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Parker-Hannifin PH Aerospace Systems — Segment operating income

Other segment segments

Diversified Industrial
$825M+5.9%

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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:OperatingIncomeLoss.

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 — segment operating income?
Parker-Hannifin (PH) reported aerospace systems — segment operating income of $457M in Q1 2026.
How has Parker-Hannifin's aerospace systems — segment operating income changed year-over-year?
Parker-Hannifin's aerospace systems — segment operating income increased by 22.5% year-over-year, from $373M to $457M.
What is the long-term trend for Parker-Hannifin's aerospace systems — segment operating income?
Over 3 years (2022 to 2025), Parker-Hannifin's aerospace systems — segment operating income has grown at a 42.2% compound annual growth rate (CAGR), from $501.43M to $1.44B.
What does aerospace systems — segment operating income mean?
The profit generated by the aerospace segment after deducting operating expenses from net sales. This is the primary measure of the segment's core operational profitability and management's ability to control costs.