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| Date | Value |
|---|---|
| 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 |