PHParker Hannifin

$1,038.91

Is it safe?

Can PH take a bad year?

Parker Hannifin carries $9.02B of net debt at 1.66× EBITDA: a load its earnings can carry.

$9.02B

Net debt · as at Q4 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
1.66×

Net debt / EBITDA · 2.26× a year ago · the load is coming down

Altman Z-score
7.12

Altman Z-score · safe zone, above 3

Interest cover
12.6×

Interest cover · operating profit covers the interest bill several times over

Details
Total debtQ4 2026
$9.52B
Cash and short-term investments
$501M
Net debt
$9.02B
EBITDA, trailing twelve months
$5.42B
Operating profit, trailing twelve months
$5.07B
Debt / equity
0.62×
Total debt / EBITDA
1.76×
Annualised volatilitytwo years of daily moves
30%
Worst drawdown on file
−55%
Below its 52-week high
−3.3%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.