Parker-Hannifin Corporation (PH)

Net profit margin

		Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020
Net income (ttm)	US$ in thousands	3,530,828	3,392,791	3,158,499	2,891,808	2,844,215	2,768,208	2,632,523	2,346,133	2,083,343	1,503,218	1,260,417	1,252,685	1,315,805	1,691,767	1,816,918	1,876,495	1,745,757	1,536,680	1,430,694	1,187,862
Revenue (ttm)	US$ in thousands	19,849,920	19,793,740	19,907,750	19,986,110	19,929,620	19,838,740	19,826,040	19,679,900	19,065,190	18,157,080	17,181,810	16,331,580	15,861,610	15,632,650	15,292,590	14,879,910	14,347,640	13,549,370	13,505,470	13,591,540
Net profit margin		17.79%	17.14%	15.87%	14.47%	14.27%	13.95%	13.28%	11.92%	10.93%	8.28%	7.34%	7.67%	8.30%	10.82%	11.88%	12.61%	12.17%	11.34%	10.59%	8.74%

June 30, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,530,828K ÷ $19,849,920K
= 17.79%

The net profit margin of Parker-Hannifin Corporation has exhibited a general upward trend over the analyzed period, indicating an improvement in profitability. Starting from 8.74% as of September 30, 2020, the margin increased consistently, reaching a peak of 17.79% by June 30, 2025. Notably, there was a steady escalation from late 2020 through mid-2021, with the margin ascending from 8.74% to approximately 12.61%, reflecting enhanced profitability or improved operational efficiencies during that interval.

In the subsequent periods, the net profit margin experienced some fluctuations, particularly between late 2021 and early 2023, where it declined from around 12.61% down to approximately 7.34%, suggesting periods of increased costs or adverse market conditions impacting bottom-line profitability. However, from mid-2023 onward, a consistent recovery is observed, with margins rising from approximately 8.28% in March 2023 to nearly 15.87% by the end of 2024, and continuing upward into 2025.

This overall pattern underscores a trajectory of strengthening profitability, with the company progressively consolidating gains in net margin. The observed fluctuations in the interim periods could be attributable to market cyclicality, strategic investments, or external economic factors, but the sustained upward trend in recent periods signals a positive outlook on the company's ability to generate profit relative to its revenue base over time.