Parker-Hannifin Corporation Overview
Pro stress-test →Parker-Hannifin is an American corporation specializing in motion and control technologies, and is one of the largest companies in the world in this sector, serving aerospace, climate control, electromechanical, filtration, fluid and gas handling, hydraulics, pneumatics, process control, and sealing and shielding applications. The company posted record Q2 FY26 performance and maintains the #1 position in the motion and control industry.
Strategic Profile
Pro stress-test →Parker's strategic positioning focuses on higher-growth, longer-cycle markets, with particular emphasis on aerospace and defense, which now represents approximately 35% of total sales. In November 2025, Parker Hannifin announced a deal to buy Filtration Group for $9.25 billion, expected to create one of the largest industrial filtration businesses in the world.
Competitive Landscape
Pro stress-test →The Timken, Donaldson Company, Flowserve, Moog, and Enerpac Tool Group are among Parker-Hannifin's competitors. Parker maintains market leadership through its diversified product portfolio spanning aerospace systems, industrial machinery controls, and filtration technologies, with competitive advantages in aerospace and defense markets.
Industry Context
Parker-Hannifin Corporation operates in Motion and Control Technologies / Industrial Manufacturing & Aerospace Systems.
Key facts
Founded: 1917 · Headquarters: Mayfield Heights, Ohio · Employees: 61,000 · Revenue: $19.9B · Market cap: $118B