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| 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% |