Parker-Hannifin Corporation (PH) — Cash Flow Quality Index

Latest as of March 2026: 1.09x

Parker-Hannifin Corporation (PH) has a Cash Flow Quality Index of 1.09x as of March 2026. Operating cash flow of $984.00 Million exceeds net income of $904.00 Million, indicating high earnings quality where cash backs reported profits. Explore Parker-Hannifin Corporation long-term investment allocation to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

1.09x
Operating CF / Net Income

Operating Cash Flow

$984.00 Million
USD

Net Income

$904.00 Million
USD

Data as of

Mar 2026
Most recent filing

Parker-Hannifin Corporation Cash Flow Quality Index (1989–2025)

Historical Cash Flow Quality Index for Parker-Hannifin Corporation across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Parker-Hannifin Corporation to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Parker-Hannifin Corporation (1989–2025)

Year-by-year earnings quality comparison for Parker-Hannifin Corporation. For live market cap and the full company financial profile, see Parker-Hannifin Corporation (PH) total market value.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.07x $3.78 Billion $3.53 Billion ▼ -10.1%
2024 1.19x $3.38 Billion $2.84 Billion ▼ -16.8%
2023 1.43x $2.98 Billion $2.08 Billion ▼ -22.9%
2022 1.86x $2.44 Billion $1.32 Billion ▲ +25.9%
2021 1.47x $2.58 Billion $1.75 Billion ▼ -14.1%
2020 1.72x $2.07 Billion $1.21 Billion ▲ +51.3%
2019 1.13x $1.73 Billion $1.53 Billion ▼ -24.6%
2018 1.50x $1.60 Billion $1.06 Billion ▲ +13.8%
2017 1.32x $1.30 Billion $983.84 Million ▼ -11.9%
2016 1.50x $1.21 Billion $807.22 Million ▲ +11.4%
2015 1.35x $1.36 Billion $1.01 Billion ▲ +1.0%
2014 1.33x $1.39 Billion $1.04 Billion ▲ +6.2%
2013 1.26x $1.19 Billion $948.78 Million ▼ -5.2%
2012 1.32x $1.53 Billion $1.16 Billion ▲ +20.0%
2011 1.10x $1.17 Billion $1.06 Billion ▼ -49.6%
2010 2.19x $1.22 Billion $556.37 Million ▼ -1.0%
2009 2.21x $1.13 Billion $510.14 Million ▲ +61.0%
2008 1.38x $1.32 Billion $957.51 Million ▲ +19.5%
2007 1.15x $955.01 Million $830.05 Million ▼ -18.9%
2006 1.42x $954.64 Million $673.17 Million ▲ +0.5%
2005 1.41x $853.51 Million $604.69 Million ▼ -26.3%
2004 1.92x $662.40 Million $345.78 Million ▼ -32.5%
2003 2.84x $557.06 Million $196.27 Million ▼ -41.5%
2002 4.85x $631.05 Million $130.15 Million ▲ +210.5%
2001 1.56x $532.16 Million $340.79 Million ▲ +6.9%
2000 1.46x $538.04 Million $368.23 Million ▼ -1.2%
1999 1.48x $459.10 Million $310.50 Million ▲ +49.1%
1998 0.99x $320.60 Million $323.20 Million ▼ -30.7%
1997 1.43x $392.30 Million $274.00 Million ▲ +1.5%
1996 1.41x $338.00 Million $239.70 Million ▲ +28.1%
1995 1.10x $240.10 Million $218.20 Million ▼ -77.8%
1994 4.97x $259.20 Million $52.20 Million ▲ +40.9%
1993 3.52x $229.40 Million $65.10 Million ▼ -4.9%
1992 3.70x $235.20 Million $63.50 Million ▼ -19.0%
1991 4.57x $270.70 Million $59.20 Million ▲ +312.2%
1990 1.11x $127.80 Million $115.20 Million ▼ -17.9%
1989 1.35x $138.90 Million $102.80 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.