PH
Parker-Hannifin Corporation Industrials - Machinery Investor Relations →
Parker-Hannifin Corporation (PH) closed at $882.23 as of 2026-05-01, trading 62.4% above its 200-week moving average of $543.25. The stock is currently moving closer to the line, down from 80.5% last week. The 14-week RSI sits at 45, indicating neutral momentum.
Trading volume is running at 1.8x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.76 ratio) is neutral — neither side is clearly dominating.
Over the past 2358 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 $111.4 billion, PH is a large-cap stock. The company generates a free cash flow yield of 2.5%. Return on equity stands at 24.8%, indicating strong profitability. The stock trades at 7.8x book value.
Over the past 33.3 years, a hypothetical investment of $100 in PH would have grown to $16072, compared to $2973 for the S&P 500. That represents an annualized return of 16.5% vs 10.7% for the index — confirming PH as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 14.7% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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% | +47798.6% |
| Jul 1984 | Jul 1984 | 1 | 3.5% | +29.5% | +37848.7% |
| Aug 1988 | Aug 1988 | 1 | 0.2% | +16.4% | +21595.1% |
| Oct 1988 | Jan 1989 | 12 | 4.4% | -4.4% | +21305.8% |
| Feb 1989 | Jul 1989 | 21 | 7.1% | +4.6% | +20901.1% |
| Sep 1989 | Mar 1990 | 24 | 15.2% | -19.5% | +19891.2% |
| Apr 1990 | Apr 1990 | 4 | 4.4% | -11.2% | +19808.0% |
| Jul 1990 | May 1991 | 46 | 32.4% | -4.2% | +19402.1% |
| Jun 1991 | Oct 1991 | 16 | 6.9% | +10.3% | +20360.1% |
| Aug 1998 | Oct 1998 | 8 | 9.8% | +52.2% | +6949.4% |
| Dec 1998 | Dec 1998 | 1 | 0.1% | +48.1% | +6574.2% |
| Jan 1999 | Feb 1999 | 2 | 5.2% | +60.3% | +6855.8% |
| Feb 2000 | Mar 2000 | 5 | 6.5% | +21.6% | +5613.6% |
| Jun 2000 | Dec 2000 | 26 | 17.0% | +21.4% | +5422.9% |
| Sep 2001 | Nov 2001 | 10 | 20.6% | +22.2% | +6125.6% |
| Jul 2002 | Oct 2002 | 13 | 9.7% | +14.6% | +4734.8% |
| Jan 2003 | Jun 2003 | 19 | 8.0% | +44.4% | +4654.5% |
| Sep 2008 | Nov 2009 | 58 | 47.3% | +0.4% | +2139.0% |
| Nov 2009 | Jan 2010 | 7 | 1.8% | +53.5% | +2055.9% |
| Jun 2010 | Jul 2010 | 1 | 1.6% | +69.0% | +1988.2% |
| Sep 2015 | Oct 2015 | 4 | 4.0% | +29.0% | +978.8% |
| Nov 2015 | Nov 2015 | 1 | 1.3% | +41.3% | +938.8% |
| Dec 2015 | Feb 2016 | 11 | 13.7% | +52.5% | +985.4% |
| Mar 2020 | May 2020 | 10 | 35.8% | +126.6% | +582.9% |
| Average | 16 | — | +27.9% | — |
Frequently Asked Questions
Is PH below its 200-week moving average?
No. Parker-Hannifin Corporation (PH) is currently 62.4% above its 200-week moving average of $543.25. It would need to fall to $543.25 to cross below the line.
What is PH's 200-week moving average price?
Parker-Hannifin Corporation's 200-week moving average is $543.25 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when PH drops below its 200-week moving average?
PH has crossed below its 200-week moving average 24 times in our data. On average, buying at that moment produced a one-year return of +27.9%. These dips have historically been decent entry points. These episodes lasted 16 weeks on average.
Is PH a good value right now?
Here's what our data says about PH as of 2026-05-01: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 45. Free cash flow yield is 2.5%. Return on equity is 24.8%. Price-to-book is 7.8x. This is not a buy or sell recommendation — always do your own research.
How does PH compare to the S&P 500?
Over the past 33.3 years, $100 invested in PH would have grown to $16072, compared to $2973 for the S&P 500. That's 16.5% annualized vs 10.7% for the index. PH has outperformed the broader market over this period.
Does PH pay a dividend?
Yes. Parker-Hannifin Corporation currently pays a dividend yield of 91.00%.
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 week of 2026-05-01