Parker-Hannifin (PH) Short-term Investments (2010 - 2024)

Parker-Hannifin (PH) reported Short-term Investments of $10.0 million for Q1 2024, down 57.52% year-over-year from $23.5 million in Q2 2023, and down 9.82% quarter-over-quarter from $11.1 million in Q4 2023.

Parker-Hannifin (PH) Short-term Investments (2010 - 2024) Analysis & Trends

Parker-Hannifin (PH) has 13 years of Short-term Investments data on file, last reported at $10.0 million in Q1 2024.

  • Short-term Investments for Q1 2024 came in at $10.0 million, down 57.52% year-over-year; the trailing twelve-month figure through Mar 2024 was $10.0 million (down 57.52% YoY), and the FY2023 annual result was $8.4 million, down 69.89% from the prior year.
  • Short-term Investments declined to $10.0 million in Q1 2024 per PH's latest filing, from $11.1 million in the prior quarter.
  • Over five years, Short-term Investments peaked at $92.5 million in Q1 2020 and troughed at $7.9 million in Q3 2023.
  • A 5-year average of $33.4 million and a median of $33.5 million in 2020 frame the typical range for Short-term Investments.
  • On a YoY basis, Short-term Investments climbed as much as 31.84% in 2020 and fell as far as 88.14% in 2020.
  • A 5-year view of Short-term Investments shows it stood at $43.3 million in 2020, then dropped by 6.47% to $40.5 million in 2021, then sank by 46.65% to $21.6 million in 2022, then plunged by 48.85% to $11.1 million in 2023, then fell by 9.82% to $10.0 million in 2024.
  • Business Quant data shows PH's Short-term Investments at $10.0 million in Q1 2024, $11.1 million in Q4 2023, and $7.9 million in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 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
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn
10 Ingersoll Rand 28.28 Bn 27.07 Bn 792.40 Mn

Historic Data

Download Data
DateValue
Mar 31, 2024 9.97 Mn
Dec 31, 2023 11.05 Mn
Sep 30, 2023 7.93 Mn
Jun 30, 2023 8.39 Mn
Mar 31, 2023 23.47 Mn
Dec 31, 2022 21.61 Mn
Sep 30, 2022 19.50 Mn
Jun 30, 2022 27.86 Mn
Mar 31, 2022 38.56 Mn
Dec 31, 2021 40.51 Mn
Sep 30, 2021 40.16 Mn
Jun 30, 2021 39.12 Mn
Mar 31, 2021 40.27 Mn
Dec 31, 2020 43.31 Mn
Sep 30, 2020 33.46 Mn
Jun 30, 2020 70.81 Mn
Mar 31, 2020 92.54 Mn
Dec 31, 2019 145.12 Mn
Sep 30, 2019 282.10 Mn
Jun 30, 2019 150.93 Mn