Parker-Hannifin Corporation (PH)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $13,682,000K
= 0.00
The analysis of Parker-Hannifin Corporation’s debt-to-equity ratio over the specified period reveals a consistent pattern. From June 30, 2021, through June 30, 2025, the debt-to-equity ratio remains at 0.00, indicating that the company has reported no debt relative to shareholders’ equity during these years. This steadiness suggests that Parker-Hannifin has maintained a debt-free capital structure over this timeframe, relying entirely on equity financing for its operations and investments. The persistent absence of leverage reflected by the zero debt-to-equity ratio may imply a conservative financial strategy focused on equity funding, minimal financial risk associated with debt, or a strong cash position enabling internal funding. Overall, this consistent ratio underscores that the company’s leverage levels have not fluctuated, emphasizing a stable and potentially low-risk capital structure during these years.
Peer comparison
Jun 30, 2025