Parker-Hannifin (PH) Tax Rate (2009 - 2026)
Parker-Hannifin (PH) reported Tax Rate of 18.51% for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 4.69 percentage points from 13.82% a year earlier but down 0.71 percentage points from the prior quarter.
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Analysis
Parker-Hannifin (PH) Tax Rate (2009 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Parker-Hannifin posted Tax Rate of 20.03%, up 6.03 percentage points from FY2025.
- Tax Rate has a five-year change of -2.23 percentage points (FY2021 to FY2026).
- By fiscal year, Tax Rate came in at 14.00% in FY2025 (-6.86 pp), 20.86% in FY2024 (-1.38 pp), 22.24% in FY2023 (+3.78 pp) and 18.46% in FY2022 (-3.79 pp).
- Five-year quarterly Tax Rate spans a low of -9.09% in fiscal Q4 2022 and a high of 23.47% in fiscal Q2 2023.
- Year over year, Tax Rate has now increased in each of the last four quarters, with an average year-over-year change of -0.36 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was fiscal Q4 2023 (a gain of 30.56 percentage points); the low point was fiscal Q4 2022 (a drop of 32.17 percentage points).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at 19.21% (Q3 2026), 20.58% (Q2 2026) and 22.31% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 24.54% |
| 10 | Cummins | 71.32 Bn | 68.45 Bn | 2.47 Bn | 25.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.51% |
| Mar 31, 2026 | 19.21% |
| Dec 31, 2025 | 20.58% |
| Sep 30, 2025 | 22.31% |
| Jun 30, 2025 | 13.82% |
| Mar 31, 2025 | 3.32% |
| Dec 31, 2024 | 18.61% |
| Sep 30, 2024 | 20.23% |
| Jun 30, 2024 | 20.40% |
| Mar 31, 2024 | 21.01% |
| Dec 31, 2023 | 21.44% |
| Sep 30, 2023 | 20.64% |
| Jun 30, 2023 | 21.47% |
| Mar 31, 2023 | 21.87% |
| Dec 31, 2022 | 23.47% |
| Sep 30, 2022 | 22.91% |
| Mar 31, 2022 | 19.79% |
| Dec 31, 2021 | 20.92% |
| Sep 30, 2021 | 21.04% |
| Jun 30, 2021 | 23.09% |
API Access
Parker-Hannifin Tax Rate 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=tax-rate&ticker=PH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=PH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();