Parker-Hannifin (PH) Asset Utilization Ratio (2009 - 2026)
Parker-Hannifin (PH) posted quarterly Asset Utilization Ratio of 0.69 for Q1 2026, down 0.91% year-over-year from 0.69 in Q1 2025, and up 2.57% quarter-over-quarter from 0.67 in Q4 2025.
Parker-Hannifin (PH) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Parker-Hannifin (PH) has reported Asset Utilization Ratio for 18 consecutive years, with 0.69 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 0.91% year-over-year to 0.69; the TTM figure through Mar 2026 stood at 0.69 (down 0.91% YoY), while the FY2025 annual figure was 0.68, changed 0.39% from the prior year.
- Asset Utilization Ratio grew to 0.69 in Q1 2026 per PH's latest filing, from 0.67 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.7 in Q1 2022 and bottomed at 0.57 in Q4 2022.
- Historically, Asset Utilization Ratio has averaged 0.66 across 5 years, with a median of 0.67 in 2023.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio decreased 20.8% — and 2023, when it advanced 17.7%.
- Parker-Hannifin's Asset Utilization Ratio stood at 0.57 in 2022, then rose by 17.7% to 0.67 in 2023, then rose by 2.87% to 0.69 in 2024, then slipped by 2.79% to 0.67 in 2025, then advanced by 2.57% to 0.69 in 2026.
- Business Quant data shows PH's Asset Utilization Ratio at 0.69 in Q1 2026, 0.67 in Q4 2025, and 0.67 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.34 Bn | 243.22 Bn | 2.36 Bn | 0.53 |
| 2 | Eaton | 164.17 Bn | 163.47 Bn | 2.86 Bn | 1.07 |
| 3 | Parker-Hannifin | 125.61 Bn | 125.13 Bn | 2.02 Bn | 0.69 |
| 4 | Emerson Electric | 87.20 Bn | 85.02 Bn | 2.66 Bn | 0.44 |
| 5 | Cummins | 81.81 Bn | 77.14 Bn | 2.47 Bn | 0.99 |
| 6 | Illinois Tool Works | 80.98 Bn | 80.14 Bn | 1.90 Bn | 1.01 |
| 7 | Ametek | 54.69 Bn | 54.19 Bn | 735.04 Mn | 0.48 |
| 8 | Rockwell Automation | 48.36 Bn | 47.88 Bn | 1.14 Bn | 0.80 |
| 9 | Ingersoll Rand | 31.75 Bn | 30.58 Bn | 862.60 Mn | 0.44 |
| 10 | Otis Worldwide | 27.61 Bn | 26.80 Bn | 1.14 Bn | 1.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.69 |
| Dec 31, 2025 | 0.67 |
| Sep 30, 2025 | 0.67 |
| Jun 30, 2025 | 0.68 |
| Mar 31, 2025 | 0.69 |
| Dec 31, 2024 | 0.69 |
| Sep 30, 2024 | 0.68 |
| Jun 30, 2024 | 0.68 |
| Mar 31, 2024 | 0.67 |
| Dec 31, 2023 | 0.67 |
| Sep 30, 2023 | 0.66 |
| Jun 30, 2023 | 0.63 |
| Mar 31, 2023 | 0.59 |
| Dec 31, 2022 | 0.57 |
| Sep 30, 2022 | 0.58 |
| Jun 30, 2022 | 0.65 |
| Mar 31, 2022 | 0.70 |
| Dec 31, 2021 | 0.72 |
| Sep 30, 2021 | 0.73 |
| Jun 30, 2021 | 0.71 |