Lee Banks - Parker Hannifin President, Chief Operating Officer, Director

PH Stock  USD 705.09  2.41  0.34%   

President

Mr. Lee C. Banks is President, Chief Operating Officer, Director of the company. He was an Executive Vice President from August 2008 to February 2015 and an Operating Officer from November 2006 to February 2015. He is also a Director of Nordson Corporationrationration. since 2021.
Age 61
Tenure 3 years
Address 6035 Parkland Boulevard, Cleveland, OH, United States, 44124-4141
Phone216 896 3000
Webhttps://www.phstock.com
Banks is also a Director of Nordson Corporationrationrationration.

Parker Hannifin Management Efficiency

The company has Return on Asset (ROA) of 0.0855 % which means that for every $100 of assets, it generated a profit of $0.0855. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.2464 %, which means that it produced $0.2464 on every 100 dollars invested by current stockholders. Parker Hannifin's management efficiency ratios could be used to measure how well Parker Hannifin manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Parker Hannifin's Return On Tangible Assets are increasing as compared to previous years. The Parker Hannifin's current Return On Capital Employed is estimated to increase to 0.17, while Return On Assets are projected to decrease to 0.05. As of now, Parker Hannifin's Intangible Assets are increasing as compared to previous years. The Parker Hannifin's current Other Assets is estimated to increase to about 1.1 B, while Non Currrent Assets Other are projected to decrease to under 574.1 M.
Parker Hannifin reports 10.56 B of total liabilities with total debt to equity ratio (D/E) of 1.31, which is normal for its line of buisiness. Parker Hannifin has a current ratio of 2.02, indicating that it is in good position to pay out its debt commitments in time. Note however, debt could still be an excellent tool for Parker to invest in growth at high rates of return.

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Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company was founded in 1917 and is headquartered in Cleveland, Ohio. Parker-Hannifin Corp operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 55090 people. Parker Hannifin (PH) is traded on New York Stock Exchange in USA. It is located in 6035 Parkland Boulevard, Cleveland, OH, United States, 44124-4141 and employs 61,120 people. Parker Hannifin is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Parker Hannifin Leadership Team

Elected by the shareholders, the Parker Hannifin's board of directors comprises two types of representatives: Parker Hannifin inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Parker. The board's role is to monitor Parker Hannifin's management team and ensure that shareholders' interests are well served. Parker Hannifin's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Parker Hannifin's outside directors are responsible for providing unbiased perspectives on the board's policies.
Andrew Ross, Vice President and President – Engineered Materials Group
Joseph JD, General VP
Roger Sherrard, Vice President and President – Aerospace Group
Jillian Evanko, Independent Director
Lee Banks, President, Chief Operating Officer, Director
Mark Hart, Executive Vice President – Human Resources and External Affairs
Dinu Parel, Vice President, Chief Chief Digital and Information Officer
Lance Fritz, Independent Director
Robert Bohn, Independent Director
Thomas Williams, Chairman of the Board, Chief Executive Officer
James Wainscott, Lead Independent Director
Robert Malone, Vice President and President – Filtration Group
Linda Harty, Independent Director
Martin Maxwell, Vice President Chief Technology and Innovation Officer
Patrick Scott, VP Group
Laura Thompson, Independent Director
Berend Bracht, Vice President and President - Motion Systems Group
Kevin Lobo, Independent Director
Jay Reidy, VP Group
William Lacey, Independent Director
Joseph Scaminace, Independent Director
Candido Lima, President Group
Candy Obourn, Independent Director
Todd Leombruno, Chief Financial Officer, Executive Vice President
Catherine Suever, Executive Vice President - Finance & Administration and Chief Financial Officer
Ake Svensson, Independent Director
Mark Czaja, Vice President Chief Technology and Innovation Officer
Robin Davenport, Vice Finance
Rachid Bendali, VP Group
Aidan Gormley, Director Branding
James Verrier, Independent Director
David Ostro, Vice Treasurer
Jennifer Parmentier, Vice President and President – Engineered Materials Group
Thomas Gentile, Vice President - Global Supply Chain
Andrew Weeks, Vice President and President - Engineered Materials Group
Jeff Miller, Vice Relations
Angela Ives, Vice President Controller
Michael OHara, Vice Marketing
Joseph Leonti, Vice President General Counsel, Secretary
William Bowman, Vice President and President – Instrumentation Group

Parker Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Parker Hannifin a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

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Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Parker Hannifin. If investors know Parker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Parker Hannifin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.07
Dividend Share
6.22
Earnings Share
22.2
Revenue Per Share
155.467
Quarterly Revenue Growth
0.012
The market value of Parker Hannifin is measured differently than its book value, which is the value of Parker that is recorded on the company's balance sheet. Investors also form their own opinion of Parker Hannifin's value that differs from its market value or its book value, called intrinsic value, which is Parker Hannifin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Parker Hannifin's market value can be influenced by many factors that don't directly affect Parker Hannifin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Parker Hannifin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parker Hannifin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parker Hannifin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.