Parker-Hannifin Corporation (PH) — Tangible Net Worth Ratio

Latest as of March 2026: 49.2%

Parker-Hannifin Corporation (PH) has a Tangible Net Worth Ratio of 49.2% as of March 2026. This metric is calculated by deducting intangible assets ($7.42 Billion) from net assets ($14.62 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Parker-Hannifin Corporation (PH) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

49.2%
Tangible equity / total equity

Net Assets (Equity)

$14.62 Billion
USD

Intangible Assets

$7.42 Billion
Goodwill, patents, brand value

Total Assets

$30.68 Billion
USD

Parker-Hannifin Corporation Tangible Net Worth Ratio (1986–2025)

This chart shows how Parker-Hannifin Corporation's Tangible Net Worth Ratio has changed across 40 annual periods from 1986 to 2025. As of March 2026, the ratio stands at 49.2%, reflecting net assets of $14.62 Billion with intangible assets of $7.42 Billion USD. See Parker-Hannifin Corporation defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Parker-Hannifin Corporation (1986–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Parker-Hannifin Corporation from 1986 to 2025, covering 40 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Parker-Hannifin Corporation stock valuation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 46.1% $13.69 Billion $7.37 Billion $29.49 Billion ▲ +10.8 pp
2024 35.3% $12.08 Billion $7.82 Billion $29.30 Billion ▲ +17.0 pp
2023 18.3% $10.34 Billion $8.45 Billion $29.96 Billion ▼ -46.3 pp
2022 64.6% $8.86 Billion $3.14 Billion $25.94 Billion ▲ +6.4 pp
2021 58.2% $8.41 Billion $3.52 Billion $20.34 Billion ▲ +20.5 pp
2020 37.6% $6.09 Billion $3.80 Billion $19.74 Billion ▼ -32.5 pp
2019 70.1% $5.97 Billion $1.78 Billion $17.58 Billion ▲ +4.5 pp
2018 65.6% $5.87 Billion $2.02 Billion $15.32 Billion ▲ +9.4 pp
2017 56.2% $5.27 Billion $2.31 Billion $15.49 Billion ▼ -23.7 pp
2016 79.9% $4.58 Billion $922.57 Million $12.06 Billion ▼ -0.3 pp
2015 80.2% $5.11 Billion $1.01 Billion $12.30 Billion ▼ -2.0 pp
2014 82.2% $6.66 Billion $1.19 Billion $13.27 Billion ▲ +4.6 pp
2013 77.5% $5.74 Billion $1.29 Billion $12.54 Billion ▼ -0.2 pp
2012 77.7% $4.91 Billion $1.10 Billion $11.17 Billion ▼ -0.9 pp
2011 78.5% $5.49 Billion $1.18 Billion $10.89 Billion ▲ +4.3 pp
2010 74.2% $4.46 Billion $1.15 Billion $9.91 Billion ▲ +4.0 pp
2009 70.2% $4.28 Billion $1.27 Billion $9.86 Billion ▼ -10.4 pp
2008 80.6% $5.26 Billion $1.02 Billion $10.39 Billion ▼ -6.8 pp
2007 87.4% $4.71 Billion $595.61 Million $8.44 Billion ▼ -1.5 pp
2006 88.9% $4.24 Billion $471.10 Million $8.17 Billion ▲ +39.3 pp
2005 49.6% $3.34 Billion $1.68 Billion $6.90 Billion ▼ -6.8 pp
2004 56.4% $2.98 Billion $1.30 Billion $6.26 Billion ▲ +2.7 pp
2003 53.7% $2.52 Billion $1.17 Billion $5.99 Billion ▼ -44.3 pp
2002 98.0% $2.58 Billion $51.29 Million $5.75 Billion ▲ +35.7 pp
2001 62.3% $2.53 Billion $953.65 Million $5.34 Billion ▼ -13.0 pp
2000 75.3% $2.31 Billion $570.74 Million $4.65 Billion ▼ -0.9 pp
1999 76.2% $1.85 Billion $441.50 Million $3.71 Billion ▼ -0.1 pp
1998 76.3% $1.68 Billion $399.70 Million $3.52 Billion ▼ -5.3 pp
1997 81.6% $1.55 Billion $285.30 Million $3.00 Billion ▲ +4.7 pp
1996 76.9% $1.38 Billion $320.20 Million $2.89 Billion ▼ -14.0 pp
1995 90.8% $1.19 Billion $109.30 Million $2.30 Billion ▼ -3.8 pp
1994 94.7% $966.40 Million $51.50 Million $1.91 Billion ▲ +1.4 pp
1993 93.3% $932.90 Million $62.90 Million $1.96 Billion ▲ +0.1 pp
1992 93.2% $934.00 Million $63.90 Million $1.92 Billion ▲ +0.1 pp
1991 93.1% $943.50 Million $65.40 Million $1.89 Billion ▲ +0.1 pp
1990 93.0% $938.40 Million $65.90 Million $2.00 Billion ▼ -0.1 pp
1989 93.1% $840.50 Million $58.40 Million $1.92 Billion ▲ +0.6 pp
1988 92.4% $830.20 Million $63.00 Million $1.74 Billion ▼ -1.0 pp
1987 93.4% $751.60 Million $49.60 Million $1.43 Billion ▼ -5.3 pp
1986 98.7% $672.20 Million $8.60 Million $1.27 Billion
pp = percentage points