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
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% |
| Jun 30, 2022 | -9.09% |
| Mar 31, 2022 | 19.79% |
| Dec 31, 2021 | 20.92% |
| Sep 30, 2021 | 21.04% |