Parker-Hannifin Corporation (PH) — Financial Flexibility Index
Parker-Hannifin Corporation (PH) has a Financial Flexibility Index of 0.33x as of June 2026. Free cash flow of $4.82 Billion (operating CF $4.36 Billion minus capex $459.00 Million) represents 0% of total liabilities ($14.49 Billion). Check PH capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Parker-Hannifin Corporation Financial Flexibility Index (1989–2026)
Historical Financial Flexibility Index trend for Parker-Hannifin Corporation across 38 annual periods. For the full cash flow conversion analysis, see Parker-Hannifin Corporation (PH) cash conversion ratio.
Annual Financial Flexibility Index for Parker-Hannifin Corporation (1989–2026)
Year-by-year free cash flow to debt coverage for Parker-Hannifin Corporation. Explore PH cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.33x | $4.73 Billion | $4.27 Billion | $14.49 Billion | ▲ +22.4% |
| 2025 | 0.27x | $4.21 Billion | $3.78 Billion | $15.80 Billion | ▲ +21.2% |
| 2024 | 0.22x | $3.78 Billion | $3.38 Billion | $17.22 Billion | ▲ +28.4% |
| 2023 | 0.17x | $3.36 Billion | $2.98 Billion | $19.63 Billion | ▲ +9.5% |
| 2022 | 0.16x | $2.67 Billion | $2.44 Billion | $17.08 Billion | ▼ -33.0% |
| 2021 | 0.23x | $2.78 Billion | $2.58 Billion | $11.93 Billion | ▲ +38.3% |
| 2020 | 0.17x | $2.30 Billion | $2.07 Billion | $13.65 Billion | ▲ +1.8% |
| 2019 | 0.17x | $1.93 Billion | $1.73 Billion | $11.61 Billion | ▼ -15.0% |
| 2018 | 0.20x | $1.84 Billion | $1.60 Billion | $9.45 Billion | ▲ +32.6% |
| 2017 | 0.15x | $1.50 Billion | $1.30 Billion | $10.22 Billion | ▼ -19.1% |
| 2016 | 0.18x | $1.36 Billion | $1.21 Billion | $7.48 Billion | ▼ -17.2% |
| 2015 | 0.22x | $1.58 Billion | $1.36 Billion | $7.19 Billion | ▼ -9.5% |
| 2014 | 0.24x | $1.60 Billion | $1.39 Billion | $6.61 Billion | ▲ +13.2% |
| 2013 | 0.21x | $1.46 Billion | $1.19 Billion | $6.80 Billion | ▼ -23.3% |
| 2012 | 0.28x | $1.75 Billion | $1.53 Billion | $6.26 Billion | ▲ +9.7% |
| 2011 | 0.25x | $1.37 Billion | $1.17 Billion | $5.40 Billion | ▲ +2.9% |
| 2010 | 0.25x | $1.35 Billion | $1.22 Billion | $5.45 Billion | ▼ -1.5% |
| 2009 | 0.25x | $1.40 Billion | $1.13 Billion | $5.58 Billion | ▼ -19.4% |
| 2008 | 0.31x | $1.60 Billion | $1.32 Billion | $5.13 Billion | ▼ -2.6% |
| 2007 | 0.32x | $1.19 Billion | $955.01 Million | $3.73 Billion | ▲ +9.1% |
| 2006 | 0.29x | $1.15 Billion | $954.64 Million | $3.93 Billion | ▲ +3.5% |
| 2005 | 0.28x | $1.01 Billion | $853.51 Million | $3.56 Billion | ▲ +15.9% |
| 2004 | 0.24x | $800.69 Million | $662.40 Million | $3.27 Billion | ▲ +18.5% |
| 2003 | 0.21x | $715.13 Million | $557.06 Million | $3.46 Billion | ▼ -21.9% |
| 2002 | 0.26x | $837.61 Million | $631.05 Million | $3.17 Billion | ▼ -14.4% |
| 2001 | 0.31x | $866.91 Million | $532.16 Million | $2.81 Billion | ▼ -6.1% |
| 2000 | 0.33x | $768.52 Million | $538.04 Million | $2.34 Billion | ▼ -21.8% |
| 1999 | 0.42x | $779.10 Million | $459.10 Million | $1.85 Billion | ▼ -2.0% |
| 1998 | 0.43x | $790.50 Million | $320.60 Million | $1.84 Billion | ▲ +1.7% |
| 1997 | 0.42x | $613.00 Million | $392.30 Million | $1.45 Billion | ▼ -29.9% |
| 1996 | 0.60x | $905.30 Million | $338.00 Million | $1.50 Billion | ▲ +70.6% |
| 1995 | 0.35x | $392.10 Million | $240.10 Million | $1.11 Billion | ▼ -7.0% |
| 1994 | 0.38x | $359.10 Million | $259.20 Million | $946.40 Million | ▲ +21.9% |
| 1993 | 0.31x | $320.90 Million | $229.40 Million | $1.03 Billion | ▼ -6.7% |
| 1992 | 0.33x | $329.30 Million | $235.20 Million | $986.90 Million | ▼ -17.4% |
| 1991 | 0.40x | $382.70 Million | $270.70 Million | $946.90 Million | ▲ +68.6% |
| 1990 | 0.24x | $253.50 Million | $127.80 Million | $1.06 Billion | ▼ -11.3% |
| 1989 | 0.27x | $292.30 Million | $138.90 Million | $1.08 Billion | — |