Parker Historical Income Statement
PH Stock | USD 699.88 6.97 0.99% |
Historical analysis of Parker Hannifin income statement accounts such as Other Operating Expenses of 8.2 B, Operating Income of 3.9 B or EBIT of 4.2 B can show how well Parker Hannifin performed in making a profits. Evaluating Parker Hannifin income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Parker Hannifin's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Parker Hannifin latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Parker Hannifin is a good buy for the upcoming year.
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About Parker Income Statement Analysis
Parker Hannifin Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Parker Hannifin shareholders. The income statement also shows Parker investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Parker Hannifin Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Parker Hannifin generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Parker Hannifin minus its cost of goods sold. It is profit before Parker Hannifin operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Parker Hannifin. It is also known as Parker Hannifin overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Parker Hannifin operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Parker Hannifin is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Parker Hannifin's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Parker Hannifin current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parker Hannifin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in Parker Stock please use our How to Invest in Parker Hannifin guide.As of now, Parker Hannifin's Gross Profit is increasing as compared to previous years. The Parker Hannifin's current Operating Income is estimated to increase to about 3.9 B, while Other Operating Expenses is projected to decrease to under 8.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.5B | 6.4B | 7.2B | 7.5B | Total Revenue | 15.9B | 19.1B | 19.9B | 20.9B |
Parker Hannifin income statement Correlations
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Parker Hannifin Account Relationship Matchups
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Parker Hannifin income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 537.5M | 595.4M | 571.8M | 818.1M | 927.1M | 973.5M | |
Interest Expense | 308.2M | 250.0M | 255.3M | 573.9M | 506.5M | 531.8M | |
Total Revenue | 13.7B | 14.3B | 15.9B | 19.1B | 19.9B | 20.9B | |
Gross Profit | 3.4B | 3.9B | 4.5B | 6.4B | 7.2B | 7.5B | |
Other Operating Expenses | 11.9B | 12.0B | 13.0B | 16.0B | 16.3B | 8.2B | |
Operating Income | 1.8B | 2.5B | 1.9B | 1.6B | 3.7B | 3.9B | |
Ebit | 1.8B | 2.5B | 1.9B | 3.3B | 4.0B | 4.2B | |
Ebitda | 2.4B | 3.1B | 2.4B | 4.1B | 4.9B | 5.1B | |
Cost Of Revenue | 10.3B | 10.4B | 11.4B | 12.6B | 12.8B | 7.0B | |
Total Operating Expenses | 1.7B | 1.5B | 1.6B | 3.4B | 3.5B | 3.7B | |
Income Before Tax | 1.5B | 2.2B | 1.6B | 2.7B | 3.6B | 3.8B | |
Total Other Income Expense Net | (308.2M) | (155.3M) | (255.3M) | (479.5M) | (82.0M) | (77.9M) | |
Net Income | 1.2B | 1.7B | 1.3B | 2.1B | 2.8B | 3.0B | |
Income Tax Expense | 305.9M | 500.1M | 298.0M | 596.1M | 749.7M | 787.2M | |
Selling General Administrative | 1.7B | 1.6B | 1.6B | 3.3B | 3.2B | 3.4B | |
Research Development | 293.8M | 259.0M | 191M | 258M | 298M | 274.6M | |
Net Income Applicable To Common Shares | 1.2B | 1.7B | 1.3B | 2.1B | 2.4B | 2.5B | |
Net Income From Continuing Ops | 1.2B | 1.7B | 1.3B | 2.1B | 2.8B | 3.0B | |
Non Operating Income Net Other | 68.3M | 126.3M | (977.7M) | 178.4M | 160.5M | 168.5M | |
Minority Interest | 14.5M | 15.4M | (581K) | (600K) | (721K) | (685.0K) | |
Tax Provision | 305.9M | 500.1M | 298.0M | 596.1M | 749.7M | 504.2M | |
Net Interest Income | (277.2M) | (250.0M) | (255.3M) | (573.9M) | (491.5M) | (466.9M) | |
Interest Income | 31M | 7M | 179.3M | 573.9M | 15M | 14.3M | |
Reconciled Depreciation | 537.5M | 595.4M | 571.8M | 818.1M | 927.1M | 647.3M |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parker Hannifin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in Parker Stock please use our How to Invest in Parker Hannifin guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.