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| 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% |