that its mechanical flange system for machines and plants (with working pressures of up to 420 bar) - “HPF - Parker High Performance Flange System” - has gained DNV GL approval for marine applications.

Parker Joins Hydrogen Council to Help Accelerate Deployment of Clean Energy Solutions

Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced it has joined the Hydrogen Council, a global CEO-led initiative of leading companies with a united vision and long-term ambition: For hydrogen to foster the clean energy transition and create…

Parker Hannifin Bumps Up Quarterly Dividend By 17 %

Motion and control technologies provider Parker Hannifin Corp. has increased its quarterly dividend by 17%.

Parker Hannifin Announces $1 Million Gift to the Greater Cleveland Food Bank

- Supports transformative expansion initiative to help address food insecurity across Northeast Ohio - Supports transformative expansion initiative to help address food insecurity across Northeast Ohio

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.

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.
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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 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.