Parker-Hannifin Corporation (PH)
Debt-to-equity ratio
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 13,682,000 | 13,391,000 | 13,118,600 | 12,891,900 | 12,072,000 | 11,590,900 | 11,302,600 | 10,565,400 | 10,326,900 | 9,781,300 | 9,322,380 | 8,762,520 | 8,848,010 | 8,959,870 | 8,755,080 | 8,490,780 | 8,398,310 | 7,392,200 | 7,105,980 | 6,528,960 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 data indicates that Parker-Hannifin Corporation maintained a debt-to-equity ratio of zero across all reported periods from September 30, 2020, through June 30, 2025. This consistent value suggests that the company has not recorded any long-term or short-term debt during this timeframe, implying a capital structure financed entirely through equity rather than debt instruments. Consequently, the company's leverage remains at nil, reflecting an absence of financial leverage risk associated with debt. This pattern may point to a conservative financing approach, a historically strong equity position, or specific accounting policies that do not recognize or include certain liabilities under debt. It should be noted that such a scenario is relatively uncommon for a manufacturing corporation of Parker-Hannifin's size, and further review of financial notes and disclosures would be necessary to confirm the nature of their capital structure and debt policies.
Peer comparison
Jun 30, 2025