The global cryogenic equipment market is expected to grow from $14.74 billion in 2025 to $22.96 billion by 2030, at a CAGR of 9.3%. Growth is driven by the transition to clean energy, increased LNG infrastructure investments, and rising demand in Asia Pacific, particularly in China and India. The metallurgy segment is expected to dominate, while key players include Linde, Air Liquide, Air Products, and Chart Industries.
Parker-Hannifin Corporation (PH)
Parker Hannifin started out in 1917 as Parker Appliance, selling pneumatic brakes. Through the acquisition of branded components, the firm has expanded into aerospace engines, agricultural and construction machinery, freight and passenger vehicles, and industrial automation equipment. Within these larger systems, Parker sells a wide array of small, critical pieces such as hydraulic, electromechanical, climate control, and filtration components. Many of its products are designed to work together, resulting in a high rate of cross-selling.
Company Info
Highlights
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Analysis
Share Price Chart
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Parker-Hannifin Corporation, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Returns By Period
Parker-Hannifin Corporation (PH) has returned 3.00% so far this year and 79.77% over the past 12 months. Looking at the last ten years, PH has achieved an annualized return of 23.29%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
PH
Benchmark (SPY)
Monthly Returns
The table below presents the monthly returns of Parker-Hannifin Corporation (PH) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.15% | 7.85% | -10.61% | 0.28% | ||||||||
| 2025 | 10.46% | -2.92% | -9.86% | -0.31% | 8.18% | 5.11% | 5.11% | 6.18% | 1.62% | 3.00% | 11.50% | 2.72% |
| 2024 | 1.31% | 8.79% | 3.80% | -1.96% | -2.00% | -5.30% | 9.29% | 7.56% | 6.57% | 0.34% | 11.29% | -9.60% |
| 2023 | 11.26% | 8.68% | -4.26% | -3.41% | -1.36% | 21.01% | 5.68% | 2.49% | -7.02% | -5.13% | 17.20% | 6.37% |
| 2022 | -2.64% | -4.32% | -4.17% | -5.61% | 0.72% | -10.01% | 17.61% | -7.24% | -7.72% | 17.98% | 1.95% | -3.35% |
| 2021 | -3.25% | 7.17% | 7.97% | -1.20% | -2.79% | -1.68% | 0.73% | -3.05% | -5.76% | 5.00% | 1.59% | 3.26% |
| 2020 | -5.47% | -6.04% | -30.33% | 30.87% | 14.33% | 1.47% | -2.37% | 14.67% | -1.30% | 2.42% | 25.80% | 0.29% |
| 2019 | 12.29% | 7.14% | -3.55% | 4.21% | -16.12% | 11.52% | 1.37% | -5.27% | 10.24% | 0.66% | 6.82% | 2.99% |
| 2018 | 0.66% | -8.85% | -4.18% | -3.18% | 4.28% | -9.54% | 9.15% | 4.67% | 4.98% | -18.20% | 13.22% | -15.40% |
| 2017 | 3.47% | 5.23% | 2.15% | 0.39% | -2.37% | 1.00% | 3.37% | -3.15% | 8.28% | 6.17% | 1.53% | 6.45% |
| 2016 | 5.87% | -1.13% | -5.20% | 5.41% | 7.56% | 2.33% | -2.07% | 12.56% | -0.02% |
Performance Indicators
The charts below present risk-adjusted performance metrics for Parker-Hannifin Corporation (PH) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of PH compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current Parker-Hannifin Corporation volatility is 2.18%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 29.49B | 29.30B | 29.96B | 25.94B | 20.34B | 19.74B | 17.58B | 15.32B | 15.49B | 12.06B | 12.30B | 13.27B | 12.54B | 11.17B | 10.89B | 9.91B |
