Parker-Hannifin (PH) Operating Margin (2009 - 2026)
Parker-Hannifin's (PH) quarterly Operating Margin came in at 20.65% in Q1 2026, down 42.0% year-on-year from 35.61% in Q1 2025, and down 2.33% on a QoQ basis from 21.14% in Q4 2025.
Parker-Hannifin (PH) Operating Margin (2009 - 2026) Analysis & Trends
Parker-Hannifin (PH) has 18 years of Operating Margin data on file, last reported at 20.65% in Q1 2026.
- On a quarterly basis, Operating Margin fell 42.0% year-over-year to 20.65% in Q1 2026; TTM through Mar 2026 was 20.87%, a 73.0% increase from a year earlier, with the FY2025 full-year figure at 20.45%, up 132.0% from the prior year.
- Operating Margin for Q1 2026 stood at 20.65%, down from 21.14% in the prior quarter.
- Over the last five years, Operating Margin for PH reached as high as 21.34% in Q2 2025 and fell as low as 13.33% in Q4 2022.
- Historically, Operating Margin has averaged 18.86% across 5 years, with a median of 19.51% in 2024.
- Across the five-year window, Operating Margin plunged 422 bps in 2022 and soared 559 bps in 2023, its largest moves.
- Year by year, Operating Margin stood at 13.33% in 2022, then surged by 42 bps to 18.92% in 2023, then climbed by 5 bps to 19.8% in 2024, then advanced by 7 bps to 21.14% in 2025, then declined by 2 bps to 20.65% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 20.65% in Q1 2026, 21.14% in Q4 2025, and 20.34% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 5.88% |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 15.73% |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 20.65% |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 11.30% |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 24.24% |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 25.40% |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 26.70% |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 20.86% |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 15.68% |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | 11.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.65% |
| Dec 31, 2025 | 21.14% |
| Sep 30, 2025 | 20.34% |
| Jun 30, 2025 | 21.34% |
| Mar 31, 2025 | 21.07% |
| Dec 31, 2024 | 19.80% |
| Sep 30, 2024 | 19.51% |
| Jun 30, 2024 | 20.16% |
| Mar 31, 2024 | 19.28% |
| Dec 31, 2023 | 18.92% |
| Sep 30, 2023 | 18.08% |
| Jun 30, 2023 | 19.58% |
| Mar 31, 2023 | 16.84% |
| Dec 31, 2022 | 13.33% |
| Sep 30, 2022 | 14.21% |
| Jun 30, 2022 | 18.34% |
| Mar 31, 2022 | 18.02% |
| Dec 31, 2021 | 17.55% |
| Sep 30, 2021 | 16.79% |
| Jun 30, 2021 | 17.72% |