Parker-Hannifin Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.50B | $19.85B | $19.93B | $19.09B | $15.36B | $13.75B | $13.69B | $14.32B |
| Diversified Industrial North America | — | — | $8.49B | $8.46B | $7.43B | $6.37B | $6.48B | $7.05B |
| Diversified Industrial International | — | — | $5.74B | $5.89B | $5.42B | $4.96B | $4.50B | $4.77B |
| Aerospace Systems | — | — | $5.70B | $4.75B | $2.51B | $2.42B | $2.71B | $2.50B |
| Climate and Industrial Controls | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | $13.40B | $12.54B | $12.80B | $12.64B | $10.55B | $9.60B | $10.29B | $10.69B |
| Gross Profit | $8.10B | $7.32B | $7.12B | $6.46B | $4.81B | $4.14B | $3.40B | $3.63B |
| Gross Margin | 37.7% | 36.9% | 35.8% | 33.8% | 31.3% | 30.1% | 24.8% | 25.4% |
| Operating Expenses | ||||||||
| Research & Development | $267.0M | $240.0M | $253.0M | $258.0M | $191.0M | $205.0M | $237.0M | $294.9M |
| SG&A Expense | $3.47B | $3.26B | $3.32B | $3.35B | $2.50B | $2.38B | $1.66B | $1.54B |
| Operating Income | $5.07B | $4.35B | $4.07B | $3.40B | $2.98B | $2.46B | $1.97B | $2.24B |
| Operating Margin | 23.6% | 21.9% | 20.4% | 17.8% | 19.4% | 17.9% | 14.4% | 15.6% |
| Interest Expense | — | — | — | $573.9M | $255.3M | $250.0M | $308.2M | $190.1M |
| Pretax Income | $4.56B | $4.11B | $3.60B | $2.68B | $1.61B | $2.25B | $1.51B | $1.95B |
| Income Tax Expense | $914.0M | $575.0M | $750.0M | $596.0M | $298.0M | $500.1M | $304.5M | $424.4M |
| Net Income | $3.65B | $3.53B | $2.84B | $2.08B | $1.32B | $1.75B | $1.20B | $1.52B |
| Net Margin | 17.0% | 17.8% | 14.3% | 10.9% | 8.6% | 12.7% | 8.8% | 10.6% |
| EPS (Basic) | $28.89 | $27.52 | $22.13 | $16.23 | $10.24 | $13.54 | $9.36 | $11.73 |
| EPS (Diluted) | $28.48 | $27.12 | $21.84 | $16.04 | $10.09 | $13.35 | $9.26 | $11.57 |
| Shares Outstanding (Basic) | 126.3M | 128.3M | 128.5M | 128.4M | 128.5M | 129.0M | 128.4M | 130.0M |
| Shares Outstanding (Diluted) | 128.1M | 130.2M | 130.2M | 129.9M | 130.4M | 130.8M | 129.8M | 131.8M |
| Dividends Per Share | $7.40 | $6.69 | $6.07 | $5.47 | $4.42 | $3.67 | $3.52 | $3.16 |