Parker-Hannifin Future Growth
Future criteria checks 2/6
Parker-Hannifin is forecast to grow earnings and revenue by 8.4% and 4.7% per annum respectively. EPS is expected to grow by 9.1% per annum. Return on equity is forecast to be 23% in 3 years.
Key information
8.4%
Earnings growth rate
9.1%
EPS growth rate
| Machinery earnings growth | 8.8% |
| Revenue growth rate | 4.7% |
| Future return on equity | 23.0% |
| Analyst coverage | Good |
| Last updated | 18 Nov 2024 |
Recent future growth updates
Recent updates
We Ran A Stock Scan For Earnings Growth And Parker-Hannifin (NYSE:PH) Passed With Ease
Nov 14
Parker-Hannifin (NYSE:PH) Seems To Use Debt Quite Sensibly
Oct 11Why Parker-Hannifin Corporation (NYSE:PH) Could Be Worth Watching
Sep 19Parker-Hannifin's (NYSE:PH) Returns On Capital Are Heading Higher
Sep 08Parker-Hannifin: The Swiss Army Knife Of Industrial Stocks
Aug 29An Intrinsic Calculation For Parker-Hannifin Corporation (NYSE:PH) Suggests It's 27% Undervalued
Aug 27Here's Why Parker-Hannifin (NYSE:PH) Has Caught The Eye Of Investors
Aug 05Parker-Hannifin Corporation's (NYSE:PH) Shares May Have Run Too Fast Too Soon
Jul 11Parker-Hannifin: Track Record Of Creating Value Makes This A Buy
Jun 10At US$532, Is It Time To Put Parker-Hannifin Corporation (NYSE:PH) On Your Watch List?
Jun 02Calculating The Intrinsic Value Of Parker-Hannifin Corporation (NYSE:PH)
May 21Parker-Hannifin (NYSE:PH) Has Announced That It Will Be Increasing Its Dividend To $1.63
Apr 29Is Parker-Hannifin (NYSE:PH) Using Too Much Debt?
Apr 26Parker-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 02Do 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 09Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2027 | 22,666 | 3,648 | 4,146 | 4,584 | 8 |
| 6/30/2026 | 21,419 | 3,315 | 3,740 | 4,223 | 16 |
| 6/30/2025 | 20,291 | 3,009 | 3,341 | 3,802 | 18 |
| 9/30/2024 | 19,986 | 2,892 | 3,081 | 3,478 | N/A |
| 6/30/2024 | 19,930 | 2,844 | 2,984 | 3,384 | N/A |
| 3/31/2024 | 19,839 | 2,768 | 2,941 | 3,332 | N/A |
| 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 | N/A | 1,597 | N/A |
| 3/31/2018 | 13,981 | 1,001 | N/A | 1,414 | N/A |
| 12/31/2017 | 13,351 | 874 | N/A | 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 |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PH's forecast earnings growth (8.4% per year) is above the savings rate (2.6%).
Earnings vs Market: PH's earnings (8.4% per year) are forecast to grow slower than the US market (15.3% per year).
High Growth Earnings: PH's earnings are forecast to grow, but not significantly.
Revenue vs Market: PH's revenue (4.7% per year) is forecast to grow slower than the US market (8.9% per year).
High Growth Revenue: PH's revenue (4.7% 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%)