Parker Hannifin (MIL:1PH) EBIT: €4,039 Mil (TTM As of Mar. 2026)


MIL:1PH Parker Hannifin Corp MIL:1PH
69 GF Score
Price €837.20
GF Value €590.84
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Parker Hannifin EBIT?

Parker Hannifin MIL:1PH 69 EBIT is €4,039 Mil as of Mar. 2026. GuruFocus rates MIL:1PH with a GF Score™ of 69/100 and a GF Value™ of €590.84 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Parker Hannifin's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €1,054 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €4,039 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Parker Hannifin's annualized ROC % for the quarter that ended in Mar. 2026 was 13.54%. Parker Hannifin's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 84.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Parker Hannifin's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.53%.


Parker Hannifin  (MIL:1PH) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Parker Hannifin's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=3920.18 * ( 1 - 19.21% )/( (23332.134 + 23453.61)/ 2 )
=3167.113422/23392.872
=13.54 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=26056.394 - 2359.602 - ( 364.658 - max(0, 5197.444 - 6142.822+364.658))
=23332.134

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=26537.335 - 2671.985 - ( 411.74 - max(0, 5827.505 - 6580.92+411.74))
=23453.61

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Parker Hannifin's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4214.28/( ( (2532.964 + max(2356.186, 0)) + (2559.535 + max(2509.365, 0)) )/ 2 )
=4214.28/( ( 4889.15 + 5068.9 )/ 2 )
=4214.28/4979.025
=84.64 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2354.478 + 2691.808 + 469.7) - (2359.602 + 0 + 800.198)
=2356.186

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2734.265 + 2749.835 + 419.525) - (2671.985 + 0 + 722.275)
=2509.365

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Parker Hannifin's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=4039.272/114506.088
=3.53 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Parker Hannifin EBIT Related Terms


Parker Hannifin EBIT Historical Data

* Premium members only.

The historical data trend for Parker Hannifin's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Parker Hannifin EBIT Chart

Parker Hannifin Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,072.50 1,768.53 3,003.44 3,809.83 3,915.37

Parker Hannifin Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,009.18 1,014.39 972.13 999.18 1,053.57

MIL:1PH vs CMI, EMR, ITW: EBIT Comparison

For the Specialty Industrial Machinery subindustry, Parker Hannifin's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Parker Hannifin's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Parker Hannifin's EV-to-EBIT falls into.


MIL:1PH
69GF Score
Parker Hannifin Corp MIL:1PH
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Parker Hannifin EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,039 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €4,039 Mil mean?
Parker Hannifin (MIL:1PH) has a EBIT of €4,039 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Parker Hannifin.
Is Parker Hannifin's EBIT too high?
Parker Hannifin's current EBIT is €4,039 Mil. Overall, Parker Hannifin has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Parker Hannifin's EBIT compare to CMI and EMR?
Parker Hannifin's EBIT of €4,039 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Industrial Products company?
A good EBIT depends on the Industrial Products industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Parker Hannifin. Parker Hannifin's current EBIT is €4,039 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parker Hannifin stock overvalued right now?
Based on GuruFocus' analysis, Parker Hannifin (MIL:1PH) is currently considered Significantly Overvalued. The stock's GF Value™ is €590.84, compared to a current price of €837.20 — trading 41.7% above its estimated fair value. The current EBIT is €4,039 Mil. Parker Hannifin's overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Parker Hannifin (MIL:1PH), the current EBIT is €4,039 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Parker Hannifin (MIL:1PH) Overvalued in 2026?

Based on GuruFocus' analysis, Parker Hannifin stock appears to be overvalued. The current stock price of €837.20 is trading 41.7% above its estimated GF Value™ of €590.84. GuruFocus considers Parker Hannifin to be Significantly Overvalued.

Key valuation signals for MIL:1PH:

  • EBIT: €4,039 Mil
  • GF Value™: €590.84 vs. price of €837.20 (41.7% above fair value)
  • GF Score™: 69/100 with 6 warning signs

No single metric tells the full story. See the MIL:1PH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Parker Hannifin Business Description

Address 6035 Parkland Boulevard, Cleveland, OH, USA, 44124-4141
Parker Hannifin started out in 1917 as Parker Appliance, selling pneumatic brakes. Through the acquisition of branded components, the firm has expanded into aerospace engines, agricultural and construction machinery, freight and passenger vehicles, and industrial automation equipment. Within these larger systems, Parker sells a wide array of small, critical pieces such as hydraulic, electromechanical, climate control, and filtration components. Many of its products are designed to work together, resulting in a high rate of cross-selling.
69GF Score

Get the complete analysis for MIL:1PH

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€837.20
Price
€590.84
GF Value