Parker-Hannifin Corporation (PH) Balance Sheet
PH balance sheet, FY2026
June 30, 2026 · U.S. dollars$30.88B assets = $15.46B liabilities + $15.41B equity
Both columns are drawn to the same scale: what PH owns equals what it owes plus shareholders’ equity. Hover a block for its value.
PH financial health
Current ratio1.26
Adequate · current assets cover current liabilities 1.26×
Debt / equity0.55
Moderate leverage · $0.55 of debt for each $1 of equity
Equity / assets49.9%
Equity-funded · of assets funded by shareholders
Cash / debt5.9%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles59.6%
Mostly intangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
PH balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $15.49BFY2017 | $30.88BFY2026 | +8.0%/yr | |
| Total liabilities | $10.22BFY2017 | $15.46BFY2026 | +4.7%/yr | |
| Shareholders’ equity | $5.26BFY2017 | $15.40BFY2026 | +12.7%/yr | |
| Cash & short-term investments | $924.2MFY2017 | $501.0MFY2026 | −6.6%/yr | |
| Total debt | $5.87BFY2017 | $8.52BFY2026 | +4.2%/yr | |
| Net cash (debt) | −$4.95BFY2017 | −$8.02BFY2026 | −$3.1B | |
| Working capital | $1.38BFY2017 | $1.60BFY2026 | +$215.1M | |
| Book value per share | $38.81FY2017 | $120.25FY2026 | +13.4%/yr | |
| Current ratio | 1.41FY2017 | 1.26FY2026 | −0.15 | |
| Debt / equity | 1.12FY2017 | 0.55FY2026 | −0.56 | |
| Shares outstanding | 135.6MFY2017 | 128.1MFY2026 | −0.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PH assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
PH liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
PH debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
PH balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $501.0M | $467.0M | $422.0M | $483.6M | $6.68B | $772.2M | $756.3M | $3.37B | $855.1M | $924.2M |
| Cash & equivalents | $501.0M | $467.0M | $422.0M | $475.2M | $6.65B | $733.1M | $685.5M | $3.22B | $822.1M | $884.9M |
| Short-term investments | — | — | −$1.03B | $8.4M | $27.9M | $39.1M | $70.8M | $150.9M | $33.0M | $39.3M |
| Receivables | $3.47B | $3.38B | $3.33B | $3.26B | $2.91B | $2.54B | $2.10B | $2.46B | $2.47B | $2.19B |
| Inventory | $3.17B | $2.84B | $2.79B | $2.91B | $2.21B | $2.09B | $1.96B | $1.68B | $1.62B | $1.55B |
| Other current assets | $555.0M | $267.0M | $256.0M | $182.6M | $242.6M | $209.8M | $215.0M | $159.8M | $134.9M | $120.3M |
| Total current assets | $7.70B | $6.95B | $6.80B | $6.83B | $12.05B | $5.62B | $5.03B | $7.67B | $5.09B | $4.78B |
| Property, plant & equipment (net) | $3.02B | $2.94B | $2.88B | $2.87B | $2.12B | $2.27B | $2.29B | $1.77B | $1.86B | $1.94B |
| Goodwill & intangible assets | $18.39B | $18.07B | $18.32B | $19.08B | $10.88B | $11.58B | $11.67B | $7.24B | $7.52B | $7.89B |
| Long-term investments | $0 | $0 | $0 | $1.10B | $788.1M | $774.2M | $764.6M | $747.8M | $801.0M | $842.5M |
| Other non-current assets | $1.77B | $1.54B | $1.30B | $81.4M | $110.6M | $104.3M | $126.8M | $150.5M | $57.6M | $36.1M |
