Parker-Hannifin Corporation (PH)
Debt-to-capital ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 13,682,000 | 12,072,000 | 10,326,900 | 8,848,010 | 8,398,310 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $13,682,000K)
= 0.00
The debt-to-capital ratio for Parker-Hannifin Corporation has consistently been reported at 0.00 across the analyzed periods from June 30, 2021, through June 30, 2025. This indicates an absence of long-term or short-term debt in the company's capital structure during these years. Consequently, the company's total capitalization appears to be solely comprised of equity, with no leverage derived from debt financing. This zero debt-to-capital ratio suggests a conservative financial strategy, potentially reflecting a preference for operational or internal funding sources over debt issuance. Such a capital structure may mitigate financial risk and interest expense but could also limit growth opportunities that leverage might facilitate. Overall, the data demonstrates a stable and unleveraged capital profile maintained over the five-year span.
Peer comparison
Jun 30, 2025