Credit and interest ratesmixed · 5 filings
“22 Table of Contents Interest Expense Interest expense in 2026 decreased compared to 2025 primarily due to lower average rates on commercial paper borrowings.”10-K · Aug 21, 2026 ↗
Parker-Hannifin Corporation
PH
Market read
Parker-Hannifin Corporation's move is being confirmed by its market group.
No new filing conclusion is available. 5 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
Company-0.3% todayVolume comparison unavailable
Market group5 of 37 activeAirline Operators · inactive
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- At least 25 of 37 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as ULCC begins moving with the group.
Invalidation: The live read weakens if participation falls to 12 of 37 members or fewer.
Research brief
The story so far
No new filing conclusion is available. 5 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- At least 25 of 37 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as ULCC begins moving with the group.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations601
Usable filing statements131
Verified relationships11
Evidence supporting the case
- Latest annual revenue changed +8.3% year over year.
- Operating margin changed +1.7 percentage points in the latest annual period.
- Demand and volume has repeated favorable evidence across 5 filings.
- Pricing and mix has repeated favorable evidence across 5 filings.
Evidence challenging the case
- Credit and interest rates has repeated adverse evidence across 5 filings.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Sep 10, 2026
934.266m-0.7%12m+23.7%24m+62.5%
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2022-06-30$15.9B+10.6%$10.09-0.4%
2023-06-30$19.1B+20.2%$16.04-0.3%
2024-06-30$19.9B+4.5%$21.84+0.2%
2025-06-30$19.9B-0.4%$27.12+0.0%
2026-06-30$21.5B+8.3%$28.48-1.6%
What management says matters
Persistent and emerging business drivers
Demand and volumepositive · 5 filings
“Backlog June 30, 2026 2025 Backlog $ 8,498 $ 7,389 Aerospace Systems Segment backlog increased in 2026 primarily due to orders exceeding shipments in all market segments, especially in the commercial OEM and aftermarket market segments.”10-K · Aug 21, 2026 ↗
Pricing and mixpositive · 5 filings
“Within the North America businesses, segment operating margin increased by 110 basis points in 2026 compared to 2025, primarily driven by favorable pricing and benefits from prior year divestitures, partially offset by unfavorable product mix, increased mater…”10-K · Aug 21, 2026 ↗
Foreign exchangemixed · 4 filings
“Excluding the effects of the Curtis acquisition and changes in currency exchange rates, sales in the International businesses increased $45 million and $121 million in the current-year quarter and first nine months of fiscal 2026, respectively, primarily due…”10-Q · May 1, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
947.55-0.3% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:10 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for PH. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for PH. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind PH
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depended on by
SPXCSPX Technologies, Inc.investeeFeb 25, 2026 ▾
“Changes in Estimated Value of an Equity Security - Filtran Group Equity, LLC (“Filtran”) ◦ During 2025, we recorded gains of $23.0 within “ Other income (expense), net ” related to increases in the estimated value of an equity security in Filtran that we hold.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 1 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
PH is currently a Participant in the organic co-movement group Airline Operators. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.