| Total assets | $30.88B | $29.49B | $29.30B | $29.96B | $25.94B | $20.34B | $19.89B | $17.58B | $15.32B | $15.49B |
| Liabilities | ||||||||||
| Accounts payable | $2.44B | $2.13B | $1.99B | $2.05B | $1.73B | $1.67B | $1.11B | $1.41B | $1.43B | $1.30B |
| Short-term debt | $1.75B | $1.84B | $3.46B | $3.81B | $1.76B | $43.0M | $809.5M | $587.0M | $638.5M | $1.01B |
| Deferred revenue | — | $211.0M | $183.9M | $244.8M | $60.5M | $51.2M | $51.3M | $64.7M | — | — |
| Total current liabilities | $6.10B | $5.82B | $7.31B | $7.74B | $5.86B | $3.10B | $3.15B | $3.15B | $3.20B | $3.40B |
| Long-term debt | $6.77B | $7.49B | $7.16B | $8.80B | $9.76B | $6.58B | $7.65B | $6.52B | $4.32B | $4.86B |
| Other long-term liabilities | $2.60B | $2.49B | $2.75B | $3.09B | $1.47B | $2.25B | $2.85B | $1.94B | $1.94B | $1.96B |
| Total liabilities | $15.46B | $15.80B | $17.22B | $19.63B | $17.08B | $11.93B | $13.65B | $11.61B | $9.45B | $10.22B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $91.0M | $91.0M | $90.5M | $90.5M | $90.5M | $90.5M | $90.5M | $90.5M | $587.1M | $634.4M |
| Retained earnings (deficit) | $24.49B | $21.77B | $19.10B | $17.04B | $15.66B | $14.92B | $13.64B | $12.78B | $11.63B | $10.93B |
| Treasury stock | — | — | — | — | — | −$5.37B | −$5.36B | −$5.31B | −$4.59B | −$4.38B |
| Accumulated other comprehensive income | −$803.0M | −$883.0M | −$1.44B | −$1.29B | −$1.54B | −$1.57B | −$2.56B | −$2.06B | −$1.76B | −$1.92B |
| Minority interest | $9.0M | $9.0M | $9.0M | $11.4M | $11.9M | $15.4M | $14.5M | $6.2M | $5.6M | $5.7M |
| Total shareholders' equity | $15.40B | $13.68B | $12.07B | $10.33B | $8.85B | $8.40B | $6.23B | $5.96B | $5.86B | $5.26B |
| Key figures | ||||||||||
| Total debt | $8.52B | $9.64B | $10.97B | $12.98B | $11.72B | $6.81B | $8.46B | $7.11B | $4.96B | $5.87B |
| Net cash (debt) | −$8.02B | −$9.17B | −$10.55B | −$12.50B | −$5.04B | −$6.04B | −$7.71B | −$3.74B | −$4.10B | −$4.95B |
| Working capital | $1.60B | $1.13B | −$514.7M | −$901.1M | $6.19B | $2.52B | $1.89B | $4.52B | $1.89B | $1.38B |
| Tangible book value | −$2.98B | −$4.39B | −$6.25B | −$8.75B | −$2.03B | −$3.18B | −$5.44B | −$1.28B | −$1.66B | −$2.63B |
| Book value per share | $120.25 | $105.08 | $92.69 | $79.55 | $67.88 | $64.19 | $47.97 | $45.24 | $43.27 | $38.81 |
| Shares outstanding | 128.1M | 130.2M | 130.2M | 129.8M | 130.4M | 130.8M | 129.8M | 131.8M | 135.4M | 135.6M |
| Current ratio | 1.26 | 1.19 | 0.93 | 0.88 | 2.06 | 1.81 | 1.60 | 2.43 | 1.59 | 1.41 |
| Quick ratio | 0.65 | 0.66 | 0.51 | 0.48 | 1.64 | 1.07 | 0.91 | 1.85 | 1.04 | 0.92 |
| Debt / equity | 0.55 | 0.70 | 0.91 | 1.26 | 1.32 | 0.81 | 1.36 | 1.19 | 0.85 | 1.12 |
| Equity / assets | 49.9% | 46.4% | 41.2% | 34.5% | 34.1% | 41.3% | 31.3% | 33.9% | 38.2% | 34.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $501.0M | $476.0M | $427.0M | $473.0M | $467.0M | $408.7M | $395.5M | $371.1M | $422.0M | $415.5M | $393.9M | $456.9M |
| Cash & equivalents | $501.0M | $476.0M | $427.0M | $473.0M | $467.0M | $408.7M | $395.5M | $371.1M | $422.0M | $405.5M | $382.8M | $448.9M |
