vs

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

Parker Hannifin is the larger business by last-quarter revenue ($5.2B vs $3.6B, roughly 1.5× Xcel Energy). On growth, Xcel Energy posted the faster year-over-year revenue change (14.1% vs 9.1%). Parker Hannifin produced more free cash flow last quarter ($768.0M vs $-3.2B). Over the past eight quarters, Parker Hannifin's revenue compounded faster (1.0% CAGR vs -1.2%).

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.

Xcel Energy Inc. is a U.S. regulated electric utility and natural gas delivery company based in Minneapolis, Minnesota, serving approximately 3.9 million electricity customers and 2.2 million natural gas customers across parts of eight states as of mid-2025. It consists of four operating subsidiaries: Northern States Power-Minnesota, Northern States Power-Wisconsin, Public Service Company of Colorado, and Southwestern Public Service Co.

PH vs XEL — Head-to-Head

Bigger by revenue
PH
PH
1.5× larger
PH
$5.2B
$3.6B
XEL
Growing faster (revenue YoY)
XEL
XEL
+5.0% gap
XEL
14.1%
9.1%
PH
More free cash flow
PH
PH
$4.0B more FCF
PH
$768.0M
$-3.2B
XEL
Faster 2-yr revenue CAGR
PH
PH
Annualised
PH
1.0%
-1.2%
XEL

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
PH
PH
XEL
XEL
Revenue
$5.2B
$3.6B
Net Profit
$567.0M
Gross Margin
37.3%
Operating Margin
22.8%
16.3%
Net Margin
15.9%
Revenue YoY
9.1%
14.1%
Net Profit YoY
22.2%
EPS (diluted)
$6.60
$0.95

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
XEL
XEL
Q4 25
$5.2B
$3.6B
Q3 25
$5.1B
$3.9B
Q2 25
$5.2B
$3.3B
Q1 25
$5.0B
$3.9B
Q4 24
$4.7B
$3.1B
Q3 24
$4.9B
$3.6B
Q2 24
$5.2B
$3.0B
Q1 24
$5.1B
$3.6B
Net Profit
PH
PH
XEL
XEL
Q4 25
$567.0M
Q3 25
$524.0M
Q2 25
$923.6M
$444.0M
Q1 25
$961.2M
$483.0M
Q4 24
$948.6M
$464.0M
Q3 24
$698.5M
$682.0M
Q2 24
$785.1M
$302.0M
Q1 24
$726.7M
$488.0M
Gross Margin
PH
PH
XEL
XEL
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
XEL
XEL
Q4 25
22.8%
16.3%
Q3 25
23.3%
19.1%
Q2 25
22.7%
17.6%
Q1 25
22.3%
17.3%
Q4 24
20.9%
11.1%
Q3 24
21.6%
25.0%
Q2 24
21.1%
14.8%
Q1 24
20.4%
18.6%
Net Margin
PH
PH
XEL
XEL
Q4 25
15.9%
Q3 25
13.4%
Q2 25
17.6%
13.5%
Q1 25
19.4%
12.4%
Q4 24
20.0%
14.9%
Q3 24
14.2%
18.7%
Q2 24
15.1%
10.0%
Q1 24
14.3%
13.4%
EPS (diluted)
PH
PH
XEL
XEL
Q4 25
$6.60
$0.95
Q3 25
$6.29
$0.88
Q2 25
$7.16
$0.75
Q1 25
$7.37
$0.84
Q4 24
$7.25
$0.81
Q3 24
$5.34
$1.21
Q2 24
$6.06
$0.54
Q1 24
$5.56
$0.88

