Non-Current Assets

Construction in progress

Parker-Hannifin Construction 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 in progress shows an upward trend with a 14.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ4 2015
Last reportedQ4 2025Aug 22, 2025
Parent metricPP&E (Net)

How to read this metric

High levels indicate significant ongoing investment in future capacity or infrastructure upgrades.

Detailed definition

This represents the accumulated costs of capital projects that are currently under development and have not yet been pla...

Peer comparison

Common in capital-intensive industries undergoing expansion or modernization.

Metric ID: ppe_construction_in_progress

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '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%
% of PP&E (Net)8.6%9.6%11.9%12.1%11.3%
Share Change+1.0pp+2.3pp+0.2pp-0.8pp
Range$195.56M$349.00M
CAGR+70.3%
Avg YoY Growth+17.4%
Median YoY Growth+3.1%

Construction in progress at Other Companies

Frequently Asked Questions

What is Parker-Hannifin's construction in progress?
Parker-Hannifin (PH) reported construction in progress of $333.00M in Q2 2025.
How has Parker-Hannifin's construction in progress changed year-over-year?
Parker-Hannifin's construction in progress decreased by 4.6% year-over-year, from $349.00M to $333.00M.
What is the long-term trend for Parker-Hannifin's construction in progress?
Over 4 years (2021 to 2025), Parker-Hannifin's construction in progress has grown at a 14.2% compound annual growth rate (CAGR), from $195.56M to $333.00M.
What does construction in progress mean?
The cost of capital projects currently being built but not yet ready for use.