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Side-by-side financial comparison of Parker Hannifin (PH) and PayPal (PYPL). Click either name above to swap in a different company.

PayPal is the larger business by last-quarter revenue ($8.7B vs $5.2B, roughly 1.7× Parker Hannifin). On growth, Parker Hannifin posted the faster year-over-year revenue change (9.1% vs 3.7%). PayPal produced more free cash flow last quarter ($2.2B vs $768.0M). Over the past eight quarters, PayPal's revenue compounded faster (6.2% CAGR vs 1.0%).

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.

PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers; it serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial and company users.

PH vs PYPL — Head-to-Head

Bigger by revenue
PYPL
PYPL
1.7× larger
PYPL
$8.7B
$5.2B
PH
Growing faster (revenue YoY)
PH
PH
+5.4% gap
PH
9.1%
3.7%
PYPL
More free cash flow
PYPL
PYPL
$1.4B more FCF
PYPL
$2.2B
$768.0M
PH
Faster 2-yr revenue CAGR
PYPL
PYPL
Annualised
PYPL
6.2%
1.0%
PH

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
PH
PH
PYPL
PYPL
Revenue
$5.2B
$8.7B
Net Profit
$1.4B
Gross Margin
37.3%
Operating Margin
22.8%
17.4%
Net Margin
16.6%
Revenue YoY
9.1%
3.7%
Net Profit YoY
28.2%
EPS (diluted)
$6.60
$1.53

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PH
PH
PYPL
PYPL
Q4 25
$5.2B
$8.7B
Q3 25
$5.1B
$8.4B
Q2 25
$5.2B
$8.3B
Q1 25
$5.0B
$7.8B
Q4 24
$4.7B
$8.4B
Q3 24
$4.9B
$7.8B
Q2 24
$5.2B
$7.9B
Q1 24
$5.1B
$7.7B
Net Profit
PH
PH
PYPL
PYPL
Q4 25
$1.4B
Q3 25
$1.2B
Q2 25
$923.6M
$1.3B
Q1 25
$961.2M
$1.3B
Q4 24
$948.6M
$1.1B
Q3 24
$698.5M
$1.0B
Q2 24
$785.1M
$1.1B
Q1 24
$726.7M
$888.0M
Gross Margin
PH
PH
PYPL
PYPL
Q4 25
37.3%
Q3 25
37.5%
Q2 25
37.3%
Q1 25
36.9%
Q4 24
36.3%
Q3 24
36.8%
Q2 24
35.9%
Q1 24
35.4%
Operating Margin
PH
PH
PYPL
PYPL
Q4 25
22.8%
17.4%
Q3 25
23.3%
18.1%
Q2 25
22.7%
18.1%
Q1 25
22.3%
19.6%
Q4 24
20.9%
17.2%
Q3 24
21.6%
17.7%
Q2 24
21.1%
16.8%
Q1 24
20.4%
15.2%
Net Margin
PH
PH
PYPL
PYPL
Q4 25
16.6%
Q3 25
14.8%
Q2 25
17.6%
15.2%
Q1 25
19.4%
16.5%
Q4 24
20.0%
13.4%
Q3 24
14.2%
12.9%
Q2 24
15.1%
14.3%
Q1 24
14.3%
11.5%
EPS (diluted)
PH
PH
PYPL
PYPL
Q4 25
$6.60
$1.53
Q3 25
$6.29
$1.30
Q2 25
$7.16
$1.29
Q1 25
$7.37
$1.29
Q4 24
$7.25
$1.09
Q3 24
$5.34
$0.99
Q2 24
$6.06
$1.08
Q1 24
$5.56
$0.83

