Current Liabilities

Accrued Income Taxes, Current

Parker-Hannifin Accrued Income Taxes, Current decreased by 39.0% to $233.00M in Q1 2026 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityVolatile
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

An increase typically correlates with higher taxable profits, while a decrease may signal lower profitability or tax payments made.

Detailed definition

This represents the estimated amount of income tax payable to government authorities for the current period. It reflects...

Peer comparison

Standard liability for all profitable firms; peers' balances fluctuate with commodity price cycles and regional tax rates.

Metric ID: current_liabilities_accrued_income_taxes_current

Historical Data

2 periods
 Q2 '25Q1 '26
Value$382.00M$233.00M
QoQ Change-39.0%
Range$233.00M$382.00M

Frequently Asked Questions

What is Parker-Hannifin's accrued income taxes, current?
Parker-Hannifin (PH) reported accrued income taxes, current of $233.00M in Q1 2026.
What does accrued income taxes, current mean?
Income taxes owed to governments that are due within one year.