PH
Parker-Hannifin Corporation Industrials - Machinery Investor Relations →
Parker-Hannifin Corporation (PH) closed at $943.54 as of 2026-09-18, trading 54.8% above its 200-week moving average of $609.61. The stock is currently moving closer to the line, down from 56.7% last week. The 14-week RSI sits at 56, indicating neutral momentum.
Trading volume is running at 1.4x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.24 ratio) is neutral — neither side is clearly dominating.
Over the past 2378 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 $119.0 billion, PH is a large-cap stock. The company generates a free cash flow yield of 2.5%. Return on equity stands at 25.1%, indicating strong profitability. The stock trades at 7.7x book value.
Over the past 33.8 years, a hypothetical investment of $100 in PH would have grown to $17263, compared to $3167 for the S&P 500. That represents an annualized return of 16.5% vs 10.8% for the index — confirming PH as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 14.5% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($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 +12.9% 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 +22.9% 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.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices PH would reach each dislocation threshold.
Dislocation Price Levels
Prices where PH's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-11-05.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $890.42 | Unusually cheap — analysis point |
| Value | +1σ | $931.93 | Cheap vs. own history |
| Fair Value | +0σ | $977.51 | Historical mean behavior |
| Expensive | -1σ | $1027.76 | Expensive vs. own history |
| Deep Expensive | -2σ | $1083.47 | Unusually expensive — analysis point |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Recent Earnings
| Date | EPS Est. | EPS Actual | Surprise |
|---|---|---|---|
| 2026-08-06 | $8.27 | $9.27 | +12.2% |
| 2026-04-30 | $7.83 | $8.17 | +4.4% |
| 2026-01-29 | $7.17 | $7.65 | +6.8% |
| 2025-11-06 | $6.62 | $7.22 | +9.0% |
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
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Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are analysis points: prices at which the yield deviation becomes unusual enough to justify the work. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from PH's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. Each one is an analysis point, a reason to open the filings. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
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% | +51346.5% |
| Jul 1984 | Jul 1984 | 1 | 3.5% | +29.5% | +40659.5% |
| Aug 1988 | Aug 1988 | 1 | 0.3% | +16.4% | +23202.0% |
| Oct 1988 | Jan 1989 | 12 | 4.5% | -4.4% | +22891.3% |
| Feb 1989 | Jul 1989 | 21 | 7.1% | +4.6% | +22456.7% |
| Sep 1989 | Mar 1990 | 24 | 15.2% | -19.5% | +21372.0% |
| Apr 1990 | Apr 1990 | 4 | 4.4% | -11.2% | +21282.6% |
| Jul 1990 | May 1991 | 46 | 32.4% | -4.2% | +20846.6% |
| Jun 1991 | Oct 1991 | 16 | 6.9% | +10.3% | +21875.6% |
| Aug 1998 | Oct 1998 | 8 | 9.9% | +52.1% | +7434.9% |
| Dec 1998 | Dec 1998 | 1 | 0.2% | +48.1% | +7068.5% |
| Jan 1999 | Feb 1999 | 2 | 5.2% | +60.3% | +7371.0% |
| Feb 2000 | Mar 2000 | 5 | 6.1% | +21.6% | +6036.8% |
| Jun 2000 | Dec 2000 | 26 | 17.1% | +21.4% | +5832.0% |
| Sep 2001 | Nov 2001 | 9 | 20.6% | +22.2% | +6586.8% |
| Jul 2002 | Oct 2002 | 13 | 9.7% | +14.6% | +5092.9% |
| Jan 2003 | Jun 2003 | 19 | 8.1% | +44.4% | +5006.7% |
| Sep 2008 | Nov 2009 | 58 | 47.3% | +0.4% | +2304.8% |
| Nov 2009 | Jan 2010 | 7 | 1.8% | +52.8% | +2205.4% |
| Jun 2010 | Jul 2010 | 1 | 1.6% | +69.0% | +2142.9% |
| Sep 2015 | Oct 2015 | 4 | 4.1% | +29.0% | +1058.7% |
| Nov 2015 | Nov 2015 | 1 | 1.4% | +42.0% | +1015.8% |
| Dec 2015 | Feb 2016 | 11 | 13.7% | +52.5% | +1065.8% |
| Mar 2020 | May 2020 | 10 | 35.8% | +126.6% | +633.5% |
| Average | 16 | — | +27.9% | — |
Frequently Asked Questions
Is PH below its 200-week moving average?
No. Parker-Hannifin Corporation (PH) is currently 54.8% above its 200-week moving average of $609.61. It would need to fall to $609.61 to cross below the line.
What is PH's 200-week moving average price?
Parker-Hannifin Corporation's 200-week moving average is $609.61 as of 2026-09-18. 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 2026-09-18: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 56. Free cash flow yield is 2.5%. Return on equity is 25.1%. Price-to-book is 7.7x. 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 33.8 years, $100 invested in PH would have grown to $17263, compared to $3167 for the S&P 500. That's 16.5% annualized vs 10.8% 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 85.00%.
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 2026-09-18