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Parker-Hannifin PH Interest coverage

Interest coverage at other companies

Barnes Group logo
Barnes GroupB
1.2×-0.9×
Raytheon Technologies logo
Raytheon TechnologiesRTX
101.5×+99.9×
Woodward logo
WoodwardWWD
15.2×+4.9×
Honeywell International logo
Honeywell InternationalHON
4.5×-1.9×
Eaton Corporation logo
Eaton CorporationETN
16.5×-20.2×
Comfort Systems USA logo
Comfort Systems USAFIX
143.3×+25.8×

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
Debt / equity0.7×+0.1×
Current ratio1.1×-0.1×

Where this comes from

Calculated from Parker-Hannifin’s reported figures.

Based on trailing twelve months.

The official record: Parker-Hannifin’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Parker-Hannifin's interest coverage?
Parker-Hannifin (PH) reported interest coverage of 11.6× in Q1 2026.
How has Parker-Hannifin's interest coverage changed year-over-year?
Parker-Hannifin's interest coverage increased by 11.8% year-over-year, from 10.4× to 11.6×.
What is the long-term trend for Parker-Hannifin's interest coverage?
Over 4 years (2021 to 2025), Parker-Hannifin's interest coverage has grown at a 5.7% compound annual growth rate (CAGR), from 31.7× to 39.6×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.