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Parker-Hannifin PH Quick ratio

Quick ratio at other companies

Barnes Group logo
Barnes GroupB
1.4×0.0×
Emerson Electric logo
Emerson ElectricEMR
0.6×0.0×
Raytheon Technologies logo
Raytheon TechnologiesRTX
0.8×0.0×
Woodward logo
WoodwardWWD
1.2×-0.1×
Honeywell International logo
Honeywell InternationalHON
1.1×+0.1×
Eaton Corporation logo
Eaton CorporationETN
0.8×-0.1×

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 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+17.1%
Free cash flow$881.0M+62.6%

Valuation

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Market cap$119.27B+44.4%
P/E34.3×+9.9×
P/S5.7×+1.5×

Profitability

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Gross margin37.2%+0.7pp
Net margin16.6%-0.6pp

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

Calculated from Parker-Hannifin’s reported figures.

Based on the most recent quarter.

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 quick ratio?
Parker-Hannifin (PH) reported quick ratio of 0.7× in Q1 2026.
How has Parker-Hannifin's quick ratio changed year-over-year?
Parker-Hannifin's quick ratio decreased by 6.7% year-over-year, from 0.7× to 0.7×.
What is the long-term trend for Parker-Hannifin's quick ratio?
Over 4 years (2021 to 2025), Parker-Hannifin's quick ratio has grown at a -10.5% compound annual growth rate (CAGR), from 4× to 2.6×.
What does quick ratio mean?
Can the company cover short-term bills without having to sell inventory first?
How do you interpret quick ratio?
More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
How does quick ratio compare across companies?
Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.