Parker-Hannifin Corporation (PH) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 5.49B | 5.17B | 5.08B | 5.24B | 4.96B | 4.74B | 4.9B | 5.19B | 5.07B | 4.82B | 4.85B | 5.1B | 5.06B | 4.67B | 4.23B | 4.19B | 4.09B | 3.82B | 3.76B | 3.96B |
| Revenue Growth % | 10.6% | 9.1% | 3.67% | 1.08% | -2.25% | -1.63% | 1.17% | 1.78% | 0.25% | 3.13% | 14.52% | 21.68% | 23.87% | 22.23% | 12.49% | 5.78% | 9.08% | 12.1% | 16.48% | 25.26% |
| Cost of Goods Sold | 3.47B | 3.24B | 3.18B | 3.29B | 3.13B | 3.01B | 3.09B | 3.32B | 3.28B | 3.09B | 3.09B | 3.26B | 3.34B | 3.23B | 2.75B | 3.02B | 2.98B | 2.79B | 2.73B | 2.82B |
| COGS % of Revenue | 63.23% | 62.68% | 62.49% | 62.66% | 63.1% | 63.5% | 63.06% | 64.06% | 64.57% | 64.15% | 63.73% | 63.93% | 65.9% | 69.17% | 65.06% | 72.03% | 72.86% | 72.9% | 72.43% | 71.27% |
| Gross Profit | 2.02B | 1.93B | 1.91B | 1.96B | 1.83B | 1.73B | 1.81B | 1.86B | 1.8B | 1.73B | 1.76B | 1.84B | 1.73B | 1.44B | 1.48B | 1.17B | 1.11B | 1.04B | 1.04B | 1.14B |
| Gross Margin % | 36.77% | 37.32% | 37.51% | 37.34% | 36.9% | 36.5% | 36.94% | 35.94% | 35.43% | 35.85% | 36.27% | 36.07% | 34.1% | 30.83% | 34.94% | 27.97% | 27.14% | 27.1% | 27.57% | 28.73% |
| Gross Profit Growth % | 10.19% | 11.56% | 5.26% | 5.04% | 1.82% | 0.15% | 3.05% | 1.39% | 4.16% | 19.92% | 18.89% | 56.92% | 55.61% | 39.06% | 42.53% | 3.02% | 6.69% | 13.74% | 24.82% | 38.2% |
| Operating Expenses | 884M | 837M | 873M | 839.43M | 784.36M | 765.81M | 838.91M | 818.35M | 792.21M | 792.96M | 862.69M | 813.94M | 857.11M | 779.38M | 809.45M | 412.73M | 410.17M | 378.77M | 392.15M | 408.87M |
| OpEx % of Revenue | 16.11% | 16.18% | 17.17% | 16.01% | 15.81% | 16.15% | 17.11% | 15.78% | 15.61% | 16.45% | 17.8% | 15.97% | 16.93% | 16.67% | 19.12% | 9.86% | 10.04% | 9.9% | 10.42% | 10.33% |
| Selling, General & Admin | 884M | 837M | 873M | 839.43M | 784.36M | 782.42M | 848.79M | 818.35M | 792.21M | 792.96M | 862.69M | 813.94M | 857.11M | 779.38M | 809.45M | 412.73M | 410.17M | 378.77M | 392.15M | 408.87M |
| SG&A % of Revenue | 16.11% | 16.18% | 17.17% | 16.01% | 15.81% | 16.5% | 17.31% | 15.78% | 15.61% | 16.45% | 17.8% | 15.97% | 16.93% | 16.67% | 19.12% | 9.86% | 10.04% | 9.9% | 10.42% | 10.33% |
| Research & Development | 0 | 0 | 0 | 298M | 0 | 0 | 0 | 298M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | 5.68% | - | - | - | 5.75% | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | -1000K | 0 | -1000K | -1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1.13B | 1.09B | 1.03B | 1.12B | 1.05B | 965.14M | 972.79M | 1.05B | 1.01B | 935.36M | 895.45M | 1.02B | 868.82M | 661.83M | 669.37M | 758.8M | 698.99M | 657.6M | 645.36M | 728.33M |
