Parker-Hannifin (PH) Current Ratio: History & Chart

Parker-Hannifin Corporation (PH)PHParker-Hannifin Corporation

About Parker-Hannifin Corporation

Parker-Hannifin Corporation is a global enterprise specializing in the production and distribution of advanced motion and control technologies and systems. These solutions serve a broad spectrum of international markets, including mobile applications, industrial operations, and the aerospace sector. Its organizational structure is primarily divided into two key business units: Diversified Industrial and Aerospace Systems. Within the Diversified Industrial division, the product portfolio is extensive, covering sealing, protective shielding, thermal management systems, bonding agents, surface coatings, and technologies designed to reduce noise, vibration, and harshness. This segment also provides filtration units, diagnostic tools, and related solutions for purifying fuel, air, oil, water, and various other liquids and gases by eliminating contaminants. Additionally, it produces connectors vital for fluid handling (controlling, transmitting, and containing), along with advanced control mechanisms engineered for demanding environments involving extreme corrosion, temperatures, pressures, and requiring precise flow regulation. Crucially, it supplies hydraulic, pneumatic, and electromechanical components and integrated systems to manufacturers and operators of both mobile and stationary industrial machinery. Products from this division are supplied to original equipment manufacturers (OEMs) as well as to distributors who cater to the aftermarket across a wide array of sectors. These include industries focused on manufacturing, packaging, processing, transportation, construction, climate control (refrigeration and air conditioning), agriculture, and military machinery and equipment. In contrast, the Aerospace Systems segment focuses on delivering specialized components and systems for both commercial and military aircraft structures and engine applications. Its comprehensive offerings encompass control actuation systems, parts for engine construction and exhaust, entire engine systems, fluid transport and fuel systems (including those for fuel tank inerting), hydraulic and lubrication components, pilot interface controls, pneumatic control elements, thermal regulation products, and landing gear wheels and brakes. The segment also provides devices for precise fluid measurement, distribution, and atomization. Sales within this particular division are conducted directly with original equipment manufacturers (OEMs) and final consumers. Overall, Parker-Hannifin distributes its solutions via a diversified sales network, comprising its own dedicated sales personnel, independent distributors, and authorized sales representatives. Established in 1917, the corporation maintains its global headquarters in Cleveland, Ohio.

Cleveland, OH

57,950 employees

www.parker.com

Industrials / Industrial - Machinery

Sector: Industrials
Industry: Industrial - Machinery
CEO: Jennifer A. Parmentier

View full financials

PH Current Ratio Metrics

CURRENT RATIO

1.13

CURRENT RATIO AVG TTM

1.16

CURRENT RATIO AVG 3Y

1.04

CURRENT RATIO AVG 5Y

1.26

CURRENT RATIO AVG 10Y

1.45

CURRENT RATIO AVG 15Y

1.61

CURRENT RATIO AVG 20Y

1.64

CURRENT VS TTM AVG

-2.29%

CURRENT VS 3Y AVG

+8.61%

CURRENT VS 5Y AVG

-10.08%

CURRENT VS 10Y AVG

-22.25%

CURRENT VS 15Y AVG

-29.97%

CURRENT VS 20Y AVG

-30.96%

SECTOR MEDIAN · INDUSTRIALS

1.46

median of 131 covered companies

CURRENT VS SECTOR MEDIAN

-22.65%

vs the sector median at left

NAME	MARKET CAP	CURRENT RATIO	TTM	3Y	5Y
Parker-Hannifin Corporation (PH)	$119.92B	1.13	1.16	1.04	1.26
Siemens Energy AG (SMEGF)vs ›	$130.50B	0.90	0.90	0.91	0.96
Howmet Aerospace Inc. (HWM)vs ›	$109.15B	2.13	2.15	2.07	2.11
Lockheed Martin Corporation (LMT)vs ›	$131.41B	1.09	1.11	1.19	1.26
General Dynamics Corporation (GD)vs ›	$103.02B	1.44	1.41	1.40	1.40
Eaton Corporation plc (ETN)vs ›	$140.52B	1.32	1.41	1.43	1.39
Trane Technologies plc (TT)vs ›	$98.77B	1.25	1.23	1.18	1.28
Waste Management, Inc. (WM)vs ›	$95.01B	0.89	0.82	0.84	0.85
CSX Corporation (CSX)vs ›	$93.99B	0.81	0.83	1.07	1.37
3M Company (MMM)vs ›	$91.78B	1.71	1.56	1.43	1.55

