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Parker

Parker-Hannifin manufactures and sells motion and control technologies and systems for various mobile, industrial and aerospace markets. Read more

34,239 Followers on Owler
34,239 Followers on Owler
34,239 Followers on Owler
34,239 Followers on Owler

Parker

Parker-Hannifin manufactures and sells motion and control technologies and systems for various mobile, industrial and aerospace markets. Read more

Thomas L. Williams's photo - Chairman & CEO of Parker

Chairman & CEO

Thomas L. Williams

CEO Approval Rating

68/100

Founded:

1917

Status:

PublicIndependent CompanyNYSEPH

SIC Code:

3560 NAICS listing »

Website:

Annual Revenue
Employees
Sector
Industrial Machinery & Equipment
Industrial Suppliers
Headquarters

PARKER TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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The top 10 competitors in Parker's competitive set are Bosch Rexroth AG, Danaher, Danfoss, Donaldson, Eaton, Emerson Climate Technologies, Festo AG & Co. KG, Freudenberg, Gates, SMC Corporation of America, IMI Norgren Herion Private Limited, Honeywell, Siemens, GE, United Technologies, Rockwell Automation, ABB, HYDAC, Johnson Controls and Yokogawa. Together they have raised over 93.3B between their estimated 1.3M employees. Parker has 57,170 employees and is ranked 9th among it's top 10 competitors. The top 10 competitors average 75,088.

Bosch Rexroth AG is one of Parker's top competitors. Bosch Rexroth AG was founded in 1795 in Lohr am Main, Bavaria. Like Parker, Bosch Rexroth AG also operates in the Industrial Machinery & Equipment industry. Bosch Rexroth AG generates $7.1B less revenue than Parker.

Danaher is a top competitor of Parker. Danaher was founded in 1969, and is headquartered in Washington, District of Columbia. Danaher operates in the Health Care Equipment industry. Danaher generates $11.2B more revenue vs. Parker.

Danfoss is seen as one of Parker's top competitors. Danfoss is headquartered in Nordborg, South Denmark, and was founded in 1933. Like Parker, Danfoss also competes in the Industrial Machinery & Equipment field. Danfoss generates 52% the revenue of Parker.

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Trending News for Parker and Parker's Competitors

May 17, 2021

African Review

Parker Hannifin releases high-performance gas turbines

The Gas Turbine Filtration Division of Parker Hannifin Corporation, a global leader in motion and con... See more »

May 17, 2021

Datanami

ASICs on the Edge Help GE Digital Optimize Energy

Edge computing is nothing new. General Electric has been collecting and processing data from jet engi... See more »

Today 12:22 AM

Seeking Alpha

Siemens to buy Supplyframe in $700M deal

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Parker Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$13.5B

Parker's revenue is the ranked 9th among it's top 10 competitors. The top 10 competitors average 17.5B. Over the last four quarters, Parker's revenue has grown by 18.5%. Specifically, in Q1 2021's revenue was $3.7B; in Q4 2020, it was $3.4B; in Q3 2020, it was $3.2B; in Q2 2020, Parker's revenue was $3.2B.

Parker Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Exotic Metals Forming Company, LLC

Jul 2019

Source »
$1.6B
Exotic Metals is a manufacturer and supplier of sheet metal assemblies and components for commercial, business, and military aircraft applications.
LORD Corporation

Apr 2019

Source »
$3.7B
LORD manufactures and distributes adhesives, coatings, sensing systems, gap fillers and specialty chemicals for defense and transportation industries.
Helac Corporation

Feb 2017

Source »
undisclosed
Helac manufactures helical hydraulic rotary actuators and construction equipment attachments for agriculture, energy, mining and truck industries.
Clarcor Inc.

Dec 2016

Source »
$4.3B
Clarcor manufactures filtration systems and packaging materials.
Jager Automobil-Technik GmbH

Jul 2016

Source »
undisclosed
Jager Automobil-Technik develops and manufactures rubber goods, rubberized fabrics and molded parts.

