PH

Parker-Hannifin Corporation

Industrials Specialty Industrial Machinery NYSE

About the company

Parker Hannifin, founded in 1917, has grown into a global leader in motion and control technologies. With operations in over 50 countries and a workforce of approximately 58,000 employees, the company has established itself as a reliable provider of innovative solutions across numerous industries. The diversified industrial segment of Parker Hannifin spans a wide range of end markets, catering to the needs of various sectors. One key group within this segment is the engineered materials division. This division specializes in producing high-quality sealing devices that are critical components in many industrial applications. These sealing devices are designed to ensure the integrity and efficiency of systems by preventing leakage of liquids or gases. Their products find applications in areas such as automotive, construction, and manufacturing. Another important group within the diversified industrial segment is the filtration division. Parker Hannifin excels in providing cutting-edge filtration solutions, including filters and systems that monitor and remove contaminants from liquids and gases. This is crucial in industries such as oil and gas, pharmaceuticals, and water treatment, where the purity of fluids is of utmost importance. By offering reliable filtration products and systems, Parker Hannifin plays a vital role in ensuring the efficiency and safety of these industries. Fluid connectors form another significant group within the diversified industrial segment. Parker Hannifin produces a wide range of valves, couplings, and other fittings that enable the seamless flow of fluids in various applications. These components are essential for the proper functioning of hydraulic, pneumatic, and fluid systems in industries such as aerospace, agriculture, and industrial machinery. Through its fluid connectors, Parker Hannifin ensures the smooth operation of critical infrastructure and machinery, enhancing productivity and safety. The instrumentation group is yet another important division of Parker Hannifin's diversified industrial segment. This group focuses on providing flow manufacturing components and fluid control applications. These products are utilized in industries ranging from oil and gas to food and beverage, where precise measurement and control of fluids are paramount. By leveraging advanced technologies, Parker Hannifin enables these industries to optimize their processes and improve overall efficiency. The motion systems group is a key player in the diversified industrial segment. This division specializes in manufacturing hydraulic, pneumatic, and electromechanical components used in industrial machinery and equipment. By offering a comprehensive portfolio of components, Parker Hannifin ensures seamless motion control, enhancing the performance and reliability of numerous manufacturing processes. This group's products find applications in industries such as automotive, aerospace, and factory automation. Furthermore, Parker Hannifin's diversified industrial segment benefits from its extensive network of 15,500 independent distributors. This widespread distribution network ensures a broad reach and allows the company to efficiently serve customers worldwide. With approximately 40% of its business occurring outside of the United States, Parker Hannifin has successfully established a global presence and remains well-positioned to capitalize on opportunities in international markets. In conclusion, Parker Hannifin's diversified industrial segment encompasses various groups that offer a wide range of products and solutions across numerous industries. Through its engineered materials, filtration, fluid connectors, instrumentation, and motion systems divisions, the company consistently delivers reliable and innovative technologies. Supported by a vast network of distributors, Parker Hannifin continues to expand its global footprint and remain a leader in the industrial conglomerate space.

Website: https://www.parker.com

Data updated: May 2, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Industrials · 701 peers in sector

Metric PH Sector median Vs. industry
P/E 33.56 26.44 ↑ Above average
EPS 27.10 USD 0.32 USD ↑ Above average
Dividend yield 0.76% 1.11% ↓ Below average
Profit margin 17.29% 1.68% ↑ Above average
ROE 25.78% 3.67% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

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Frequently Asked Questions

What is Parker-Hannifin Corporation?
Parker Hannifin, founded in 1917, has grown into a global leader in motion and control technologies. With operations in over 50 countries and a workforce of approximately 58,000 employees, the company has established itself as a reliable provider of innovative solutions across numerous industries. The diversified industrial segment of Parker Hannifin spans a wide range of end markets, catering to the needs of various sectors. One key group within this segment is the engineered materials division. This division specializes in producing high-quality sealing devices that are critical components in many industrial applications. These sealing devices are designed to ensure the integrity and efficiency of systems by preventing leakage of liquids or gases. Their products find applications in areas such as automotive, construction, and manufacturing. Another important group within the diversified industrial segment is the filtration division. Parker Hannifin excels in providing cutting-edge filtration solutions, including filters and systems that monitor and remove contaminants from liquids and gases. This is crucial in industries such as oil and gas, pharmaceuticals, and water treatment, where the purity of fluids is of utmost importance. By offering reliable filtration products and systems, Parker Hannifin plays a vital role in ensuring the efficiency and safety of these industries. Fluid connectors form another significant group within the diversified industrial segment. Parker Hannifin produces a wide range of valves, couplings, and other fittings that enable the seamless flow of fluids in various applications. These components are essential for the proper functioning of hydraulic, pneumatic, and fluid systems in industries such as aerospace, agriculture, and industrial machinery. Through its fluid connectors, Parker Hannifin ensures the smooth operation of critical infrastructure and machinery, enhancing productivity and safety. The instrumentation group is yet another important division of Parker Hannifin's diversified industrial segment. This group focuses on providing flow manufacturing components and fluid control applications. These products are utilized in industries ranging from oil and gas to food and beverage, where precise measurement and control of fluids are paramount. By leveraging advanced technologies, Parker Hannifin enables these industries to optimize their processes and improve overall efficiency. The motion systems group is a key player in the diversified industrial segment. This division specializes in manufacturing hydraulic, pneumatic, and electromechanical components used in industrial machinery and equipment. By offering a comprehensive portfolio of components, Parker Hannifin ensures seamless motion control, enhancing the performance and reliability of numerous manufacturing processes. This group's products find applications in industries such as automotive, aerospace, and factory automation. Furthermore, Parker Hannifin's diversified industrial segment benefits from its extensive network of 15,500 independent distributors. This widespread distribution network ensures a broad reach and allows the company to efficiently serve customers worldwide. With approximately 40% of its business occurring outside of the United States, Parker Hannifin has successfully established a global presence and remains well-positioned to capitalize on opportunities in international markets. In conclusion, Parker Hannifin's diversified industrial segment encompasses various groups that offer a wide range of products and solutions across numerous industries. Through its engineered materials, filtration, fluid connectors, instrumentation, and motion systems divisions, the company consistently delivers reliable and innovative technologies. Supported by a vast network of distributors, Parker Hannifin continues to expand its global footprint and remain a leader in the industrial conglomerate space.
Are Parker-Hannifin Corporation shares expensive?
The price-to-earnings (P/E) ratio of Parker-Hannifin Corporation is 33.56 — the share price is 33.56 times the annual profit per share. That is higher than the typical company in the same industry (industry median: 26.44). This is information, not a recommendation.
How big is Parker-Hannifin Corporation?
The market capitalization of Parker-Hannifin Corporation — the combined value of all its shares — is 114.78 B USD. The higher the market cap, the larger the company.
Does Parker-Hannifin Corporation pay dividends?
The dividend yield of Parker-Hannifin Corporation is 0.76% — it shows the annual dividend relative to the share price. This is information, not a recommendation.
What sector does Parker-Hannifin Corporation belong to?
Parker-Hannifin Corporation operates in the Industrials sector, industry: Specialty Industrial Machinery.

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