How stable is Parker Hannifin's gross profit margin?

Parker Hannifin's gross profit margin has shown a relatively stable trend over the past years, with some fluctuations. The company's gross profit margin has ranged from a low of 22.33% to a high of 36.09% over the past 10 years, with a median of 25.14%.

1. **Recent Performance**: The most recent data shows a gross profit margin of 36.56% as of December 31, 2024, which is slightly higher than the long-term average. This indicates that the company is currently performing well in terms of profitability.

|code|Ticker|Name|Date|Gross Profit Margin|Gross Profit Margin YoY|market_code|
|---|---|---|---|---|---|---|
|PH|PH.N|Parker-Hannifin|2024 Q3|35.7044|8.516096090254813|169|
|PH|PH.N|Parker-Hannifin|2024 Q4|35.7648|6.055564945867316|169|
|PH|PH.N|Parker-Hannifin|2025 Q1|36.8326|2.0180589408375806|169|
|PH|PH.N|Parker-Hannifin|2025 Q2|36.5583|1.8879125105557715|169|

2. **Trend Analysis**: The trend of Parker Hannifin's gross profit margin has been increasing over the past few years, with a consistent growth rate of 7.90% per year. This suggests that the company's efforts to improve efficiency and manage costs effectively have been paying off.
3. **Comparative Analysis**: When compared to other companies in the same industry, Parker Hannifin's gross profit margin is above the average, with competitors like Dover Corp and AMETEK Inc having margins of 38.64% and 36.60%, respectively. This indicates that Parker Hannifin is performing well relative to its peers.
4. **Future Outlook**: The company's strong performance in key markets, such as aerospace and defense, and its strategic shifts towards longer-cycle products and clean technologies, suggest that the gross profit margin is likely to remain stable or even improve in the future.

In conclusion, while there have been some fluctuations in Parker Hannifin's gross profit margin, the overall trend has been stable and the company's recent performance and future outlook indicate a strong likelihood of continued stability or improvement.