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Benzinga

Business

Benzinga Insights

Parker Hannifin's Return on Invested Capital Insights

Parker Hannifin

Pulled from Benzinga Pro data, Parker Hannifin (NYSE:PH) showed a loss in earnings since Q2, totaling $348.09 million. Sales, on the other hand, increased by 6.82% to $4.09 billion during Q3. Parker Hannifin reached earnings of $387.73 million and sales of $3.83 billion in Q2.

Why Is ROIC Significant?

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