Parker-Hannifin
PH
#250
Rank
$69.30 B
Marketcap
$539.72
Share price
0.95%
Change (1 day)
67.12%
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 April 2024 (TTM): 14.05%

According to Parker-Hannifin 's latest financial reports and stock price the company's current Operating Margin is 14.05%. At the end of 2022 the company had an Operating Margin of 11.79%.

Operating Margin history for Parker-Hannifin from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202211.79%-32.28%
202117.40%30.9%
202013.29%-10.35%
201914.83%10.69%
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%11.6%
20097.70%-35.19%
200811.88%4.49%
200711.37%8.68%
200610.46%2.91%
200510.16%27.91%
20047.95%34.12%
20035.92%5.26%
20025.63%-41.11%
20019.56%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
15.13% 7.69%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.37%-109.75%๐Ÿ‡บ๐Ÿ‡ธ USA
23.55% 67.62%๐Ÿ‡บ๐Ÿ‡ธ USA
19.68% 40.07%๐Ÿ‡บ๐Ÿ‡ธ USA
26.34% 87.47%๐Ÿ‡บ๐Ÿ‡ธ USA
13.46%-4.20%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
15.45% 9.96%๐Ÿ‡บ๐Ÿ‡ธ USA
17.04% 21.28%๐Ÿ‡บ๐Ÿ‡ธ USA
8.71%-38.01%๐Ÿ‡บ๐Ÿ‡ธ USA

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.