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