Parker-Hannifin (PH) Short-term Investments (2014 - 2024)

Parker-Hannifin's (PH) quarterly Short-term Investments came in at $10.0 million in Q1 2024, down 57.52% year-on-year from $23.5 million in Q2 2023, and down 9.82% on a QoQ basis from $11.1 million in Q4 2023.

Parker-Hannifin (PH) Short-term Investments (2014 - 2024) Analysis & Trends

Parker-Hannifin (PH) has 11 years of Short-term Investments data on file, last reported at $10.0 million in Q1 2024.

  • On a quarterly basis, Short-term Investments fell 57.52% year-over-year to $10.0 million in Q1 2024; TTM through Mar 2024 was $10.0 million, a 57.52% decrease from a year earlier, with the FY2023 full-year figure at $8.4 million, down 69.89% from the prior year.
  • Short-term Investments for Q1 2024 stood at $10.0 million, down from $11.1 million in the prior quarter.
  • Over the last five years, Short-term Investments for PH reached as high as $92.5 million in Q1 2020 and fell as low as $7.9 million in Q3 2023.
  • Historically, Short-term Investments has averaged $33.4 million across 5 years, with a median of $33.5 million in 2020.
  • On a YoY basis, Short-term Investments climbed as much as 31.84% in 2020 and fell as far as 88.14% in 2020.
  • Year by year, Short-term Investments stood at $43.3 million in 2020, then retreated by 6.47% to $40.5 million in 2021, then slumped by 46.65% to $21.6 million in 2022, then sank by 48.85% to $11.1 million in 2023, then slipped by 9.82% to $10.0 million in 2024.
  • Per Business Quant data, the three most recent Short-term Investments figures were $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 270.93 Bn 257.81 Bn 2.36 Bn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn
10 Xylem 29.09 Bn 28.28 Bn 803.00 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