Discontinued — last reported Q2 '20
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 $348.94M to $333.00M. Over 4 years (FY 2021 to FY 2025), Construction in progress shows an upward trend with a 14.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
A high balance indicates significant ongoing capital expenditure and future growth potential through expanded production capacity.
Detailed definition
The accumulated costs for capital projects that are currently under construction and not yet ready for operational use....
Peer comparison
Reflects the company's current investment cycle and long-term growth strategy compared to industry peers.
ppe_construction_in_progressHistorical Data
| Q2 '21 | Q2 '22 | Q2 '23 | Q2 '24 | Q2 '25 | |
|---|---|---|---|---|---|
| Value | $195.56M | $204.02M | $342.29M | $348.94M | $333.00M |
| QoQ Change | — | +4.3% | +67.8% | +1.9% | -4.6% |
| YoY Change | — | +4.3% | +67.8% | +1.9% | -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 |
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 $348.94M 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 value of capital projects currently being built but not yet in use.