Parker-Hannifin Corporation (PH) Stock

Parker-Hannifin Corporation (PH) is a Materials stock trading at $948.86 (as of 2026-07-09), with a market capitalization of $119.64B and a trailing P/E of 34.4. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments, Diversified Industrial and Aerospace Systems. The Company's Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; control solutions for extreme corrosion resistance, temperatures, pressures, and precise flow; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment. This segment sells its products to original equipment manufacturers (OEMs) and distributors who serve the replacement markets in manufacturing, packaging, processing, transportation, construction, refrigeration and air conditioning, agricultural, and military machinery and equipment industries. Its Aerospace Systems segment offers products for use in commercial and military airframe and engine programs, such as control actuation systems and components, engine build-up ducting, engine exhaust nozzles and assemblies, engine systems and components, fluid conveyance systems and components, fuel systems and components, fuel tank inerting systems, hydraulic systems and components, lubrication components, pilot controls, pneumatic control components, thermal management products, and wheels and brakes, as well as fluid metering, delivery, and atomization devices. This segment markets its products directly to OEMs and end users. It markets its products through direct-sales employees, independent distributors, and sales representatives. The company was founded in 1917 and is headquartered in Cleveland, Ohio.

Understand Parker-Hannifin Corporation: how it makes money

Parker-Hannifin makes and sells motion and control technologies and systems (for example, sealing, filtration and diagnostics, connectors, and aerospace systems) to customers across mobile, industrial, and aerospace markets, earning revenue from those product and system sales worldwide.

The profit engine is selling motion and control products and systems across multiple end markets through two segments (Diversified Industrial, Aerospace Systems), which broadens customer demand sources for the company’s core capabilities like sealing, filtration and diagnostics, and aerospace systems.

Revenue by segment (latest quarter)
Diversified Industrial$3.5B
Aerospace Systems$1.6B

Business quality (Solid): Clear two-segment structure and product scope are provided, but the available operating KPI set is limited to sales by geography, with no deeper operating drivers (for example, backlog, utilization, or engagement) included in the facts provided.

Valuation: At 36× earnings, PH trades 49% above the Construction Materials average (24×). Note: one-time items can distort reported P/E.

Bull case

  • Broad product scope in Diversified Industrial: Diversified Industrial includes sealing, shielding, thermal products and systems, adhesives, coatings, noise vibration and harshness solutions, filters and diagnostics for contaminants, and connectors that control, transmit, and contain fluids and gases.
  • Two reportable segments across different end markets: The company operates through Diversified Industrial and Aerospace Systems, selling into mobile, industrial, and aerospace markets worldwide.

Bear case

  • End-market cyclicality risk: Because sales are tied to mobile, industrial, and aerospace markets, weaker conditions in these markets can pressure demand for the company’s products and systems.
  • Geographic sales mix uncertainty: The provided operating KPI set highlights North America versus International sales, so unfavorable changes in regional demand mix could affect consolidated performance.
Valuation — source: SEC EDGAR (first-party)
Price$948.86
Market Cap$119.64B
P/E Ratio34.4
EV / EBITDA23.2
Price / Book8.18
Price / Sales5.70
FCF Yield4.9%
DCF Value (model)$324.65
DCF Upside vs Price-65.8%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$19.85B
Net Margin17.8%
Revenue Growth (YoY)10.6%
EPS Growth (YoY)-4.3%
FCF Growth (YoY)16.8%
Financial Health — source: SEC EDGAR
Altman Z-Score6.80 (safe)
Piotroski F-Score8/9 (strong)
Valuation vs Sector & Industry
Stock P/E34.4
Sector P/E (Materials)25.9
Industry P/E (Construction Materials)22.0
vs Sector32.9%
vs Industry56.1%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($9.79B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorMaterials
IndustryConstruction Materials
CEOJennifer A. Parmentier
Employees61,120
CountryUS
IPO Date1980-03-17

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PH earnings history · PH institutional & insider holders · PH KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-09.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.