Parker-Hannifin Corporation (PH)

Operating profit margin

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Operating income	US$ in thousands	4,068,820	3,404,180	2,975,040	2,459,940	1,966,700
Revenue	US$ in thousands	19,984,900	18,807,800	15,709,500	14,233,900	13,372,200
Operating profit margin		20.36%	18.10%	18.94%	17.28%	14.71%

June 30, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $4,068,820K ÷ $19,984,900K
= 20.36%

The operating profit margin of Parker-Hannifin Corporation has shown a positive trend over the past five years, increasing from 14.71% in 2020 to 20.36% in 2024. This indicates the company's ability to generate profits from its core operations, with a steady improvement in efficiency and cost management. The consistent growth in operating profit margin reflects a stronger profitability position, suggesting effective operational performance and potential for sustainable financial health. Overall, the increasing trend in operating profit margin demonstrates Parker-Hannifin Corporation's ability to efficiently convert revenue into profits over the years.