| Equity Attributable To Parent (USD) | 13.68B | 12.07B | 10.33B | 8.85B | 8.40B | 6.11B | 5.96B | 5.86B | 5.26B | 4.58B | 5.10B | 6.66B | 5.74B | 4.90B | 5.38B | 4.37B |
| Equity Attributable To Noncontrolling Interest (USD) | 9.00M | 8.92M | 11.39M | 11.91M | 15.36M | 14.55M | 6.18M | 5.63M | 5.70M | 3.42M | 3.28M | 3.38M | 3.06M | 9.22M | 104.48M | 91.44M |
| Equity (USD) | 13.69B | 12.08B | 10.34B | 8.86B | 8.41B | 6.13B | 5.97B | 5.87B | 5.27B | 4.58B | 5.11B | 6.66B | 5.74B | 4.91B | 5.49B | 4.46B |
| Other Non-current Liabilities (USD) | 2.48B | 1.49B | 1.12B | 1.17B | 2.25B | 2.72B | 1.94B | 1.84B | 1.44B | 2.38B | 1.89B | 1.85B | 1.78B | 2.05B | 1.24B | 1.49B |
| Long-term Debt (USD) | 7.50B | 8.41B | 10.77B | 10.06B | 6.58B | 7.74B | 6.52B | 4.42B | 5.38B | 2.73B | 2.95B | 1.51B | 1.50B | 1.73B | 1.77B | 1.76B |
| Noncurrent Liabilities (USD) | 9.98B | 9.90B | 11.89B | 11.22B | 8.83B | 10.46B | 8.46B | 6.26B | 6.83B | 5.11B | 4.84B | 3.36B | 3.28B | 3.78B | 3.01B | 3.25B |
| Other Current Liabilities (USD) | 3.11B | 4.74B | 5.03B | 3.66B | 921.60M | 1.61B | 1.31B | 1.34B | 1.66B | 948.41M | 848.23M | 1.55B | 1.94B | 827.44M | 750.15M | 944.76M |
| Wages (USD) | 587.00M | 581.25M | 651.32M | 470.13M | 507.03M | 424.23M | 426.29M | 427.50M | 435.91M | 382.95M | 409.76M | 453.32M | 427.00M | 463.89M | 467.04M | 371.39M |
| Accounts Payable (USD) | 2.13B | 1.99B | 2.05B | 1.73B | 1.67B | 1.11B | 1.41B | 1.43B | 1.30B | 1.03B | 1.09B | 1.25B | 1.16B | 1.19B | 1.17B | 888.74M |
| Current Liabilities (USD) | 5.82B | 7.31B | 7.74B | 5.86B | 3.10B | 3.15B | 3.15B | 3.20B | 3.40B | 2.37B | 2.35B | 3.25B | 3.52B | 2.49B | 2.39B | 2.20B |
| Liabilities (USD) | 15.80B | 17.22B | 19.63B | 17.08B | 11.93B | 13.61B | 11.61B | 9.45B | 10.22B | 7.48B | 7.19B | 6.61B | 6.80B | 6.26B | 5.40B | 5.45B |
| Other Non-current Assets (USD) | 12.23B | 14.68B | 14.68B | 8.64B | 8.94B | 8.76B | 6.35B | 6.36B | 6.47B | 4.36B | 4.03B | 4.19B | 3.91B | 3.86B | 3.61B | 3.47B |
| Intangible Assets (USD) | 7.37B | 7.82B | 8.45B | 3.14B | 3.52B | 3.80B | 1.78B | 2.02B | 2.31B | 922.57M | 1.01B | 1.19B | 1.29B | 1.10B | 1.18B | 1.15B |
| Fixed Assets (USD) | 2.94B | - | - | 2.12B | 2.27B | 2.29B | 1.77B | 1.86B | 1.94B | 1.57B | 1.66B | 1.82B | 1.81B | 1.72B | 1.80B | 1.70B |
| Noncurrent Assets (USD) | 22.54B | 22.50B | 23.13B | 13.90B | 14.72B | 14.85B | 9.90B | 10.23B | 10.71B | 6.85B | 6.71B | 7.20B | 7.01B | 6.67B | 6.58B | 6.32B |
| Other Current Assets (USD) | 3.85B | 4.01B | 3.93B | 9.83B | 3.53B | 3.07B | 5.81B | 3.33B | 3.11B | 3.93B | 4.04B | 4.57B | 3.97B | 2.96B | 2.78B | 2.31B |
| Prepaid Expenses (USD) | 263.00M | - | - | - | - | - | 182.49M | 134.89M | 120.28M | 104.36M | 241.68M | 129.84M | 182.67M | 137.43M | 111.93M | 111.55M |
| Inventory (USD) | 2.84B | 2.79B | 2.91B | 2.21B | 2.09B | 1.81B | 1.68B | 1.62B | 1.55B | 1.17B | 1.30B | 1.37B | 1.38B | 1.40B | 1.41B | 1.17B |
| Current Assets (USD) | 6.95B | 6.80B | 6.83B | 12.05B | 5.62B | 4.89B | 7.67B | 5.09B | 4.78B | 5.21B | 5.58B | 6.07B | 5.53B | 4.50B | 4.31B | 3.59B |
| Assets (USD) | 29.49B | 29.30B | 29.96B | 25.94B | 20.34B | 19.74B | 17.58B | 15.32B | 15.49B | 12.06B | 12.30B | 13.27B | 12.54B | 11.17B | 10.89B | 9.91B |
News and Insights
