Parker Hannifin Corp

Industry: Fabricated Products

Fortune Rank: 230

For the three months ended 30 September 2005, Parker- Hannifin Corporation's revenue increased 13% to $2.11B. Net income from continuing operations increased 14% to $143.8M. Revenue reflects the improved performances from all major segments and strong distribution network. Net profit also benefited from higher operating margin and lower other expenses.The company is also engaged in motion control products and related components.

Parker-Hannifin Corporation is a full-line manufacture of motion control products, including fluid power systems, electrochemical control and related components. Fluid power involves the transfer and control of power through the medium of liquid, gas or air, in hydraulic, pneumatic and vacuum applications. Fluid power systems move and position materials, control machines, vehicles and equipment, and improve industrial efficiency and productivity. Its motion control technology is used in products of its four business segments: Industrial, Aerospace, Climate and Industrial Controls and Other. Through Astron Buildings, it designs and manufactures custom-engineered buildings. It also manufactured and marketed specialty chemical products and maintenance service equipment through the Wynn's Specialty Chemical Group until the Company divested this business in December 2004.

Parker Hannifin Corp

Parker Hannifin Corp is a Fortune 500 company. In 2010 Parker Hannifin Corp was ranked number 230 on the Fortune 500 list, making it the 230th largest company in the United States when judged by revenue.

Parker Hannifin Corp achieved revenue of $10,309.00 million in 2010 and earned a profit of $508.50 million.

Parker Hannifin Corp's rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 221st on the Fortune 500. The Previous ranking was based on its 2009 revenue of $12,146 million (a change of -2 million compared to 2010) and profits of $950 million (a change of -441 million compared to 2010).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Parker Hannifin Corp would be ranked 210th rather than 230th due to its profits of $509 in 2010.

Parker Hannifin Corp Revenue* Profit* Fortune Ranking

* US$ Million

USPages Latest Business News At A Glance Business Shortcuts