Company / R&D Expense
Parker Hannifin R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$240.0M
FY2025
5-year range
$237.0M / $294.9M
FY2021-FY2025
Trend
-5.1%
vs FY2024
Sector context
#39 of 174
Industrials
What the data says
Parker Hannifin's r&d expense of $240M is higher than 78% of companies in the Industrials sector (FY2025). R&D Expense has fluctuated over the past 10 years, ranging from $237M in FY2022 to $360M in FY2018.
Based on SEC 10-K filings.
$240M in FY2025 with a 5-year CAGR of +0.3%. Top quartile in the Industrials sector.
Declined from $258M to $240M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +0.4%
- 5-Year CAGR
- +0.3%
- 10-Year CAGR
- -
Sector benchmark
Top 22% in IndustrialsTop 22% of 174This company $240.0M Sector average $273.7M
▼
-12.3% below sector average
Key checks
Key Insights
- 5-year CAGR of +0.3%, indicating consistent growth.
- In FY2025, r&d expense decreased 5.1% year-over-year.
- Ranks #39 out of 174 companies in the Industrials sector.
- Peak r&d expense was recorded in FY2018.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $240.0M | -5.1% |
| FY2024 | $253.0M | -1.9% |
| FY2023 | $258.0M | +8.9% |
| FY2022 | $237.0M | -19.6% |
| FY2021 | $294.9M | +24.4% |
| FY2020 | $237.0M | -19.6% |
| FY2019 | $294.9M | -18.1% |
| FY2018 | $359.8M | +6.9% |
| FY2017 | $336.7M | -6.4% |
| FY2016 | $359.8M | -10.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026