Parker-Hannifin (PH)

Industrials · Specialty Industrial Machinery · S&P 500
$984.91 +0.95% on the day Market cap $120.0B 52-week range $715.37 to $1,099.94 Prices as of Oct 7, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Free cash flow growth the price needs
11% a year for 10 years

At a market value of $120.0B, Parker-Hannifin's free cash flow of $3.9B (fiscal 2026) would need to grow about 11% a year for the stock to be worth today's price. That is slower than the company has grown its free cash flow over the last 9 years.

Assumes a 9% discount rate and 3% growth after year 10, on free cash flow (operating cash flow minus capital spending) from Parker-Hannifin's SEC filings. Change any assumption, or model revenue and margins instead, in the Modeling tab, or try your own numbers in the reverse DCF calculator.

Implied by the price10.6% a year
Free cash flow, last 9 years15.2% a year
Revenue, same period6.7% a year
Price to free cash flow30.7x

Fundamental grade

C

Five factors scored 1 to 9 from PH's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation3
Profitability7
Growth6
Financial health3
Cash efficiency7

Key numbers

P/E (trailing)35.1x
P/E (forward)28.8x
Price / free cash flow35.9x
EV / EBITDA22.4x
Price / sales5.58x
Price / book8.47x
Revenue growth+9.8%
Operating margin23.6%
Net margin17.0%
Return on equity23.7%
Dividend yield0.75%
Debt / equity1.00x

Results from SEC filings

Fiscal years, from Parker-Hannifin's 10-K filings. The deep dive has 15+ years, quarters and every line.

Fiscal year20222023202420252026
Revenue$15.9B$19.1B$19.9B$19.9B$21.5B
Net income$1.3B$2.1B$2.8B$3.5B$3.6B
Free cash flow$2.2B$2.6B$3.0B$3.3B$3.9B
EPS (diluted)$10.09$16.04$21.84$27.12$28.48
Operating margin18.8%17.9%20.4%21.9%23.6%

Where the revenue comes from

Revenue by segments, fiscal 2026.

Diversified Industrial$14.4B67%
Aerospace Systems$7.1B33%

Superinvestors who own PH

From each investor's latest 13F filing (what a 13F shows). 7 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Cliff Asness
AQR Capital Management
Added $477M0.17%Q2 2026
Hersh Cohen
ClearBridge Investments
Trimmed $138M0.11%Q2 2026
Joel Greenblatt
Gotham Asset Management
Added $25M0.06%Q2 2026
Ric Dillon
Diamond Hill Capital Management
Trimmed $22M0.18%Q2 2026
Mario Gabelli
GAMCO Investors
Added $3M0.02%Q2 2026
Dodge & Cox
Dodge & Cox
Held $2M0.00%Q2 2026
Bill Nygren
Harris Associates LP
Held $288,5450.0%Q2 2026

Insider buying

Open-market purchases by Parker-Hannifin's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

DateInsiderSharesPriceValue
Mar 12, 2026 David Taylor
0$901.93—
Mar 12, 2026 David Taylor
0$901.93—
Feb 24, 2026 Ro Khanna
0$1,022.01—
Feb 24, 2026 Ro Khanna
0$1,022.01—
Jan 29, 2026 Ro Khanna
0$949.49—
Jan 29, 2026 Ro Khanna
0$949.49—

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

What growth does Parker-Hannifin's stock price imply?

At a market value of $120.0B, Parker-Hannifin would need its free cash flow to grow about 11% a year for 10 years (discounted at 9%, 3% growth after that) to be worth today's price. Over the last 9 years its free cash flow grew 15% a year.

Are Parker-Hannifin insiders buying the stock?

6 open-market insider purchases of PH in the last 12 months, from SEC Form 4 filings.

Which superinvestors own Parker-Hannifin?

7 of the superinvestors Investingly tracks hold PH in their latest 13F, including Cliff Asness, Hersh Cohen, Joel Greenblatt.

Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.