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 |
Recent NewsAll News
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
Jillian C. Evanko
Director
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 $13.7 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
Annual
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 375.9m | 687.8m | 1.1b | 339.0m | 543.6m | 911.0m | 321.7m | 769.2m | 1.2b |
Depreciation and Amortization | 112.5m | 222.5m | 330.8m | 109.1m | 253.3m | 390.9m | 148.4m | 298.3m | 448.8m |
Inventories | (125.0m) | (176.1m) | (132.1m) | (24.1m) | 25.7m | (8.0m) | 39.9m | (4.3m) | (51.1m) |
Accounts Payable | (24.3m) | (120.3m) | (949.0m) | (135.6m) | (178.0m) | (53.9m) | 138.9m | 193.9m | 417.2m |
| USD | FY, 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 |
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, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 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 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 | $1.7 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 | |
| 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 Environment, Social & Governance (ESG) Ratings
Parker Hannifin Online and Social Media Presence
16.66k Twitter followers
Parker Hannifin has 16.66k Twitter Followers. The number of followers has increased 0.3% month over month
Parker Hannifin's Trends
Twitter Engagement Stats for @ParkerHannifin
19.6k
Tweets
4.5k
Following
16.7k
Followers
24
Tweets last 30 days
17.1
Avg. likes per Tweet
100%
Tweets with engagement
Parker Hannifin Company Culture
Overall Culture
D+
59/100
CEO Rating
C
66/100
Compensation
C-
60/100
Diversity
C-
59/100
Parker Hannifin News and Updates
June 03, 2021
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.
May 05, 2021
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…
April 23, 2021
Parker Hannifin Bumps Up Quarterly Dividend By 17 %
Motion and control technologies provider Parker Hannifin Corp. has increased its quarterly dividend by 17%.
April 15, 2021
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
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.
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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