Parker-Hannifin Gross Margin 2010-2024 | PH
- Parker-Hannifin average gross margin for 2023 was 34.13%, a 0.78% increase from 2022.
- Parker-Hannifin average gross margin for 2022 was 34.4%, a 5.72% decline from 2021.
- Parker-Hannifin average gross margin for 2021 was 32.54%, a 29.38% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.