Parker-Hannifin Future Growth
Future criteria checks 2/6
Parker-Hannifin is forecast to grow earnings and revenue by 7.9% and 4.2% per annum respectively. EPS is expected to grow by 8.3% per annum. Return on equity is forecast to be 23% in 3 years.
Key information
7.9%
Earnings growth rate
8.3%
EPS growth rate
| Machinery earnings growth | 10.5% |
| Revenue growth rate | 4.2% |
| Future return on equity | 23.0% |
| Analyst coverage | Good |
| Last updated | 19 Apr 2024 |
Recent future growth updates
Recent updates
Parker-Hannifin: Valuation Is Now Flying Too High (Rating Downgrade)
Apr 02Parker-Hannifin Corporation's (NYSE:PH) Business Is Yet to Catch Up With Its Share Price
Apr 02
Do Parker-Hannifin's (NYSE:PH) Earnings Warrant Your Attention?
Mar 21At US$531, Is It Time To Put Parker-Hannifin Corporation (NYSE:PH) On Your Watch List?
Feb 26Parker-Hannifin Q2: Strong Aerospace Growth Offset By Weak Industrial In FY24
Feb 06Estimating The Fair Value Of Parker-Hannifin Corporation (NYSE:PH)
Jan 20Parker-Hannifin (NYSE:PH) Seems To Use Debt Quite Sensibly
Jan 08Parker-Hannifin: Re-Rating Nears Completion
Dec 29Parker-Hannifin Corporation's (NYSE:PH) Shareholders Might Be Looking For Exit
Dec 25If EPS Growth Is Important To You, Parker-Hannifin (NYSE:PH) Presents An Opportunity
Nov 28Parker-Hannifin: Tailwinds Already Priced In
Oct 19At US$379, Is It Time To Put Parker-Hannifin Corporation (NYSE:PH) On Your Watch List?
Oct 19Parker-Hannifin Corporation's (NYSE:PH) Intrinsic Value Is Potentially 34% Above Its Share Price
Sep 20Parker-Hannifin Is An Industrial Gem
Aug 14With EPS Growth And More, Parker-Hannifin (NYSE:PH) Makes An Interesting Case
Aug 07What Does Parker-Hannifin Corporation's (NYSE:PH) Share Price Indicate?
Jul 12These 4 Measures Indicate That Parker-Hannifin (NYSE:PH) Is Using Debt Reasonably Well
Jun 28Estimating The Fair Value Of Parker-Hannifin Corporation (NYSE:PH)
Jun 15Parker-Hannifin: Dominating A Fragmented $135 Billion Market
Jun 09What Does Parker-Hannifin Corporation's (NYSE:PH) Share Price Indicate?
Apr 03Here's Why Parker-Hannifin (NYSE:PH) Can Manage Its Debt Responsibly
Mar 21A Look At The Fair Value Of Parker-Hannifin Corporation (NYSE:PH)
Mar 08Parker-Hannifin: Dividend King With Massive Upside Potential
Feb 17Parker-Hannifin declares $1.33 dividend
Jan 26Is Parker-Hannifin Corporation (NYSE:PH) Potentially Undervalued?
Jan 03Parker-Hannifin Remains Highly Attractive
Dec 23Is Parker-Hannifin (NYSE:PH) A Risky Investment?
Dec 20Parker-Hannifin Q1 2023 Earnings Preview
Nov 02We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Parker-Hannifin Corporation's (NYSE:PH) CEO For Now
Oct 20Parker-Hannifin: Don't Fear The Downside, Take Advantage
Oct 12Broker Revenue Forecasts For Parker-Hannifin Corporation (NYSE:PH) Are Surging Higher
Sep 24Should You Think About Buying Parker-Hannifin Corporation (NYSE:PH) Now?
Sep 21Parker Aerospace selected by Boeing to power the B-52H Stratofortress hydraulic system
Sep 20Is Parker-Hannifin (NYSE:PH) Using Too Much Debt?
Sep 06Parker-Hannifin declares $1.33 dividend
Aug 18Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2026 | 21,811 | 3,175 | 3,733 | 4,126 | 12 |
| 6/30/2025 | 20,804 | 2,920 | 3,379 | 3,812 | 20 |
| 6/30/2024 | 19,886 | 2,659 | 3,059 | 3,457 | 20 |
| 12/31/2023 | 19,826 | 2,633 | 2,857 | 3,256 | N/A |
| 9/30/2023 | 19,680 | 2,346 | 2,778 | 3,173 | N/A |
| 6/30/2023 | 19,065 | 2,083 | 2,599 | 2,980 | N/A |
| 3/31/2023 | 18,157 | 1,503 | 2,344 | 2,688 | N/A |
| 12/31/2022 | 17,182 | 1,260 | 2,202 | 2,512 | N/A |
| 9/30/2022 | 16,332 | 1,252 | 2,209 | 2,475 | N/A |
| 6/30/2022 | 15,862 | 1,316 | 2,212 | 2,442 | N/A |
| 3/31/2022 | 15,633 | 1,692 | 2,009 | 2,242 | N/A |
| 12/31/2021 | 15,293 | 1,817 | 2,004 | 2,226 | N/A |
| 9/30/2021 | 14,880 | 1,877 | 2,046 | 2,262 | N/A |
| 6/30/2021 | 14,348 | 1,746 | 2,365 | 2,575 | N/A |
| 3/31/2021 | 13,549 | 1,533 | 2,475 | 2,661 | N/A |
| 12/31/2020 | 13,505 | 1,427 | 2,392 | 2,599 | N/A |
| 9/30/2020 | 13,592 | 1,183 | 2,135 | 2,359 | N/A |
| 6/30/2020 | 13,696 | 1,202 | 1,838 | 2,071 | N/A |
| 3/31/2020 | 14,216 | 1,324 | 1,696 | 1,928 | N/A |
| 12/31/2019 | 14,201 | 1,368 | 1,796 | 2,015 | N/A |
| 9/30/2019 | 14,176 | 1,476 | 1,817 | 2,020 | N/A |
| 6/30/2019 | 14,320 | 1,525 | 1,535 | 1,730 | N/A |
| 3/31/2019 | 14,456 | 1,452 | 1,590 | 1,788 | N/A |
| 12/31/2018 | 14,518 | 1,407 | 1,484 | 1,681 | N/A |
| 9/30/2018 | 14,417 | 1,151 | 1,308 | 1,518 | N/A |
| 6/30/2018 | 14,302 | 1,061 | 1,349 | 1,597 | N/A |
| 3/31/2018 | 13,981 | 1,001 | 1,162 | 1,414 | N/A |
| 12/31/2017 | 13,351 | 874 | 1,078 | 1,355 | N/A |
| 9/30/2017 | 12,651 | 1,059 | N/A | 1,427 | N/A |
| 6/30/2017 | 12,029 | 983 | N/A | 1,301 | N/A |
| 3/31/2017 | 11,490 | 932 | N/A | 1,296 | N/A |
| 12/31/2016 | 11,200 | 880 | N/A | 1,252 | N/A |
| 9/30/2016 | 11,235 | 822 | N/A | 1,305 | N/A |
| 6/30/2016 | 11,361 | 807 | N/A | 1,211 | N/A |
| 3/31/2016 | 11,548 | 744 | N/A | 1,215 | N/A |
| 12/31/2015 | 11,882 | 843 | N/A | 1,126 | N/A |
| 9/30/2015 | 12,311 | 927 | N/A | 1,061 | N/A |
| 6/30/2015 | 12,712 | 1,012 | N/A | 1,363 | N/A |
| 3/31/2015 | 13,093 | 1,134 | N/A | 1,361 | N/A |
| 12/31/2014 | 13,289 | 1,091 | N/A | 1,386 | N/A |
| 9/30/2014 | 13,260 | 1,077 | N/A | 1,366 | N/A |
| 6/30/2014 | 13,216 | 1,041 | N/A | 1,388 | N/A |
| 3/31/2014 | 13,119 | 1,011 | N/A | 1,290 | N/A |
| 12/31/2013 | 13,067 | 1,025 | N/A | 1,384 | N/A |
| 9/30/2013 | 13,027 | 953 | N/A | 1,481 | N/A |
| 6/30/2013 | 13,016 | 948 | N/A | 1,191 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PH's forecast earnings growth (7.9% per year) is above the savings rate (2.3%).
Earnings vs Market: PH's earnings (7.9% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: PH's earnings are forecast to grow, but not significantly.
Revenue vs Market: PH's revenue (4.2% per year) is forecast to grow slower than the US market (8% per year).
High Growth Revenue: PH's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PH's Return on Equity is forecast to be high in 3 years time (23%)