Parker-Hannifin (PH) Tax Rate (2009 - 2026)

Parker-Hannifin's (PH) quarterly Tax Rate came in at 19.21% in Q1 2026, up 1590.0% year-on-year from 1.14% in Q1 2025, and down 6.65% on a QoQ basis from 20.58% in Q4 2025.

Parker-Hannifin (PH) Tax Rate (2009 - 2026) Analysis & Trends

Parker-Hannifin (PH) has 18 years of Tax Rate data on file, last reported at 19.21% in Q1 2026.

  • On a quarterly basis, Tax Rate rose 1590.0% year-over-year to 19.21% in Q1 2026; TTM through Mar 2026 was 18.96%, a 334.0% increase from a year earlier, with the FY2025 full-year figure at 14.0%, down 686.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 19.21%, down from 20.58% in the prior quarter.
  • Over the last five years, Tax Rate for PH reached as high as 23.47% in Q4 2022 and fell as low as 9.09% in Q2 2022.
  • Historically, Tax Rate has averaged 17.76% across 5 years, with a median of 20.58% in 2025.
  • Across the five-year window, Tax Rate slumped 3217 bps in 2022 and jumped 3056 bps in 2023, its largest moves.
  • Year by year, Tax Rate stood at 23.47% in 2022, then slipped by 9 bps to 21.44% in 2023, then fell by 13 bps to 18.61% in 2024, then climbed by 11 bps to 20.58% in 2025, then declined by 7 bps to 19.21% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 19.21% in Q1 2026, 20.58% in Q4 2025, and 22.31% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 29.84
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 21.68
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 19.21
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 27.19
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 22.07
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 20.58
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 18.99
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 20.23
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 15.70
10 Xylem 29.09 Bn 28.28 Bn 803.00 Mn 22.54

Historic Data

Download Data
DateValue
Mar 31, 2026 19.21
Mar 31, 2026 19.21
Mar 31, 2026 19.21
Dec 31, 2025 20.58
Dec 31, 2025 20.58
Dec 31, 2025 20.58
Sep 30, 2025 22.31
Sep 30, 2025 22.31
Sep 30, 2025 22.31
Jun 30, 2025 13.82
Jun 30, 2025 13.82
Jun 30, 2025 13.82
Mar 31, 2025 3.32
Mar 31, 2025 3.32
Mar 31, 2025 3.32
Dec 31, 2024 18.61
Dec 31, 2024 18.61
Dec 31, 2024 18.61
Sep 30, 2024 20.23
Sep 30, 2024 20.23