Parker-Hannifin is a global leader in motion and control technologies, specializing in the design and manufacture of highly engineered solutions. The company provides critical components and systems for a wide range of industrial, mobile, and aerospace applications, leveraging a decentralized structure and its proprietary Win Strategy to drive operational excellence. Its value proposition centers on a broad portfolio of interconnected technologies that solve complex engineering challenges for OEM and aftermarket customers.
Based on Q3 2026 filing
This segment provides a vast array of motion-control systems and components to original equipment manufacturers and distributors. It serves diverse market verticals including transportation, energy, HVAC, and general industrial equipment with both standard and custom-engineered products.
High Purity Fittings, Cryogenic Valves, Pneumatic Actuators, Electromagnetic Interface Shielding, Hydraulic Pumps & Motors, Structural Adhesives, Thermal Management solutions
Original Equipment Manufacturers (OEMs), Industrial Distributors, Aftermarket Replacement Providers
This segment designs and manufactures airframe and engine components for commercial and military aircraft. It provides full-lifecycle support, from initial design for new aircraft programs to aftermarket parts and maintenance services for end users.
Flight Control Systems, Fuel Tank Inerting Systems, Electric & Hydraulic Braking Systems, Avionics, Engine Exhaust Systems, Fire Detection & Suppression
Commercial Aircraft OEMs, Military/Defense Agencies, Airlines, Maintenance, Repair, and Overhaul (MRO) Providers
A market leader in motion and control technologies with a unique breadth of interconnected solutions across hydraulics, pneumatics, and electromechanical systems.
North America, Europe, Asia-Pacific, Global
Aerospace, Industrial Manufacturing, Energy, Transportation, HVAC
Steel and non-ferrous metal suppliers, Rubber and thermoplastic producers, Chemical manufacturers, Electric power utilities
Commercial aircraft manufacturers, Defense contractors, Industrial equipment operators, HVAC installers, Automotive and heavy truck OEMs
Eaton Corporation
ETN
Competitor in Aerospace Systems
Barnes Group
B
Competitor in motion and control technologies
Emerson Electric
EMR
Competitor through Emerson Climate Technologies and ASCO
Honeywell International
HON
Competitor in Aerospace Systems
Woodward
WWD
Competitor in motion and fluid control systems
Raytheon Technologies
RTX
Competitor in Aerospace Systems
Moog Inc.
MOG.A
Competitor in Aerospace Systems
Advanced Atomization Technologies
Joint venture mentioned in executive biographies
Meggitt plc
Major aerospace acquisition completed in 2022
Curtis Instruments, Inc.
Acquisition announced from Rehlko
LORD Corporation
Acquired provider of adhesives and vibration control
Common questions about Parker-Hannifin
Parker-Hannifin is a global leader in motion and control technologies, specializing in the design and manufacture of highly engineered solutions. The company provides critical components and systems for a wide range of industrial, mobile, and aerospace applications, leveraging a decentralized structure and its proprietary Win Strategy to drive operational excellence. Its value proposition centers on a broad portfolio of interconnected technologies that solve complex engineering challenges for OEM and aftermarket customers.
Parker-Hannifin (PH) has a market capitalization of $109.31B and trades on NYSE.
Parker-Hannifin generated $21.0B in trailing twelve-month revenue with net income of $3.5B, representing a net margin of 16.6%. Gross margin stands at 37.2%, with free cash flow of $3.7B. These figures are based on the Q1 2026 filing.
Parker-Hannifin's key competitors include Eaton Corporation plc, Barrick Mining Corporation, Emerson Electric Co., and others. These companies compete in similar markets and product categories.
Parker-Hannifin has approximately 62,730 employees.