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Parker-Hannifin PH Debt-to-equity

Debt-to-equity at other companies

Barnes Group logo
Barnes GroupB
0.9×-0.1×
Emerson Electric logo
Emerson ElectricEMR
0.4×-0.1×
Raytheon Technologies logo
Raytheon TechnologiesRTX
0.6×-0.1×
Woodward logo
WoodwardWWD
0.4×+0.1×
Honeywell International logo
Honeywell InternationalHON
2.8×+0.8×
Eaton Corporation logo
Eaton CorporationETN
0.2×-0.3×

Other financials

Income statement

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Revenue$5.5B+10.6%
Gross profit$2.0B+10.2%
Net income$904.0M-6.0%
EPS (diluted)$7.06-4.2%

Balance sheet

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Cash & equivalents$476.0M+16.5%
Total equity$14.6B+9.1%
Total assets$30.7B+6.1%

Cash flow

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Operating cash flow$984.0M+56.2%
CapEx$103.0M+17.1%
Free cash flow$881.0M+62.6%

Valuation

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Market cap$119.27B+44.4%
P/E34.3×+9.9×
P/S5.7×+1.5×

Profitability

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Gross margin37.2%+0.7pp
Net margin16.6%-0.6pp

Returns & leverage

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Return on equity24.9%-2.3pp
Current ratio1.1×-0.1×

Where this comes from

Calculated from Parker-Hannifin’s reported figures.

Based on the most recent quarter.

The official record: Parker-Hannifin’s 10-Q, filed January 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Parker-Hannifin's debt-to-equity?
Parker-Hannifin (PH) reported debt-to-equity of 0.7× in Q4 2025.
How has Parker-Hannifin's debt-to-equity changed year-over-year?
Parker-Hannifin's debt-to-equity increased by 9.4% year-over-year, from 0.6× to 0.7×.
What is the long-term trend for Parker-Hannifin's debt-to-equity?
Over 4 years (2021 to 2025), Parker-Hannifin's debt-to-equity has grown at a -9.2% compound annual growth rate (CAGR), from 3.9× to 2.7×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.