Parker-Hannifin Corporation (PH) - Net Assets
Based on the latest financial reports, Parker-Hannifin Corporation (PH) has net assets worth $16.39 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($30.88 Billion) and total liabilities ($14.49 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check PH strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $16.39 Billion |
| % of Total Assets | 53.07% |
| Annual Growth Rate | 8.31% |
| 5-Year Change | 84.93% |
| 10-Year Change | 211.07% |
| Growth Volatility | 11.87 |
Parker-Hannifin Corporation - Net Assets Trend (1986–2026)
This chart illustrates how Parker-Hannifin Corporation's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Parker-Hannifin Corporation (PH) market capitalisation.
Annual Net Assets for Parker-Hannifin Corporation (1986–2026)
The table below shows the annual net assets of Parker-Hannifin Corporation from 1986 to 2026. Also explore PH year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | $16.39 Billion | +19.68% |
| 2025-06-30 | $13.69 Billion | +13.33% |
| 2024-06-30 | $12.08 Billion | +16.86% |
| 2023-06-30 | $10.34 Billion | +16.69% |
| 2022-06-30 | $8.86 Billion | +5.30% |
| 2021-06-30 | $8.41 Billion | +38.11% |
| 2020-06-30 | $6.09 Billion | +2.08% |
| 2019-06-30 | $5.97 Billion | +1.75% |
| 2018-06-30 | $5.87 Billion | +11.36% |
| 2017-06-30 | $5.27 Billion | +15.04% |
| 2016-06-30 | $4.58 Billion | -10.36% |
| 2015-06-30 | $5.11 Billion | -23.34% |
| 2014-06-30 | $6.66 Billion | +16.05% |
| 2013-06-30 | $5.74 Billion | +17.04% |
| 2012-06-30 | $4.91 Billion | -10.62% |
| 2011-06-30 | $5.49 Billion | +23.07% |
| 2010-06-30 | $4.46 Billion | +4.20% |
| 2009-06-30 | $4.28 Billion | -18.62% |
| 2008-06-30 | $5.26 Billion | +11.62% |
| 2007-06-30 | $4.71 Billion | +11.09% |
| 2006-06-30 | $4.24 Billion | +26.98% |
| 2005-06-30 | $3.34 Billion | +11.99% |
| 2004-06-30 | $2.98 Billion | +18.31% |
| 2003-06-30 | $2.52 Billion | -2.42% |
| 2002-06-30 | $2.58 Billion | +2.16% |
| 2001-06-30 | $2.53 Billion | +9.50% |
| 2000-06-30 | $2.31 Billion | +24.57% |
| 1999-06-30 | $1.85 Billion | +10.12% |
| 1998-06-30 | $1.68 Billion | +8.80% |
| 1997-06-30 | $1.55 Billion | +11.80% |
| 1996-06-30 | $1.38 Billion | +16.16% |
| 1995-06-30 | $1.19 Billion | +23.29% |
| 1994-06-30 | $966.40 Million | +3.59% |
| 1993-06-30 | $932.90 Million | -0.12% |
| 1992-06-30 | $934.00 Million | -1.01% |
| 1991-06-30 | $943.50 Million | +0.54% |
| 1990-06-30 | $938.40 Million | +11.65% |
| 1989-06-30 | $840.50 Million | +1.24% |
| 1988-06-30 | $830.20 Million | +10.46% |
| 1987-06-30 | $751.60 Million | +11.81% |
| 1986-06-30 | $672.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Parker-Hannifin Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2026)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $16.39 Billion | 100.00% |
| Total Equity | $16.39 Billion | 100.00% |
Parker-Hannifin Corporation Competitors by Market Cap
The table below lists competitors of Parker-Hannifin Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Safran SA
PA:SAF
|
$116.99 Billion |
|
HITACHI LTD ADR/10
F:HIAA
|
$119.08 Billion |
|
S&P Global Inc
NYSE:SPGI
|
$119.13 Billion |
|
BP PLC ADR
NYSE:BP
|
$119.34 Billion |
|
Fortinet Inc
NASDAQ:FTNT
|
$116.55 Billion |
|
Banco Bilbao Vizcaya Argentaria SA
MC:BBVA
|
$115.90 Billion |
|
Bank of Nova Scotia
TO:BNS
|
$115.89 Billion |
|
Snowflake Inc.
NYSE:SNOW
|
$114.55 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Parker-Hannifin Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 13,682,000,000 to 16,385,000,000, a change of 2,703,000,000 (19.8%).
- Net income of 1,091,000,000 contributed positively to equity growth.
