OverviewSuggest Edit

Parker-Hannifin is a diversified manufacturer of motion and control technologies and systems providing precision-engineered solutions for mobile, industrial and aerospace markets. The company operates through two segments: Diversified Industrial and Aerospace Systems. Its Diversified Industrial segment provides static and dynamic sealing devices, filters, systems, diagnostics solutions, fluid connectors, critical flow components, as well as hydraulic, pneumatic and electromechanical components. The Aerospace Systems segment offers products for use in commercial and military airframe and engine programs, including control actuation systems and components, engine systems and components, fluid conveyance systems and components, thermal management, etc.

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

Latest Updates

Employees (est.) (Jun 2019)55,610(-2%)
Job Openings539
Revenue (FY, 2019)$14.3 B
Share Price (Nov 2019)$197.5

Key People/Management at Parker-Hannifin

Thomas L. Williams

Thomas L. Williams

Chairman and Chief Executive Officer
Robin J. Davenport

Robin J. Davenport

Investor Relations / Vice President – Corporate Finance
Lee C. Banks

Lee C. Banks

President and Chief Operating Officer
Catherine A. Suever

Catherine A. Suever

Executive Vice President - Finance & Administration and Chief Financial Officer
Joachim Guhe

Joachim Guhe

President – Europe, Middle East and Africa Group
Mark J. Hart

Mark J. Hart

Executive Vice President - Human Resources and External Affairs
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Parker-Hannifin Office Locations

Parker-Hannifin has offices in Cleveland, Akron, Albion, Alliance and in 417 other locations
Cleveland, US (HQ)
6035 Parkland Blvd
Akron, US
1000 Home Ave
Albion, US
903 N Orange St
Alliance, US
2490 Co Rd 58
Anaheim, US
3191 E La Palma Ave
Avon, US
1160 Center Rd
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Parker-Hannifin Financials and Metrics

Parker-Hannifin Revenue

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Parker-Hannifin's revenue was reported to be $14.32 b in FY, 2019 which is a 0.1% increase from the previous period.
USD

Revenue (FY, 2019)

14.3b

Revenue growth (FY, 2018 - FY, 2019), %

0.1%

Gross profit (FY, 2019)

3.6b

Gross profit margin (FY, 2019), %

25.3%

Net income (FY, 2019)

1.5b

Market capitalization (12-Nov-2019)

25.4b

Closing stock price (12-Nov-2019)

197.5

Cash (30-Jun-2019)

3.2b

EV

29.3b
Parker-Hannifin's current market capitalization is $25.4 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

11.4b12.0b14.3b14.3b

Revenue growth, %

(11%)6%19%0%

Cost of goods sold

8.8b9.2b10.8b10.7b

Gross profit

2.5b2.8b3.5b3.6b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

2.7b2.7b3.1b3.4b3.4b3.7b3.5b3.5b3.7b

Cost of goods sold

2.1b2.0b2.4b2.5b2.6b2.8b2.6b2.6b2.8b

Gross profit

637.1m626.3m735.3m831.8m801.6m924.6m884.5m869.7m920.8m

Gross profit Margin, %

23%23%24%25%24%25%25%25%25%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.2b884.9m822.1m3.2b

Accounts Receivable

1.6b1.9b2.1b2.1b

Prepaid Expenses

104.4m120.3m134.9m182.5m

Inventories

1.2b1.5b1.6b1.7b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

1.4b1.5b819.6m874.8m1.0b1.1b952.1m1.0b1.1b

Accounts Receivable

1.5b1.4b1.9b1.9b1.9b2.1b2.1b1.9b2.1b

Prepaid Expenses

144.4m133.6m119.0m134.4m202.8m165.1m165.2m188.9m178.4m

Inventories

1.2b1.2b1.5b1.7b1.8b1.7b1.8b1.8b1.8b
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

807.2m983.8m1.1b1.5b

Depreciation and Amortization

306.8m355.2m466.1m436.2m

Inventories

120.2m(73.7m)(92.2m)(51.8m)

Accounts Payable

(52.4m)174.8m125.9m(12.4m)
USDY, 2019

EV/CFO

16.9 x

EV/FCF

19.1 x

Revenue/Employee

257.5k

Debt/Equity

1.2 x

Debt/Assets

0.4 x

Financial Leverage

2.9 x
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Parker-Hannifin Operating Metrics

Parker-Hannifin's Backlog was reported to be $4.2b in FY, 2019. Parker-Hannifin's Customers was reported to be 459 k in FY, 2019.
FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019

Backlog

$3.22 b$3.79 b$4.12 b$4.09 b$4.21 b$4.24 b$4.22 b

Backlog (Diversified Industrial Segment)

$1.46 b$1.47 b$1.51 b$1.97 b$2.04 b$1.99 b$2.14 b$2.29 b$2.17 b$2.17 b$2.16 b$2.11 b$2.01 b

Backlog (Aerospace Systems Segment)

$1.76 b$1.69 b$1.66 b$1.70 b$1.75 b$1.82 b$1.82 b$1.98 b$1.95 b$1.92 b$2.05 b$2.13 b$2.21 b

Customers

444 k439 k455 k459 k
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Parker-Hannifin Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
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
PGI InternationalNovember 13, 2012
Sea RecoveryOctober 17, 2012
Velcon FiltersOctober 05, 2012
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Parker-Hannifin Revenue Breakdown

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Parker-Hannifin revenue breakdown by business segment: 17.5% from Aerospace Systems and 82.5% from Diversified Industrial

Parker-Hannifin revenue breakdown by geographic segment: 34.9% from International and 65.1% from North America

Parker-Hannifin Online and Social Media Presence

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Parker-Hannifin News and Updates

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, Robin J. Davenport and Lee C. Banks.

  • How many employees does Parker-Hannifin have?

    Parker-Hannifin has 55,610 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 $257.5 k.

  • Who are Parker-Hannifin competitors?

    Competitors of Parker-Hannifin include Emerson Electric, Donaldson and Danfoss.

  • 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, Akron, Albion, Alliance and in 417 other locations.

  • How many offices does Parker-Hannifin have?

    Parker-Hannifin has 493 offices.