| Operating Margin % | 20.65% | 21.14% | 20.34% | 21.33% | 21.09% | 20.35% | 19.84% | 20.16% | 19.82% | 19.4% | 18.47% | 20.1% | 17.16% | 14.16% | 15.81% | 18.12% | 17.11% | 17.19% | 17.15% | 18.4% |
| Operating Income Growth % | 8.31% | 13.35% | 6.29% | 6.97% | 4.03% | 3.18% | 8.64% | 2.07% | 15.73% | 41.33% | 33.78% | 35% | 24.3% | 0.64% | 3.72% | 4.18% | 6.23% | 17.67% | 37.8% | 49.54% |
| EBITDA | 1.13B | 1.33B | 1.27B | 1.35B | 1.27B | 1.19B | 1.2B | 1.28B | 1.23B | 1.16B | 1.14B | 1.23B | 1.09B | 891.57M | 823.35M | 898.24M | 841.68M | 801.7M | 790.88M | 874.91M |
| EBITDA Margin % | 20.65% | 25.65% | 24.9% | 25.71% | 25.58% | 25.11% | 24.51% | 24.61% | 24.31% | 24.13% | 23.43% | 24.2% | 21.62% | 19.07% | 19.45% | 21.45% | 20.6% | 20.96% | 21.02% | 22.1% |
| EBITDA Growth % | -10.71% | 11.42% | 5.34% | 5.61% | 2.84% | 2.39% | 5.81% | 3.47% | 12.76% | 30.46% | 37.95% | 37.32% | 30% | 11.21% | 4.1% | 2.67% | 4.1% | 13.13% | 28.23% | 38.08% |
| D&A (Non-Cash Add-back) | 0 | 233M | 232M | 229.34M | 222.8M | 225.82M | 229.05M | 230.67M | 228.3M | 227.78M | 240.39M | 209.06M | 225.34M | 229.74M | 153.98M | 139.44M | 142.7M | 144.1M | 145.52M | 146.58M |
| EBIT | 1.13B | 1.17B | 1.14B | 1.17B | 1.09B | 1.27B | 988.28M | 1.11B | 1.04B | 997.19M | 954.9M | 1.06B | 908.37M | 663.67M | 621.14M | 189.44M | 497.26M | 551.68M | 631.1M | 718.06M |
| Net Interest Income | -99M | -106M | -96M | -96.79M | -92.56M | -98.37M | -110.09M | -112.27M | -120.73M | -127.03M | -130.47M | -150.18M | -144.99M | -140.93M | -91.79M | -71.27M | -63.27M | -60.36M | -58.35M | -58.26M |
| Interest Income | 0 | 0 | 5M | 2.37M | 3.38M | 2.43M | 3M | 7M | 3M | 2M | 4M | 7M | 7M | 6M | 26M | 0 | 0 | 1M | 1M | 2M |
| Interest Expense | 99M | 106M | 101M | 99.17M | 95.94M | 100.8M | 113.09M | 119.27M | 123.73M | 129.03M | 134.47M | 157.18M | 151.99M | 146.93M | 117.79M | 71.27M | 63.27M | 61.36M | 59.35M | 60.26M |
| Other Income/Expense | -14M | -30M | 6M | -47.4M | -51.23M | 200.72M | -97.61M | -59.65M | -85.46M | -67.19M | -75.01M | -121.19M | -112.44M | -145.09M | -166.02M | -640.63M | -265M | -167.27M | -73.62M | -70.53M |
| Pretax Income | 1.12B | 1.06B | 1.04B | 1.07B | 994.81M | 1.17B | 875.19M | 985.96M | 920.04M | 868.16M | 820.43M | 903.2M | 756.38M | 516.74M | 503.35M | 118.17M | 433.99M | 490.32M | 571.75M | 657.8M |
| Pretax Margin % | 20.4% | 20.56% | 20.46% | 20.43% | 20.06% | 24.58% | 17.85% | 19.01% | 18.13% | 18.01% | 16.93% | 17.72% | 14.94% | 11.05% | 11.89% | 2.82% | 10.62% | 12.82% | 15.19% | 16.62% |