These are all the companies that Parker has acquired. Parker has acquired 17 companies and its latest acquisition was Exotic Metals Forming Company, LLC in Jul 2019. Exotic Metals is a manufacturer and supplier of sheet metal assemblies and components for commercial, business, and military aircraft applications.

Parker Funding History

Since Parker was founded in 1917, it has participated in 4 rounds of funding. In total Parker has raised $2.5B. Parker's last funding round was on Mar 2011 for a total of $1.5B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Mar 2011
$1.5B
-
Debt
Feb 2003
$225M
-
Debt
Sep 2001
$825M
-
IPO
Jun 1964
--
-

Total Funding: $2.5B

Since Parker was founded in 1917, it has participated in 4 rounds of funding. In total Parker has raised $2.5B. Parker's last funding round was on Mar 2011 for a total of $1.5B

Parker Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Exosite is a cloud-based data platform enabling the Internet of Things and provides visual analytics and remote monitoring solutions.
-
Jul 21, 2015
Equity
-

These are all the companies that Parker has invested in. Parker has invested 17 companies and its latest investment was Exotic Metals Forming Company, LLC in Jul 2019. Exotic Metals is a manufacturer and supplier of sheet metal assemblies and components for commercial, business, and military aircraft applications.

Parker News

April 23, 2021Crain's Cleveland Business

Parker Hannifin provides $1 million gift to support Greater Cleveland Food Bank growth

Plus, ParkOhio makes an acquisition and Energy Focus expands its reach.... See more »
April 22, 2021Manufacturing Tomorrow

Parker Expands Thermal Interface Materials Offering with THERM-A-GAP GEL 75, a New 7.5 W/m-K Single-Component Dispensable Thermal Gel

One of the highest thermal conductivity, single-component gap fillers on the market, offering the uni... See more »
April 20, 2021Markets Insider

Parker to Announce Fiscal 2021 Third Quarter Earnings on April 29th; Conference Call and Webcast Scheduled for 11 a.m. Eastern

CLEVELAND, April 20, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global lead... See more »
April 9, 2021Manufacturing Chemist

Parker launches catalogue for manifold range

The 76-page catalogue includes a focus on integrating tube connections directly into the manifolds... See more »
March 30, 2021The Fabricator

Parker's BHA TotalPleat serves as replacement filter for PowerCore dust collector

The Industrial Gas Filtration and Generation Division of Parker Hannifin Corp. has developed the BHA ... See more »
March 18, 2021Powder and Bulk Solids

BHA TotalPleat Delivers Long Filter Life BHA

TotalPleat replaces the Donaldson PowerCore® CP filter pack, part numbers P032358-016-340 and P28035... See more »
March 15, 2021Powder and Bulk Solids

Parker Launches Replacement Filter

BHA TotalPleat delivers longer filter life as reported by customers and replaces the Donaldson filter... See more »

Parker Blogs

May 12, 2021Parker Blog

US Military Depends on Screw-to-Connect Couplings to Perform Under Pressure

When working under high pressure in the harshest conditions, there is no margin for error. Especially... See more »
May 11, 2021Parker Blog

Elevating Flight With Decades-Strong Aerial Refueling Solutions

With an increased focus on strengthening United States military capabilities for the 21st century, Pa... See more »
May 11, 2021Parker Blog

What Everybody Ought to Know About ParkerStore: Products, Services, Experience

A ParkerStore is many things to many people. To put it simply, it's your go-to local source for syste... See more »
May 11, 2021Parker Blog

4 Reasons to Replace Your OEM Filter with BHA TotalPleat

With today's demands of increased industrial production and tighter emission controls, dust collector... See more »
May 6, 2021Parker Blog

PowerGrip Helps to Restore Fragile Trout Stream Habitat in Wisconsin

Nearly every equipment operator has found themselves operating in muddy, mucky conditions whether wor... See more »
May 6, 2021Parker Blog

Safety and Maintenance Solutions for Next Generation Forklift Trucks

Forklift and various material handling lift truck variations are confronting design teams with a numb... See more »
May 4, 2021Parker Blog