NAME

MARKET CAP

CURRENT RATIO

TTM

Parker-Hannifin Corporation (PH)

$119.92B

1.13

1.16

1.04

1.26

Siemens Energy AG (SMEGF)vs ›

$130.50B

0.90

0.91

0.96

Howmet Aerospace Inc. (HWM)vs ›

$109.15B

2.13

2.15

2.07

2.11

Lockheed Martin Corporation (LMT)vs ›

$131.41B

1.09

1.11

1.19

1.26

General Dynamics Corporation (GD)vs ›

$103.02B

1.44

1.41

1.40

Eaton Corporation plc (ETN)vs ›

$140.52B

1.32

1.41

1.43

1.39

Trane Technologies plc (TT)vs ›

$98.77B

1.25

1.23

1.18

1.28

Waste Management, Inc. (WM)vs ›

$95.01B

0.89

0.82

0.84

0.85

CSX Corporation (CSX)vs ›

$93.99B

0.81

0.83

1.07

1.37

3M Company (MMM)vs ›

$91.78B

1.71

1.56

1.43

1.55

Current Ratio FAQ

What is the current ratio for Parker-Hannifin Corporation (PH)?

The current ratio for PH stock is 1.13.

Is Parker-Hannifin Corporation's current ratio high or low?

The current ratio of 1.13 is 10% below its 5-year average of 1.26, near the low end of its 5-year range (0.87–2.06).

What is the TTM average current ratio for Parker-Hannifin Corporation (PH)?

The TTM average current ratio for PH stock is 1.16.

What is the 3Y average current ratio for Parker-Hannifin Corporation (PH)?

The 3Y average current ratio for PH stock is 1.04.

What is the 5Y average current ratio for Parker-Hannifin Corporation (PH)?

The 5Y average current ratio for PH stock is 1.26.

What is the 10Y average current ratio for Parker-Hannifin Corporation (PH)?

The 10Y average current ratio for PH stock is 1.45.

What is the 15Y average current ratio for Parker-Hannifin Corporation (PH)?

The 15Y average current ratio for PH stock is 1.61.

What is the 20Y average current ratio for Parker-Hannifin Corporation (PH)?

The 20Y average current ratio for PH stock is 1.64.

DATE	CURRENT RATIO
2026-03-31	1.13
2025-12-31	1.18
2025-09-30	1.07
2025-06-30	1.19
2025-03-31	1.21
2024-12-31	1.06
2024-09-30	0.96
2024-06-30	0.93
2024-03-31	0.87
2023-12-31	0.90
2023-09-30	0.89
2023-06-30	0.88
2023-03-31	1.25
2022-12-31	1.28
2022-09-30	1.30
2022-06-30	2.06
2022-03-31	1.52
2021-12-31	1.50
2021-09-30	1.72
2021-06-30	1.81
2021-03-31	1.66
2020-12-31	1.50
2020-09-30	1.46
2020-06-30	1.55
2020-03-31	1.49
2019-12-31	1.38
2019-09-30	1.96
2019-06-30	2.43
2019-03-31	1.56
2018-12-31	1.52
2018-09-30	1.60
2018-06-30	1.59
2018-03-31	1.59
2017-12-31	1.49
2017-09-30	1.44
2017-06-30	1.41
2017-03-31	1.52
2016-12-31	2.16
2016-09-30	2.12
2016-06-30	2.20
2016-03-31	2.18
2015-12-31	2.18
2015-09-30	2.09
2015-06-30	2.38
2015-03-31	2.09
2014-12-31	2.45
2014-09-30	2.03
2014-06-30	1.87
2014-03-31	1.77
2013-12-31	1.74
2013-09-30	1.64
2013-06-30	1.57
2013-03-31	1.49
2012-12-31	1.65
2012-09-30	1.77
2012-06-30	1.81
2012-03-31	1.81
2011-12-31	1.91
2011-09-30	1.79
2011-06-30	1.80
2011-03-31	2.00
2010-12-31	2.08
2010-09-30	1.82
2010-06-30	1.63
2010-03-31	1.62
2009-12-31	1.60
2009-09-30	1.71
2009-06-30	1.56
2009-03-31	1.44
2008-12-31	1.38
2008-09-30	1.63
2008-06-30	1.88
2008-03-31	1.56
2007-12-31	1.45
2007-09-30	1.57
2007-06-30	1.76
2007-03-31	1.78
2006-12-31	1.66
2006-09-30	1.76
2006-06-30	1.87
2006-03-31	1.74
2005-12-31	1.66
2005-09-30	2.14
2005-06-30	2.09
2005-03-31	2.10
2004-12-31	2.12
2004-09-30	2.19
2004-06-30	2.01
2004-03-31	1.87
2003-12-31	2.17
2003-09-30	1.84
2003-06-30	1.68
2003-03-31	1.68
2002-12-31	1.50
2002-09-30	1.62
2002-06-30	1.64