Parker Hannifin Corporation announced it will present at the Bank of America Global Industrials Conference in London on March 18, 2026 at 10:30 a.m. GMT. The presentation will be webcast live on the company's investor website. Parker is a Fortune 250 leader in motion and control technologies with a 69-year consecutive dividend increase record.
The midstream oil & gas filtration market is projected to grow from USD 2.80 billion in 2025 to USD 3.73 billion by 2030, at a CAGR of 5.9%. Coalescer filters and fiberglass media are the fastest-growing segments, while pipeline transportation and Asia Pacific represent major market opportunities. Key drivers include LNG capacity buildout, aging infrastructure, and stricter emissions regulations.
The global automotive cabin air filter market is projected to grow from US$ 5.5 billion in 2024 to US$ 9.3 billion by 2033, driven by rising passenger vehicle production (68+ million units globally), OEM demand, and recurring aftermarket replacement cycles. OEMs are expected to capture 45.6% of the market in 2025, while the aftermarket segment is growing rapidly with over 75% of vehicle owners replacing filters annually. Asia Pacific dominates with 54.69% market share.

Parker-Hannifin surged 38.2% in 2025 driven by strong aerospace segment growth, successful integration of the Meggitt acquisition, and two major new acquisitions (Curtis Instruments for $1B and Filtration Group for $9.25B). Despite industrial segment headwinds, the company expanded margins through pricing and cost management. Management raised full-year guidance to 6.5% revenue growth and $30 EPS. However, shares now trade at 33x earnings, at the high end of historical valuation range.

Parker Hannifin Corporation announced a regular quarterly cash dividend of $1.80 per share, payable March 6, 2026 to shareholders of record as of February 6, 2026. This marks the company's 303rd consecutive quarterly dividend and extends its record of 69 consecutive fiscal years of dividend increases, placing it among the top five longest-running dividend-increase records in the S&P 500.
Parker Hannifin Corporation declared a regular quarterly cash dividend of $1.80 per share, marking its 303rd consecutive quarterly dividend and 69th consecutive year of dividend increases. The company also announced plans to acquire Filtration Group Corporation for $2 billion, significantly expanding its filtration offerings and aftermarket business across Life Sciences, HVAC/R, and industrial markets.
Parker Hannifin Corporation announced it will release its fiscal 2026 second quarter earnings on January 29, 2026, before market open, followed by a conference call at 11:00 a.m. Eastern time. The company will discuss Q2 results and respond to analyst questions via webcast on its investor website.
The global aircraft fuel systems market is valued at USD 10.80 billion in 2025 and is projected to reach USD 19.16 billion by 2035 at a CAGR of 5.9%. Growth is driven by surging commercial aircraft deliveries (Boeing and Airbus combined delivered 1,094 aircraft in 2024), strategic defense investments, sustainability mandates, and innovations in fuel injection systems and inerting technologies. North America dominates the market, while Asia Pacific shows the fastest growth potential.
The EMI Shielding Market is projected to grow from $8.01 billion in 2025 to $12.38 billion by 2033, driven by expanding electronics production, 5G rollout, and increasing need for electromagnetic interference protection.