PH (Parker Hannifin) Shares Outstanding (Basic Average): 126 Mil (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 Shares Outstanding (Basic Average)?

Parker Hannifin PH +1.43% 93 Shares Outstanding (Basic Average) is 126 Mil 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.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Parker Hannifin's average basic shares outstanding for the quarter that ended in Mar. 2026 was 126 Mil.


Parker Hannifin  (NYSE:PH) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Parker Hannifin Shares Outstanding (Basic Average) Related Terms


Parker Hannifin Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Parker Hannifin's Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) Chart

Parker Hannifin Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 129.00 128.54 128.40 128.50 128.30

Parker Hannifin Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) 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 128.40 127.40 126.50 126.20 126.20
PH
93GF Score
Parker Hannifin Corp PH
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Parker Hannifin Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 126 Mil mean?
Parker Hannifin (PH) has a Shares Outstanding (Basic Average) of 126 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Parker Hannifin and its competitors.
Is Parker Hannifin's Shares Outstanding (Basic Average) too high?
Parker Hannifin's current Shares Outstanding (Basic Average) is 126 Mil. 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 Shares Outstanding (Basic Average) compare to CMI and EMR?
Parker Hannifin's Shares Outstanding (Basic Average) of 126 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 Shares Outstanding (Basic Average) for an Industrial Products company?
A good Shares Outstanding (Basic Average) depends on the Industrial Products industry context. However, Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Parker Hannifin and its competitors. Parker Hannifin's current Shares Outstanding (Basic Average) is 126 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 (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 Shares Outstanding (Basic Average) is 126 Mil. 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 Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Parker Hannifin (PH), the current Shares Outstanding (Basic Average) is 126 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 (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:

  • Shares Outstanding (Basic Average): 126 Mil
  • GF Value™: $678.13 vs. price of $961.09 (41.7% above fair value)
  • GF Score™: 93/100 with 5 warning signs

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

Get the complete analysis for PH

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$961.09
Price
$678.13
GF Value