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Parker’s updated FittingFinder™ App places a powerful and convenient hydraulic/fluid power fitting configurator tool in the palm of your hand. Since 2012, FittingFinder has been used by fluid power sy

Designed to bring the most popular MyParker applications to your iPhone, the MyParker Mobile Application helps you stay productive whether you are on the sales floor, in the warehouse, or visiting cus

PTS Mobile from Parker Hannifin is the fastest, easiest and most accurate way of securing a replacement hose assembly or related component. The Parker Tracking System is an innovative component taggin

IQANgo is a user-friendly service tool for the IQAN series of controllers and displays. It enables service technicians or machine owners to connect wireless to IQAN modules in their machines and perfo

Commitment to delivering precision-engineered products and solutions that meet the highest standards of performance and reliability, as established by founder Arthur Parker's principle of 'quality products.'

Quality & Excellence

Continuous advancement of motion and control technologies through engineering expertise and R&D investment, expanding capabilities in electrification, filtration, and automation.

Innovation

Focus on operational efficiency and margin expansion, achieving record adjusted segment operating margins of 24.9% in FY 2024 through disciplined execution.

Operational Excellence

Founding principle from Arthur Parker emphasizing integrity, ethical business practices, and building long-term relationships with customers, suppliers, and communities.

Fair Dealing

Creating a safety-first workplace culture with award-winning health and safety programs at facilities worldwide, earning recognition from organizations like the Nebraska Safety Council.

Safety First

Parker Hannifin Corporation is a Fortune 250 global leader in motion and control technologies, providing precision-engineered solutions across aerospace, industrial, and mobile markets. With $19.9 billion in annual sales (FY 2024), the company manufactures hydraulic, pneumatic, electromechanical, filtration, and fluid handling systems serving diverse industries from aerospace to life sciences.

Parker Hannifin’s Robotic Exoskeleton Gets FDA OK for Personal Use

Jennifer A. Parmentier

Chairman of the Board & CEO

Andrew D. Ross

President & Chief Operating Officer

Todd Leombruno

Executive Vice President & CFO

Dinu J. Parel

Vice President & Chief Digital and Information Officer

Mark T. Czaja

Vice President & Chief Technology and Innovation Officer

Parker-Hannifin Corporation, originally Parker Appliance Company, usually referred to as just Parker, is an American corporation specializing in motion and control technologies. Its corporate headquarters are in Mayfield Heights, Ohio, in Greater Cleveland. The company was founded in 1917 and has been publicly traded on the New York Stock Exchange since December 9, 1964. The firm is one of the largest companies in the world in motion control technologies, including aerospace, climate control, electromechanical, filtration, fluid and gas handling, hydraulics, pneumatics, process control, and sealing and shielding. Parker employs about 61,000 people globally. In 2024, the company was ranked 216 in the Fortune 500.

https://en.wikipedia.org/wiki/Parker_Hannifin

Comprehensive aerospace solutions including flight control actuation, hydraulic systems, fuel systems, inerting systems, fluid conveyance, pneumatic systems, and lubrication components used on virtually every commercial and military aerospace platform in production today.

Aerospace Systems

Industrial and mobile hydraulic systems including cylinders, valves, pumps, motors, accumulators, and integrated hydraulic circuits for construction equipment, agriculture, material handling, and manufacturing applications.

Hydraulic Systems & Components

Compressed air preparation, control, and actuation products including air cylinders, valves, regulators, lubricators, filters, and complete pneumatic systems for industrial automation and mobile equipment.

Pneumatic Systems & Components

Comprehensive filtration solutions for hydraulic, pneumatic, fuel, coolant, lubrication, and process applications across industrial, mobile, and aerospace markets. Significantly expanded through Clarcor (2016) and Filtration Group (2025) acquisitions.

Filtration Systems

Electric motors, drives, controllers, actuators, and integrated motion control systems for industrial automation, robotics, and electric vehicle applications. Enhanced through Curtis Instruments acquisition (2025) for electrification capabilities.

