Other

Construction work in progress

Parker-Hannifin Construction work in progress decreased by 4.6% to $333.00M in Q2 2025 compared to the prior quarter. Year-over-year, this metric declined by 4.6%, from $349.00M to $333.00M. Over 4 years (FY 2021 to FY 2025), Construction work in progress shows an upward trend with a 14.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ4 2025Aug 22, 2025

How to read this metric

An increase suggests significant capital investment for future capacity or modernization, while a decrease may indicate project completions or a slowdown in infrastructure spending.

Detailed definition

This represents the total costs incurred for capital projects that are currently under construction but not yet placed i...

Peer comparison

Peers in the regulated utility sector typically maintain high levels of CWIP due to constant grid modernization and regulatory mandates.

Metric ID: other_construction_in_progress_gross

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$195.56M$204.02M$342.29M$349.00M$333.00M
QoQ Change+4.3%+67.8%+2.0%-4.6%
YoY Change+4.3%+67.8%+2.0%-4.6%
Range$195.56M$349.00M
CAGR+70.3%
Avg YoY Growth+17.4%
Median YoY Growth+3.1%

Frequently Asked Questions

What is Parker-Hannifin's construction work in progress?
Parker-Hannifin (PH) reported construction work in progress of $333.00M in Q2 2025.
How has Parker-Hannifin's construction work in progress changed year-over-year?
Parker-Hannifin's construction work in progress decreased by 4.6% year-over-year, from $349.00M to $333.00M.
What is the long-term trend for Parker-Hannifin's construction work in progress?
Over 4 years (2021 to 2025), Parker-Hannifin's construction work in progress has grown at a 14.2% compound annual growth rate (CAGR), from $195.56M to $333.00M.
What does construction work in progress mean?
The total cost of capital projects currently being built but not yet operational.