Parker-Hannifin Construction work in progress decreased by 4.6% to $333.00M in Q2 2025 compared to the prior quarter. Year-over-year, this metric declined by 4.6%, from $349.00M to $333.00M. Over 4 years (FY 2021 to FY 2025), Construction work in progress shows an upward trend with a 14.2% CAGR.
An increase suggests significant capital investment for future capacity or modernization, while a decrease may indicate project completions or a slowdown in infrastructure spending.
This represents the total costs incurred for capital projects that are currently under construction but not yet placed i...
Peers in the regulated utility sector typically maintain high levels of CWIP due to constant grid modernization and regulatory mandates.
other_construction_in_progress_gross| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $195.56M | $204.02M | $342.29M | $349.00M | $333.00M |
| QoQ Change | — | +4.3% | +67.8% | +2.0% | -4.6% |
| YoY Change | — | +4.3% | +67.8% | +2.0% | -4.6% |