Electromechanical & Motion Control

Hoses, fittings, couplings, tubing, and quick disconnect products for hydraulic, pneumatic, and industrial fluid transfer applications across diverse industries from oil & gas to life sciences.

Fluid Handling & Conveyance

O-rings, gaskets, seals, thermal management materials, electromagnetic interference shielding, and engineered materials for aerospace, automotive, industrial, and life sciences applications.

Sealing & Shielding Solutions

Parker Hannifin announced a definitive agreement to acquire Filtration Group Corporation for $9.25 billion in cash, its largest acquisition to date. Filtration Group expects calendar 2025 sales of $2 billion with 23.5% adjusted EBITDA margin and approximately 85% aftermarket revenue, creating strong recurring income streams. The transaction is expected to close within six to twelve months.

Parker Hannifin to Acquire Filtration Group for $9.25 Billion in Largest-Ever Deal

Parker Aerospace, a division of Parker Hannifin, was selected as the first recipient of the Award of Excellence in the Practice of Management from the Peter F. Drucker School of Management at Claremont Graduate University. The award recognizes outstanding achievements in innovation, operational efficiency, and people-focused leadership.

Parker Aerospace Wins Inaugural Drucker School Award for Management Excellence

Parker delivered record first quarter fiscal 2025 performance with segment operating margin of 22.6% (up 130 bps) or 25.7% adjusted—a new quarterly record. The company reported records for sales, adjusted segment operating margin, adjusted earnings per share, and year-to-date cash flow from operations.

Parker Hannifin Reports Record Q1 FY2025 Results with 25.7% Adjusted Margin

Parker Hannifin announced it will acquire Curtis Instruments, Inc. from Rehlko for approximately $1 billion in cash. Curtis designs and manufactures motor speed controllers, instrumentation, power conversion, and input devices for electric vehicles. Curtis expects calendar 2025 sales of approximately $320 million, complementing Parker's electric vehicle motor capabilities.

Parker to Acquire Curtis Instruments for $1 Billion, Expanding Electrification Portfolio

Parker Hannifin announced its 68th consecutive fiscal year of increased dividends to shareholders, maintaining its position among the top five longest-running dividend-increase records in the S&P 500 index. This remarkable streak demonstrates the company's consistent financial performance and commitment to shareholder value.

Parker Hannifin Achieves 68 Consecutive Years of Dividend Increases

Parker announced it has signed an agreement to divest its North America Composites and Fuel Containment (CFC) Division to private investment firm SK Capital Partners. The CFC Division has annual sales of approximately $350 million. The divestiture allows Parker to focus on core motion and control technologies.

Parker Hannifin Divests North America Composites & Fuel Containment Division

Parker reported fiscal 2024 annual sales of $19.9 billion with record adjusted segment operating margin of 24.9% (up 200 basis points), adjusted EPS growth of 18%, and record free cash flow of $3 billion (17.0% of sales). The company issued fiscal 2025 guidance projecting continued margin expansion to approximately 25.7% adjusted.

Parker Hannifin Posts Record Fiscal 2024 Results: $19.9B Sales, $3B Free Cash Flow

Parker Hannifin to buy Filtration Group for $9.25 billion to expand aftermarket business

Parker Lord Impending Strike

Boeing vs Parker Hannifin

Parker Hannifin Unions

BMO Capital Markets initiated coverage on Parker-Hannifin with a new price target

Parker-Hannifin Corp

$PH Parker-Hannifin Soars on Q2 Earnings Beat, Raises Full-Year Guidance

Parker-Hannifin Corporation (PH) Earnings Released

Why Parker-Hannifin Rallied 38.2% in 2025

Meine Holdings: Parker-Hannifin - Qualität und Dividende mit einem Hauch „Growth“ Faktor

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Park Dental Partners, Inc.

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Arthur LaRue Parker founded Parker Appliance Company in Cleveland, Ohio, with partner Carl Klamm and an initial investment of $700. The company was established to commercialize Parker's newly designed pneumatic brake system for trucks and buses.

Parker Appliance Company Founded

After a promotional trip disaster forced the closure of the original business, Arthur Parker saved enough money from his engineering job at Nickel Plate Railroad to reopen Parker Appliance Company, demonstrating the resilience that would define the company's culture.

