Parker-Hannifin (PH) Gross Margin (2009 - 2026)
Parker-Hannifin (PH) posted quarterly Gross Margin of 36.77% for Q1 2026, down 13.0% year-over-year from 42.26% in Q1 2025, and down 1.49% quarter-over-quarter from 37.32% in Q4 2025.
Parker-Hannifin (PH) Gross Margin (2009 - 2026) Analysis & Trends
Parker-Hannifin (PH) has reported Gross Margin for 18 consecutive years, with 36.77% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 13.0% year-over-year to 36.77%; the TTM figure through Mar 2026 stood at 37.23% (up 75.0% YoY), while the FY2025 annual figure was 36.85%, up 109.0% from the prior year.
- Gross Margin fell to 36.77% in Q1 2026 per PH's latest filing, from 37.32% in the prior quarter.
- Across five years, Gross Margin topped out at 37.51% in Q3 2025 and bottomed at 30.76% in Q4 2022.
- Historically, Gross Margin has averaged 35.55% across 5 years, with a median of 35.97% in 2023.
- On a YoY basis, Gross Margin climbed as much as 611 bps in 2022 and fell as far as 1592 bps in 2022.
- Parker-Hannifin's Gross Margin stood at 30.76% in 2022, then rose by 16 bps to 35.66% in 2023, then increased by 2 bps to 36.29% in 2024, then advanced by 3 bps to 37.32% in 2025, then retreated by 1 bps to 36.77% in 2026.
- Business Quant data shows PH's Gross Margin at 36.77% in Q1 2026, 37.32% in Q4 2025, and 37.51% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 21.25% |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 33.47% |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 36.77% |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 54.48% |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 26.07% |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 44.13% |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 35.95% |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 49.46% |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 42.10% |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 29.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 36.77% |
| Dec 31, 2025 | 37.32% |
| Sep 30, 2025 | 37.51% |
| Jun 30, 2025 | 37.35% |
| Mar 31, 2025 | 36.90% |
| Dec 31, 2024 | 36.29% |
| Sep 30, 2024 | 36.83% |
| Jun 30, 2024 | 35.94% |
| Mar 31, 2024 | 35.37% |
| Dec 31, 2023 | 35.66% |
| Sep 30, 2023 | 36.10% |
| Jun 30, 2023 | 35.97% |
| Mar 31, 2023 | 34.00% |
| Dec 31, 2022 | 30.76% |
| Sep 30, 2022 | 33.96% |
| Jun 30, 2022 | 33.88% |
| Mar 31, 2022 | 33.70% |
| Dec 31, 2021 | 32.87% |
| Sep 30, 2021 | 33.44% |
| Jun 30, 2021 | 49.81% |