Parker Hannifin Corp - Company Profile
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Parker Hannifin Corp (Parker) manufactures motion and control technology systems. Its major products include fluid power systems, electromechanical controls, related components, climate control systems, aerospace systems, electromechanical systems, hydraulics, pneumatics, process control, sealing, and shielding technologies. The company's products serve a diverse range of customers and applications across industries such as life sciences and medical, oil and gas, power generation, industrial machinery, agriculture, construction machinery, marine, mining, chemical and refining, telecommunications, aerospace, industrial and commercial refrigeration, and transportation, among others, through the brands such as Autoclave, Baldwin, and Sporlan. It has manufacturing facilities and subsidiaries in the Americas, Europe, Asia Pacific, the Middle East, and Africa. Parker is headquartered in Cleveland, Ohio, the US.
Headquarters
United States of America
Address
6035 Parkland Boulevard, Cleveland, Ohio, 44124-4141
Website
www.parker.com
Telephone
1 216 8962708
No of Employees
57,950
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
PH (NYSE)
Revenue (2024)
$19.9B
-0.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
24.1%
(2024 vs 2023)
Market Cap*
$121.2B
Net Profit Margin (2024)
XYZ
24.7%
(2024 vs 2023)
* As of and is in US$
Parker Hannifin Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Adhesives, Coatings and Encapsulants | Custom Manufacturing | Atlas Cylinders |
| Air Preparation (FRL) and Dryers | Consulting Services | Autoclave |
| Aerospace Systems and Technologies | Repair Services | BHA Filters |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In May, the company secured a US$11.6 million contract from Naval Supply Systems Command Weapon Systems Support for the overhaul of the 583 Secondary Bleed Air Pressure Regulating Valves used on the F/A-18 aircraft. |
| 2026 | Contracts/Agreements | In May, the company signed an agreement to acquire the Commercial and Defense Aerospace business of CIRCOR International, Inc. |
| 2026 | Contracts/Agreements | In May, the company secured a US$17.8 million contract for the overhaul of 443 hydraulic horizontal stabilator servo cylinders used on the F18 E/F aircraft from the Naval Supply Systems Command Weapon Systems Support. |
Competitor Comparison
| Key Parameters | Parker Hannifin Corp | RTX Corp | Honeywell International Inc | Safran SA | Eaton Corporation Plc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | France | Ireland |
| City | Cleveland | Arlington | Charlotte | Paris | Dublin |
| State/Province | Ohio | Virginia | North Carolina | Ile-de-France | - |
| No. of Employees | 57,950 | 180,000 | 101,000 | 110,535 | 97,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jennifer A. Parmentier | Chairman; Chief Executive Officer | Executive Board | 2024 | 58 |
| Todd M. Leombruno | Chief Financial Officer; Executive Vice President | Senior Management | 2017 | 55 |
| Andrew D. Ross | Chief Operating Officer; President | Senior Management | 2024 | 58 |
| Dinu J. Parel | Chief Digital Officer; Vice President; Chief Information Officer | Senior Management | 2018 | 44 |
| Mark T. Czaja | Vice President; Chief Technology and Innovation Officer | Senior Management | 2021 | 63 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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