Parker-Hannifin Corporation (PH) — Working Capital to Net Assets Ratio
Parker-Hannifin Corporation (PH) has a Working Capital to Net Assets ratio of 9.8% as of June 2026. Working capital of $1.60 Billion (current assets of $7.70 Billion minus current liabilities of $6.10 Billion) is measured against net assets of $16.39 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Parker-Hannifin Corporation fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Parker-Hannifin Corporation Working Capital to Net Assets (1986–2026)
This chart shows how Parker-Hannifin Corporation's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1986 to 2026. As of June 2026, the ratio stands at 9.8%, reflecting working capital of $1.60 Billion against net assets of $16.39 Billion USD. For the complete balance sheet picture, see Parker-Hannifin Corporation assets under control.
Annual Working Capital to Net Assets for Parker-Hannifin Corporation (1986–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Parker-Hannifin Corporation from 1986 to 2026, covering 41 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check financial resilience of Parker-Hannifin Corporation to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 9.8% | $1.60 Billion | $16.39 Billion | $7.70 Billion | $6.10 Billion | ▲ +1.5 pp |
| 2025 | 8.3% | $1.13 Billion | $13.69 Billion | $6.95 Billion | $5.82 Billion | ▲ +12.5 pp |
| 2024 | -4.3% | $-514.68 Million | $12.08 Billion | $6.80 Billion | $7.31 Billion | ▲ +4.5 pp |
| 2023 | -8.7% | $-901.14 Million | $10.34 Billion | $6.83 Billion | $7.74 Billion | ▼ -78.6 pp |
| 2022 | 69.8% | $6.19 Billion | $8.86 Billion | $12.05 Billion | $5.86 Billion | ▲ +39.9 pp |
| 2021 | 30.0% | $2.52 Billion | $8.41 Billion | $5.62 Billion | $3.10 Billion | ▲ +1.4 pp |
| 2020 | 28.5% | $1.74 Billion | $6.09 Billion | $4.89 Billion | $3.15 Billion | ▼ -47.2 pp |
| 2019 | 75.8% | $4.52 Billion | $5.97 Billion | $7.67 Billion | $3.15 Billion | ▲ +43.6 pp |
| 2018 | 32.2% | $1.89 Billion | $5.87 Billion | $5.09 Billion | $3.20 Billion | ▲ +5.9 pp |
| 2017 | 26.3% | $1.38 Billion | $5.27 Billion | $4.78 Billion | $3.40 Billion | ▼ -35.8 pp |
| 2016 | 62.1% | $2.84 Billion | $4.58 Billion | $5.21 Billion | $2.37 Billion | ▼ -1.2 pp |
| 2015 | 63.3% | $3.23 Billion | $5.11 Billion | $5.58 Billion | $2.35 Billion | ▲ +21.0 pp |
| 2014 | 42.3% | $2.82 Billion | $6.66 Billion | $6.07 Billion | $3.25 Billion | ▲ +7.3 pp |
| 2013 | 35.0% | $2.01 Billion | $5.74 Billion | $5.53 Billion | $3.52 Billion | ▼ -6.0 pp |
| 2012 | 41.0% | $2.01 Billion | $4.91 Billion | $4.50 Billion | $2.49 Billion | ▲ +6.1 pp |
| 2011 | 34.9% | $1.91 Billion | $5.49 Billion | $4.31 Billion | $2.39 Billion | ▲ +3.8 pp |
| 2010 | 31.0% | $1.38 Billion | $4.46 Billion | $3.59 Billion | $2.20 Billion | ▲ +4.9 pp |
| 2009 | 26.1% | $1.12 Billion | $4.28 Billion | $3.12 Billion | $2.01 Billion | ▼ -10.2 pp |
| 2008 | 36.4% | $1.91 Billion | $5.26 Billion | $4.10 Billion | $2.18 Billion | ▲ +5.4 pp |
| 2007 | 31.0% | $1.46 Billion | $4.71 Billion | $3.39 Billion | $1.93 Billion | ▼ -3.4 pp |
| 2006 | 34.4% | $1.46 Billion | $4.24 Billion | $3.14 Billion | $1.68 Billion | ▼ -9.0 pp |
| 2005 | 43.4% | $1.45 Billion | $3.34 Billion | $2.79 Billion | $1.34 Billion | ▲ +0.6 pp |
| 2004 | 42.8% | $1.28 Billion | $2.98 Billion | $2.54 Billion | $1.26 Billion | ▲ +4.2 pp |
| 2003 | 38.6% | $973.08 Million | $2.52 Billion | $2.40 Billion | $1.42 Billion | ▲ +4.7 pp |
| 2002 | 33.9% | $875.78 Million | $2.58 Billion | $2.24 Billion | $1.36 Billion | ▲ +2.9 pp |
| 2001 | 31.0% | $783.23 Million | $2.53 Billion | $2.20 Billion | $1.41 Billion | ▼ -10.9 pp |
| 2000 | 41.9% | $966.81 Million | $2.31 Billion | $2.15 Billion | $1.19 Billion | ▼ -13.2 pp |
| 1999 | 55.0% | $1.02 Billion | $1.85 Billion | $1.77 Billion | $754.50 Million | ▲ +8.0 pp |
| 1998 | 47.0% | $791.30 Million | $1.68 Billion | $1.78 Billion | $988.80 Million | ▼ -3.6 pp |
| 1997 | 50.6% | $783.60 Million | $1.55 Billion | $1.50 Billion | $716.00 Million | ▲ +4.7 pp |
| 1996 | 45.9% | $635.20 Million | $1.38 Billion | $1.40 Billion | $766.90 Million | ▼ -3.9 pp |
| 1995 | 49.8% | $593.80 Million | $1.19 Billion | $1.25 Billion | $652.60 Million | ▼ -3.4 pp |
| 1994 | 53.2% | $514.00 Million | $966.40 Million | $1.02 Billion | $504.40 Million | ▼ -9.9 pp |
| 1993 | 63.0% | $588.10 Million | $932.90 Million | $1.06 Billion | $468.30 Million | ▼ -11.6 pp |
| 1992 | 74.6% | $697.10 Million | $934.00 Million | $1.06 Billion | $358.70 Million | ▲ +4.6 pp |
| 1991 | 70.0% | $660.90 Million | $943.50 Million | $1.02 Billion | $358.10 Million | ▼ -3.6 pp |
| 1990 | 73.6% | $690.80 Million | $938.40 Million | $1.13 Billion | $438.40 Million | ▲ +1.8 pp |
| 1989 | 71.8% | $603.20 Million | $840.50 Million | $1.09 Billion | $485.00 Million | ▲ +6.8 pp |
| 1988 | 65.0% | $539.70 Million | $830.20 Million | $950.60 Million | $410.90 Million | ▲ +11.7 pp |
| 1987 | 53.3% | $400.90 Million | $751.60 Million | $752.80 Million | $351.90 Million | ▼ -1.2 pp |
| 1986 | 54.6% | $366.90 Million | $672.20 Million | $712.40 Million | $345.50 Million | — |