Aerospace Systems — Depreciation
Parker-Hannifin Aerospace Systems — Depreciation increased by 8.7% to $25.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.7%, from $28.00M to $25.00M. Over 4 years (FY 2021 to FY 2025), Aerospace Systems — Depreciation shows an upward trend with a 37.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Rising depreciation relative to assets may signal an aging asset base, while stable levels indicate consistent asset utilization and replacement cycles.
Detailed definition
This metric measures the systematic allocation of the cost of tangible assets over their useful lives within the aerospa...
Peer comparison
Standard across industrial and aerospace peers as part of segment-level operating expense reporting.
ph_segment_aerospace_systems_depreciationHistorical Data
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.04M | $7.39M | $7.39M | $7.39M | $7.39M | $26.00M | $26.00M | $26.00M | $26.00M | $27.00M | $27.00M | $27.00M | $27.00M | $28.00M | $28.00M | $28.00M | $30.00M | $30.00M | $23.00M | $25.00M |
| QoQ Change | — | -8.0% | +0.0% | +0.0% | +0.0% | +251.6% | +0.0% | +0.0% | +0.0% | +3.8% | +0.0% | +0.0% | +0.0% | +3.7% | +0.0% | +0.0% | +7.1% | +0.0% | -23.3% | +8.7% |
| YoY Change | — | — | — | — | -8.0% | +251.6% | +251.6% | +251.6% | +251.6% | +3.8% | +3.8% | +3.8% | +3.8% | +3.7% | +3.7% | +3.7% | +11.1% | +7.1% | -17.9% | -10.7% |
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Frequently Asked Questions
- What is Parker-Hannifin's aerospace systems — depreciation?
- Parker-Hannifin (PH) reported aerospace systems — depreciation of $25.00M in Q1 2026.
- How has Parker-Hannifin's aerospace systems — depreciation changed year-over-year?
- Parker-Hannifin's aerospace systems — depreciation decreased by 10.7% year-over-year, from $28.00M to $25.00M.
- What is the long-term trend for Parker-Hannifin's aerospace systems — depreciation?
- Over 4 years (2021 to 2025), Parker-Hannifin's aerospace systems — depreciation has grown at a 37.2% compound annual growth rate (CAGR), from $32.15M to $114.00M.
- What does aerospace systems — depreciation mean?
- The non-cash expense representing the gradual loss in value of physical assets used in the aerospace business.