Company Reopened After Early Setback

As World War II began, Parker Appliance experienced rapid growth from 910 employees in 1940 to approximately 2,600 in 1941 to support government defense orders, establishing the company as a critical defense contractor.

World War II Expansion Begins

Following founder Arthur Parker's death and sharp decline in government contracts, his widow Helen Parker invested his $1 million life insurance policy into the company and hired new management to rebuild industrial operations, preventing liquidation and setting the stage for future growth.

Helen Parker Saves Company from Bankruptcy

Parker Appliance reached $12.2 million in sales, demonstrating successful recovery from near-bankruptcy and validation of Helen Parker's investment in the company's future.

Post-War Recovery Milestone

Parker Appliance acquired Hannifin Corporation of Illinois, a leading manufacturer of hydraulic and pneumatic power cylinders, valves, and hydraulic presses. Following the merger, the company adopted the name Parker Hannifin Corporation.

Hannifin Acquisition and Company Renamed

With 4,400 employees, Parker Hannifin became a publicly traded company on December 9, 1964, listing shares on the New York Stock Exchange under ticker symbol PH, enabling access to capital markets for future expansion.

Initial Public Offering

The company's acquisition strategy drove sales to over $152 million in 1967, reflecting successful integration of acquired businesses and organic growth across industrial markets.

Reached $152 Million in Sales

Parker Hannifin reached the milestone of 40 acquisitions since going public, employing 20,000 people in 100 plants and selling 90,000 products to 60,000 customers worldwide—demonstrating the success of its diversification strategy.

40 Acquisitions Completed

Year-end sales figures for 1980 surpassed $1 billion for the first time, marking Parker Hannifin's emergence as a major global industrial corporation.

Exceeded $1 Billion in Sales

Parker Hannifin acquired Commercial Intertech Corporation, a maker of hydraulic systems, expanding its capabilities in mobile and industrial hydraulics.

Acquired Commercial Intertech

Parker Hannifin completed its largest acquisition at the time, purchasing Clarcor, a filtration systems manufacturer, for $4.3 billion, significantly expanding its filtration business and aftermarket revenue streams.

Clarcor Acquisition - Largest to Date

Acquisition of LORD Corporation enhanced Parker's capabilities in engineered materials, adhesives, coatings, and motion management technologies, broadening its portfolio for aerospace and industrial applications.

LORD Corporation Acquisition

Parker Hannifin completed the acquisition of British aerospace and defense company Meggitt for £6.3 billion (approximately $7.1 billion), significantly expanding aerospace capabilities and presence in the UK and international defense markets.

Meggitt Acquisition Completed

Parker Hannifin reported record fiscal year 2024 results with sales of $19.9 billion, adjusted segment operating margin of 24.9% (up 200 bps), adjusted EPS growth of 18%, and record free cash flow of $3 billion, demonstrating operational excellence.

Record FY 2024 Financial Results

Parker Hannifin announced agreement to acquire Curtis Instruments, Inc. for approximately $1 billion, expanding electrification offerings with motor speed controllers and power conversion devices for electric vehicle applications.

Curtis Instruments Acquisition Announced

Parker Hannifin announced a definitive agreement to acquire Filtration Group Corporation for $9.25 billion, the company's largest acquisition to date. The deal will create one of the world's largest industrial filtration businesses with approximately $2 billion in annual sales and 85% aftermarket revenue.

Filtration Group Acquisition - Largest Deal Ever

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Duckie is a United States-based AI customer support company founded in 2023 building AI support agents platform raising $500K from Y Combinator Andreessen Horowitz Greylock KungHo Fund Netflix plus 5 additional investors achieving 80 percent resolution time reduction 71 percent support ticket deflection participating in Y Combinator Winter 2024 batch based in San Francisco CA targeting customer support teams through AI agent builder enabling tasks processes translation into predictable reliable AI workflows reducing resolution times deflecting tickets automating support operations customer service AI automation workflow creation minutes deployment rapid implementation.

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