Parker-Hannifin
PH
#255
Rank
$71.29 B
Marketcap
$554.61
Share price
1.74%
Change (1 day)
40.85%
Change (1 year)
Parker-Hannifin is an American corporation specializing in motion and control technologies.

Operating Margin for Parker-Hannifin (PH)

Operating Margin as of July 2024 (TTM): 17.70%

According to Parker-Hannifin 's latest financial reports and stock price the company's current Operating Margin is 17.70%. At the end of 2023 the company had an Operating Margin of 17.07%.

Operating Margin history for Parker-Hannifin from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202317.07%44.79%
202211.79%-32.28%
202117.40%31.32%
202013.25%-11.3%
201914.94%11.52%
201813.40%8.08%
201712.40%12.54%
201611.01%-9.71%
201512.20%-1.66%
201412.40%15.11%
201310.78%-15.15%
201212.70%3.6%
201112.26%42.71%
20108.59%11.37%
20097.71%-34.65%
200811.80%3.84%
200711.37%8.68%
200610.46%3.28%
200510.13%28.17%
20047.90%34.6%
20035.87%4.29%
20025.63%-41.11%
20019.56%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
12.79%-27.74%๐Ÿ‡บ๐Ÿ‡ธ USA
8.71%-50.79%๐Ÿ‡บ๐Ÿ‡ธ USA
15.05%-14.97%๐Ÿ‡บ๐Ÿ‡ธ USA
15.82%-10.62%๐Ÿ‡บ๐Ÿ‡ธ USA
23.22% 31.19%๐Ÿ‡บ๐Ÿ‡ธ USA
15.13%-14.52%๐Ÿ‡บ๐Ÿ‡ธ USA
21.11% 19.27%๐Ÿ‡บ๐Ÿ‡ธ USA
14.99%-15.31%๐Ÿ‡บ๐Ÿ‡ธ USA
15.75%-11.02%๐Ÿ‡ฎ๐Ÿ‡ช Ireland

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.