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Parker-Hannifin PH Aerospace Systems — Depreciation

Other segment segments

Diversified Industrial
$60M+9.1%

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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 debt$9.9B+19.4%
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+17.0%
Free cash flow$881.0M+62.5%

Valuation

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Market cap$124.26B+33.3%
P/E35.7×+9.3×
P/S5.9×+1.2×

Profitability

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Gross margin37.2%+0.7pp
Net margin16.6%-0.6pp
FCF margin17.5%+1.7pp

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

Reported directly by Parker-Hannifin in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

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 aerospace systems — depreciation?
Parker-Hannifin (PH) reported aerospace systems — depreciation of $25M in Q1 2026.
How has Parker-Hannifin's aerospace systems — depreciation changed year-over-year?
Parker-Hannifin's aerospace systems — depreciation decreased by 10.7% year-over-year, from $28M to $25M.
What is the long-term trend for Parker-Hannifin's aerospace systems — depreciation?
Over 3 years (2022 to 2025), Parker-Hannifin's aerospace systems — depreciation has grown at a 56.8% compound annual growth rate (CAGR), from $29.58M to $114M.
What does aerospace systems — depreciation mean?
This metric measures the systematic allocation of the cost of tangible assets over their useful lives within the aerospace systems segment. It reflects the wear and tear or obsolescence of machinery, tooling, and facilities used to manufacture aerospace components. Monitoring this helps analysts understand the age of the asset base and the ongoing reinvestment needs of the segment.