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Parker Hannifin
Industrial Manufacturing

Parker Hannifin Company Overview

Parker Hannifin logo

Parker Hannifin

● Active
Industrial Manufacturing · Cleveland, OH · Est. 1917
IndustrialAerospaceMotion ControlHydraulicsDefense↗ Website
$65.4B
Valuation
$21.2B
Revenue
62k+
Employees
1917
Founded

Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies, providing precision-engineered solutions in aerospace, industrial, and life sciences markets. Its products — including hydraulic systems, pneumatic actuators, filtration systems, electromechanical drives, and fluid connectors — enable machines and processes across energy, manufacturing, transportation, and defense to operate with greater efficiency and reliability.

Recent Press
5 items
Press Release·2026-02-09
Parker's Fiscal Year 2025 Sustainability Report Demonstrates Purpose in Motion
Parker Hannifin released its fiscal year 2025 Sustainability Report, highlighting a 36% reduction in Scope 1 and 2 emissions and continued progress on its Purpose in Motion sustainability strategy.
Press Release·2026-01-29
Parker Reports Fiscal 2026 Second Quarter Results
Parker Hannifin reported record fiscal Q2 2026 sales of $5.17 billion, up 9% year-over-year, with organic sales growth of 6.6% and record adjusted EPS of $7.65, up 17%.
Acquisition·2025-11-11
Parker to Acquire Filtration Group Corporation, Significantly Expanding Filtration Offering and Aftermarket Business
Parker Hannifin entered into a definitive agreement to acquire Filtration Group Corporation for $9.25 billion in cash, significantly expanding its filtration portfolio and aftermarket business.
Press Release·2025-11-06
Parker Reports Fiscal 2026 First Quarter Results
Parker Hannifin reported record Q1 fiscal 2026 sales of $5.1 billion with organic sales growth of 5%, raising its fiscal 2026 full-year guidance to total sales growth of 4% to 7%.
Press Release·2025-08-07
Parker Reports Fiscal 2025 Fourth Quarter and Full Year Results
Parker Hannifin reported fiscal 2025 full-year sales of $19.9 billion with net income up 24% to $3.5 billion and record adjusted EPS of $27.33, while increasing its quarterly dividend by 10%.
Company History
10 milestones
Arthur L. Parker founded Parker Appliance Company in Cleveland, Ohio to manufacture pneumatic brake systems for trucks, establishing the foundation for what would become the world leader in motion and control technologies.

Parker Hannifin Organization Structure & Team

Org Chart
62,000 employees · Click a leader to explore their team
43,020 across 12 departments
Chief Executive Officer
Jenny Mikell
Todd Leombruno — Departments
· 43020 people across 12 depts

Parker Hannifin Financials, Revenue & Market Share

Annual Revenue
$21.2B
+7% vs prior year
YoY Growth
+7%
From $14.3B to $21.2B
Revenue / Employee
$321K
Annual revenue per full-time employee
Revenue Growth
2021
2022
2023
2024
2025
$14.3B
$15.9B
$18.6B
$19.9B
$21.2B
Market Share
Motion & Control Systems (Industrial)
18%
share
Parker Hannifin
18%
Eaton Corporation
16%
Bosch Rexroth
14%
SMC Corporation
11%
Moog Inc.
8%
$380B
TAM
$95B
SAM
$19.9B
SOM
Revenue Streams
Aerospace Systems35%
Industrial North America32%
Industrial International22%
Filtration11%
Business Units
Aerospace Systems Segment35%
Parker's largest and fastest-growing segment following the Meggitt acquisition, covering flight control, hydraulics, fuel systems, and aircraft braking for commercial OEM, business jet, and defense markets globally.
Industrial Segment – North America & International54%
Parker's diversified industrial segment serving manufacturing, oil & gas, semiconductor, food & beverage, and mobile equipment markets with hydraulic, pneumatic, electromechanical, and sealing products.
Filtration Segment11%
Standalone filtration business selling hydraulic, compressed air, and industrial liquid filtration solutions through distributors and direct OEM channels worldwide.

