PH (Parker Hannifin) ROCE %: 20.15% (As of Mar. 2026)


PH Parker Hannifin Corp PH
93 GF Score
Price $961.09
GF Value $678.13
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Parker Hannifin ROCE %?

Parker Hannifin PH +1.43% 93 ROCE % is 20.15% as of Mar. 2026. GuruFocus rates PH with a GF Score™ of 93/100 and a GF Value™ of $678.13 (Significantly Overvalued). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Parker Hannifin's annualized ROCE % for the quarter that ended in Mar. 2026 was 20.15%.

Parker Hannifin  (NYSE:PH) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Parker Hannifin ROCE % Related Terms

Parker Hannifin ROCE % Historical Data

* Premium members only.

The historical data trend for Parker Hannifin's ROCE % 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 ROCE % Chart

Parker Hannifin Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.70 10.02 15.38 18.55 19.78

Parker Hannifin Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 19.15 19.92 19.19 19.37 20.15
PH
93GF Score
Parker Hannifin Corp PH
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Parker Hannifin ROCE % Calculation

Parker Hannifin's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=4516/( ( (29298 - 7313) + (29494 - 5819) )/ 2 )
=4516/( (21985+23675)/ 2 )
=4516/22830
=19.78 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=4872/( ( (30511 - 6086) + (30679 - 6737) )/ 2 )
=4872/( ( 24425 + 23942 )/ 2 )
=4872/24183.5
=20.15 %

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

* 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 ROCE % →
What does a ROCE % of 20.15% mean?
Parker Hannifin (PH) has a ROCE % of 20.15% as of Mar. 2026.
Is Parker Hannifin's ROCE % too high?
Parker Hannifin's current ROCE % is 20.15%. The Industrial Products industry median ROCE % is 7.10. Parker Hannifin's value of 20.15% is 183.8% above this industry median. Overall, Parker Hannifin has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Parker Hannifin's ROCE % compare to CMI and EMR?
Parker Hannifin's ROCE % of 20.15% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.10. Parker Hannifin's value of 20.15% is 183.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.10, based on 3,032 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Parker Hannifin's current ROCE % of 20.15% is 183.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parker Hannifin's current ROCE % is 20.15%. 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 (PH) is currently considered Significantly Overvalued. The stock's GF Value™ is $678.13, compared to a current price of $961.09 — trading 41.7% above its estimated fair value. The current ROCE % is 20.15% and 183.8% above the Industrial Products industry median of 7.10. Parker Hannifin's overall GF Score™ is 93/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Parker Hannifin (PH), the current ROCE % is 20.15% 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 (PH) Overvalued in 2026?

Based on GuruFocus' analysis, Parker Hannifin stock appears to be overvalued. The current stock price of $961.09 is trading 41.7% above its estimated GF Value™ of $678.13. GuruFocus considers Parker Hannifin to be Significantly Overvalued.

Key valuation signals for PH:

  • ROCE %: 20.15%
  • GF Value™: $678.13 vs. price of $961.09 (41.7% above fair value)
  • GF Score™: 93/100 with 5 warning signs
  • Industry Position: 183.8% above the Industrial Products median

No single metric tells the full story. See the PH 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.
93GF Score

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

$961.09
Price
$678.13
GF Value