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

Parker-Hannifin (PH) reported Tax Rate of 19.21% for Q1 2026, up 1590.0% year-over-year from 1.14% in Q1 2025, and down 6.65% quarter-over-quarter 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.

  • Tax Rate for Q1 2026 came in at 19.21%, up 1590.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 18.96% (up 334.0% YoY), and the FY2025 annual result was 14.0%, down 686.0% from the prior year.
  • Tax Rate fell to 19.21% in Q1 2026 per PH's latest filing, from 20.58% 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 17.76% and a median of 20.58% in 2025 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 3217 bps in 2022, then soared 3056 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 23.47% in 2022, then fell by 9 bps to 21.44% in 2023, then slipped by 13 bps to 18.61% in 2024, then rose by 11 bps to 20.58% in 2025, then decreased by 7 bps to 19.21% in 2026.
  • Business Quant data shows PH's Tax Rate at 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 251.14 Bn 242.11 Bn 1.78 Bn 6.94%
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 21.68%
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 19.21%
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 27.19%
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 22.07%
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 20.58%
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 18.99%
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 20.23%
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 20.12%
10 Ingersoll Rand 28.28 Bn 27.07 Bn 792.40 Mn 15.70%

Historic Data

Download Data
DateValue
Mar 31, 2026 19.21%
Mar 31, 2026 19.21%
Dec 31, 2025 20.58%
Dec 31, 2025 20.58%
Sep 30, 2025 22.31%
Sep 30, 2025 22.31%
Jun 30, 2025 13.82%
Jun 30, 2025 13.82%
Mar 31, 2025 3.32%
Mar 31, 2025 3.32%
Dec 31, 2024 18.61%
Dec 31, 2024 18.61%
Sep 30, 2024 20.23%
Sep 30, 2024 20.23%
Jun 30, 2024 20.40%
Jun 30, 2024 20.40%
Mar 31, 2024 21.01%
Mar 31, 2024 21.01%
Dec 31, 2023 21.44%
Dec 31, 2023 21.44%