Defined Benefit Pension Plan Liabilities (Non-Current)
Parker-Hannifin Defined Benefit Pension Plan Liabilities (Non-Current) decreased by 2.5% to $233.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 40.2%, from $389.89M to $233.00M. Over 4 years (FY 2021 to FY 2025), Defined Benefit Pension Plan Liabilities (Non-Current) shows a downward trend with a -29.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase indicates a growing pension deficit, potentially requiring higher future cash contributions, while a decrease signals improved funding status.
Detailed definition
This represents the long-term liability recognized when the projected benefit obligation of a defined benefit pension pl...
Peer comparison
Standard for mature companies with legacy pension obligations to their workforce.
defined_benefit_plan_liabilities_noncurrentHistorical Data
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.06B | $997.39M | $959.74M | $904.33M | $639.94M | $770.03M | $807.12M | $781.14M | $551.51M | $493.28M | $482.75M | $455.25M | $437.00M | $427.70M | $409.87M | $389.89M | $267.00M | $253.00M | $239.00M | $233.00M |
| QoQ Change | — | -5.5% | -3.8% | -5.8% | -29.2% | +20.3% | +4.8% | -3.2% | -29.4% | -10.6% | -2.1% | -5.7% | -4.0% | -2.1% | -4.2% | -4.9% | -31.5% | -5.2% | -5.5% | -2.5% |
| YoY Change | — | — | — | — | -39.4% | -22.8% | -15.9% | -13.6% | -13.8% | -35.9% | -40.2% | -41.7% | -20.8% | -13.3% | -15.1% | -14.4% | -38.9% | -40.8% | -41.7% | -40.2% |
Defined Benefit Pension Plan Liabilities (Non-Current) at Other Companies
Frequently Asked Questions
- What is Parker-Hannifin's defined benefit pension plan liabilities (non-current)?
- Parker-Hannifin (PH) reported defined benefit pension plan liabilities (non-current) of $233.00M in Q1 2026.
- How has Parker-Hannifin's defined benefit pension plan liabilities (non-current) changed year-over-year?
- Parker-Hannifin's defined benefit pension plan liabilities (non-current) decreased by 40.2% year-over-year, from $389.89M to $233.00M.
- What is the long-term trend for Parker-Hannifin's defined benefit pension plan liabilities (non-current)?
- Over 4 years (2021 to 2025), Parker-Hannifin's defined benefit pension plan liabilities (non-current) has grown at a -29.1% compound annual growth rate (CAGR), from $1.06B to $267.00M.
- What does defined benefit pension plan liabilities (non-current) mean?
- The long-term shortfall in funding for company-sponsored pension plans.