Parker-Hannifin PH
NYSE PH
$949.61 -6.26 (-0.65%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Parker-Hannifin's (PH) quarterly Tax Rate came in at 18.51% in Q2 2026, up 469.0% year-over-year from 3.25% in Q2 2025, and down 3.68% quarter-over-quarter from 19.21% in Q1 2026.

Analysis

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

Parker-Hannifin (PH) has reported Tax Rate for 18 consecutive years, with 18.51% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Tax Rate rose 469.0% year-over-year to 18.51% in Q2 2026; TTM through Jun 2026 was 20.03%, a 603.0% increase from a year earlier, with the FY2026 full-year figure at 20.03%, up 603.0% from the prior year.
  • Tax Rate was 18.51% for Q2 2026 at Parker-Hannifin, down from 19.21% in the prior quarter.
  • Over five years, Tax Rate peaked at 23.47% in Q4 2022 and troughed at 9.09% in Q2 2022.
  • A 5-year average of 17.81% and a median of 20.49% in 2024 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate sank 3217 bps in 2022 and surged 3056 bps in 2023, its largest moves.
  • Over 5 years, Tax Rate stood at 23.47% in 2022, then declined by 9 bps to 21.44% in 2023, then decreased by 13 bps to 18.61% in 2024, then increased by 11 bps to 20.58% in 2025, then declined by 10 bps to 18.51% in 2026.
  • The last three Tax Rate figures came in at 18.51% (Q2 2026), 19.21% (Q1 2026), and 20.58% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Parker-Hannifin 120.13 Bn 119.63 Bn 2.25 Bn 18.51%
2 Emerson Electric 84.24 Bn 82.06 Bn 2.66 Bn 21.62%
3 Ingersoll Rand 28.77 Bn 27.60 Bn 862.60 Mn 21.13%
4 Itt 17.74 Bn 17.14 Bn 510.10 Mn 36.02%
5 Idex 16.65 Bn 16.03 Bn 426.80 Mn 22.94%
6 Graco 12.50 Bn 11.99 Bn 316.94 Mn 20.13%
7 Watts Water Technologies 11.94 Bn 11.59 Bn 374.10 Mn 23.03%
8 Flowserve 9.61 Bn 8.88 Bn 384.73 Mn 14.41%
9 Pentair 9.26 Bn 9.17 Bn 395.00 Mn 12.46%
10 Enpro 6.36 Bn 6.28 Bn 149.00 Mn 17.63%
Historic Data

Historic Data

Download Data
DateValue
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%
Jun 30, 2022 -9.09%
Mar 31, 2022 19.79%
Dec 31, 2021 20.92%
Sep 30, 2021 21.04%