Balance Sheet & Financial Strength

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

Metric
PH
PH
XEL
XEL
Cash + ST InvestmentsLiquidity on hand
$427.0M
Total DebtLower is stronger
$7.5B
$31.8B
Stockholders' EquityBook value
$14.3B
$23.6B
Total Assets
$30.5B
$81.4B
Debt / EquityLower = less leverage
0.52×
1.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PH
PH
XEL
XEL
Q4 25
$427.0M
Q3 25
$473.0M
$1.1B
Q2 25
$467.0M
$1.5B
Q1 25
$408.7M
$1.1B
Q4 24
$395.5M
$179.0M
Q3 24
$371.1M
$1.5B
Q2 24
$422.0M
$1.6B
Q1 24
$415.5M
$501.0M
Total Debt
PH
PH
XEL
XEL
Q4 25
$7.5B
$31.8B
Q3 25
$7.5B
$32.0B
Q2 25
$7.5B
$31.1B
Q1 25
$7.4B
$29.4B
Q4 24
$6.7B
$27.3B
Q3 24
$6.7B
$27.5B
Q2 24
$7.2B
$27.7B
Q1 24
$7.3B
$26.4B
Stockholders' Equity
PH
PH
XEL
XEL
Q4 25
$14.3B
$23.6B
Q3 25
$13.8B
$21.2B
Q2 25
$13.7B
$21.0B
Q1 25
$13.4B
$19.8B
Q4 24
$13.1B
$19.5B
Q3 24
$12.9B
$19.4B
Q2 24
$12.1B
$18.0B
Q1 24
$11.6B
$17.8B
Total Assets
PH
PH
XEL
XEL
Q4 25
$30.5B
$81.4B
Q3 25
$30.7B
$79.2B
Q2 25
$29.5B
$75.3B
Q1 25
$28.9B
$72.7B
Q4 24
$28.3B
$70.0B
Q3 24
$29.6B
$69.3B
Q2 24
$29.3B
$67.9B
Q1 24
$29.6B
$65.6B
Debt / Equity
PH
PH
XEL
XEL
Q4 25
0.52×
1.35×
Q3 25
0.54×
1.51×
Q2 25
0.55×
1.48×
Q1 25
0.55×
1.48×
Q4 24
0.51×
1.40×
Q3 24
0.52×
1.42×
Q2 24
0.59×
1.54×
Q1 24
0.63×
1.48×

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
XEL
XEL
Operating Cash FlowLast quarter
$862.0M
$209.0M
Free Cash FlowOCF − Capex
$768.0M
$-3.2B
FCF MarginFCF / Revenue
14.8%
-90.7%
Capex IntensityCapex / Revenue
1.8%
96.5%
Cash ConversionOCF / Net Profit
0.37×
TTM Free Cash FlowTrailing 4 quarters
$3.3B
$-6.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PH
PH
XEL
XEL
Q4 25
$862.0M
$209.0M
Q3 25
$782.0M
$1.8B
Q2 25
$1.5B
$1.1B
Q1 25
$630.0M
$1.0B
Q4 24
$934.8M
$664.0M
Q3 24
$744.0M
$1.7B
Q2 24
$1.2B
$1.2B
Q1 24
$795.1M
$1.1B
Free Cash Flow
PH
PH
XEL
XEL
Q4 25
$768.0M
$-3.2B
Q3 25
$693.0M
$-1.3B
Q2 25
$1.3B
$-1.3B
Q1 25
$542.4M
$-960.0M
Q4 24
$813.6M
$-1.6B
Q3 24
$648.7M
$-42.0M
Q2 24
$1.1B
$-641.0M
Q1 24
$715.9M
$-487.0M
FCF Margin
PH
PH
XEL
XEL
Q4 25
14.8%
-90.7%
Q3 25
13.6%
-33.0%
Q2 25
25.5%
-40.9%
Q1 25
10.9%
-24.6%
Q4 24
17.2%
-49.8%
Q3 24
13.2%
-1.2%
Q2 24
21.6%
-21.2%
Q1 24
14.1%
-13.3%
Capex Intensity
PH
PH
XEL
XEL
Q4 25
1.8%
96.5%
Q3 25
1.8%
78.0%
Q2 25
2.5%
73.8%
Q1 25
1.8%
50.9%
Q4 24
2.6%
71.1%
Q3 24
1.9%
48.8%
Q2 24
2.3%
60.5%
Q1 24
1.6%
42.1%
Cash Conversion
PH
PH
XEL
XEL
Q4 25
0.37×
Q3 25
3.37×
Q2 25
1.59×
2.43×
Q1 25
0.66×
2.13×
Q4 24
0.99×
1.43×
Q3 24
1.07×
2.55×
Q2 24
1.58×
3.94×
Q1 24
1.09×
2.15×

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%

XEL
XEL

Retail Distribution$2.3B64%
Regulated Natural Gas Segment$737.0M21%
Alternativeand Other$212.0M6%
Transmission Services$164.0M5%
Wholesale Distribution$159.0M4%
Other Services$8.0M0%

Related Comparisons