Parker Income Statement Research

PH Stock

USD 546.35 4.05 0.74%

Most accounts from Parker Hannifin's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Parker Hannifin current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Parker Hannifin Valuation and Parker Hannifin Correlation analysis.

For more detail on how to invest in Parker Stock please use our How to Invest in Parker Hannifin guide.

As of now, Parker Hannifin's Gross Profit is increasing as compared to previous years. The Parker Hannifin's current Other Operating Expenses is estimated to increase to about 19.3 B, while Operating Income is projected to decrease to under 998.2 M.

For more detail on how to invest in Parker Stock please use our How to Invest in Parker Hannifin guide.As of now, Parker Hannifin's Gross Profit is increasing as compared to previous years. The Parker Hannifin's current Other Operating Expenses is estimated to increase to about 19.3 B, while Operating Income is projected to decrease to under 998.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	4.5B	6.4B	7.4B	7.8B
Total Revenue	15.9B	19.1B	21.9B	23.0B

Gross Profit Total Revenue

Parker Hannifin income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Research Development	Net Income From Continuing Ops	Non Operating Income Net Other	Minority Interest	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items	Selling And Marketing Expenses
Depreciation And Amortization		0.97	0.94	0.98	0.91	0.36	0.97	0.98	0.87	0.94	0.96	0.14	0.97	0.78	0.94	-0.05	0.81	0.04	-0.03	-0.71	0.52	-0.93	0.77	0.87	0.77	0.25
Interest Expense	0.97		0.87	0.96	0.85	0.19	0.93	0.95	0.78	0.95	0.9	0.23	0.92	0.73	0.96	-0.13	0.76	0.1	-0.1	-0.75	0.53	-0.97	0.85	0.88	0.73	0.35
Total Revenue	0.94	0.87		0.96	1.0	0.47	0.95	0.95	0.99	0.92	0.96	0.21	0.95	0.86	0.92	0.25	0.75	0.05	-0.16	-0.65	0.45	-0.78	0.72	0.72	0.63	0.2
Gross Profit	0.98	0.96	0.96		0.94	0.31	0.98	0.98	0.9	0.98	0.97	0.26	0.97	0.82	0.98	0.03	0.79	0.05	-0.19	-0.74	0.53	-0.91	0.84	0.83	0.69	0.27
Other Operating Expenses	0.91	0.85	1.0	0.94		0.46	0.94	0.94	0.99	0.92	0.94	0.24	0.93	0.87	0.92	0.32	0.72	0.09	-0.17	-0.64	0.44	-0.75	0.7	0.68	0.59	0.22
Operating Income	0.36	0.19	0.47	0.31	0.46		0.4	0.39	0.55	0.16	0.45	-0.48	0.45	0.41	0.17	0.29	0.6	-0.12	0.4	0.19	0.22	-0.15	-0.15	0.36	0.49	-0.03
Ebit	0.97	0.93	0.95	0.98	0.94	0.4		1.0	0.9	0.95	1.0	0.24	0.99	0.88	0.96	0.08	0.82	0.19	-0.08	-0.71	0.58	-0.88	0.78	0.81	0.7	0.35
Ebitda	0.98	0.95	0.95	0.98	0.94	0.39	1.0		0.9	0.95	0.99	0.22	0.99	0.86	0.96	0.05	0.82	0.16	-0.07	-0.72	0.57	-0.89	0.78	0.83	0.72	0.33
Cost Of Revenue	0.87	0.78	0.99	0.9	0.99	0.55	0.9	0.9		0.86	0.91	0.17	0.9	0.85	0.86	0.38	0.69	0.05	-0.14	-0.57	0.39	-0.68	0.61	0.63	0.57	0.15
