Parker-Hannifin (PH) Short-term Investments (2014 - 2024)
Parker-Hannifin (PH) reported Short-term Investments of $9.97 million for fiscal Q3 2024 (quarter ended Mar 31, 2024), down 57.5% from $23.47 million a year earlier and down 9.8% from the prior quarter.
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Analysis
Parker-Hannifin (PH) Short-term Investments (2014 - 2024) Analysis & Trends
At the end of FY2023 (ended Jun 30, 2023), Parker-Hannifin posted Short-term Investments of $8.39 million, down 69.9% from FY2022.
- Short-term Investments has declined for four consecutive fiscal years, with a five-year compound annual growth rate of -24.0% (FY2018 to FY2023).
- By fiscal year, Short-term Investments came in at $27.86 million in FY2022 (-28.8%), $39.12 million in FY2021 (-44.8%), $70.81 million in FY2020 (-53.1%) and $150.93 million in FY2019 (+357.4%).
- Five-year quarterly Short-term Investments spans a low of $7.93 million in fiscal Q1 2024 and a high of $282.1 million in fiscal Q1 2020.
- Year over year, Short-term Investments has now declined in each of the last ten quarters, with an average decline of 50.2% over the last eight quarters.
- The high point for year-over-year Short-term Investments in five years was fiscal Q1 2020 (growth of 591.6%); the low point was fiscal Q1 2021 (a decline of 88.1%).
- Per Business Quant data, the three fiscal quarters before Q3 2024 came in at $11.05 million (Q2 2024), $7.93 million (Q1 2024) and $8.39 million (Q4 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 351.72 Bn | 323.42 Bn | 7.76 Bn |
| 2 | Amphenol | 209.71 Bn | 204.29 Bn | 3.55 Bn |
| 3 | Deere | 174.37 Bn | 142.46 Bn | 4.66 Bn |
| 4 | Eaton | 165.35 Bn | 162.53 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.55 Bn | 118.67 Bn | 2.25 Bn |
| 6 | Emerson Electric | 90.78 Bn | 83.52 Bn | 2.66 Bn |
| 7 | Vertiv Holdings | 90.21 Bn | 80.83 Bn | 1.23 Bn |
| 8 | 3M | 83.91 Bn | 65.31 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 75.91 Bn | 72.47 Bn | 1.90 Bn |
| 10 | Cummins | 72.58 Bn | 68.66 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Parker-Hannifin Short-term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=short-term-investments&ticker=PH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "ticker": "PH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=short-term-investments&ticker=PH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();