PH
Parker-Hannifin Corporation Industrials - Machinery Investor Relations →
Parker-Hannifin Corporation (PH) closed at $976.49 as of 2026-02-02, trading 94.7% above its 200-week moving average of $501.50. The stock moved further from the line this week, up from 87.6% last week. With a 14-week RSI of 87, PH is in overbought territory.
Over the past 2346 weeks of data, PH has crossed below its 200-week moving average 24 times. On average, these episodes lasted 16 weeks. Historically, investors who bought PH at the start of these episodes saw an average one-year return of +27.9%.
With a market cap of $123.2 billion, PH is a large-cap stock. The company generates a free cash flow yield of 2.0%. Return on equity stands at 25.8%, indicating strong profitability. The stock trades at 8.6x book value.
Over the past 33.2 years, a hypothetical investment of $100 in PH would have grown to $17789, compared to $2849 for the S&P 500. That represents an annualized return of 16.9% vs 10.6% for the index — confirming PH as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 14.7% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: PH vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After PH Crosses Below the Line?
Across 16 historical episodes, buying PH when it crossed below its 200-week moving average produced an average return of +47.1% after 12 months (median +39.0%), compared to +13.0% for the S&P 500 over the same periods. 100% of those episodes were profitable after one year. After 24 months, the average return was +64.1% vs +23.0% for the index.
Each line shows $100 invested at the moment PH crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
PH has crossed below its 200-week MA 24 times with an average 1-year return of +27.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 1981 | Jan 1983 | 72 | 42.0% | -8.5% | +52916.2% |
| Jul 1984 | Jul 1984 | 1 | 3.5% | +29.5% | +41903.2% |
| Aug 1988 | Aug 1988 | 1 | 0.2% | +16.4% | +23913.0% |
| Oct 1988 | Jan 1989 | 12 | 4.4% | -4.4% | +23592.9% |
| Feb 1989 | Jul 1989 | 21 | 7.1% | +4.6% | +23145.0% |
| Sep 1989 | Mar 1990 | 24 | 15.2% | -19.5% | +22027.1% |
| Apr 1990 | Apr 1990 | 4 | 4.4% | -11.2% | +21935.0% |
| Jul 1990 | May 1991 | 46 | 32.4% | -4.2% | +21485.7% |
| Jun 1991 | Oct 1991 | 16 | 6.9% | +10.3% | +22546.1% |
| Aug 1998 | Oct 1998 | 8 | 9.8% | +52.2% | +7702.6% |
| Dec 1998 | Dec 1998 | 1 | 0.1% | +48.1% | +7287.3% |
| Jan 1999 | Feb 1999 | 2 | 5.2% | +60.3% | +7599.0% |
| Feb 2000 | Mar 2000 | 5 | 6.5% | +21.6% | +6224.0% |
| Jun 2000 | Dec 2000 | 26 | 17.0% | +21.4% | +6013.0% |
| Sep 2001 | Nov 2001 | 10 | 20.6% | +22.2% | +6790.8% |
| Jul 2002 | Oct 2002 | 13 | 9.7% | +14.6% | +5251.4% |
| Jan 2003 | Jun 2003 | 19 | 8.0% | +44.4% | +5162.5% |
| Sep 2008 | Nov 2009 | 58 | 47.3% | +0.4% | +2378.2% |
| Nov 2009 | Jan 2010 | 7 | 1.8% | +53.5% | +2286.2% |
| Jun 2010 | Jul 2010 | 1 | 1.6% | +69.0% | +2211.3% |
| Sep 2015 | Oct 2015 | 4 | 4.0% | +29.0% | +1094.1% |
| Nov 2015 | Nov 2015 | 1 | 1.3% | +41.3% | +1049.8% |
| Dec 2015 | Feb 2016 | 11 | 13.7% | +52.5% | +1101.4% |
| Mar 2020 | May 2020 | 10 | 35.8% | +126.6% | +655.8% |
| Average | 16 | — | +27.9% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02