Parker-Hannifin Corporation

NYSE PH

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Parker-Hannifin Corporation Return on Common Equity 2 year CAGR for the Trailing 12 Months (TTM) ending June 30, 2023: 9.21%

Parker-Hannifin Corporation Return on Common Equity 2 year CAGR is 9.21% for the Trailing 12 Months (TTM) ending June 30, 2023, a 107.52% change year over year. Return on common equity measures the profitability of a company relative to its common shareholders' equity. It is calculated by dividing the net income by the common stock (net). This ratio indicates how effectively a company generates profit for its common shareholders' equity investment. A higher return on common equity suggests better profitability and value creation for common shareholders. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Parker-Hannifin Corporation Return on Common Equity for the Trailing 12 Months (TTM) ending March 31, 2023 was 415.15%, a -11.15% change year over year.
Parker-Hannifin Corporation Return on Common Equity for the Trailing 12 Months (TTM) ending March 31, 2022 was 467.22%, a 10.02% change year over year.
Parker-Hannifin Corporation Return on Common Equity for the Trailing 12 Months (TTM) ending March 31, 2021 was 424.66%, a 16.11% change year over year.
Parker-Hannifin Corporation Return on Common Equity for the Trailing 12 Months (TTM) ending March 31, 2020 was 365.73%, a -8.79% change year over year.

NYSE: PH

Parker-Hannifin Corporation

CEO	Mr. Thomas L. Williams
IPO Date	July 1, 1985
Location	United States
Headquarters	6035 Parkland Boulevard, Cleveland, OH, United States, 44124-4141
Employees	62,730
Sector	Industrials
Industry	Specialty industrial machinery

Description

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment. This segment sells its products to original equipment manufacturers (OEMs) and distributors who serve the replacement markets in manufacturing, packaging, processing, transportation, construction, refrigeration and air conditioning, agricultural, and military machinery and equipment industries. The Aerospace Systems segment offers products for use in commercial and military airframe and engine programs, such as control actuation systems and components, engine build-up ducting, engine exhaust nozzles and assemblies, engine systems and components, fluid conveyance systems and components, fuel systems and components, fuel tank inerting systems, hydraulic systems and components, lubrication components, avionics, sensors, pneumatic control components, thermal management products, fire detection and suppression systems and components, and wheels and brakes, as well as fluid metering, delivery, and atomization devices. This segment markets its products directly to OEMs and end users. The company markets its products through direct-sales employees, independent distributors, and sales representatives. Parker-Hannifin Corporation was founded in 1917 and is headquartered in Cleveland, Ohio.

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