| Short-term investments | — | — | — | — | — | — | — | — | — | $10.0M | $11.1M | $7.9M |
| Receivables | $3.67B | $3.66B | $3.24B | $3.37B | $3.38B | $3.29B | $2.89B | $3.18B | $3.33B | $3.36B | $3.05B | $3.15B |
| Inventory | $3.17B | $3.18B | $3.15B | $3.08B | $2.84B | $2.82B | $2.81B | $2.87B | $2.79B | $2.97B | $3.09B | $3.03B |
| Other current assets | $359.0M | $294.0M | $373.0M | $301.0M | $267.0M | $253.9M | $257.4M | $610.3M | $256.0M | $204.8M | $189.2M | $197.4M |
| Total current assets | $7.70B | $7.61B | $7.19B | $7.23B | $6.95B | $6.78B | $6.35B | $7.03B | $6.80B | $6.94B | $6.73B | $6.83B |
| Property, plant & equipment (net) | $3.22B | $2.96B | $2.97B | $2.97B | $2.94B | $2.82B | $2.80B | $2.84B | $2.88B | $2.87B | $2.91B | $2.84B |
| Goodwill & intangible assets | $18.39B | $18.52B | $18.76B | $18.90B | $18.07B | $17.83B | $17.80B | $18.37B | $18.32B | $18.54B | $18.83B | $18.72B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.26B | $0 | $0 | $1.16B | $1.14B |
| Other non-current assets | $1.57B | $1.59B | $1.59B | $1.58B | $1.54B | $1.49B | $1.32B | $91.9M | $1.30B | $1.22B | $77.3M | $72.5M |
| Total assets | $30.88B | $30.68B | $30.51B | $30.68B | $29.49B | $28.92B | $28.27B | $29.60B | $29.30B | $29.58B | $29.69B | $29.59B |
| Liabilities | ||||||||||||
| Accounts payable | $2.44B | $2.30B | $2.05B | $2.15B | $2.13B | $1.98B | $1.79B | $1.95B | $1.99B | $1.96B | $1.97B | $2.04B |
| Short-term debt | $1.80B | $2.81B | $2.39B | $2.85B | $1.84B | $1.95B | $2.37B | $3.52B | $3.46B | $4.08B | $3.68B | $3.59B |
| Deferred revenue | $192.0M | $209.0M | $198.0M | $211.0M | $211.0M | $185.5M | $188.0M | $179.3M | $183.9M | $211.8M | $226.4M | $222.8M |
| Total current liabilities | $6.10B | $6.74B | $6.09B | $6.78B | $5.82B | $5.61B | $5.99B | $7.34B | $7.31B | $7.99B | $7.50B | $7.67B |
| Long-term debt | $6.77B | $6.77B | $7.48B | $7.49B | $7.49B | $7.42B | $6.67B | $6.67B | $7.16B | $7.29B | $8.11B | $8.60B |
| Other long-term liabilities | $2.60B | $2.56B | $2.62B | $2.63B | $2.49B | $2.48B | $2.49B | $2.69B | $2.75B | $2.69B | $2.78B | $2.75B |
| Total liabilities | $15.46B | $16.06B | $16.19B | $16.89B | $15.80B | $15.52B | $15.14B | $16.70B | $17.22B | $17.98B | $18.38B | $19.02B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $91.0M | $91.0M | $91.0M | $91.0M | $91.0M | $90.5M | $90.5M | $90.5M | $90.5M | $90.5M | $90.5M | $90.5M |
| Retained earnings (deficit) | $24.49B | $23.65B | $22.97B | $22.36B | $21.77B | $21.08B | $20.33B | $19.59B | $19.10B | $18.53B | $17.99B | $17.50B |
| Accumulated other comprehensive income | −$803.0M | −$980.0M | −$903.0M | −$924.0M | −$883.0M | −$1.36B | −$1.54B | −$1.09B | −$1.44B | −$1.41B | −$1.24B | −$1.51B |
| Minority interest | $9.0M | $8.0M | $9.0M | $9.0M | $9.0M | — | — | — | — | — | — | — |
| Total shareholders' equity | $15.40B | $14.61B | $14.31B | $13.78B | $13.68B | $13.39B | $13.12B | $12.89B | $12.07B | $11.59B | $11.30B | $10.57B |