- Dividend payments of 936,000,000 reduced retained earnings.
- Share repurchases of 1,262,000,000 reduced equity.
- Other comprehensive income increased equity by 883,000,000.
- Other factors increased equity by 2,927,000,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.09 Billion | +6.66% |
| Dividends Paid | $936.00 Million | -5.71% |
| Share Repurchases | $1.26 Billion | -7.7% |
| Other Comprehensive Income | $883.00 Million | +5.39% |
| Other Changes | $2.93 Billion | +17.86% |
| Total Change | $- | 19.76% |
Book Value vs Market Value Analysis
This analysis compares Parker-Hannifin Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.22x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 211.65x to 7.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-06-30 | $4.37 | $925.29 | x |
| 1987-06-30 | $4.82 | $925.29 | x |
| 1988-06-30 | $5.10 | $925.29 | x |
| 1989-06-30 | $5.13 | $925.29 | x |
| 1990-06-30 | $5.76 | $925.29 | x |
| 1991-06-30 | $5.85 | $925.29 | x |
| 1992-06-30 | $5.56 | $925.29 | x |
| 1993-06-30 | $5.64 | $925.29 | x |
| 1994-06-30 | $5.81 | $925.29 | x |
| 1995-06-30 | $7.18 | $925.29 | x |
| 1996-06-30 | $8.29 | $925.29 | x |
| 1997-06-30 | $9.21 | $925.29 | x |
| 1998-06-30 | $10.02 | $925.29 | x |
| 1999-06-30 | $11.27 | $925.29 | x |
| 2000-06-30 | $13.84 | $925.29 | x |
| 2001-06-30 | $14.64 | $925.29 | x |
| 2002-06-30 | $14.82 | $925.29 | x |
| 2003-06-30 | $14.39 | $925.29 | x |
| 2004-06-30 | $16.73 | $925.29 | x |
| 2005-06-30 | $18.49 | $925.29 | x |
| 2006-06-30 | $23.40 | $925.29 | x |
| 2007-06-30 | $26.55 | $925.29 | x |
| 2008-06-30 | $30.64 | $925.29 | x |
| 2009-06-30 | $26.30 | $925.29 | x |
| 2010-06-30 | $26.81 | $925.29 | x |
| 2011-06-30 | $32.67 | $925.29 | x |
| 2012-06-30 | $31.66 | $925.29 | x |
| 2013-06-30 | $37.86 | $925.29 | x |
| 2014-06-30 | $43.97 | $925.29 | x |
| 2015-06-30 | $35.17 | $925.29 | x |
| 2016-06-30 | $33.42 | $925.29 | x |
| 2017-06-30 | $38.81 | $925.29 | x |
| 2018-06-30 | $43.27 | $925.29 | x |
| 2019-06-30 | $45.24 | $925.29 | x |
| 2020-06-30 | $47.97 | $925.29 | x |
| 2021-06-30 | $64.19 | $925.29 | x |
| 2022-06-30 | $67.88 | $925.29 | x |
| 2023-06-30 | $79.55 | $925.29 | x |
| 2024-06-30 | $92.69 | $925.29 | x |
| 2025-06-30 | $105.08 | $925.29 | x |
| 2026-06-30 | $128.21 | $925.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Parker-Hannifin Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.66%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.96%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.88x
- Recent ROE (6.66%) is below the historical average (15.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 13.12% | 5.10% | 1.36x | 1.89x | $20.98 Million |
| 1987 | 11.34% | 4.54% | 1.32x | 1.90x | $10.04 Million |
| 1988 | 12.83% | 4.73% | 1.29x | 2.10x | $23.48 Million |
| 1989 | 12.23% | 4.08% | 1.31x | 2.29x | $18.75 Million |
| 1990 | 12.28% | 4.70% | 1.23x | 2.13x | $21.36 Million |
| 1991 | 6.27% | 2.43% | 1.29x | 2.00x | $-35.15 Million |
| 1992 | 1.20% | 0.47% | 1.24x | 2.06x | $-82.20 Million |
| 1993 | 6.98% | 2.62% | 1.27x | 2.10x | $-28.19 Million |
| 1994 | 4.94% | 1.85% | 1.35x | 1.98x | $-48.94 Million |
| 1995 | 18.31% | 6.79% | 1.40x | 1.93x | $99.05 Million |
| 1996 | 17.32% | 6.68% | 1.24x | 2.09x | $101.30 Million |
| 1997 | 17.71% | 6.70% | 1.36x | 1.94x | $119.27 Million |