| Income Tax | 215M | 219M | 232M | 147.51M | 33.63M | 217.21M | 176.66M | 200.89M | 193.31M | 186.11M | 169.36M | 194.12M | 165.42M | 121.28M | 115.31M | -10.74M | 85.9M | 102.59M | 120.28M | 151.88M |
| Effective Tax Rate % | 19.21% | 20.58% | 22.31% | 13.77% | 3.38% | 18.63% | 20.19% | 20.37% | 21.01% | 21.44% | 20.64% | 21.49% | 21.87% | 23.47% | 22.91% | -9.09% | 19.79% | 20.92% | 21.04% | 23.09% |
| Net Income | 904M | 845M | 808M | 923.17M | 960.87M | 948.54M | 698.42M | 784.96M | 726.57M | 681.85M | 650.83M | 708.96M | 590.89M | 395.24M | 387.85M | 128.83M | 348.02M | 387.6M | 451.16M | 504.79M |
| Net Margin % | 16.48% | 16.33% | 15.89% | 17.61% | 19.37% | 20% | 14.24% | 15.13% | 14.32% | 14.14% | 13.43% | 13.91% | 11.67% | 8.45% | 9.16% | 3.08% | 8.52% | 10.13% | 11.99% | 12.75% |
| Net Income Growth % | -5.92% | -10.92% | 15.69% | 17.61% | 32.25% | 39.11% | 7.31% | 10.72% | 22.96% | 72.52% | 67.8% | 450.3% | 69.79% | 1.97% | -14.03% | -74.48% | -26.21% | -13.35% | 40.8% | 70.7% |
| Net Income (Continuing) | 904M | 845M | 808M | 923.64M | 961.19M | 948.65M | 698.53M | 785.07M | 726.73M | 682.06M | 651.07M | 709.08M | 590.96M | 395.46M | 388.04M | 128.91M | 348.09M | 387.73M | 451.46M | 505.91M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 8M | 9M | 9M | 9M | 8.85M | 8.51M | 9.45M | 8.92M | 9.57M | 9.8M | 9.57M | 11.39M | 11.87M | 12.1M | 10.88M | 11.91M | 12.99M | 13.2M | 15.06M | 15.36M |
| EPS (Diluted) | 7.06 | 6.60 | 6.29 | 7.15 | 7.37 | 7.25 | 5.34 | 6.01 | 5.56 | 5.23 | 4.99 | 5.44 | 4.54 | 3.04 | 2.98 | 0.99 | 2.67 | 2.97 | 3.45 | 3.84 |
| EPS Growth % | -4.21% | -8.97% | 17.79% | 18.97% | 32.55% | 38.62% | 7.01% | 10.48% | 22.47% | 72.04% | 67.45% | 449.49% | 70.04% | 2.36% | -13.62% | -74.22% | -25.83% | -13.16% | 40.82% | 69.16% |
| EPS (Basic) | 7.16 | 6.69 | 6.39 | 7.25 | 7.48 | 7.37 | 5.43 | 6.10 | 5.65 | 5.31 | 5.07 | 5.52 | 4.61 | 3.08 | 3.02 | 1.00 | 2.71 | 3.02 | 3.50 | 3.91 |
| Diluted Shares Outstanding | 128M | 128.1M | 128.4M | 129M | 130.76M | 130.76M | 130.68M | 130.64M | 130.59M | 130.37M | 130.36M | 130.22M | 130.15M | 130.05M | 129.94M | 130.17M | 130.34M | 130.58M | 130.83M | 131.55M |
| Basic Shares Outstanding | 126.2M | 126.2M | 126.5M | 127.2M | 128.75M | 128.75M | 128.66M | 128.63M | 128.5M | 128.43M | 128.47M | 128.44M | 128.29M | 128.31M | 128.43M | 128.51M | 128.43M | 128.49M | 128.73M | 129.19M |
| Dividend Payout Ratio | - | 26.98% | 28.22% | 25% | 21.87% | 22.15% | 30.06% | 26.81% | 26.21% | 27.97% | 29.26% | 26.92% | 28.92% | 43.31% | 44.13% | 133.32% | 38.09% | 34.22% | 29.46% | 26.51% |