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Parker Hannifin (Parker Hannifin) EV-to-EBIT

: 20.51 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Parker Hannifin's Enterprise Value is $80,425 Mil. Parker Hannifin's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $3,921 Mil. Therefore, Parker Hannifin's EV-to-EBIT for today is 20.51.

The historical rank and industry rank for Parker Hannifin's EV-to-EBIT or its related term are showing as below:

PH' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.3   Med: 15.58   Max: 30.46
Current: 20.51

During the past 13 years, the highest EV-to-EBIT of Parker Hannifin was 30.46. The lowest was 9.30. And the median was 15.58.

PH's EV-to-EBIT is ranked worse than
60.63% of 2380 companies
in the Industrial Products industry
Industry Median: 16.2 vs PH: 20.51

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Parker Hannifin's Enterprise Value for the quarter that ended in Dec. 2023 was $70,565 Mil. Parker Hannifin's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $3,921 Mil. Parker Hannifin's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.56%.


Parker Hannifin EV-to-EBIT Historical Data

The historical data trend for Parker Hannifin's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Parker Hannifin Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.96 17.23 18.22 22.75 19.11

Parker Hannifin Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.66 23.50 19.11 17.22 18.00

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Parker Hannifin's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Parker Hannifin EV-to-EBIT Distribution

For the Industrial Products industry and Industrials sector, Parker Hannifin's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Parker Hannifin's EV-to-EBIT falls into.



Parker Hannifin EV-to-EBIT Calculation

Parker Hannifin's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=80425.175/3920.842
=20.51

Parker Hannifin's current Enterprise Value is $80,425 Mil.
Parker Hannifin's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,921 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Parker Hannifin  (NYSE:PH) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Parker Hannifin's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=3920.842/70564.7437
=5.56 %

Parker Hannifin's Enterprise Value for the quarter that ended in Dec. 2023 was $70,565 Mil.
Parker Hannifin's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,921 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Parker Hannifin EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Parker Hannifin's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Parker Hannifin (Parker Hannifin) Business Description

Address
6035 Parkland Boulevard, Cleveland, OH, USA, 44124-4141
Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.
Executives
Joseph R Leonti officer: VP, General Counsel, Secretary 6035 PARKLAND BLVD, CLEVELAND OH 44124
Joseph Scaminace director C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE N W, CLEVELAND OH 44115
Denise R. Fleming director 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Todd M. Leombruno officer: VP & Controller C/O PARKER-HANNIFIN CORPORATION, 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Linda S Harty director MEDTRONIC PLC, 710 MEDTRONIC PARKWAY NE, LC-150, MINNEAPOLIS MN 55432
Dinu J Parel officer: VP - Chief Information Officer 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124-4141
Robert W Malone officer: VP, President--Filtration Grp 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Berend Bracht officer: VP & Pres.-Motion Systems Grp. 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Rober S Sherrard officer: VP, PRESIDENT-INSTRUMENTATION 6035 PARKLAND BLVD, C/O PARKER HANNIFIN CORP, CLEVELAND OH 44124
Mark J Hart officer: EVP - HR & External Affairs 6035 PARKLAND BLVD, CLEVELAND OH 44124
Lee C Banks officer: VP, PRESIDENT-INSTRUMENTATION PARKER HANNIFIN CORP, 6035 PARKLAND BLVD, CLEVELAND OH 44124-4141
William R Bowman officer: VP-Pres - Instrumentation Grp 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Thomas C Gentile officer: VP-Global Supply Chain C/O PARKER-HANNIFIN CORPORATION, 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Andrew D Ross officer: VP and President - Seal Group 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Mark T Czaja officer: VP-Chief Technology & Innov. PARKER-HANNIFIN CORPORATION, 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124