Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|
Revenue | $14,348 | $15,862 | $19,065 | $19,930 | $19,850 |
Gross Profit | $3,898 | $4,474 | $6,429 | $7,128 | $7,315 |
Operating Income | $2,460 | $2,975 | $3,404 | $4,069 | $4,347 |
Net Income | $1,746 | $1,316 | $2,083 | $2,844 | $3,532 |
Edwyn
Over the five-year period, Parker-Hannifin Corporation’s financials show a generally positive trajectory with notable fluctuations in key metrics. Revenue increased from approximately USD 14.35 billion in 2021 to a high of about USD 19.93 billion in 2024 before a slight decrease to around USD 19.85 billion in 2025. Gross profit followed a similar upward trend, growing steadily from roughly USD 3.90 billion to over USD 7.13 billion, while operating income increased from USD 2.46 billion in 2021 to USD 4.07 billion in 2024 and further to USD 4.35 billion in 2025. However, net income exhibited more volatility. After a decline from USD 1.75 billion in 2021 to approximately USD 1.32 billion in 2022 – marking a significant drop of over 24% – there was a recovery with net income rising to USD 2.08 billion in 2023, followed by further increases to USD 2.84 billion in 2024 and USD 3.53 billion in 2025. The considerable year-over-year jump in revenue (exceeding 20% from 2022 to 2023) and the rebound in net income suggest that operational efficiencies and possibly favorable market conditions played a role in reversing earlier challenges. Despite the modest dip in revenue in 2025, the continuing growth in gross profit, operating income, and net income indicates robust cost management and enhanced margin performance. In the context of the industrial manufacturing sector, where Parker-Hannifin operates, such improvements point to a resilient business model and a capacity to capitalize on cyclical market recoveries. Overall, based on these metrics, the company appears to maintain strong financial health and long-term sustainability, demonstrating its ability to manage costs effectively while growing organically in a dynamic industrial marketplace.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.