Parker-Hannifin CorporationPHNYSE
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R&D Expenses Over TimeStable
Percentile Rank7
3Y CAGR+7.9%
5Y CAGR-4.0%
Year-over-Year Change

Research and development spending

3Y CAGR
+7.9%/yr
vs -12.6%/yr prior
5Y CAGR
-4.0%/yr
Recent acceleration
Acceleration
+20.5pp
Accelerating
Percentile
P7
Near historical low
vs 5Y Ago
0.8x
Contraction
Streak
2 yr
Consecutive declineStable
PeriodValueYoY Change
2025$240.00M-5.1%
2024$253.00M-1.9%
2023$258.00M+35.1%
2022$191.00M-26.3%
2021$259.04M-11.8%
2020$293.84M-0.3%
2019$294.85M-10.1%
2018$327.88M-2.6%
2017$336.68M-6.4%
2016$359.80M-