Parker Hannifin

Parker-Hannifin Corporation
Company typePublic
IndustryManufacturing
Founded1917 (1917) in Cleveland, Ohio, U.S.
FounderArthur L. Parker
Headquarters,
United States
Area served
Worldwide
Key people
Jennifer A. Parmentier (Chairman and CEO)
Revenue US$19.9 billion (2024)
US$3.81 billion (2024)
US$2.84 billion (2024)
Total assets US$29.3 billion (2024)
Total equity US$12.1 billion (2024)
Number of employees
61,120 (2024)
SubsidiariesParker Meggitt
Websiteparker.com
Footnotes / references

Parker-Hannifin Corporation, originally Parker Appliance Company, usually referred to as just Parker, is an American corporation specializing in motion and control technologies. Its corporate headquarters are in Mayfield Heights, Ohio, in Greater Cleveland (with a Cleveland mailing address).

The company was founded in 1917 and has been publicly traded on the New York Stock Exchange since December 9, 1964. The firm is one of the largest companies in the world in motion control technologies, including aerospace, climate control, electromechanical, filtration, fluid and gas handling, hydraulics, pneumatics, process control, and sealing and shielding. Parker employs about 61,000 people globally.

In 2024, the company was ranked 216 in the Fortune 500.