Parker Hannifin Internal Tools & Processes

Internal Tools
12 departments
Aerospace Systems Engineering4200 people · 3 roles
Standards & Certifications
10 standards
Compliance frameworks, security audits, and quality certifications this company maintains.
Quality
AS9100 Rev D
Certified
Parker Hannifin's aerospace manufacturing facilities are certified to AS9100 Rev D, the international quality management system standard for aviation, space, and defense organizations, covering design, manufacturing, and delivery of Parker's flight control actuators, hydraulic systems, and aircraft components.
Quality
ISO 9001:2015
Certified
Parker's industrial manufacturing sites worldwide maintain ISO 9001:2015 certification, ensuring consistent quality management processes across its hydraulics, pneumatics, filtration, and electromechanical product manufacturing operations.
Quality
NADCAP
Certified
Parker Hannifin's aerospace component manufacturing processes — including special processes such as heat treating, non-destructive testing, and chemical processing for aircraft hydraulic and actuation components — are accredited under the NADCAP industry-managed special process audit program.
Environmental
ISO 14001:2015
Certified
Parker Hannifin operates an ISO 14001:2015 certified environmental management system at key manufacturing sites, supporting its sustainability commitments to reduce energy intensity, minimize hazardous waste, and lower greenhouse gas emissions across its global industrial and aerospace operations.
Regulatory
ITAR / EAR Compliance
Compliant
Parker Hannifin complies with U.S. International Traffic in Arms Regulations (ITAR) and Export Administration Regulations (EAR) for the design, manufacture, and export of defense-related aerospace and military hydraulic and actuation systems, maintaining a registered ITAR compliance program with the U.S. State Department.
Safety
DO-178C
Compliant
Parker Hannifin's avionics and flight-critical software embedded in aerospace actuation and fuel management systems is developed in compliance with DO-178C, the software safety standard for airborne systems required by the FAA and EASA for certification of Parker's flight control software.
Safety
ISO 45001:2018
Certified
Parker Hannifin has implemented ISO 45001:2018 occupational health and safety management systems at major manufacturing facilities to systematically identify and control workplace hazards, supporting its goal of achieving zero recordable injuries across its 300+ global manufacturing sites.
Security
ISO/IEC 27001
Certified
Parker Hannifin's information security management systems for industrial IoT and connected product platforms — including Parker IIoT and remote monitoring services — maintain ISO/IEC 27001 certification, protecting customer data and operational technology assets from cybersecurity threats.
Environmental
RoHS / REACH
Compliant
Parker Hannifin ensures compliance with the EU RoHS (Restriction of Hazardous Substances) and REACH (Registration, Evaluation, Authorisation and Restriction of Chemicals) regulations for its hydraulic, pneumatic, and electronic components sold into the European market, maintaining substance declaration and restriction programs across its supply chain.
Security
CMMC Level 2
Compliant
Parker Hannifin's U.S. defense manufacturing operations are pursuing Cybersecurity Maturity Model Certification (CMMC) Level 2 compliance to protect Controlled Unclassified Information (CUI) in its F-35, military hydraulic, and defense systems programs, as required by the Department of Defense supplier requirements.

Parker Hannifin Interview Preparation

Interview Prep
Role-specific interview questions and keywords. Select a department, then click any role to prepare.
Aerospace Systems Engineering· 3 roles

Parker Hannifin Products & Competitors

Product Suite
5 products · select one to explore
Industrial Manufacturing
Hardware
Parker Hannifin Hydraulic Piston Pump (P2/P3 Series)
The power behind the machines that build the world.

Parker's P2 and P3 Series axial piston pumps are variable-displacement hydraulic pumps engineered for mobile and industrial applications requiring high power density, efficiency, and reliability. Used in excavators, cranes, injection molding machines, and industrial presses, they deliver precise flow control with pressure ratings up to 420 bar and displacement ranges from 18 to 250 cc/rev, forming the hydraulic heart of demanding motion systems worldwide.

Use Cases
Powering the primary hydraulic circuits of a 50-ton excavator's boom, arm, and swing systems with dual P2 piston pumps driven from the diesel engine power take-offProviding closed-circuit hydrostatic transmission power for a large agricultural combine harvester drive system using Parker P3 variable pumps with integrated servo controlsSupplying high-pressure hydraulic power for a 2,000-ton metal stamping press using Parker P3 tandem pumps with pressure-compensated flow control for precise die force management
No image
Key Customers
CAT
Caterpillar
KOM
Komatsu
JD
John Deere
Competitive Intelligence
VSBosch Rexroth A10 Series
THEM

Bosch Rexroth's A10 axial piston pump is a globally popular variable displacement pump for mobile and industrial hydraulic applications, available in open and closed circuit configurations with a broad displacement range from 18 to 180 cc/rev.

EDGE

Parker P2/P3 series offers higher peak pressure ratings and a broader displacement range with deeper integration into Parker's valve, filter, and electrohydraulic control ecosystem

VSEaton Vickers PVH Pump
THEM

Eaton's PVH series is a variable piston pump widely used in industrial hydraulic systems for injection molding, presses, and machine tools, known for its quiet operation and high-pressure performance up to 350 bar.

EDGE

Parker's global service network and direct OEM application engineering support provide a lower total cost of ownership advantage over Eaton in mobile equipment markets

VSDanfoss H1 Pump
THEM

Danfoss H1 is a closed-circuit axial piston pump specifically designed for hydrostatic transmission applications in mobile machinery, offering integrated displacement control and cross-port relief valves in a compact package.

EDGE

Parker P3 closed-circuit pumps pair with Parker's broader drivetrain control ecosystem including Parker joystick controllers and IQAN electronic control systems for complete machine integration

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