| Key figures | ||||||||||||
| Total debt | $8.73B | $9.58B | $9.87B | $10.33B | $9.64B | $9.37B | $9.04B | $10.19B | $10.97B | $11.37B | $11.79B | $12.19B |
| Net cash (debt) | −$8.23B | −$9.11B | −$9.44B | −$9.86B | −$9.17B | −$8.96B | −$8.65B | −$9.82B | −$10.55B | −$10.96B | −$11.40B | −$11.73B |
| Working capital | $1.60B | $871.0M | $1.11B | $448.0M | $1.13B | $1.16B | $361.2M | −$304.3M | −$514.7M | −$1.05B | −$767.2M | −$837.5M |
| Tangible book value | −$2.98B | −$3.91B | −$4.45B | −$5.12B | −$4.39B | −$4.44B | −$4.68B | −$5.48B | −$6.25B | −$6.95B | −$7.52B | −$8.15B |
| Book value per share | $120.53 | $114.13 | $111.72 | $107.30 | $106.06 | $102.41 | $100.33 | $98.65 | $92.40 | $88.76 | $86.70 | $81.05 |
| Shares outstanding | 127.8M | 128.0M | 128.1M | 128.4M | 129.0M | 130.8M | 130.8M | 130.7M | 130.6M | 130.6M | 130.4M | 130.4M |
| Current ratio | 1.26 | 1.13 | 1.18 | 1.07 | 1.19 | 1.21 | 1.06 | 0.96 | 0.93 | 0.87 | 0.90 | 0.89 |
| Quick ratio | 0.68 | 0.61 | 0.60 | 0.57 | 0.66 | 0.66 | 0.55 | 0.48 | 0.51 | 0.47 | 0.46 | 0.47 |
| Debt / equity | 0.57 | 0.66 | 0.69 | 0.75 | 0.70 | 0.70 | 0.69 | 0.79 | 0.91 | 0.98 | 1.04 | 1.15 |
| Equity / assets | 49.9% | 47.6% | 46.9% | 44.9% | 46.4% | 46.3% | 46.4% | 43.6% | 41.2% | 39.2% | 38.1% | 35.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed August 21, 2026); data from EODHD.
PH financial position
At the end of fiscal 2026 (June 30, 2026), Parker-Hannifin had total assets of $30.9 billion (up 4.7% from a year earlier), total liabilities of $15.5 billion and shareholders' equity of $15.4 billion. It held $501.0 million in cash and short-term investments against $8.5 billion of debt, net debt of $8.0 billion. Its current ratio was 1.26.
Related: PH income statement, PH cash flow statement, PH key metrics. See the PH stock overview for the latest quote and news.
PH balance sheet FAQ
What are Parker-Hannifin's total assets?
Parker-Hannifin reported total assets of $30.9 billion at the end of fiscal 2026 (June 30, 2026), compared with $29.5 billion a year earlier.
How much debt does Parker-Hannifin have?
Parker-Hannifin had $8.5 billion of total debt at the end of fiscal 2026, including short-term borrowings. Its debt-to-equity ratio was 0.55.
How much cash does Parker-Hannifin have?
Parker-Hannifin held $501.0 million in cash and short-term investments at the end of fiscal 2026; with $8.5 billion of debt that is net debt of $8.0 billion.
What is Parker-Hannifin's book value?
Parker-Hannifin's shareholders' equity (book value) was $15.4 billion at the end of fiscal 2026, or $120.25 per share.
What is Parker-Hannifin's current ratio?
Parker-Hannifin had current assets of $7.7 billion and current liabilities of $6.1 billion, a current ratio of 1.26 (it can cover its short-term obligations).
How much goodwill does Parker-Hannifin have?
Parker-Hannifin carried $18.4 billion of goodwill and intangible assets, 59.6% of total assets, at the end of fiscal 2026.