Non-Spill Couplings Keep Construction, Forestry, Agriculture and Mining Moving

For mobile machinery commonly used in the construction, agriculture, mining and forestry industries t... See more »

Parker Press Releases

November 18, 2020centralcharts

RS Components Partners with Parker to Bring Quality Engineering Solutions to Southeast Asia

RS Components Partners with Parker to Bring Quality Engineering Solutions to Southeast Asia Customers... See more »
November 9, 2020GlobeNewswire

Parker Scheduled to Present at Robert W. Baird Industrial Conference on November 11 at 9:40 a.m. Eastern Time

CLEVELAND, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leade... See more »
October 20, 2020GlobeNewswire

Parker to Webcast Virtual Annual Meeting of Shareholders on October 28 at 9:00 a.m. Eastern

CLEVELAND, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leade... See more »
September 30, 2020PRWeb

Parker Pneumatic Catalogue for Automation Studio is now available

Famic Technologies Inc., creator of Automation Studio , the renowned design and simulation CAD softwa... See more »
March 5, 2020StreetInsider

Parker to Webcast Investor Meeting March 12 at 1:00 p.m. Eastern Time

See more »
February 10, 2020GlobeNewswire

Parker Scheduled to Present at Barclays Capital Industrial Select Conference on February 19 at 9:45 a.m. Eastern Time

CLEVELAND, Feb. 10, 2020 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leade... See more »
February 4, 2020centralcharts

Litmus Automation Adds Parker Hannifin as an OEM Channel

San Jose, California--(Newsfile Corp. - February 4, 2020) - Litmus Automation , the Intelligence Edge... See more »

Parker Videos

April 5, 2021Parker Youtube Channel

"This Is Parker | Tecnologie di movimento e controllo" on YOUTUBE

See more »
April 2, 2021Parker Youtube Channel

"This Is Parker | Sanit e scienze della vita" on YOUTUBE

See more »
March 21, 2021Parker Youtube Channel

"This Is Parker - " on YOUTUBE

See more »
March 21, 2021Parker Youtube Channel

"This Is Parker - " on YOUTUBE

See more »
March 15, 2021Parker Youtube Channel

"This is Parker - Mquinas Fora de Estrada" on YOUTUBE

See more »
February 26, 2021Parker Youtube Channel

"This Is Parker - HVAC & Refrigeration" on YOUTUBE

See more »
February 22, 2021Parker Youtube Channel

"Expert Insights talk | Routes to carbon zero" on YOUTUBE

See more »

Social Media

Parker Headquarters

6035 Parkland Boulevard

Cleveland, Ohio44124

800-272-7537

Driving Directions »

Trending Companies

Parker Summary

ABOUT

Overview

Parker-Hannifin Corp. (NYSE: PH) manufacturer of motion and control technologies and systems for various mobile and industrial. Founded by Arthur L. Parker in 1918 and headquartered in Cleveland, Ohio with 54,750 employees in 50 countries around the w...

CEO

Parker's Chairman & CEO, Thomas L. Williams, currently has an approval rating of 68%. Parker's primary competitors are Bosch Rexroth AG, Danaher & Danfoss.

Website

parker.com

Frequently Asked Questions about Parker

  1. When was Parker founded?

    Parker was founded in 1917

  2. Who is Parker's CEO?

    Parker's CEO is Thomas L. Williams

  3. How much revenue does Parker generate?

    Parker generates $13.5B in revenue

  4. How much funding does Parker have?

    Parker has historically raised $2.5B in funding

  5. Where is Parker's headquarters?

    Parker's headquarters is in Cleveland Ohio, USA

  1. How many employees does Parker have?

    Parker has 57,170 employees

  2. What sector does Parker operate in?

    Parker is in Industrial Machinery & Equipment, Industrial Suppliers

  3. Who are Parker's competitors?

    Parker's top competitors are Bosch Rexroth AG, Danaher, Danfoss

  4. Who has Parker invested in?

    Parker's has invested in companies such as Exosite
Stay up-to-date with the latest news on Parker

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