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

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

  • Gross Margin for Q1 2026 came in at 36.77%, down 13.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 37.23% (up 75.0% YoY), and the FY2025 annual result was 36.85%, up 109.0% from the prior year.
  • Gross Margin slipped to 36.77% in Q1 2026 per PH's latest filing, from 37.32% in the prior quarter.
  • Over five years, Gross Margin peaked at 37.51% in Q3 2025 and troughed at 30.76% in Q4 2022.
  • A 5-year average of 35.55% and a median of 35.97% in 2023 frame the typical range for Gross Margin.
  • On a YoY basis, Gross Margin climbed as much as 611 bps in 2022 and fell as far as 1592 bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 30.76% in 2022, then increased by 16 bps to 35.66% in 2023, then grew by 2 bps to 36.29% in 2024, then gained by 3 bps to 37.32% in 2025, then fell 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 251.14 Bn 242.11 Bn 1.78 Bn 19.07%
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 35.59%
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 36.77%
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 26.71%
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 53.09%
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 43.82%
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 37.21%
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 50.25%
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 38.86%
10 Ingersoll Rand 28.28 Bn 27.07 Bn 792.40 Mn 42.90%

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%