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| Date | Value |
|---|---|
| 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 |