Parker-Hannifin (PH) Operating Margin (2009 - 2026)
Parker-Hannifin's (PH) quarterly Operating Margin came in at 23.86% in Q2 2026, up 251.0% year-over-year from 6.8% in Q2 2025, and up 15.52% quarter-over-quarter from 20.65% in Q1 2026.
Analysis
Parker-Hannifin (PH) Operating Margin (2009 - 2026) Analysis & Trends
Parker-Hannifin (PH) has reported Operating Margin for 18 consecutive years, with 23.86% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin rose 251.0% year-over-year to 23.86% in Q2 2026; TTM through Jun 2026 was 21.55%, a 110.0% increase from a year earlier, with the FY2026 full-year figure at 21.55%, up 110.0% from the prior year.
- Operating Margin was 23.86% for Q2 2026 at Parker-Hannifin, up from 20.65% in the prior quarter.
- Over five years, Operating Margin peaked at 23.86% in Q2 2026 and troughed at 13.33% in Q4 2022.
- A 5-year average of 19.14% and a median of 19.55% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin tumbled 422 bps in 2022 and jumped 559 bps in 2023, its largest moves.
- Over 5 years, Operating Margin stood at 13.33% in 2022, then jumped by 42 bps to 18.92% in 2023, then increased by 5 bps to 19.8% in 2024, then grew by 7 bps to 21.14% in 2025, then climbed by 13 bps to 23.86% in 2026.
- The last three Operating Margin figures came in at 23.86% (Q2 2026), 20.65% (Q1 2026), and 21.14% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Parker-Hannifin | 117.90 Bn | 117.40 Bn | 2.25 Bn | 23.86% |
| 2 | Emerson Electric | 83.05 Bn | 80.87 Bn | 2.66 Bn | 26.92% |
| 3 | Ingersoll Rand | 28.33 Bn | 27.16 Bn | 862.60 Mn | 18.56% |
| 4 | Itt | 17.65 Bn | 17.06 Bn | 510.10 Mn | 12.24% |
| 5 | Idex | 16.43 Bn | 15.81 Bn | 426.80 Mn | 21.71% |
| 6 | Graco | 12.34 Bn | 11.84 Bn | 316.94 Mn | 29.65% |
| 7 | Watts Water Technologies | 11.75 Bn | 11.40 Bn | 374.10 Mn | 20.18% |
| 8 | Flowserve | 9.37 Bn | 8.64 Bn | 384.73 Mn | 12.95% |
| 9 | Pentair | 9.19 Bn | 9.09 Bn | 395.00 Mn | 17.85% |
| 10 | Enpro | 6.29 Bn | 6.21 Bn | 149.00 Mn | 17.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.86% |
| 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% |