Parker-Hannifin (PH) Operating Expenses (2009 - 2026)
Parker-Hannifin (PH) reported Operating Expenses of $884.0 million for Q1 2026, up 12.61% year-over-year from $785.0 million in Q1 2025, and up 5.62% quarter-over-quarter from $837.0 million in Q4 2025.
Parker-Hannifin (PH) Operating Expenses (2009 - 2026) Analysis & Trends
Parker-Hannifin (PH) has 18 years of Operating Expenses data on file, last reported at $884.0 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $884.0 million, up 12.61% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.4 billion (up 6.15% YoY), and the FY2025 annual result was $3.3 billion, down 1.81% from the prior year.
- Operating Expenses advanced to $884.0 million in Q1 2026 per PH's latest filing, from $837.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $884.0 million in Q1 2026 and troughed at $640.5 million in Q1 2022.
- A 5-year average of $812.3 million and a median of $834.8 million in 2023 frame the typical range for Operating Expenses.
- On a YoY basis, Operating Expenses climbed as much as 65.58% in 2022 and fell as far as 48.75% in 2022.
- A 5-year view of Operating Expenses shows it stood at $815.0 million in 2022, then slipped by 1.0% to $806.8 million in 2023, then fell by 3.07% to $782.0 million in 2024, then rose by 7.03% to $837.0 million in 2025, then rose by 5.62% to $884.0 million in 2026.
- Business Quant data shows PH's Operating Expenses at $884.0 million in Q1 2026, $837.0 million in Q4 2025, and $873.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 1.60 Bn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 1.48 Bn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 884.00 Mn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 1.20 Bn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 1.32 Bn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | - |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 1.41 Bn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 658.00 Mn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 492.23 Mn |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 370.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 884.00 Mn |
| Dec 31, 2025 | 837.00 Mn |
| Sep 30, 2025 | 873.00 Mn |
| Jun 30, 2025 | 839.00 Mn |
| Mar 31, 2025 | 785.00 Mn |
| Dec 31, 2024 | 782.00 Mn |
| Sep 30, 2024 | 849.00 Mn |
| Jun 30, 2024 | 818.17 Mn |
| Mar 31, 2024 | 816.34 Mn |
| Dec 31, 2023 | 806.80 Mn |
| Sep 30, 2023 | 873.69 Mn |
| Jun 30, 2023 | 834.84 Mn |
| Mar 31, 2023 | 868.39 Mn |
| Dec 31, 2022 | 814.97 Mn |
| Sep 30, 2022 | 835.80 Mn |
| Jun 30, 2022 | 650.96 Mn |
| Mar 31, 2022 | 640.50 Mn |
| Dec 31, 2021 | 585.86 Mn |
| Sep 30, 2021 | 626.75 Mn |
| Jun 30, 2021 | 1.27 Bn |