DATE

CURRENT RATIO

2026-03-31

1.13

2025-12-31

1.18

2025-09-30

1.07

2025-06-30

1.19

2025-03-31

1.21

2024-12-31

1.06

2024-09-30

0.96

2024-06-30

0.93

2024-03-31

0.87

2023-12-31

0.90

2023-09-30

0.89

2023-06-30

0.88

2023-03-31

1.25

2022-12-31

1.28

2022-09-30

1.30

2022-06-30

2.06

2022-03-31

1.52

2021-12-31

1.50

2021-09-30

1.72

2021-06-30

1.81

2021-03-31

1.66

2020-12-31

1.50

2020-09-30

1.46

2020-06-30

1.55

2020-03-31

1.49

2019-12-31

1.38

2019-09-30

1.96

2019-06-30

2.43

2019-03-31

1.56

2018-12-31

1.52

2018-09-30

1.60

2018-06-30

1.59

2018-03-31

1.59

2017-12-31

1.49

2017-09-30

1.44

2017-06-30

1.41

2017-03-31

1.52

2016-12-31

2.16

2016-09-30

2.12

2016-06-30

2.20

2016-03-31

2.18

2015-12-31

2.18

2015-09-30

2.09

2015-06-30

2.38

2015-03-31

2.09

2014-12-31

2.45

2014-09-30

2.03

2014-06-30

1.87

2014-03-31

1.77

2013-12-31

1.74

2013-09-30

1.64

2013-06-30

1.57

2013-03-31

1.49

2012-12-31

1.65

2012-09-30

1.77

2012-06-30

1.81

2012-03-31

1.81

2011-12-31

1.91

2011-09-30

1.79

2011-06-30

1.80

2011-03-31

2.00

2010-12-31

2.08

2010-09-30

1.82

2010-06-30

1.63

2010-03-31

1.62

2009-12-31

1.60

2009-09-30

1.71

2009-06-30

1.56

2009-03-31

1.44

2008-12-31

1.38

2008-09-30

1.63

2008-06-30

1.88

2008-03-31

1.56

2007-12-31

1.45

2007-09-30

1.57

2007-06-30

1.76

2007-03-31

1.78

2006-12-31

1.66

2006-09-30

1.76

2006-06-30

1.87

2006-03-31

1.74

2005-12-31

1.66

2005-09-30

2.14

2005-06-30

2.09

2005-03-31

2.10

2004-12-31

2.12

2004-09-30

2.19

2004-06-30

2.01

2004-03-31

1.87

2003-12-31

2.17

2003-09-30

1.84

2003-06-30

1.68

2003-03-31

1.68

2002-12-31

1.50

2002-09-30

1.62

2002-06-30

1.64

Current Ratio: 1.13

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