What is Parker-Hannifin's contract assets, net?

Parker-Hannifin (PH) reported contract assets, net of $70.00M in Q2 2025.

What is the long-term trend for Parker-Hannifin's contract assets, net?

Over 3 years (2022 to 2025), Parker-Hannifin's contract assets, net has grown at a 68.4% compound annual growth rate (CAGR), from $14.65M to $70.00M.

What does contract assets, net mean?

The value of work performed for customers that has not yet been billed because payment conditions have not been met.

Current Assets

Contract Assets, Net

Parker-Hannifin Contract Assets, Net increased by 3.1% to $70.00M in Q2 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Contract Assets, Net shows an upward trend with a 68.4% CAGR.

Analysis

StatementBalance Sheet Statement

SectionCurrent Assets

CategoryEfficiency

SignalContext dependent

VolatilityModerate

First reportedQ4 2023

Last reportedQ3 2025

How to read this metric

An increase indicates significant progress on contracts that will eventually be billed, while a decrease may signal successful billing or project completion.

Detailed definition

This represents the company's right to consideration for goods or services already transferred to a customer, where the...

Peer comparison

Common in industries with long-term construction, defense, or aerospace contracts where billing is milestone-based.

Metric ID: contract_assets_net

Historical Data

4 periods

	Q2 '22	Q2 '23	Q2 '24	Q2 '25
Value	$14.65M	$96.50M	$67.92M	$70.00M
QoQ Change	—	+558.8%	-29.6%	+3.1%
YoY Change	—	+558.8%	-29.6%	+3.1%

Range$14.65M – $96.50M

Avg YoY Growth+177.4%

Median YoY Growth+3.1%

Frequently Asked Questions

What is Parker-Hannifin's contract assets, net?: Parker-Hannifin (PH) reported contract assets, net of $70.00M in Q2 2025.
What is the long-term trend for Parker-Hannifin's contract assets, net?: Over 3 years (2022 to 2025), Parker-Hannifin's contract assets, net has grown at a 68.4% compound annual growth rate (CAGR), from $14.65M to $70.00M.
What does contract assets, net mean?: The value of work performed for customers that has not yet been billed because payment conditions have not been met.