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Parker-Hannifin Corp Interest Expense 2008-2024 | PH

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What is interest expense?

Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.

What is Parker-Hannifin Corp's current interest expense?

Parker-Hannifin Corp (PH) annual interest expense for 2023 was $573.9M, a 124.83% increase from 2022. Parker-Hannifin Corp interest expense for the quarter ending March 31, 2024 was $123.7M.

What was Parker-Hannifin Corp's interest expense in 2022?

Parker-Hannifin Corp annual interest expense for 2022 was $255.3M, a 2.09% increase from 2021.

What was Parker-Hannifin Corp's interest expense in 2021?

Parker-Hannifin Corp annual interest expense for 2021 was $250.0M, a 18.86% decline from 2020.

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

Parker-Hannifin Corp interest expense grew at a compound annual growth rate (CAGR) of 21.82% from FY2018 to FY2023, going from $213.9M to $573.9M over 5 years.

Interest Expense History

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

Key Statistics
Trend Direction
Growing
CAGR+21.8%
FY2018
$213.9M
FY2023
$573.9M
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5 years selected
Interest Expense History
PeriodValueChangeSource
FY2023$573.9M+124.8%10-K
FY2022$255.3M+2.1%10-K
FY2021$250.0M-18.9%10-K
FY2020$308.2M+62.1%10-K
FY2019$190.1M-11.1%10-K
FY2018$213.9M+31.7%10-K
FY2017$162.4M+19.0%10-K
FY2016$136.5M+15.3%10-K
FY2015$118.4M+43.4%10-K
FY2014$82.6M-9.8%10-K
FY2013$91.6M-1.3%10-K
FY2012$92.8M-6.9%10-K
FY2011$99.7M-3.8%10-K
FY2010$103.6M-7.6%10-K
FY2009$112.1M+13.2%10-K
FY2008$99.0M-10-K
Company: Parker-Hannifin CorpTicker: PHSector: OtherIndustry: Miscellaneous Fabricated Metal ProductsView company profile →