Total Operating Expenses	0.94	0.95	0.92	0.98	0.92	0.16	0.95	0.95	0.86		0.93	0.42	0.93	0.83	1.0	0.1	0.73	0.21	-0.26	-0.78	0.56	-0.91	0.9	0.79	0.57	0.41
Income Before Tax	0.96	0.9	0.96	0.97	0.94	0.45	1.0	0.99	0.91	0.93		0.21	0.99	0.89	0.93	0.12	0.83	0.19	-0.07	-0.69	0.58	-0.84	0.75	0.78	0.69	0.34
Total Other Income Expense Net	0.14	0.23	0.21	0.26	0.24	-0.48	0.24	0.22	0.17	0.42	0.21		0.15	0.43	0.41	0.33	0.02	0.55	-0.67	-0.36	0.41	-0.24	0.6	0.07	-0.41	0.51
Net Income	0.97	0.92	0.95	0.97	0.93	0.45	0.99	0.99	0.9	0.93	0.99	0.15		0.82	0.93	0.05	0.84	0.13	-0.03	-0.69	0.52	-0.86	0.73	0.81	0.76	0.31
Income Tax Expense	0.78	0.73	0.86	0.82	0.87	0.41	0.88	0.86	0.85	0.83	0.89	0.43	0.82		0.82	0.35	0.65	0.37	-0.18	-0.59	0.73	-0.66	0.7	0.59	0.35	0.42
Selling General Administrative	0.94	0.96	0.92	0.98	0.92	0.17	0.96	0.96	0.86	1.0	0.93	0.41	0.93	0.82		0.09	0.73	0.21	-0.24	-0.78	0.56	-0.91	0.9	0.79	0.58	0.41
Research Development	-0.05	-0.13	0.25	0.03	0.32	0.29	0.08	0.05	0.38	0.1	0.12	0.33	0.05	0.35	0.09		-0.06	0.42	-0.14	0.09	-0.02	0.24	-0.1	-0.27	-0.37	0.22
Net Income From Continuing Ops	0.81	0.76	0.75	0.79	0.72	0.6	0.82	0.82	0.69	0.73	0.83	0.02	0.84	0.65	0.73	-0.06		0.08	0.06	-0.3	0.63	-0.8	0.56	0.91	0.75	0.43
Non Operating Income Net Other	0.04	0.1	0.05	0.05	0.09	-0.12	0.19	0.16	0.05	0.21	0.19	0.55	0.13	0.37	0.21	0.42	0.08		0.1	-0.17	0.37	-0.09	0.18	-0.02	-0.21	0.82
Minority Interest	-0.03	-0.1	-0.16	-0.19	-0.17	0.4	-0.08	-0.07	-0.14	-0.26	-0.07	-0.67	-0.03	-0.18	-0.24	-0.14	0.06	0.1		0.23	-0.18	0.1	-0.54	0.03	0.29	0.0
Non Recurring	-0.71	-0.75	-0.65	-0.74	-0.64	0.19	-0.71	-0.72	-0.57	-0.78	-0.69	-0.36	-0.69	-0.59	-0.78	0.09	-0.3	-0.17	0.23		-0.31	0.63	-0.77	-0.44	-0.39	-0.2
Tax Provision	0.52	0.53	0.45	0.53	0.44	0.22	0.58	0.57	0.39	0.56	0.58	0.41	0.52	0.73	0.56	-0.02	0.63	0.37	-0.18	-0.31		-0.58	0.63	0.64	0.19	0.64
Net Interest Income	-0.93	-0.97	-0.78	-0.91	-0.75	-0.15	-0.88	-0.89	-0.68	-0.91	-0.84	-0.24	-0.86	-0.66	-0.91	0.24	-0.8	-0.09	0.1	0.63	-0.58		-0.84	-0.92	-0.73	-0.39
Interest Income	0.77	0.85	0.72	0.84	0.7	-0.15	0.78	0.78	0.61	0.9	0.75	0.6	0.73	0.7	0.9	-0.1	0.56	0.18	-0.54	-0.77	0.63	-0.84		0.69	0.38	0.43
Reconciled Depreciation	0.87	0.88	0.72	0.83	0.68	0.36	0.81	0.83	0.63	0.79	0.78	0.07	0.81	0.59	0.79	-0.27	0.91	-0.02	0.03	-0.44	0.64	-0.92	0.69		0.77	0.38
Extraordinary Items	0.77	0.73	0.63	0.69	0.59	0.49	0.7	0.72	0.57	0.57	0.69	-0.41	0.76	0.35	0.58	-0.37	0.75	-0.21	0.29	-0.39	0.19	-0.73	0.38	0.77		-0.01
Selling And Marketing Expenses	0.25	0.35	0.2	0.27	0.22	-0.03	0.35	0.33	0.15	0.41	0.34	0.51	0.31	0.42	0.41	0.22	0.43	0.82	0.0	-0.2	0.64	-0.39	0.43	0.38	-0.01

