PerpEquities

Equity · Industrials

Is Parker Hannifin (PH) tradable as a perp? Not yet

Parker-Hannifin designs and manufactures motion and control technologies, including hydraulic, pneumatic, and aerospace systems for industrial and mobile markets.

Not yet listed on any perp exchange

No perpetual-futures venue lists PH yet. We track it continuously; as soon as the first listing appears, this page becomes a full market page. Until then: fundamentals below and tradable alternatives.

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TradingView symbol NYSE:PH

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Company data

Company fundamentals

Updated 1h ago
Market cap
$119B
Updated 1h ago
Revenue
$21.5B
Trailing 12 months
Revenue growth
+7%
Next fiscal year
Profit margin
+17.0%
P/E
32.6
Peer P/E 46.1
Free cash flow
$3.9B
Trailing 12 months
More metrics
Net income
$3.6B
Trailing 12 months
P/S
5.5
Peer P/E
46.1
Similar listed perps
Revenue estimate
$23.1B
Next fiscal year
Earnings
2026-11-05
Revenue est. $5.5B · Updated 1h ago
Dividend
$2
2026-08-31

Fundamental detail

Annual + quarterly
Latest revenue$21.5B
Net margin+17.0%
Free cash flow$3.9B
Net debt$8B
2021$14.3B
2022$15.9B
2023$19.1B
2024$19.9B
2025$19.9B
2026$21.5B
PeriodRevenueGrowthNet incomeFCF
2021$14.3B+5%$1.7B$2.4B
2022$15.9B+11%$1.3B$2.2B
2023$19.1B+20%$2.1B$2.6B
2024$19.9B+5%$2.8B$3B
2025$19.9B0%$3.5B$3.3B
2026$21.5B+8%$3.6B$3.9B
PeriodGross marginOperating marginNet marginROEROA
2021+27.2%+16.7%+12.2%+20.8%+8.6%
2022+27.7%+17.7%+8.3%+14.9%+5.1%
2023+33.9%+16.9%+10.9%+20.2%+7.0%
2024+35.9%+19.6%+14.3%+23.6%+9.7%
2025+36.9%+20.5%+17.8%+25.8%+12.0%
2026+37.7%+21.6%+17.0%+23.7%+11.8%
PeriodCashDebtNet debtCurrent ratio
2021$733.1M$6.8B$6.1B1.81
2022$6.6B$11.7B$5.1B2.06
2023$475.2M$13B$12.5B0.88
2024$422M$11B$10.6B0.93
2025$467M$9.6B$9.2B1.19
2026$501M$8.5B$8B1.26
PeriodMarket capEnterprise valueP/SP/E
2021$39.6B$45.7B2.822.7
2022$31.6B$36.7B2.024.0
2023$50.1B$62.6B2.624.0
2024$64.4B$74.9B3.222.6
2025$89.6B$98.8B4.525.4
2026$123.5B$131.6B5.733.9
Q1 2025$4.9B
Q2 2025$4.7B
Q3 2025$5B
Q4 2025$5.2B
Q1 2026$5.1B
Q2 2026$5.2B
Q3 2026$5.5B
Q4 2026$5.8B
PeriodRevenueGrowthNet incomeFCF
Q1 2025$4.9B+1%$698.4M$648.7M
Q2 2025$4.7B-2%$948.5M$813.6M
Q3 2025$5B-2%$960.9M$542.4M
Q4 2025$5.2B+1%$923.2M$1.3B
Q1 2026$5.1B+4%$808M$693M
Q2 2026$5.2B+9%$845M$768M
Q3 2026$5.5B+11%$904M$881M
Q4 2026$5.8B+10%$1.1B$1.6B
PeriodGross marginOperating marginNet marginROEROA
Q1 2025+36.9%+19.8%+14.2%+5.4%+2.4%
Q2 2025+36.5%+20.4%+20.0%+7.2%+3.4%
Q3 2025+36.9%+21.1%+19.4%+7.2%+3.3%
Q4 2025+37.3%+21.3%+17.6%+6.7%+3.1%
Q1 2026+37.5%+20.3%+15.9%+5.9%+2.6%
Q2 2026+37.3%+21.1%+16.3%+5.9%+2.8%
Q3 2026+36.8%+20.7%+16.5%+6.2%+2.9%
Q4 2026+39.0%+23.9%+19.0%+7.1%+3.5%
PeriodCashDebtNet debtCurrent ratio
Q1 2025$371.1M$10.2B$9.8B0.96
Q2 2025$395.5M$9B$8.6B1.06
Q3 2025$408.7M$9.4B$9B1.21
Q4 2025$467M$9.6B$9.2B1.19
Q1 2026$473M$10.3B$9.9B1.07
Q2 2026$427M$9.9B$9.4B1.18
Q3 2026$476M$9.6B$9.1B1.13
Q4 2026$501M$8.7B$8.2B1.26
PeriodMarket capEnterprise valueP/SP/E
Q1 2025$81.3B$91.1B16.629.1
Q2 2025$81.9B$90.5B17.321.6
Q3 2025$78.3B$87.2B15.820.3
Q4 2025$88.8B$98B16.924.1
Q1 2026$95.9B$105.8B18.929.7
Q2 2026$110.9B$120.4B21.432.8
Q3 2026$113B$122.1B20.631.3
Q4 2026$123.3B$131.6B21.428.2

