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| 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 |