Business Segments · Depreciation

Diversified Industrial — Depreciation

Parker-Hannifin Diversified Industrial — Depreciation increased by 1.7% to $60.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.1%, from $55.00M to $60.00M. 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

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2017
Last reportedQ3 2026May 1, 2026
Rolls up toD&A

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.

Metric ID: ph_segment_diversified_industrial_depreciation

Historical Data

20 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$57.47M$54.80M$54.80M$54.80M$54.80M$51.25M$51.25M$51.25M$51.25M$58.00M$58.00M$58.00M$58.00M$59.00M$56.00M$55.00M$58.00M$59.00M$59.00M$60.00M
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%
Range$51.25M$60.00M
CAGR+0.9%
Avg YoY Growth+1.9%
Median YoY Growth+0.0%
Current Streak4 quarters growth

Frequently Asked Questions

What is Parker-Hannifin's diversified industrial — depreciation?
Parker-Hannifin (PH) reported diversified industrial — depreciation of $60.00M 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 $55.00M to $60.00M.
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 $228.00M.
What does diversified industrial — depreciation mean?
The non-cash expense representing the wear and tear of physical assets in the Diversified Industrial segment.