Parker-Hannifin Corp R&D Expense 2008-2025 | PH
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What is r&d expense?
Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.
What is Parker-Hannifin Corp's current r&d expense?
Parker-Hannifin Corp (PH) annual r&d expense for 2025 was $240.0M, a 5.14% decline from 2024.
What was Parker-Hannifin Corp's r&d expense in 2024?
Parker-Hannifin Corp annual r&d expense for 2024 was $253.0M, a 1.94% decline from 2023.
What was Parker-Hannifin Corp's r&d expense in 2023?
Parker-Hannifin Corp annual r&d expense for 2023 was $258.0M, a 35.08% increase from 2022.
What is Parker-Hannifin Corp's 5-year r&d expense CAGR?
Parker-Hannifin Corp r&d expense grew at a compound annual growth rate (CAGR) of 0.25% from FY2020 to FY2025, going from $237.0M to $240.0M over 5 years.
R&D Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGR+0.3%
FY2020
$237.0M
→
FY2025
$240.0M
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5 years selected
R&D Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $240.0M | -5.1% | 10-K |
| FY2024 | $253.0M | -1.9% | 10-K |
| FY2023 | $258.0M | +35.1% | 10-K |
| FY2022 | $191.0M | -6.8% | 10-K |
| FY2021 | $205.0M | -13.5% | 10-K |
| FY2020 | $237.0M | -19.6% | 10-K |
| FY2019 | $294.9M | -10.1% | 10-K |
| FY2018 | $327.9M | -2.6% | 10-K |
| FY2017 | $336.7M | -6.4% | 10-K |
| FY2016 | $359.8M | -10.7% | 10-K |
| FY2015 | $403.1M | -1.7% | 10-K |
| FY2014 | $410.1M | +0.9% | 10-K |
| FY2013 | $406.6M | +11.2% | 10-K |
| FY2012 | $365.7M | +1.7% | 10-K |
| FY2011 | $359.5M | +13.7% | 10-K |
| FY2010 | $316.2M | -6.7% | 10-K |
| FY2009 | $338.9M | +11.8% | 10-K |
| FY2008 | $303.1M | - | 10-K |
Company: Parker-Hannifin CorpTicker: PHSector: OtherIndustry: Miscellaneous Fabricated Metal ProductsView company profile →