Refreshed 1h ago

Charts: revenue, profit, cash flow & valuation
Revenue$5.8BQ4 2026
$1.4B$2.9B$4.3B$5.8BQ1 2024: $4.8BQ2 2024: $4.8BQ3 2024: $5.1BQ4 2024: $5.2BQ1 2025: $4.9BQ2 2025: $4.7BQ3 2025: $5BQ4 2025: $5.2BQ1 2026: $5.1BQ2 2026: $5.2BQ3 2026: $5.5BQ4 2026: $5.8BQ1 2024Q4 2026
Net income$1.1BQ4 2026
$272.8M$545.5M$818.3M$1.1BQ1 2024: $650.8MQ2 2024: $681.9MQ3 2024: $726.6MQ4 2024: $785MQ1 2025: $698.4MQ2 2025: $948.5MQ3 2025: $960.9MQ4 2025: $923.2MQ1 2026: $808MQ2 2026: $845MQ3 2026: $904MQ4 2026: $1.1BQ1 2024Q4 2026
EBITDA$1.6BQ4 2026
$395.8M$791.5M$1.2B$1.6BQ1 2024: $1.2BQ2 2024: $1.2BQ3 2024: $1.3BQ4 2024: $1.3BQ1 2025: $1.2BQ2 2025: $1.5BQ3 2025: $1.3BQ4 2025: $1.4BQ1 2026: $1.4BQ2 2026: $1.4BQ3 2026: $1.5BQ4 2026: $1.6BQ1 2024Q4 2026
Free cash flow$1.6BQ4 2026
$390.8M$781.5M$1.2B$1.6BQ1 2024: $552.2MQ2 2024: $595.7MQ3 2024: $715.9MQ4 2024: $1.1BQ1 2025: $648.7MQ2 2025: $813.6MQ3 2025: $542.4MQ4 2025: $1.3BQ1 2026: $693MQ2 2026: $768MQ3 2026: $881MQ4 2026: $1.6BQ1 2024Q4 2026
EPS$8.54Q4 2026
$2.14$4.27$6.4$8.54Q1 2024: $4.99Q2 2024: $5.23Q3 2024: $5.56Q4 2024: $6.01Q1 2025: $5.34Q2 2025: $7.25Q3 2025: $7.37Q4 2025: $7.15Q1 2026: $6.29Q2 2026: $6.6Q3 2026: $7.06Q4 2026: $8.54Q1 2024Q4 2026
Cash / Debt$501MQ4 2026
$3B$6.1B$9.1B$12.2BQ1 2024 · Cash: $448.9MQ1 2024 · Debt: $12.2BQ2 2024 · Cash: $382.8MQ2 2024 · Debt: $11.8BQ3 2024 · Cash: $405.5MQ3 2024 · Debt: $11.4BQ4 2024 · Cash: $422MQ4 2024 · Debt: $11BQ1 2025 · Cash: $371.1MQ1 2025 · Debt: $10.2BQ2 2025 · Cash: $395.5MQ2 2025 · Debt: $9BQ3 2025 · Cash: $408.7MQ3 2025 · Debt: $9.4BQ4 2025 · Cash: $467MQ4 2025 · Debt: $9.6BQ1 2026 · Cash: $473MQ1 2026 · Debt: $10.3BQ2 2026 · Cash: $427MQ2 2026 · Debt: $9.9BQ3 2026 · Cash: $476MQ3 2026 · Debt: $9.6BQ4 2026 · Cash: $501MQ4 2026 · Debt: $8.7BQ1 2024Q4 2026
CashDebt
Profitability+39.0%Q4 2026
