Parker-Hannifin (PH) Operating Expenses (2009 - 2026)
Parker-Hannifin (PH) posted quarterly 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 reported Operating Expenses for 18 consecutive years, with $884.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 12.61% year-over-year to $884.0 million; the TTM figure through Mar 2026 stood at $3.4 billion (up 6.15% YoY), while the FY2025 annual figure was $3.3 billion, down 1.81% from the prior year.
- Operating Expenses rose to $884.0 million in Q1 2026 per PH's latest filing, from $837.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $884.0 million in Q1 2026 and bottomed at $640.5 million in Q1 2022.
- Historically, Operating Expenses has averaged $812.3 million across 5 years, with a median of $834.8 million in 2023.
- On a YoY basis, Operating Expenses climbed as much as 65.58% in 2022 and fell as far as 48.75% in 2022.
- Parker-Hannifin's Operating Expenses stood at $815.0 million in 2022, then dropped by 1.0% to $806.8 million in 2023, then retreated by 3.07% to $782.0 million in 2024, then gained by 7.03% to $837.0 million in 2025, then gained 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 | 259.17 Bn | 246.05 Bn | 2.36 Bn | 1.71 Bn |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 1.46 Bn |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 884.00 Mn |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 1.34 Bn |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 1.28 Bn |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | - |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 1.52 Bn |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 663.00 Mn |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 400.80 Mn |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 3.28 Bn |
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 |