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PH
PH
PYPL
PYPL
Cash + ST InvestmentsLiquidity on hand
$427.0M
$10.4B
Total DebtLower is stronger
$7.5B
Stockholders' EquityBook value
$14.3B
$20.3B
Total Assets
$30.5B
$80.2B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PH
PH
PYPL
PYPL
Q4 25
$427.0M
$10.4B
Q3 25
$473.0M
$10.8B
Q2 25
$467.0M
$10.0B
Q1 25
$408.7M
$11.2B
Q4 24
$395.5M
$10.8B
Q3 24
$371.1M
$11.9B
Q2 24
$422.0M
$13.6B
Q1 24
$415.5M
$14.3B
Total Debt
PH
PH
PYPL
PYPL
Q4 25
$7.5B
Q3 25
$7.5B
Q2 25
$7.5B
Q1 25
$7.4B
Q4 24
$6.7B
Q3 24
$6.7B
Q2 24
$7.2B
Q1 24
$7.3B
Stockholders' Equity
PH
PH
PYPL
PYPL
Q4 25
$14.3B
$20.3B
Q3 25
$13.8B
$20.2B
Q2 25
$13.7B
$20.2B
Q1 25
$13.4B
$20.3B
Q4 24
$13.1B
$20.4B
Q3 24
$12.9B
$20.2B
Q2 24
$12.1B
$20.6B
Q1 24
$11.6B
$20.7B
Total Assets
PH
PH
PYPL
PYPL
Q4 25
$30.5B
$80.2B
Q3 25
$30.7B
$79.8B
Q2 25
$29.5B
$79.8B
Q1 25
$28.9B
$81.3B
Q4 24
$28.3B
$81.6B
Q3 24
$29.6B
$83.5B
Q2 24
$29.3B
$84.0B
Q1 24
$29.6B
$83.3B
Debt / Equity
PH
PH
PYPL
PYPL
Q4 25
0.52×
Q3 25
0.54×
Q2 25
0.55×
Q1 25
0.55×
Q4 24
0.51×
Q3 24
0.52×
Q2 24
0.59×
Q1 24
0.63×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PH
PH
PYPL
PYPL
Operating Cash FlowLast quarter
$862.0M
$2.4B
Free Cash FlowOCF − Capex
$768.0M
$2.2B
FCF MarginFCF / Revenue
14.8%
25.2%
Capex IntensityCapex / Revenue
1.8%
2.2%
Cash ConversionOCF / Net Profit
1.66×
TTM Free Cash FlowTrailing 4 quarters
$3.3B
$5.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PH
PH
PYPL
PYPL
Q4 25
$862.0M
$2.4B
Q3 25
$782.0M
$2.0B
Q2 25
$1.5B
$898.0M
Q1 25
$630.0M
$1.2B
Q4 24
$934.8M
$2.4B
Q3 24
$744.0M
$1.6B
Q2 24
$1.2B
$1.5B
Q1 24
$795.1M
$1.9B
Free Cash Flow
PH
PH
PYPL
PYPL
Q4 25
$768.0M
$2.2B
Q3 25
$693.0M
$1.7B
Q2 25
$1.3B
$692.0M
Q1 25
$542.4M
$964.0M
Q4 24
$813.6M
$2.2B
Q3 24
$648.7M
$1.4B
Q2 24
$1.1B
$1.4B
Q1 24
$715.9M
$1.8B
FCF Margin
PH
PH
PYPL
PYPL
Q4 25
14.8%
25.2%
Q3 25
13.6%
20.4%
Q2 25
25.5%
8.3%
Q1 25
10.9%
12.4%
Q4 24
17.2%
26.2%
Q3 24
13.2%
18.4%
Q2 24
21.6%
17.3%
Q1 24
14.1%
22.9%
Capex Intensity
PH
PH
PYPL
PYPL
Q4 25
1.8%
2.2%
Q3 25
1.8%
3.0%
Q2 25
2.5%
2.5%
Q1 25
1.8%
2.5%
Q4 24
2.6%
2.4%
Q3 24
1.9%
2.2%
Q2 24
2.3%
2.0%
Q1 24
1.6%
2.0%
Cash Conversion
PH
PH
PYPL
PYPL
Q4 25
1.66×
Q3 25
1.58×
Q2 25
1.59×
0.71×
Q1 25
0.66×
0.90×
Q4 24
0.99×
2.14×
Q3 24
1.07×
1.60×
Q2 24
1.58×
1.35×
Q1 24
1.09×
2.16×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PH
PH

Filtration And Engineered Materials$1.5B28%
Other$1.1B22%
Motion Systems$893.0M17%
Commercial Aftermarket$619.0M12%
Commercial Original Equipment Manufacturer$561.0M11%
Defense Original Equipment Manufacturer$305.0M6%
Defense Aftermarket$221.0M4%

PYPL
PYPL

US$4.9B57%
Non Us$3.7B43%

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