+9.8%+19.5%+29.3%+39.0%Q1 2024 · Gross margin: +36.3%Q2 2024 · Gross margin: +35.9%Q3 2024 · Gross margin: +35.4%Q4 2024 · Gross margin: +35.9%Q1 2025 · Gross margin: +36.9%Q2 2025 · Gross margin: +36.5%Q3 2025 · Gross margin: +36.9%Q4 2025 · Gross margin: +37.3%Q1 2026 · Gross margin: +37.5%Q2 2026 · Gross margin: +37.3%Q3 2026 · Gross margin: +36.8%Q4 2026 · Gross margin: +39.0%Q1 2024 · Operating margin: +18.5%Q2 2024 · Operating margin: +19.4%Q3 2024 · Operating margin: +19.8%Q4 2024 · Operating margin: +20.2%Q1 2025 · Operating margin: +19.8%Q2 2025 · Operating margin: +20.4%Q3 2025 · Operating margin: +21.1%Q4 2025 · Operating margin: +21.3%Q1 2026 · Operating margin: +20.3%Q2 2026 · Operating margin: +21.1%Q3 2026 · Operating margin: +20.7%Q4 2026 · Operating margin: +23.9%Q1 2024 · Net margin: +13.4%Q2 2024 · Net margin: +14.1%Q3 2024 · Net margin: +14.3%Q4 2024 · Net margin: +15.1%Q1 2025 · Net margin: +14.2%Q2 2025 · Net margin: +20.0%Q3 2025 · Net margin: +19.4%Q4 2025 · Net margin: +17.6%Q1 2026 · Net margin: +15.9%Q2 2026 · Net margin: +16.3%Q3 2026 · Net margin: +16.5%Q4 2026 · Net margin: +19.0%Q1 2024Q4 2026
Gross marginOperating marginNet margin
Revenue growth+9.8%Q4 2026
+1.0%+4.2%+7.4%+10.6%Q1 2025: +1.2%Q2 2025: -1.6%Q3 2025: -2.2%Q4 2025: +1.1%Q1 2026: +3.7%Q2 2026: +9.1%Q3 2026: +10.6%Q4 2026: +9.8%Q1 2024Q4 2026
Shares outstanding127.8MQ4 2026
32.7M65.4M98.1M130.8MQ1 2024: 130.4MQ2 2024: 130.4MQ3 2024: 130.6MQ4 2024: 130.6MQ1 2025: 130.7MQ2 2025: 130.8MQ3 2025: 130.8MQ4 2025: 129MQ1 2026: 128.4MQ2 2026: 128.1MQ3 2026: 128MQ4 2026: 127.8MQ1 2024Q4 2026
Valuation28.2Q4 2026
8.216.424.632.8Q1 2024 · P/E: 19.2Q2 2024 · P/E: 21.7Q3 2024 · P/E: 24.4Q4 2024 · P/E: 20.5Q1 2025 · P/E: 29.1Q2 2025 · P/E: 21.6Q3 2025 · P/E: 20.3Q4 2025 · P/E: 24.1Q1 2026 · P/E: 29.7Q2 2026 · P/E: 32.8Q3 2026 · P/E: 31.3Q4 2026 · P/E: 28.2Q1 2024 · P/S: 10.3Q2 2024 · P/S: 12.3Q3 2024 · P/S: 14.0Q4 2024 · P/S: 12.4Q1 2025 · P/S: 16.6Q2 2025 · P/S: 17.3Q3 2025 · P/S: 15.8Q4 2025 · P/S: 16.9Q1 2026 · P/S: 18.9Q2 2026 · P/S: 21.4Q3 2026 · P/S: 20.6Q4 2026 · P/S: 21.4Q1 2024Q4 2026
P/EP/S
Revenue$21.5B2026
$5.4B$10.7B$16.1B$21.5B2019: $14.3B2020: $13.7B2021: $14.3B2022: $15.9B2023: $19.1B2024: $19.9B2025: $19.9B2026: $21.5B20192026
Net income$3.6B2026
$912.3M$1.8B$2.7B$3.6B2019: $1.5B2020: $1.2B2021: $1.7B2022: $1.3B2023: $2.1B2024: $2.8B2025: $3.5B2026: $3.6B20192026
