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Parker-Hannifin Corp Income Tax Expense 2008-2026 | PH

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What is income tax expense?

Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.

What is Parker-Hannifin Corp's current income tax expense?

Parker-Hannifin Corp (PH) annual income tax expense for 2025 was $575.0M, a 23.33% decline from 2024. Parker-Hannifin Corp income tax expense for the quarter ending March 31, 2026 was $215.0M.

What was Parker-Hannifin Corp's income tax expense in 2024?

Parker-Hannifin Corp annual income tax expense for 2024 was $750.0M, a 25.84% increase from 2023.

What was Parker-Hannifin Corp's income tax expense in 2023?

Parker-Hannifin Corp annual income tax expense for 2023 was $596.0M, a 99.97% increase from 2022.

What is Parker-Hannifin Corp's 5-year income tax expense CAGR?

Parker-Hannifin Corp income tax expense grew at a compound annual growth rate (CAGR) of 13.56% from FY2020 to FY2025, going from $304.5M to $575.0M over 5 years.

Income Tax Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Stable
CAGR+13.6%
FY2020
$304.5M
→
FY2025
$575.0M
080910111213141516171819202122232425
5 years selected
Income Tax Expense History
PeriodValueChangeSource
FY2025$575.0M-23.3%10-K
FY2024$750.0M+25.8%10-K
FY2023$596.0M+100.0%10-K
FY2022$298.0M-40.4%10-K
FY2021$500.1M+64.2%10-K
FY2020$304.5M-28.2%10-K
FY2019$424.4M-33.8%10-K
FY2018$641.0M+85.9%10-K
FY2017$344.8M+12.1%10-K
FY2016$307.5M-26.7%10-K
FY2015$419.7M-18.6%10-K
FY2014$515.3M+42.3%10-K
FY2013$362.2M-14.0%10-K
FY2012$421.2M+18.1%10-K
FY2011$356.6M+79.7%10-K
FY2010$198.5M+14.8%10-K
FY2009$172.9M-54.1%10-K
FY2008$377.1M-10-K
Company: Parker-Hannifin CorpTicker: PHSector: OtherIndustry: Miscellaneous Fabricated Metal ProductsView company profile →