Total Current Assets
Parker-Hannifin Total Current Assets increased by 5.8% to $7.61B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.3%, from $6.78B to $7.61B. Over 4 years (FY 2021 to FY 2025), Total Current Assets shows an upward trend with a 5.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher levels generally indicate stronger liquidity, though excessive levels may suggest inefficient inventory management or slow receivables collection.
Detailed definition
This is the aggregate value of all assets that are reasonably expected to be converted into cash or consumed within one...
Peer comparison
Highly comparable across manufacturing sectors; benchmarked against current liabilities to determine the current ratio.
total_current_assetsHistorical Data
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.62B | $5.63B | $7.91B | $8.23B | $12.05B | $7.17B | $7.29B | $7.23B | $6.83B | $6.83B | $6.73B | $6.94B | $6.80B | $7.03B | $6.35B | $6.78B | $6.95B | $7.23B | $7.19B | $7.61B |
| QoQ Change | — | +0.3% | +40.4% | +4.1% | +46.4% | -40.5% | +1.6% | -0.7% | -5.5% | -0.1% | -1.5% | +3.2% | -2.1% | +3.5% | -9.7% | +6.8% | +2.6% | +4.0% | -0.5% | +5.8% |
| YoY Change | — | — | — | — | +114.5% | +27.3% | -7.9% | -12.1% | -43.3% | -4.7% | -7.6% | -4.0% | -0.5% | +3.0% | -5.7% | -2.4% | +2.2% | +2.7% | +13.3% | +12.3% |
Total Current Assets at Other Companies
Frequently Asked Questions
- What is Parker-Hannifin's total current assets?
- Parker-Hannifin (PH) reported total current assets of $7.61B in Q1 2026.
- How has Parker-Hannifin's total current assets changed year-over-year?
- Parker-Hannifin's total current assets increased by 12.3% year-over-year, from $6.78B to $7.61B.
- What is the long-term trend for Parker-Hannifin's total current assets?
- Over 4 years (2021 to 2025), Parker-Hannifin's total current assets has grown at a 5.5% compound annual growth rate (CAGR), from $5.62B to $6.95B.
- What does total current assets mean?
- The total value of all company assets that can be turned into cash within one year.