Parker-Hannifin (PH) Gross Margin (2009 - 2026)

Parker-Hannifin's (PH) quarterly Gross Margin came in at 36.77% in Q1 2026, down 13.0% year-on-year from 42.26% in Q1 2025, and down 1.49% on a QoQ basis from 37.32% in Q4 2025.

Parker-Hannifin (PH) Gross Margin (2009 - 2026) Analysis & Trends

Parker-Hannifin (PH) has 18 years of Gross Margin data on file, last reported at 36.77% in Q1 2026.

  • On a quarterly basis, Gross Margin fell 13.0% year-over-year to 36.77% in Q1 2026; TTM through Mar 2026 was 37.23%, a 75.0% increase from a year earlier, with the FY2025 full-year figure at 36.85%, up 109.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 36.77%, down from 37.32% in the prior quarter.
  • Over the last five years, Gross Margin for PH reached as high as 37.51% in Q3 2025 and fell as low as 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.
  • Year by year, Gross Margin stood at 30.76% in 2022, then advanced by 16 bps to 35.66% in 2023, then gained by 2 bps to 36.29% in 2024, then grew by 3 bps to 37.32% in 2025, then slipped by 1 bps to 36.77% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 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 270.93 Bn 257.81 Bn 2.36 Bn 21.25%
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 35.59%
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 36.77%
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 26.71%
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 53.09%
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 43.82%
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 37.21%
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 50.25%
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 42.90%
10 Xylem 29.09 Bn 28.28 Bn 803.00 Mn 37.79%

Historic Data

Download Data
DateValue
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%