Parker-Hannifin Corporation (PH)
Gross profit margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 7,315,000 | 7,157,380 | 6,459,760 | 4,386,160 | 3,904,760 |
| Revenue | US$ in thousands | 19,850,000 | 19,929,600 | 19,065,200 | 15,861,600 | 14,347,600 |
| Gross profit margin | 36.85% | 35.91% | 33.88% | 27.65% | 27.22% |
June 30, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $7,315,000K ÷ $19,850,000K
= 36.85%
The gross profit margin of Parker-Hannifin Corporation exhibits a consistent upward trend over the period from June 30, 2021, to June 30, 2025. Specifically, the gross profit margin increased from 27.22% in 2021 to 27.65% in 2022, indicating a modest improvement. This upward movement becomes more pronounced starting in 2023, with the margin rising significantly to 33.88%, suggesting enhancements in cost management, pricing strategies, or product mix optimization. The upward trajectory continues into the subsequent years, reaching 35.91% in 2024 and further climbing to 36.85% in 2025. The expanding gross profit margin reflects the company's ability to generate higher gross profit relative to its sales, potentially driven by operational efficiencies, favorable market conditions, or strategic pricing increases. Overall, this steady improvement signals a strengthening in profitability at the gross level over the analyzed period.
Peer comparison
Jun 30, 2025