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| 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 |