What is Parker-Hannifin Corp worth?
With the base-case assumptions below, a discounted cash flow model on Parker-Hannifin Corp's reported free cash flow gives $630.17 per share. The share price was $978.33 on September 25, 2026, 55% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 3.5% | 10.0% | $372.02 | -62% |
| Base | 8.5% | 9.0% | $630.17 | -36% |
| Bull | 13.5% | 8.0% | $1,144.87 | +17% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $823.21 | $882.46 | $954.87 | $1,045.39 | $1,161.76 |
| 8.0% | $678.92 | $717.34 | $762.75 | $817.24 | $883.83 |
| 9.0% | $573.59 | $599.86 | $630.17 | $665.54 | $707.33 |
| 10.0% | $493.45 | $512.13 | $533.30 | $557.50 | $585.42 |
| 11.0% | $430.51 | $444.20 | $459.51 | $476.73 | $496.25 |
Where the presets come from
Base: years 1 to 5 grow at Parker-Hannifin Corp's revenue growth rate over the last 5 fiscal years (8.4% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions