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Parker-Hannifin PH Net Operating Loss Carryforwards

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Other financials

Income statement

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Revenue$5.8B+9.8%
Gross profit$2.2B+14.8%
Net income$1.1B+18.2%
EPS (diluted)$8.54+19.4%

Balance sheet

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Cash & equivalents$501.0M+7.3%
Total debt$9.9B+19.4%
Total equity$15.4B+12.6%
Total assets$30.9B+4.7%

Cash flow

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Operating cash flow$1.7B+18.3%
CapEx$173.0M+32.1%
Free cash flow$1.6B+17.0%

Valuation

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Market cap$134.89B+51.4%
P/E37×+11.8×
P/S6.3×+1.8×

Profitability

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Gross margin37.7%+0.8pp
Net margin17%-0.8pp
FCF margin18.2%+1.3pp

Returns & leverage

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Return on equity25.1%-2.3pp
Debt / equity0.7×+0.1×
Current ratio1.3×+0.1×

Where this comes from

Reported directly by Parker-Hannifin in its filing.

Tagged under the XBRL concept us-gaap:OperatingLossCarryforwards.

The source filing: Parker-Hannifin’s 10-K, filed August 22, 2025.

Filed
Aug 22, 2025
Fiscal year
FY2025
Accession
0000076334-25-000035

As of June 30, 2025, we recorded deferred tax assets of $114 million resulting from $492 million in loss carryforwards. A valuation allowance of $106 million related to the loss carryforwards has been established due to the uncertainty of their realization. Of this valuation allowance, $92 million relates to non-operating entities whose loss carryforward utilization is considered to be remote. Some of the loss carryforwards can be carried forward indefinitely; others can be carried forward from three years to 20 years. In addition, a valuation allowance of $35 million related to other future deductible items has been established due to the uncertainty of their realization.

ITEM 8. Financial Statements and Supplementary Data.

FAQ

What is Parker-Hannifin's net operating loss carryforwards?
Parker-Hannifin (PH) reported net operating loss carryforwards of $492M in Q2 2025.
What is the long-term trend for Parker-Hannifin's net operating loss carryforwards?
Over 4 years (2021 to 2025), Parker-Hannifin's net operating loss carryforwards has grown at a 123.5% compound annual growth rate (CAGR), from $19.71M to $492M.
What does net operating loss carryforwards mean?
These are tax assets representing losses that can be used to reduce taxable income in future periods. They provide a potential future tax shield, improving cash flow by lowering future tax payments. Investors monitor these to estimate the duration and magnitude of potential tax savings.

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