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Parker Hannifin Corp (Parker) is a manufacturer of motion and control technologies and systems. The company offers critical motion and control solutions, including fluid power systems, electromechanical controls and related components. Its products find use in various industries and applications, including food production machinery, alternative energy, 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. The company has manufacturing facilities and sales 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


Telephone 1 216 8963000

No of Employees 55,090

Industry Industrial Goods and Machinery

Ticker Symbol & Exchange PH (NYSE)

Revenue (2023) $15.9B 4.8% (2023 vs 2022)

EPS XXX

Net Income (2023) XXX 45.3% (2023 vs 2022)

Market Cap* $43.3B

Net Profit Margin (2022) XXX 38.6% (2023 vs 2022)

* As of and is in US$

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ICT Spend & Tech Priorities

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Products and Services

Products Services
Aerospace Systems and Technologies Consulting Services
Air Preparation (FRL) and Dryers Custom Manufacturing
Cylinders and Actuators Testing Services
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XXX XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 New Products/Services In October, the company announced the launch of iPRESS, a long-range wireless tire pressure gauge for aviation.
2022 Contracts/Agreements In September, Parker Aerospace was selected by Boeing to supply its AP15V engine-driven pump (EDP) for the hydraulic system of the B-52H Stratofortress.
2022 Acquisitions/Mergers/Takeovers In September, the company completed the acquisition of Meggitt Plc, an aerospace company for approximately GBP6.3 billion.
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Competitor Comparison

Key Parameters Parker Hannifin Corp Raytheon Technologies Corp Danaher Corp Eaton Corporation Plc Safran SA
Headquarters United States of America United States of America United States of America Ireland France
City Cleveland Waltham Washington Dublin Paris
State/Province Ohio Massachusetts WashingtonD.C. - -
No. of Employees 55,090 174,000 78,000 85,947 76,765
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Thomas L. Williams Chairman Executive Board - -
Jennifer A. Parmentier Chief Executive Officer Senior Management - -
Todd M. Leombruno Chief Financial Officer; Executive Vice President Senior Management 2017 52
Andrew D. Ross Chief Operating Officer Senior Management 2023 -
Mark T. Czaja Chief Technology and Innovation Officer; Vice President - Technology and Innovation Senior Management 2021 60
Non Dignissim Eros Proin vel Convallis 2023 XX
Non Dignissim Eros Proin vel Convallis 2023 XX
Non Dignissim Eros Proin vel Convallis 2023 XX
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