Parker-Hannifin Corporation (PH)
Operating return on assets (Operating ROA)
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 4,060,000 | 3,901,280 | 3,220,660 | 2,814,740 | 2,402,290 |
| Total assets | US$ in thousands | 29,494,000 | 29,297,800 | 29,964,500 | 25,943,900 | 20,341,200 |
| Operating ROA | 13.77% | 13.32% | 10.75% | 10.85% | 11.81% |
June 30, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $4,060,000K ÷ $29,494,000K
= 13.77%
The operating return on assets (ROA) for Parker-Hannifin Corporation has demonstrated varying performance over the specified period. As of June 30, 2021, the operating ROA stood at 11.81%, reflecting the company’s efficiency in generating operating income relative to its total assets at that time. By June 30, 2022, this metric declined to 10.85%, indicating a reduction in operating efficiency or potential pressures on profitability relative to asset base. The decline persisted into June 30, 2023, with the operating ROA decreasing slightly further to 10.75%, which could suggest continued operational challenges or shifts in asset utilization.
However, a notable positive shift is observed in the subsequent periods. By June 30, 2024, the operating ROA increased significantly to 13.32%, signaling an improvement in operating profitability or more effective asset management. This upward trend continued through June 30, 2025, with the operating ROA reaching 13.77%, further emphasizing enhanced operational performance and asset utilization efficiency. Overall, despite initial declines, the recent years reflect a recovery and growth in the company’s ability to generate operating income from its assets, indicating a strengthening of operational profitability and efficiency.
Peer comparison
Jun 30, 2025