Parker-Hannifin Corporation
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Jennifer A. Parmentier
- Full Time Employees
- 59,850
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- 6035 Parkland Boulevard Cleveland OH United States 44124-4141
- IPO Date
- Dec 9, 1964
- CIK
- 0000076334
- Website
- parker.com
- Similar Companies
- Business
- Parker-Hannifin Corporation manufactures motion and control technologies and systems for diversified industrial, aerospace, and mobile markets worldwide; its products and services span fluid power systems including hydraulic and pneumatic components, electromechanical controls such as electric actuators, stepper and servo motors, drives, and controllers; filtration solutions encompassing analytical gas generators, compressed air and gas filters, engine air, fuel, oil filtration systems, hydraulic and coolant filters, nitrogen and hydrogen generators, process and water microfiltration; fluid connectors, fittings, hoses, and couplings; engineered materials like thermally conductive gap fillers, adhesives, gap pads, gels, greases, and rubber-to-metal seals; climate and industrial controls; instrumentation products for process monitoring and measurement; hybrid and electric vehicle components including permanent magnet AC motors, electro-hydraulic pumps, thermal interface materials, and bonded fasteners for HVAC and battery cooling; and aerospace systems featuring hydraulic equipment, flight controls, fuel systems, high-temperature bleed air valves, and thermal management solutions. The company operates through two primary segments, Diversified Industrial and Aerospace Systems, serving original equipment manufacturers, distributors, aftermarket customers, and end users in sectors such as off-highway equipment, in-plant machinery, energy, transportation, HVAC and refrigeration, commercial and military aircraft, defense platforms, and emerging electrification markets; it maintains geographic operations across North America, Europe, Asia-Pacific, and Latin America with approximately 57,950 employees. Founded in 1917 and headquartered in Cleveland, Ohio, Parker-Hannifin pursues growth through strategic acquisitions and its Win Strategy framework focused on operational excellence. Recent major developments include the November 2025 announcement of a definitive agreement to acquire Filtration Group Corporation for $9.25 billion in cash, expanding its filtration portfolio with complementary proprietary technologies, $2 billion in expected annual sales, strong aftermarket revenue streams, and projected $220 million in cost synergies, creating one of the largest global industrial filtration businesses serving life sciences, HVAC/R, and industrial verticals; and the June 2025 agreement to acquire Curtis Instruments for $1 billion to bolster electric and industrial vehicle technologies including inverters and instrumentation.
Company News
Parker to Announce Fiscal 2027 First Quarter Earnings on November 5; Conference Call and Webcast Scheduled for 11 a.m. Eastern
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