Parker-Hannifin Corporation (PH)
Pretax margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 4,107,000 | 3,594,600 | 2,679,660 | 1,614,230 | 2,246,960 |
| Revenue | US$ in thousands | 19,850,000 | 19,929,600 | 19,065,200 | 15,861,600 | 14,347,600 |
| Pretax margin | 20.69% | 18.04% | 14.06% | 10.18% | 15.66% |
June 30, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $4,107,000K ÷ $19,850,000K
= 20.69%
The pretax margin of Parker-Hannifin Corporation has exhibited notable fluctuations over the analyzed period from June 30, 2021, through June 30, 2025. At the close of fiscal 2021, the pretax margin was recorded at 15.66%, indicating the proportion of earnings before tax relative to total revenue during that period. However, this figure declined significantly in fiscal 2022 to 10.18%, reflecting a decrease of approximately 5.48 percentage points. This decline may suggest increased costs, operational challenges, or changes in pricing strategies impacting profitability before taxes.
In fiscal 2023, the pretax margin saw a recovery, rising to 14.06%, thereby narrowing the decline observed in the previous year. This rebound indicates improved operational efficiency or better margin management. The positive trend continued into fiscal 2024, with the pretax margin reaching 18.04%, surpassing the previous years' levels and signaling a strong year in terms of profitability before tax.
Looking ahead to fiscal 2025, forecasted pretax margins further expand to 20.69%, representing a substantial increase and suggesting ongoing operational improvements, cost control measures, or favorable market conditions. Overall, the pretax margin trend demonstrates initial contraction followed by a significant recovery and accelerated growth, culminating in the highest margin within the analyzed timeframe. This pattern reflects periods of operational resilience and strategic adaptation to prevailing market dynamics.
Peer comparison
Jun 30, 2025