Parker Operating Profit Margin vs Pretax Profit Margin Analysis

PH Stock  USD 669.46  10.80  1.64%   
Parker Hannifin financial indicator trend analysis is much more than just breaking down Parker Hannifin prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Parker Hannifin is a good investment. Please check the relationship between Parker Hannifin Operating Profit Margin and its Pretax Profit Margin accounts. 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.

Operating Profit Margin vs Pretax Profit Margin

Operating Profit Margin vs Pretax Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Parker Hannifin Operating Profit Margin account and Pretax Profit Margin. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Parker Hannifin's Operating Profit Margin and Pretax Profit Margin is 0.81. Overlapping area represents the amount of variation of Operating Profit Margin that can explain the historical movement of Pretax Profit Margin in the same time period over historical financial statements of Parker Hannifin, assuming nothing else is changed. The correlation between historical values of Parker Hannifin's Operating Profit Margin and Pretax Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Profit Margin of Parker Hannifin are associated (or correlated) with its Pretax Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pretax Profit Margin has no effect on the direction of Operating Profit Margin i.e., Parker Hannifin's Operating Profit Margin and Pretax Profit Margin go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Operating Profit Margin

Pretax Profit Margin

Most indicators from Parker Hannifin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Selling General Administrative is increasing as compared to previous years. The Parker Hannifin's current Enterprise Value is estimated to increase to about 70.4 B, while Tax Provision is projected to decrease to under 504.2 M.
 2022 2023 2024 2025 (projected)
Gross Profit6.4B7.1B8.2B8.6B
Total Revenue19.1B19.9B22.9B24.1B

Parker Hannifin fundamental ratios Correlations

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0.960.90.870.960.940.90.92-0.280.950.55-0.350.88-0.720.820.970.33-0.680.930.680.970.950.930.980.490.5
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0.970.880.830.940.970.870.97-0.230.970.63-0.290.92-0.770.860.980.16-0.760.930.610.860.940.960.890.640.65
0.950.990.840.90.860.870.9-0.410.940.45-0.490.8-0.860.950.920.44-0.830.970.660.840.910.850.920.380.39
0.980.920.870.920.960.970.9-0.170.960.66-0.230.93-0.880.920.970.27-0.860.960.710.810.90.960.880.630.64
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-0.84-0.88-0.69-0.72-0.75-0.77-0.86-0.880.17-0.83-0.490.22-0.74-0.92-0.8-0.250.92-0.88-0.59-0.62-0.76-0.77-0.71-0.51-0.52
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0.340.430.660.330.260.160.440.27-0.20.180.23-0.220.32-0.250.390.26-0.330.380.760.210.120.280.390.120.12
-0.83-0.87-0.74-0.68-0.72-0.76-0.83-0.860.06-0.79-0.580.11-0.810.92-0.94-0.79-0.33-0.88-0.68-0.55-0.69-0.78-0.65-0.6-0.61
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0.730.720.910.680.670.610.660.710.140.570.610.090.8-0.590.720.660.76-0.680.740.520.470.730.650.60.6
0.880.830.730.970.890.860.840.81-0.330.90.43-0.40.75-0.620.70.890.21-0.550.850.520.940.830.960.340.34
0.940.90.730.950.930.940.910.9-0.40.980.45-0.460.79-0.760.830.960.12-0.690.920.470.940.880.940.380.39
0.960.870.890.930.960.960.850.96-0.140.930.65-0.210.98-0.770.850.970.28-0.780.930.730.830.880.880.670.67
0.940.90.850.980.940.890.920.88-0.410.930.5-0.460.8-0.710.80.940.39-0.650.910.650.960.940.880.370.37
0.570.450.620.490.560.640.380.630.260.50.750.250.76-0.510.550.550.12-0.60.550.60.340.380.670.371.0
0.570.450.630.50.570.650.390.640.260.50.760.250.77-0.520.550.560.12-0.610.550.60.340.390.670.371.0
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Parker Hannifin Account Relationship Matchups

Parker Hannifin fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets20.3B25.9B30.0B29.3B33.7B35.4B
Short Long Term Debt Total6.6B11.5B12.6B10.6B12.1B12.8B
Other Current Liab1.2B2.2B1.5B1.6B1.8B1.9B
Total Current Liabilities3.1B5.9B7.7B7.3B8.4B8.8B
Total Stockholder Equity8.4B8.8B10.3B12.1B13.9B14.6B
Property Plant And Equipment Net2.3B2.1B2.9B2.9B3.3B3.5B
Net Debt5.9B10.9B12.1B10.1B11.7B12.2B
Retained Earnings14.9B15.7B17.0B19.1B22.0B23.1B
Cash733.1M535.8M475.2M422.0M485.3M512.1M
Non Current Assets Total14.7B13.9B23.1B22.5B25.9B27.2B
Cash And Short Term Investments772.2M563.7M483.6M422.0M485.3M584.3M
Net Receivables2.5B2.9B3.1B2.9B3.3B3.5B
Common Stock Shares Outstanding130.8M130.4M129.8M130.2M117.2M126.3M
Liabilities And Stockholders Equity20.3B25.9B30.0B29.3B33.7B35.4B
Non Current Liabilities Total8.8B11.2B11.9B9.9B11.4B12.0B
Inventory2.1B2.2B2.9B2.8B3.2B3.4B
Other Current Assets244.0M6.4B615.5M724.3M832.9M874.5M
Other Stockholder Equity(5.0B)(5.4B)(5.5B)(5.7B)(5.1B)(4.9B)
Total Liab11.9B17.1B19.6B17.2B19.8B20.8B
Total Current Assets5.6B12.0B6.8B6.8B7.8B8.2B
Short Term Debt2.8M1.7B3.8B3.4B3.9B4.1B
Intangible Assets3.5B3.1B8.5B7.8B9.0B9.4B
Accounts Payable1.7B1.7B2.1B2.0B2.3B2.4B
Property Plant And Equipment Gross2.3B5.9B6.9B7.1B8.1B8.5B
Accumulated Other Comprehensive Income(1.6B)(1.5B)(1.3B)(1.4B)(1.3B)(1.4B)
Other Liab2.7B2.2B1.5B2.8B3.2B1.7B
Other Assets128.3M104.3M110.6M1.2B1.1B1.1B
Long Term Debt6.6B9.8B8.8B7.2B8.2B8.6B
Good Will8.1B7.7B10.6B10.5B12.1B12.7B
Property Plant Equipment2.4B2.3B2.1B2.9B3.3B2.0B
Net Tangible Assets(5.6B)(3.2B)(2.0B)10.3B9.3B9.8B
Noncontrolling Interest In Consolidated Entity14.5M15.4M11.9M11.4M10.3M16.3M
Retained Earnings Total Equity13.5B14.9B15.7B17.0B19.6B11.5B
Short Term Investments39.1M27.9M8.4M(1.0B)(930.8M)(884.2M)
Long Term Debt Total7.7B6.6B9.8B8.8B10.1B5.1B

Currently Active Assets on Macroaxis

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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.