Parker-Hannifin (PH) Interest Coverage Ratio (2009 - 2026)
Parker-Hannifin's Interest Coverage Ratio came in at 14.45 for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 27.9% from 11.30 a year earlier and up 26.3% from the prior quarter.
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Analysis
Parker-Hannifin (PH) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Parker-Hannifin's Interest Coverage Ratio was 11.56, up 16.4% from FY2025.
- Interest Coverage Ratio has increased in each of the last three fiscal years.
- Going back by fiscal year, Interest Coverage Ratio was 9.93 in FY2025 (+31.7%), 7.54 in FY2024 (+40.7%), 5.36 in FY2023 (-51.3%) and 11.00 in FY2022 (+16.5%).
- The fiscal Q4 2026 figure represents the highest quarterly Interest Coverage Ratio since fiscal Q1 2015.
- Year-over-year, Interest Coverage Ratio has increased for 12 consecutive quarters, with growth averaging 24.0% over the last eight quarters.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in fiscal Q2 2024 (growth of 66.7%), and the weakest in fiscal Q2 2023 (a decline of 61.2%).
- Business Quant data shows PH's Interest Coverage Ratio at 11.44 (Q3 2026), 10.32 (Q2 2026) and 10.24 (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 14.45 |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 36.66 |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | - |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 14.52 |
| 10 | Cummins | 71.14 Bn | 68.27 Bn | 2.47 Bn | 15.99 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.45 |
| 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 | 6.34 |
| 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 |
API Access
Parker-Hannifin Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=PH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "PH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=PH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();