Click cells to compare fundamentals

Parker Hannifin Account Relationship Matchups

Parker Hannifin income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	308.2M	250.0M	255.3M	573.9M	660.0M	693.0M
Total Revenue	13.7B	14.3B	15.9B	19.1B	21.9B	23.0B
Gross Profit	3.4B	3.9B	4.5B	6.4B	7.4B	7.8B
Operating Income	1.8B	2.5B	1.9B	1.6B	1.9B	998.2M
Ebit	1.8B	2.5B	1.9B	3.3B	3.7B	3.9B
Ebitda	2.4B	3.1B	2.4B	4.1B	4.7B	4.9B
Cost Of Revenue	10.3B	10.4B	11.4B	12.6B	14.5B	15.3B
Income Before Tax	1.5B	2.2B	1.6B	2.7B	3.1B	3.2B
Net Income	1.2B	1.7B	1.3B	2.1B	2.4B	2.5B
Income Tax Expense	305.9M	500.1M	298.0M	596.1M	685.5M	719.8M
Research Development	293.8M	259.0M	191M	258M	296.7M	272.4M
Minority Interest	14.5M	15.4M	(581K)	(600K)	(690K)	(655.5K)
Tax Provision	305.9M	500.1M	298.0M	596.1M	685.5M	468.6M
Net Interest Income	(277.2M)	(250.0M)	(255.3M)	(573.9M)	(516.5M)	(490.7M)
Interest Income	31M	7M	179.3M	573.9M	660.0M	693.0M

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When determining whether Parker Hannifin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Parker Hannifin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Parker Hannifin Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Parker Hannifin Stock:

How To Invest In Parker

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Is Parker Stock a good investment?

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What is Parker Hannifin's Net Worth?

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Largest Specialty Industrial Machinery Companies

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Check out Parker Hannifin Valuation and Parker Hannifin Correlation analysis.

For more detail on how to invest in Parker Stock please use our How to Invest in Parker Hannifin guide.

Note that the Parker Hannifin information on this page should be used as a complementary analysis to other Parker Hannifin's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Parker Stock analysis

When running Parker Hannifin's price analysis, check to measure Parker Hannifin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Parker Hannifin is operating at the current time. Most of Parker Hannifin's value examination focuses on studying past and present price action to predict the probability of Parker Hannifin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parker Hannifin's price. Additionally, you may evaluate how the addition of Parker Hannifin to your portfolios can decrease your overall portfolio volatility.

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Is Parker Hannifin's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Parker Hannifin. If investors know Parker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Parker Hannifin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.72

Dividend Share

5.77

Earnings Share

20.25

Revenue Per Share

154.399

Quarterly Revenue Growth

0.031

The market value of Parker Hannifin is measured differently than its book value, which is the value of Parker that is recorded on the company's balance sheet. Investors also form their own opinion of Parker Hannifin's value that differs from its market value or its book value, called intrinsic value, which is Parker Hannifin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Parker Hannifin's market value can be influenced by many factors that don't directly affect Parker Hannifin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Parker Hannifin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parker Hannifin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parker Hannifin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Parker Income Statement Research

Parker Hannifin income statement Correlations

Parker Hannifin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Parker Hannifin income statement Accounts

Becoming a Better Investor with Macroaxis

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Complementary Tools for Parker Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Ebitda	+ 1.0	Ebit
Income Before Tax	+ 1.0	Ebit
Selling General Administrative	+ 1.0	Total Operating Expenses
Cost Of Revenue	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Other Operating Expenses

Net Interest Income	- 0.97	Interest Expense
Net Interest Income	- 0.93	Depreciation And Amortization
Reconciled Depreciation	- 0.92	Net Interest Income
Net Interest Income	- 0.91	Selling General Administrative
Net Interest Income	- 0.91	Total Operating Expenses
Net Interest Income	- 0.91	Gross Profit