EBITDA$5B2026
$1.4B$2.7B$4.1B$5.4B2019: $2.6B2020: $2.4B2021: $3.1B2022: $2.4B2023: $4.1B2024: $5B2025: $5.4B2026: $5B20192026
Free cash flow$3.9B2026
$976.3M$2B$2.9B$3.9B2019: $1.5B2020: $1.8B2021: $2.4B2022: $2.2B2023: $2.6B2024: $3B2025: $3.3B2026: $3.9B20192026
EPS$28.52026
$7.12$14.2$21.4$28.52019: $11.52020: $9.292021: $13.42022: $10.12023: $162024: $21.82025: $27.12026: $28.520192026
Cash / Debt$501M2026
$3.2B$6.5B$9.7B$13B2019 · Cash: $3.2B2019 · Debt: $7.1B2020 · Cash: $685.5M2020 · Debt: $8.5B2021 · Cash: $733.1M2021 · Debt: $6.8B2022 · Cash: $6.6B2022 · Debt: $11.7B2023 · Cash: $475.2M2023 · Debt: $13B2024 · Cash: $422M2024 · Debt: $11B2025 · Cash: $467M2025 · Debt: $9.6B2026 · Cash: $501M2026 · Debt: $8.5B20192026
CashDebt
Profitability+37.7%2026
+9.4%+18.8%+28.3%+37.7%2019 · Gross margin: +25.5%2020 · Gross margin: +25.4%2021 · Gross margin: +27.2%2022 · Gross margin: +27.7%2023 · Gross margin: +33.9%2024 · Gross margin: +35.9%2025 · Gross margin: +36.9%2026 · Gross margin: +37.7%2019 · Operating margin: +14.8%2020 · Operating margin: +14.5%2021 · Operating margin: +16.7%2022 · Operating margin: +17.7%2023 · Operating margin: +16.9%2024 · Operating margin: +19.6%2025 · Operating margin: +20.5%2026 · Operating margin: +21.6%2019 · Net margin: +10.6%2020 · Net margin: +8.8%2021 · Net margin: +12.2%2022 · Net margin: +8.3%2023 · Net margin: +10.9%2024 · Net margin: +14.3%2025 · Net margin: +17.8%2026 · Net margin: +17.0%20192026
Gross marginOperating marginNet margin
Revenue growth+8.3%2026
+1.8%+7.9%+14.1%+20.2%2020: -4.4%2021: +4.8%2022: +10.6%2023: +20.2%2024: +4.5%2025: -0.4%2026: +8.3%20192026
Shares outstanding128.1M2026
32.9M65.9M98.8M131.8M2019: 131.8M2020: 129.8M2021: 130.8M2022: 130.4M2023: 129.8M2024: 130.2M2025: 130.2M2026: 128.1M20192026
Valuation33.92026
8.516.925.433.92019 · P/E: 14.62020 · P/E: 19.52021 · P/E: 22.72022 · P/E: 24.02023 · P/E: 24.02024 · P/E: 22.62025 · P/E: 25.42026 · P/E: 33.92019 · P/S: 1.52020 · P/S: 1.72021 · P/S: 2.82022 · P/S: 2.02023 · P/S: 2.62024 · P/S: 3.22025 · P/S: 4.52026 · P/S: 5.720192026
P/EP/S

