Parker Hannifin Corporation
name
Parker Hannifin Corporation
id
PH
summary
Parker Hannifin Corporation, originally Parker Appliance Company, is an American corporation specializing in motion and control technologies. Founded in 1917 in Cleveland, Ohio, it has grown to become one of the largest companies in the world in its field, including aerospace, climate control, electromechanical, filtration, fluid and gas handling, hydraulics, pneumatics, process control, and sealing and shielding. The company is publicly traded on the NYSE under the ticker symbol PH and employs about 62,730 people as of June 2023. Its revenue in 2023 was US$19.06 billion, with an operating income of US$3.44 billion and a net income of US$2.08 billion. Parker Hannifin has a global presence, serving customers worldwide and has made significant acquisitions over the years, including the aerospace and defense company Meggitt in 2022.