Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Parker Hannifin's share price for the quarter that ended in Dec. 2023 was $460.7. Parker Hannifin's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 128 Mil. Therefore, Parker Hannifin's market cap for the quarter that ended in Dec. 2023 was $59,159 Mil.
Parker Hannifin's quarterly market cap
declined
from Jun. 2023 ($50,094 Mil) to Sep. 2023 ($50,044 Mil) but then
increased
from Sep. 2023 ($50,044 Mil) to Dec. 2023 ($59,159 Mil).
Parker Hannifin's annual market cap
declined
from Jun. 2021 ($39,662 Mil) to Jun. 2022 ($31,605 Mil) but then
increased
from Jun. 2022 ($31,605 Mil) to Jun. 2023 ($50,094 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Parker Hannifin's Enterprise Value for Today is $82,489 Mil.
Parker Hannifin Market Cap Historical Data
The historical data trend for Parker Hannifin's Market Cap 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.
Competitive Comparison of Parker Hannifin's Market Cap
For the Specialty Industrial Machinery subindustry, Parker Hannifin's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Parker Hannifin's Market Cap distribution charts can be found below:
* The bar in red indicates where Parker Hannifin's Market Cap falls into.
Parker Hannifin Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Parker Hannifin's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as
* 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) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Parker Hannifin Market Cap Related Terms
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Parker Hannifin (Parker Hannifin) Business Description
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.
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