What is Parker-Hannifin?
Motion and control technologies company with $19.9B fiscal 2025 sales, headquartered in Cleveland, OH.
- Category
- Motion and control technologies
- Headquarters
- Cleveland, OH
- Founded
- 1917
- Employees
- Approximately 62,000
- Total funding
- Public company; no VC funding
- Status
- NYSE: PH
What is Parker-Hannifin?
Parker-Hannifin is a public motion and control technologies company with $19.9B fiscal 2025 sales. It operates at global enterprise scale from Cleveland, OH, serving industrial, infrastructure, commercial, public-sector, channel, OEM, or contractor buyers depending on the business line.
Parker-Hannifin is a mature public company, not a venture-backed startup. Its latest public reporting shows $19.9B fiscal 2025 sales, Approximately 62,000, and a portfolio spanning Aerospace systems, Hydraulics, Pneumatics, Filtration, Fluid connectors.
The company competes on installed base, product reliability, channel reach, engineering depth, service coverage, pricing discipline, and operational execution. For many customer segments, the buying motion is tied to large projects, distributor or dealer relationships, OEM programs, maintenance budgets, safety requirements, and long replacement cycles.
For B2B sellers, Parker-Hannifin is best treated as a multi-threaded enterprise account. Strong pitches attach to measurable operating outcomes such as uptime, energy efficiency, safety, quality, inventory productivity, field-service performance, digital customer experience, regulatory compliance, or lower cost to serve.
What does Parker-Hannifin offer?
Parker-Hannifin offers Aerospace systems, Hydraulics, Pneumatics, Filtration, Fluid connectors, Engineered materials and related services, software, parts, or channel programs.
- Aerospace systems· Offering
- Hydraulics· Offering
- Pneumatics· Offering
- Filtration· Offering
- Fluid connectors· Offering
- Engineered materials· Offering
- Electromechanical automation· Offering
- Process control· Offering
How does Parker-Hannifin make money?
Parker sells engineered motion and control products, components, subsystems, aerospace content, replacement parts, and services through OEM, distributor, direct, and aftermarket channels.
Parker sells engineered motion and control products, components, subsystems, aerospace content, replacement parts, and services through OEM, distributor, direct, and aftermarket channels. Pricing is quote-, contract-, program-, and configuration-specific, with growth driven by aerospace backlog, industrial production, distributor demand, aftermarket mix, and operating discipline.
The practical revenue model combines new equipment or product sales with replacement demand, aftermarket parts, service, software, warranties, channel programs, financing where relevant, and long-cycle customer projects. Buyers often evaluate total cost of ownership, installed-base compatibility, support coverage, procurement risk, and payback rather than only unit price.
Growth is driven by end-market demand, pricing, mix, productivity, acquisitions, channel execution, backlog conversion, innovation, and service attachment. Vendors selling into Parker-Hannifin should frame ROI in the language of the relevant P&L owner: manufacturing yield, fleet uptime, energy use, safety, compliance, labor productivity, revenue capture, or working-capital improvement.
Who leads Parker-Hannifin?
Parker-Hannifin is led by Jennifer A. Parmentier, Chairman and Chief Executive Officer, with finance, technology, operations, legal, product, and segment leaders shaping enterprise buying decisions.
- Jennifer A. ParmentierChairman and Chief Executive OfficerCEO since 2023; Chairman since 2024Leads Parker's Win Strategy, aerospace growth, industrial margin expansion, and motion-control portfolio.
- Todd LeombrunoExecutive Vice President and Chief Financial OfficerCFO since 2021Owns finance, capital allocation, and investor relations.
- Andrew RossChief Operating OfficerCOO since 2025Important leader for operating execution, supply chain, and business-unit performance.
- Austin MajorVice President and Chief Technology OfficerSenior technology leaderKey executive for engineering, innovation, electrification, materials, and motion-control technology.
How do you contact Parker-Hannifin's leadership?
Parker-Hannifin publishes investor-relations, media, sales, and corporate contact routes, but it does not publish a verified personal executive email format for the leadership team. Use the official investor-relations or corporate contact route; do not treat inferred personal addresses as verified.
No verified public personal-executive email format; use official company contact routesHow much funding has Parker-Hannifin raised?
Parker-Hannifin is a mature public company (NYSE: PH), so its capital profile is public equity, debt, operating cash flow, acquisitions, dividends or buybacks rather than disclosed venture rounds.
Parker-Hannifin has no current VC-style funding history to enumerate. The relevant capital milestones are its founding in 1917, public-company status as NYSE: PH, ongoing access to debt and equity markets, operating cash flow, and strategic acquisitions or separations that reshape the portfolio.
Recent public-company capital signals are $19.9B fiscal 2025 sales, Public company, and the company's 2026 outlook or first-quarter reporting. Those signals matter more than a private valuation because budgets are governed by annual planning, segment-level returns, procurement controls, cybersecurity review, integration risk, and operating KPIs.
Seller signal: budget exists where a proposal maps to strategic priorities and measurable financial outcomes. The strongest enterprise opportunities connect to productivity, automation, energy efficiency, safety, quality, service revenue, channel performance, working capital, or compliance rather than generic software modernization.
How did Parker-Hannifin get here?
Parker-Hannifin reached its current scale through industrial founding, public-market access, portfolio moves, technology investment, and recent 2025-2026 operating execution.
- 1917Parker Appliance Company foundedArthur Parker starts the company in Cleveland.
- 1964Public listing era expandsParker scales as a diversified motion and control manufacturer.
- 2017CLARCOR acquiredParker expands filtration and aftermarket exposure.
- 2022Meggitt acquiredThe company materially increases aerospace exposure.
- 2025$19.9B salesParker reports fiscal 2025 sales and record adjusted EPS.
- 2026Fiscal 2026 growth continuesParker reports record quarterly sales in fiscal 2026.
Who are Parker-Hannifin's competitors?
Parker-Hannifin competes with public industrial, automation, infrastructure, building-products, component, service, and channel-led companies depending on the segment.
- EatonCompetes in hydraulics, aerospace components, fluid conveyance, and power management.
- Bosch RexrothCompetes in hydraulics, drives, controls, automation, and motion systems.
- SwagelokCompetes in fluid systems, fittings, valves, and instrumentation components.
- MoogCompetes in high-performance motion control, aerospace, defense, and industrial systems.
- ITTCompetes in engineered components, connectors, pumps, and industrial technologies.
- DanfossCompetes in hydraulics, fluid power, controls, and electrification-adjacent systems.
Parker-Hannifin — frequently asked questions
