Parker Hannifin (FRA:PAR) 3-Year FCF Growth Rate : 12.20% (As of Mar. 2024)

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What is Parker Hannifin 3-Year FCF Growth Rate?

Parker Hannifin's Free Cash Flow per Share for the three months ended in Mar. 2024 was €5.04.

During the past 12 months, Parker Hannifin's average Free Cash Flow per Share Growth Rate was 25.30% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 12.20% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 14.90% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 12.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Parker Hannifin was 300.30% per year. The lowest was -14.20% per year. And the median was 12.20% per year.

Competitive Comparison of Parker Hannifin's 3-Year FCF Growth Rate

For the Specialty Industrial Machinery subindustry, Parker Hannifin's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Parker Hannifin's 3-Year FCF Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Parker Hannifin's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Parker Hannifin's 3-Year FCF Growth Rate falls into.

Parker Hannifin 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

Parker Hannifin (FRA:PAR) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.

Parker Hannifin 3-Year FCF Growth Rate Related Terms

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Parker Hannifin (FRA:PAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Parker Hannifin Corp (FRA:PAR) » Definitions » 3-Year FCF Growth Rate

Comparable Companies

Traded in Other Exchanges

PH:USA PH:Mexico 1PH:Italy PAR:Germany

Address

6035 Parkland Boulevard, Cleveland, OH, USA, 44124-4141

Website

http://www.phstock.com

Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.