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 202631.30$21.3B+7%16
FY 202735.20$23.1B+7%8
FY 202838.77$24.4B+14%7
FY 202943.13$25.8B+20%4
FY 203048.24$29.4B+37%1
FY 203149.91$29.6B+38%2

Company events

6
2026-11-05EarningsActual - / Estimate 8.13-
2026-08-31Dividend$2-
2026-08-06EarningsActual 9.27 / Estimate 8.31Beat
2026-05-08Dividend$2-
2026-04-30EarningsActual 8.17 / Estimate 7.84Beat
2026-02-06Dividend$1.8-

Peer comparison

Similar listed perps
NameMarket capP/SP/EProfit marginVenues
LMT$123.2B1.619.6+8.2%6VRT$96B8.455.2+15.1%13PWR$95.7B2.972.0+4.1%1GD$95.5B1.721.2+8.2%2HWM$91.9B10.149.2+20.5%1BA$156.7B1.774.2+2.6%4NOC$74.9B1.716.7+10.5%3ETN$164.9B5.543.1+12.8%2

Analyst track record

How the analysts covering PH have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings121371
Analysts2431
Buy / hold / sell93 / 28 / 0305 / 65 / 1
Upgrades / downgrades / initiations0 / 0 / 55 / 5 / 11
Price targets hit / missed29 / 80 (27%)257 / 80 (76%)
Avg. return after a rating (TipRanks)-7.6%+30.2%
Best / worst call+28.0% / -31.9%+208.4% / -31.9%

After buy calls on this stock: median 21-day move +3.6% vs S&P 500 +1.6% (n = 308)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. Joe O'DeaWells Fargo100% hit rate on this stock · 57 targets measuredBuytarget $950May 26, 2026
  2. Julian MitchellBarclays100% hit rate on this stock · 26 targets measuredBuytarget $1,020Jun 8, 2026
  3. Nathan JonesStifel Nicolaus100% hit rate on this stock · 15 targets measuredHoldtarget $1,075Sep 2, 2026

Latest ratings

DateAnalystCallTarget
Sep 4, 2026Christine YaoMorgan StanleyHoldReiterated$1,038article ↗
Sep 3, 2026Unknown AnalystBernsteinBuyMaintained$1,218article ↗
Sep 2, 2026Nathan JonesStifel NicolausHoldMaintained$1,075article ↗
Aug 18, 2026Nathan JonesStifel NicolausHoldMaintained$1,075article ↗
Aug 17, 2026Amit MehrotraUBSBuyMaintained$1,250article ↗
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$800$900$1,000$1,100Oct 25 · Buy 13 · Hold 4 · Sell 0Oct 25Nov 25 · Buy 13 · Hold 4 · Sell 0Dec 25 · Buy 12 · Hold 4 · Sell 0Dec 25Jan 26 · Buy 13 · Hold 4 · Sell 0Feb 26 · Buy 11 · Hold 4 · Sell 0Feb 26Mar 26 · Buy 12 · Hold 3 · Sell 0Apr 26 · Buy 12 · Hold 3 · Sell 0Apr 26May 26 · Buy 14 · Hold 3 · Sell 0Jun 26 · Buy 15 · Hold 3 · Sell 0Jun 26Jul 26 · Buy 14 · Hold 5 · Sell 0Aug 26 · Buy 18 · Hold 5 · Sell 0Aug 26Sep 26 · Buy 18 · Hold 6 · Sell 0Oct 25 · avg. target $808Nov 25 · avg. target $875Dec 25 · avg. target $908Jan 26 · avg. target $988Feb 26 · avg. target $1,013Mar 26 · avg. target $1,040Apr 26 · avg. target $1,042May 26 · avg. target $1,040Jun 26 · avg. target $1,039Jul 26 · avg. target $1,053Aug 26 · avg. target $1,141Sep 26 · avg. target $1,137Oct 25 · month-end close $773Nov 25 · month-end close $862Dec 25 · month-end close $879Jan 26 · month-end close $936Feb 26 · month-end close $1,009Mar 26 · month-end close $895Apr 26 · month-end close $909May 26 · month-end close $845Jun 26 · month-end close $978Jul 26 · month-end close $977Aug 26 · month-end close $979Sep 26 · month-end close $925

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data via FMP · computed Sep 18, 2026 · 121 ratings