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Parker Hannifin (XTER:PAR) Tax Rate % : 18.63% (As of Dec. 2024)


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What is Parker Hannifin Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Parker Hannifin's Tax Expense for the three months ended in Dec. 2024 was €207 Mil. Parker Hannifin's Pre-Tax Income for the three months ended in Dec. 2024 was €1,113 Mil. Therefore, Parker Hannifin's Tax Rate % for the quarter that ended in Dec. 2024 was 18.63%.

Parker Hannifin Tax Rate % Historical Data

The historical data trend for Parker Hannifin's Tax Rate % 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.

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Parker Hannifin Tax Rate % Chart

Parker Hannifin Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.21 22.26 18.46 22.25 20.86

Parker Hannifin Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % 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 21.44 21.01 20.37 20.19 18.63

Parker Hannifin Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Parker Hannifin's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2024 )/Pre-Tax Income (A: Jun. 2024 )
=696.441/3339.386
=20.86 %

Parker Hannifin's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=207.434/1113.393
=18.63 %

* 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 Tax Rate % Related Terms

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Parker Hannifin Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Parker Hannifin Corp (XTER:PAR) » Definitions » Tax Rate %
Comparable Companies
ITW EMR ETN CMI AME OTIS IR ROK XYL DOV XTER:SIE XPAR:SU OSTO:ATCO A XTER:ENR TSE:7011 XSWX:SCHN OHEL:KNEBV TSE:6954 OSTO:SAND SHSE:600406
Traded in Other Exchanges
PH:USA PH:Mexico 1PH:Italy 0KFZ:UK PAR:Germany P1HC34:Brazil PH:Austria
Address
6035 Parkland Boulevard, Cleveland, OH, USA, 44124-4141
Website
https://www.parker.com
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.