Parker-Hannifin (PH) Interest Coverage Ratio (2009 - 2026)

Parker-Hannifin's (PH) quarterly Interest Coverage Ratio came in at 2.14 in Q1 2026, up 3.5% year-on-year from 2.07 in Q1 2025, and up 3.37% on a QoQ basis from 2.07 in Q4 2025.

Parker-Hannifin (PH) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Parker-Hannifin (PH) has 18 years of Interest Coverage Ratio data on file, last reported at 2.14 in Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 3.5% year-over-year to 2.14 in Q1 2026; TTM through Mar 2026 was 8.28, a 4.87% increase from a year earlier, with the FY2025 full-year figure at 3.21, down 10.01% from the prior year.
  • Interest Coverage Ratio for Q1 2026 stood at 2.14, up from 2.07 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for PH reached as high as 99.79 in Q2 2023 and fell as low as 1.11 in Q3 2022.
  • Historically, Interest Coverage Ratio has averaged 9.3 across 5 years, with a median of 1.95 in 2025.
  • Across the five-year window, Interest Coverage Ratio soared 826.15% in 2023 and slumped 91.17% in 2024, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 1.15 in 2022, then jumped by 50.88% to 1.74 in 2023, then climbed by 6.6% to 1.86 in 2024, then gained by 11.65% to 2.07 in 2025, then grew by 3.37% to 2.14 in 2026.
  • Per Business Quant data, the three most recent Interest Coverage Ratio figures were 2.14 in Q1 2026, 2.07 in Q4 2025, and 1.95 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn -8.95
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 11.06
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 2.14
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 1.49
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn -
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 13.97
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 24.63
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 6.58
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 4.54
10 Xylem 29.09 Bn 28.28 Bn 803.00 Mn 22.18

Historic Data

Download Data
DateValue
Mar 31, 2026 2.14
Dec 31, 2025 2.07
Sep 30, 2025 1.95
Jun 30, 2025 15.12
Mar 31, 2025 2.07
Dec 31, 2024 1.86
Sep 30, 2024 1.87
Jun 30, 2024 8.81
Mar 31, 2024 1.84
Dec 31, 2023 1.74
Sep 30, 2023 1.67
Jun 30, 2023 99.79
Mar 31, 2023 1.56
Dec 31, 2022 1.15
Sep 30, 2022 1.11
Jun 30, 2022 10.78
Mar 31, 2022 2.62
Dec 31, 2021 2.38
Sep 30, 2021 2.24
Jun 30, 2021 14.86