Diversified Industrial — Depreciation
Parker-Hannifin Diversified Industrial — Depreciation increased by 1.7% to $60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.1%, from $55M to $60M. Over 4 years (FY 2021 to FY 2025), Diversified Industrial — Depreciation shows relatively stable performance with a -0.2% 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 indicate an aging asset base, while stable levels suggest consistent investment in new equipment.
Detailed definition
This metric represents the systematic allocation of the cost of tangible assets over their useful lives within the Diver...
Peer comparison
Comparable to segment-level depreciation expenses reported by other capital-intensive industrial manufacturing firms.
ph_segment_diversified_industrial_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 | $57.47M | $54.8M | $54.8M | $54.8M | $54.8M | $51.25M | $51.25M | $51.25M | $51.25M | $58M | $58M | $58M | $58M | $59M | $56M | $55M | $58M | $59M | $59M | $60M |
| QoQ Change | — | -4.6% | +0.0% | +0.0% | +0.0% | -6.5% | +0.0% | +0.0% | +0.0% | +13.2% | +0.0% | +0.0% | +0.0% | +1.7% | -5.1% | -1.8% | +5.5% | +1.7% | +0.0% | +1.7% |
| YoY Change | — | — | — | — | -4.6% | -6.5% | -6.5% | -6.5% | -6.5% | +13.2% | +13.2% | +13.2% | +13.2% | +1.7% | -3.4% | -5.2% | +0.0% | +0.0% | +5.4% | +9.1% |
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Frequently Asked Questions
- What is Parker-Hannifin's diversified industrial — depreciation?
- Parker-Hannifin (PH) reported diversified industrial — depreciation of $60M in Q1 2026.
- How has Parker-Hannifin's diversified industrial — depreciation changed year-over-year?
- Parker-Hannifin's diversified industrial — depreciation increased by 9.1% year-over-year, from $55M to $60M.
- What is the long-term trend for Parker-Hannifin's diversified industrial — depreciation?
- Over 4 years (2021 to 2025), Parker-Hannifin's diversified industrial — depreciation has grown at a -0.2% compound annual growth rate (CAGR), from $229.89M to $228M.
- What does diversified industrial — depreciation mean?
- The non-cash expense representing the wear and tear of physical assets in the Diversified Industrial segment.