| 1998 | 18.98% | 6.90% | 1.31x | 2.09x | $151.15 Million |
| 1999 | 16.75% | 6.26% | 1.34x | 2.00x | $125.11 Million |
| 2000 | 15.94% | 6.88% | 1.15x | 2.01x | $137.29 Million |
| 2001 | 13.48% | 5.70% | 1.12x | 2.11x | $87.90 Million |
| 2002 | 5.04% | 2.12% | 1.07x | 2.23x | $-128.20 Million |
| 2003 | 7.79% | 3.06% | 1.07x | 2.37x | $-55.82 Million |
| 2004 | 11.59% | 4.87% | 1.14x | 2.10x | $47.54 Million |
| 2005 | 18.10% | 7.36% | 1.19x | 2.07x | $270.68 Million |
| 2006 | 15.87% | 7.17% | 1.15x | 1.93x | $249.05 Million |
| 2007 | 17.62% | 7.74% | 1.27x | 1.79x | $358.88 Million |
| 2008 | 18.05% | 7.82% | 1.17x | 1.98x | $423.57 Million |
| 2009 | 11.88% | 4.93% | 1.05x | 2.30x | $80.55 Million |
| 2010 | 12.68% | 5.54% | 1.01x | 2.27x | $117.27 Million |
| 2011 | 19.49% | 8.50% | 1.13x | 2.02x | $510.74 Million |
| 2012 | 23.52% | 8.76% | 1.18x | 2.28x | $662.17 Million |
| 2013 | 16.53% | 7.29% | 1.04x | 2.19x | $374.58 Million |
| 2014 | 15.63% | 7.88% | 1.00x | 1.99x | $375.11 Million |
| 2015 | 19.83% | 7.96% | 1.03x | 2.41x | $501.71 Million |
| 2016 | 17.63% | 7.10% | 0.94x | 2.64x | $349.31 Million |
| 2017 | 18.69% | 8.18% | 0.78x | 2.94x | $457.25 Million |
| 2018 | 18.10% | 7.42% | 0.93x | 2.61x | $474.81 Million |
| 2019 | 25.37% | 10.56% | 0.81x | 2.95x | $916.17 Million |
| 2020 | 19.30% | 8.78% | 0.69x | 3.17x | $579.25 Million |
| 2021 | 20.79% | 12.17% | 0.71x | 2.42x | $906.27 Million |
| 2022 | 14.87% | 8.29% | 0.61x | 2.93x | $430.80 Million |
| 2023 | 20.17% | 10.93% | 0.64x | 2.90x | $1.05 Billion |
| 2024 | 23.56% | 14.27% | 0.68x | 2.43x | $1.64 Billion |
| 2025 | 25.81% | 17.79% | 0.67x | 2.16x | $2.16 Billion |
| 2026 | 6.66% | 18.96% | 0.19x | 1.88x | $-547.50 Million |
Industry Comparison
This section compares Parker-Hannifin Corporation's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,018,343,343
- Average return on equity (ROE) among peers: 1.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Parker-Hannifin Corporation (PH) | $16.39 Billion | 13.12% | 0.88x | $116.67 Billion |
| Ametek Inc (AME) | $805.55 Million | 16.93% | 1.21x | $53.06 Billion |
| American Superconductor Corporation (AMSC) | $83.55 Million | -27.70% | 0.62x | $1.41 Billion |
| Smith AO Corporation (AOS) | $271.10 Million | -1.84% | 1.94x | $6.45 Billion |
| ATS Corporation (ATS) | $381.45 Million | -15.62% | 0.49x | $1.86 Billion |
| Babcock & Wilcox Enterprises Inc (BW) | $-277.30 Million | 0.00% | 0.00x | $1.09 Billion |
| Broadwind Energy Inc (BWEN) | $68.58 Million | 0.47% | 0.72x | $50.81 Million |
| Capstone Energy Plus, Inc. Common Stock (CEPL) | $-44.47 Million | 0.00% | 0.00x | $188.44 Million |
| Clean Energy Technologies, Inc. Common Stock (CETY) | $-7.24 Million | 0.00% | 0.00x | $12.29 Million |
| Cummins Inc (CMI) | $8.26 Billion | 25.92% | 1.31x | $72.29 Billion |
| Crane Company (CR) | $643.20 Million | 21.52% | 1.26x | $10.47 Billion |
About Parker-Hannifin Corporation
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for aerospace and defense, in-plant and industrial equipment, transportation, off-highway, energy, and HVAC and refrigeration markets in North America, Europe, Asia Pacific, and Latin America. The company operates through two segments: Diversified Industrial and Aerospace Systems. It offers various moti… Read more