Non-Current Assets
Goodwill
Parker-Hannifin Goodwill decreased by 0.5% to $11.10B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.1%, from $10.46B to $11.10B. Over 4 years (FY 2021 to FY 2025), Goodwill shows an upward trend with a 7.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ3 2026May 1, 2026
How to read this metric
A high or increasing balance indicates significant acquisition activity, while a sudden decrease signals potential impairment charges due to underperforming acquisitions.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
Standard for companies pursuing inorganic growth; analysts monitor this closely for potential write-down risks.
Metric ID:
goodwillHistorical Data
20 periods
| 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 | $8.06B | $8.01B | $8.00B | $7.95B | $7.74B | $10.38B | $10.67B | $10.83B | $10.63B | $10.52B | $10.67B | $10.58B | $10.51B | $10.63B | $10.36B | $10.46B | $10.69B | $11.14B | $11.15B | $11.10B |
| QoQ Change | — | -0.6% | -0.1% | -0.6% | -2.7% | +34.2% | +2.7% | +1.5% | -1.9% | -1.0% | +1.4% | -0.9% | -0.7% | +1.1% | -2.5% | +1.0% | +2.2% | +4.2% | +0.1% | -0.5% |
| YoY Change | — | — | — | — | -4.0% | +29.7% | +33.4% | +36.2% | +37.3% | +1.3% | +0.0% | -2.3% | -1.1% | +1.0% | -2.9% | -1.1% | +1.8% | +4.9% | +7.6% | +6.1% |
Range$7.74B – $11.15B
CAGR+7.0%
Avg YoY Growth+9.2%
Median YoY Growth+1.6%
Business Segments
| Segment | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Diversified Industrial | $7.61B | $7.69B | $7.47B | $7.55B | $7.73B | $8.18B | $8.19B | $8.15B |
| Aerospace Systems | $2.90B | $2.94B | $2.89B | $2.91B | $2.97B | $2.96B | $2.96B | $2.95B |
| Total | $10.51B | $10.63B | $10.36B | $10.46B | $10.69B | $11.14B | $11.15B | $11.10B |
Goodwill at Other Companies
Frequently Asked Questions
- What is Parker-Hannifin's goodwill?
- Parker-Hannifin (PH) reported goodwill of $11.10B in Q1 2026.
- How has Parker-Hannifin's goodwill changed year-over-year?
- Parker-Hannifin's goodwill increased by 6.1% year-over-year, from $10.46B to $11.10B.
- What is the long-term trend for Parker-Hannifin's goodwill?
- Over 4 years (2021 to 2025), Parker-Hannifin's goodwill has grown at a 7.3% compound annual growth rate (CAGR), from $8.06B to $10.69B.
- What does goodwill mean?
- The excess purchase price paid for an acquisition over the fair value of its net assets.