Company / Interest Expense
Parker Hannifin Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$573.9M
FY2023
5-year range
$190.1M / $573.9M
FY2019-FY2023
Trend
+86.2%
vs FY2022
Sector context
#2 of 113
Industrials
What the data says
Among 113 Industrials companies, Parker Hannifin is in the bottom 2% for interest expense. Interest Expense has fluctuated over the past 8 years, ranging from $137M in FY2018 to $574M in FY2023.
Based on SEC 10-K filings.
$574M in FY2023 with a 5-year CAGR of +33.3%. Ranks 2nd among 113 companies in Industrials.
Increased from $190M to $574M over the past 2 years.
Industrials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +23.0%
- 5-Year CAGR
- +33.3%
- 10-Year CAGR
- -
Sector benchmark
Bottom 2% in IndustrialsTop 98% of 113This company $573.9M Sector average $104.4M
▼
+449.6% above sector average
Key checks
Key Insights
- 5-year CAGR of +33.3%, indicating consistent growth.
- In FY2023, interest expense increased 86.2% year-over-year.
- Ranks #2 out of 113 companies in the Industrials sector.
- Lowest interest expense in the period was in FY2018.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $573.9M | +86.2% |
| FY2022 | $308.2M | +62.1% |
| FY2021 | $190.1M | -38.3% |
| FY2020 | $308.2M | +62.1% |
| FY2019 | $190.1M | +39.3% |
| FY2018 | $136.5M | -16.0% |
| FY2017 | $162.4M | +19.0% |
| FY2016 | $136.5M | +15.3% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026