Parker-Hannifin (PH) Interest Coverage Ratio (2009 - 2026)
Parker-Hannifin (PH) reported Interest Coverage Ratio of 11.44 for Q1 2026, up 5.14% year-over-year from 10.89 in Q1 2025, and up 10.89% quarter-over-quarter from 10.32 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 11.44 in Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 11.44, up 5.14% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.81 (up 16.3% YoY), and the FY2025 annual result was 9.93, up 31.73% from the prior year.
- Interest Coverage Ratio rose to 11.44 in Q1 2026 per PH's latest filing, from 10.32 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 99.79 in Q2 2023 and troughed at 4.24 in Q4 2022.
- A 5-year average of 14.08 and a median of 9.3 in 2024 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio surged 826.15% in 2023, then plunged 91.17% in 2024.
- A 5-year view of Interest Coverage Ratio shows it stood at 4.24 in 2022, then surged by 66.72% to 7.07 in 2023, then surged by 31.51% to 9.3 in 2024, then rose by 11.01% to 10.32 in 2025, then climbed by 10.89% to 11.44 in 2026.
- Business Quant data shows PH's Interest Coverage Ratio at 11.44 in Q1 2026, 10.32 in Q4 2025, and 10.24 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | -6.39 |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 11.06 |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 11.44 |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 12.49 |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | - |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 13.97 |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 24.63 |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 12.97 |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 10.36 |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 4.54 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.44 |
| Dec 31, 2025 | 10.32 |
| Sep 30, 2025 | 10.24 |
| Jun 30, 2025 | 11.30 |
| Mar 31, 2025 | 10.89 |
| Dec 31, 2024 | 9.30 |
| Sep 30, 2024 | 8.47 |
| Jun 30, 2024 | 8.81 |
| Mar 31, 2024 | 7.91 |
| Dec 31, 2023 | 7.07 |
| Sep 30, 2023 | 6.52 |
| Jun 30, 2023 | 99.79 |
| Mar 31, 2023 | 5.61 |
| Dec 31, 2022 | 4.24 |
| Sep 30, 2022 | 5.11 |
| Jun 30, 2022 | 10.78 |
| Mar 31, 2022 | 11.64 |
| Dec 31, 2021 | 10.94 |
| Sep 30, 2021 | 10.64 |
| Jun 30, 2021 | 11.64 |