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Parker-Hannifin PH Diversified Industrial — Depreciation

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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 diversified industrial — depreciation?
Parker-Hannifin (PH) reported diversified industrial — depreciation of $60M in Q1 2026.
How has Parker-Hannifin's diversified industrial — depreciation changed year-over-year?
Parker-Hannifin's diversified industrial — depreciation increased by 9.1% year-over-year, from $55M to $60M.
What is the long-term trend for Parker-Hannifin's diversified industrial — depreciation?
Over 3 years (2022 to 2025), Parker-Hannifin's diversified industrial — depreciation has grown at a 1.3% compound annual growth rate (CAGR), from $219.21M to $228M.
What does diversified industrial — depreciation mean?
This metric represents the systematic allocation of the cost of tangible assets over their useful lives within the Diversified Industrial segment. It serves as a non-cash expense that reflects the wear and tear or obsolescence of machinery and facilities used in production. Tracking this allows analysts to estimate the ongoing reinvestment needs required to keep the segment's industrial base operational.